I hope you are keeping safe. The AGM should have been held in May but will have
to be postponed. I am therefore enclosing a brief resume of the last financial year
ending 1/3/20 plus an update on next season.
BAR & CAFE SALES £80,599
GROSS PROFIT £36,110
OTHER INCOME £14,639 ( LOTTERY 5415 BLUES CAMPING 1630 BEER FEST 1516 main ones)
TOTAL INCOME £50,749
TOTAL EXPENSES £49,398 (LIGHT & HEAT £7584 WAGES £12,303 RUGBY EXPS £9375 main ones )
NETT PROFIT £1350
My original budget for the next season was Sales of £84,000 with a small profit. This is now obviously
not applicable. We have already lost the Blues Festival & probably the Cheeky Monkies which are our
main Income Earners to cover our rugby costs.
We have received £12,000 in grants to offset our lack of trading which will help but not cover all our
potential loses. I list below budget figures based on various start dates :
START AUGUST BAR SALES £35,000 MARGIN £17,500 OTHER INCOME £8500 GRANTS £12,000
OUTGOING £40,320 NETT LOSS £2320
START OCTOBER BAR SALES £25,000 MARGIN £12,500 OTHER INCOME £6900 GRANTS £12,000
OUTGOINGS £34,830 NETT LOSS £3430
START DECEMBER BAR SALES £15,000 MARGIN £7500 OTHER INCOME £6300 GRANTS £12,000
OUTGOINGS £29,340 NETT LOSS £3540
NO START BEFORE 28/2/21 BAR SALES £2000 MARGIN £1000 OTHER INCOME £5170 GRANTS £12,000
OUTGOINGS £17,600 NETT PROFIT £570
I am still waiting for details of our bar stock which will become out of date & unsaleable which will
impact by a further £1500 unless we can recover in full the value of the stock.
BEST WISHES
BERT LAMBERT HON TREASURER