OGFB Finances 24th March 2022
Posted: 24 Mar 2022, 14:48
Time for an update on the current state of the finances.
Income
Donations received since the last report (12) : £290.00
Subscriptions received (6) : £30.00
In addition 1&1 IONOS sent us £2.12 in January which I think was an adjustment for when we moved to the Virtual Server. There was no reference on the payment but it is a credit.
Gross Income : £322.12
Paypal Fees: -£15.30
Net Balance after deductions: £306.82
Opening Balance brought forward: £27.51
Total income over period: £334.33
Outgoings
Quarterly Hosting Fees are due March, June, September, December
In addition we pay monthly for I/P address leasing and the Virtual Server instance that the site runs on.
1&1 IONOS for December and March quarters domain renewal and all other fees : £186.02
We paid Mark at phpBB services for work done £46.85 this was $60 at the exchange rate at the time.
I also paid £15.99 for 100GB of Google Drive storage for the site backups. This will be an annual fee from now on.
Total outgoings: -£248.86
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Summary
Income: £334.33
Expenditure: -£248.86
Current balance in the sites PayPal account: £85.47
On the income side of things you will notice there are donations and subscriptions. The donations are individual payments made via the donate button on the site. Subscriptions are regular payments made by direct debit or standing order. One member uses this method for a monthly payment to site funds.
As usual I will answer any questions on the accounts presented if required.
Income
Donations received since the last report (12) : £290.00
Subscriptions received (6) : £30.00
In addition 1&1 IONOS sent us £2.12 in January which I think was an adjustment for when we moved to the Virtual Server. There was no reference on the payment but it is a credit.
Gross Income : £322.12
Paypal Fees: -£15.30
Net Balance after deductions: £306.82
Opening Balance brought forward: £27.51
Total income over period: £334.33
Outgoings
Quarterly Hosting Fees are due March, June, September, December
In addition we pay monthly for I/P address leasing and the Virtual Server instance that the site runs on.
1&1 IONOS for December and March quarters domain renewal and all other fees : £186.02
We paid Mark at phpBB services for work done £46.85 this was $60 at the exchange rate at the time.
I also paid £15.99 for 100GB of Google Drive storage for the site backups. This will be an annual fee from now on.
Total outgoings: -£248.86
-----------------------------------------------------------------------------------
Summary
Income: £334.33
Expenditure: -£248.86
Current balance in the sites PayPal account: £85.47
On the income side of things you will notice there are donations and subscriptions. The donations are individual payments made via the donate button on the site. Subscriptions are regular payments made by direct debit or standing order. One member uses this method for a monthly payment to site funds.
As usual I will answer any questions on the accounts presented if required.