annual report OFFICERS President: Professor Keith Ewing Chairperson: John Hendy QC Treasurer: Geoffrey D Shears Director: Carolyn Jones
2015 INTRODUCTION Our 25th anniversary year was both a pleasure and a triumph. A pleasure in that our core collective bargaining message was disseminated to a countrywide audience via meetings and social media. A triumph in that it was our best financial year in nearly a decade.
However, we also faced our difficulties. We experienced an unusually high turnover of staff which had a negative impact on our sales and promotions strategy, problems partly negated by a corresponding reduction in expenditure. However, reducing staffing and activity levels in not a sustainable strategy, particularly as we enter a ruthless, anti-trade union period in UK politics. With that in mind, we are now rebuilding our staffing structure to ensure we have the resources to inform the debate and disseminate the arguments. We believe that our positive financial position and our new staffing structure, mean we can approach the difficult Tory years ahead with strength and determination. ADMINISTRATION Administratively it has been a turbulent year. Carolyn Starr our Events Officer, left in July 2014 and Treena Johnson our Administration Officer left in January 2015. As an interim solution we appointed two temporary members of staff in July 2014 to cover work on events and communication.
4th Floor, Jack Jones House, 1 Islington, Liverpool, L3 8EG Tel 0151 207 5265 Fax 0151 207 5264 email office@ier.org.uk www.ier.org.uk
Beth McNally works two days a week on events and Claudia O’Brian works two days a week updating our website and producing our weekly News Brief. In the longer term, the Officers agreed to reshape our staffing structure and rebuild our staffing complement back to three full time members of staff. In April 2015 James Harrison was appointed as National Coordinator, responsible for admin, finances and events. Our next appointment will be a Development Officer, tasked with taking our message out via the website, social media and the press. We hope to have that person in place by the end of this year.
Subscriber Numbers International 2% Libraries 4% Free 7%
Individual 52%
TU branches 35%
Students 0%
MEMBERS AND SUBSCRIBERS Our membership figure currently stands at 79 of which 41 are trade union representatives.
Our subscription numbers have increased for the fourth year on the run, up from 624 in 2013 to 652 last year. Individual subscriptions have increased from 304 to 312, trade union branch subscriptions are up from 209 to 212 and commercial/library subscriptions have increased from 23 to 26. We have 9 international subscribers (up 1) and 44 free subscribers – people who speak at IER events (up 10). This welcome increase in numbers is despite a university cancelling its central subscription package for students, resulting in our student subscriptions falling from 47 to nil. However, we suspect that many of those students now subscribe direct as we have seen an increase in our reduced rate subscribers, which now stands at 49. Once again our electronic subscription list has grown substantially. Last year we reported an impressive 5,527 people were receiving our e-alerts – up 2% on the previous year. This year our electronic subscribers total 5,886 – an increase of over 6%. That increase in online activity is not, unfortunately, reflected in online sales. Last year we reported sales worth £14,569. This year we report a figure of £12,816.11. However, we had less to sell last year and fewer people to sell it! Nevertheless, we still managed to recruit 36 new subscribers via the website and 34 existing subscribers also decided to renew online.
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unions, and
Who should attendent lawyers working in support of trade and labour law.
industrial relations Trade unionists, employm with an interest in academics and students the Law Society’s credit hours under CPD accreditation conferences attract the Bar’s New General Council of All IER seminars and e. Delegates ent Scheme and the Continuing Developm e and Established Practitioners’ Programmfee of £10 to ation Practitioners’ Programm be charged an additional administr may requiring CPD points cover costs.
tion Delegates who advise Additional informa the time of the event. will receive a accepted up until days in advance Name changes are on more than 15 working ation. IER of their cancellati deduction for administr credit note with 10%
Costs
Full Price £80 per delegate £100 per delegate £240 per delegate £25 per delegate
IER Subscribers Trade Unions Lawyers Unwaged
Please note: legal firms per conference.
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PUBLICATIONS PLANNED FOR 2015/16 • Mythbuster 1 Access to justice by Andrew Moretta • Mythbuster 2 Busting the business Myths by David Whyte • Surveillance at work by Shah Qureshi • Labour Law Highlights by Old Square Chambers • Reviewing UK union laws by a panel of IER experts COMMISSIONS, PROJECTS AND PUBLIC POLICY WORK Last year was our 25th Anniversary year and Keith Ewing began the year with an annual lecture, the theme of which was What kind of laws should trade unions demand from a Labour government. That theme fed through
Full Price
IER Subscribers Trade Unions Commercial
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stration No. 523 2046
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£90 per delegate £220 per delegate £240 per delegate the office bookings. Please telephone be negotiated for block Reduced prices can on 0151 207 5265. for further informati ways to pay look for this conference. To get your easy 3 gs: Bookin nts and www.ier.org.uk/eve 1. Website: go to using paypal. form. online booking pay your earlybird discount send a cheque with House, early bird discount 4th Floor, Jack Jones 2. Post: to get your to IER, post to IER, Cheques are payable L3 8EG 1 Islington, Liverpool booking. r.org.uk to make your 3. Email: office@ie Euston/Kings How to get thereor Kings Cross and Euston rail stations. From ton Row. Holborn tube station, h and alight at Southamp to North Greenwic Cross, bus no. 188
e at Update conferenc Employment Law laces at the London Please reserve__ p .................................................. £___each ........................................................ ........................................................ ................ ........................................................ Name ........................................................ ........................................................ ........................................................ Address ............................
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A think tank for the labour movement We hope you can join us on the 29th April 2014 for our
‘What kind of laws should trade unions demand from a Labour government?’ Followed by drinks and refreshments
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celebratory event including: An occasional lecture by Professor Keith Ewing unions, and industrial relations Trade unionists, employm with an interest in academics and students the Law Society’s credit hours under CPD accreditation conferences attract the Bar’s New IER seminars and General Council of
Who should attendent lawyers working in support of trade and labour law.
All e. Delegates ent Scheme and the Diskus Centre, UNITE House, 128 Theobald’s Road, London, WC1X 8TN Continuing Developm e and Established Practitioners’ Programmfee of £10 to ation Practitioners’ Programm be charged an additional administr may requiring CPD points 5.15pm, lecture; 6.30pm, drinks cover costs. tion Delegates who advise RSVP: office@ier.org.uk Additional informa the time of the event. a are accepted up until in advance will receive days Name changes on more than 15 working ation. IER of their cancellati deduction for administr credit note with 10%
Costs
Full Price
(with upfront Early Bird Discountor online) payment by cheque £75 per delegate £90 per delegate £220 per delegate
Collective bargaining was also the theme of a piece of commissioned work from the North West TUC. They approached us to prepare a report assessing the impact of the decline in collective bargaining in the region. The report was produced by academics at Leeds University and was so successful it was rolled out to other TUC regions. IER Subscribers Trade Unions Lawyers Unwaged
£80 per delegate £100 per delegate £240 per delegate £25 per delegate
Please note: legal firms per conference.
that subscribe to the
Institute are entitled
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place
the office bookings. Please telephone be negotiated for block Reduced prices can on 0151 207 5265 for further informati ways to pay look for this conference. To get your Bookings: 3 easy nts and www.ier.org.uk/eve 1. Website: go to pay online using paypal. cheque with your booking form. earlybird discount send a discount bird House, early 4th Floor, Jack Jones 2. Post: to get your to IER, post to IER, Cheques are payable L3 8EG 1 Islington, Liverpool booking. r.org.uk to make your 3. Email: office@ie il) are a five How to get there(British Rail) and Central Station (Merseyra to City Centre. Train: Lime St Station 500 from Liverpool John Lennon Airport Bus: minute walk away.
Booking form
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At the end of the production year we also had two further publications waiting to be produced. They followed the popular Myth Busting formulas with one looking at Business Myths by David Whyte and one at access to justice myths by Andrew Moretta. However, production was delayed and will now be published early in the 2015/16 year.
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many of our events for the year. Our main project remained focused on promoting our ideas around the need for sectoral collective bargaining. Our planned tour with a theatre company on the theme of collective bargaining did not materialise. However, we did win funding for a short YouTube clip starring Keith Ewing and John Hendy which has been a popular addition to our website and has been viewed at a number of events around the country. We also fed those themes into a series of regional events organised in association with CLASS and the Campaign for Trade Union Freedom. Events took place in London, Liverpool, Cardiff, Leeds and Glasgow.
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Our final publication was our popular Labour Law Highlights 2014 – a brief summary of the main developments in statutory and judicial decisions, produced by our team of barristers at old Square Chambers – Rebecca Tuck, Stuart Brittenden, Betsan Cridle and Claire BowsherMurray.
place
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Zoe Adams and Simon Deakin drafted a booklet on the topical issue of Re-regulating Zero Hours Contracts. The timely nature of the report and Contracts the informed way in which it linked changes to the benefit system with the growth in zero hour contracts meant it attracted much attention.
to one subscriber-rate
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Richard Arthur produced an update on his earlier IER publication with a new report, TUPE 2014. The book was launched at events in 2014 London and Liverpool at which Richard was the main speaker.
Institute are entitled
the office bookings. Please telephone be negotiated for block Reduced prices can on 0151 207 5265 for further informati ways to pay look for this conference. To get your Bookings: 3 easy nts and www.ier.org.uk/eve 1. Website: go to paypal. pay online using your booking form. earlybird discount send a cheque with House, early bird discount 4th Floor, Jack Jones 2. Post: to get your to IER, post to IER, Cheques are payable L3 8EG 1 Islington, Liverpool booking. r.org.uk to make your 3. Email: office@ie Euston/Kings How to get thereor Kings Cross and Euston rail stations. From ton Row. station, Southamp tube at alight Holborn h and to North Greenwic Cross, bus no. 188 s conference at Booking form update: the new regulation laces at the TUPE p and reserve__ unions, Please attend of trade Who should working in support and labour law................................................... £__each , employment lawyers in industrial relations ........................................................ Trade unionists ........................................................ with an interest ............................................ students ........................................................ Name ........................................................ academics and ........................................................ by the Solicitors ........................................................ itation Address 3 CPD hours accredited CPD accred CPD conferences attract Delegates requiring All IER seminars and Standards Board. cover our costs. Email and the Bar ation fee of £10 to Regulation Authority an additional administr ........................................................ ........................................................ hours may be charged ............................ ...................................................... ........................................................ ............................ tiontion who advise £ ............................ Delegates informa Liverpool event. a cheque of thefor enclose AdditionalOrganisa 1 Islington, the time a House, up until invoice me/I Jones receive will Pleaseaccepted Floor advance in Jack r.org.uk IER, 4thdays Name changes are complete form15toworking or email office@ie than Return on mored207 fax: 0151 207 5264, IER of their cancellati tel: 0151 for5265, administration. L3 8EG,deduction credit note with 10%
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Costs
Full Price
(with upfront Early Bird Discount online) or payment by cheque £75 per delegate
Our World of Work project is now up and running. Andrew Moretta started his PhD of the same theme in September and we have had a number of meetings with him and his academic supervisors at Liverpool University. Andrew has now submitted a draft of our proposed booklet – a myth buster on access to justice. IER Subscribers Trade Unions Commercial Unwaged
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bookings. Please be negotiated for block Reduced prices can on 0151 207 5265. for further informati
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PUBLICATIONS Last year we produced 5 of our promised 6 publications, two of which we published in association with the Centre for Labour and Social Studies (CLASS). The first was on Trade Unions and Economic Inequality by Lydia Hayes and Tonia Novitz. The second was an Election 2015 special, focusing on what’s at stake in the election for work, pay and trade unions. Both publications were very well received and set down a precedent for shorter, more graphic style contributions to our library of work.
that subscribe to the
(with upfront Early Bird Discountor online) payment by cheque £75 per delegate £90 per delegate £220 per delegate £25 per delegate
ways to pay look for this conference. To get your Bookings: 3 easy nts and www.ier.org.uk/eve 1. Website: go to pay online using paypal. cheque with your booking form. earlybird discount send a House, early bird discount 4th Floor, Jack Jones 2. Post: to get your to IER, post to IER, Cheques are payable L3 8EG 1 Islington, Liverpool booking. r.org.uk to make your 3. Email: office@ie
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In terms of responses to government papers, last year we made a submission to the BIS Inquiry into TTIP, focusing on its impact on Labour Rights (Keith Ewing and John Hendy). We also responded to the Law Society’s consultation on the future of employment tribunals (Nicole Busby, Michael Ford, Morag McDermont and David Renton). Following our submission last year, we sent a response to Richard Baker MSP’s Consultation Paper on Culpable Homicide (Scotland) Bill (Steve Tombs and David Whyte). CONFERENCES AND EVENTS In 2014-2015 the Institute held a total of 8 events, 5 in London and 3 in Liverpool – 9 fewer than in the previous conference cycle. This was a conscious decision following falling numbers at events due to cuts in facility time. We agreed to focus on our successful conferences and limit
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The Enterprise an d Regulatory Reform Act: nce rence A one day confe e 2014 im pa cts June and effects Thursday 26th 9.30am to 3.30pm Union,
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te the Diskus Centre, Unite ad,, 128 Theobolds Road N London WC1X 8TN
Full Price
Early Bird Discount payment by cheque (with upfront or online) £75 per delegate £90 per delegate £220 per delegate
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Employment Law Update 2014 ......................
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ways to pay 1. Website: go to www.ier.org.uk/eve nts and earlybird discount pay online using paypal. look for this conference. To get your 2. Post: to get your early bird discount send a cheque with Cheques are payable your booking form. to IER, post to IER, 4th Floor, Jack Jones 1 Islington, Liverpool House, L3 8EG 3. Email: office@ie r.org.uk to make your booking.
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Costs
Full Price Early Bird Discount payment by cheque (with upfront IER Subscribers or online) £80 per delegate £75 per delegate Trade Unions £100 per delegate £90 per delegate Commercial £240 per delegate £220 per delegate Reduced prices can be negotiated for block for further informati bookings. Please telephone on 0151 207 5265 the office
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e ce A one day conferen mber 2014 Name changes are accepted up until the time of IER of their cancellati ay 3rd Dece event. Delegates nesd on more than 15 working theWed who advise credit note with 10% m deduction for administr days in advance will receive a ation. 9.30am to 3.30p l, Liverpool Costs Full Price Early Bird Discount at The Adelphi Hote £40 £50 £100
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A half-day conferenc Wednesday 25th e 2.00 pm - 5.00 pmMarch 2015 at The Adelphi Hote Ranelagh Street, l, L3 5UL, Liverpool
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According to our in-house records, total receipts from the 8 IER events held was £20,376, down from £34,174. However, given the steep decline in the number of events held, we can say that the average income for each event increased by £500. Looking to the future, we need to assess whether the reduction in expenditure mitigates the reduction in receipts, to assess whether reducing the number of events is sustainable. If not, how best we fill that income gap.
A one day conference June 2014 Wednesday 11th 9.30am to 3.30pm pool ool Adelphi Hotel, Liver
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Employment Law Update 2014
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Trade unionists, employm academics and students ent lawyers working in support of trade unions, and with an interest in industrial relations and labour law.
CPD accreditation
All IER seminars and conferences attract Regulation Authority 3 CPD hours accredited and the Bar Standard by the Solicitors hours may be charged s Board. Delegates requiring CPD an additional administr ation fee of £10 to Additional informa cover our costs. tion Name changes are accepted up until the time of IER of their cancellati on more than 15 working the event. Delegates who advise credit note with 10% deduction for administr days in advance will receive a ation.
Organised by The Institute of Employm in association with ent Rights Labour and Socia the Centre for (CLASS) and suppl Studies Thompsons Solic orted by itors
CTUF rallies, Cardiff & Liverpool Free Entry Evening Rally – pm – 8.00 pm Monday, 13th April
Speakers: CTUF Tony Burke, Chair, Cathy Cross, PCS Campaigns Officer, John Haylett, Star Political Editor, Morning
6.00
9SD al Road, Cardiff CF11
ce, 1 Cathedr Unite Regional Offi
DEALS RITY, FREE TRADE DEFEATING AUSTE E UNION RIGHTS AND ATTACKS ON TRADelection two things are clear
the general As we hurtle towards so must this Coalition government. and austerity lite. – austerity must go them? We don’t want . And we But what will replace of the current coalition Nor do we want a shadowtrade deals that bind us to policies free secretive want are traditionally don’t by voters. Trade unions democratically rejected demands – which is why they are at the forefront of these attack. under ly repeated that work for the who inspire and policiesunions and their We want politicians end to attacks on trade people. We want an and show your support. members. Join the rally . Another world is possible
John Hendy QC Chair, IER Brendan Kelly, RMT Regional Organiser, Adrian Weir CTUF Assistant Secretary, Anita Wright, AW Women against Austerity/N Chair: Carolyn Jones Director, IER Supported by: THE
INSTITUTE OF
EMPLOYMENT RIGHTS
class Centre for Labour and Social Studies
Employment Law Update was once again our best attended conference, with 87 delegates attending the Liverpool event. We also organised a high profile panel of speakers to address the question of what trade unions want after the election. That event attracted 68 delegates in London but the ideas reached a far wider audience thanks to the accompanying four page special pull-out in the Morning Star. Next year the Institute aims to hold at least 8 events, 5 in London and 3 in Liverpool. Depending on the result of the election and the programme of the incoming government, additional events can be added to our schedule as required. EVENTS FOR 2015-16
London eedom.co.uk
Web: www.tradeunionfr
om
Twitter: @unionfreed
• Equality and Discrimination: post-election priorities • Employment law update • EU Developments: has social Europe disintegrated?
Liverpool • Human Rights: possibilities and problems for labour law • Employment law update • EU Developments: has social Europe disintegrated? IT AND COMMUNICATIONS The IER website has seen a stable increase in traffic over the last year, up from 45,293 in 2013/2014 to 46,293 last year, an increase of 2%. Over the last quarter of 2014 the website saw more traffic than for any other quarter of the last two years.
Organised by The Institute of Employment Righ ts
Ao one day conference W dnesday 19th We Wed 9.30 m to 3.30pmNovember 2014 9.30a at Disk s Room, Unite Disku the Union, 128 Theo T bolds Road London WC1X 8TN , #iere r quality re t
How to get there
2368796 VAT Registration
Registered Charity
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Holborn tube station, or Kings Cross and Cross, bus no. 188 Euston rail stations. to North Greenwic h and alight at SouthampFrom Euston/Kings ton Row.
A total of 431 delegates attended IER events this year which is a decrease of 205 delegates when compared to the total number of delegates attending all our 13-14 events. However, numbers at our most popular events saw an increase of 173 delegates. This is a rise of 39% in Liverpool and 41% in London, averaging a 40% total increase for our popular events.
Equality and Discrimination: what next for equal rights?
London
Limited No.1059629 Company
Reduced prices can be negotiated for block for further informati bookings. Please telephone on 0151 207 5265. the office
Bookings: 3 easy
A one day conferenc Tuesday 15th July e 9.30am to 3.30pm 2014 UNISON, 130 Eust London NW1 2AY on Road,
by Guarantee No.
No.1059629 Company Limited
tube or mainline stations.
Please reserve__ p laces at the London ERRA conference l Name ............................ at £__each ........................................................ ........................................................ Address ............................ ........................................................ ........................................................
2368796 VAT Registration
Organised by The Institute of ts Employment Righ
#iert
Registered Charity
Booking form
Londupeon
Limited No.1059629 Company
How to get there
Euston or Kings Cross
■
#iererra
Bookings: 3 easy
ways to pay 1. Website: go to www.ier.org.uk/eve nts and earlybird discount pay online using paypal. look for this conference. To get your 2. Post: to get your early bird discount send a cheque with Cheques are payable your booking form. to IER, post to IER, 4th Floor, Jack Jones 1 Islington, Liverpool House, L3 8EG 3. Email: office@ie r.org.uk to make your booking.
London
No. 523 2046 88
Costs
the amount of time and resources spent on our less successful events.
• Workplace Issues: taking up the issues with the new government • Human Rights: possibilities and problems for labour law
Our blogs are the most visited pages on the website, with most blogs receiving around 500-800 visits each this year. The most popular blog was visited 9,000 times. The numbers contributing to our blog space have also grown, up from 35 to 40. A new video on collective bargaining featuring John Hendy and Keith Ewing has been viewed 500 times since it was published in February, and a new resource on Access to Justice has been viewed 316 times since it was published late March. The number of users of the website has increased by 7.5%. This may reflect an increased Twitter presence - traffic coming to the website from twitter has increased by 120% this year. The IER’s twitter account now has 787 followers, compared to 516 this time last year. Many tweets get retweeted, with the record for retweets being 363 times, significantly expanding the audience of our website pages. Given the growing significance of social media as a means of accessing news, it seems appropriate that improving our twitter presence and acquiring more followers be a point of focus going into the next year. Our plans to run 4 specialist “webinars” a year have not yet materialised but we hope to revisit those plans once our Development Officer is in place. Plus, we aim to improve how we present our weekly News Brief. CONCLUSION As we enter this first year of what could be a 5 year Conservative government we know times ahead will be hard. Trade unions and their members will remain at the forefront of protecting living standards. As such they will face attacks from politicians keen to suppress opposition and stifle collective action. It’s already started.
At IER we are determined to continue our role as promoter of trade union freedoms and defender of employment rights. Carolyn Jones, Director cad@ier.org.uk
IER Officers & EC OFFICERS President: Professor Keith Ewing Chairperson: John Hendy QC Treasurer: Geoffrey D Shears Director: Carolyn Jones VICE PRESIDENTS Tess Gill Old Square Chambers Paul Kenny GMB Professor Aileen McColgan Dr Sonia McKay Len McLuskey UNITE Dave Prentis UNISON
EXECUTIVE COMMITTEE Richard Arthur Thompsons Howard Beckett, UNITE Christine Blower NUT Alan Bogg Steve Cottingham O H Parsons Nicola Countouris Ruth Dukes Steve Gibbons Professor Phil James Tony Kearns CWU Paul Mackney Karon Monaghan QC Matrix Chambers Robert Monks URTU Tonia Novitz Rod Robertson UNISON Mark Serwotka PCS Bob Simpson Barry Smith GMB Liz Snape UNISON Michelle Stanistreet NUJ Paul Statham Pattinson & Brewer Ed Sweeney ACAS Barbara Switzer Sarah Veale TUC Dr David Whyte University of Liverpool Dr Frank Wilkinson Matt Wrack FBU
Year to 31st March 2015
Budget 2014/15
Actual 2014/15
Actual 2013/14
Sales of Publications
14,000
8,579
19,024
Donations
42,000
49,253
41,601
Subscriptions
27,000
23,892
25,443
Sponsorship
3,500
2,050
3,049
34,000
33,756
34,174
Royalties
1,000
420
1,127
Commissioned Work
5,000
3,575
6,000
Project Development
10,000
250
2,975
20
37
13
£s
INCOME
Seminar Receipts
Bank Interest Advertising TOTAL INCOME
Printing: Promotional (inc C&S Packs) Printing: Publications Design Work Salaries
1,728
138,020
121,812
135,132
9,000
7,549
9,373
12,000
5,482
13,699
250
250
88,258
68,087
89,338
Rent
4,000
4,749
3,266
Sundries
1,750
998
1,621
750
423
1,070
1,000
1,092
990
C&S Room Hire (Inc Refreshments)
5,500
5,142
7,136
Professional Fees
1,500
2,246
0
Insurance Mike Macdondald PROSPECT/BACM Leslie Manasseh PROSPECT Lesley Mercer CSP Professor Jonathan Michie Gerry Morrissey BECTU Steve Murphy UCATT Doug Nicholls GFTU Ged Nichols Accord Joe O’Hara Peter Pendle ACM Dave Penman FDA Tim Poil NGSU Roy Rickhuss Community Mickey Rubenstein Paul Scholey Morrish Solicitors LLP Mike Seifert Grahame Smith STUC Gordon Taylor PFA Baroness Muriel Turner Mick Whelan ASLEF Dave Whyte Liverpool University
1,500
EXPENDITURE
Advertising
IER Members Stephen Cavalier Thompsons Mike Clancy PROSPECT Phil Clarke Chantrey Vellacott Manuel Cortes TSSA Professor Paul Davies Professor Simon Deakin Professor Linda Dickens Mark Dickinson NAUTILUS International Ronnie Draper BFAWU Richard Evans SOR Kate Fallon AEP Michael Ford Old Square Chambers John Foster Steve Gillan POA John Hannett USDAW Billy Hayes CWU Harry Hockaday UNITY Sally Hunt UCU Chris Keates NASUWT Chris Kitchen NUM Ian Lawrence NAPO Professor Roy Lewis
IER Budget Report 2014-15
Conferences & Seminars
C&S Hotels
200
0
C&S Fares
200
128
Travel
1,800
2,094
1,926
Telephones
1,300
1,288
1,217
Office Stationery
1,350
996
1,395
Postage: Couriers
1,000
750
1,198
Postage: Mailing
4,500
4,552
4,175
Repairs & Maint
500
IT development
1,500
1,499
799
Bank Charges
1,300
1,153
1,295
500
0
0
138,158
108,100
139,136
–138
13,712
–4,004
21,401
14,554
Re-Location
TOTAL EXPENDITURE Surplus/Deficit Money in bank:
261
Bills to be paid
2,399
Invoices owed to us
2,965