Key Points for the Financial Year to Feb 06

 

Due to the need to present audited figures to the AGM these results do not follow a “traditional” football season.

 

If you have any detailed questions please submit to dlomax@scgl.org.uk  and these will be answered at the AGM.

 

Expenditure

 

Trophies                         The League now receives no funding for trophies. This year we have had more Divisions and, as funds permitted, we have increased the quality of the trophies. We have also purchased Sportsmanship Cups for each age group.

 

Payment to WSYL for       Again this season we contracted out the production of ID cards to the WSYL.

Registration Services:      The extra cost this year is directly related to the fact that we had more registrations.  With the long term future in mind, we intend to bring this function in-house next season.

 

Officers’ Expenses:          As explained last year, we were supported for half the year by the WSYL. This year is the first full year we have had to support ourselves.

 

Stationery/Printing:          Printing costs have reduced due to the bulk purchasing of stationery etc last season.

 

Cup Finals:                        This figure relates to last season’s Cup Finals 2004/2005. These are the direct costs associated with holding the Finals at Cobham.  The cost of trophies is not included in this. This is comparable with last season.

 

Hire of Halls:                    This is the cost of hall hire for the Presentation, Management Meetings and the AGM.  This figure contains some Invoices from the previous season. As explained last year, the true running costs are a little over £300 per year.

 

Team Applications            This is a lot  higher than previous  seasons due to the fact  that all application    

Returned:                         fees had to be received prior to the AGM without the need for a second meeting.

 

Handbooks:                       Last season, due to some already documented difficulties, we produced the Handbooks via “photocopying” with the help of SCFA.  This season we employed a “proper” printer which, although much more expensive, I am sure you will agree we were able to deliver a “quality” product.

 

S.C.F.A.:                            Affiliation Fees.

 

N.A.Y.F.L.:                        The League is a member of the National Association of Youth Leagues giving us a voice in the national game.


Income

 

 

Applications:                    This is our largest source of income and is our only guaranteed source of income each season. The increase this season was down to increased Application Fees and the expansion of the League.

 

Grants:                              This figure is made up of 3 separate grants, one of which was for the previous season.

                                               

£  700.00

From the FA for computer equipment

this should have been £800; the other £100 received after year end

£1500.00

From Active Sports towards the cost of trophies last season

 

£1500.00

Grant from the FA to start women’s football

spent on a computer, League Shields, Challenge Cup & Sportsmanship Cup

 

 

 

                                               

 

 

Registrations:                   Again there was an increase in registration revenue this year (last year 30%).  This is in line with the increase in teams registering for the League. There was no registration fee increase this season.

 

Fines:                                There was another marked increase in fines this season. This is down to having more teams and the increased application of the Rule Book. This is revenue that we would prefer not to have received, but it effectively subsidises the Application Fees.

 

Cup Finals:                       This relates to last season 2004/2005. Attendance at the Finals showed a marked increase from previous seasons. This year’s Cup Finals showed a profit.

 

 

Conclusion/Summary

 

The League has continued to expand this season with the turnover nearly double that of last season. Although we are showing a large “profit”, a number of factors need to be taken into account. We received grants of £3,700 and do not expect to receive any further grants in the foreseeable future, except FA grants for funding of computer equipment. While we will no longer have to pay the WSYL to produce ID Cards there is a significant capital cost in purchasing the equipment and software in addition to the running costs. We do not expect to see a “return” on the investment in the first season.  Because the League is financially secure we can pass the benefits on to our member clubs (easing cash flow for Clubs) by reducing the sum of money that needs to be paid prior to the AGM to £25 (£20 Mini Football), with the rest payable in Registration Fees by the end of July when Clubs have been able to collect their “subs” from the player.

 

 

David Lomax  

SCWGL Treasurer

 

david.lomax@scgl.org.uk