[foundation-board] Annual accounts for 2010-11

Thu Apr 12 13:34:40 UTC 2012

I approve these.

On 12 April 2012 10:37, Rufus Pollock <rufus.pollock at okfn.org> wrote:

> Approval from me.
>
> I note that we have reviewed these accounts quite a lot already and
> been back and forth with Lucrafts on revisions.
>
> As Laura notes we may be revising our tax liability downwards in the
> future depending on outcome of R&D tax credit application (there is
> also a question over the classification of donations as *trading*
> income versus just income (the former being liable for tax the latter
> not). These are matters we will look into but as we are now somewhat
> *late* with these accounts we think it is important to file as soon as
> possible -- and we can amend the tax liability in the future depending
> on the outcome of future discussions.
>
> Rufus
>
> On 11 April 2012 18:09, Laura James <laura.james at okfn.org> wrote:
> > Please find attached revised accounts.
> >
> > We have allocated some funds which were prepayments against work to be
> > carried out in the next year which has reduced our corporation tax for
> the
> > year in question.  (We also plan to file for an R&D tax credit for a
> > fraction of our technical work but this will require further paperwork,
> and
> > so we propose to adjust our filing later this year if the tax credit is
> > approved.) In the meantime we wish to proceed to file these accounts with
> > both HMRC and Companies House and to pay the due corporation tax.
> >
> > Please can the board approve these accounts.
> >
> > Laura
> >
> > --
> >
> > Dr Laura James
> > Foundation Coordinator, Open Knowledge Foundation
> >
> > http://okfn.org
> >
> >
> > _______________________________________________
> > foundation-board mailing list
> > foundation-board at lists.okfn.org
> > http://lists.okfn.org/mailman/listinfo/foundation-board
> >
>
>
>
> --
> Co-Founder, Open Knowledge Foundation
> Promoting Open Knowledge in a Digital Age
> http://www.okfn.org/ - http://blog.okfn.org/
>
> _______________________________________________
> foundation-board mailing list
> foundation-board at lists.okfn.org
> http://lists.okfn.org/mailman/listinfo/foundation-board
>

-- 
James
http://casbon.me/
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://lists.okfn.org/mailman/private/foundation-board/attachments/20120412/10ed597a/attachment.html>