<div dir="ltr"><div>Hey guys, <br><br>For future reference... can you remove this email from the mailing list and add <a href="mailto:bvwcoordinator@bicyclevaletwinnipeg.ca">bvwcoordinator@bicyclevaletwinnipeg.ca</a>. <br>
<br></div>This is my personal email... but I check is rarely as it's mostly junkmail that comes to it. <br><br>Thanks. <br><br>Amanda<br></div><div class="gmail_extra"><br><br><div class="gmail_quote">On Mon, Mar 10, 2014 at 11:26 AM, Jeremy Hull <span dir="ltr"><<a href="mailto:hull.jeremy@gmail.com" target="_blank">hull.jeremy@gmail.com</a>></span> wrote:<br>
<blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div dir="ltr"><div><div><div>I have a couple of questions/.comments about the BVW financail statement. I am assuming that the list of capital assets represents the depreciated value of those assets. I'm not sure that the signs still have much value because the sponsors on them are no longer valid and they need to be replaced this year. So I'm not sure signage should be considered as a capital asset because their value may typically be gone after a year, unless we have the same sponsors each year. In any case they should probably be written off this year from what I understand, unless Amanda feels she can still use them somehow, maybe by putting new stickers on the signs to cover the old sponsors' logos.<br>
<br></div>How did you arrive at the "working funds" amount? Is this, in effect, the cumulative surplus or retained income from the past several years?<br><br></div>I think there may be a small amount of revenue missing, the amount that is due for the recent BV contract for a Moveable Feast during the winter cycling conference. (I this amount is $250.) I don't know what expenses might also be associated with that contract.<span class="HOEnZb"><font color="#888888"><br>
<br></font></span></div><span class="HOEnZb"><font color="#888888">Jeremy<br><br></font></span></div><div class="HOEnZb"><div class="h5"><div class="gmail_extra"><br><br><div class="gmail_quote">On Mon, Mar 10, 2014 at 9:30 AM, Bill Newman <span dir="ltr"><<a href="mailto:bill.newman@plumdee.ca" target="_blank">bill.newman@plumdee.ca</a>></span> wrote:<br>
<blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
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I have produced draft (pretty close to final) Year-End reports for
Bike Valet as of 2014-03-31. This includes depreciation and other
expenses to the end of the month.<br>
I have also eliminated the "BV Start-up advance" asset by
posting a "Founders honorarium" (nominally for David) for later this
month. I charged it to Bike Winnipeg (under Contractors) based on
the idea that it is from Bike Winnipeg for his help in setting up
Bike Valet. Thus it does not appear as an expense for BV. This may
or may not strike everyone as reasonable.<br>
The total depreciation for 2014-03-31 is $1737.09. If there are
no further capital costs in the next year the expected depreciation
will be $1389.68.
Any budgeted capital expenses should include a depreciation
allowance of 20% for the year in which they are incurred.<br>
<br>
Income/Expense reports are attached. They are also on the
website along with all previous years for BV. You'll find them on
the "About > Financial Reports" page (quite a ways down) or use <a href="http://bikewinnipeg.ca/about-us/financial-reports/#YE-all-BV" target="_blank">this
link</a>. (Yes, this is kind of an obscure place to put them). <br><span><font color="#888888">
<br>
--Bill<br>
<br>
</font></span></div>
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</div></div></blockquote></div><br><br clear="all"><br>-- <br><span style="color:rgb(153,153,153)">Amanda San Filippo, BBA, MES</span><br style="color:rgb(153,153,153)"><a style="color:rgb(153,153,153)" href="mailto:adsanfilippo@gmail.com" target="_blank">adsanfilippo@gmail.com</a><br style="color:rgb(153,153,153)">
<br style="color:rgb(153,153,153)"><span style="color:rgb(153,153,153)">"Great things are done by a series of small things brought together"</span><br><br><br>
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