due to e￿OrS on their part took substantial effort to resolve.
They are at this point both sorted though we are still
carrying a credit of some £1100 into 2024-5 financial year on
the Water Plus account.
The only other major issue is the question of Community Asset
Transfer from DMBC to the Community Association of Norton or
the creation of an operating lease for the site.
We will cover our current position on this matter following
standard AGM issues.
Other4vise thanks to those who have helped run the centre
effectively for another year.
Financial Report
MT provided a copy of the accounts and then went through an
oveniiew of the accounts for 2023-2024. Approved by KH
seconded by NF.
On the whole the centre is doing well with a moderate increase
in the overall balance. Income from room hire has increased
whilst most expenses have remained consistent with previous
years.
The cleaners, wages had increased in line with cost of living.
We continue to only have one paid member of staff, everyone
else involved with the centre are volunteers.
There was no capital expenditure this fsnancial year.
Note 1: Water, DN explained about the issues regarding the
water meter. We now have a massive credit but unfortunately
can't claim anything back because at the present time we have
no idea how much water we are using and therefore what we
should be paying. It now turns out the meter is faulty and will
need replacing.
Note 2: The bank balance is reasonably high this is due to the
Un￿rtaintY over the lease. We are aware that should be take
on an internal lease there will be multiple costs which we will
have to take on and it is unclear at the present time if this will
be covered by the cu￿ent income from bookings. Therefore, it
was agreed that it would be advisable to have a surplus in the
account to ensure we could support the centre in the first few
years whilst we readjust our pricinglattract new hirers.
Bookings Report
RNC informed the group that bookings continue to doing very
well with several new groups starting. We have lost two groups,
Shaw Trust whose project came to an end and a fitness group.
Due to the increase in bookings hirers fees will remain the
same for the foreseeable future.
Many thanks went to JW, DN & NF for helping to open up the
centre for various groups.

COMMUNrrY ASSOCIATION OF NORTON
RECEIPTS & PAYMENTS ACCOUNT
FOR THE YEAR ENDING 31ST MARCH 2025
2023-24
202ty25
RECEIPTS
23,803.21
432.34
ROOM HIRE
Inlerest from Coventry Building Society
26,722.00
438.37
24,235.55
TOTAL RECEIPTS
27,160.37
EXPENDITURE
1,251.11
2,423.81
83.88
548.57
4,270.00
441.43
Electricity Supply (Eon)
Gas Supply (EON)
Repairs
Waste Disposal (DMBC)
Cleaners
Cleaning Products
Caretaker expenses
Insurance
Window Cleaninq
Fire Extinguisher S8rvice
Performing Rights I PPL
Admin Costs
Miscellaneous
PAC Testing
Severn Trent Water I Wat8r plus
Capital Expenditure
Bank Charges
1,524.77
2,354.39
92.99
587.00
4,380.00
587.93
514.38
60.00
248.40
194.42
6.00
33.42
574.92
203.40
266.28
130.89
162.39
9.816.20
80.36
Note 1
78.80
20,134.37
10,781.37
4,101.18
Surplus l (Deficit) for Year
16,379.00
43,9￿82
Opening Balance at 1st April
48,066.00
48.066.00 Total Accumulated Surplus at 31st March
64,445.00
resented b
32,714.26
15.351.74
HSBC Current Account
Coventry Building Soclety
48,654.89
15.790.11
48,066.00
64.445.00

COMMUNrrY ASSOCIATION OF NORTON
RECEIPTS & PAYMENTS ACCOUNT
FOR THE YEAR ENDING 31ST MARCH 2025
2023-24
202ty25
RECEIPTS
23,803.21
432.34
ROOM HIRE
Inlerest from Coventry Building Society
26,722.00
438.37
24,235.55
TOTAL RECEIPTS
27,160.37
EXPENDITURE
1,251.11
2,423.81
83.88
548.57
4,270.00
441.43
Electricity Supply (Eon)
Gas Supply (EON)
Repairs
Waste Disposal (DMBC)
Cleaners
Cleaning Products
Caretaker expenses
Insurance
Window Cleaninq
Fire Extinguisher S8rvice
Performing Rights I PPL
Admin Costs
Miscellaneous
PAC Testing
Severn Trent Water I Wat8r plus
Capital Expenditure
Bank Charges
1,524.77
2,354.39
92.99
587.00
4,380.00
587.93
514.38
60.00
248.40
194.42
6.00
33.42
574.92
203.40
266.28
130.89
162.39
9.816.20
80.36
Note 1
78.80
20,134.37
10,781.37
4,101.18
Surplus l (Deficit) for Year
16,379.00
43,9￿82
Opening Balance at 1st April
48,066.00
48.066.00 Total Accumulated Surplus at 31st March
64,445.00
resented b
32,714.26
15.351.74
HSBC Current Account
Coventry Building Soclety
48,654.89
15.790.11
48,066.00
64.445.00