|
2004 |
2003 |
|
£000 |
£000 |
| |
|
|
| Income |
|
|
| Contributions of Members |
|
|
| 2003/04:9@£125.00 (2002/03:11@£107.50) |
1 |
1 |
| 2003/04:3720@£250.00 (2002/03:3,712@£215.00) |
930 |
798 |
| 2002/03 : late payments |
1 |
1 |
 |
|
932 |
800 |
|
|
|
| |
|
|
| Income from Investments and Deposits |
40 |
35 |
| (Loss) on sale of investments |
(19) |
(2) |
| Dividends received from the estates of sequestrated solicitors in respect of grants made |
337 |
270 |
| Inspection Fees |
58 |
55 |
| Accountant’s Certificate Rules Report net recoveries |
24 |
26 |
|
| Total Income |
1,372 |
1,184 |
|
|
|
|
| |
|
|
| Expenditure |
|
|
| Grants made by the Council of the Society in |
|
|
| compensation to persons suffering loss by dishonesty of solicitors |
187 |
73 |
| Stop Loss Insurance |
222 |
212 |
|
|
409 |
285 |
|
|
|
|
| |
|
|
| Judicial Factories and Section 38 Interventions |
48 |
36 |
| Salary charges & overheads |
255 |
245 |
|
|
303 |
281 |
|
| |
|
|
| Administrative Expenditure |
|
|
| Salaries and superannuation |
554 |
520 |
| To the Law Society of Scotland for administrative expenditure on account of the Fund |
131 |
128 |
|
685 |
648 |
| Less: Judicial Factory charge |
251 |
241 |
|
|
434 |
407 |
|
|
|
|
| |
|
|
| Inspection costs, Stationery, etc. |
69 |
82 |
| Audit Fee |
1 |
1 |
| Corporation Tax |
2 |
– |
| Depreciation |
15 |
9 |
| Other Expenses |
30 |
32 |
|
|
117 |
124 |
|
| Total Expenditure |
1,263 |
1,097 |
|
| |
|
|
|
| Surplus for the year |
109 |
87 |
|
