16/12/2018 13:22
Navigation
· Home
· 2018 S15 Schedules
· Constitution
· Int. Selection Policy
· Playing Rules
· Drugs Policy
· Meetings
· Downloads
· SPA Contacts
· Site Rules
· Discussion Forum
· Contact Webteam
· Event Calendar (NEW)
IM Series
· 2018 IM Dates/Deadlines
· 2018 IM Area Draws
· 2018 IM Rankings
· 2017 IM Rankings
SPA Information
· 2018 Roll of Honour
· SPA Tour Rankings
· Ladies Tour
International Teams
· Mens
· Ladies
· Youths and Juniors
· Learning Difficulties
Member Leagues
· Affiliated Leagues
Other
· Photo Gallery
· Downloads
· Search
· Web Links
Users Online
· Guests Online: 33

· Members Online: 0

· Total Members: 2,197
· Newest Member: dmp1903
Forum Threads
Newest Threads
· Grandmasters (over 6...
· Cue Here club champi...
· EBA Europeans
· 2019 Willie McCartne...
· Men's B2 European Ch...
Hottest Threads
· An Invite from th... [1120]
· challenge match n... [637]
· Riley's £10000 am... [430]
· Last Movie you wa... [390]
The Scottish Pool Association Ľ General Ľ SPA Announcements
2017 Accounts
Username
Password
Register FAQ Members List Today's Posts Search

Print Thread

  2017 Accounts
by: secretary, 1 week ago 12:16 PM (#41)

Gerryb wrote:
Gerryb wrote:
knowledge wrote:
Gerryb wrote:
FCBash wrote:
Gerryb wrote:
Who is it and are they independent?


Paul McKendry is the accountant who audits the books.


Thanks, I have asked this on a number of occasion so nice to get a response. One question though, why is his name not actually on the accounts?

One note of caution, although Paul is more than qualified, with the new membership fee coming in he will no longer be independant.


There is no requirement for an independent accountant based on the constitution (which you can't consult).


8. Finance

8.1 The financial year runs from the 1st of Jan to the 31st of December each year, and all financial statements should be prepared on an accruals basis.

8.2 All funds belonging to the SPA should be deposited in accounts that carry the associationís title. All accounts must operate on two signatories, one of whom will be the treasurer and the other a member of the Executive Committee.

8.3 At each SPA meeting the treasurer will present a summary of the associationís ledger accounts showing all income and expenditure since the last meeting.

8.4 After each significant SPA event, the treasurer will produce and present to the next SPA meeting, a summary Income and Expenditure statement for each event.

8.5 Any sub-divisions of the SPA holding their own separate finances and bank accounts are responsible for these accounts. They are required to submit to the SPA treasurer a fully reconciled Income and Expenditure account along with the most recent bank statements, at least three weeks prior to the annual AGM.

8.6 The SPA treasurer will provide consolidated financial statements at least one week prior to each AGM, where they will be verified and passed as accurate.


You have got be kidding with this extract? Who wrote this crap?

There should be no sub divisions of the SPA holding money. Surely budgets are agreed then allocated. or if money is raised its ring fenced as their in the central account?

No requirement for an accountant? There is over 100,000 going through the 2017 books. As a matter of good practice and to provide assurances for the members who pay this money in we should have accounts signed and verified by an independant accountant. Pool has a long way to go yet if it wants to be taken seriously as a sport if this is the way we want to continue.


Smile


Look forward to seeing you on Sunday
secretary
General Member


Posts: 3339
Joined: 14.01.08
Location: Scotland

RE: 2017 Accounts
by: Gerryb, 1 week ago 01:41 PM (#42)

secretary wrote:
Gerryb wrote:
Gerryb wrote:
knowledge wrote:
Gerryb wrote:
FCBash wrote:
Gerryb wrote:
Who is it and are they independent?


Paul McKendry is the accountant who audits the books.


Thanks, I have asked this on a number of occasion so nice to get a response. One question though, why is his name not actually on the accounts?

One note of caution, although Paul is more than qualified, with the new membership fee coming in he will no longer be independant.


There is no requirement for an independent accountant based on the constitution (which you can't consult).


8. Finance

8.1 The financial year runs from the 1st of Jan to the 31st of December each year, and all financial statements should be prepared on an accruals basis.

8.2 All funds belonging to the SPA should be deposited in accounts that carry the associationís title. All accounts must operate on two signatories, one of whom will be the treasurer and the other a member of the Executive Committee.

8.3 At each SPA meeting the treasurer will present a summary of the associationís ledger accounts showing all income and expenditure since the last meeting.

8.4 After each significant SPA event, the treasurer will produce and present to the next SPA meeting, a summary Income and Expenditure statement for each event.

8.5 Any sub-divisions of the SPA holding their own separate finances and bank accounts are responsible for these accounts. They are required to submit to the SPA treasurer a fully reconciled Income and Expenditure account along with the most recent bank statements, at least three weeks prior to the annual AGM.

8.6 The SPA treasurer will provide consolidated financial statements at least one week prior to each AGM, where they will be verified and passed as accurate.


You have got be kidding with this extract? Who wrote this crap?

There should be no sub divisions of the SPA holding money. Surely budgets are agreed then allocated. or if money is raised its ring fenced as their in the central account?

No requirement for an accountant? There is over 100,000 going through the 2017 books. As a matter of good practice and to provide assurances for the members who pay this money in we should have accounts signed and verified by an independant accountant. Pool has a long way to go yet if it wants to be taken seriously as a sport if this is the way we want to continue.


Smile


Look forward to seeing you on Sunday


Do I need to go on Sunday to get the answers to the questions set, not all by me?
Gerryb
General Member


Posts: 479
Joined: 14.01.08
Location: Glasgow
Age: 49

RE: 2017 Accounts
by: smarties, 1 week ago 04:34 PM (#43)

Gerryb wrote:
secretary wrote:
Gerryb wrote:
Gerryb wrote:
knowledge wrote:
Gerryb wrote:
FCBash wrote:
Gerryb wrote:
Who is it and are they independent?


Paul McKendry is the accountant who audits the books.


Thanks, I have asked this on a number of occasion so nice to get a response. One question though, why is his name not actually on the accounts?

One note of caution, although Paul is more than qualified, with the new membership fee coming in he will no longer be independant.


There is no requirement for an independent accountant based on the constitution (which you can't consult).


8. Finance

8.1 The financial year runs from the 1st of Jan to the 31st of December each year, and all financial statements should be prepared on an accruals basis.

8.2 All funds belonging to the SPA should be deposited in accounts that carry the associationís title. All accounts must operate on two signatories, one of whom will be the treasurer and the other a member of the Executive Committee.

8.3 At each SPA meeting the treasurer will present a summary of the associationís ledger accounts showing all income and expenditure since the last meeting.

8.4 After each significant SPA event, the treasurer will produce and present to the next SPA meeting, a summary Income and Expenditure statement for each event.

8.5 Any sub-divisions of the SPA holding their own separate finances and bank accounts are responsible for these accounts. They are required to submit to the SPA treasurer a fully reconciled Income and Expenditure account along with the most recent bank statements, at least three weeks prior to the annual AGM.

8.6 The SPA treasurer will provide consolidated financial statements at least one week prior to each AGM, where they will be verified and passed as accurate.


You have got be kidding with this extract? Who wrote this crap?

There should be no sub divisions of the SPA holding money. Surely budgets are agreed then allocated. or if money is raised its ring fenced as their in the central account?

No requirement for an accountant? There is over 100,000 going through the 2017 books. As a matter of good practice and to provide assurances for the members who pay this money in we should have accounts signed and verified by an independant accountant. Pool has a long way to go yet if it wants to be taken seriously as a sport if this is the way we want to continue.


Smile


Look forward to seeing you on Sunday


Do I need to go on Sunday to get the answers to the questions set, not all by me?


You don't have to Gerry, but it would be good to have the people there that have asked the questions then you can debate the answers you get if you want to. We won't be coming on the net after the meeting debating every answer, this will only be done at the meeting.

Malky.
smarties
General Member


Posts: 853
Joined: 09.03.08
Location: livingston

RE: 2017 Accounts
by: Gerryb, 1 week ago 08:58 AM (#44)

I dont see there being a debate. The questions should be answered at the meeting together with a post on this thread, then the thread is locked with a message saying any further questions should be directed to? the exec?
Gerryb
General Member


Posts: 479
Joined: 14.01.08
Location: Glasgow
Age: 49

Options
Jump to Forum:
Forum powered by fusionBoard
Share this Thread
URL:
BBcode:
HTML:
Login
Username

Password



Forgotten your password?
Request a new one here.
Events
<< December 2018 >>
Mo Tu We Th Fr Sa Su
          1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31            
Shoutbox
You must login to post a message.

07/12/2018
Bash sent you a pm

22/11/2018
All stats will be published upon completion of all S15 events.

21/11/2018
Any player stats being posted from the 2nd decision?

22/10/2018
When the seniors draw getting done?

15/10/2018
Anyone know if there is any provisional date for the super 11s premier next year?

27/09/2018
Cheers FCBash

23/09/2018
Trying to get it up and running - John working on it.

22/09/2018
Any streams for the ims today

21/09/2018
No dress code for the qualifiers Davy.

18/09/2018
I take it that their is no dress code for the 15s qualifiers folks

Render time: 0.22 seconds Original theme by Nick Jones Modyfied into Gillette_Blue by Harly 72,483,165 unique visits