The Associations financial results for the year show an overall loss of £2,414.
This is rather greater than the previous year and reflects the decision to hold match fee levels, despite significantly higher costs being set by almost all clubs
The higher administration costs are due to work required on our computer system to ensure the ability to continue to use it rather than move to a completely new system.
Our overall financial position remains strong with assets of £15,860. Looking forward there is no doubt 2026 will show a significant loss but our overall strength will be able to meet this without a problem.
Doug
Treasurer
|
Income |
2025 |
|
Expenditure |
2025 |
|
|
£ |
|
|
£ |
|
Subscriptions |
1850 |
|
Admin Costs |
1398 |
|
Bank Interest |
142 |
|
Engraving Costs |
321 |
|
Clothing sales profit |
570 |
|
Clothing sales |
570 |
| Misc Income |
167 |
|
Loss on internal meetings |
1818 |
|
|
|
Loss on Matches |
1036 | |
|
Total |
2729 |
|
Total |
5143 |
|
|
|
Total Income (Loss) |
(2414) |
|
|
|
|
|
|
|
|
|
|
|
(Profit)/Loss |
(1060) |
|
|
|
|
|
BALANCE SHEET Year Ending 2025
|
|
|
2025 |
|
|
|
£ |
|
|
Bank Balances |
12450 |
|
|
|
|
|
|
Clothing Stock |
2204 |
|
|
Golf Ball Stock |
1206 |
|
|
|
------------- |
|
|
Total |
15860 |
|
|
|
|
|
|
Reserves B/F |
18274 |
|
|
Profit /(Loss) on year |
(2414) |
|
|
|
----------- |
|
|
|
15860 |
|
|
|
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