SI AnnRev2021 web - Flipbook - Page 25
SHARED INTEREST SOCIETY ANNUAL REVIEW 2021 25
2017
£’000
2018
£’000
2019
£’000
2020
£’000
2021
£’000
Credit charges
Bank deposit interest
Other
Total
2,928
147
89
3,164
3,264
55
125
3,444
3,513
58
63
3,634
3,362
54
115
3,531
3,153
50
112
3,315
Finance Costs
Provision for doubtful debts
Operating costs
Corporation Tax
Profit before members’ interest and donation
Members’ interest
Donation
£/$ Exchange rate at the year-end
(427)
(664)
(2,025)
48
(72)
1.34
(448)
(793)
(1,985)
218
1.30
(472)
(857)
(2,193)
112
(73)
1.23
(233)
(1,166)
(2,131)
1
(83)
1.29
(94)
(1,012)
(2,055)
154
(93)
1.35
Tangible fixed assets
Investments
Lent to customers
Cash and deposits
Debtors
Loans owed to the bank/overdrafts
Other creditors < I year
Other creditors > I year
Total
153
115
29,918
40,821
90
(29,501)
(521)
(214)
40,861
161
121
36,330
42,234
128
(35,241)
(506)
(214)
43,013
158
128
36,037
44,301
107
(35,155)
(514)
(238)
44,824
118
123
29,660
46,960
64
(28,485)
(373)
(238)
47,829
111
118
31,776
52,051
126
(31,313)
(388)
52,481
Capital
Proposed share interest
Proposed donation to Shared Interest Foundation
Profit and Loss
Total
39,367
70
1,424
39,367
41,371
1,642
43,013
43,071
72
1,681
44,824
46,148
82
1,599
47,829
50,730
91
1,660
52,481
STATEMENT OF
COMPREHENSIVE INCOME
BALANCE SHEET
The summary of the financial statements above is an extract of the full audited financial statements for the Society, which are available on request from the
Company Secretary or can be downloaded from our website.
The majority of our lending and overseas payments are made in USD thus the exchange rate with sterling has a significant impact on the figures.