This document will be reviewed and voted upon
by the KA members during AM 2018
document established 2018/01/28
This document has this content:
- Financial Statement
- Auditors Review
a. 2017 Balance (fig 1 below).
The Balance report shows that our Paypal and SEB account books with values in SEK are balanced.
(click on image below to enlarge)
We had during 2017 more costs than incomes. The income statement shows therefore a negative of 11626 SEK.
We had extraordinary expenses of about 13777 SEK. These includes
- 765 USD for server management by our server security expert Felipe Carasso and
- 429 USD for Kidlink name US copyright renewal.
- 359 USD for Linode payment made by Pia as Kidlink VISA card did not work.
We registered Pias Linode payment by mistake as a extraordinary cost instead as a internet and server cost. So the real extraordinary costs were during 2017 1194 USD
The extraordinary cost of 1194 USD and the fact that we had less paying members and less donations, led to a net loss of 11.625.95 SEK during 2017 ( about 1364 USD.)
felipe Carasso our server security specialist helps us for free 1 hour ever month but we had to ask him for a longer work during 2017 securing our server. The Board is very thankful for donations and help to find more paying members to avoid a net loss also in 2018.
Total asset 20180101
started 2018 with a total asset of 24568.28 SEK (=2965,60 USD) in our Paypal and SEB accounts.
(click on image to enlarge)
We had 20 paying members in 2017 . Bonnie paid for 5 members in Nepal.
25 members attended therefore the Annual Meeting 2017.
Thi year we have 19 paying members. Bonnie paid for 5 members in Nepal.
24 members attend therefore the Annual Meeting 2018.