Cash in Hand
JSOA Cash in Hand at the end of June 2024 stood at $66046. Of this $7771 has already been spent in the financial year 2024-25.
Gain/Loss
We are fortunate to have a base income particularly from rent of the Cottage. The profit for 2023-2024 was $7603.73.
Grants
- In March 2021 JSOA received a grant of $ 9012 from the Foundation for Rural and Regional Renewal for kitchen renovation. With the floods in February and March of 2022, much of this remained to be expended in the 2022-23 and 2023-24 financial years. It is now acquitted.
- There was significant damage to the Cottage and Hall during the February 2022 floods. A grant of $24,981 was provided by Services NSW for flood recovery in June 2022. This was partly expended in the 2022-23 financial year, continuing into 2023-24 when it was acquitted.
Cottage
Rent presently stands at $220 per week. Our long-standing tenants have been very tolerant of discomforts from the occasional too-loud event.
Tower Preschool
Licence fee (rent) for the preschool remains at $197.68 per month and amounts to $2,156.52 per year. With the aging of the building, there is an imbalance between fee income and expenditure on maintenance and repairs and this is likely to continue. Tower pre-school pay half the electricity costs incurred by the Hall and the Pre-school combined.
Hall Hire
Hall hire brought in $3463.64 in 2023-2024. These were again lower than usual.
Fundraising
The annual Christmas Party, Pizza nights, Clothes Swaps, Seed Swaps and catering for Hall hirers netted $5843.55 in 2023-2024.
Other Income Steams include donations and membership fees.
Other Expenditures
| Hall Insurance & Public Liability | $4345.55 |
| TPS Insurance | $977.24 |
| House Insurance | $1943.23 |
| Total Insurance | $7266.02 |
| Electricity (incl. TPS) | $1078.29 |
| Accounting | $515.49 |
At the same time, we have had the usual expenditures which include the biannual Firestop safety checks, cleaning, yard and general maintenance.
Regards,
Allison Smith