We are a Charity and unlike a business, we do not exist to make a profit. However, we must make every effort to balance the books. We provide services to the local community and any charges that are made to clients are subsidised by Vine Community Trust. In the past we have received grants from both Northants County Council and Kettering Borough Council, which have accounted for approximately 20% of our unrestricted income. The grants were reduced to 15% last year and we are expecting this to be reduced to 8% from next year, thus losing more than £32k across 3 years.
In the financial year ending 31st March 2019, the running costs were approximately £275,000, and we spent 99% of our income on our charitable activities. Given we more or less broke even over the last two years, a potential loss of 12% of our income will present a big challenge to our fundraising effort, particularly as our running costs are only likely to increase.
On the income side, we run a monthly 300 Club draw, very popular monthly coffee mornings and luckily have "Friends of Marlow House" who commit to monthly payments to support us. We have a spacious first floor function room with a lift access, fully fitted kitchen and full toilet facilities. We offer the room for hire for social gatherings - parties, wakes, meetings etc, and to regular groups and clubs to hold their weekly or monthly meetings.
We also work hard promoting Marlow House and fundraising at our regular quiz and supper nights, annual stalls at Desborough's 1940's Day and Christmas Gala Night, plus lots more including our annual golf day which last year raise a significant amount of £2800.
Our Fundraising Coordinator, Lynda Cosgrove sends out a regular newsletter via email. Should you wish to recieve her newsletter please send an email to Lynda at firstname.lastname@example.org