# **Lettsom Gardens Association Trustees Annual Report 2023-2024** 



## **Summary** 

This is the Trustees Annual Report relating to the year 2023-2024, the ninth trading year since Lettsom Gardens Association became a CIO. 

## **The Accounts** 

Lettsom Gardens Association generated its revenues from three sources as is usual: 

- Subscriptions & Keys 

- The Summer BBQ 

- The Bonfire Party 

## **Subscriptions** 

There were 719 subscriptions received in the year. 

The campaign, started in 2017 to chase upstanding orders has reduced the percentage of nonpayers, as can be seen by the improved subscription revenues, up 3% at £5486. 

## **BBQ** 

There was a poor turnout for the annual summer BBQ. Both food and drink sales were down, this was due to competing events and adverse weather and a loss of £425 on the event was recorded. 

## **Bonfire** 

The Bonfire was well attended and deemed a huge success by all.  Additional volunteers were instrumental in delivering a great evening and a surplus of £2109 was generated. 

## **Forest Schools** 

The forest schools programme continues with 4 local primary schools also beginning to make wider use of the gardens, alongside the previous private nurseries. 

## **Other events** 

A Carol Concert was held to raise funds for St Christophers Hospice and this raised £1600 and attracted 120 people 

## **Volunteers** 

Within this year we did not have significant volunteer events 



## **Lettsom Gardens Association** 

## **Accounts 2023-24** 

## **Accounts** 

Below are Treasurer’s accounts for the year ending 31 March 2024. The LGA made an operating surplus of £2974 (£2754 FYE 23) on the year. Our events restarted and showed a surplus thanks to a successful Bonfire night.  Over £1500 was spent on equipment and maintenance this year. Cash in the bank is a healthy £33176 which will allow the Association to further increase its investment into the garden’s infrastructure.  There is an going discussion with the Council regarding the central wall rebuild as funds are not currently available to finance this.  There is a possibility of a Community Asset Transfer. 

## **Lettsom Gardens Account to Year Ended 31/03/24** 

|Opening Bank<br>Opening Cash<br>**Totals**<br>Schools<br>Subs<br>Misc Donations<br>Keys<br>Card Reader 3rd Party Use<br>**Totals (A)**<br>BBQ Costs<br>BBQ Income<br>Summer Party Costs<br>Summer Party Income<br>**Totals (B)**<br>Maintenance<br>Plants<br>Tools and Equipment<br>Keys + Lock Repair<br>Lease Costs<br>Insurance<br>Web/Email/Mtg costs<br>Printing<br>Summer Party Float<br>Refund<br>Donation i.r.o. Archive material<br>Cash to bank<br>Bank Charges<br>**Totals (C)**||**Expenditure**<br>£300.00<br>£15.00<br>£2,924.46||**Income**<br>£29,640.81<br>£798.63|**Totals**<br>|
|---|---|---|---|---|---|
|||||**£30,439.44**|**£30,439.44**|
|||||£200.00<br>£5,486.00<br>£19.65<br>£1,554.00<br>£2,924.46||
|||**£3,239.46**||**£10,184.11**|**£6,944.65**|
|||£1,530.33<br>£1,703.35||£3,639.36<br>£1,275.78||
|||**£3,233.68**||**£4,915.14**|**£1,681.46**|
|||£1,470.00<br>£353.79<br>£99.96<br>£1,840.15<br>£223.00<br>£292.43<br>£423.38<br>£418.09<br>£365.00<br>£36.00<br>£250.00<br>£800.00<br>£60.00||£180.00<br>£800.00||
|||**£6,631.80**||**£980.00**|**-£5,651.80**|





||**Expenditure**|**Income**<br>**Surplus /**<br>**Deficit**|**Income**<br>**Surplus /**<br>**Deficit**|
|---|---|---|---|
|**Total for Year  (A,B,C) Income,**<br>**Expenditure, Surplus / Deficit**|**£13,104.94**|**£16,079.25**|**£2,974.31**|
|Closing Bank<br>Closing Cash<br>**Totals**||£33,176.12<br>£237.63||
|||**£33,413.75 £33,413.75**||