THE LEAGUE OF REMEMBRANCE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2014
3 Investment income
2014
2013
£
£
Listed investments
57,602
64,365
Bank deposit interest
16
13
57,618
64,378
4 Council and employees
No members of the Council received or were entitled to receive any remuneration. No member of the Council was reimbursed
expenses during the year (2013: £Nil). The average weekly number of persons employed by the League during the year was:
2014
2013
Number
Number
Remembrance Workers
47
47
Secretary
1_
1_
48
48
Staff costs
2014
2013
£
£
Grants-ln-ald and salaries
74,448
70,311
74,448
70,311
No employees earned in excess of £60,000.
5 Costs of charitable activities
2014
2013
£
/
Grants-in-aid
68,448
64,311
Laundry
2,072
2,015
Amenities
4,853
7,546
Allocated administration and support costs
19,137
21,766
94,510
95,638
6 Governance costs
2014
2013
£
/
Audit fee
2,397
2,256
Trust administration and secretarial costs
4,784
5,442
7,181
7,698
14
THE LEAGUE OF REMEMBRANCE
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 AUGUST 2014
The future
2015 marks the Centenary of the League of Remembrance and plans to celebrate this Important year are In hand. It Is hoped that
one of the highlights will be a reception held In the Speaker's House, The Palace of Westminster combined with a service of
Thanksgiving in the Crypt Chapel.
All events during the year will concentrate on raising public awareness of the work of the League, honouring its history and its
evolvement over the years to Its present day activities and aspirations for the future.
Since founding the League In the First World War, the world has seen considerable changes, with more international conflicts,
great advances In medldne, science and technology and a society with different needs and expectations. The League has risen to
these challenges and adapted Its work to meet them whilst remaining true to its original concept.
As we march forward Into the second century of the League's history we will be faced with many more challenges and this need to
remain flexible and adaptable will be even more Important.
We have daunting yet exciting years ahead into 2015 and beyond. To conclude we record our grateful thanks and appreciation to
all who continue to help us in so many ways.
This report was approved by the Council on
G M Redman-Brown Esq, MA
Chairman
7
