Latest news with #ChristmasLights
Irish Independent
23-05-2025
- Business
- Irish Independent
Income is up at company which runs Sligo BID
In 2023 the company's income was €564,080 and this was increased to €614,052 for the year ending 2024. However, annual expenditure increased from €538,596 to €715,770 which was an annual increase of €176,814 Other operating income was down from €24,075 in 2023 to €10,320 which was a decrease of €13,775. This meant the company had an annual operating deficit of €91,759 as opposed to a deficit of €48,902 for 2023 which is an increase of €50,857. And the retained surplus at the start of the financial year was €209,617 as opposed to €160,715 for 2023 which is an increase of €48, 452 over the year. The retained surplus at the end of the financial year was €117,858 as opposed to €209,617 for 2023 which is an increase of €48,452. Meanwhile, the net assets of the company declined from €209,617 to €117,858 which is a decrease of €91,759. Wages and salaries for a staff of five increased from €133,359 to €152,254 for 2024 which is an increase of €18,895. The company has nine directors and none are paid. Trade debtors amounted to €113, 739 as opposed to €138,366 in 2023 which is a decrease of €24,6d27 And trade creditors amounted to €123,152 as opposed to €112,756 in 2023 which is an increase of 9,396. ADVERTISEMENT The main source of income for the company is the BID levy on businesses which amounted to €391,539 as opposed to €396,764 in 2023. Sligo County Council contributed a total of €71,822 which also included a payment for the Christmas Lights and rent contribution. Sligo Summer Festival yielded €10,000. The Ambassador Programme brought in €44, 853 and the GWS electricity came to €3,284. FI contribution-provision of tourist centre brought in €30,000 and a salary for a night time advisor came to €59,554. Total income came to €614,052. On the expenditure side the big figure is a total of €239.190 for events, festivals and existing town initiatives as opposed to a figure of €123.374 for 2023 which is an increase of €115, 916. Another headline figure is a total of wages and salaries which came to €152,254 as opposed to €133,359 for 2023 which is an increase of €18,895. Other expenses included Sligo Tidy Towns €30,000, Living Wall €20,430, Christmas Events €46,585, Love Sligo Gift Card, €30,802, St Patrick's Festival €38,354, Blooming Sligo €5,560. The total expenditure was €715,770 as opposed to €538,596 in 2024 which is an increase of €176,814.
Daily Record
06-05-2025
- Business
- Daily Record
Perth and Kinross Council to be awarded £97,000 from insurance after Perth Christmas Lights Switch-on cancellation
The annual Christmas event was cancelled in 2024 due to Storm Bert Perth and Kinross Council has been told it will receive £97,000 through its insurance after last year's Christmas Lights event was cancelled due to bad weather. Once received, the money will be reallocated to future events. The news of the successful insurance claim was included in a revised 2024/25 revenue budget report presented to PKC's Finance and Resources Committee on Wednesday, April 30. Last year, PKC took the decision - on the grounds of public safety - to cancel its annual Christmas Lights Switch-on due to take place on November 23 and 24, due to Storm Bert. German dance group Cascada and sing-along band Massaoke were among the acts due to perform. It was the first time - other than during COVID - the event has had to be cancelled. Due to the timescales and costs involved, an alternative date could not be arranged, but the Christmas cabins and Santa Grotto remained in place as planned. In February 2025, PKC's Finance and Resources Committee agreed that - should the council's insurance claim for the cancelled event be successful - the money would be allocated to an earmarked reserve for future events. The updated report by PKC's chief financial officer Scott Walker on the 2024/25 General Fund Revenue Budget - put before the committee on Wednesday - reported the claim had been successful. He said: "The committee was previously advised that an insurance claim had been submitted for the cost associated with the cancellation of the November 2024 Christmas Lights Switch-on. The council has now received notification that the claim has been approved and the sum of £97,000 will be paid. As previously agreed by the committee, when received, this amount will be applied to an earmarked reserve for future events to augment activity in the future."
BBC News
17-02-2025
- Business
- BBC News
Chatteris to celebrate completion of £1m project
Celebrations are planned to mark the completion of a £1m project in a market Town Council has opened a new museum for the town, refurbished its council chambers and provided five community rooms. The project has been funded by the Cambridgeshire and Peterborough Combined Authority and its completion will be celebrated in an event on Friday. Dr Nik Johnson, Mayor of Cambridgeshire and Peterborough, said: "This project is a shining example of how targeted investment can breathe new life into our communities." The town council has converted the former Barclays Bank on Park Street into a museum and community room with commercial offices above. The former museum building shut in 2021 and it started moving its collections in 2023 after outgrowing the premises. The council was then able to move into the building and expand its chambers and offices while extending part of the first floor into residential flats. It said rental income from the flats would go towards community events including the Christmas Lights, In Bloom, youth services, the Pocket Park and Citizens Advice Bureau. Johnson said: "By transforming a disused building into a vibrant hub for culture, services, and community engagement, we're not only preserving the heritage of Chatteris but also ensuring its future as a thriving town centre."The new museum, expanded council facilities, and accessible community rooms will serve as invaluable assets for residents and visitors alike." Follow Cambridgeshire news on BBC Sounds, Facebook, Instagram and X.
