EC Meeting Papers March 2018

GFTU

REVIEW OF ACCOUNTS AS AT Jan 31, 2018

Income:

Up to 31 st Jan 2018 membership has been received from 13 unions out of 25 unions for year 2018 (24 unions affiliated in 2017)

Expenses:

Since Jan 18 is first month of the year most of the expenses are lower than budget. These expenses are tend to go up in coming months when all GFTU activities and events start taking places.

Investment:

Managed Investment analysis can only be done on quarterly basis as reports from managed companies come on quarterly basis. Quoted & Unquoted investment remain same till year end unless there is movement of sale or purchase during the year.

Debtors:

GFTU main biggest debtor is Quorn Grange Hotel.