Annual General Meeting1st March 2012

2010-11 What a Year!

• From this .....

2010-11 What a Year!

• To this .....

2010-11 What a Year!

• From this .....

GloucesterCredit Union Limited

2010-11 What a Year!

• To this .....

Membership

2006/07 2007/08 2008/09 2009/10 2010/110

50

100

150

200

250

300

350

400

Shares

2006/07 2007/08 2008/09 2009/10 2010/11£0

£20,000

£40,000

£60,000

£80,000

£100,000

£120,000

£140,000

£160,000

£180,000

Loans

2006/07 2007/08 2008/09 2009/10 2010/11£0

£10,000

£20,000

£30,000

£40,000

£50,000

£60,000

£70,000

£80,000

£90,000

Our Share to Loan Ratio

2006/07 2007/08 2008/09 2009/10 2010/110%

10%

20%

30%

40%

50%

60%

70%

Profit/Loss

2006/07 2007/08 2008/09 2009/10 2010/11

-£6,000

-£5,000

-£4,000

-£3,000

-£2,000

-£1,000

£0

£1,000

Reserves

2006/07 2007/08 2008/09 2009/10 2010/11£0

£1,000

£2,000

£3,000

£4,000

£5,000

£6,000

£7,000

£8,000

Our Future Plans• To grow the membership to 600• To have shares of £220,000• To have £132,00 out on loan• To increase our loan to share ratio to

60%• To pay a dividend to our members

Our Thanks go to....

• Our funders– Bromford Housing Association– Cheltenham Borough Homes– Gloucester City Homes– Gloucestershire Housing Association– Gloucestershire County Council– Cottsway Housing Association– Oxbode Housing Association

Our Thanks go to....

• All our volunteers– The collectors– Those who help out in the back office– The supervisory committee– The credit committee– The board members

And last but by no means least ...

You, our members