[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-253531-105":53,"doc-detail-253531-en":127},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":120,"head_meta":122,"extra_data":124,"updated_unix":126},105,"en","wessa-98th-agm-treasurers-report-for-the-financial-year-ended-31-march-2024","WESSA 98th AGM Treasurer’s Report - For the Financial Year Ended 31 March 2024","","Treasurer’s reporting for WESSA’s 98th AGM reviews performance for the financial year ended 31 March 2024 and frames the transition toward “One WESSA” through improved alignment of corporate and membership functions. The financial review summarizes group general funds results, highlighting deficits, investment revaluations, and changes in operational versus non-operational income. It also details governance priorities and a strengthened internal control framework, including reviews of historical balance sheet items and cash resource management. Future focus includes structural simplification and donor alignment.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":41,"@type":70,"position":76},"https://docshare.wps.com/template/letters/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/wessa-98th-agm-treasurers-report-for-the-financial-year-ended-31-march-2024/253531/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/wessa-98th-agm-treasurers-report-for-the-financial-year-ended-31-march-2024/253531.png","ImageObject",442,249,{"name":88,"@type":89},"Sage","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-19","2026-09-13",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",7,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"What change was WESSA aiming for with the “One WESSA” journey in 2024?","Question",{"text":109,"@type":110},"WESSA aimed to better align corporate and membership functions and enable clearer, purpose-driven education, advocacy, and action without restriction.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"What key initiatives were highlighted in the financial review (Addendum A)?",{"text":114,"@type":110},"The report highlighted a comprehensive internal controls review, a rigorous review of historical balance sheet items, and an improved framework for managing cash resources.",{"name":116,"@type":107,"acceptedAnswer":117},"Why did operational income from projects decrease between 2023 and 2024?",{"text":118,"@type":110},"The report attributes the decline mainly to the conclusion of large projects during the financial year, such as the Natural Resources Management (NRM) project and the Groen Sebenza project.","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},253531,1790449259,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":40,"category_name":41,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":136,"language":137,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":138,"faqs":139,"seo_title":140,"seo_description":61,"update_tm":141,"read_time":76},687197207057,"https://ap-avatar.wpscdn.com/davatar_29158cc5080c5b710cf443261637dec0","TREASURER’S REPORT  \nFor The Financial Year Ended 31 March 2024  \nWESSA 98th AGM  \n5 October 2024  \nThe year ending 31 March 2024 marked the beginning of an important journey toward achieving “One WESSA”.  \nThis should result in better alignment between the corporate and membership functions of WESSA as well as transition the organisation to be able to educate, advocate, and act with a clear purpose and without restriction. However, as WESSA’s corporate functions shift away from a project-driven focus and move closer to engaging with our membership, while also collaborating with more donors and sponsors on impactful initiatives, it became essential to develop a revised organisational model and implement an updated control framework.  \nAccordingly, the WESSA finance team pivoted their efforts to better support the refreshed WESSA strategy while managing legacy challenges and cost base. The financial review (Addendum A) gives a high-level overview of the group’s performance, including operational income source mix changes. It also details the impact of the following key initiatives:  \n• A comprehensive review of the internal controls.  \n• A rigorous and detailed review of historical balance sheet items; and  \n• An improved framework for the management of cash resources.  \nWhile refinement of the organisational model continues, the sound governance and control frameworks implemented to support the change will provide the necessary transparency and confidence required to ensure a sustainable future for WESSA.  \nIn the year ahead the focus will continue to be on supporting “One WESSA” as well as simplification of the corporate structure and reduction of inefficiencies. As part of this process the tough decision to sell the Bush Pigs education site was taken following commercial and safety considerations. Further work on the approach and process for sourcing new and aligned donors and sponsors in the current year is also expected.  \nWe leave the 2023/24 year a stronger and more agile organisation and I can only complement the executive and non-executive team members for the dedication and commitment during some difficult conversations and tough decisions. I look forward to seeing the product of these efforts in the years ahead.  \nTreasurer  \nDebbie Millar  \nAddendum A  \nFINANCIAL REVIEW  \nFor The Financial Year Ended 31 March 2024  \nWESSA 98th AGM  \n5 October 2024  \nOur commitment to good governance remains the cornerstone of our operations. We believe that robust governance is not just a regulatory requirement but a moral responsibility towards our members, employees, funders, and the broader community. By reinforcing ethical standards, fostering transparency, and nurturing a culture of accountability, we are not only safeguarding our reputation but also fostering an environment of trust that fuels sustainable growth.  \nGROUP GENERAL FUNDS STATEMENT OF SURPLUS OR DEFICIT  \n\n|  | 2024\u003Cbr>R | 2023\u003Cbr>R |\n| --- | --- | --- |\n| Income\u003Cbr>Expenditure | 29 125 811\u003Cbr>(34 173 563) | 26 285 289\u003Cbr>(27 419 836) |\n| (Deficit)/Surplus before impairment\u003Cbr>Impairment reversal/(expense): Related party loan | (5 047 752)\u003Cbr>(451 832) | (1 134 547)\u003Cbr>(658 556) |\n| Deficit before tax\u003Cbr>Tax expense | (5 499 584)\u003Cbr>- | (1 793 103)\u003Cbr>- |\n| Deficit for the year\u003Cbr>Other comprehensive income/(loss)\u003Cbr>Revaluation/(devaluation) of investments to fair value | (5 499 584)\u003Cbr>(2 920 078)\u003Cbr>1 646 639 | (1 793 103)\u003Cbr>1 646 639\u003Cbr>1 646 639 |\n| General funds surplus/(deficit) and other comprehensive income/(loss) for the year | (8 419 662) | (146 464) |\n| Specific funds | 87 340 | (102 918) |\n| Total general funds and specific funds surplus/(deficit) and other comprehensive income/(loss) for the year | (8 332 322) | (249 382) |\n\nThe group’s total funds and reserves remain strong at R54 million, despite the group’s deficit of R8 .3 million, which is attributable to:  \n• a decrease in administration and management fees arising due to a reduction in the nu","cbCaieL2ChieOcSh","https://ap.wps.com/l/cbCaieL2ChieOcSh","pdf",626807,9,"English","# Treasurer’s Report\n## Addendum A: Financial Review\n## Group General Funds Statement of Surplus or Deficit\n## Sources of Operational Income","[{\"question\":\"What change was WESSA aiming for with the “One WESSA” journey in 2024?\",\"answer\":\"WESSA aimed to better align corporate and membership functions and enable clearer, purpose-driven education, advocacy, and action without restriction.\"},{\"question\":\"What key initiatives were highlighted in the financial review (Addendum A)?\",\"answer\":\"The report highlighted a comprehensive internal controls review, a rigorous review of historical balance sheet items, and an improved framework for managing cash resources.\"},{\"question\":\"Why did operational income from projects decrease between 2023 and 2024?\",\"answer\":\"The report attributes the decline mainly to the conclusion of large projects during the financial year, such as the Natural Resources Management (NRM) project and the Groen Sebenza project.\"}]","WESSA 98th AGM Treasurer’s Report - For the Financial Year Ended 31 March 2024 | PDF",1789266635]