Treasurer’s Annual Report

October, 2023 to year ending September, 2024

The last financial year has been quite successful in terms of our financial performance.

Although we had an annual loss of £211. 41, we more than compensated for it with our acquisitions of fixed assets, which were purchased at well below their true value. We spent £253 on a new PA system in June and £84 on a new laptop computer in March. A total of £337 swas pent on needed items, which will be depreciated by 10% per annum from this financial year onwards.

We are fortunate to have a friendly and generous Membership who are extremely supportive in keeping our Campaign financially flourishing and active.

I received a letter from the Group Chief Executive of the Coventry Building Society in January. advising us that The Co-operative Bank is now part of the Coventry Building Society family. This Society has now officially completed the purchase of the bank. But for now, it’s business as usual, and they will keep us informed if anything changes. As we currently enjoy holding a business account without any fees, I shall keep a close eye on any changes they intend to introduce.

The Annual Statement of Accounts is overleaf for your perusal. It has been examined by Independent Examiner Izzy Isaacs. Thank you all for your valuable contributions.

Best regards,
Robert C. Howes (Hon. Treasurer)