Treasurers Report June 2015
From latest (May) bank statements.
Current Acc Deposit acct Petty cash
£ 9,196 £ 8,152 £ 0
Less un-presented cheques £744 £ 8,452
The Village Hall Deposit account stands at £8,000. It earned circa £6.00 last year and in the type of account it is in it will never earn anything like a market rate. I suggest we investigate lodging this money in an account where a better rate of interest is paid.
Banking arrangements for the Village Hall are apparently designed to maximise bank profits whilst keeping the treasurer in the dark. There is no possibility; it appears, of getting online access, even read only, of our accounts. I suggest we should consider doing something to improve this state of affairs.