AGM & Financial Results

The shop financial 'year end' is August and normally we would be having a public AGM about now, at which we present the figures for the year.      

That's not happening this year, but I can report that the profit for the year of £9,191 is well above Budget and 2019 due to increased sales and to the grants we have received. This is despite the loss of most of the normal fundraising we would do. Our percentage margin is lower than expected, and we put this down to the rather hectic increased buying and selling we did to support our customers in March, April and May in particular.

Attached below is a summary of the figures. Please click on the icon to download.  Terry (our Treasurer) and I are happy to receive any comments or questions.

Best Regards

Liz Morgan
Chair - Marchington Community Shop Board

Marchington Shop Accounts to 31August2020 Summary2.pdf
click to download