Annual subscriptions. 60 members this year, the same last year.
Joining fees. 5 new members joined in 2018, the same as the previous year.
Table money. Table money was considerably higher last year than in 2017, due to the increase in table money from £1.5 to £2. The average attendance was 6.6 tables per evening compared to 6.9 tables in the previous year.
Simultaneous Pairs. We had 4 tables for the Simultaneous Pairs in July resulting in a donation of £52 to GCBA. We had 7.5 tables for the Children in Need Simultaneous Pair in November which, with additional donations, resulted in £90 passed on to Ecats for Children in Need, in addition to our payment of £21 for the booklets
Bank interest. This is again very little as interest rates are so minimal.
Hire of hall. No change from last year, the Hall hire remaining at £45 per evening.
Catering. No cost again this year as the refreshments that were provided at the half time break have not been recommenced.
Xmas party. No particular comment but cost to the club kept to a minimum as all the food was provided by members.
Accessories. £140.36 was for playing cards and table stationery.
Training. None this year or last.
Administration costs. A one-off payment of £90 for the Scorebridge software.
Miscellaneous expenses. None this year or last.
Insurance. Very similar to last year.
Summary. We had a surplus for the year of £322.30, giving us a year ending bank balance of £929.99
2019. A budget has been prepared for 2019 – if we stay at the average of 6.6 tables per week we will make a small surplus of £55 for the year, this goes to a deficit of £-185 if we drop to 6 tables and increases the surplus to £215 if we average as many as 7 tables per week. All these figures assume we will spend £300 on director training during the year.
It is my view that the table fee should be maintained as it is so maintain our good financial position.
Felicity Hall
5th February 2019
|