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sections
Profit and Loss (292,264)
Supports invasion of Tibet
Balance Sheet
Shareholders management
Reason for quoting this
Morning Star Wish List

Peoples Press Printing Society Ltd trading as The Morning Star newspaper
Income and Expenditure Account for the year ended 31 December 2006

Profit and Loss   notes 2006  2005
Turnover   693,611 715,562
Cost of Sales   (303,908) (274,350) 
Gross Surplus   389,703 438,212
Net Operating Expenses      
Distribution costs   (68,412) (64,232)
Admin.   (613,555) (587,460)
Operating Loss   (292,264) (213,487)
Advertising income not stated .    
Other Operating Income  5    
Legacy & bequest   4,600 11,800
Appeal   74,368 46,992
Peoples Press Fighting Fund   171,704 168,595
Other operating income   30,183 7,645
.   (11,309) 21,545
after interest  3 " "
after tax  4 " "

Gov.uk/running-a-limited-company/company-and-accounting-records

Morning Star supports Chinese Invasion of Tibet
and takes money from trades union members who need lawyers:

this is a quote from their paper.

Morning Star Newspaper supports Chinese Invasion of Tibet - illustrated with a picture of British athletes giving a Nazi solute at the 1936 Berlin OlympicsTibet isn't a colony
(Friday 04 April 2008)

VARIOUS politicians and commentators have suggested that Gordon Brown ought to call for a boycott of the Olympic Games or, at the very least, emulate Angela Merkel by boycotting the opening ceremony.

The justifications for these actions are that China is a colonial power holding Tibet against its will or that, even if Tibet is part of China, Tibet's intrinsic culture is being eroded by a mass influx of Han Chinese.

The idea that China is or could be a colonial or imperialist power is nonsense.

Where are its colonial possessions and when did it carry out a global offensive to conquer or dominate weaker countries militarily or economically to bring them into Beijing's thrall?

Until just 60 years ago, China was a poverty-stricken land, laid waste by decades of civil war, occupied and sacked by Japanese militarism and subject to the machinations of the imperialist powers.

Warlords, feudal despots and religious tyranny exercised untrammelled power in their fiefdoms. This applied to Tibet as much as the rest of China.

It was the People's Liberation Army, under the leadership of the Communist Party of China, that began to unify the country and put an end to these brutal and corrupt fiefdoms.

For the first time, when the People's Republic of China was proclaimed in 1949, the peoples of China were able to stand up and to chart their own way in the world.

Not every decision that the country's leaders have made has been wise.

But, for all the mistakes, the successes have been tangible, with huge improvements in living standards.

Nowhere is this more true than in Tibet, where the abolition of slavery and serfdom liberated the mass of the people, prompting the landowners and feudal lords to resort to force of arms in the 1950s to halt social progress and revert to the old pre-revolutionary regime.

Their comprehensive defeat in 1959 was a prelude to raising Tibetan educational, health and living standards.

Last year's opening of the Qinghai-Lhasa railway on the roof of the world was a major step forward for Tibet's economic and cultural development, enhancing links with the rest of China and assisting some migration to and from Tibet.

However, the reality that no more than 5 per cent of Tibet's population is either Han Chinese or from any other of China's 56 national minorities gives the lie to claims of ethnic swamping or dilution of Tibet's cultural essence.

What kind of culture can only be sustained by being hermetically sealed off from the modern world? Only one based on superstition, ignorance and feudalism.

China is modernising, casting off such chains. It is also reuniting colonial enclaves such as Macao and Hong Kong, although Taiwan remains divided from the homeland.

The most sacred human right is the right to life and China's economic progress has ended the mass starvation that so recently engulfed the country on a regular basis.

Those who lecture China on human rights, especially from the US and Britain, should perhaps, in light of the illegal invasion of Iraq, which has brought about more than a million dead, ponder the relationship between stones and glass houses.

 Balance Sheet notes 2006 2006 2005 2005
Fixed Assets          
Tangible assets  6    19,071    21,506
Investments  7   12    12
      19,083    21,518
Current Assets          
Debtors  8 92,725    84,527  
Cash at bank and in hand   68,014    78,857  
           
Creditors due this year  9 (74,393)    (61,741)  
Net current assets     86,346    106,643
      105,429   128,161
Creditors due after this year 10

.

(60,625)

.

(62,292)
Capital and Reserves          
Share capital     613,563   518,219
Reserves 11   (568,759)   (557,350)
Total members' funds     44,804   60,869

1: Accounting policies:

Basis: the financial statements have been prepared in accordance with applicable accounting standards and under the historical cost accounting rules.
Consolidation: the results of the wholly owned subsidiary, The Morning Star Publishing Company Ltd has not been consolidated, as in the opinion of the committee the inclusion of such would be of no practical value. [Checked: true - EO]
Tangible fixed assets: depreciation of fixed assets are calculated to write off their costs or valuation less any residual value over their estimated useful lives as follows:
20% Computers
20% Motor Vehicles
20% Fixtures & Equipment

2: Turnover: The turnover of the year was derived from the society's principal activity
3: Interest payable: loans from members and donors to the cosiety attract no interest
4: Corporation Tax: No corporation tax payable due to deficits brought forard from previous years
5: Other operating income 2006 - nil; Other operating income 2005 (17,768) Loans and creditors written off. Last year's write-offs are mainly sales invoices entered twice on the system. The management has put in place controls to ensure that this does not occur in future.
6: Tangible fixed assets motor vehicle fixtures and fittings computers total
cost as at 1 /1/ 2006   16,999 68,176 88,150 173,325
disposals    

.

 

.

additions     247  13,786 14,033
    16,999  68,423 1101,936 187,358
.          
depreciation as at 1/1/6   13,600  36,349 101,936 187,358
elimination on disposal   - - -
charge for the year   3,398 3,986 9,084 16,468
depreciation as at 31/12/6 . 16,998 67,335 83,954 168,287
.    

.

 

.

net book amount 31/12/6   1,088  17,982 19,071
net book amount 31/12/5   3,399 4,448 13,280 21,127
7,8,9,10 This account audited by Appleby and Wood, Stratford, London
The principal activity of the society is publishing the Morning Star newspaper, "Britains only socialist newspaper"
Hosted by Employees.org.uk -a proposed scheme to fill part of the gap left by trades unions who do not represent their members
Employees.org.uk wishes the Morning Star staff well, but wishes that activists would help the paper by giving away free sample copies at stations, or volunteering to help with advertising telesales. Removing £246,072 from sources like trades union accounts should not be an option. This figure does not include advertising by unions and union-funded organisations. Of the expensive adverts that get a week's mention on the web site as well as in the paper, all of them seem to be for trades unions or trades union-funded organisations. - EO

This press release seems to be about entryism and applies to the accounts of 2006. Entryist confusion is echoed in other organisations.

The Crisis at the Morning Star
(and the use of the word "moreover")

Martin Sullivan

ON 25 FEBRUARY journalists at the Morning Star newspaper began an indefinite strike, an unprecedented event which attracted attention even from the capitalist press. Twelve of the paper’s fifteen journalists voted in favour of industrial action, which was called in response to the suspension (and subsequent sacking) of the Star’s editor John Haylett.

The strikers had the official backing of the National Union of Journalists, and received sympathetic coverage in the Labour weekly Tribune, while prominent figures such as Tony Benn and Dennis Skinner supported the call for Haylett’s reinstatement. Among leading left MPs only Ken Livingstone opposed the strike.

The strikers claimed that this was a straightforward management-worker issue, involving a clear case of victimisation. Haylett’s sacking by the management committee of the Peoples Press Printing Society (PPPS), the body which controls the Star, was supposedly a tit-for-tat reaction to the earlier removal of Mike Hicks as general secretary of the Communist Party of Britain (CPB), Hicks being the partner of PPPS chief executive Mary Rosser.

Others of us, however, would claim that action should have been against Haylett long ago – for example, when the Star supported the invitation of a notorious anti-semite to speak at an Anti-Racist Alliance demonstration. There are, moreover, important political issues behind the present dispute, and it is on these issues that the labour movement should take sides.

The sacking of Mike Hicks as CPB general secretary, and his replacement by Rob Griffiths, in fact represented a sectarian shift by the party leadership away from the traditional orientation towards the Labour Party – a development, incidentally, which has no basis in any decision at the last CPB congress. Symptomatic of this shift was the CPB political committee’s decision to open discussions with Arthur Scargill, whose Socialist Labour Party (SLP) is notorious for its sectarian attitude to Labour. If a lash-up between the SLP and the Griffiths-Haylett wing of the CPB were to take control of the PPPS, this would signal the end of the Morning Star as a paper of the broad labour movement.

Whatever their faults, the Rosser-Hicks element do favour a broad labour movement orientation, and deserve critical support against the sectarians. At the PPPS Annual General Meeting in June, therefore, or at an earlier special meeting if one is called, shareholders should cast their votes accordingly.

Why the Morning Star is annoying

It's not often that anyone gets annoyed by the Morning Star, but for those in any way involved it is a bit like working in social work or any kind of unfair dismissal - it engages you a lot. My main involvement is that my union branch paid for the bloody thing instead of a lawyer for me in the employment tribunal.

The problem with getting annoyed by the Morning Star is that it diverts attention towards what is in the paper - such as a defence of China's invasion of Tibet - rather than what funds the paper. Funders include the volunteers who make-up a fictional organisation called my T&G union branch, which is nothing to do with paid staff (who are work at a separate regional office) and nothing to do with any one employer. These people have enough budget to patch-up the real union's crap legal service. They proved this when one of the committee members had an unfair dismissal of a nasty kind, and they hired Bindman and Partners to persue the case after realising just how bad the official union laywers were. But when an ordinary member asks for help the answer is no: "we are not the fifth emergency service", "a union is not about legal insurance but solidarity", "it is true that the union leaflets say we offer legal help but that is a mistake". Next item on the agenda: "purchase of Morning Star shares ... won't pay a dividend till hell freezes over ... carried .. publication of a £300 advertisement wishing the Morning Star staff a happy christmas ... carried ... donation .... carried".

However, it is late, there is text below written on another day and it looks as though it makes sense.

The Communist Party of Britain is a society of people who want to get rid of every last shred of capitalism, or some such.
Those union activists who divert trades union money to worthless Morning Star shares or their party's landlord are presumably similar.
They are nothing to do with a radical reader's publishing society that once nearly had its own printing presses and promotes a broad range of interesting views absent from capitalist broad sheets. No such thing exists and their articles of association do not give votes to readers or writers but to buyers of endlessly diluted one pound non-dividend shares, with one vote per share. Maybe some of them and their newspaper just want to be annoying.

The press and the party are private enterprise and can want what they like, but a small party and its attempts at propaganda draw attention to the big

  • They take money out of trades union bank accounts (or Fidelity Unit Trust for the Conservates)
  • They spend money on vanity projects and Nazi ceremonies instead of dentists, pensions and old peoples' homes.
  • They hobnob with torturers.

None criticises the massive waste of the Olympics at a time when the UK government can't organise free dentists to be paid out of taxes, runs more foreign wars than it can recruit troops to fight-in, claims that taxes won't fund free old peoples' homes (except in Scotland) and gets votes by arresting teenagers. School class sizes are over thirty and there is money for the sodding Olympics. Even if they involve hob-nobbing with torturers.

I don't know what sort of sponsored MP the Transport and General had in mind when MPs were not paid and it made sense for unions to sponsor MPs, but it would surely not be for the sort who spend government money on Olympic ceremonies, take money they don't even need from union bank accounts and preserve Nazi torch-bearing ceremonies. I don't know what Fidelity Unit Trust is other than a place that organises my money but it surely wasn't meant to subsidise a political party.

What I do know is that when I need a lawyer I find these folk instead: complaints to the T&G are simply not answered without being forwarded by a branch, and branch 1/1148 happens to have been allocated to the communists. I cannot easily sue a union for ripping me off because they are exempt from every conceivable law and the tribunal system seems to condone their behaviour.

Can I have my money back please? Or a vote in how my union is run?

 


I will get back to you if enough people are interested in proper legal insurance for employees. For now, the email handling is handled by Aardvark Mailing List. Like Pledgebank, this list is for people who would like there to be cheap legal insurance but don't set it up because not enough people want it at once to make it viable. If you check out Aardvark, you will see that they remain free bacause they don't give email addresses to list owners; if anyone hijacks your email address it will be them, not employees.org.uk, and they look honest. You can add your name to the list to be told when there are a lot of people on it and cheap legal insurance is possible.

Morning Star Wish List

 Another page of this site has wish lists and there was some stuff on it now here, viz:

This applies to unions who fund the Morning Star and will some time have to make a decision whether to let it fold or plan something more profitable. It also applies to all the activists, staff and readers and supporters' groups.

  • Volunteers to try advertising telesales
    The accounts of the Morning Star show a spirited paper struggling to act like a national daily. They have hardly bought anything for the office for years and will have trouble hooking-up to the new computers at Newsfax printers. Circulation is too small for a separate Scottish edition, now that high airmail costs make it difficult to get papers there from the printers in Kent. The paper's staff drive their own van. What they need are tele-sales reps to sell advertising space. What I understand from shops that sell alternative products and services is that some of the magazines ring every year or so with special advertising offers. The Morning Star has never rung. It doesn't even have adverts on its web site except trade union job adverts and doesn't list advertising revenue on its accounts to members. Like many low-circulation papers, it doesn't pay to have its circulation audited so Saachi and Saachi probably don't ring very often. Meanwhile the paper has an organised "fighting fund" and claims that low add sales are caused by a buying boycott.

    Advertising is the lifeblood of daily newspapers - and that lifeblood is denied to this paper by business and by government alike - for very understandable, if not forgivable reasons.

    Cab Trade News, the paper for Transport and General cab drivers, should try selling adverts too. The paper doesn't even have a web site. If you want to subscribe or advertise to cabbies, you would have to ring and ask for a sample copy.

    Both papers might attract volunteers for a little tele sales. It is a way of trying-out and proving yourself in a line of work, and gives you the satisfaction of sending a sample copy to Trevor in Sales and Giles at the agency.
  • Give away newspapers
    Metro and The London Paper charge lots for adverts because they reach lots of commuters. They also reach customers who never thought they would read celebrity gossip or whatever is inside; this random reading is exactly what a political activists seeks. One of the papers - Manchester Evening News - has copies for sale in newsagents at the same time that students are giving away copies to commuters at railway stations, paid by video evidence of the number given.
  • If profitable, make the paper a society of all subscribers and staff as it was set-up to be and still claims to be. It isn't. Society rules allow one vote per one pound share and anyone can buy as many as they want. I have ten.



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