International House World Organisation Ltd Annual General Meeting & Business Meeting

International House World Organisation Ltd

Annual General Meeting & Business Meeting

Valencia 2011

Business Meeting Agenda

1. Finance Report2. AGM of IHWO Ltd3. Proposals4. Election of 3 IHWO representatives5. Pause for vote counting & announcement6. Conference planning:

Presentation about Cape Town 20127. Close

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INCOME -Profit & Loss 2010

Jan - Dec 10 Budget % of Budget

Ordinary Income/Expense

Income

56010 Affiliation Fee Income 477,858.00 477,000.00 100.18%

56020 Joining Fee Income 19,996.00 20,000.00 99.98%

56030 Recruitment Fee Income 7,500.00 8,000.00 93.75%

56035 · Educational Projects 51,670.00 53,000.00 97.49%

56036 · Assessment Unit 11,710.00 13,000.00 90.08%

4999 · 56040 Other Income 1,413.63 1,000.00 141.36%

56045 · Trust subvention 22,107.08 22,107.00 100.0%

Total Income 592,254.71 594,107.00 99.69%

Audited Accounts 2010

IHWO Year End Actual 2010 IHWO Budget 2011 Apr-11Income Income56010 Affiliation Fee Income 477,858.00 56010 Affiliation Fee Income 470,000.00

56020 Joining Fee Income 19,996.00 56020 Joining Fee Income 15,000.00

56030 Recruitment Fee Income 7,500.00 56030 Recruitment Fee Income 8,000.00

56035 Educational Projects 51,670.00 56035 Educational Projects 52,000.00

Assessment Unit (Certificates) 11,710.00 Assessment Unit (Certificates) 12,000.00

56040 Other-late fees, products 1,413.63 56040 Other-late fees, products 1,000.00

56045 IH - Trust 09 subvention 22,107.08 56045 IH - Trust 10 subvention 22,012.38

Total Income 592,254.71 Total Income 580,012.38

Expense Expense710 Salaries & Wages 176,138.88 710 Salaries & Wages 178,310.15

715 Inspections and Quality 20,524.03 715 Inspections and Quality 19,000.00

716 Staff Costs - Training 2,566.00 716 Staff Costs - Training 1,500.00

717 Recruitment service costs 30,781.90 717 Recruitment service costs 31,000.00

718 Educational projects costs 25,718.78 718 Educational projects costs 27,400.00

Assessment Unit (Costs) 2,800.54 Assessment Unit (Costs) 4,000.00

720 Establishment costs 24,125.39 720 Establishment costs 22,620.00

Above doesn't include capital on mortgage - £12K Above doesn't include capital on mortgage - £12K

730 Communication/web costs 15,791.57 730 Communication/web costs 15,900.00

740 Membership Development 3,626.99 740 Membership Development 5,000.00

750 Marketing 81,790.26 750 Marketing 85,000.00 £20,000 allocated for branding755 Office costs 8,935.25 755 Office costs 9,400.00

756 Travel 6,188.00 756 Travel 5,000.00

760 Financial 10,671.77 760 Financial 7,900.00 £5,000770 Legal & professional 59,885.27 770 Legal & professional 45,000.00

Trust 50% Contribution Trademark Trust 50% Contribution Trademark

780 Depreciation 2,769.50 780 Depreciation 2,000.00

790 Conferences 50,713.10 790 Conferences 50,000.00

792 Educational Services (R&D) 30,425.05 792 Educational Services (R&D) 30,000.00

merged with R&D above merged with R&D above

795 Other expenses 795 Other expenses 3,000.00

796 Payment to IH Trust 24,892.88 796 Payment to IH Trust 24,850.00

Total Expense 578,345.16 Total Expense 566,880

NET Income 13,910 NET Income 13,132

Corporation Tax 3,266 Profit for the financial year 10,644

AGM of IHWO LtdResolution 1To receive the accounts of the Company for the year ended

31st December 2010 together with the reports thereon of the directors and auditors of the Company;

• Proposed: Monica Green• Seconded: Jonathan Dykes

Resolution 2To reappoint Garside & Co. LLP as the auditors of the

Company (the Auditors) until the conclusion of the next general meeting of the Company at which the accounts are laid before the members;

• Proposed: Norman Cain• Seconded: Monica Green

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AGM of IHWO LtdResolution 3To authorise the directors to determine the remuneration of

the Auditors.• Proposed: Norman Cain• Seconded: Jonathan Dykes

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Proposals

Proposal 1

That the IH Directors’ Conference should be held in London every other year, starting in 2013.

On behalf of Grzegorz Chruszcz, IH Bydgoszcz and Romuald Poslednik

Proposer: Monica GreenSeconder: Lucy Horsefield

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Proposal 2

IH schools should commit to promoting the IH brand worldwide. To achieve this, wherever possible, IH schools sending students abroad to study a language should choose an IH school. In areas where there is no IH school, other schools could be used. Where a specific course is not offered by an IH school, even after consultation and negotiation, other schools could be used. Other schools could also be used if the IH School in the territory has received negative comments in the past from students.

This respects the geographic territory of all IH schools and acknowledges the strong links between affiliates.

Proposer: Val Hennessey

Seconder: Costantino Mifsud

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Proposal: 3

iSpeak:

In principle we should look into whole area of apps – assess cost, requirements, options.

Mobile application for both iphones and other smart phones. Other APPS exist but mainly for translation of single words or phonetic sounds (see BC app).

The IH App should offer:

-Info about IH schools – links to websites

- Online tests for all languages

- Phonetic chart with word recorder

- Grammar section where people can refresh their knowledge

- translation of words or sentences with recorder for pronounciation

We differentiate because we don’t only teach English!

Proposer: Natasha Sturlese, IH La Spezia

Seconder: Marco Faldetta, IH Palermon www.ihworld.com

Proposal 4

To modify the affiliation agreement in order to include the obligation for any affiliate considering a purchase offers from the competition, to offer the school(s) to the network of affiliates, under the same terms and conditions as those offered by the competition.

Proposer: Frederic Borne, IH Madrid

Seconder: Andrj Kolotic, IH Ljubljana

www.ihworld.com

Proposal 5

That interested IH schools in different countries exhibit Picture Slovenia photos in their schools with an opening ceremony which can be an excellent opportunity to invite important exiting and potential clients, diplomats, press and IH Ljubljana offers necessary support.

Proposer: Mojca Gergouth Koletic, IH Ljubljana Madrid

Seconder: Ariel Lopez, IH Mexico

www.ihworld.com

Proposal 6

That IHWO organizes a photo competition similar to Picture Slovenia. All interested countries in which IHWO has affiliates shall be invited to run their national competition and then IHWO shall run an international competition to celebrate IH 60th anniversary.

All schools could then organize exhibitions locally promoting the IH brand.

Proposer: Mojca Gergouth Koletic, IH Ljubljana

Seconder: Ariel Lopez, IH Mexico

www.ihworld.com

Proposal 7

Employment of PR Executive.

Proposer: Costantino Mifsud, IH Malta-Gozo

Seconder: Frederic Borne, IH Madrid

www.ihworld.com

Proposal 8

IH global selling portal.

Proposer: Costantino Mifsud, IH Malta-Gozo

Seconder: Frederic Borne, IH Madrid

www.ihworld.com

Proposal 9

Competition among teachers – downloadable app.

Proposer: Frederic Borne, IH Madrid

Seconder: Costantino Mifsud, IH Malta-Gozo

www.ihworld.com

Proposal 10: referred to committee, deadline 13th May

Guidelines on consortiums

That we believe the formation of branded break-out groups or sub-groups within the IH affiliate network is contrary to the spirit of International House and has the potential to be divisive.

Proposer: Larry Finnegan, IH Dublin

Seconder: Val Hennessy, IH Bristol

www.ihworld.com

Proposal 11

That IHWO produce a set of professional videos based from ideas from local and Study Abroad schools. The ideas may be voted to choose the top 10 videos we would like to create for our brand marketing.

Proposer: Marco Faldetta, IH Palermo

Seconder: Trevor Udberg, IH Newcastle

www.ihworld.com

Management Committee Nominations

Norman CainProposer: Monica Green, IH Torres VedrasSeconder: Natasha Sturlese, IH La Spezia

Sergei Nesterenko, IH Dnipro/IH DonetskProposer: Trevor Udberg, IH NewcastleSeconder: Javier Lacunza, IH San Sebastian

Mihai Ganj, IH Bucharest

Proposer: Jonathan Dykes, IH Barcelona

Seconder: Bernhard Roters, IH Sevilla22