Well Done On 20 January 2011 23:42, Andrew Turvey <[email protected]>wrote:
> Dear All, > > I promised everyone I would keep you informed on this list about > progress with our accounts. As you may have heard, we filed our > accounts last week and I can confirm that Companies House are showing > these accounts on > their website and the proceedings for striking off the company has > been discontinued. This now removes any risk to the chapter's funds. > > We were able to file the accounts last week as a result of a > discussion I had with Companies House which allowed us to shorten the > procedure. In brief, although we are not yet recognised as a > charity, we have up to now always acted as if we were. This means we > have complied with various additional requirements to the requirements > for other "not for profit" companies. In relation to our accounts, > these requirements include having them independently reviewed and not > being eligible for the reduced disclosures allowed for small > non-charitable companies - so-called "Abbreviated Accounts". > > In my discussion with Companies House, they advised that there is no > reason why we, given our current status, cannot submit unreviewed > Abbreviated Accounts to them in fulfilment of our statutory > obligations. This is notwithstanding the requirement set out in our > constitution to prepare full charity accounts for our members. > > I therefore completed the abbreviated accounts from our accounting > records, had them approved by our board, and submitted them. We have > uploaded these accounts to our wiki at > http://uk.wikimedia.org/wiki/File:WMUK_Jan2010_Abbreviated_Accs_FINAL.pdf > > Our accountants have not yet completed preparing and reviewing the > full accounts, which we will still continue with in order to comply > with our constitution, and will submit them to Companies House as > revised accounts when they are complete. I am meeting them tomorrow > morning and hope to have a better idea of progress after then. > > It's great to have this cloud lifted from us and to get the chapter > back on track so we can focus again on our objectives and events. My > personal thanks to everyone who helped resolve this immediate > situation. > > Regards, > > Andrew Turvey > Chair, Wikimedia UK > Wikimedia UK is the operating name of Wiki UK Limited. > Wiki UK Ltd is a Company Limited by Guarantee registered in England > and Wales, Registered No. 6741827. > The Registered Office is at 23 Cartwright Way, Nottingham, NG9 1RL, > United Kingdom. > > On Tue, Jan 4, 2011 at 12:47 AM, Andrew Turvey > <[email protected]> wrote: > > Dear All, > > > > As I promised before, here is a further update on our progress with > > our accounts. As I mentioned in my emails below, we were originally > > given a date of 17th December for receiving draft accounts from our > > accountants, UHY Hacker Young, which would have enabled us to file > > accounts with Companies House by the end of December. > > > > I was in constant touch with our accountants from 13th December until > > they left on 23rd December. Although they started work on the accounts > > on time, when they started to look at the information we had provided > > they were unable to read the GNUCash file which contains the detailed > > records. We have made some progress with converting the file into CSV > > format or similar but this has taken far longer that expected. > > > > They have now completed their work on the numbers but the extra work > > they had to do meant they have not yet completed their work on > > accounting disclosures and the independent review. Their scheduling > > peak regarding tax returns due at the year end and holidays over > > Christmas means they have not been able to dedicate any more staff to > > the work until the first week of January. However, we now have two > > staff dedicated full time to working on these accounts from today, > > Tuesday 4th January, and they now expect that they will be able to > > complete the accounts by 14th. > > > > Although this is all extremely disappointing, we should keep in mind > > that we are still on track to file the accounts before the final date > > for striking off. This means that all money received from our donors > > will be spent on supporting the goals and activities of the chapter > > and will not be lost to the movement. > > > > We are fully aware of the reputational impact this has on Wikimedia UK > > with potential donors, members and the Wikimedia Foundation. As > > mentioned previously, we are putting in additional processes to ensure > > that nothing like this happens again. > > > > Thank you for bearing with us over this and please let me know if you > > have any queries on this situation. > > > > Regards, > > > > Andrew Turvey > > Chair, Wikimedia UK > > Wikimedia UK is the operating name of Wiki UK Limited. > > Wiki UK Ltd is a Company Limited by Guarantee registered in England > > and Wales, Registered No. 6741827. > > The Registered Office is at 23 Cartwright Way, Nottingham, NG9 1RL, > > United Kingdom. > > > > On Sun, Dec 5, 2010 at 11:21 PM, Andrew Turvey > > <[email protected]> wrote: > >> Dear All, > >> > >> I promised I'd keep everyone on this list information about progress > >> with our accounts. Our accountants have now given us a date of 17th > >> December for completion of the draft accounts, subject to us providing > >> them with adequate explanations and information. The board is > >> committed to meeting its side of the agreement, which means we will be > >> in a position to file the signed accounts by the end of the month. > >> > >> At the same time, we are putting in place changes to our processes to > >> ensure that these problems do not cause us to be late with the > >> accounts next year or beyond. > >> > >> Thank you for your continued understanding with this and our apologies > >> once more for any concern caused. > >> > >> Regards, > >> > >> Andrew Turvey > >> Chair, Wikimedia UK > >> > >> On Mon, Nov 29, 2010 at 10:19 PM, Andrew Turvey > >> <[email protected]> wrote: > >>> Dear All, > >>> > >>> Just to follow up from Mike's previous email. I spoke to our > >>> accountants, UHY Hacker Young, earlier today and they are working on > >>> our accounts at the moment. The client manager was out of the office > >>> today but he will give me a ring tomorrow with an ETA for the draft > >>> accounts. > >>> > >>> The proposal for strike off looks alarming, but Companies House has > >>> given us until 9th February before any further action is taken. Our > >>> accountants have assured us that they will be able to turn things > >>> around quickly enough to avoid this outcome. > >>> > >>> Unfortunately, Companies House in England has an automatic policy of > >>> filing for winding up when the first set of accounts are late and they > >>> are not willing to suspend their proceedings until the accounts are > >>> filed. > >>> > >>> We can reassure you that there is no significant risk to donors' money > >>> from this procedure, given that our accounts are close to completion. > >>> However, we fully understand that this looks alarming and creates a > >>> bad impression. I apologise for any concern this has caused to any of > >>> our donors, members or supporters. > >>> > >>> I'll make sure I keep this list informed so you can monitor our > >>> progress with this matter. > >>> > >>> Regards, > >>> > >>> Andrew Turvey > >>> Chair, Wikimedia UK > >>> > >>> On Mon, Nov 29, 2010 at 9:17 PM, Michael Peel <[email protected]> > wrote: > >>>> I'll leave it to Tango and Andrew to provide the full story, but in a > nutshell: due to the complexities of our accounts (and hence the time > demands they place on our Treasurer), we're rather late in having the first > set of them checked over by an accountant. They're currently with the > accountants, though, and we'll be able to file them soon. Being listed as > 'proposal to strike off' is an automatic thing as we haven't previously > filed accounts, but there's a long time (6 months) before there's a risk of > that actually happening, and this will definitely be sorted out in short > order. > >>>> > >>>> This is essentially a symptom of us having too much to do and not > enough time to do it, I'm afraid... > >>>> > >>>> Mike > >>>> > >>>> On 29 Nov 2010, at 21:04, geni wrote: > >>>> > >>>>> I saw this post at the village pump suggesting wikimediauk's accounts > >>>>> are seriously late and this presents issues: > >>>>> > >>>>> > http://en.wikipedia.org/wiki/Wikipedia:VP/M#Wiki_UK_Ltd_to_be_struck_off.3F > >>>>> > >>>>> The company in question is wikimedia UK (the Company No. 06741827 is > >>>>> consistent with that given in past emails) > >>>>> > >>>>> According to companies house the accounts were due 05/08/2010 and the > >>>>> company's status was listed as Active - Proposal to Strike off. > >>>>> > >>>>> Whats going on? > >>>>> > >>>>> > >>>>> -- > >>>>> geni > >>>>> > >>>>> _______________________________________________ > >>>>> Wikimedia UK mailing list > >>>>> [email protected] > >>>>> http://mail.wikimedia.org/mailman/listinfo/wikimediauk-l > >>>>> WMUK: http://uk.wikimedia.org > >>>> > >>>> > >>>> _______________________________________________ > >>>> Wikimedia UK mailing list > >>>> [email protected] > >>>> http://mail.wikimedia.org/mailman/listinfo/wikimediauk-l > >>>> WMUK: http://uk.wikimedia.org > >>>> > >>> > >> > > > > _______________________________________________ > Wikimedia UK mailing list > [email protected] > http://mail.wikimedia.org/mailman/listinfo/wikimediauk-l > WMUK: http://uk.wikimedia.org > -- Roger Bamkin (aka Victuallers)
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