To: Mr Klaus Bonn
Company Accountant
From: Lalit Choudhary
General Manager
Date: 25th February 2021
Subject: Sponsorship of local cricket team
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Klaus,
As you know APEC Kolath have sponsored the local cricket team for the last 3 years. It is my son’s school team and for the last 2 years he has been appointed captain. We traditionally pay for their equipment and their kit which costs approximately $2,500 p.a. We encourage the factory supervisors and senior staff to coach the team on a voluntary basis but expect them to provide their own equipment and kit.
This year the team also need some professional coaching to ensure the captain and some of the senior players can be considered for the Kerala team so we should provision for an additional $2,000.
Please ensure that there is sufficient provision in the Accounts for this. I estimate the expenditure will be around $4,500.
Regards
Lalit
General Manager
APEC Kolath
Plot No. 38 Kunnapattu Road
Kunnapattu
Tamil Nadu 6023105
India
Tel: +91-44-3524-0060
Email: L.Choudray@APECKolath.co.in
Web: www.APECKolath.co.in