2022 Treasurer’s Report

Treasurer’s report to the Annual General Meeting

3^rd November 2022

Year ending 31^st July 2022
In the year ending 31st July 2022 the association brought in income of £766. This consisted of £492 in subscriptions and £274 of donations. There was no advertising income. Expenditure totalled £482.

Added to the balance brought forward from 2020-21, of £4,300, this resulted in a cash balance of £4,584 as at 31st July 2022.

Please see the distributed accounts for the year with prior year comparisons. These are available on the website; www.cvra.org.uk,.and will be published in the next Newsletter. If you would like a copy sent to you please request one by emailing [email protected] .

2021-2022
Subscriptions for 2021/22 are slightly higher those collected for 2020/21. We have not yet manged to recover from the effect of the Corona Virus epidemic, COVID19, as we have lost many distributors and cannot call door to door to collect annual subscriptions. All members were asked to make electronic payments or drop their subscriptions into 48 Croham Valley or 27 Castlemaine and a small number of loyal followers have done so. Without our band of dedicated collectors we have not been able to collect the annual subscriptions but I proffer my sincere thanks to the increasing number of residents who have paid by bank transfer or dropped the funds through my door this year.

The Newsletters are available on line from our website and by personal request. The latest version Spring 2022 has been delivered to all residents by some young local volunteers.

Advertising income for 2021/22 is currently non-existent and will only be recovered when we can arrange a more reliable Newsletter service.

Expenditure is significantly lower for the fifth year running due to the lack of face to face activities and we have continued to ensure that all costs have been kept to a minimum.

As you can see, we have a healthy bank balance, are able to function happily at the current level and have some funds available to invest in new activities.

Thanks
The Executive Committee have asked me to express their sincere thanks to our team of dedicated volunteers including Jaffer Kapasi OBE for once again auditing our accounts. I trust it was not too arduous and that Jaffer will continue in the role for some time to come.

Wendy A Love FCCA

Hon. Treasurer
[email protected]

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