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harkirit boparai raised £15,968.15 from 605 supporters

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Closed 14/07/2020

106%
£15,968
raised of £15,000 target by 605 supporters

    Weʼve raised £15,968 to Keep The Crescent afloat during Coronavirus

    Funded on Tuesday, 14th July 2020

    What is crowdfunding?

    Crowdfunding is a new type of fundraising where you can raise funds for your own personal cause, even if you're not a registered nonprofit.

    The page owner is responsible for the distribution of funds raised.

    Story

    UPDATE:

    Yesterday we received our £10k grant from the government via York Council.

    We’ve also spent the last two weeks renegotiating with all our suppliers, deferring whatever possible and working out other efficiencies we can make in utilities etc, as well as what the expected government help with our staff wages will be.

    As a result, we are reducing the amount we are crowdfunding to £15k. This represents the difference in grant money we would have got with a more accurate rateable value that most other pubs will be getting (25k as oppose to 10k), and will cover our liabilities for the next couple of months. There are a lot of peculiarities within rateable values system that means some businesses get more or less than others: some venues won’t benefit at all.

    Anything over this amount will be donated to MVT’s central #saveourvenues campaign, which aims to stop any venues shutting down as an immediate result of COVID-19.

    This will not cover the expected costs from re-opening, like the deferred bills and restocking. It reflects the amount we need to open our doors again at the end of June. We'll be needing all your support once we do reopen as well.

    But it does mean we are already halfway to achieving the new target! We want to say a massive thank you to everyone who's donated so far. We know that everyone is hard hit by this crisis, and there are plenty of worthy causes out there to donate to. We promise we'll throw some massive parties for you as soon as we are able to!

    We’re also working with Nigel Rogers on some t shirt designs we will be sharing shortly, as well as hopefully some artist streams for you to enjoy!

    Dear all

    Following the most recent statement from the Government advising the public to avoid pubs and social gatherings, we are shutting The Crescent, including the Front Bar, for the time being. All shows and events for the next two weeks have been cancelled or moved (please check website or facebook events for further details). We will be reviewing the situation for other shows over the next couple of months.

    All tickets will remain valid for rescheduled dates. Tickets can be refunded, but we would ask you to consider supporting the venue and artists by not refunding them if you are able to afford to.

    This is not a decision we take lightly. As a music venue, community focal point and pub, our income is entirely dependant on bar sales. However, as responsible citizens, we need to do our part in avoiding the virus spreading further.

    We are fundraising to help keep us afloat during this period with zero income. We have significant overheads to pay: Mortgage, utilities, VAT, staffing, fees for cancelled shows, loans... these add up to approximately £3,500 a week. We may be shut for up to 12 weeks. We also hope to do some essential maintenance work during this down time.

    As of yet there is absolutely no word on what support will be available to our sector, and insurers are refusing to cover anything related to COVID-19. The general feeling in the industry is that the Government have not made closure compulsory and that we therefore are unlikely to be able to claim anything.

    This is going to be a trying time for us, the arts industry, the nation and the world.

    Stay safe all

    The Crescent

    x

    Updates

    3

    • harkirit boparai3 months ago
      harkirit boparai

      harkirit boparai

      3 months ago
      Update from the Page owner

      THANK YOU FOR YOUR DONATIONS We've been able to use this money to pay essential bills and do some bits of repair work around the venue. We're now hopeful of another grant through the Gov's recent announcement of more funding for the cultural sector, and we'll update you about how this goes. Thanks again! The Crescent Team x

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    • harkirit boparai7 months ago
      harkirit boparai

      harkirit boparai

      7 months ago

      The chancellor's budget announcement yesterday was not encouraging. We have a rateable value of £9k. This means that we can only access a £10k cash grant in April, and the other grant measures for hospitality industry are currently not applicable. Our mortgage provider believes that the advice on mortgages only applies to domestic mortgages, not commercial. Our next payment is next week. This is not enough to keep venues like ours open.

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    • harkirit boparai7 months ago
      harkirit boparai

      harkirit boparai

      7 months ago

      An email from our insurers today. We are not covered in any aspect for COVID-19 : even if the Government orders a shut down. They must act now to end this absurd situation.

      Update from the Page owner

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    7 months ago

    harkirit boparai started crowdfunding

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    Page last updated on: 7/11/2020 10.17

    Supporters

    605

    • Anonymous

      Anonymous

      Jul 5, 2020

    • david

      david

      Jun 29, 2020

      £20.00

    • Anonymous

      Anonymous

      Jun 29, 2020

      £20.00

    • Anonymous

      Anonymous

      Jun 28, 2020

      £30.00

    • Anonymous

      Anonymous

      Jun 28, 2020

      You've made the right call.

    • Anonymous

      Anonymous

      Jun 27, 2020

      £15.00

    • Graham Huntington

      Graham Huntington

      Jun 27, 2020

      You are quite right to stay closed for all of the reasons you give. Led by donkeys. Take care of yourselves

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