EC Meeting May 2018

GFTU ET

REVIEW OF ACCOUNTS AS AT 31 Mar, 2018

Income:

5 customised courses were held in March 2018. However, we are only able to invoice 2 and still waiting to sort out the remaining 3 with Education.

Expenses:

Overall expenses are higher than budget mainly due to £60K worth of new build expenses incurred.

Total amount spent on Core Course, so far is £10359.

Advertising and promotion is for the Win:Win and some Education programmes.

Other event charges are for VIETNAMESE TRIP

Subscriptions shows a monthly charge for “Learning Pool” membership.

Bank:

Cash flow remains tight due to New build expenses.