Finance Report 20th July 2022
The Bank balances as at 14 th July are £110k
Members Loans at £36,000 are all currently due to be paid back in Aug 2022.
We have contacted all members and will review once all have responded. The
22/23 Budget currently includes paying back £12k so we are looking for £24k
of extensions to carry forward.
22/23 Budget to be Adopted formally.
Roof repairer completed back part of roof, starting front side w/c 18 th July
21/22 Accounts aiming to send off at the end of July 22.
22/23 1 st Quarter Actuals:-
o Subs Income £49k and in line with the Budget
o Income (excluding Subs) – in line with Budget at £38k
o Expenditure £84k, which is slightly under budget mainly due to timing
of Invoices / Payments
Still awaiting VAT registration confirmation.
OTHER FINANCE AGENDA ITEMS
3 rd Fairway netting finally erected but some issues remain, and posts/signs
chased again Thurs 14 th July.