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 Please consider the environment - is it necessary to print this email?
-----Original Message-----
I think you sent this to the wrong list. It's great to see that things are happening with the application though!
On 18 July 2011 19:12, John Byrne john@bodkinprints.co.uk wrote:
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 Please consider the environment - is it necessary to print this email?
-----Original Message-----
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