Club Documents
25

Summary of accounts 2020/21

Membership At end of March

Forms submitted

Subscriptions paid annual payment

Participated pay monthly fee

Men 16+

13 (inc 3 juniors)

11

10

Women 16+

17 (inc 6 juniors)

11

17

Juniors U15

20

Included in monthly fee

20*

* Plus: 5 juniors age 16+ participated during lockdown 3 and 4 new junior members started in April.

 

Period

Income         from members

Expenses

1 Sep 2020 – 1 Apr 2021

£2,587.50

£1,523.43

 

Club expenses 2020/21

£

Lime Kiln LC Hall Hire (intermittent Sept – Jan)

887.38

Volleyball England club affiliation

95.00

Volleyball England coach registration - Phil

21.00

Entry fees - Adult competitions

96.00

Entry fees - Junior event (3 Teams)

27.00

Website server rental (Richard Howells)

50.00

COVID compliance costs

  • Sanitising products (consumables)  £100.61
  • Extra equipment (nets, whistles, fences)  £246.44

347.05

TOTAL

1,523.43

 

Balance of Account

Season 2019/20

Season 2020/21

11 July 2019

23 April 2020

1 Sept 2020

12 April 2021

£1,779.70

£2,072.92

£2,290.41

£3,354.48

 

 

 

Notes to accounts 2020/21

  • 2019/20 AGM was delayed to October 2020, hence shorter period for 2020/21 accounts.
  • The COVID pandemic led to intermittent activity this season:
    • We still incurred typical membership costs (lower competition costs were offset by exceptional COVID compliance costs) so membership subscriptions are still needed and will not be refunded or credited.
    • Monthly training/playing fees were stopped (or will be credited) when there was no activity due to COVID restrictions.
    • This stop/start complexity caused lots of extra work for our Treasurer.
  • Income and current balance should be interpreted with caution because we have outstanding credits/debits:
    • A few members still owe annual subscription and monthly payments.
    • Some members continued paying during lockdown, so will be in credit next season.
    • Further hall hire costs May-June to be paid out (we normally stop at end of April).

 

Financial prospects for 2021/22

  • We expect / hope for a full season of club activity and competitions.
  • We expect some changes in competition formats, which could impact on costs.
  • Lime Kiln LC hire costs are currently held at 2020/21 prices, but may rise later.
  • Ongoing COVID restrictions and safety protocols may mean fewer players or more space required, leading to higher costs per player.
  • Expect slight dip in adult competition players due to COVID impacts, university and change of club session times, though some age 16+ juniors graduate to adult training.
  • Expect strong demand for junior membership.
  • We will discuss our future club offer and hall hire needs with Lime Kiln LC, in the hope of expanding the range of our club offer as agreed at our 2019/20 AGM (held in Oct 2020).
  • We need to make sure that all our club activities and sections cover their costs.
  • We will review our finances and fee structures when these issues are clearer.
  • Meanwhile we propose to hold our membership prices at current levels:

Item

Period

Price  proposed for 2021/22 season

What it pays for

Membership subscription

To be paid in September or when you join.

You must be a paid-up member to play in competitions.

Annual

 

£40 adult

£20 junior U18 playing with adults

£0 junior not playing with adults; subscription included in playing fee

Half price if you join after Christmas

Club expenses

Equipment

Governing body affiliation

Club insurance

Competition entry

Player registration

Training and playing fee

Indoor season:

Sept to April (8 months)

Monthly

£25 adult

£15 junior U18 and student in full-time education

FREE first session for new members!

Hall hire for training and matches

 

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