KCHC-AR-2023 Final Signed - Flipbook - Page 40
2022/23 Financial Review
Income: Money received and sources of funds
The charts below show the main sources of income for the last two years.
2022/23
2021/22
£3.7m
£3.6m
Income
2022-23
Income
2021-22
£'000
£'000
1,440
Donations
1,632
138
Gift aid
144
110
In Kind donations
26
1,168
Legacies
1,290
757
Investment income
525
90
Other income
0
The Charity funds its grant-making activity from
fundraised income. This is raised through a wide
range of fundraising activities, which ensures
diversity across a wide supporter base, and from
legacies.
Income in 2022/23 was £3.7m (2021/22: £3.6m),
£0.1m higher than in the previous year and
reflected the net effect of changes across each key
source of income:
•
Legacy income decreased from £1.3m to £1.2m;
•
Investment income increased from £0.5m to £0.7m
due to an increased level of dividends, that have
recovered following a sharp fall during COVID-19.
Continuing to increase the volume of our fundraising
income and consequently our fundraised income are
both vitally important to the Charity’s future.
Further details are provided in Note 3.
•
40
Fundraising income at £1.7m was £0.1m
(excluding Gifts in Kind) lower than in 2021/22
which reflected shortfall in supporter
recruitment;
S U P P O R T K I N G S .O R G .U K
