The Finance Team have the very important job of making sure that the Association accurately and effectively manages its income and expenditure. The performance of the Team, and quality of the Associations systems was recently recognised by the receipt of a clean Management Letter, for the 5th year running, by the Associations External Auditors.

For the period April 2008 to March 2009, the Association had a surplus of £602,053.

These charts show where the Associations money came from and how it was spent.

Association Income:

Rental Income	£8,232,880
Other Money In	£2,423,274
Money Made the Sale of Fixed Assets	£662,170

Association Expenditure:

Staff Wages and Costs	£2,159,588
Day to Day Repairs	£1,077,637
Major Repairs	£2,338,318
Interest Paid to the Bank	£1,628,303
Other Money Spent	£3,512,425

If you would like to see all of this information in much more detail then you can get a full copy of the Annual Accounts by contacting us.

Auditor

Baker Tilly UK Audit LLP
Chartered Accountants and Registered Auditors
Breckenridge House
274 Sauchiehall Street
Glasgow
G2 3EH

Solicitor

BTO
48 St Vincent Street
Glasgow
G2 5HS