OSAmag81

T h e O l d S t a t i o n e r - N o 7 9
OLD STATIONERS’ ASSOCIATION
ANNUAL GENERAL MEETING
rebuilt at a cost of £50M in 2011. It is seeking Academy Status through the sponsorship of the Stationers'
Company, and then will be renamed. I visited Crown Woods in January, with members of the Company,
and was very impressed by the state of the art facility - particularly for sport. The Company is hoping
that, after due diligence has been performed, the Academy will open this September. Once this takes
place, then the Committee will have to assess how this impacts upon our Association and in due course,
no doubt, make recommendations.
Finally, I would like to commend those of you who have been organising reunions of year groups in the
past and, I hope, for many years to come. Sadly, each year we lose a number of members and this is likely
to accelerate with the passing of time. Therefore, I urge you to be proactive in recruitment. Our
membership continues to remain healthy at around 500, and the reunions that you are organising have
been a good source of new membership.
Thank you again for your support for tonight's occasion and I hope that you enjoy the remainder of the
evening in very good company.
David Sheath President
Honorary Treasurer’s Report
For the year to 31st December 2013
I am pleased to present the accounts for the year ended 31st December 2013.
The surplus for the year on Ordinary Activities is £586 (last year £2,057). The membership is around 500, down
very slightly on last year, and includes a number of Honorary Members. We have had a steady intake of new
members during the year.
The decrease in income is due to the reduction of the amount of arrears being collected since subscriptions were
increased a few years ago, and to lower donations.
Higher expenditure this year is due to the last magazine being 56 pages as against the normal 48 pages, with the
associated extra costs and postage. Web site expenses were £163 compared with zero last year.
Other Activites, covering merchandise, books and social events, show a surplus of £965 this year (last year deficit of
£73). They include a surplus on sale of ties, scarves and blazer badges. Baynes' book, A History of the Stationers'
Company's School, produced a surplus of £61 on sales during the year and there was a surplus of £889 on dinners
and lunches.
Overall, we have a surplus of £ 1,551 this year (last year £ 1,984) which has been added to the Accumulated General
Fund.
This year the Embleton Fund has subsidised the reprint of the 40th Anniversary President's Day programme and
£123 has been written off against this Fund.
The main features of the Balance Sheet are an increase in the cash held, partly offset by the increase in creditors. I
am pleased to report that the OSA is in a healthy financial position and that, following the rise in subscriptions
three years ago and barring unforeseen circumstances, we should be able to hold them at the present level for some
time to come.
Michael Hasler
Hon. TreasurerHon. Treasurer
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