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► AGM Documentation Financial Information

ACCOUNTS SUMMARY 2007/2008
INCOME AND EXPENDITURE ACCOUNT

                            2007/2008                        2006/2007
INCOME                  £               £                   £                       £

Trading                                 76,890                             109,862
Miscellaneous income                    71,247                    68,354
Block grant                      724,624                  671,024
                        _______                _______

Total income                      872,761                849,240
                        _______                _______

COSTS

Overheads                      378,474                  361,839

Student Activities
Sports and Societies          194,491                  180,126
Representation              177,986                  168,715
Welfare & Education          178,311                  150,060
                _______                _______
            
                          550,788                           498,901
                        _______                _______

Total Cost                     929,262                              860,740
                        _______                _______
                        _______                _______

OUTCOME – PROFIT (LOSS)              (56,501)                  (11,500)
                        _______                    _______