Retail Charity Bonds PLC announces that the following statement has been published by The Alnwick Garden Trust (the “Charity”):
The Alnwick Garden Trust has experienced a positive first quarter since reopening at the beginning of April. It welcomed over 82,778 visitors to The Garden from April to June which is similar to pre-COVID levels. Revenue streams other than admissions also performed well with Adventure Golf and Catering income performing particularly well. Initial visitor numbers were sluggish in April and the situation was compounded by an unseasonably wet May, however fortunes turned at the end of May. June visitor numbers were the highest experienced since 2005 when Phase 2 of The Garden opened.
In terms of social impacts, the Charity was able to restart most of its community programmes in May. The Elderberries Drop-In Centre is now open, and a full programme of activities is in place for the rest of the year. The Gentlemen’s Garden and Young Gardeners programmes commenced in June. A new “Children go Free” campaign was also launched in July and has been well received by visitors. This new offer sets The Garden apart from other visitor attractions in the North East.
In terms of liquidity, the Charity’s funds continue to recover well with free reserves being at a similar level as pre-COVID levels.
The Lilidorei development remains on track. The construction team has made good progress with the enabling works. The final structural site layout is now being finalised.
For further information please visit www.alnwickgarden.com