The audited final accounts are now available for the period ending March 31, 2011. We have moved our financial year to coincide with the fiscal year and that meant we are accounting for a 15 month period from Jan 1, 2010 to Mar 31, 2011.
We are in an acceptable position financially due to the temporarily heightened level of the precept and the efforts of the committee to keep expenditure to a minimum for the past two years. Our aim is to have a reserve of approximately one year’s expenses on hand to deal with unforeseen expenses such as irrigation, emergency tree surgery or garden shed repairs.
Our accountants are Peter Edney & Co who can be reached at edney AT globalnet.co.uk