Ĝisdate 45, aprilo-junio 2009 - Esperanto Association of Britain

JARRAPORTO 2008 ANNUAL REPORT 2008estate of Ruth Sylvia Fitton.• Reserves. The Association hasgood financial reserves. Thisenables the trustees to planactivities which once startedmust be continued for severalyears to bring results. Two yearsago the trustees designated fundsto the main areas of activity in afive-year forecast. Designatedfunds can be redirected to otherprojects at the discretion of thetrustees.‘Free reserves’, or uncommittedfunds, are required to meetany emergency or shortfall inincome. £150,000 is consideredsufficient cover for 18 to 24months.• Scout Esperanto League ofBritain entrusted money to EABin 2002. If the Scout League inBritain has not been restartedwithin seven years the moneymay be used for other youthactivity.Investment policyThe Constitution states that thetrustees have power to makeinvestments as they see fit. Theirduty is to seek both adequateincome and capital growth. Atthe AGM in 2008, the membershipshowed an overriding wishfor the Association to hold assetsin socially responsible funds.Capital is invested in depositaccounts and unit trusts specificallydesigned for the charitysector, which are for the greaterpart socially responsible. Thesplit between asset classes isapproximately:Cash 33%Fixed Interest (bonds) 19%Equity (shares) 32%Property units 16%Total value of cash and investmentsat 31 October 2008:£1.3m.Investment managersCCLA/COIF Charity InvestmentFunds, London; Black Rock,London; Charities PropertyFund, London; Charities AidFoundation, West Malling, Kent.Approved by the trusteesand signed on their behalf on7 February 2009 by:Prof. J.C. Wells, PresidentE. Grimley Evans, Vice PresidentIndependent Examiner’sstatement (extract)In accordance with my examination,no matter has come to myattention:(1) which gives me reasonablecause to believe that in anymaterial respect the requirementsELEKTOELECTIONCandidates for 2009–10There follow the mandatory statements by the candidates for election to theManagement Committee (ManCom) to take place by post and at theAnnual General Meeting at the British Esperanto Congress in Salisbury.• To keep accounting recordsin accordance with section 41 ofthe Act; and• To prepare accounts whichaccord with the accountingrecords and to comply with theaccounting requirements of theAct have not been met; or(2) to which, in my opinion,attention should be drawn inorder to enable a proper understandingof the accounts to bereached.N. St.J. BrooksKingston Smith LLPChartered Accountants.February 2009David Bisset:I am Chair of the Butler LibraryCommittee; and formerly wasChair of Publicity and Webmaster.I am a UEA fak-delegito;Hon. Secretary of SEA; and editorof Scottish Esperanto Bulletin. Ihave participated in the organisationof many Esperanto events,including congresses, and EsperantoHouse inauguration.I was much involved in themove from London to WedgwoodCollege; and hope theCollege will emerge positivelyfrom its present difficulties; andthat our relationship will bestrengthened. I am fully committedto the continued progress ofthe Butler Library, which is aresource of international significance.I regard myself as belonging toa community and also to acampaigning movement; andbelieve that EAB’s progressdepends upon analysis, planning,imagination, and rigorous evaluationof initiatives. There is spacefor Esperanto within internationalistand radical structures.Esperanto is intrinsically linkedwith justice and Human Rights.EAB urgently needs moremembers, but must also relate tothose outside traditional organisationalgroupings. I believe thatEsperanto is a unique linguisticand cultural phenomenon whichhas much to offer to individualsand the world.The world is rapidly changing;we must react creatively, whileremaining true to our core values.Jean Bisset:Having been involved withEsperanto now for more thanforty years, I have obviously meta great many Esperantists fromBritain and abroad. I feel it hasbeen an enriching experience,whether it has involved listeningto an erudite lecture delivered influent Esperanto, or welcoming ayoung foreign learner who hasEAB-Ìisdate • 7