The 2016 AGM was held on 5th May at the Arch Hotel, Great Cumberland Place.  The 2015 accounts closed with a surplus of £ 144,044; this surplus being credited to the reserve fund which serves to finance major works.  During the meeting, the Chairman presented a detailed analysis of the building’s recurring costs, and an overview of forthcoming refurbishment projects for the year ahead, including the replacement of the second boiler and refurbishment of the landings.