3 year financial outlook
The financial outlook was set out in May 2017 and is from year end 2017 for 3 years.
It was prepared with the intention of resolving the funding required from the council's empowerment fund for the club to repair and look after its own bowling green as a self funding venture so that it can be managed by its own funds fom the 3rd year onwards.
The financial projection can be seen in the following documents.
These figures will be checked against income and expenditure on a regular basis with the council's empowerment fund team.
Astley Bridge Park Bowling club 3 year projection for funding
(updated 26/5/2017 after review further the self management regime and the mowing equipment that would be more suited to our club requirements - going forward)
(updated * after review and discussion with neighbourhood services 24/4/2017)
Financial position presently ( approximate figures)
Club funds February 2017 £1500
Annual income presently £ 500
Annual necessary outgoings annually £150
Financial projection for self management - first year
(* after review and discussion with neighbourhood services 24/4/2017 )
Funding March 2017 to May 2018 - items 1 to 9 amounts to £13,500 so that maintenance work can continue uninterrupted and work/orders can be put in place for this and essential equipment /storage facilities /shelters. (* updated)
1) expenditure on repair/maintenance of bowling green £1200 (March+April 2017)(* updated)
2) green cutting contract £1700
3) storage facility - steel ship transporter unit with shrouded lock facility delivered and set on timber sleepers and 75mm gravel base sited adjacent to existing clubhouse £2,250
4) Metal clad shelter adjacent clubhouse and in front of container unit for match scoring and spectators during match days and to give shelter for maintenance of equipment £ 2,350 (* updated)
-additional security enclosure to deter vandalism - + planning application
Temporary retractable fabric cover prior to permanent installation. £250 (* new item)
5) machinery £4200 - itemised as follows
second hand mower £2000 (will be for backup if contractor unable to cu + backup for our primary machine after 2017 year)
strimmer for edges £100
mower for verges £ 250
scarifier for green £1000
spreader for feed and seed £150
maintenance of equipment £250
miscellaneous buckets/rakes /blowers/wheelbarrows/hoses £250
health+safety goggles/gloves/boots £100
external security lights £75
external water hose £25
6) mid summer maintenance/repair work - scarify/spike/summer feed £90+75+85 = £250
7) mid september maintenance /repair work - heavy scarify /spiking/ moss killer/weed treatment/disease treatment/autumn feed £150+70+80+50+50+100 = £500
8) winter maintenance - - mainly voluntary work - leaf collection/light scarify / moss inhibitor/ winter feed occasional mowing. £ 300
9) spring 2018 maintenance work (similar spring 2017 - but reduced due to voluntary work) £500
Funding june 2018 to May 2019 - items 10 to 14 amounts to £ 6430
2018 contract maintenance work including the following
10) primary mower for green cutting with brush attachment £ 5750 ( Dennis FT 510 with 3 cassette attachments ) - note that in the second year contract cutting will be reduced and replaced by our club volunteers as we presently have 3 active (on other greens) and 2 retired greenkeepers in our club - and so training and use of the equipment/ mowers can be passed on to other volunteers. (* updated)
11) mid summer maintenance/repair work - scarify/spike/summer feed - reduced rate due to voluntary work parties = £50
12) mid september maintenance /repair work - heavy scarify /spiking/ moss killer/weed treatment/disease treatment/autumn feed £0+0+30+50+50+50 - reduced rate due to voluntary work parties = £180
13) winter maintenance - - mainly voluntary work - leaf collection/light scarify / moss inhibitor/ winter feed occasional mowing. £ 200
14) machinery maintenance £250 ( as we have more equipment in 2nd year)
Summary
From the above the sums of £19,930 will be required over a 2 year basis. (* updated 26/5/2017)
In that time the Club will have adjusted to the self management regime -- membership and player contributions and the club membership will have increased and the club running costs will have reduced due to the voluntary activities taken on by the club members.
Sponsorship and further funds will have been generated from local businesses and groups .
Estimated running costs after funding ceases (* updated)
£100 affiliation costs/insurances
£1000 heating and water bills (contribution to council say)
£ 300 for feed and turf treatments
£ 250 machinery maintenance costs
£ 300 for bought in maintenance work
£ 250 for machinery/equipment depreciation
£ 250 for improvement funds
£ 250 contingency
£ 2700 total expenditure
Estimated Income after funding ceases
£750 membership charges
£1250 playing receipts
£1,000 sponsorship receipts
£ 250 competition receipts
£ 150 raffle receipts
£ 250 social activity receipts
£3650 total income