ATTA FINANCIAL REPORT 2000/2001

 

As can be seen from the Summary Statement, ATTA has again had another successful year.

 

The opening balance of $9372.54 included $5000 carried over from the previous financial year which was money from the Lotteries Commission, and was to be used for signage and other trail marking for Lake Leschenaultia. This was finally spent, with the last amount of $553.95 being refunded to the Lotteries Commission. A grant was received from BikeWest ($748) to assist once more with the running of the 40km Championships. Clothing Sales again proved to be very popular.

 

Excluding the $5000 from the Lotteries Commission, other major areas of expenditure were on Clothing and 'Other'. The 'Other' group consists of major items such as Insurance ($883.80), ISP fees for the website ($260), ACF Licences ($294) and BTA/WACF Affiliation fees ($160). The amount shown for Marshals/Time Keepers would be higher, but not all helpers accept the donation. If the Lotteries money is excluded from the expenditure amount, the difference between income and expenditure is just over $850.00 - we don't set out to make a profit, but break even and enjoy our Time Trials!

FINANCIAL STATEMENT FOR THE YEAR ENDED 30/06/01

INCOME
Membership fees	920.00
Entry fees	4214.75
Bank interest	9.99
Donations	848.00
Drink sales	360.80
Clothing sales	2300.00
Unclaimed prizes	0.00
Other	719.00
Total Income	9372.54
EXPENDITURE
Helpers	1340.00
Prizes	732.00
Administration	333.00
Account fees	39.70
Drink purchases	307.70
Clothing	2305.88
Equipment purchase	231.85
Equipment repairs	569.96
Equipment hire	465.04
Other	2190.60
Lotteries - Trail Signage etc.	5000.00
Total Expenditure	13515.73
Surplus		(4,143.19)
Previous balance		9,970.14
Current balance		5,826.95
Less Lotteries Money		0.00
Total funds			5826.95
Account Reconciliation:
Bank statement 30/6/01		5,826.95
Less outstanding cheques
Plus cash in hand		11.00
Balance		5,837.95
Total funds			5837.95

Back to the President's Report