Talk:Meetings/2009-11-03/Agenda/Treasurer's Report: Difference between revisions

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# Is the WMF grant really income from charitable activities? I would have thought that meant things like entrance fees to National Trust sites, rather than grants.
# Is the WMF grant really income from charitable activities? I would have thought that meant things like entrance fees to National Trust sites, rather than grants.
::Non-restricted grants count as voluntary income. Grants with service requirements count as income from charitable activities in the SORP guidelines. The idea is that they're payments to us to do what we're supposed to be doing anyway.
::Non-restricted grants count as voluntary income. Grants with service requirements count as income from charitable activities in the SORP guidelines. The idea is that they're payments to us to do what we're supposed to be doing anyway.
# Can you remove the Equity section? As I understand it, a charities equity is always zero, so do we need to include it?
:::I'll put that in the "nonsensical bureaucracy" category! --[[User:Tango|Tango]] 22:04, 2 November 2009 (UTC)
# Can you remove the Equity section? As I understand it, a charity's equity is always zero, so do we need to include it?
::Done.
::Done.
# The interest free loans are ''from'' directors not ''to'' them, aren't they?
# The interest free loans are ''from'' directors not ''to'' them, aren't they?

Latest revision as of 23:04, 2 November 2009

3 comments on the accounts:

My reply is inline below. --Cfp 21:23, 2 November 2009 (UTC)
  1. Is the WMF grant really income from charitable activities? I would have thought that meant things like entrance fees to National Trust sites, rather than grants.
Non-restricted grants count as voluntary income. Grants with service requirements count as income from charitable activities in the SORP guidelines. The idea is that they're payments to us to do what we're supposed to be doing anyway.
I'll put that in the "nonsensical bureaucracy" category! --Tango 22:04, 2 November 2009 (UTC)
  1. Can you remove the Equity section? As I understand it, a charity's equity is always zero, so do we need to include it?
Done.
  1. The interest free loans are from directors not to them, aren't they?
Yup. Oops.

Thanks for displaying it as a gif - far easier to read! --Tango 17:01, 2 November 2009 (UTC)