GNDR financial update

The GNDR Finance and Audit Working Group – a subcommittee of the GNDR Board – met with GNDR Executive Director Bijay Kumar and Finance Manager Nick Roberts representing the GNDR Secretariat on September 19. 

The 2017-2018 trustees report and audited accounts were agreed to be ready for signature by the Board, and have since been filed with Companies House and the Charity Commission.

Nick Roberts also presented a summary of financial headlines, including the status on funding, an update on budget versus actual expenditure to date, the latest on updates to procedures and policies, including changes to bank signatories, and an update on the GIZ audit.

The latter has now been completed and we are awaiting the auditors’ final report. A summary of lessons learnt, and how they are to be applied to the EU-DEVCO accounting and reporting, was presented at the Trustees Annual General Meeting on 26 November.


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