JCS Accounts

[Forumadmin]

Whilst this might be a bit public to discuss on this forum I think for those not able to attend should have some input to the AGM.

Sales have more than halved this year which might be good in that Jowetts are not breaking down so often but , more likely, rebuilds are not starting and motors are not being used.

Expenses have halved which is good but brought back to last year by the necessity to move the stores and ending up with a deficit rather than a profit that was enjoyed last year.

More unpaid accounts also unbalance the balance sheet. So please make sure you have paid!

[Drummond Black]

In reply may I point out that the JCS Accounts that will be presented at the forthcoming AGM is for a 6 month period ONLY.
This is crearly stated at the top right hand. For administration purposes JCS have moved their year end to 31st January.
Also to bear in mind that JCS are now in new premises.

I am sure that a full update will be forthcoming at the AGM.

Drummond Black
Treasurer - Jowett Car Club

[Forumadmin]

That explains it. Thanks Drummond.