Donation to cover cost of Namgyalgar's Audit 2019
Dear Namgyalgar members,
As a registered incorporated association with assets over $500, 000 we're obliged to have our accounts audited annually. Aside from this being a requirement, most members appreciate that an audit is done to show that our books are in order and we are keeping afloat financially.
To have our Operating Account, Building Fund and regional accounts professionally audited every year costs around $8,000 and this year with the drop in membership renewals and income it will not be so easy to meet this expense. More concisely, compared to this time last year, due to less renewals and a predominance of renewals at the Ordinary level, there has been a decrease of $10,435. in membership income.
Therefore the Gakyil would like to extend an invitation to all of you to make a donation to help cover cost of auditing of our 2018-19 Financial year transactions and statements. All donations, no matter how small, are most welcome!!
Our best wishes