Impact Report 2015/2016 | Page 20

financial summary Sonia Rees, Finance Director: “Managing the tensions between what we need to spend to care for all the children and young people in our area who need our services and what we can afford to spend involves some difficult decisions that fall to our Executive Director team and the Trustees. “We are focused on delivering growth in our services but recognise our growth plans must be affordable both now and for the long term as there sadly will always be children in need of our help. “We helped more families in more ways than ever during 2015-16 and at the same time delivered a surplus of £206,000. Out of every £1 we spent, 88p went towards the cost of services for our children and their families. For every £1 we spent on fundraising we raised £5.89 of income. We are extremely proud of our achievements in care. We are also proud of our financial track record.” 20 Extract from 2015-16 audited annual report and financial statements Income Fundraising Income £6,072,000 Statutory Income £3,558,000 Net Retail Income £1,314,000 Lottery Income £308,000 Other Income £97,000 Total Income £11,349,000 54% 30% 12% 3% 1% Fundraising Income Breakdown Donations £3,252,000 Legacies £2,568,000 Events £252,000 Total £6,072,000 54% 42% 4%