Lichfield Branch

the year the Branch income from activities and donations together with significant “ring fenced” donations meant the Branch was able to make donations totalling £3,235 to waterways projects as follows:

£2,000 to n.b. President Boiler Appeal in memory of Malcolm Braine

£500 to Lichfield & Hatherton Canals Restoration Trust

£500 to Ashby Canal Association in memory of Jerry Sanders

£135 to Stafford Riverway link

£50 to Shrewsbury and Newport Canal Trust in lieu of speaker expenses

£50 to Truman Enterprise Narrowboat Trust

Income in 2022 was £2,629 made up of:

£353 donations:

£176 from various Lichfield Branch walks

£145 In memory of Jerry Sanders

£32 general donations including £20 from Barclays to compensate for a lost cheque

£254 raffle and refreshment donations from our public meetings. Thanks to everyone present for their support.

£140 advertising in Lichfield Lines. This comes from adverts in each of the four quarterly magazines.

£988 Branch Sales (the net profit is £415).

£200 new membership incentive. This is allocated to the Branch from Central Funds for each new membership signed up directly by the Branch.

£694 Christmas meal

Expenditure in 2022 was £4,900 which included:

£3,235 donations (as detailed above)

£178 hire of hall for public meetings

£100 speaker expenses

£100 hire of committee room

£573 purchase of merchandise for Branch Sales (Cost value of stock in hand is £538).

£694 Christmas meal. This was covered in total by the income for the event.

£20 Purchase of a Sum-up card machine which enables the Branch to take card payments at meetings and events. The only ongoing charge is a transaction fee of 1.69% of each transaction value.

Although there was an apparent “loss” of £2,271 in 2022, this includes the use of the £2,300 brought forward as “ring fenced” donations from 2021. Hence at the end of 2022 the available funds were £2,011 with no “ring fenced” funds being carried forward to 2023. This represents an increase in funds of £29.