The audited final accounts are now available for 2017.
In 2017 we had our railings repainted costing £29,000. This led to a deficit for the year of £16,579. We paint the railings about every 10-12 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. At present our reserves cover approximately 5 months of expenditure. At the AGM in November the precept was agreed at £47,000 in an effort to speed the rebuilding of our reserves.
Our accountants are ST Partnership who can be reached at info AT st-partnership.com