OGFB Finances 5th February 2023
Posted: 05 Feb 2023, 11:56
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
-----------------------------------------------------------------------------------
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.
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
-----------------------------------------------------------------------------------
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.