2022-23 Financial statement will be posted after the end of this financial year (30th June 2023)

 

NEWTON ABBOT TABLE TENNIS CLUB   

FINANCIAL STATEMENT 2021-22

       
INCOME    EXPENDITURE 
       
Teign School sessions  £      8,050.50  Hire of Premises (Paid till end June) £     4,902.00 
Memberships (club, league & TTE) £         530.00  South Devon League & TTE Memberships £        608.50 
Sale of Bats, Balls & Shirts £         420.50  Tables purchased (through Teign School) £        950.00 
COVID compensation (Devon TTA) £         260.23  Bats, Balls and shirts  £     1,233.96 
     Trophies £          38.30 
     DBS certificate (ADH) £          18.60 
  INCOME £      9,261.23  EXPENDITURE £     7,751.36 
       
Balance brought fwd 2020-21 (cash) £         203.18    
Balance brought fwd 2020-21 (bank) £      3,036.58    
       
 TOTAL INCOME £    12,500.99    
          EXPENDITURE £      7,751.36    
 BALANCE £      4,749.63    
       
 Surplus Bank £      4,720.55   
  Cash £           29.08    
  TOTAL £      4,749.63    
       
       
Balance of income over expenditure for 2021-22 season - £1,509.87 
       
       
NOTES:      
The Club’s finances are in very good shape.     
The PARKHOUSE Pairs was very profitable! No expenses as played during normal session and all trophies provided by PARKHOUSE
Albany Florists sponsorship not shown but a considerable help in purchasing a large stock of match & T Shirts
Recycling old trophies for our club competitions meant just engraving costs this year 
Added assests include 2 new tables, 8 beginners/intermediates bats, a large stock of match shirts & T shirts and match & training balls
The South Devon & Torbay League will almost certainly return their fees to pre COVID levels and expect a rise in TTE fees.
Our League players fees will rise (back to pre COVID levels) to cover a rise in league fees 
So finances are good, and we are committed to keeping the cost of playing table tennis at our club as low as possible.  
Should we consider a drop in session fees? 
       28th June 2022 
       
       

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