Money at a Glance 2022

 

ONE OF THE GREAT ENCOURAGEMENTS IN 2022 WAS THE WAY DAYSPRING’S FINANCES TURNED OUT, particularly as we had found ourselves with a deficit of £7000 at the end of 2021.  Our day to day spending was £62,000. Income—including the tax rebate of £10500—was £69,300, which was brilliant. Thanks for that.
 
IN ADDITION you gave special offerings of over £9,000. These went to the school in DELHI, to UKRAINE and to cover the extra expense of welding on the OPEN BLUE Bus.
 
You may remember that during the year we decided that we were not using our Chippenham town centre OFFICE enough to justify the expense of renewing the lease. In the end it cost £6000 to close the offices. That happened at the end of September when it seemed a bit unrealistic for giving in the rest of the year to cover the extra cost, so we decided to take the money from savings. In a way, the extra costs had built up over the five years we had the property, so we were very comfortable about doing that. However, we can’t help but be encouraged that we ended with a surplus on day-to-day expenditure which could have covered that unforeseen expense.
 
Thanks to David Sandberg and to Dawn for their work on ensuring that we have clear and accurate financial reports. If you want to burrow down into the detail, please speak to David or to Carole. We welcome any questions.
 
In a week or two the 2022 accounts will be back from the auditor, and they will be on their way to the Charity Commission before the 31st October deadline. You can see our recent charity reports here.