WI programme costs

From WI’s annual report for 2011

Note that programme costs do not include staff costs, as the income and expenditure account for y/e 31 December 2011 makes clear.

From WI’s annual report for 2011

The most startling thing in the programme costs is that Shannon costs have increased 57% while Grand Canal costs have decreased by 25%. I presume that the change is in the Civil Construction/Supply contract costs, as the other items don’t seem to have enough scope for such large changes. It would be interesting to know what the contracts were. The accounts of Grand Canal improvements on pages 12 and 16 don’t suggest any diminution in activity, although they are not specific enough to be definitive; the account for the Shannon on page 17 mention some new undertakings, of which the most significant was perhaps the new mooring at Killaloe, whereof the Chief Executive said in the Foreword:

From WI’s annual report for 2011

And so, I’m sure, say all of us.

But wouldn’t that be a capital cost? I can’t work out how the income and expenditure figures link to the activities covered in the descriptions of achievements.