Decision Maker: Queen's Own Royal West Kent Regiment Museum Trust Committee
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
To
approve the Trust’s Accounts for the year ending 31 March
2012.
Decision:
That
the Trust’s Accounts for the year ending 31 March 2012,
attached as Appendix A to the report of the Head of Finance and
Customer Services, be approved.
Reasons for the decision:
The
Accounts for the year ending 31 March 2012 are attached as Appendix
A to the report of the Head of Finance and Customer
Services.
The
Accounts must be approved before they are submitted to the Charity
Commission.
There
was a deficit of £2,701 on the Receipts and Payments Account
for 2011/12. However the Trust does
continue to have a healthy bank balance with £7,740 in the
Accounts as at 31 March 2012, and overall assets of £27,110
including the investment in the UST Combined Charitable Income
Fund.
The
most significant item of expenditure was a payment of £6,800
towards the purchase of individual sets of medals that had been
awarded to a grandfather, father and son, from the same family, who
had served in the Regiment. The cost
was partially offset by a donation of £3,000 from the
Queen’s Own Buffs Association.
Alternative options considered:
There
is no alternative action as the Trust is required to submit its
Accounts to the Charity Commission.
Wards Affected: (All Wards);
Details of the Committee: None.
Contact: Simon Lace, Museums and Heritage Manager Paul Holland Ext.2038 Email: SimonLace@maidstone.gov.uk.
Report author: Paul Holland
Publication date: 10/01/2013
Date of decision: 09/01/2013
Decided: 09/01/2013 - Queen's Own Royal West Kent Regiment Museum Trust Committee
Effective from: 18/01/2013
Accompanying Documents: