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1 <?xml version="1.0" encoding="utf-8"?>
2 <!DOCTYPE html
3 PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd">
4 <html xmlns="http://www.w3.org/1999/xhtml"><head><meta name="copyright" content="Copyright (C) 2007 Henry S. Thompson"/><meta http-equiv="Content-type" content="text/html; charset=utf-8"/><style type="text/css">
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38 @top-right {content: "2009-09-08"}
39 @top-left {content: "Victoria Terrace Working Group Report"}}
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44 </style><title>Addendum to Report to Area Meeting from the Future of Victoria Terrace Working Group</title></head><body style="font-family: DejaVu Sans, Arial; background: rgb(254,250,246)">
45 <div style="text-align: center">
46 <h1>Addendum to Report to Area Meeting from the Future of Victoria Terrace Working Group</h1>
47 <div class="byline">Henry S. Thompson</div>
48 <div class="byline">29 October 2009</div>
49
50 </div>
51
52 <div>
53 <p>This addendum has been prepared in response to questions which
54 have come up a number of times from people reading the original report.</p>
55 <div>
56 <h4>1.1. Impact on Area Meeting</h4>
57 <p>First of all, with respect to the overall place within Area Meeting's
58 finances of the financial status
59 of 7 Victoria Terrace, as summarised in Figure 3 of the report, the following
60 table gives an overview of this in terms of the four figures each year:
61 Donations to Area Meeting, the impact of Victoria Terrace, contributions to
62 Britain Yearly Meeting and the balance used for other contributions and Area Meeting purposes,
63 including savings carried forward:</p>
64 <table>
65 <thead>
66 <tr>
67 <th/>
68 <th> Notes </th>
69 <th>2001</th>
70 <th>2002</th>
71 <th>2003</th>
72 <th>2004</th>
73 <th>2005</th>
74 <th>2006</th>
75 <th>2007</th>
76 <th>2008</th>
77 </tr>
78 </thead>
79 <tbody>
80 <tr>
81 <td>Income from donations to AM</td>
82 <td class="n">[1]</td><td class="t">61</td><td class="t">79</td><td class="t">49</td><td class="t">72</td><td class="t">77</td><td class="t">71</td><td class="t">72</td><td class="t">76</td>
83 </tr>
84 <tr>
85 <td>7VT impact</td><td class="n"/><td class="t d">-8</td><td class="t">2</td><td class="t">3</td><td class="t">7</td><td class="t d">-12</td><td class="t d">-14</td><td class="t d">-26</td><td class="t d">-30</td>
86 </tr>
87 <tr>
88 <td>Contribution to BYM</td><td class="n">[2]</td><td class="t d">20</td><td class="t d">35</td><td class="t d">30</td><td class="t d">31</td><td class="t d">33</td><td class="t d">24</td><td class="t d">27</td><td class="t d">19</td>
89 </tr>
90 <tr class="t">
91 <td class="s">AM balance</td><td/><td class="t">33</td><td class="t">46</td><td class="t">22</td><td class="t">48</td><td class="t">32</td><td class="t">33</td><td class="t">19</td><td class="t">27</td></tr>
92 </tbody>
93 </table>
94 <ol>
95 <li>Includes donations earmarked for a range of specific purposes.</li>
96 <li>Includes donations earmarked for BYM central funds, in the region of
97 three to four thousand
98 pounds in recent years.</li>
99 </ol></div>
100 <div>
101 <h4>1.2. Reduction in lettings</h4>
102 <p>Secondly, the report mentions that the loss of letting income from a
103 number of large institutions over the last few years accounts for a significant
104 percentage of the overall lettings decline. There have been around half-a-dozen such
105 losses, each accounting for in the region of one to two thousand pounds per annum.</p></div>
106 </div>
107
108 </body></html>