November EC Meeting 2019

ET Management Accounts YTD Aug 19

change formula to SPLY

change formula to current month

Actual YTD Aug 17

Actual YTD Aug 18

GFTU ET Full Year 2019

Budget YTD Aug 19

Actual YTD Aug 19

YTD Variance %

Budget left to spend for the year

Variance to Last Year

YTD Variance %

Variance to Budget

Income source

Accounts Processing Services

- - - - - - - - - -

580.00

- - - - - - -

2,046.44

2,046.44

-

2,046.44

-

2,046.44

Recharge for services provided- QGH

- -

- -

- -

- -

- -

Contributions

Sponsorship/Commission Bank Interest Received

1,100.00

612.50

1,392.50

1,392.50

-

1,392.50

292.50

- - - - - - -

- - -

- - -

- - -

- - -

Misc Income- intercompany recharge

Gift Aid-GFTU Rent - QGH Rent - Housing

48,000.00 57,000.00

32,000.00

27,200.00

-

4,800.00

20,800.00 57,000.00 3,325.00

27,200.00

-

-

-

-

Training Room Hire

3,325.00

3,325.00

-

3,325.00

Gift Aid- Albion Gift Aid-QGH

-

- - -

- - -

- - -

- - -

-

32,000.00 32,000.00

20,000.00 12,000.00

- -

32,000.00 32,000.00

Gift Aid-QGH Nursery

Customised Course Fees

80,000.00

53,333.33

35,006.03

-

18,327.30

44,993.97

-

14,925.13

49,931.16

27,264.43

Core Courses

- - -

- - -

- - -

- - -

- - -

- - -

- - -

Trade Union Management Programme Grant/Arts Festival/Spon'ship/Project

Other Income

5,636.08

22,179.00

- -

5,074.09

5,074.09

-

5,074.09

-

561.99

-

-

-

Total income

120,667.24

82,635.93

185,000.00

85,333.33

74,044.06

-

11,289.27

-13%

110,955.94

-

46,623.18

-39%

Expenditure

Staffing Salary+ NIC

106,392.12

146,662.52 11,997.53

204,816.00 22,407.00

136,544.00 14,938.00

120,164.14 13,745.13

- -

16,379.86 1,192.87

84,651.86 8,661.87

13,772.02 13,745.13

Pensions

- -

Redundancy & Severance

- -

-

- -

-

-

-

Staff Welfare

50.00

2,400.00 2,000.00 4,500.00 4,500.00

1,600.00 1,333.33 3,000.00 3,000.00

- - - -

1,600.00 1,145.83 2,000.00 2,579.45

2,400.00 1,812.50 3,500.00 4,079.45

- -

50.00

Staff Travel and Subs

2,079.33 1,000.00 5,600.00

2,160.49

187.50

1,891.83

Essential Car user Allowance

875.00

1,000.00

-

GS Travel HOE Travel

4,650.70

420.55

-

5,179.45

-

-

-

- -

-

-

-

Other employment costs- Agency

960.00

794.00

1,200.00 3,000.00

800.00

- -

800.00

1,200.00 2,135.60

- -

960.00 495.58

Training and development

1,359.98

2,268.80

2,000.00

864.40

1,135.60

Agency

- -

- -

- - -

- -

- - -

- - -

- - -

Pensions Recovery Payments

Staffing total

117,441.43

169,409.04

244,823.00

163,215.33

136,381.72

-

26,833.61

16%

108,441.28

18,940.29

-16%

Premises Rent and Rates

-

-

1,500.00

1,000.00

- -

- - -

1,000.00

1,500.00

-

Repair and maintenance

311.66

5,590.00

250.00

166.67

166.67

250.00

-

311.66

Utilities

82.21

28.41

3,200.00

2,133.33

161.54

1,971.79

3,038.46

79.33

Health and Safety

-

- -

-

- -

-

-

-

Insurance

1,210.12 10,070.55

2,000.00 18,000.00

1,333.33 12,000.00

- -

1,333.33 6,708.16

2,000.00 12,708.16

- -

1,210.12 4,778.71

Depreciation

7,958.16

5,291.84

-

-

-

-

Premises total

11,674.54

13,576.57

24,950.00

16,633.33

5,453.38

-

11,179.95

67%

19,496.62

-

6,221.16

53%

Administration Stationery, Postage Courier & delivery cost Telephone & mobile IT, website, maintenance

5,977.64

4,103.02

8,500.00

5,666.67

4,890.28

-

776.39

3,609.72

-

1,087.36

-

-

-

-

-

-

-

4,335.99 1,857.13

3,137.70 5,753.56

7,000.00 4,000.00 1,500.00

4,666.67 2,666.67 1,000.00

5,055.28 14,102.90 1,808.22

388.61

1,944.72 10,102.90

719.29

11,436.23

- -

12,245.77 1,283.52

Printing & Copying

524.70

931.67

808.22

308.22