Financial review 2007/8
Income
Total annual income rose by 30% to £40.3 million.
|
£million |
| Donations and gifts |
19.5 |
| Legacies |
2.3 |
| Fundraising events |
3.3 |
| Grants (voluntary income) |
1.9 |
| Grants (restricted) |
10.6 |
| Other |
2.7 |
|
|
|
|
|
|
How your £1 was spent in 2007/8
Fundraising and governance 23p and charitable objectives 77p.
Expenditure
Total expenditure in 2007/08 was £35.5 million of which £27.4 million was spent on our charitable objectives.
|
£million |
| Supporting partners to deliver water, sanitation and hygiene |
23.1 |
| Influencing policy in water, sanitation and hygiene |
4.3 |
| Fundraising |
7.8 |
| Governance |
0.3 |
Voluntary income rose to £27.2 million, an increase of 20% on the previous year's figure of £22.7 million. Like last year, we experienced significant growth in grant funding for specific charitable activities (55% up on 2006/07). Total expenditure in 2007/08 was £35.5 million of which £27.4 million was spent on our charitable activities.
In 2008/09, with your essential support, our income is planned to exceed £45 million, helping our partners to provide over one million people with safe water and more than three million people with sanitation.
The financial statements were approved by the Board of Trustees on 4 September 2008 and signed on its behalf by:
|
|
 |
| Jeremy Pelczer, Chairman |
|
Hugh Belshaw, Trustee |
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