Dear Friend As you can imagine Ashburnham Place is very exposed to the impact of the Coronavirus outbreak that we are all going through. As a place that depends on people wanting to meet together. With the most recent government advice the number of groups and guests coming to stay with us will almost disappear. We find ourselves in an extremely serious and precarious situation. While we have been in a good position financially, we do not have sufficient reserves to survive an extended period of little to no income. We have already taken some decisive steps to try and reduce our risk including; stopping all non-essential spending including capital expenditure, actively marketing individual retreats to try and fill capacity left by groups, we have put in place a non-essential recruitment freeze, we have approached our bank and a couple of other institutions requesting short term loans. Alongside these steps, we are in the midst of 3-phased strategic plan that outlines the further