Apologies from Alan Drury, who as prevented from attending due to the weather.
Finances – Phil advised that the bank account stands at £4935. The audit is due and Moore and Smalley have agreed to undertake the audit. The annual return has to be sent by the end of July once the accounts have been audited.
Phil is still waiting for confirmation from the tax office regarding corporation tax and is confident that the trust will only have to pay tax on bank interest. We are still awaiting funds from Supporters Direct.
Standing orders have now been received for the goalden lottery and the trust have forwarded the information are awaiting confirmation from the club.
The trust webshop has just received a cheque for £43.92 which brings total payments so far to £231.80. There are over £80 worth of commissions still to be authorised and paid.
Publicity for the directional signs has now been printed in the press. The trust is slightly disappointed that some of the quotes were edited and came across as slightly misleading. The online petition is now active and we have signatures building up. A manual petition will up and running for the Forest Green game and volunteers are required to help out on the day.
Updates – membership now stands at 322
Finance – balance of the bank account stands at £4185, all signs/coaches paid for and cheque for shares has been sent, but not cashed yet and no certificate has been received yet. No monies yet received from Supporters Direct.
Updates – membership has jumped in the last two weeks and has now reached 319 members
Finances- the bank account now stands at £4612.44 and a second bank account has been opened, with a better interest rate. All five signs have been paid for in full. As per the EGM, Phil made enquiries about the minimum shareholding in Pinewise Ltd t/a Southport Fottball Club. The legal minimum is £1, but practically the club would take anything over £50. It was agreed that the club would purchase £100 of shares.