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AGM financial and membership reports

October 20, 2020 9:00 PM

⇒ Return to AGM 2020 agenda

Financial report

Membership income in the year to 1 September 2020 was £2545. During the year the main outgoings were firstly support to candidates in the 2019 General Election (£2250) and secondly the 2020 Party Conference (£1084). Funds were also used to pay for our Prater Raines website/email platform and a new Zoom account. The bank balance on 17 October 2020 was £7,597.62.

Membership report

Our records were audited in August this year and, together with the new members that have joined around Party Conference, LDEG's membership now stands at 202. Due to the practical difficulties of handling cash and cheques, especially during the COVID period, the Executive decides to discourage new members p[aying by those means. All members are encourage to use the GoCardless (direct debit) platform liked to the LDEG website.