ALLICE meeting - 3rd June 2009 - for comment

Hi

The next ALLICE meeting will take place at 12.30 pm on Wednesday 3rd June at Clarke Willmott, 138 Edmund Street

This will be a business meeting, primarily to discuss Association finances and planned activity over the next 12 months

The treasurer's projections of likely income and expenditure using various subscription levels follow this note. We'd like to be able to formulate a proposal on future subscriptions that can be sent out to all members after the meeting. If you can't make the meeting, please let me have your views so that these can be included in the discussion.

We'd also like to develop ideas about putting on more events like the EIA seminar we ran last year. Details of a proposed event showing course fees that would be necessary to make it self-funding follow the treasurer's report. Again, please let us know at the meeting, or before if you're not attending, what you think of this proposal, from both a content and cost perspective.

Please let me know whether you can attend or not

Regards

Phil



Financial Analysis

Bank Balance at 8th May 2009 = £1050

Assumption that we hold 4 meetings per year and each meeting incurs a charge of £250 to cover the cost of food and drink. Therefore, we need to maintain an operating budget of £1000 pa.

Assumption that we are charged £250 for June meeting.

£800 remaining at end of 2008/09 financial year.

The following projections are based on a membership of 40 people.

Option 1 – Maintain membership fee at £15 per person

Assumption that we do not subsidise any training or social events, there is no BIALL Conference bursary or charity donation

2009/10 £15 x 40 = £600
Plus £800 surplus from 2008/09 = £1400
Minus £1000 operating costs
= £400 surplus

2010/11 £15 x 40 = £600
Plus £400 surplus from 2009/10 = £1000
Minus £1000 operating costs
= Zero bank balance

2011/12 Subscriptions would need to increase to £25 per person to provide an operating budget of £1000.


Option 2 – Increase membership fee to £20 per person

Assumption that we do not subsidise any training or social events, there is no BIALL Conference bursary or charity donation

2009/10 £20 x 40 = £800
Plus £800 surplus from 2008/09 = £1600
Minus £1000 operating costs
= £600 surplus


2010/11 £20 x 40 = £800
Plus £600 surplus from 2009/10 = £1400
Minus £1000 operating costs
= £400 surplus

2011/12 £20 x 40 = £800
Plus £400 surplus from 2010/11 = £1200
Minus £1000 operating costs
= £200 surplus

2012/13 £20 x 40 = £800
Plus £200 surplus from 2010/11 = £1000
Minus £1000 operating costs
= Zero bank balance

2013/14 Subscriptions would need to increase to £25 per person to provide an operating budget of £1000.


Option 3 – Increase membership fee to £25 per person

2009/10 £25 x 40 = £1000
Plus £800 surplus from 2008/09 = £1800
Minus £1000 operating costs
= £800 surplus




Company Information Event

Trainer

Terry Kendrick

http://people.netcom.co.uk/r.kendrick/terry/

Venue

NTI

http://www.ntibirmingham.co.uk

Subject

Similar to:

http://www.cilip.org.uk/training/training/2009/research/findingcompanyinformation.htm

Cost

£100 (£85 for ALLICE members)

Date

To be agreed but hopefully before the end of the year

Duration

Half day (pm) Tea & coffee included