I think those are the only addresses ones he has had (apart from Fae),
from various e-mails. They have used the budget up pretty quickly, but
there is a lot of research time required to understand us adequately.
Hopefully there will now be fewer hours involved as they have worked out
their basic approach. I could ask for an estimate to complete the
process, but since they can't realistically judge how much this will
involve, this risks us getting locked into a figure that is higher than
actually needed. The handover/duplication for Tom's holiday period
(soon to end) has obviously contributed to the costs, which is
unfortunate, but rather inevitable when something needs doing quickly at
this time of year.
John
On 18/07/2011 18:39, steve virgin wrote:
Seems odd they only mailed the ones below
For the sake of neatness here is what they said
This obviously needs review as we will go over budget here
-----Original Message-----
From: Jonathan Burchfield [mailto:JonathanBurchfield@stoneking.co.uk]
Sent: 18 July 2011 18:34
To: 'John Byrne'
Cc: steve virgin; Michael Peel; Chris Keating; Tom Murdoch; Reema Mathur
Subject: RE: Fundraising agreement / draft letter
Many thanks John, will do.
We shall be very interested to hear comments on the draft Charity Commission submission.
On the costs side, now that the Charity Commission has required a submission in advance
of any meeting (which may even not now be necessary), I should let you know that we are
now above the top range of our initial £3,000-£5,000 initial estimate for stage 1 of this
exercise. This covers:
- 3.6 of non-chargeable research and reading-in time;
- 8.6 hours of my work, at my rate of £295 per hour; and
- 19.1 hours of time for the detailed work carried out by both Tom and Reema on the
submission, which will all be charged at Tom's rate of £185 per hour (rather than
Reema's £195 per hour), since Tom would have done all this work if he had not been on
holiday.
That works out at a total of £5,589.50 (plus VAT) chargeable to date. One would hope that
we are not far off completing the submission, which may turn out to represent the bulk of
our work, depending on the way in which our friends at the Charity Commission respond.
I hope you agree that the time has been well spent, but wanted you to be aware of this
position as soon as possible after completion of the initial work. This cost will be
invoiced towards the end of this month, plus the cost of any additional work carried out.
Kind regards
Jonathan
Jonathan Burchfield
Partner, Charity& Education Team
Direct: 44 (0) 20 7324 1736
Ext: 3008
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-----Original Message-----