Financial Statements 2018

FINANAL STATEMENTS 2018

       Revenue                                                           2018                  2017

Tournament / Dinners 112,616 108,562
Membership dues   6,840     6,720
Annual General Meeting   3,060     2,700
Fifty-fifty draw   1,955     1,973
Accessory sales     900         19
Interest       97          67
Total 125,468 120,041

Expenses

Tournament / Dinner 110,064 105,889
Director mileage    2,600    2,600
Annual General Meeting    3,030    2,700
Accessories cost of sale       992         46
Advertising and promotion         63      
Prizes    3,854    3,852
Executive meetings        622      678
Postage, printing and stationery        833      709
Donations       500      500
Roster book        288      271
Handicap software        294      262
President’s jacket and crest        215      271
Bank charges           9      110
Total 123,364 117,890
 

 

Income ( loss ) for the year                              2,104                 2,153

Unrestricted net assets beginning of year          7,993                5,840     

Unrestricted net assets end of year                  10,097                7,993