Latest accounts
Long-term investments: £235.92m. OK, quarter of a billion rather than half a billion.

www.charity-commission.gov.uk/Showcharity/RegisterOfCharities/CharityWithPartB.aspx?RegisteredCharityNumber=209603&SubsidiaryNumber=0
(ubergeekian, Tue 28 Feb 2012, 9:32, 1 reply)

so you think long term investments are the same as cash reserves?

( Ring Of Fire A petty, drooling belming butthurt retard., Tue 28 Feb 2012, 12:51, closed)

Convertible easily enough
All they mean is "stuff we don;t need to use for immediate day to day spending"
(ubergeekian, Tue 28 Feb 2012, 15:40, closed)

OK. So it's not cash, and it's not half a billion, part apart from that you're absolutley right
If I was running a service like the lifeboats I’d do it by creating a revenue stream from a portfolio of investments, rather than go to the warehouse every month, prise the top off some collection buckets and hope they’ve got enough in them.

Which I guess is why you do what you do what you do, and other people are in charge of stuff.
( Ring Of Fire A petty, drooling belming butthurt retard., Tue 28 Feb 2012, 16:22, closed)