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I've always understood "warchest" in our context to simply mean "savings required to live", regardless if still in your Ltd or in your own bank account.
It should be on the slides anyway as it's a down side of contracting. Even if you are ok for years and years there is usually a period where you are screwed due to events outside your control.
"You’re just a bad memory who doesn’t know when to go away" JR
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