
Manders
Last week
BV Accounts
BV 2024 accounts have now been published (feels a bit late). Interesting to see that they have not detailed the expense categories as they have in previous years. Previous years accounts have detailed their "Cost of Services" being the amount spent on the different programs. We know from the accounts that the aggregate number has increased by $1.15 million, an increase of 10%. That is on top of an almost 10% increase the previous year. It would be interesting to know why BV has not disclosed the costs of each program as they have in previous years so we can see where the increases have been? Transparency is important.
Accounts as published also have a bad error with half of the cash flow information in note 7 missing. Someone should fix that.