OGFB Finances 5th February 2023

[PanBiker]

I did an interim report in December which staved off our last quarterly payment. The next quarter will be due in March. Time for an update on the current state of the finances.

Income

Donations received since the last full report in March last year (14) : £235.00

Subscriptions received (11) : £55.00

Gross Income : £290.00

Paypal Fees: -£16.97

Net Balance after deductions: £273.03

Opening Balance brought forward: £85.47

Total income including opening balance: £358.50


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 : £275.19

This figure includes the £15.99 annual subscription for our Google Drive storage for the site backups.

Total outgoings: -£275.19

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Summary


Income: £358.50

Expenditure: -£275.19

Current balance in the sites PayPal account: £83.31


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 queries on the accounts presented if required.

[Stanley]

Thanks for the update Ian. I have taken appropriate action.

[Tizer]

Mrs Tiz paid our subs on the weekend.

[PanBiker]

I noticed Peter, thank you and to any others who have responded

[Tripps]

I have doned.

Being me of course I checked back and find that my membership, over more years than I would have believed, has cost me just under 50p per week.

I think that's good value - for a safe well run place, with nice people - to unload my thoughts. Thanks to all for putting up with me.

[Stanley]

It's a pleasure putting up with all of you!!!

[Gloria]

Sorry I’m late, I’d forgot with all this packing I’m doing, but I’ve done it now.

[Stanley]

Commiserations Gloria. Packing for a flit is a lousy job. It's a miracle you remembered at all!

[PanBiker]

Yes and thanks for the effort Gloria and to all others who have tipped up recently.

[Stanley]

Cheap at half the price......