Welcome To the FFHS Finance Seminar London 4 Mar 2006.

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Presentation transcript:

Welcome To the FFHS Finance Seminar London 4 Mar 2006

Seminar Introduction Gordon Adshead Hon Finance Director FFHS

Overview Objectives Finance WG Scope Outlook - Challenges & Threats Programme for the day

Who’s Here 52 Attendees 35 Societies 33 Treasurers 15 Chairmen / Trustees 3 Invited Experts 1 Maggie

Objectives of Finance WG Identify Common Issues of Concern Attempt to Quantify Trends Share Solutions and Methods Set up Mechanisms to Help Member Societies

Finance WG Alan Dungate Ken Finch Cliff Kemball Brian Piercy David Williams Gordon Adshead

Today’s Objectives [Listen & Learn from Experts] Question all Assertions Better Understanding of Future Trends Feedback For the Benefit of all Societies

Scope of FHS Activity FHS Family Questor Records

Financial Scope Subscriptions Meetings Lectures Conferences Fairs Projects Authors Copyright Royalties Sales of Books & Data Magazines Journals Contracts Licences Committee Expenses Web Sites Internet Sales Postage & Mailing

Financial Scope Property Research Rooms Grants Leases Insurance Stocks Capital Equipment Banking Internet Banks Direct Debit Credit Cards Accounts Auditors S/W Packages Reserves Budgets

Growing Scope Branches Limited Company Charity Gift-Aid Annual Returns Trustees VAT Corporation Tax Subsidiary Trading Company Employees Contractors Honorariums National Insurance HR Legislation HE Legislation

Scope of FHS Activity FHS Family Questor Records Alternatives

Outlook - Assertion Demand is Growing More Money being spent by More Questors Family History Societies are seeing a reducing share of this

Opportunities Not all Doom & Gloom Volunteers v Professionals Good scope for us to share good ways of doing things

Threats & Challenges Increasing & Changing Legislation Apparently Conflicting Legislation The Internet Look-ups Commercial Competition

Programme New Charities Legislation VAT Insurance Members Survey Draft Treasurers’ Handbook Plenty of Interaction (Please give David your additional questions)

Displays & Posters GOONS Accounts Poster on FFHS VAT Complexities VAT on Mileage Claims Insurance Policy Documents Sayer Powell Insurance Bulletins Society Summaries Croner Guide for Small Businesses Fed Acounts, Think Tank, M&A FFHS Brochures & Leaflets etc

Background Notes Handouts from Seminar Talks Insurance Bulletins Draft Sections of Treasurers’ Handbook

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