Our bank accounts
St Leonard's Management is an entirely independent charity with its own bank accounts. All our money is kept completely separate from all other organisations.
We have two bank accounts: one for specific projects such as the new heating system, and one for the daily upkeep of the building. Money for the daily upkeep of the building is kept completely separate from moneys raised for specific projects such as the new heating system, which are ring-fenced in a separate account.
We have two bank accounts: one for specific projects such as the new heating system, and one for the daily upkeep of the building. Money for the daily upkeep of the building is kept completely separate from moneys raised for specific projects such as the new heating system, which are ring-fenced in a separate account.
How much money is needed for the daily running of the building? |
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Where does the money for the daily upkeep and running come from? |
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The daily upkeep and running of the building requires us to pay for:
- repairs and maintenance - electricity and other utility bills - insurance - cleaning |
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Our funds come from:
- profits from the Gallery Cafe; - letting out the building for meetings and events; - fund-raising activities such as 'Made in HR6' - grants and donations, including a regular donation from the PCC. |
In 2023 we are likely to require in the region of £28,000 just to keep the building up and running - that's about £75 a day. It could be even more if any unexpected repairs are needed.
In common with many community buildings, we suffered a dramatic loss of income because of the pandemic. One of our main priorities over the coming few years will be to stabilise our finances.
In common with many community buildings, we suffered a dramatic loss of income because of the pandemic. One of our main priorities over the coming few years will be to stabilise our finances.
