The 2023 Treasurer's report for calendar years 2021/22 is attached as follows:
Wonersh Park Association
AGM 9/6/2021
Treasurer’s report for 2019/2020
2019
The YE 2019 closed broadly flat year on year;
31/12/2018 £5,637.63
Collections +£3,405.00
Expenses -£3,416.59
31/12/2019 £5,626.04
2020
In November 2020 the monthly cost of the gardeners, TSN Property Services, increased from a monthly charge of £275pm to £330pm. This increase was entirely down to a 20% VAT charge now being added to the bill given the size of the gardening operation of TSN Property Services and their current VAT banding.
The WPA committee do believe that the current gardeners have proven to be reliable, do a good job of keeping the islands tidy & well maintained and are still relatively good value.
The YE 2020 closed ;
31/12/2019 £5,626.04
Collections +£2,999.00
Expenses -£3,776.00
31/12/2020 £5,490.04
2021
We currently maintain a healthy bank balance (£6,380.04 at 30/4/2021). We are however recommending an increase in the subscription to £50 per house from 2022 onwards. The increase is to cover the higher gardening costs & to rebuild the buffer for unexpected items that may occur in the future. WPA is fine to accept electronic transfers or a cheque ideally with a name & house reference.
The 2019 Treasurer's report for 2017/18 is attached as follows:
- As at 26th June 2023, we have 95 out of 103 households who are up to date on their subs for this FY – 92% which is a record year and an increase from c. 75% recoverability at the last general meeting. A huge thank you to all residents from prompt payment and to our Street Reps for your support in collating these payments
- Cash Balances
- YE 20 - £5,490 (last General Meeting update)
- YE 21 - £4,875
- YE 22 - £4,747
- Cash balance at BGM = £7,317 with forecast of £2,340 spend (6 x £390 gardening months). Therefore, forecast YE23 will be c. £5,000 depending on ability to bring in payment from outstanding 8 households.
- WPA spend almost entirely made up of garden maintenance spend which is a base level of £4,680 per annum plus ad hoc additions. Small website fee and other sundry items on top of this. We therefore maintain a healthy cash balance of c. 1 year of expenses as per ongoing objective.
- A reminder that it is hugely helpful if residents can move to paying by standing order annually and even more appreciated if these can be dated in Jan/Feb of every year to avoid chasing by street reps. Account details and instructions are on the website
Wonersh Park Association
AGM 9/6/2021
Treasurer’s report for 2019/2020
2019
The YE 2019 closed broadly flat year on year;
31/12/2018 £5,637.63
Collections +£3,405.00
Expenses -£3,416.59
31/12/2019 £5,626.04
2020
In November 2020 the monthly cost of the gardeners, TSN Property Services, increased from a monthly charge of £275pm to £330pm. This increase was entirely down to a 20% VAT charge now being added to the bill given the size of the gardening operation of TSN Property Services and their current VAT banding.
The WPA committee do believe that the current gardeners have proven to be reliable, do a good job of keeping the islands tidy & well maintained and are still relatively good value.
The YE 2020 closed ;
31/12/2019 £5,626.04
Collections +£2,999.00
Expenses -£3,776.00
31/12/2020 £5,490.04
2021
We currently maintain a healthy bank balance (£6,380.04 at 30/4/2021). We are however recommending an increase in the subscription to £50 per house from 2022 onwards. The increase is to cover the higher gardening costs & to rebuild the buffer for unexpected items that may occur in the future. WPA is fine to accept electronic transfers or a cheque ideally with a name & house reference.
The 2019 Treasurer's report for 2017/18 is attached as follows:
| treasurers_report_2017_2018.pdf |