FINANCIAL CONSIDERATION / STATUS
The main strategy and
objective of the organization is the growth of
membership through active participation and community cohesiveness,
promotion of Philippine Culture and Tradition and the development of
the Filipinos in all aspects of life in the UK. A large membership base
provides revenue in the form of contributions, donations and
volunteering in services and equipment.
Financial growth is solely through cash flow as it is a recognised fact
that this means growing slowly and maintaining membership but no
assessment of members or borrowing is required. Activities, projects
and programs are principally dependent on available funding and
accessing mainstream services and provider and the rest from
contributions and donations.
PERFORMANCE Funding Donations & Projects Other Income
(Grants/Aids) Contributions
FY 2004 £ 1,500.00 250.00 1,750.00 200.00
FY 2005 £ 4,536.00 350.00 4,886.00 908.00
FY 2006 £ 7,246.00 4,294.00 11,540.00 1,533.00
PERFORMANCE Funding Donations & Projects Other Income
(Grants/Aids) Contributions
FY 2004 £ 1,500.00 250.00 1,750.00 200.00
FY 2005 £ 4,536.00 350.00 4,886.00 908.00
FY 2006 £ 7,246.00 4,294.00 11,540.00 1,533.00
