Kettering Model Car Club

Annual General Meeting

Treasurers Report for 2004

Kettering Model Car Club was established in January 2004, when the funds from Burton Model Car Club were transferred in full to KMCC. Signatories for the KMCC Account are Dave Irving (Chairman) and Colin Williams (Treasurer).

This report covers both Burton and Kettering MCC during the financial period from 1^st January to 31^st December 2004.

Financial Statement

KMCC has a current balance of £1254.56

This is broken down into:

· a Cash balance of £574.56, with additional assets worth £100 (two unsold personal transponders).

· outstanding debts of £680, payable to the William Knibb Centre for room hire.

A more detailed Balance Sheet is attached to this report.

Summary of Activities

There have been several key points of note this year:

In February we had some “windscreen banners” made advertising the Club website. These made a small amount of profit for the Club, around £10 on sales.

In April, the Club purchased new carpet from Gary Butterworth, which was sufficient for the whole hall, costing £220. The old carpet was sold onto another Club for £330, creating an overall income for KMCC of £110.

Early in the year, 30+ trophies were donated to the Club from Gary Starks, John Fillingham and Angie Dixon.

In July, a Laptop computer was donated to the Club by Colin Williams.

In September, an Inkjet printer was donated to the Club by Dave Irving.

In September, the Club purchased a new AMBrc system, with 20 personal transponders for £2792.28. The old AMB20 system was sold to Stratford Model Car Club for £385. The 20 PT’s had a resale value of £1000 which is being recouped from KMCC members as they are purchased. Overall cost of the AMBrc system was therefore £1407.28.

In November, the Club purchased prizes for the Autumn Championship series. £200 was spent with Modeltech (Mike Smith), creating £275 worth of items and £50 was spent with RC Match (Rob Oliver), creating £90 worth of cells. The Club also purchased new tables for race control.

Future Budget

Based on 2004 numbers attending race meetings, a projection has been carried out, which estimates that the club will generate additional income of some £1500 during 2005, taking into account planned expenditure (i.e. room hire, consumables, etc.), but before any unbudgeted expenditure is made.

The Club needs to develop and agree a budget plan for the balance carried over from 2004 and the projected income from 2005, a total of around £2200.

Colin Williams

Kettering Model Car Club
Balance Sheet - 2004
	Statement to:	31-Dec-04
	Total Receipts & Payments	£ 1,254.56
	Total Creditors	-£ 680.00
	Total Debtors	£ 100.00
	BALANCE	£ 674.56
Receipts & Payments			Balance
Brought Forward from 2003			£ 562.67
Jan-04	Annual Subscriptions	£ 175.00
	Race Fees	£ 164.00
	Consumables etc.	-£ 45.96
	Web Hosting	-£ 29.38
	Bank Interest	£ 0.03
	Monthly total	£ 263.69	£ 826.36
Feb-04	Annual Subscriptions	£ 95.00
	Race Fees	£ 296.00
	BRCA Fees	-£ 230.00
	Consumables etc.	-£ 8.18
	Club Stickers	-£ 25.00
	Sale of Club Stickers	£ 26.00
	Monthly total	£ 153.82	£ 980.18
Mar-04	Annual Subscriptions	£ 195.00
	Race Fees	£ 391.85
	BRCA Fees	-£ 120.00
	Cordless Bell	-£ 22.99
	Sale of Club Stickers	£ 5.00
	Bank Interest	£ 0.06
	Monthly total	£ 448.92	£ 1,429.10
Apr-04	Annual Subscriptions	£ 70.00
	Race Fees	£ 385.00
	BRCA Fees	-£ 30.00
	Consumables etc.	-£ 75.52
	Hall Hire Charges (Nov, Dec03, Jan, Feb 04)	-£ 510.00
	Sale of Club Stickers	£ 2.00
	New Carpet	-£ 225.00
	Monthly total	-£ 383.52	£ 1,045.58
May-04	Race Fees	£ 359.00
	Consumables etc.	-£ 54.64
	BRCA Fees	-£ 10.00
	Annual Subscriptions	£ 5.00
	Sale of Old Carpet	£ 330.00
	Monthly total	£ 629.36	£ 1,674.94
Jun-04	Annual Subscriptions	£ 15.00
	BRCA Fees	-£ 10.00
	Race Fees	£ 310.00
	New Lathe Motor	-£ 19.69
	Hall Hire Charges (Mar 04)	-£ 136.00
	Bank Interest	£ 0.16
	Monthly total	£ 159.47	£ 1,834.41
Jul-04	Race Fees	£ 333.00
	Annual Subscriptions	£ 12.50
	BRCA Fees	-£ 10.00
	Trophies / Engraving	-£ 23.00
	PT Savings Club - Receipts	£ 153.00
	Monthly total	£ 465.50	£ 2,299.91
Aug-04	Race Fees	£ 233.00
	Consumables etc.	-£ 45.38
	PT Savings Club - Receipts	£ 47.00
	Monthly total	£ 234.62	£ 2,534.53
Sep-04	Race Fees	£ 273.00
	Annual Subscriptions	£ 10.00
	PT Savings Club - Receipts	-£ 160.00
	Consumables etc.	-£ 71.46
	AMBrc System	-£2,792.28
	Sale of PT's to Members	£ 500.00
	Hall Hire Charges (May, June, July 04)	-£ 442.00
	Sale of AMB20 decoder, etc.	£ 385.00
	Raffle Ticket Income	£ 22.00
	Bank Interest	£ 0.27
	Monthly total	-£2,275.47	£ 259.06
Oct-04	Race Fees	£ 361.00
	Annual Subscriptions	£ 5.00
	PT Savings Club - Receipts	-£ 40.00
	Sale of PT's to Members	£ 345.00
	Raffle Ticket Income	£ 99.00
	Monthly total	£ 770.00	£ 1,029.06
Nov-04	Race Fees	£ 315.00
	Sale of PT's to Members	£ 55.00
	Raffle Ticket Income	£ 88.00
	Consumables	-£ 16.52
	Tables for Race Control	-£ 37.98
	Web Hosting	-£ 29.38
	Purchase of Raffle Prizes	-£ 250.00
	Monthly total	£ 124.12	£ 1,153.18
Dec-04	Race Fees	£ 223.00
	Raffle Ticket Income	£ 42.00
	Hall Hire Charges (Apr 04)	-£ 136.00
	Bank Charges	-£ 27.70
	Bank Interest	£ 0.08
	Monthly total	£ 101.38	£ 1,254.56
	Total Receipts & Payment		£ 1,254.56
Creditors & Debtors
Creditors	Northants CC - Hire of William Knibb	-£ 680.00
	PT Saving Club - Members	£ -
	Total Creditors		-£ 680.00
Debtors	Outstanding Sales of PT's	£ 100.00
	Total Debtors		£ 100.00