Accounting matters, for OurField Weston

I was just replying on the other thread and emailing Wrights, @grahamehunter, then planned to reply to Tony :) I agree input to all threads is sadly low though. Maybe this discussion would be better on the main thread, as all issues to do with the field are interrelated?

@johnanthonyallan Tony, I just wanted to say, please do see out this current year before deciding whether to continue as a co-investor. I voted for the option that I did to see if we can make it work with limited, but not excessive, admin beyond the farm gate. If it becomes too much (and we continue) we can decide differently next year. But it may not be too problematic, she says with her fingers crossed!

I’m afraid I am personally not able to take on the accounting and related financial responsibilities but if we can keep things simple (ie, one mill, one bakery) it may not been needed. Or the amount of time required for certain options can be factored into the choices offered for the vote in future years (ie, ones that are not feasible are not offered as a choice).

All for discussion on the 23 I think. I’m looking forward to seeing you there. And visiting the bakery for the first time.

Dear Wendy
Many thanks for your constructive reply. You make very useful points.
Can we suggest an agenda for 23 November. Tony

I think your suggestions last week offer a good draft agenda Tony (which I have tweaked). But maybe @abbyrose will want to add/amend.

1 Will we continue, if so, should we develop an on farm OurField three (???) year strategy

2 How far do we want to be involved in beyond the farm gate strategy on marketing and processing and retailing

3 Reporting, accounting, budgeting and overall planning. Investor arrangements etc

@wendyalcock and @johnanthonyallan thank you for your suggestions of the agenda. I think that simple 3 point agenda looks great. I will add anything to it that is brought up in the meantime... very much looking forward to seeing you all a week on Thursday at 6.30 to discuss in person!

@andrea One may wish to review the earliest predictions for 2017..in this spreadsheet attached the costs pretty well matched the income if per hectare we achieved 2.6 tonnes / hectare sold at £160 /tonne. In the later decisions it was decided to cut out sprays to grow a non commercial wheat and I think last year we harvested between 7 and 8 tonnes in total from 19 ha.

Thank you Grahame. Can you please post the accounts of the following years?

Hello @Grahame Hunter , Could you make the accounts of the last two years available to the community? Thank you