EC Papers September 2018

ET Management Accounts YTD Jul 18

GFTU ET Full Year 2018

Budget YTD Jul 18

Actual YTD Jul 18

Variance to Budget

Budget left to spend for the year

Income source

Notes

Accounts Processing Services

- - - - - -

340.00

340.00

-

340.00

Recharge for services provided- QGH

- -

- -

- -

Contributions

Sponsorship/Commission Bank Interest Received

612.50

612.50

-

612.50

- - - -

- -

- -

Misc Income- intercompany recharge

Gift Aid-GFTU Gift Aid- Albion Gift Aid-QGH

100,000.00

58,333.33

-

58,333.33

100,000.00

-

-

-

-

48,000.00

28,000.00

20,000.00 12,000.00 27,264.43

-

8,000.00 12,000.00 15,597.76

28,000.00 12,000.00 7,264.43

Bad debt to write off

Gift Aid-QGH Nursery Customised Course Fees

-

- -

20,000.00

11,666.67

Core Courses

- - -

- - -

- - -

- - -

Trade Union Management Programme Grant/Arts Festival/Spon'ship/Project

PCS £10k; QGH Rent 3 months Jun, Jul & Aug @ £4k

Other Income

12,000.00

7,000.00

22,179.00

15,179.00

-

10,179.00

-

-

-

Total income

180,000.00

105,000.00

82,395.93

-

22,604.07

97,604.07

Expenditure

Staffing Salary+ NIC

202,762.00 22,407.00

118,277.83 13,070.75

133,120.31 10,461.79

14,842.48

69,641.69 11,945.21

Pensions

-

2,608.96

Redundancy & Severance

-

- -

-

-

Staff Welfare

2,400.00 2,000.00 5,000.00 4,500.00

1,400.00 1,166.67 2,916.67 2,625.00

-

1,400.00

2,400.00

Staff Travel and Subs

1,950.04

783.37

49.96

Essential Car user Allowance

750.00

-

2,166.67 1,776.10

4,250.00

GS Travel HOE Travel

4,401.10

98.90

-

-

-

-

Other employment costs- Agency

1,200.00 4,000.00

700.00

794.00

94.00 64.53

406.00

Training and development

2,333.33

2,268.80

-

1,731.20

Agency

- - -

- -

- - -

- - -

Pensions Recovery Payments

Staffing total

244,269.00

142,490.25

153,746.04

11,255.79

90,522.96

Premises Rent and Rates

1,500.00

875.00 145.83

-

-

875.00

1,500.00 5,340.00 3,171.59

Removal costs and storage (Apr 18)

Repair and maintenance

250.00

5,590.00

5,444.17 1,838.26

-

Utilities

3,200.00

1,866.67

28.41

-

Health and Safety

-

- -

-

-

Insurance

2,000.00 18,000.00

1,166.67 10,500.00

- -

1,166.67 3,536.61

2,000.00 11,036.61

Depreciation

6,963.39

-

-

-

Premises total

24,950.00

14,554.17

12,581.80

-

1,972.37

12,368.20