Ty Pawb Report
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Posts
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Employees cost is expected to rise from £316k this year to £499k next year. A whopping 58% rise. Are they hiring a load of new employees, or are the existing ones getting a massive pay raise?
I don’t know how the increase comes about, but it was spoken about at the meeting that in order to get an Arts Council of Wales grant of, £200k they had to take on two extra staff.
So in order to get 200k they spent 183K on two extra staff on 91k each. Nice work if you can get it.
The level of creative accounting in these reports is astonishing. Showing grant income as if it is totally free of any additional expenditure is in my mind a deliberate attempt to distort the overall picture.
Putting the Arts Council Grant in as a committed sum when they have not made their 2024/25 funding round announcements yet is just wrong.
How did the design of the building get through the Council Building Regs Department without having all of the heat loss factors taken into account? Who authorised a design that eats up energy? How could the building win design awards when there are such fundamental flaws?
Did the Lead Member have the right information on which to propose the acceptance of the design? If not why?
If you strip out the Arts facility from the report finances it looks like all the stall holders need to pay 400% + in rents and service charges for the market element to be anywhere near breakeven!!
The deteriorating state of the car park which is the key internal part of the building runs the risk of major incident.
Was the car park build with RAAC concrete, does the Council even know? Massive water ingress is potentially making the building unsafe to the level before Ty Pawb was created when the surveys ‘Tell Tale’ readings was showing the level of deterioration.
URGENT safety work is needed now or get out of the building until someone give a clean Health and Safety certificate.I agree with you DJ the way the accounts/reports are produced does not reveal the true picture of Ty Pawb.
There should be two separate income and expenditure reports, one for the square metres market area, and one for the square metres arts section area.
The total space of the market area, less the total lettable space in that area, is then divided into the total service charge cost to give a cost per sq metre. This is then recharged to each individual stall through a service charge by the area of their stall. Empty stalls being the responsibility of the landlord.
The present set up does not show the vulnerability of grants (income) to the arts section. If the present occupancy level of around 85% does not cover the market section overheads etc, then somebody is not doing their job properly.
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