We fight to improve the lives
of everyone affected by epilepsy


Council of Management meeting - December 2008

The Council of Management held its last meeting of 2008 on 2 December.

The most important item discussed was the charity’s revenue budget for 2009. With the recent turmoil and volatility in the global economy, trying to predict the financial future was harder than ever. The Council took a conservative view that the economic conditions in the UK were unlikely to improve in the next 12 months and they set a budget accordingly.

Crucial to the decision was the importance of maintaining the charity’s existing services whilst at the same time ensuring the financial stability of the organisation. Consequently this will be the priority during 2009. As a result, the Council agreed a budget for 2009 which forecasts total income of £3.3 million and total expenditure of £3.6 million. Differences between income and expenditure will be met by the financial reserves. The reserves may consequently be depleted by approximately 10% by the end of next year.

The other significant item considered by Council was a report on the different needs people may have at a local level, the scale of the demand and how these needs are currently being met by Epilepsy Action and by others.

The next meeting of the Council of Management will be on Tuesday 3 February 2009

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