Income Review

Community Access Programme income for the year to March 31^st 2009 has remained remarkably consistent, public response has been very good in the previous year and it is essential that this momentum be maintained in coming years as Community Access Programme income is a major contributor to the Society's development expenditure.

Admin & General receipts for the year to March 31^st 2009 have significantly increased due to the inclusion of the Institute of Physics grant of £900.

Subscriptions and Fees show a prima facie decrease as the receipts for the year to March 31^st 2008 included a payment of £1,488 from HM Revenue & Customs for Gift Aid (including interest) for the period 6^th April 2002 to 5^th April 2006; excluding this Subscription and Fee income has actually increased slightly.

The graph below compares General (unrestricted) fund income for the year ended March 31^st 2009 with that for the year ended March 31^st 2008.

Membership subscription income met approximately 66% of core operating costs for the year reducing the dependency on other income sources for supporting day-to-day operations; our aim is to increase this and allow other income to be used to develop the Society.

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