[financial info]
The funding and donations we receive allow us to deliver greatly needed services to our clients and expand our services for the future. Here's an overview of our funding and finance for 2008-09.
Money we received 
Our income for the year ending 31 March 2009 amounted to £3,228,619. This was an increase of 15% over the previous year, thanks to:
- The extension of our prescribing service in Lowestoft
- A substantial donation from ITV
- A grant to assist with the purchase and implementation of new client management software
- Various smaller increases in contract income
Our income from investments was down by 14% due to the fall in interest rates halfway through the year. However, we did benefit from a timely deposit into a 6-month fixed interest account at 4.1% in December, just days before the interest rate plummeted to 2%. The bulk of our funds were in cash deposits, none of which were affected by the failure of Icelandic banks.
Money we spent
Our spending rose by 12% on the previous year to £3,039,917 due to:
- A 5% increase in salaries and ancillary costs, which rose to £2,144,783 or 70% of our total expenditure
- Premises expenses, rose due to refurbishments at Regent Road, Lowestoft
- Depreciation, increased due to the acquisition of client management software and the depreciation of leasehold improvements at Exchange Street, Norwich.
In summary
The result was a surplus of £180,638 compared to £81,182 in the previous year, made up of:
- A net decrease in Restricted Funds of £17,571
- A net increase on the General Fund of £198,209
With our General Fund standing at £1,956,284, we're well placed to face the uncertainties of the recession and the challenges of income generation in the future.
Accounts for 2008-09
For abbreviated accounts information see our 2008/09 Accounts Summary or for a full set of accounts please go to www.charity-commission.gov.uk.
Annual review
In the past year we've helped nearly 6,000 clients with alcohol or drug problems. We've also introduced a few changes to our organisation to help us meet the challenges of the future. Find out more in our annual review.
Our services
Today, we use the knowledge and experience we've gained over the last 30 years to develop reliable, innovative and cost-effective solutions that deliver results both for our clients and our partner agencies and funders. See our full range of services.
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