SUBSCRIPTIONS
It has been suggested that members would like an interim
account of how subscriptions are being spent. A full breakdown of income and expenditure
will be made available once the annual accounts have been completed (July) and
audited, and will be formally presented to the AGM (Sept).
In this financial year (July 2011-June 2012):
SUBSCRIPTIONS COLLECTED £ 402.00
PRINCIPAL EXPENDITURE
Annual Fee to Allotments and Gardens Council (UK) £ 65.00
Annual Site Insurance £ 58.30
Hire of 1 8-tonne Skip £
150.00
TOTAL to date
(with 6 months of the subscription year to run) £ 288.30
There is also ongoing expenditure on electricity (about £4.00
per month), site administration etc., which is charged against the
subscriptions.
It should be noted that the financial year (1st
July to 30th June) is not the same as the subscription year (January
1st to December 31st). It might be worth considering at this
year’s AGM whether to alter the financial year to coincide with the subscription year.
The major item (not included in the above list) is expenditure on minor site maintenance
works which is currently being funded from
a mixture of the reserves and monies raised on Open Days. The need to secure funding
for this work is one reason we are seeking a new agreement with the Council.