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Bonkers Blog October 2015

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5 October (Part 2) - ECOnomic disaster zone?

MasseyIt’s back to cabinet member Don Messy again, not only is he the architect of Bexley’s downgraded refuse collection services but he was also the mastermind who thought it was a good idea to remove the Howbury Centre from the care of the very successful money raising group known as Howbury Friends and hand its management to a company saddled with debts and a County Court Judgment.

Maybe the intention was to give a friend an opportunity to get rich quick; if so the plan seems to have gone a little off the rails.

Perusal of Eco Communities accounts show some unwelcome changes in the year following the takeover of the Howbury Centre in 2013.


• Cash in hand down from £5,375 to £3,604.
• Net worth from negative £12,547 to negative £126,788.
• Total current Assets down from £118,118 to £19,807.
• Total liabilities improved from £149,832 to £92,391.


Cabinet member Messy rated ECO Communities well above the volunteer group with a proven track record for fund raising and it is difficult to see why.

The story about the unpaid council tax looks to be ever more believable.

 

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