Financial overview
Wednesday, October 7th, 2009 by Skelton, Christian
Some Liverymen have said that they would like to know a bit more about the Company’s financial situation. The Master has kindly agreed that I should circulate a note explaining briefly how our finances work, using the budget for Sep 2008 to Aug 2009 as an illustration.
The Coachmakers is not a wealthy Company. We have no hall, no land and, apart from some silver and other table sculptures, no significant material assets. Our financial assets are in two funds – the General Fund and the Charitable Fund. For all practical purposes, these are kept separate.