Our AGM financial report shows the total against each budget line item for each fund: administrative fund, sinking fund and a ‘special purpose’ fund. As treasurer, I provide a ‘report’ in which I describe in more user-friendly terms what sorts of things are covered under various line-items in those accounts. I also draw attention to and explain anything that might look odd, such as spending significantly more or less than the previous year on something. Often the explanation is simple: an error the year before corrected this year or bills for 3 quarters landing last year and five quarters landing this year. However, I don’t provide every single transaction ever made. One year when we did that, the AGM bogged down with pedants agonising over minutiae.