AGM Questions & Answers

QUESTIONS & ANSWERS

Q: A question a regarding Direct Expenditure for Telephone Expenses on the Financial Statement. The Budget was £350 but the cost was £842 showing over-spend of £492. How come?  I have not kept the figures for previous years so am unable to compare.  CN

A: The “Telephone” expenditure is considerably more than expected as the broadband charge, previously shown with “Computer Expenses”, is now invoiced with the telephone and so shown in that heading.  For clarity, it should be mentioned that although this should mean the “Computer Expenses” were reduced this was not the case as various repairs and upgrades were needed throughout the year. KT, Hon Treasurer