7. Other Income Badges & Wreaths Enter total receipts from stock items. Please note that to comply with HMRC rules, Branches should not be involved in trading activities. Items of low intrinsic commercial value can be given in return for a suggested donation. Branches should consult the Finance Department for further advice in this area. Proceeds from Sale of Investments Enter the proceeds from the sale of investments held locally. This does not include transfers between bank and building society accounts or closure of accounts etc. Such transactions should be included under although are not ‘other’ of course expenses themselves. (specify) Enter details of other receipts that do not fall into any of the above categories. Examples may include proceeds from sale of equipment, trust income received from Head Office, or transfers from other bank accounts. Please provide brief details of any amounts recorded in this category. This section is also used for general fund receipts from other Legion formations. 8. Receipts Add items 1 to 7 above for the current and previous years and enter as item 8. Payments 9. Welfare Expenditure This section should be completed by Branches that do not operate a separate Welfare bank account. the total Welfare Expenditure from Box 28 on page 3 of the form. This figure should also equal Box 30 on page 3 (Surplus/deficit on Welfare Account) at Box 30 on page 3. (If the Branch operates a separate Welfare bank account, this section should only be used to show the transfer of funds from the General to the Welfare Account) 10. Branch Ceremonial Events
7. Other Income Badges & Wreaths Enter total receipts from stock items. Please note that to comply with HMRC rules, Branches should not be involved in trading activities. Items of low intrinsic commercial value can be given in return for a suggested donation. Branches should consult the Finance Department for further advice in this area. Proceeds from Sale of Investments Enter the proceeds from the sale of investments held locally. This does not include transfers between bank and building society accounts or closure of accounts etc. Such transactions should be included under ‘other’ although are not of course expenses themselves. (specify) Enter details of other receipts that do not fall into any of the above categories. Examples may include proceeds from sale of equipment, trust income received from Head Office, or transfers from other bank accounts. Please provide brief details of any amounts recorded in this category. This section is also used for general fund receipts from other Legion formations. 8. Receipts Add items 1 to 7 above for the current and previous years and enter as item 8. Payments 9. Welfare Expenditure This section should be completed by Branches that do not operate a separate Welfare bank account. the total Welfare Expenditure from Box 28 on page 3 of the form. This figure should also equal Box 30 on page 3 (Surplus/deficit on Welfare Account) at Box 30 on page 3. (If the Branch operates a separate Welfare bank account, this section should only be used to show the transfer of funds from the General to the Welfare Account) 10. Branch Ceremonial Events
branch-guide-2016.docx