International Map Collectors' Society

IMCoS Accounts to December 31st 2014

2014 0 12,353

INCOME & EXPENDITURE ACCOUNT
Year ended 31 December 2014
20142013
INCOME££££
Membership subscriptions20,12820,075
Journal advertising17,44018,053
Map fair contributions7021,028
Website advertising9601,320
Members’ events (Note 2)212346
Book sales (net)78445
Bank interest7932,008
40,31343,275
EXPENDITURE
IMCoS journal26,63926,551
Gifts, awards & presentations641362
Advertising & promotion2050
Map & Society lectures400400
AGM & committee meetings690538
Committee expenses111280
Printing & stationery658461
Post & telecommunications469505
General insurance1,1911,130
Membership administration1,1221,344
Financial administration936811
Computer & website721710
Bad debt1,0000
Bank & credit card charges1,9241,856
Income Tax charge (2013)3580
37,06534,948
SURPLUS OF ORDINARY INCOME
FOR THE YEAR3,2488,327
BALANCE SHEET
Year ended 31 December 2014
20142013
££££
FIXED ASSETS
IMCoS library (less sales)1,0001,200
CURRENT ASSETS
Bank balances (Note 1)76,69974,278
Prepayments1,4551,455
Income tax recoverable0358
Accounts receivable795255
78,94976,346
CURRENT LIABILITIES
Prepaid membership subscriptions
201512,8196,081
20165,0361,481
20171,2150
19,07019,915
19,07019,070
NET CURRENT ASSETS59,87956,431
60,87957,631
.
MEMBERS’ FUNDS
Balance brought forward57,63157,631
Surplus for year (2014 Surplus)3,2483,248
60,87960,879
.
Jeremy EdwardsHans Kok
Honorary TreasurerChairman
.
NOTES TO THE ACCOUNTS
Year ended 31 December 2014
20142013
1. BANK BALANCES££
National Westminster Bank
Current a/c6,3129,327
Bonus saver70,38719,951
Term deposits045,000
76,69974,278
.
2. MEMBERS’ EVENTSIncomeExpenditureSurplus2013
(Deficit)Net
££££
Annual Dinner1,6001,327272476
Norwich visit468528-60–
London Collectors meeting–––130
2,0681,855212346
 .
All content and images © 2023 International Map Collectors' Society.
Website Design by Popcorn