Presentation on theme: "MM-KL TMC Receipts & Payments Accounts 1/4/13 Bal b/f + 7,201 Less: Net outgoings - 2,065 ** ______________________________ 31/12/13 FN a/c +4,500 31/12/13."— Presentation transcript:
MM-KL TMC Receipts & Payments Accounts 1/4/13 Bal b/f + 7,201 Less: Net outgoings - 2,065 ** ______________________________ 31/12/13 FN a/c +4,500 31/12/13 Bk a/c bal +636
Proposal to write off RM4,500 is based on the following: i. Since inception, FN has been instrumental to the club success as PP, advisor, mentor n exco member ii. Conserving funds through resourceful use of venue available.
Write-off iii. In , we have pare down the surplus through: Annual & Semi-Ann Conv subsidy 2011 & 2012 (based on attendance) TM workshops 10th Ann Dinner & Celebration Projector Club assets (tables/cabinet/ educational materials)
Write- off iv. Services by FN outweighed the w/o. Magnanimously, this can be taken as a token of appreciation for services rendered since The Club has been PD status since 2003 and recognized as one of the premiere clubs in KV.
Write- off v. Following visit by Prez & VPE, the feedback from FN's next of kin revealed that FN's estate is not in surplus. But the club's exco is confident that we can build the funds to a healthy level in due course. Based on the above, recommend to W-O