Firstly, we apologise for not writing our newsletter earlier, we now have a member of the team in place to help produce a quarterly newsletter going forward.
In respect of your investments, we would like to formally notify investors that once our Accountants have completed the end of year accounts, we may be able to pay dividends which would be announced at the AGM on Sunday 17th May at 6:00pm at The Village Hall, Skeeby.
What have we been doing during the year to secure your investment:
We have been meeting with the Tenant on a regular basis to ensure that the Travellers Rest at Skeeby is providing a resource for the community that remains solvent and catering for all.
We continue to work with the Plunkett Foundation who are helping us to reformat the contract between the SCPS and the Tenant to ensure that there are no misunderstandings.
We have had to fund the replacement of the extract fan in the kitchen, and the tenant has had to replace a fridge which has broken down.
The SCPS have been trying to encourage the tenant to open more regularly particularly during bank holidays.
We are looking at ways in which we can assist in the improvement of the pub, by working with the tenant to upgrade the interior design of the Garden Room, by engaging a local interior designer who is looking at ways of making the room more attractive to diners etc.
We have applied to the local Solar Company for a grant to assist with the construction of a car park. The current chosen location is within the proposed housing development. The Project architects are doing their best to keep us up to date with progress in respect of this development, and in the meantime, subject to receiving the grant, we are going to discuss with Lord Zetlandabout a temporary car park until the proposed development becomes a reality.
Also, we have looked at other projects that will improve our investment as follows:
· Replacing the windows to the front elevation.
· Providing solar panels on the roof to reduce costs for the Tenant and therefore making the pub a better proposition going forward.
· It has been pointed out to us that the current kitchen is too small, therefore we are going to investigate improvements, which may include linking the main kitchen to the prep kitchen.
These improvements will be dependent on selling more shares to fund the proposal.
We would like to extend the SCPS Board,and are therefore looking for new members. We were recently joined by Andrew Lovell, a longstanding member of our community, but I must report that we lost a longstanding member of the Board when Jorge Helmanis left us earlier this year.
We are always interested in hearing from shareholdersand therefore should you wish to contact us please do not hesitate to contact the Secretary at : secretary@thetravellersrestskeeby.com