Page 20 - BPW UK ANNUAL REVIEW 2021-2022 - PART I

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ANNUAL REVIEW as at 31 December 2021.

Having volunteered to take up the role of Treasurer in July 2021 I must firstly and most
importantly acknowledge and thank Judith Leggat for her continued support to me throughout
the year. She has maintained the records, guided me and explained all the complications that
goes with being a Treasurer. I would not have been able to contribute as much as I have to this
role and the other working groups that I sit on without her active support.

The accounts for BPW UK show income of £6493 and expenditure of £4489 resulting in a surplus
of £2004. Income was less than last year because the membership renewal fee was set at £60.
Expenditure was much lower than budgeted as a result of no face to face FEC and external

meetings. However the BPW International Congress and the European President meetings were
hybrid with only the International Congress charging a fee.

A very big thank you to all the members who donated a total of £794 towards the running costs
of the organisation.

A total of £120 was sent to the Members Emergency Fund.

On the expenses side we received notification that our bank HSBC would be introducing business
banking fees on our Treasurer’s account so the FEC took the decision to move banks. Lloyds was

selected as the most cost effective for our banking needs and the main funds were transferred
during November with a small balance left at HSBC so any renewals in January that are received
can be transferred across easily rather than being returned and being resent. We have renewed
our Zoom subscription as this is essential for our operation and Areas and Working Groups have
also made use of it.

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The membership as at 31 December 2021 was 86 made up of 85 full members and 1 student
which is a reduction on the previous year’s total. 7 members ceased to be members during the
year and 5 new members joined.

FEC meetings have continued throughout the year by Zoom.

Debtors and Prepayments consist of outstanding membership fees and the element of insurance
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that is prepaid up until 1 March 2022. Creditors and accruals are MEF donations not paid over
by the end of December.

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