Mary's Annual Report 2022 - Flipbook - Page 24
Finances
INCOME & EXPENDITURE REPORT
SMC Youthwork For the year ended 31st March 2022
Income
Donations and Grants
Charitable Income - School Fees
£389,272
£16,631
Investment Income
Total Income
£22
£405,925
Expenditure
Project Costs
Fundraising Costs
£19,800
£4620
Staff Costs
£124,849
Overheads
£63,493
Other
Total Expenditure
Net Income (Expenditure)
£1,900
£214,261
£191,664
Capital Project
We commenced fundraising for improvements to our facilities.
The ambition is one counselling room, one group work room, an
office and disabled WC. This financial year we had contributions
to the capital fund of £144,000 and £35,000 was spent on the
professional, architectural, legal and local planning cost of
preparation for the works.
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