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Martin Kaiser / 19 November 2020

Clare Camogie Treasurer’s Report 2020

My second year as treasurer of Clare Camogie has been heavily influenced by the impact of
Covid-19 onto our sporting and fundraising activities. The governance structure implemented
the year before allowed us to keep control of our finances in a very different year.

Our total income reduced by nearly €100,000. €20k of this is from lower capital grants as we
have finished our dressing room project, but nearly €50k was caused by heavily curtailed
fundraising activities and virtually no gate income, while the remaining difference came from
lower members contributions and sponsorship. On the cost side, the postponement of most
county team activities and the cancellation of some others have automatically reduced cost by
€70k, but very stringent cost controls have allowed another saving of €20k, resulting in a total
cost reduction of €90,000. While the surplus of income over cost has reduced by €10k we were
still able to invest close to €30k into field improvements and the new scoreboard and at the
same time kept reducing our debt by €20k.

At the end of our financial year we are in a very healthy position, but the restart of intercounty
activities in the fourth quarter of this year will bring significant cost that we did not have in
previous years and our focus has to remain on minimising cost and at the same time get some
of the lost income from sponsorship back while the teams are in action.

I would like to thank all clubs in the county for the acceptance of the membership based 300-
Club levy at the last AGM, which is providing a secured income for further development of our
county grounds at Fr. McNamara Park for future years. Knowing the difficulties all clubs had to
endure during this very special year we have decided to reduce the levy by 50% for 2020, which
is somehow reducing our short-term ability for significant additional investment, but with the
full levy next year we should be able to work towards our long-term goals.

I would like to sincerely thank everybody in Clare Camogie for supporting our financial
governance structure and processes in the best interest of Clare Camogie. I would also like to
thank our chairman Joe O’Donnell for his guidance and support throughout the year, the
Finance Committee for achieving some fundraising despite Covid-19 restriction and a special
thank you to Brid McNamara, who with her “Walk to Croker and back” fundraising initiative
found a niche for fundraising in a Covid-19 environment and achieved nearly €16k income for
Clare Camogie, but she had to work long and hard for it. Finally, I would like to thank all my
fellow officers for their help to keep our finances under control and last but not least, a big
thank you to all clubs and their county board delegates for your continued support throughout
the year. Without all this help I would not have been able to achieve what we have achieved.

Thank You to all of you

Martin Kaiser
Treasurer Clare Camogie