PCSR’s organisational status
PCSR is a not-for-profit unincorporated association. Any profit made is ploughed into the next event we are planning to host. Some events break even, some make a small profit, and some have, in the past, made losses. For the past few years we have been in the fortunate position of having enough money to comfortably run our next event.
Like many unincorporated associations, managing our cashflow, keeping our membership records up to date, and spending members’ subscriptions wisely are important aspects of what the steering group do. We currently bank with Natwest Bank and two members of the steering group are signatories on the bank account. We are looking at trying to bank with a more ethical bank; to date this has proved too complicated each time we’ve explored it but we continue to keep this aspect under review.