Financial Report 2020 2021

As of 18 July 2021, Pirate Party Accounts were as follows :

Business Essentials    205.59 Business Extra        1057.62 Online                9781.69

Total                11044.90

Less debt to Alex    -1071.54

Net Financial Posn. 9973.36

From context, our financial position at the start of the financial year was approximately $5,000. We received $5627.19 in donations. That includes one donation of $500, two of $100 and several of $50.

IT expenses were $1186.60, meaning a net improvement in our financial position of around $5,000.

One item was a an attempted fraud refund of $999.00, and there were various charges and interest payments adding to something within +/- $100 but I have not collated this in more detail.

I understand that Alex's promotional expenses were roughly covered in terms of associated donations, meaning that the expenses were approximately revenue-neutral and had the bonus of promotion of the party and increasing our membership.

Our funds are sufficient IMO, to run one pair of candidates in one state as a token political election gesture with limited promotion and flyer etc. printing.

Better electoral efforts would correspond to the party being registered and much more in the way of funds being available. Nevertheless, it is good to see the party in a relatively secure financial position. We have funds available to support some degree of promotion and other activity outside an election, but still need to be careful about where and how much we spend.

John August

Treasurer