TWYFORD BRIDGE CLUB TREASURER’S REPORT 2017

The full accounts are provided and are included on the website.

In summary, the club is in a healthy financial position with around £6,300 in the bank. Our Gain for the year was £753, compared with £600 last year..

There are no major changes. Some of the highlights are:

1. Table monies and membership fees are largely unchanged year on year, but, in view of the large bank balance, we propose to reduce the membership fee to £5 next year at a cost of about £400.

2. Both Party Income and Expenditures are reduced. We reduced the price of party tickets and propose to continue that reduction this year.

3. The amount spent on Supplies this year includes table cloths and blinds, whereas last year we also purchased a computer, dedicated to the dealing machine. Our plans for the coming year include new tables, cards, extra boards and two new bridgemates. This will take the total number of bridgemates to 20, which we feel is our maximum capacity in our current venue. We anticipate expenditures on supplies in the current year of at least £1,000.

4. We had no training expenses this year, but there may be some in the coming year associated with the imminent changes to the laws.

Diana would like to thank you all for making collecting table monies easy by having the right money available and, when arriving late, finding Diana to pay.

Ian Haigh for Diana Mason