Crossed Grain
6 | ANNUAL REVIEW Financial Summary • The charity’s total income 2018 was £4.1m, an increase of 5% on 2017 . This was mainly due to the grant of £500k awarded by Innovate UK (a Government body tasked with investment in innovation and research) which will be restricted for expenditure under our Research Fund. • Reserves stood at £2m , an increase of £200k from 2017. • Expenditure was £3.9m . Research expenditure during the year increased from £204k to £469k or 11% of income . Campaigning £1,262,000 Membership £1,334,000 Research £204,000 Groups £248,000 Raising Funds £769,000 Expenditure 2017 Total Expenditure £3,817,000 Campaigning £1,006,000 Membership £1,257,000 Research £469,000 Groups £219,000 Raising Funds £901,000 Expenditure 2018 Total Expenditure £3,852,000 Donations & Gifts £1,273,000 Raffle and Lottery £318,000 Campaigning £552,000 Membership £1,318,000 Local Groups £69,000 Investments £42,000 Legacies £114,000 Sundry £401,000 Donations & Gifts £575,000 Raffle and Lottery £288,000 Campaigning £579,000 Membership £1,403,000 Local Groups £102,000 Investments £48,000 Legacies £477,000 Sundry £466,000 Income 2018 Income 2017 Total Income £4,087,000 Total Income £3,938,000 Board of Governors Claire Andrews Ray Bremner Maureen Burnside (elected 23 June 2018) James Chappell – Vice Chair Mike Elliott – Chair Dr Dai Lloyd (resigned 7 June 2018) Margaret Morgan Kenneth O’Dea Dr Anita Patel (co-opted 30 October 2018) Professor Alan Perkins (elected 23 June 2018) Professor David Sanders Reshma Shah (co-opted 30 October 2018) Robert Trice Thanks to all the brave fundraisers who ran, swam, baked, walked, dressed up, dressed down, spoke, sang, jumped, danced, ate, cycled, played and anything else to raise funds for Coeliac UK and celebrated our 50 th Anniversary with us. THANK YOU!
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