What is the current membership and financial position of the Supporters Trust?
Everything that has been achieved has happened in the short period since the launch of the Supporters Trust at the end of August 2004. As of Monday 1st May 2005, the Supporters Trust has 190 members. There has been a significant increase in membership since the start of 2005. Donations and members’ subscriptions have raised approximately £26,000 out of which we have paid costs of approximately £2,400 including the costs of mailings, printing application forms and membership of Supporters Direct, the umbrella organisation for Supporters Trusts. Cash in hand to fund future expenses and pay the second instalment of the share purchase is a little over £8,000. We also have standing orders from those who pay monthly or annually and hence even without further members the funds would increase from this level. Assuming all those who pay annual subscriptions renew for season 2005/2006, the funds raised by the end of 2005 are projected to be well over £30,000.
