Because of the need
to present audited figures to the AGM these results do not follow a
“traditional” football season.
Payment to the WSYL for Registration services: Again this season we contracted out the production of ID cards to the WSYL. Because of the high capital cost of setting our own system to produce ID cards we are intending again to use the WSYL next season.
Trophies: This figure is the cost of purchasing new “cups” that were required for new competitions this season. In addition to this figure we spent another £2000 on trophies, this is not include in these accounts as they were directly paid for by Active Sports, to whom we are very grateful.
Cup Finals: This figure is relates to last seasons cup finals, this is the direct costs associated with holding the finals at Cobham and Bisley FC, the cost of trophies are not included in this.
Officers Expenses: This have been kept to a minimum, with some of the standard functions being absorbed by the WSYL. The figure is in line with last season only we expect this to be much higher next year.
Hire of halls This
is just the cost of the presentation and AGM, The costs of the monthly meetings
were absorbed by the WSYL. Next season
we will need to find an alternative venue
Team application returned: This figure has returned to a more expected figure which the league and teams becoming more established.
Rule & Hand books: Because of the size and numbers required we did not need a specialist printer and were thus able to keep the costs down.
Stationery / printing: This figure is quite low as we have been able to take advantage of addition WSYL print runs for common stationery.
SCFA This
is our affiliation fees.
N.A,Y.L The
league is a member of the National Associations of Youth Leagues giving us a
voice in the national game.
Income
Applications: this is our biggest source of income and is
our only guaranteed source of income each season. This figure is less than last season, but this season the
“refunded applications” were less the so this season the figure increased in real terms
Registrations:
There is an 159% increase in registration fees this year. Although we
did increase the registration fees from £2 to £3 the increase in revenues was
mainly due to the application of the July 31 rule for “free” registrations
Fines: Last season because this was
our first season, league officers
were very lenient in the
application of the rule book, this
season the rule book was enforced thus generating more income, which in
effect subsidies the application fee.
Cup Finals: This relates to last season
2002/3. Because of the need to generate revenue we have had to charge for the
entry to cup finals this season,. We did how ever aim to break even by keeping
the entrance fee low at £1 (SCFA charge £2.50), we ended up only showing a
small deficit.
.
Conclusion/Summary
The season we have an
excess of income over expenditure
“profit” of £1,851, how ever Active Sport very kindly donated £2,300 for
trophies, which would have meant that if we have had to purchase trophies we
would have made a loss.
Next season the ties
with the WSYL will be relaxed as we strive to become self sufficient.
We can not reply on
donations and need to be self funding each year and at this stage we are unsure
if we will receive the same donation next season, therefore we need to make
provisions to keep our financial house in order, thus the League council are proposing a increase in the
application fees for next season.
With the termination
of the Goal Magazine in real terms there is a £15 reduction in the cost of
entering the league next season.
You will have seen
elsewhere how we intend to use more technology next season with use of the web
site to submit hand book details and the submission of result cards, thus
saving team managers the cost of a stamp each week.
With the increase in
fees and the reserves we now have behind us the League council are confident
that if we do not receive a the same
donation or it is greatly reduced we will still be able to provide the same
level of trophies for next seasons winners.