# HG changeset patch # User Henry Thompson # Date 1750602575 -3600 # Node ID 0246d936d2715cc66574bd5352835adfb6442526 # Parent 77265f41b642874b2c9d7f47bfd13683a3a31cdf from trustees diff -r 77265f41b642 -r 0246d936d271 MHMC/trustees_2025-06-17/minute_8.txt --- /dev/null Thu Jan 01 00:00:00 1970 +0000 +++ b/MHMC/trustees_2025-06-17/minute_8.txt Sun Jun 22 15:29:35 2025 +0100 @@ -0,0 +1,42 @@ +8 *Treasurer’s Matters* + +Following our last meeting we confirmed by correspondence that minute +7 of that meeting should be understood as giving approval for the +clerk and treasurer to present the annual report and accounts to Area +Meeting on 6th May. This was done, and Area Meeting authorised the +clerk to sign them. Area Meeting also noted our proposal that +consultation on the right use of the legacy from Sue Freshwater should +take place alongside a budget process for 2026 and beyond. + +We agree that our clerk and treasurer, consulting with MHMC, SESAM +clerks and David Sterratt (in relation to the 7VT affordability study) +should draw up a draft budget for the next three years which we can +consider in September for presentation to AM in November, bearing in +mind the following principles: + +• The budget should be presented for AM approval before year end, + thereby meeting our commitment to consult on the legacy + +• It will be short and understandable to those attending SESAM + +• It might group some headings to keep it simple + +• It shouild give AM chance to steer priorities, within a realistic + framework + +• It should distinguish if possible between routine spending and + investment in upgrading our buildings + +• It should cover 2026 plus two further years to make a three year + overall 3 SESAM Trustees April 2025 horizon, to take account of the + legacy (timing of some spend will depend on architects and builders, + in practice) + +• Investments should aim to enable the two meeting houses to cover + their costs by 2029, once Quaker use of the buildings (at prevailing + rates) is taken into account. + +• We should engage with Friends across SESAM on plans as they develop, + and with General Meeting for Scotland, given the need to balance + investment in buildings with other Quaker activities and that 7VT is + an asset for all Quakers in the area and across Scotland.