FEDORA's sources of income are membership subscriptions with the donations that some supportive residents add on, plus modest revenues from advertising in our twice-yearly magazine. Since inception, all excess funds have been re-invested in the village, often by way of donations to specific projects. Now that FEDORA has been registered as a Community-Interest Company, one of our legal obligations is to reinvest all funds in the community.
FEDORA needs to husband its resources to pay for expert advice on matters such as the road network and improvements, planning matters, etc., and to pay for contractors and supplies for works around the village such as bulb-planting. We have very limited funds available to donate to worthwhile causes in the Village.
Over the years, the organisation has managed to accumulate a small reserve of funds. The audited accounts for the 2019 financial year can be downloaded here. Audited accounts for 2020 will be available once finalised.