BELMONT RURAL LETTERS

BCC ends 2009 with "pleasing" surplus
The trustees of the South Wye Community Association (managers of the Belmont Community Centre) report income of £27,371 and expenditure of £19,284 for year ended December 31 2009, resulting in a pleasing surplus of £8087. The building and contingency fund was £10,055 and the association’s current account £7744. Debtors and prepayments amounted to £3702 and creditors and receipts in advance amounted to only £1116.

Total reserves (buildings, gardens, furnishings and equipment) increased in value from £241,078 to £249,165 due to substantial additions (capital expenditure).

The trustees appreciate the support given by Belmont Rural parish council, Special Metals (Wiggin Division), Herefordshire Library Service and - especially - numerous user groups who helped achieve this gratifying financial position. The trustees pledge to continue reinvesting in the centre this year: to maintain and further improve its facilities, as required and finances permit.

Andy Myatt
February 20 2010

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