Friends of Verdin Park
Treasurer’s Report
Inaugural Annual General Meeting — 4 July 2026
This report covers the financial activity of Friends of Verdin Park from the opening of the Group’s bank account in December 2025 to 27 June 2026. All funds are held in the Lloyds Community Account (account ending 8860).
Total Income
£2,056.78
Total Expenditure
£119.75
Closing Balance
£1,937.03
as at 27 June 2026
Income
| Source | Amount |
|---|---|
GoFundMe donations (net of platform fees) £724.00 raised · £27.78 platform fees · £696.22 transferred via Adyen N.V. across five payments (Dec 2025 – Feb 2026) | £696.22 |
Tai Chi in the Park (session income) Payments received from C. Ellis: £20.56 (May 2026) and £125.00 (June 2026) | £145.56 |
Cheshire West and Chester Council — Community Grant Restricted grant for sourcing and stocking planters in Verdin Park. Received 11 June 2026. | £1,215.00 |
| Total Income | £2,056.78 |
Expenditure
| Description | Amount |
|---|---|
Tai Chi in the Park — session costs Two payments to Joanne Perry (May and June 2026), £45.00 each | £90.00 |
Lloyds bank service charges Monthly charge of £4.25 × 7 months (December 2025 – June 2026) | £29.75 |
| Total Expenditure | £119.75 |
Restricted Funds
The closing balance includes £1,215.00 held as restricted funds, being the CWaC Community Grant awarded for the planters project. These funds may only be used for sourcing and stocking planters in Verdin Park. The project is currently in progress. Unrestricted reserves as at 27 June 2026 stand at £722.03.
Notes
GoFundMe campaign.The Group’s crowdfunding campaign raised a total of £724.00 from public donations. After GoFundMe platform fees of £27.78, the net amount transferred to the Group’s bank account was £696.22, received across five payments between December 2025 and February 2026.
Tai Chi in the Park. The Group has been running a Tai Chi programme in Verdin Park. Session income collected by C. Ellis totals £145.56. Against this, session costs of £90.00 have been paid to the session leader, Joanne Perry, resulting in a net surplus of £55.56 from this activity.
Bank account. The Group holds a Lloyds Community Account (ending 8860). All payments require two signatories in accordance with the constitution. The account was opened in November 2025 and the first transactions were received in December 2025.
Approval. Members are asked to receive and approve this report at the AGM.