Steve Clark
Well-known member
Our climbing club has two decent huts in the Lakes. We let them out alternately each weekend to an external block booking. This is the bulk of our income for the year and pays for all our overheads. Keeps our member subs & overnight hut rate low. Typically, we build up a pot of money over a number of years and then spend it on a building fabric improvement once a decade or so (porch extension, new insulated roof etc.)
This last year our income has effectively reduced to zero. We still have some major overheads (insurance, heating to prevent mould, septic tank empty, some emergency tree surgery for safety) and this rapidly eats into the pot saved up over a number of years.
We've received a grant and this has allowed us to go ahead with re-wiring & plastering that we had previously planned, instead of cancelling the work to keep an essential reserve for X more months.
It seemed an odd situation, we did think about it carefully and we left it until the vaccine was clearly on the available path, before we risked using some of the pot. The money was spent with a local business, 20% directly back to gov.uk in VAT and the upgrades had long term energy efficiency in mind. Plus, we are doing the work when the hut is shut so no (further) losses later when it could potentially be open for booking.
This last year our income has effectively reduced to zero. We still have some major overheads (insurance, heating to prevent mould, septic tank empty, some emergency tree surgery for safety) and this rapidly eats into the pot saved up over a number of years.
We've received a grant and this has allowed us to go ahead with re-wiring & plastering that we had previously planned, instead of cancelling the work to keep an essential reserve for X more months.
It seemed an odd situation, we did think about it carefully and we left it until the vaccine was clearly on the available path, before we risked using some of the pot. The money was spent with a local business, 20% directly back to gov.uk in VAT and the upgrades had long term energy efficiency in mind. Plus, we are doing the work when the hut is shut so no (further) losses later when it could potentially be open for booking.