London
Hackspace

Hackspace Foundation report — March 2009

Introduction

March is the first month where the Foundation was actually trading, and we managed to amass over £1,000 in donations. We've still got a long way to go though — we're aiming for £10,000 in cash to get things going, plus over £1,500 per month in subscriptions.

At present, the only space that the Foundation is collecting funds for is the London Hackspace. All funds currently on our books are therefore implicitly earmarked for this cause.

Stats

Registered Users31
Foundation Members18
Web Visitors1,016
Web Page Views3,444

Income Statement

Revenues
Donations£780.00
Subscriptions£250.00
Total Revenue£1,030.00
Expenses
Bank Service Charge£0.35
Total Expenses£0.35
Net Income£1,029.65

Balance Sheet

Assets
Current Assets
Current Account£1,020.19
Paypal Account£9.46
Total Assets£1,029.65
Liabilities
Total Liabilities£0.00
Equity
Retained Earnings£1,029.65
Total Equity£1,029.65
Total Liabilites and Equity£1,029.65