Having just read the financial and management commitee report of the Fed, I have one or two observations which I would welcome your comments on:
Management Report
There are 2124 Fed Members. Less than 1/4 of all window cleaners.
Steve Lowe is being appointed to the Executive Committee. As a former moderator of this site, I'm sure that Steve will bring forward concerns that have previously been mentioned by members here and elsewhere. We wish Steve well in this appointment, and hope he will robustly stand up for members interests.
Though the report mentions that the new work at height directive will be dealt with in window talk and by means of newsletters, I have yet to see it discussed there in any detail. As the federation are claiming to responsible for preventing a total ladder ban, it will be interesting to see exactly what the Fed have managed to negotiate with regard to the new regulations.
Financial Report
The Federation had income of £171,205 for the year ended 2003. A decrease of 13.5% on last year.
The Federations Overheads increased by 9% on last year. There is no explanation given as to why this is. (Postage costs, for example, have almost doubled to £12,164)
Balance Sheet:
I notice there is a bank account balance of £209,799 which has changed little from last year [£229,944] Any company's financial director would ask if this is a wise use of funds. Interest from this was £3,094. Could this cash have been used to serve members interests? Is there a large project being planned that funds are being accumulated for?
Also there are substantial funds [£117,171]tied up in investments. If this were an investment club, this might be expected, but only £4,477 of income was generated from these. Again, is a large project in the pipeline? Why are these funds not being used for members interests?
what do other members think about these issues?
-Philip