January 2015 Income/Expenditure Balances correct at close of business 31st January 2015

January 2015 Income/Expenditure
Balances correct at close of business 31st January 2015

Branch Rebate
£7,184.38
Phones/Internet/Ink
£455.60
+ Opening Balance
£39,841.78
Computer Equipment
£536.97

Central Billing
£64.43

Photocopier Lease
£216.22

Printing & Publishing
£559.52

Postage
£1,073.86

Death Grant Benefits
£2,910.00

Travel & Expenses
£1,115.98

Donations
£30.00

Other Expense
£2,160.00

Total
£47,026.16
Total
£9,122.58

Balance
£37,903.58

January saw an overspend of £1,938.20. As you can see in the expenditure column, there were a number of high cost expenses last month which will have accounted for the overspend, the most obvious being £2,160.00 under Other Expenses which was the cost of the diaries and £1,073.86 on postage. Our postage costs included the election for the Branch Editor position plus sending out diaries and pens to our Retired and Portable members.