“ Well everything seems to be going ok except for the tuckshop who don’t “like” us very much at this point
in time due to the cash register being part of their daily routine. I’m sure it will all sort itself out – just a
few teething problems.
We have a bank balance of $135,196.40 as of the 30
we put some of it in a Term Deposit but this was voted against. I would really like to put at least $60,000
into a term deposit for a last six months. I know we have earmarked some of the funds but still feel we are
going to benefit from doing this. The Fundraising Committee is starting to fundraise this month so these
funds will be accessible.
The Tuckshop has made a loss of $302.51 for the month of April. The reasoning is sales are down by
$1,450.00 and the cost of stock has gone up by $2,284.18 for the month but of course these figures vary
from month to month. However we have made a profit of $8,869.14 for the year so far.
The Uniform shop has made a loss of $2,195.86 for the month of April. The reason for this is purchases for
the shop were $4,976.86 which was for 130 T-Shirts, 50 Chair Bags, Navy Jumpers, Dresses and Hats. The
T-Shirts are now costing $23.21 to buy. We will need to increase the price to make a better profit to cover
the Eftpos facility cost. Everything else seems to be fine at the moment. We have made a profit of
$5,586.80 for the year so far.
I would like to have the accounts that were paid in April which were $15,047.89 be ratified.