Young Journalists Association Of The Gambia: YJAG 6th Anniversary and 3rd Congress: The Treasurer's Report

Flanked by YJAG outgoing Secretary General Lamin Janateh and GPU 1st Vice President Baboucarr Ceesay, YJAG Treasurer (outgoing) Sulayman Ceesay delivers financial report (Photo Credit: Modou S. Joof/TNBES)

YJAG Financial Report

From October 2011 to September 2013

When the current executive was elected in October 2011, it inherited a bank account which was at D2669.22

Proposed Fundraising

Our first planned activity was to hold a fundraising musical show to enable us kick-start implementing the 2012/13 Action Plan. However, the show which was to be held in collaboration with top DJs and musicians could not go ahead after we needed additional funds to meet the cost of our proposed fundraising show - leading to the cancellation of that event.

D2050 was withdrawn from the account to kick-start preparations for the event.

However, we incurred a lost initially after we paid a non-refundable fee of D1000. However, this money was replaced with money given to the executive by the City Limit Manager while on a tour of media houses, and as well contributions made by the Executive.

Money spent

Hall	D1000
Recording of advert	D300
Transport	D110
Total	D1, 410

Closure of the bank account with Eco Bank

On January 17, 2012, the Executive acting under a unanimous agreement by the general membership, decided to close the YJAG Account at Eco Bank. The total balance was D669.22 with a closing balance of D250 meaning we were left with D420.

Taiwan Embassy donation

Following a request for support, the Embassy of China on Taiwan donated D2500.

Proposals to UK & US Embassies

In the process of submitting project proposals to both the US Embassy and the British High Commission, we spent: Photocopies D 55, Transport D75 = Total D130

YJAG Board inauguration July 2012

Transport	D100
Water & Drinks	D700
Ice block	D20
Cake	D210
Printing & photocopy	D42
Nap Kin	D50
Credit	D50
Total	D1172

KM Red Cross UMOJA Camp

Sulayman Ceesay represented the association at the 2012 UMOJA Summer Camp organized by the Kanifing Branch of the Gambia Red Cross from 1-10 September. He was given D400 by YJAG to facilitate his participation.

YJAG 5^th Anniversary

In the buildup to the 5^th anniversary, D100 contributions by each of the executive members and dues from the general membership (amounted to D1300), and D1500 was withdrawn from the YJAG account.

Initially, a budget of D2835 was prepared to cover cost of breakfast, lunch and transport. However, inflated prices at the market forced us to spend beyond the initial budget estimate.

Other necessities (like printing & photocopying, napkins, paper plates, spoons, and extra transport cost) which were not included in the budget mean we have to settle for a final and total expenditure of D3860.

These figures include D1060 added to the budget by Modou S. Joof to ensure complete and adequate financing of the 5^th Anniversary.

We did write letters seeking for support, but nothing came our way before and after the anniversary celebration.

Breakfast	D475
Transport	D432
Launch	D1699
Refreshment	D835
Printings/photocopies	D189
Credit	D160
Cash-power	D50
Ice-block	D20
Total	D3860

For all printing and distribution of letters for fundraisings and invitations to YJAG events and attempts to publish the proposed newsletter, we spent D450.

Membership contribution

From November 2011 to September 2012, the membership monthly dues stand at D870. From September 2012 to September 13, 2013 membership dues stands at D730.

I would like to use this opportunity to implore on all members to be regularly paying their dues and try as much as possible to settle their arrears.

Total Income

YJAG’s total income from October 2011 to September 2012 is D4970 – this includes donation from the Taiwan Embassy, City Limit Radio MD, and membership dues and executive contributions.

From September 2012 to September 2013 the income was D3730 – this includes money derived from the funding raising with DJ Pisces and membership dues.

This gives a total of D8700 for the overall income of the association in two years.

Total Expenditure

Total expenditures of all our activities from October 2011 to August 2012 stands at

D3162 being money spent on fundraising, board inauguration, project proposals and printing and distribution of letters.

From September 2012 to September 2013 the executive spent D4260 – being money spent during the 5^th year anniversary and funding of Sulayman Ceesay’s participation at the UMOJA Camp.

This being the case, the total expenditure from 2011 to 2013 stands at D7422, while other expenditures by the executive are not accounted for because they, like previous executive members spent their own money to run YJAG errands.

Income

Institutions or individuals	Amount (D)
Tauwan Embassy	2500
City Limit Radio MD	500
Membership dues	1600
Executive Contributions + Jawneh	1100
Fundraising (Pisces)	3000
TOTAL	D8700

Expenditure

Events	Year	Amount
Fundraising	January 2012	1410
Board Inauguration	July 2012	1172
5^th Anniversary	September 2012	3860
UMOJA funding	September 2012	400
Printing and distribution of letters	overall	450
Project proposals	May 2012	130
TOTAL		D7422

Note: At the time of preparing this report monies calculated as income of up to 3980 was in the account – which we are spending on this 6^th anniversary and congress.

Prepared and presented by Sulayman Ceesay, YJAG Treasurer on the occasion of the 6^th YJAG anniversary and 3^rd congress held at the GPU Secretariat on 21^st September 2013.