The main source of income of our society is the membership fee, which contributes to our educational and charitable activities. The charts below give an overview of our income for the year ended 30 June 2019 and how it was spent.
Our accounts since the society was formed in October 2009 are shown in the following pdfs which can be downloaded:
Financial Statements year to June 2019: 2019
Independent Examiners report year to June 2018: 2018
Accounts year to June 2017: 2017
Accounts 6 months to June 2013: 2013
Accounts 15 months to December 2010: 2010
Expenses Policies can be found here: Expenses Policies
Reserves Policy: The Committee has considered carefully the reserves requirements for the society. Based on an assessment of financial risks and other relevant matters, it considers it appropriate to hold approximately 50% of anticipated annual costs in reserves. This amount will be reviewed on an annual basis.