Thanet RC Draft Accounts

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Presentation transcript:

Thanet RC Draft Accounts 2015-16 Monetary value of club has decreased. Two one-off items of expenditure. Generous donations from several sources. Clothing stock levels currently good. Propose that subscriptions for 2016-17 be held at current rates.

Category Breakdown Category Income Expenditure Affiliations £2,526.00 £119.00 Club Events £6,317.40 £9,404.86 Social Events £3,332.05 £3,480.00 Clothing £4,464.00 £6,234.40 Donations £2,330.00 £595.00

Category Breakdown (Cont.) Category Income Expenditure Go Ride £466.50 £413.00 Sundries £4,592.00 £6,537.01 Totals £24,028.39 £26,783.27 Defecit - £2,754.88

Thanet RC Draft Accounts 2015-16 Cash value of TRC at 03/11/16 Community Account £5,630.44 Business Saver A/C £2,569.42 Lottery Account £768.98 Cash in hand £900.71 Total £9,869.55

Donations We have had a number of donations in monetary terms this year. These helped in funding Go-Ride activities, training of coaches, rider training, and the new ladies racing series. The donations have also help fund the Youth Development Team and the youth riders moving up to the Race Team.

Donations, Continued Major donations were received from Adalta CC, Deal Tri and VC Deal to fund the trackside building at Betteshager Country Park. The club also donated £1,500 from club funds for this project.

Clothing Stock Levels New design valuation £2,259.58 Old design valuation £40.00 Race Team valuation £255.44 Total £2,555.02 Robert Sissons currently has a few items of the old design to clear at reduced prices.

Equipment & Assets Trophies. Bikes, rollers, heart rate monitors, i-magic turbos, Garmins. Walkie talkies, watches, first aid kits, road signs, race numbers, flags, bells, bibs, cones, etc. Tea bar kit. Container sited at Betteshanger CP.

2016-17 Subscription Rates Seniors £20.00 Juniors £10.00 Juvenile / youth £6.00 Second claim £12.00 Over 60 £10.00 Social £5.00 Family £35.00