Grâce à la liberté dans les communications, des groupes d’hommes de même nature pourront se réunir et fonder des communautés. Les nations seront dépassées.
Friedrich Nietzsche (Fragments posthumes XIII-883)

15 - MAR 31 - MF Comptes


Comptes 31.03.2014-31.03.2015

La transparence n'est pas leur aspect le plus remarquable...
Voici le commentaire de Enid O'Dowd
 
The accounts were approved on 18 December 2015 and signed by director Michael Linnett (retired accountant) on behalf of the Board. The accounts were then passed to the auditors who filed them at Companies House on 23 December 2015; the accounts became available to the public on 8 January. As in previous years, the accounts were filed close to the legal deadline.
This time the company has availed of a legal exemption for small companies enabling it to provide considerably less information than before.
The accounts filed consist of 4 pages:
1 .A cover page with an error spelling ‘abbreviated accounts’ as ‘abbreivated accounts’
2. Auditors’ Report
3. Balance Sheet
4. Notes to the Balance Sheet
From these accounts I have no idea what the actual income and expenditure was in the year. I don’t even know what the audit fee was or how many board meetings were held. Due to the lack of information in these accounts I cannot update my spreadsheet of income and expenditure over the years since the company was incorporated in 2007.
At the end of the year there was £763,772 in the bank, just under £2,000 less than at 31 March 2014. Whether this indicates a lack of financial activity in the year I have no way of knowing.
What has money been spent on during this year?
According the official website there is:
‘The 24-hour ‘hotline’ for people to call with information is still functioning on 0845 838 4699 for people who would prefer to contact us directly’
And there is a team in place comprising ‘a campaign coordinator and translators/interpreters, the team has several individuals with invaluable marketing, advertising and I.T. skills who help with the general campaign to find Madeleine.’
On another page of the official website it states ‘An experienced Fund Administrator has been appointed to ensure the highest standards of transparency and accountability.’

What is the money being spent on?
The majority of the fund money has been and continues to be spent on investigative work to help find Madeleine. Additionally money continues to be spent on the wider 'Awareness Campaign' – reminding people that Madeleine is still missing and to remain vigilant. None of the directors have taken any money from the fund as remuneration. Anyone who wishes further information with regards to the financial details of Madeleine's Fund and its professional advisors, please refer to the accounts filed at Companies House. Crown Way Maindy Cardiff CF14 3UZ.’
Wouldn’t it be interesting to know how much money was spent in this year as claimed above?
What income came in during the year? I haven’t a clue!

The audited accounts have never been placed on the website. It would cost nothing to do this. The public is referred to Companies House!
Dr Kate McCann stated in her book Madeleine published in 2011 that:
‘from the outset everyone agreed that, despite the costs involved, it (the Fund) must be run to the highest standards of transparency.’
In my opinion the Fund never met ‘the highest standards of transparency.’
Has the Board now decided that the Fund should be as untransparent as it is legally possible to be? It would appear so.