1. Sussex Nomads CC AGM Treasurer’s report
Yuriy Tymchenko

2. Agenda Treasurer’s update on completed & ongoing activities
Club financial 1710A (Actuals)
2017 Jan - Oct Cash Flow Trend Graph
Cash flow breakdown report
Q&A

3. Treasurer’s update on completed & ongoing activities
Closing Santander bank account and transferring all operations to Lloyds Business Account.
Cheques & cash operations reduced to the minimum.
ease of day to day accounting.
Improved financial control and reporting.
Nomads Account information is in secure IT cloud. It is always up to date. Read access to all SNCC Committee members.
Regular club finance update during the Committee Meetings.
Automated checker between All Transactions log and Actuals to make sure no missing records, all balanced.

4. Club financial 1710A (Actuals)
As 02/11/2017
Paypal - £832.48
Lloyds bank - £4,182.48
Cash - £100.52
Total: £5,115.48
Development Fund - £ (not separate, but part of Total amount)
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Cycling Kit Stock (both GC & Kalas) - £2,231.24

6. Cash flow breakdown report
Membership
doesn’t include fees from new members who purchased a shirt (these are included in Clothing). Outgoings are mainly PayPal fees.
Clothing
Running 2 stocks – Gear Club & Kalas. Negative Net in £ due to new investment in stocking Kalas cycling kit. No new procurement for GC kit, pricing is lowered down to speed up the sales and clear off the stock.
Annual Dinner
Loss due to the cost of running the event exceeded the amount of payment by participants.

7. Cash flow breakdown report
Affiliations
British Cycling, Surrey Cycle Racing League, SCA (Surrey Cycling Racing League), SERRL (Sussex East Road Racing League), London Women's Racing League, SCCU (Southern Counties Cycling Union) and CTT (Cycling Time Trials)
Club Time Trials
HTT & TT levies paid of £628
SNCC HTT entry fees of £688
SNCC HTT winners payment is not fully processed at this stage
Club Races
Surrey Cycle Racing League price money cheque of £ STEPHEN CHINN & STEVE NOAKE

8. Cash flow breakdown report
Trophies & Prices
New 2017 Roger Brown Trophy - KC life award
Engraving & maintenance cost
WHITBOURNE MUGWORK for Nomads Hill TT winners
Development fund
The committee agreed a while ago to put aside £2 from each membership fee towards the 'Development fund' pot.
Raffle Tickets sell - £100.0
Season sponsor for the SCRL, Preston Park Track League - £200.0
World Bicycle Relief charity donation - £700.0
Beanstalk charity donation (Sally's challenge) - £100.0
£50 donated to Helen Codling’s charity as a thank you for organising Hill Climb refreshments.

9. Cash flow breakdown report
Miscellaneous
Account operational activities
Santander account closure and transfer of funds.
Periodic transfer funds from PayPal to Lloyds SNCC business account.