Ludlow Women's Centre CIO Charity No. 1156658 Yearly report from the Chair 10/03/2022
After a disastrous 2 year period for ourselves along with many other people, we are starting to pick up again, along with new Committee members and Chairperson.
The pandemic and lockdowns have caused a great loss of income and capital, as we have been unable to attend the Centre, although the cleaner has been in regularly giving everything a deep clean; there has been some deterioration of the fabric of the building. Now we seem to have come through the worst of it, bookings are starting to increase, and we have had success of one grant application for new crockery.
The front door has been the victim of weather and time, and the wood is rotten. Our application for a grant for this has been unsuccessful so far, and as we are concerned about the security of the Centre we have decided to see if we can afford to fund new doors ourselves. The windows also need attention, but also as no grant is forthcoming we have decided to strip off the old paint of which there is so much that the windows are difficult to open and close, with the possibility of breakages, and give them a new lease of life. This will also not be cheap but cheaper than replacement. We have had a donation of large mirrors so we can attract more dance classes, these are being installed this weekend, and the news is going out and classes are being booked.
After a survey carried out last year, it seems we need about £25,000 to bring the Centre up to standard.
We have also started a monthly table top/craft and vintage fayre which is bringing in more income and raising the profile of the
Centre in the area.
We hope that this new year will be the start of new ideas with new committee members and rebuilding the status of the centre in the community.
Kath Webb Chair of Committee
| Ludlow Womens Centre CIO Statement of Affairs Income and Expenditure Account for the Year ended 31st May, 2021 |
Ludlow Womens Centre CIO Statement of Affairs Income and Expenditure Account for the Year ended 31st May, 2021 |
Ludlow Womens Centre CIO Statement of Affairs Income and Expenditure Account for the Year ended 31st May, 2021 |
Ludlow Womens Centre CIO Statement of Affairs Income and Expenditure Account for the Year ended 31st May, 2021 |
Ludlow Womens Centre CIO Statement of Affairs Income and Expenditure Account for the Year ended 31st May, 2021 |
Ludlow Womens Centre CIO Statement of Affairs Income and Expenditure Account for the Year ended 31st May, 2021 |
Ludlow Womens Centre CIO Statement of Affairs Income and Expenditure Account for the Year ended 31st May, 2021 |
Ludlow Womens Centre CIO Statement of Affairs Income and Expenditure Account for the Year ended 31st May, 2021 |
|---|---|---|---|---|---|---|---|
| EXPENDITURE | INCOME | ASSETS | |||||
| Hire of Rooms | £1,211.00 | ||||||
| Insurance | £935.64 | ||||||
| Heating Lighting | £2,742.00 | ||||||
| Repairs & Renewals | £882.20 | ||||||
| Water | £208.97 | ||||||
| Cleaning & Window cleaning |
£1,036.17 | ||||||
| Fire Protection Service | £160.38 | ||||||
| Book-keeping | £240.00 | ||||||
| Expenses other | £263.91 | ||||||
| £6,469.27 LOSS -£5,258.27 |
|||||||
| FIXED ASSETS | |||||||
| Freehold Land & Building Valuation |
£125,000.00 | ||||||
| NET CURRENT ASSETS | |||||||
| Amount held in bank account as at 31st May 2021 statement |
£4,398.51 | ||||||
| TOTAL ASSETS | £129,398.51 | ||||||
| Asset Comparison 2018/19 vs 2019/20 and 2020/21 | |||||||
| FINANCED BY: | 2018/19 | 2019/20 | 2020/21 | ||||
| Freehold Land & Building Valuation |
£125,000.00 | Freehold Land & Building Valuation |
£125,000.00 | £125,000.00 | £125,000.00 | ||
| ADD Balance b/f 1st Ju | 9656.78 | ADD Balance b/f 1st June (starting balance) |
£10,252.74 | £14,054.11 | £9,656.78 | ||
| ADD Income 2020/21 | 1211 | ADD Income | £8,076.50 | £8,725.55 | £1,211.00 | ||
| LESS Expenses 2019/2 | £6,469.27 |
LESS Expenses | £4,275.13 | £13,054.88 | £6,469.27 | ||
| £4,398.51 | |||||||
| £129,398.51 | Balance at end of financial year |
£14,054.11 | £9,656.78 | £4,398.51 |