OGFB Finances March 30 2019

[PanBiker]

I was slightly late last year with the report so this covers the period May 28 2018 to March 30 2019

Income

Donations received (20): £315.20

Paypal Fees: -£15.01

Net Balance from donations after fees: £300.19

Balance brought forward: £83.64

Total: £383.83


Outgoings

Site Hosting Fees

Jun: £42.00
Sep: £42.00
Dec: £58.00
Mar: £40.00

(December includes renewal of SSL certification for the site)

Total hosting fees: -£182.00

Site repair fees (phpBB Services)

Nov 2018 $70.00 = £56.02
Jan 2019 $25.00 = £20.19

Total in Sterling: -£76.21

Invoices were in US dollars so I paid as same at the exchange rate current at the time. There were minor PayPal currency conversion charges so I made an executive decision to pay slightly more for each transaction (in US dollars) so that Mark was not out of pocket.


Current balance (30/03/19) after outgoings: £125.62

Any queries please post.

[Stanley]

No queries, just a donation that I will attend to immediately.....
Thanks for being such a good treasurer....

[Bodger]

Ian i assume you got a couple of quid from me last month ? Tony

[PanBiker]

Indeed Bodge and thank you:

Here we go: 19/03/2019 08:40:35 GMT

I have a record to the second, You should have received a PayPal receipt at the time. I get the notification at the close of transaction after the receipt has been sent.

Thanks of course is extended to all who have donated over the last year.

Just as an aside Stanley, your 0.20p faux pas last year (which you corrected rapidly I hasten to add) fell foul of PayPals minimum service charge of exactly the same amount. It shows in the account as both a donation and deduction of the same amount with a negative outcome. Gumption Trap maybe?

[Tizer]

Trust Paypal to set traps!

[Stanley]

I hit the same problem this year but corrected it. It isn't the most intuitive page ever......

[Gloria]

Ian, let us know when funds need topping up again.

[PanBiker]

With PayPal you need to enter all four digits of a sterling donation including the pence even if they are zero. It enters from right to left so if you enter 20 it assumes 0.20 pence and not £20.00. What I noticed also is that when you pay in US dollars and I assume any other foreign currency it does not show you the sterling equivalent when you make the transfer just the fact that you have paid say $70.00. The equivalent sterling and exchange charges are shown in the balance sheet of course.

I have just paid for the latest quarter of hosting charges so excepting shipwrecks or drownings.......

[Stanley]

The thing that was blocking me this year was the fact I hadn't accepted the cookie disclaimer.....