Kia ora PiNZ Members,

First I would like to thank you all for your patience and understanding as the council works through these difficult times to manage some significant system overhauls and financial impacts that recent events have had on our volunteer-run charitable organisation. As you can see from the P&L and Balance Sheet PiNZ is running at a loss for the financial year ending 31 March 2020. Thank you all for your membership and donations, which are helping to keep things afloat.

The financial reports are below. There is a need to provide better formatting for web display and clean up some aspects of the data, which is a carryover using excel to a software-based system. There is also a need to get online payment functions to grab important transaction information and send it to the bank for ease in reconciliation, loads of hula hoops to jump through to make this happen, a focus for this year.

As with previous years' financial reporting, there is a combination of income and expenses from Hui spanning two years as some Hui fall on the cusp of the ending fiscal year. One update going forward is to bring in separate income codes for even and odd year Hui to assist in the financial overview. 

If you have any specific questions, please feel free to email me at pinztreasurer@gmail.com and I will do my best to clarify.

Clare Wimmer
Treasurer, PiNZ