{"id":2389,"date":"2026-07-13T11:49:25","date_gmt":"2026-07-13T10:49:25","guid":{"rendered":"https:\/\/iti-frenchnetwork.co.uk\/?p=2389"},"modified":"2026-07-14T10:43:02","modified_gmt":"2026-07-14T09:43:02","slug":"treasurers-financial-report","status":"publish","type":"post","link":"https:\/\/iti-frenchnetwork.co.uk\/?p=2389","title":{"rendered":"Treasurer\u2019s financial report"},"content":{"rendered":"<p>As you can see from the summarised accounts below, our bank balance is still very healthy. And by contrast with the 2024-25 membership year, it has actually gone up!<\/p>\n<p>Besides some very successful events, this increase was mainly due to extra membership income in June 2025, with relatively high numbers of members renewing or rejoining later. This has not been the case in June 2026 \u2013 member numbers have now stabilised at around 240, and membership income is expected to be lower in the 2026-27 membership year.<\/p>\n<p>The \u201cEvents\u201d entry includes income and costs for last year\u2019s amazing in-person event in Norwich, plus the two workshops with Magistrad and Grant Hamilton. And the \u201cExpenses\u201d entry includes the regular costs for our website hosting and newsletter.<\/p>\n<p>Our mentoring schemes are now up and running thanks to the hard work of Sabine Citron (Translation) and Philippa Hammond (Business), and we hope to match several more mentoring pairs this year too \u2013 email <a href=\"mailto:mentoring@iti-frenchnetwork.co.uk?subject=French%20Network%20translation%20mentoring%20scheme\">Sabine<\/a> or <a href=\"mailto:biz.mentoring@iti-frenchnetwork.co.uk?subject=French%20Network%20business%20mentoring%20scheme\">Philippa<\/a> for more info.<\/p>\n<p>We offer grants of up to \u00a3100 either for CPD or for <a href=\"https:\/\/www.iti.org.uk\/membership\/individual-membership-categories\/qualified-translator\/qualified-translator-assessment.html\" target=\"_blank\" rel=\"noopener\">upgrading to MITI<\/a> and were delighted to award four training grants over the last membership year. All the info can be found in our updated Grants Policy, which was posted on the forum a few weeks ago. But you can also just <a href=\"mailto:treasurer@iti-frenchnetwork.co.uk?subject=French%20Network%20grants\">send me an email<\/a> to find out more info about how to apply for a grant.<\/p>\n<p>Our bank balance has built up to this level over many years, and I cannot stress enough how much we\u2019d like to be spending more of it! So, please do take advantage of our mentoring schemes and grants. And if you have any ideas for new initiatives where we could put our money to good use, please <a href=\"mailto:treasurer@iti-frenchnetwork.co.uk?subject=New%20French%20Network%20initiative%20ideas\">get in touch<\/a> and we can discuss them on the committee.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-medium wp-image-2388\" src=\"https:\/\/iti-frenchnetwork.co.uk\/wp-content\/uploads\/2026\/07\/ITI-French-Network-Accounts-300x264.png\" alt=\"\" width=\"300\" height=\"264\" srcset=\"https:\/\/iti-frenchnetwork.co.uk\/wp-content\/uploads\/2026\/07\/ITI-French-Network-Accounts-300x264.png 300w, https:\/\/iti-frenchnetwork.co.uk\/wp-content\/uploads\/2026\/07\/ITI-French-Network-Accounts.png 604w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>By Dean Evans<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As you can see from the summarised accounts below, our bank balance is still very healthy. And by contrast with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2295,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[13],"tags":[],"class_list":["post-2389","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles"],"_links":{"self":[{"href":"https:\/\/iti-frenchnetwork.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iti-frenchnetwork.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iti-frenchnetwork.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iti-frenchnetwork.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/iti-frenchnetwork.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2389"}],"version-history":[{"count":3,"href":"https:\/\/iti-frenchnetwork.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2389\/revisions"}],"predecessor-version":[{"id":2419,"href":"https:\/\/iti-frenchnetwork.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2389\/revisions\/2419"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/iti-frenchnetwork.co.uk\/index.php?rest_route=\/wp\/v2\/media\/2295"}],"wp:attachment":[{"href":"https:\/\/iti-frenchnetwork.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iti-frenchnetwork.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iti-frenchnetwork.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}