General
2022 shows a good improvement on the last few years. We have been able to be up and running fully and been able to get some much-needed building works completed on and throughout the building which had both a positive impact on the building itself and the service we provide but of course this has affected our bank account albeit necessary. We are intending to source future funding for any other works (such as reception updating), there has also been an agreement from Sustainable Pendeen to use their £1000 prize money as match funding for this should it be needed. We have had a slight improvement on the hall hire with the Food for Families Cooking classes booking in November 2022, as well as some other new short-term hires through the year. We want to focus on one off hires for parties and events this year to increase our income streams. We have had a small increase of snooker members which is always beneficial however the snooker meters have needed some work done which has had an impact on snooker subs as we haven’t been providing the best service to them, this is improving with the new meter now working. We have chased and barred the remaining snooker members as necessary so, all subs are up to date. We have purchased a new snooker iron which is being appreciated by the members. We have secured a grant of £5000 from Volunteer Cornwall, paid as a contribution to our general and specific costs of being a Warm Hub from October 2022 – end of March 2023, which has helped the bank balance as we close the financial year.
Income
Total income for the year including all grants amounted to £31,407.24 The key contributions to this were grants totalling £5957.01, book sales at £1006.79, hall hires £5864.60, printing £581.79, snooker subs £500, this and that sales £2768.60, fit payments £1387.56, Sustainable Pendeen £1356.58.
Expenditure
The total expenditure for the year amounted to £32,723.45. Building maintenance and improvements totalled £14077.01 for the year this is from improvements to the porch, roof and a variety of visits from other individuals who have helped with the maintaining and running of the centre. The cost of the caretaker this year totalled £7600.95.
Future
We are hopeful that with the new trustees on board we will be able to move forwards and secure further funding and host more fundraising events to continue to improve and sustain the centre. We are feeling positive about sourcing more funding although we did not have success securing the grant at the end of last year at short notice, we are aware of a selection of other sources
for grants/further funding which we are intending to apply for as they arrive in the new year.