“The bulk of the club’s income comes from the membership fees. This income funds the essential running costs of the club. Any surplus can then be used by the General Committee to improve and upgrade the club facilities in line with suggestions from the membership and the club’s long-term plan.
The Profit and Loss sheet shows an income of ?190,450 and expenses of ?127,400 resulting in a net income of ?63k.
As the bulk of the club’s income is provided by the membership fees, maintaining membership numbers is essential to the financial viability of the club.
The membership income total of ?61.5k includes all of the annual payments associated with club membership including annual fees, joining fees and group membership. This total is up slightly due to an increase in new members and group membership fees.”
“Looking ahead the club is in a very strong position. We have a strong membership, excellent facilities and a robust program of sailing and social events. Underpinning this is an ethos of volunteering.
We are a self-help group and this has two massive advantages.
Firstly, it is hugely rewarding to get stuck into a collaborative project. You meet new people, find new opportunities, make friendships, have fun and get the sense of satisfaction of a job well done.
Secondly, you ensure the continuity of the club and provide excellent facilities at a very competitive cost. Both you and your fellow members benefit from your volunteering.”
“The bulk of the club’s income comes from the membership fees. This income funds the essential running costs of the club. Any surplus can then be used by the General Committee to improve and upgrade the club facilities in line with suggestions from the membership and the club’s long-term plan.
The Profit and Loss sheet shows an income of ?190,450 and expenses of ?127,400 resulting in a net income of ?63k.
As the bulk of the club’s income is provided by the membership fees, maintaining membership numbers is essential to the financial viability of the club.
The membership income total of ?61.5k includes all of the annual payments associated with club membership including annual fees, joining fees and group membership. This total is up slightly due to an increase in new members and group membership fees.”
“Looking ahead the club is in a very strong position. We have a strong membership, excellent facilities and a robust program of sailing and social events. Underpinning this is an ethos of volunteering.
We are a self-help group and this has two massive advantages.
Firstly, it is hugely rewarding to get stuck into a collaborative project. You meet new people, find new opportunities, make friendships, have fun and get the sense of satisfaction of a job well done.
Secondly, you ensure the continuity of the club and provide excellent facilities at a very competitive cost. Both you and your fellow members benefit from your volunteering.”