Charity Finance Director's Group

(a charitable company limited by guarantee)

Annual Report and Financial Statements

Registered Charity No. 1054914
Company Number 3182826

 


Notes to the financial statements
For the year ended 31 March 2007

2 Resources expended

a) Analysis of total resources expended

  Staff costs Support
costs
Other direct
costs
Total
2007
Total
2006
Unrestricted funds £ £ £ £ £
Cost of generating funds 6,488 1,976 42,337 50,801 31,971
Charitable activities          
Member and information services 168,251 51,236 93,436 312,923 288,778
Events, conferences and training 122,749 37,380 122,106 282,235 245,635
Policy & campaigning 71,626 21,812 18,789 112,227 67,644
Governance 27,580 8,399 22,894 58,873 45,616
Total unrestricted resources expended 396,694 120,803 299,562 817,059 679,644
Restricted funds          
Charitable expenditure          
Member and information services - 12,500 - 12,500 12,500
Policy & campaigning - - - - -
Total restricted resources expended - 12,500 - 12,500 12,500
Total resources expended 396,694 133,303 299,562 829,559  
Total resources expended 2006 309,460 153,872 228,812 692,144  

Within all charitable activities rows of the 'Other direct costs' column there are costs of £74,050 (2006: £60,700) relating to services donated to CFDG that were not incurred by CFDG. (See note 3b.) Had the services not been donated CFDG would have incurred this cost.

b) Analysis of support costs

  Generating
funds
Member
Services
Events Policy Governance Total
2007
Total
2006
Unrestricted funds £ £ £ £ £ £ £
Employee-related costs 105 2,710 1,977 1,154 444 6,390 55,343
Premises 781 20,270 14,789 8,629 3,323 47,792 35,235
Communications & IT 250 6,471 4,721 2,755 1,061 15,258 14,064
Postage & printing 245 6,362 4,641 2,708 1,043 14,999 11,380
Financial costs 479 12,426 9,065 5,290 2,037 29,297 23,038
Depreciation 116 2,997 2,187 1,276 491 7,067 2,312
Total unrestricted 1,976 51,236 37,380 21,812 8,399 120,803 141,372
Restricted funds              
Depreciation - 12,500 - - - 12,500 12,500
Total restricted - 12,500 - - - 12,500 12,500

All support costs are allocated on the basis of staff time.

Staffing support costs have not been analysed as the majority of CFDG staff work directly on activities and the amount allocatable to support is therefore not material.

c) Analysis of governance costs

Legal and professional fees 4,896 1,100
Taxation advice from auditors - 8,150
Audit fees 3,450 2,981
Costs of AGM, Trustee travel, recruitment and training 10,898 3,594
Apportionment of staff and support costs 35,979 27,291
Donated resources 3,650 2,500
Total governance costs 58,873 45,616

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Page 23 - Annual Report and Financial Statements 2007