I know that the HTA sells itself as a 'not for profit' organisation but I have always deemed that to mean that profits are not distributed amongst shareholders.
In the HTA's case I think they have taken to mean this literally and I am astounded to see that on a turnover in excess of £26 million for 2008, the HTA made a loss of £13,634.
The HTA has 1,600 businesses and 2,700 outlets representing retailers on its books and advises, amongst other things, the best way its members can run their enterprise.
Picking through the figures it would seem that the operating deficit of £476,264 would have dragged the balance sheet down further if it weren't for income and interest on fixed assets.
The majority of the HTA income comes from the sale of gift vouchers - out of a net positive contribution of £2,764,817, operating costs of £3,670,822 wiped out the profit.
The HTA also saw cash at the bank reduced by 1,213,467 for the period ended 31st December 2008.
The Association of Professional Landscapers income is not itemised separately in this document.
Read the full HTA report and accounts for the ended 31 December 2008.
I am wondering - in its 110th year - is it time to see a really good shake up of the HTA?
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