Will <strong>the</strong> car parking be enough?Quite frankly, <strong>the</strong> 15 – 20 car parking spaces is never going to be enough for our needs and especially not if we are all lookingfor on-site parking.The simple commercial reality is that <strong>the</strong>re are not many places available that will have all <strong>the</strong> boxes ticked, for example,car parking, D1 and D2 use, already built and available for immediate occupation, suitable for all our needs, exampleParyushan, Sports and Leisure club etc. And if any properties <strong>of</strong> this nature come along, <strong>the</strong>y will come at a significantlyhefty premium.It is up to members to decide whe<strong>the</strong>r on-site parking is <strong>of</strong> such paramount importance to us that it means <strong>the</strong> automaticrejection <strong>of</strong> this <strong>property</strong>. Please bear in mind that <strong>the</strong>re is o<strong>the</strong>r parking available, both on <strong>the</strong> road, and <strong>of</strong>f site.What is <strong>the</strong> primary purpose <strong>of</strong> <strong>the</strong> <strong>property</strong>?The primary purpose for this <strong>property</strong> is to provide a central hub for our community and to carry out community events. Itis not to generate income through lettings.If this is <strong>the</strong> case, how will <strong>the</strong> <strong>property</strong> fund itself?For <strong>the</strong> <strong>property</strong> to be effectively managed so that it does not run ata loss, <strong>the</strong> day to day operational costs need to be raised. This will bedone through a limited number <strong>of</strong> lettings (at extremely reasonablecost in order to promote <strong>the</strong> venue) and <strong>the</strong> savings made from nothaving to pay hire charges for o<strong>the</strong>r venues.£160,000£140,000£120,000£100,000£80,000£60,000£40,000£20,000£0Income+SavingsExpenditureCapital Expenditure(6 mths)20122013 2014 2015 2016SUMMARY2012 2013 2014 2015 2016Income £14,112 £40,280 £47,795 £79,102 £94,102Savings £6,110 £47,010 £51,840 £57,140 £60,940(6 mths) 2012 2013 2014 2015 2016Income+Savings £20,222 £87,290 £99,635 £136,242 £155,042Expenditure £58,100 £116,200 £122,010 £128,111 £134,516Capital Expenditure £25,000* For comparison purposes, 2011 expenditure at South London Mahajanwadi is approximately £100,0000FUNDINGHow will we raise <strong>the</strong> funds to purchase <strong>the</strong> Property?- Utilisation <strong>of</strong> existing North West Area funds- Raising Donations through <strong>the</strong> EKTA TaktiSchemes- Raising general donations from all MembersTAKTI Schemeso GOLD Donors - £25,001 +o PLATINUM Donors - £50,001+TAKTI Schemeso Ground floor hall – £250,001o First Floor hall – £100,001o Upper First Floor hall – £200,001o Ground Floor Dining Area– £50,001o Entrance Foyer– £50,001o Ground floor kitchen – £35,001o Lift – £35,001o First Floor Rooms - £11,111 (multiple donors)
EKTA Tree SchemeThere will be a Painting in <strong>the</strong> centre <strong>of</strong> <strong>the</strong> EKTA tree and Taktis allocated for <strong>the</strong>parts <strong>of</strong> <strong>the</strong> tree are as follows: -Ø Trunk – £20,001Ø Branches – £10,001Ø Fruit – £5,001Ø Gold leaf – £2,501Ø Silver leaf – £1,501Ø Bronze leaf – £1,001PROUD TO BE OSHWAL