|International Vegetarian Union (IVU)|
by David Pye
The Thailand conference accounts have already been published separately and showed a modest profit of £751. IVU has since paid this over as a donation to the Thai Vegetarian Union. The Thailand conference gave a highly significant boost to membership subscriptions increasing the income from £1575 in 97/8 to nearly £6000 in 98/9. This has since fallen in 99/00 to £3,100 hut clearly indicates the boosting affect an international conferene has on membership subscriptions. Donations also showed an increase in conference year.
Only the 95/6 accounts have been audited, the 96/7 and 97/8 accounts
are still with the auditors, during these years records are incomplete
and are still being pieced together. The 98/9 and 99/00 records are complete
and will be audited after the 96/98 accounts are finished. Auditing costs
have risen as the work load has increased and our (vegetarian) auditors,
Drake a nd Co. have advised us that they will need to
IVU has £36,549 invested in a Lloyds TSB offshore investment fund
although dividend income from this
IVU News production has increased to £2,120 for one issue in 1999. The magazine has become more sophisticated and "glossy" and is now reaching a larger membership than before.
The incredibly popular IVU website cost only £1,292 in 99/00. Income from advertising is starting to come in and is set to rise significantly over the next year.
The total value of our assets has risen from £53,328 in March 1996 to £69,189 at the end of March 2000. The financial future for IVU is generally good with membership set to increase again in the 2000 conference year. I feel confident that IVU can continue to promote vegetarianism in the new millennium with the assurance that we have a continuing sound financial basis to support our work.