Fwd: JCUK Bank
From: Chris Mowles <chris@redkitepartners.co.uk>
Date: 25-Aug-2006 10:50
Subject: RE: JCUK Bank
To: Sven Desai <sven.desai@googlemail.com>
Cc: stan@gudalur.com, John Fishwick < john@justchangeuk.org>, nikkivdg@yahoo.co.uk
Hi Sven,
I am copying John into this e-mail since he is the one who has a better idea of cost at the moment. He and I still need to have our sit down and work out our margins, and that will involve my getting my head much more round the finance first.
As for remitting back to India, we have discussed this at Directors' meetings on a couple of occasions and my memory of the discussion is as follows. Provided that we cover their costs, the adivasis have already given us permission to decide what to do with the money since they have encouraged us to do the necessary community development work at our end. We might still decide to remit money to them, but that is up to us. JCUK also needs to ensure that it covers its own costs and has money for development too, in the way that the London group does, and we have discussed, but have not resolved, what the financial relationship should be between different groups round the country and the JCUK. Some directors would push for some kind of a tithe, such as the way MIND works, which asks for an annual contribution from local MIND groups in order that they can go on using the brand. Other Directors are less keen on this idea since they feel that in return for an annual contribution, or cut of the takings, we would need to provide services which we are not a position to do at the moment. I know that John in particular is keen to have this discussion pushed further, since he feels it is at the moral heart of what we are doing that we clarify these financial relationships.
So, where we got to in the meantime, is that whatever choice you make you should be clear about what you're doing and why, not for our sakes alone, but for everyone who is involved in the movement. Actually we're not talking about a huge amount of money at the moment although the principal of openness still applies, to us as well as to you (I don't want to think that I am singling you out!). Make the decision that you feel fulfils the reasons why you are engaged in the project and make the assumptions behind your decision explicit to everyone else.
So I would say that: 1) I'm not sure how much you owe us without talking to John; 2) the Directors have discussed what you propose but have not resolved it; where we have got to in our discussions is closer to your c) than the other two options.
Hope this helps and I am copying my reply to all including John and Nikki to see that I have remembered our discussions correctly.
Best
Mole
Chris Mowles
From: Sven Desai [mailto: sven.desai@googlemail.com]
Sent: 25 August 2006 08:40
Chris,
Hello again.
We now have our jam jar banked. The question arises, how much money do we owe you ?
We have taken 128.25 kg of tea.
So far I have been calculating from the costs sent out by Mari, which come up to £4.12 per kg.
This would add up to £528.39
Is this right ?
On a related note. Discussions have been going round in circles regarding what we do with any surplus.
Some time ago we said we pay surpluses across quarterly, but two questions arise, who decides and how much ?
The spectrum of views is this
a. The advivasi should decide how much they would like and how much we should keep for reinvestment
b. We should send over everything
c. We should decide how much we need for reinvestment and send the rest over.
I generally favour the last as I have read far to many case studies of charity businesses failing because lack of investment capital. However, there is the issue that we become the expensive middle man again.
This we could avoid if we got some grant capital. Anyway, I am copying in Stan and I would very much like to hear your and Stan's views on the subject.
(If the £528 figure is accurate then we currently have a surplus of about £50 with about £270 oweing from various sources)
Essentially we are going to need to spend money on printing promotional material.
Errr..that's it
Yours
Sven
On 21/08/06, Sven Desai <mailto:sven.desai@googlemail.com> wrote:
Ta muchly Chris,
Will send you an email as soon as we have our books (relatively) in order.
Yours
Sven
On 21/08/06, Chris Mowles <mailto:chris@redkitepartners.co.uk> wrote:
Hi Sven,
Good to hear that you have your own bank account – I know it takes a long time.
As for JC UK account it's:
Sort: 08 92 99
a/c 69214028
If you make a payment into the main account could you drop me a line explaining what it's for?
As for your supply chain, I am not clear how you are receiving tea at the moment. John Fishwick and I need a long chat about this kind of detail since, although I write the cheques and bank the money, I don't really have a clear overview of the process. That's for me and him to sort out and while we do that I'll see what I can do about your supply chain.
Best
Mole
Chris Mowles
From: Sven Desai [mailto: sven.desai@googlemail.com]
Sent: 21 August 2006 08:25
To: chris@redkitepartners.co.uk
Subject: JCUK Bank
Dear Chris,
Many moons ago I contacted you regarding JCUK's bank details. I think you were somewhere exotic at the time.
We now have our bank account set up:-
Account name: Just Change London
Sort code: 08 92 99
Account number: 65214239
And from later today should have all our cash banked.
We owe the main body several hundred pounds (£476 at cost price I think), could you furnish me with the JCUK bank details so we can get this paid ?
Thank you.
Also we are having problems getting the tea delivered with any predictability. If there is anything you could do about this it would be a great help as currently our supply chain is not secure enough to take on large customers.
Yours
Sven
posted by Informed Dissent at 3:10 AM
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