The “Moving Fund” donation report (Apr)

The Hong Kong Rabbit Society set up a Moving Fund and the target is $500,000. The fund will be used to expand the Hong Kong Rabbit Society Welfare and Resources Services Centre. Once we reach to $500,000 target we will move to a new place locates near to our existing centre. To increase the transparency, we will regularly announce the amount of donation we collected.

Total donation for April: HKD$6,700

Total donation since 2010 March: HKD$40,726

Estimated moving expenses

Deposit  $90,000

Advance rental payment  $30,000

Agent commission  $15,000

Decoration expenses

Air-conditioning  $50,000

Utility  $20,000

Carpentry  $80,000

Miscellaneous  $20,000

Moving transportation  $5,000

Computer system  $15,000

Rental  $168,000

Total expenses $493,000

Estimated monthly expenses for the centre

Rental  $30,000

Rating  $1,500

Electricity  $18,000

Water  $250

Insurance  $400

Staff salary & medical  $30,000

Rabbits diet  $22,800

Rabbit sterilization  $7,000

Rabbit medication  $20,000

Education  $1,000

Total expenses $114,750

(Not included products’ cost of sales)

Criteria on the potential new location

District：      Mong Kong, Yau Ma Tai, Prince Edward

Size：            2000 – 2500 feet

Monthly rental：                Less than $30,000

Other criteria：

1.  Able to install individual air conditioning system

2.  Parking space nearby

3.  Near MTR station

4.  Have or able to install fire alarm & fighting system

5.  Industrial building or 1st floor of Chinese building

The Moving Fund will be handled separately with the daily administration fund, please state “Moving Fund” when you make the donation.

For the welfare of rabbits, please make your contribution for our Welfare and Resources Service Centre today!