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DEVON MEN VETERAN GOLFERS ASSOCIATION

2021 Secretary's Report


TREASURER'S REPORT              

AGM 20th October 2021, Saunton GC             

                 

Membership has increased steadily through the year by 155 with a total of 1643 paid up Members to include those carried forward from 2020. It remains to be seen whether this number will be matched in 2022.

Administration costs have increased with the cost of the new Website with a fee of £1440 to IG, which will be an ongoing annual subscription, as indeed the more extensive Insurance Policy with Howdens at £272, There have been incidental costs with a Gazebo for Starters at events, engraving and updating Trophies, plus EC Prizes cost £930.

Secretary and Treasures expenses have been moderate, I have this year transferred their travel costs into the general Comm.Travel Expenses column which in itself shows a considerable increase with travel to and from by Committee Members supporting events and covering IT equipment.

Overall, the Competition events have, despite the fear that costings may have been underestimated, proved profitable and covered all expenses to include Voucher, Two’s, Travel, Course and Meals,  with the exemption of today’s event and breakeven on the Millennium. Despite absorbing the bi-annual costs of the Home Match vs Kent, the Matches only made a minor loss of £80 approx..

The forthcoming Winter Series will inevitably run at a loss with entry fees at the pre Covid 2019 price and course and food costs at 2021 level, but we are in in a situation that this can be absorbed

The Cardnet Cashless Terminal was introduced in July and had early teething problems, and will be of much greater benefit in 2022. Sales of Clothing have been steady without being spectacular and I extend my thanks to Brian Gliddon and Malcolm Tester for their efforts.

2022 will present us with a few challenges with rising costs which are being filtered through from the Clubs, but the Committee and I are confident in being able to continue to offer Competition and Match Fees at £25 per player with a proviso that any unexpected cost increases may require slight adjustments to the odd event.

There have continued to be some misunderstanding of Banking Codes and on occasions I have been mystified to what some payments should have been attributed too. The introduction of the new Codes should solve any queries. They are self-explanatory and clearly define, in letters, what a payment represents.

The Bank statement should just show simply from whom any payment has been, the Club Code followed directly by the Event Code.

e.g. to pay Membership Fee :- D.Bromage  SID MEM  ---- £ -Amount

In conclusion, the statement of the Interim Income & Expenditure for this Meeting continues to show a healthy state and I am confident this will continue. I offer them to the meeting for adoption. Formal Auditing of the accounts takes place the year end


David Bromage

Treasurer





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