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SOA Accounts
Income & Expenditure Account
Year ended 31 December 2019
2019 2018
Notes
Income £ £
Subscription Income 8903 9167
Regalia Sales 100 50
Advertising 675 915
Total Income 9,678 10,132
Expenditure
Bank charges 0 0
Committee Office Expenses 1 394 274
IT (Internet, website etc) 287 205
Magazine Cost 5914 5581
Regalia Purchases 2 20 1,530
Awards 223 232
Rally/Event net costs 3 1,372 1,051
Membership (RYA) 125 125
less : Total Expenditure 8,335 8,998
Excess of income over expenditure,
transferred to/(from) accumulated
fund 1,343 1,134
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