Patrick Cryne Flag Financial Statement

Discussion in 'Bulletin Board ARCHIVE' started by Stahlrost, Nov 15, 2016.

  1. Sta

    Stahlrost Well-Known Member

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    As promised, this is a statement of the latest financial position regarding the fund raising for the Patrick Cryne flag.

    Both PayPal and Crowd Funding take a significant commission from the amounts. For PayPal it's 3.4% (which is why I can't believe how many people use it!) and for Crowd Funding it's 6%. I'm not totally sure how this commission is deducted, so the figures below are estimates until we get a full breakdown.

    Anyway, here goes: -

    Total value donated on Crowd Funding = £1051.00
    PayPal commission 3.4% taken off donations = £35.73
    Net Crowd Fund value = £1051.00 - £35.73 = £1015.27
    Crowd Funding commission 6% = £60.92
    Net funds to be returned to us = £1015.27 - £60.92 = £954.35
    Direct donations (Brush, Anon, Lepton Red, me) = £140.00
    Latest fund value = £954.35 + £140.00 = £1094.35

    Flag cost already paid = £1054.80
    Surplus as at 15th November 2016 = £1094.35 - £1054.80 = £39.55

    One more poster, Robledo, has pledged a donation but for some reason he can't get my PM. If anyone knows him could they "prod" him. If anyone else wants to make a donation please email me [email protected] for the bank account details.

    The final surplus will be donated to a charity of our choice. I suggest we leave that until the date of the Forest match, 25th November, to give more time for a few stragglers to donate.

    Thank you to everyone for a magnificent effort!
     
  2. Brush

    Brush Well-Known Member

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    I echo that.

    I hope to be able to close the crowdfunder today (waiting to hear from their support) and trigger collection of the funds.
     
  3. Brush

    Brush Well-Known Member

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    Update

    I've had a response from CrowdFunder and as a result I've posted an update. All contributors should get an email confirming project closure tomorrow (16th). Upon closure, all pledges will be collected and the full proceeds (after the deductions outlined above) will be paid by me directly to Stahlrost as soon as I get them.

    If anyone wants to buy me a pint, I'll be the smug looking old git in the jeans, black fake leather jacket and "Neil Redfearn" style BFC shirt on saturday.....
     
  4. nezbfc

    nezbfc Well-Known Member

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    Re: Update

    Cue 100 blokes getting out their jeans and old leather jackets :)
     
  5. Cun

    Cunning Stunt Well-Known Member

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    Great work. Well in.
     
  6. Brush

    Brush Well-Known Member

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    Re: Update

    But I bet they can't do "smug" like me....
     
  7. Sta

    Stahlrost Well-Known Member

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    Updated Figures 16 November 2016

    There have been a few last minute donations overnight, boosting the fund. The latest figures are: -

    Total value donated on Crowd Funding = £1091.00
    PayPal commission 3.4% taken off donations = £37.09
    Net Crowd Fund value = £1091.00 - £37.09 = £1053.91
    Crowd Funding commission 6% = £63.23
    Net funds to be returned to us = £1053.91 - £63.23 = £990.67
    Direct donations (Brush, Anon, Lepton Red, me) = £140.00
    Latest fund value = £990.67 + £140.00 = £1130.67

    Flag cost already paid = £1054.80
    Surplus as at 16th November 2016 = £1130.67 - £1054.80 = £75.87

    Further updates will be provided if anything changes, in the meantime please PM me if you want to contribute, as the Crowd Funding is about to be closed. Thanks lads and lasses.
     
  8. Brush

    Brush Well-Known Member

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    Crowdfunder closed - Roll of Honour

    The crowdfunder is now closed and I have received payments from the following people, many thanks for your generosity. If your name isn't here and you pledged, then according to crowdfunder there has been some sort of problem with getting the funds from your PayPal. In that case please login to your PayPal account and check what's happened.

    Proud of you all.

    Tony Tilling
    Rob Wilkinson
    A Shaw
    Ronnie Clayton
    Paul Gallagher
    Louise Karen Fisher
    Mathew Watson
    Gary Uttley
    Martin Ellison
    Ivan Stott
    Angela Brain
    Richard Broughton
    Colin Guest
    Russell Gough
    Ian Lodge
    Sharon Slater
    Shaun Cartledge
    Troy Thompson
    Mrs Lisa Ralphs
    Dominic Bryning
    Ashley Bentley
    D B Owen
    Matthew Lievesley
    Ivan Mathers
    Stephen Parr
    Robert Taylor
    Joshua Nutt
    Daniel Kaye
    Mike Rimmington and Friends
    Joseph Fearnley
    Steve Kilburn
    Neil Atkinson
    Andrew Hardy
    Gordon McCallum
    Ricky Hoyle
    Simon Thompson
    Neil Smallman
    David Dodd
    Gary Batty
    Helen Sturt
    Warren Nixey
    David Goddard
    Aivaras Vosylius
    Nick Wadsworth
    Liam Scallon
    George Gilmore
    Tony Tilling
    sdunnill clothing
    Ian Biddle
    Wayne Oldfield
    Alexandra Njegic
    Ross McDaid
    Stephen Wright
    David Guest
    Leon Waddington
    Paul McQuillan
    Michael Davison
    Villa Bella
    Fiona Hall
    Lee Upson
    Phillip Simpson
    Michael Paskell
    Neil Glover
    Eddie Longford
    Sam Wells
     
  9. archey

    archey Well-Known Member

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    Re: Crowdfunder closed - Roll of Honour

    Alright mate. I'm not on your list.

    Just checked my PayPal and the money has just come out today. Unsure why as it was over a week ago that I donated. So maybe others will be the same as me.

    #TeamsLikeBarnsley
     
  10. Brush

    Brush Well-Known Member

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    Re: Crowdfunder closed - Roll of Honour

    Hi Archey, the money isn't taken till the project is closed, you only pledged the money last week. Can you PM me with the details (your full name, amount and time it was taken will do). That goes for anyone else in the same situation.
     
  11. JamDrop

    JamDrop Well-Known Member

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    I'm not on the list but I had an email saying that the payment has been made. I'm not sure how else for you to do it [MENTION=6770]Brush[/MENTION] but I don't think writing people's real name on here is a good idea. I know I've put mine a few times so I'm sure most people know who I am but some people may wish to remain anonymous either in general or just in terms of them having made a donation.
     
  12. archey

    archey Well-Known Member

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    Re: Crowdfunder closed - Roll of Honour

    It's Chris Arch and it was £10. I don't know what time it was taken but the money came out today.

    #TeamsLikeBarnsley
     
  13. Brush

    Brush Well-Known Member

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    Roll of Honour

    Just done it again with a couple of extra names which I must have accidentally missed.

    A Shaw
    Aivaras Vosylius
    Alexandra Njegic
    Andrew Hardy
    Angela Brain
    Ashley Bentley
    Colin Guest
    D B Owen
    Daniel Kaye
    David Dodd
    David Goddard
    David Guest
    Dominic Bryning
    Eddie Longford
    Fiona Hall
    Gary Batty
    Gary Uttley
    George Gilmore
    Gordon McCallum
    Helen Sturt
    Ian Biddle
    Ian Lodge
    Ivan Mathers
    Ivan Stott
    Joseph Fearnley
    Joshua Nutt
    Kieron Brown
    Lee Upson
    Leon Waddington
    Liam Scallon
    Louise Karen Fisher
    Martin Ellison
    Mathew Watson
    Matthew Lievesley
    Michael Davison
    Michael Paskell
    Mike Rimmington and Friends
    Mrs Lisa Ralphs
    Neil Atkinson
    Neil Glover
    Neil Smallman
    Nick Wadsworth
    Paul Gallagher
    Paul McQuillan
    Phillip Dewhirst
    Phillip Simpson
    Richard Broughton
    Ricky Hoyle
    Rob Wilkinson
    Robert Taylor
    Ronnie Clayton
    Ross McDaid
    Russell Gough
    Sam Wells
    sdunnill clothing
    Sharon Slater
    Shaun Cartledge
    Simon Thompson
    Stephen Parr
    Stephen Wright
    Steve Kilburn
    Tony Tilling
    Troy Thompson
    Villa Bella
    Warren Nixey
    Wayne Oldfield
     
  14. Brush

    Brush Well-Known Member

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    Check the new list I just posted, I'd managed to miss a couple.

    There's no connection between the names and BBS accounts so nobody knows who they are, just a list of names.
     
  15. JamDrop

    JamDrop Well-Known Member

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    Nope, still not on there... I'll PM you.
     
  16. Brush

    Brush Well-Known Member

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    Roll of Honour - Updated

    Silly me, there was a link at the bottom of the page saying "see more".....

    PM me if you're not there and should be.

    Site admin, any chance of deleting the previous lists of names I posted?

    Tony Tilling
    Rob Wilkinson
    A Shaw
    Ronnie Clayton
    Paul Gallagher
    Louise Karen Fisher
    Mathew Watson
    Gary Uttley
    Martin Ellison
    Ivan Stott
    Angela Brain
    Richard Broughton
    Colin Guest
    Russell Gough
    Ian Lodge
    Sharon Slater
    Shaun Cartledge
    Troy Thompson
    Mrs Lisa Ralphss
    Dominic Bryning
    Ashley Bentley
    D B Owen
    Phillip Dewhirst
    Matthew Lievesley
    Ivan Mathers
    Stephen Parr
    Robert Taylor
    Joshua Nutt
    Daniel Kaye
    Mike Rimmington and Friends
    Joseph Fearnley
    Steve Kilburn
    Neil Atkinson
    Andrew Hardy
    Gordon McCallum
    Ricky Hoyle
    Simon Thompson
    Neil Smallman
    David Dodd
    Gary Batty
    Helen Sturt
    Warren Nixey
    David Goddard
    Aivaras Vosylius
    Nick Wadsworth
    Liam Scallon
    George Gilmore
    Tony Tilling
    sdunnill clothing
    Ian Biddle
    Wayne Oldfield
    Alexandra Njegic
    Ross McDaid
    Stephen Wright
    Kieron Brown
    David Guest
    Leon Waddington
    Paul McQuillan
    Michael Davison
    Villa Bella
    Fiona Hall
    Lee Upson
    Phillip Simpson
    Michael Paskell
    Neil Glover
    Eddie Longford
    Sam Wells
    Allan Edwards-Brown
    Mr P Stevenson
    Neil Wright
    Cathryn Roberts
    Robert Davies
    Rhys Owen
    Peter Brocklebank
    Kenneth J Rutt
    Christopher Arch
    Philip Crossland
    Stuart Smith
    Ian Sharp
    Tim Hadfield
    C J Bywater
    Robert Hall
    Craig Brown
    Darren Wainwright
    Dave Rawnsley
    Granville Watson
    Adrian Keeling
    Julie Hall
     
  17. Arc

    Archerfield Member

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    Fantastic and really looking forward to seeing it on the TV. Best news of all is that I've accidentally donated from my wife's PayPal account.
     
  18. Brush

    Brush Well-Known Member

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    Brilliant! Well done mate, I hope you get away with it.....
     
  19. Sta

    Stahlrost Well-Known Member

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    Updated Figures 17 November 2016

    I'm afraid I was somewhat optimistic with my estimates for the two previous updates, as the amounts deducted from the fund by PayPal and Crowd Funding are significantly higher than expected. Also, it could be that not all donations have actually been paid, for whatever reason. The good news is that I've had a further generous direct donation, which has boosted the fund. The latest figures are: -

    Crowd Funding total donations = £1091.00
    Deductions (see below for detail) = -£233.00
    Net amount received from Crowd Funding = £1091.00 - £233.00 = £858.00
    Direct donations (Brush, Anon, Lepton Red, Robledo) = £190.00
    Net value of flag purchase fund = £858.00 + £190.00 = £1048.00

    Purchase price of flag (already paid) = £1054.80
    Surplus = £1048.00 - £1054.80 = £6.80.

    Therefore there is now a small shortfall of £6.80, which I've paid myself as promised, and I've shut down the Curry Mahal Stahlrost Tandoori Trust Fund which currently stands at £0.00.

    This means there is no surplus to pay to any other charity, as originally hoped, but if any more donations come in or if the "missing" donations turn up, we will make this clear on here.

    For those interested, I've included a summary below of how the deductions are calculated: -

    PayPal charge 3.4% of each donation, plus 20p per donation. For example, a donation of £5 carries a commission charge of 37p, a donation of £50 carries a charge of £1.90. Now you know why I don't use PayPal and never will.

    Crowd Funding charge 6% of the GROSS donation (i.e. BEFORE the PayPal deduction). For example, a donation of £5 carries a charge of 30p, a donation of £50 has a charge of £3. I find it bizarre that they calculate the commission on amounts which were never actually received, but there you are!

    The result of all this is that the amount donated of £1091 has resulted in £858 being paid out. This is a huge shortfall of £233, of which £65.46 is Crowd Funding commission and £37.09 is PayPal 3.4% commission, leaving £130.45. I can't exactly work out the 20p per donation PayPal commission as I don't know how many individual donations have been made, but there about 89 names on Brush's list, which equates to £17.80. Therefore there is still a shortfall of £112.65, so it seems that some donations may not have gone through yet. Brush is investigating this.

    If anyone has donated but their payment has not gone through, please contact me or Brush via PM. Thanks.
     
  20. Sta

    Stahlrost Well-Known Member

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    Updated Figures 18 November 2016

    Right, despite my depressive post yesterday, the situation has now improved, thanks to some great chasing work from Brush. As a result, Crowd Funding have "found" some more donations and remitted them to us. There is now 1 donation of £20 still missing, but Brush has very kindly covered that so the full total of Crowd Funding has now been received. We now have a decent profit to donate to a suitable charity. The latest figures are: -

    Crowd Funding total donations = £1091.00
    Deductions (PayPal and Crowd Funding commission) = -£121.26
    Net amount received from Crowd Funding = £1091.00 - £121.26 = £969.74
    Direct donations (Brush, Anon, Lepton Red, Robledo, Gladius111, me) = £200.00
    Net value of flag purchase fund = £969.74 + £200.00 = £1169.74

    Purchase price of flag (already paid) = £1054.80
    Surplus = £1169.74 - £1054.80 = £114.94

    The profit of £114.94 will be donated to a charity of our choice on or around the 24th November. Suggestions for a suitable charity most welcome.

    Thank you once again to all who contributed to this great project.
     

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