Thursday, 8 August 2013

Findrack finances & future

From http://deesidesquashracquetballclub.blogspot.com/

I have paid the latest electricity bill, covering the quarter to 9th July, 2013:



I finally managed to collect from 9 "members" a total of £450, so, after paying the above bill, this leaves funds in hand of £211. This should cover the next quarter's electricity (to end of September) but there won't be much left over after that.

If the remaining subscribers wish to play over the winter, another cash call will be required. (I, personally, will not be able to contribute any more as I am scheduled to have my long-awaited knee replacement operation).

Those that paid their £50 this year were:

Gray, Keith
Grigor, Malcolm
Page, Ken
Salter, Harry
Simcox, Richard
Stewart, Ian
Thomson, Keith
Whyman, Bill
Young, Neil

With me out of the equation, that would leave an apparent maximum of just 8 of you paying the bills. Electricity costs are now approaching £600 per year. To keep it going for another full year, a cash call of roughly £75 per head would be required.

Alternatively, £50 per head (if all 8 paid) would probably keep it going over this winter and it could then be reviewed again at the end of March.

We had 15 subscribers when the Spring 2010 cash call was made, but numbers have dwindled since then. Overall, however, since we first started playing at Findrack 4 years ago, there have only been 4 cash calls, totalling £230 per head (including a repair bill) so it's not been bad value.

We need to decide now whether to continue or not - please vote now.

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