Charity Finance Group income rose by 19 per cent in 2011/12

The latest accounts show that, though it budgeted for a deficit of nearly £60,000, it made a surplus of more than £30,000

The income of the Charity Finance Group rose by 19 per cent in 2011/12, according to its annual report and accounts.

The accounts, published this week, show that its income rose from £1.31m in 2010/11 to £1.55m in the year to March 2012.

The umbrella body for finance professionals in the sector made a surplus of £30,700, against a budgeted deficit of £59,600. It had a deficit of £35,900 in the previous year.

There was a 3 per cent rise in membership, to 1,815 members compared with 1,758 in the previous year.

The accounts show that the largest increases were in conference and training income, which rose 33 per cent to £520,000, and income from the annual fundraising dinner, which rose 24 per cent to £126,000.

The charity has budgeted for a deficit of about £54,900 in the next year.

The organisation has also appointed Kevin Curley, former chief executive of the local infrastructure body Navca, as one of its new trustees.

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Already registered?
Sign in
Follow us on:

Latest Jobs

RSS Feed

Third Sector Insight

Sponsored webcasts, surveys and expert reports from Third Sector partners


Expert Hub

Insurance advice from Markel

Charity property: could you be entitled to a huge VAT saving?

Charity property: could you be entitled to a huge VAT saving?

Partner Content: Presented By Markel

When a property is being constructed, VAT is charged at the standard rate. But if you're a charity, health body, educational institution, housing association or finance house, the work may well fall into a category that justifies zero-rating - and you could make a massive saving

Third Sector Logo

Get our bulletins. Read more articles. Join a growing community of Third Sector professionals

Register now