A community group providing services for more than 2,000 people each week is closing due to rising rents, it was revealed today.
Pool Hayes Community Association in Walsall will fold at the end of April after 32 years because costs have rocketed by 143 per cent. The group pays rent to use buildings on the Pool Hayes Arts and Community School site. But bosses say the increases imposed by the school – which would have added thousands to the annual bill – mean it cannot makes end meet.
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Headteacher Matt Allman said:
“The community association’s reduced funding is reflected in our own and we are unfortunately not in a position to financially assist.”
Re – Closure of Pool Hayes Community Association
At a meeting of the Board of Trustees which took place on Friday 28 March 2014 it was agreed that Pool Hayes Community Association ceases to trade on Wednesday 30 April 2014.
Although this decision was not taken lightly by the Trustees they had no alternative option due to the 143% increase in premise costs levied by Pool Hayes Arts & Community School to the Community Association for the use of the facilities.
It is with regret that such a decision has had to be made following a successful 32 years of trading but as our income is not increasing there are little monies available to cover the massive rise that has been imposed on us by the school.
The Management Team and Board of Trustee Directors would like to take this opportunity of thanking you for all your continued custom over the previous years.