annual report and accounts 2012 - RSPB

RSPB trustees’ report and accounts 2011-12
Notes to the accounts
5 Investment income and interest
2012)
£’000)
2011)
£’000(
Income received from: (
Interest on cash 169) 106)
Listed Stock Exchange investments 188) 193)
Corporate Bonds -) 166)
Property 19) 63)
________) ________)
376) 528)
________) ________)
Other income:
Net gains on disposals of fixed assets 195) 224)
________) ________)
Included above is investment income of £13,000 (2011: £18,000), which relates to the Hanson Environment Fund.
This treatment has been agreed with the donor and the fund is held as an expendable endowment (see Note 18).
6 Total resources expended
Cost of generating funds:
Direct(
costs(
£’000(
Support(
costs(
£’000(
2012(
Total(
£’000(
2011(
Total(
£’000(
Costs of generating voluntary income: (
Membership subscriptions and donations 9,176) 627) 9,803) 8,404)
Grants, corporates and trusts
Legacies
2,311)
694)
203)
22)
2,514)
716)
2,095)
737)
_______) _______) _______) _______)
12,181) 852) 13,033) 11,236)
Cost of activities to generate funds (
Commercial trading 17,050) 254) 17,304) 17,218)
Investment management costs 61) -) 61) 54)
_______) _______) _______) _______)
Total cost of generating funds 29,292) 1,106) 30,398) 28,508)
(
Charitable revenue expenditure: (
Conservation on RSPB nature reserves 28,296) 983) 29,279) 28,860)
Conservation – research, policy and advisory 32,050) 2,130) )34,34,180) 33,722)
Education and communication 12,954) 615) 13,569) 13,257)
Membership services and enquiries 4,008) 64) 4,072) 3,949)
_______) _______) _______) _______)
77,308) 3,792) 81,100) 79,788)
Governance costs 459) 24) 483) 498)
_______) _______) _______) _______)
Total resources expended 107,059) 4,922) 111,981) 108,794)
_______) _______) _______) _______)
Governance costs include audit, legal advice for trustees and the costs associated with constitutional and
statutory requirements, such as trustees’ meetings.
Conservation - research, policy and advisory includes grant payments amounting to £6,405,030 with support costs
of £436,000 (2011: £7,995,000; £501,000). Grants were awarded to 94 (2011: 87) organisations; no grants were made
to individuals. A full list is available on request.
www.rspb.org.uk 29