Unfortunately, we are about to be hit with a bill for £2,000+VAT for air conditioning repairs and £850+VAT for electrical works. For context, this is the equivalent of about six weeks of total net advertising income.
The Board and our Treasurer have managed finances prudently over the years and so we have reserves for exactly this kind of eventuality. Many community stations do not and this kind of spend would result in a public appeal and in some cases closure. We have seen many examples of this over the years.
However, this is unwelcome, so please could you start putting together teams now to raise the £12,000 needed to complete a studio refit by May next year. Whether the refit takes place depends on your efforts.
If you don't know how to do this or if you have an idea, please email me