Page 5 - Demo

TREASURER’S NOTES
n last year’s report there was no mention of the pandemic, an oblique mention of the possibility of chang- ing some of our internal systems and a
little prod to our 12 regional salesmen for a more hands-on nancial involvement. The long and the short of the pandemic riddled 2020, was the op- portunity to radically re-design our nances and to take the long-awaited step to improving
the accessibility of the membership database.
Starting with the database there has never been any doubt about the day-to-day management
of our old legacy system but, with a cloud-based solution now being employed, we certainly have achieved a healthy step forward. No need I hope to go into the nitty gritty of how it all works but, what we have achieved is going a long way towards joining up some of the vital links between our member records and the nances.
Financially, we achieved a massive turnaround
in fortunes and without the pandemic I doubt
we would have seen the light here. There was already a plan to reduce the cost of producing
the handbook, but the major impact was seen because meeting and travel costs fell dramatically as Zoom took over the hosting of meetings. These meetings were previously hosted by the Farmers Club and Lord’s, both costly venues in themselves. With the additional costs incurred
to the various train and airline companies who ferried your committee members into and out of London, our spending was far too high.
In addressing this we have not only saved money but also a huge amount of time for each committee member.
Income dropped by 5% largely due to a reduced match fee being collected (and less games) but expenditure fell by an impressive 21% leaving a surplus to be ploughed back into the reserves.
Hopefully, a fuller season in 2021 plus a continuation of the welcome increase in membership achieved last year will further enhance the strength of the Club. The Executive Committee will continue to try and make cricket more a ordable to the members and at the same time endeavour to increase the possibility of more cricket being organised. The latter is a local dynamic and wholly down to our 12 regional representatives.
Ian Witchell
I
The Forty Club 2021 Yearbook
7
Summarised Income and Expenditure for the year ending 30th September 2020
INCOME
Subscriptions Match Fees Dinner Receipts Other
EXPENDITURE
Handbook and Postage O cers expenses Other O cer’s costs Meetings
Insurance
Cricket balls and merchandise Bank charges
Dinner costs
Cricket expenses
Other
Surplus/(De cit) for the year
2020 2019
30,300 32,293 3,290 10,588 21,791 19,234 3,693 -4 59,074 62,201
11,409 13,445 424 3,075 9,650 8,425 4,535 9,399 780 692 4,598 9,431 931 591 21,510 20,717 1,006 4,156 2,453 2,608 57,296 72,539 1,778 -10,338
Summarised Balance Sheet as at 30th September 2020
CURRENT ASSETS
Debtors and advance payments Bank
CURRENT LIABILITIES
Advance receipts Accruals
NET CURRENT ASSETS
2020 2019
2,291 5,249 23,145 18,439 25,436 23,688
171 6,628 3,325 1,992 3,496 8,620 21,940 15,068
Representing: General fund/accounts
2020 2019
Balance brought forward Surplus/(De cit) for the year Advances and Receipts movements TOTAL GENERAL FUND
15,068 28,043 1,778 -10,388 5,092 -2,637 21,940 15,068