[okfn-coord] Next Board Meeting: Tuesday December 15th @ 1830 GMT

[Becky Hogge]

2009/12/14 Martin Keegan <martin at no.ucant.org>:
>
> Further to the bollocking I got at the last meeting, please find the most
> recent accounts at the location quoted at the bottom of this message.
>
> What has been done:
>  * include all the work invoiced for but not paid
>  * include the PayPal donations / OKCon revenues (since 2006)
>  * include hosting donations in kind (as of this quarter)
>  * make balance sheet and P&L statements obvious

This is much appreciated, Martin, thank you :)
>
> The effect of including the invoiced work is rather dramatic.

Indeed. I've added a note on the agenda to discuss cashflow. From the
accounts, it seems like the bulk of the problem arises from 2 invoices
for the data.gov project, issued by us at the end of October (21K) and
November (14K) respectively. Are we likely to receive payment on these
any time soon? With a turnaround of 3 months on some government
invoices, perhaps the earliest we can expect payment is at the end of
January. In the meantime, we've got an almost 14K shortfall in between
accounts payable and our own bank balance. This looks worrying and we
should discuss what we can do about it.

Cheers

Becky

>
> The hosting costs run to around 75 quid a month, which now shows up on our
> P&L.
>
> The paypal donations mean our monthly income is up by about the same
> amount per month.
>
> Mk
>
> Location:
>
> http://spreadsheets.google.com/ccc?key=0An9QCL6qYpXndGdFdWhPMWVoVkxYRVpaVFJBZkxtTVE
>
> This is linked for convenience from the board wiki. The Google docs userid
> you need is okfn.admin and the password is the same as for the board wiki.
>
>
>
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