## **AGM of the Executive Committee Goring & District Community Centre Charity No 1000005** ## **Chairman’s Annual Report May 2024** We are meeting rather later than usual this year as various members of the Committee were unavailable during April. I am pleased to report that **Lunch Club** has continued to thrive. The number of members averages 12 on both Tuesdays and Wednesdays. Although we have welcomed some new members others have sadly died. Denise and her helpers worked very hard to manage during the weeks when the boiler was broken. They were determined to keep the Lunch Club running in spite of the problems. The Christmas party for the Lunch Club was again held at the Goring & Streatley Golf Club. This was a great success and much enjoyed by the members. We held a successful **party for our volunteers** in March. This was the first time we had been able to do this since the pandemic and we were pleased to be able to show them our appreciation for all that they do for the Community Centre. By far the biggest change this year has been in the **agreement with the Goring Parish Council** that they will take over the East Wing when the refurbishment is completed. This will provide a significant increase in our income. We hope the refurbishment will start in a couple of months’ time and be finished by the early autumn. The room will be divided in two and have a suspended insulated ceiling, insulated walls and completely new wiring plus electric radiators. It has entailed a lot of work, with quotations from various contractors and negotiations on the details with the Parish Council. Although this is costing money from our capital reserves, we hope to recoup this from the rent in about 5 years. **Lettings** . After 18 years the tenant of our self-contained suite has retired and the tenant of one of the upstairs rooms decided to move down into the suite and renovate it. We have re-let the upstairs suite. **Maintenance.** We have continued to maintain the inside of the building as required by our lease with OCC. This has included some window painting and most of the windows are now looking good. We have also had to do some outside painting as the windows were in such a bad state they were leaking. **New Boiler** . Having suffered for a couple of weeks with attempted fixes, we finally realised that the boiler was beyond repair and had to purchase a new one. This was of course an unexpected expense but it does come with a 5 year guarantee and should provide savings on our gas bill. **Finances** . Our Treasurer fell ill in November last year and our Lettings Manager has very kindly taken over the role temporarily. He has done a wonderful job in maintaining the books and producing the end of year accounts. On behalf of the whole Committee I would like to record our huge gratitude to him. Page 1 of 2 ## **The charitable activities which we run are:** - **Lunch Club on Tuesdays and Wednesdays each week** - **Arranging Transport for the frail and elderly to local GP and hospital appointments** - **Mobility Equipment provision for local people** ## **Our outgoings include rent to OCC, internal decoration and maintenance, payment for utilities and subsidy for the lunch club. In order to fund these we let the upstairs rooms, one downstairs suite and some car parking on a permanent basis and hire out the downstairs rooms on an ad hoc basis.** You will have seen from the Treasurer’ Report that we made an operating profit of £4,618 in the 23/24 financial year. However, we have been given a further rent holiday by OCC during 23/24 and this has made a huge difference. We will start paying rent again from April 2025. Last October we had our 5-yearly review and the rent has gone up by about 23%. This is a huge increase, coupled with energy costs increasing by about 25%, particularly as we are unable to recoup much of this from our licensees in the short term. We have paid a 25% deposit on the refurbishment of the East Wing which has affected our capital position. Finally, I should again like to thank the Trustees and our Minutes Secretary for all the hard work they have put in over the past year. They are all very supportive and give of their time and expertise with unfailing cheerfulness. **Mary V Carr, Chair** **Goring & District Community Centre Trust** Page 2 of 2 ## **GORING & DISTRICT COMMUNITY CENTRE TRUST** Registered Charity 1000005 ## **RECEIPTS AND PAYMENTS ACCOUNT: YEAR ENDING 31 MARCH 2024** |2023||| |---|---|---| ||**Receipts**|2024| |13,135.33|Room/Facilities Rental and Room Hire|17,854.16| |550.00|Donations|1,704.50| |8,393.12|Lunch Club|8,406.41| |151.00|Transport Office|132.00| |1,016.13|Interest|1,964.51| |**23,245.58**|**Total Receipts**|**30,061.58**| ||**Payments**|| |320.55|Water|348.01| |1,296.49|Gas|1,717.34| |746.00|Electricity|909.25| |440.42|Telephone|549.20| |9,096.10|Lunch Club|10,139.64| |392.92|Business Rates|228.96| |692.66|Insurance|643.30| |188.80|Boiler Maintenance|384.00| |5,284.49|Maintenance and Improvements|9,321.81| |837.50|Cleaning|801.55| |455.33|Sundries|399.86| |**17,751.26**|**Total Payments**|**25,442.92**| |**5,494.32**|**Surplus for the Year**|**4,618.66**| GORING & DISTRICTCOMMUNITY CENTRETRUST Registered Charity 1000005 BALANCE SHEET ASAT31 MARCH 2024 2023 Current Assets Cash at Banks TSB Savings TSB Treasurer's TSB Lunch Club Cambridge & Counties Bank 2024 11,111.25 6,683.78 2,318.66 71,358.89 28,956.03 4,072.93 0.00 63,062.28 91.472.58 96,091.24 Represented by. General Reserve Balance at 1 April 2023 Surplus forthe year Balance at 31 March 2024 83,978.26 5.494.32 91,472.58 91,472.58 4,618.66 96,091.24 J.,L ¢.L- D D Robinson Acting Treasurer I certify the above Balance Sheet and attached Receipts and Payments Account are in accordance with the books and records of the Goring and District Community Centre Trust as presented to me. DWJamegfcA Independent Examiner o/