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              Unapproved Audited 2021 Accounts

                 TREASURER’S REPORT FOR THE 2021 SEASON

A copy of the audited Income & Expenditure Account and Balance Sheet for the year ended 31 December 2021 follows this report. 

INCOME

Income, excluding Donations, amounted to £7,972 an increase of £1,244 (19.16%)

Total permit income of net £3,506 shows an increase of £482 (15.94%). This was all member permits as visitor’s permits were not available. The committee also decided that 2021 would be member only – there will be consideration on this topic in due course for the 2022 season.

EXPENDITURE

Stocking

£3,164 was spent on stocking, an increase of £389 (14.04%) over the previous year.

A total of 747 rainbow/blue fish, weighing 1,076lb were stocked in 2021 compared to 1,248 fish weighing 1,248lbs in 2020.

Lease

Lease costs were unchanged. However I must record that William Thomson forgave part the rent for 2021 because of the disruption to the access to his lochs by the SSE project. We can expect small increases for the 2022 season.

Repairs and Maintenance

The repairs & maintenance costs decreased to £203.00 (-80.30%). The whins were cut back on Lannsaidh with a flail. George Lipp and Jack Hay have been instrumental in keeping Ghuibhais accessible.

Commission

The Eagle Hotel has completed another year as the club’s agents for issuing permits. Thanks again to Eric and Suzie. The commission due to them was £394.00. Eric kindly opened the reception for permits and keys during lockdown and yet again they and their staff have been very good to the club.

FIXED DEPOSIT

The lack of deposit facilities being offered by our bankers continues. The club’s surplus funds are still invested, in my wife's name, to produce a return and the security remains in place. The current deposit matures in early 2021. Rates are expected to remain low in line with their current levels.

FINANCIAL SUMMARY

The profit for the year amounted to £2,342 compared with profit of £905 for the year to December 2020. The 2021 season was also effected by Covid 19 with no visitor permits sold. We had more members venturing out, as reflected by the increase in permit revenue. There is also nothing left to depreciate. The committee have plans to discuss regarding altering the Lannsaidh access, with the owner’s approval.

SUBSCRIPTIONS AND PERMITS

I have to compile my report ahead of the Auditor’s scrutiny and last year I recommended no increases.

With the financial situation of the club as detailed above, I am pleased to recommend no change for the 2022 season from the current tariff.

The Annual Membership tariff would therefore remain:

£  3.00 for Juniors under 18, who must fish with an adult;

£25.00 for Adult members;

£20.00 for even more experience aged (65+) Adult members.

Members are reminded that the Annual subscriptions are due at the AGM, but can be paid direct to the Treasurer.

FINALLY

I would also like to repeat my thanks to George Munro, who still continues to perform the auditors’ role out of the kindness of his heart.

Richard Dickenson

Treasurer

 

 

 

 

DORNOCH & DISTRICT ANGLING ASSOCIATION

INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2021

   

31-Dec-21

   

31-Dec-20

INCOME

 

£

   

£

Membership Subscriptions

3,403

   

2,460

 

New Member Entry Fees

600

   

500

 

Sale of Permits:

         

               Members

3,506

   

3,024

 

               Visitors

0

   

0

 
 

----------

   

--------------

 

   

7,509

   

5,984

Profit on Angling Booklets

 

3

   

41

Donations

 

236

   

256

Annual Outing

 

140

   

                     212

Bank Interest

 

84

   

255

Other Income

 

0

   

0

   

----------------

 

-------------------

TOTAL INCOME

 

7,972

   

6,748

           

EXPENDITURE

         

Fishing Rents

         

   Cambusmore Estate

270

   

270

 

   Sutherland Estates

350

   

175

 

   W G Thomson

300

   

0

 

   Birichen Estate

350

   

350

 

 

----------

   

--

 

   

1,270

   

795

Fishing Rates: River Evelix

 

75

   

69

   

-------------

            

------

Total Rent & Rates

 

1,345

   

864

General Expenditure:

         

   Restocking

 

               3,163

   

2,774

   Repairs & Maintenance

 

203

   

1,031

   Insurance

 

426

   

418

   A.G.M. Expenses (Catering)

 

0

   

37

   Competition Entry Fees, Expenses & Prizes

0

   

0

   Sutherland Sports Council Affiliation Fee

15

   

15

   Secretary's Honorarium

 

300

   

300

   Boat Convenor's Honorarium

 

75

   

75

   Trophies & Engraving

 

28

   

96

   Advertising Printing & Postage

 

0

   

84

   Chairman's Expenses

 

10

   

10

   Treasurer's Expenses

 

10

   

10

   Road Convenor's Expenses

 

30

   

30

   Gratuities

 

25

   

25

   Depreciation

 

0

   

75

   

----------------

 

-----------------------

TOTAL EXPENDITURE

 

5,630

   

5,843

   

-------------

   

-----------------------

SURPLUS FOR YEAR

 

2,342

   

905

   

=========

 

=============

 

 

 

 

 

DORNOCH & DISTRICT ANGLING ASSOCIATION

CAPITAL ACCOUNT FOR YEAR ENDED 31 DECEMBER 2021

 

N.B.V.

 

Boat Fund

 

N.B.V.

 

1st Jan.2021

Additions

Donations Rec’d

Dept’n

31st Dec. 2021

 

        £

        £

        £

        £

        £

       Fixed Assets

          1

 

 

 

          1

Boathouse (Loch Lannsaidh)

          1

 

 

 

          1

Laoigh Shed

          1

 

 

 

          1

Life Jackets

          1

 

 

 

          1

Echo Sounder, Aeration Pumps

          1

 

 

 

          1

Electronic scales

          1

 

 

 

          1

Other Boat – Bhuidhe

          1

 

 

 

          1

Pioneer @ Balloan

          1

 

 

 

          1

Orkney Spinner - "Angus Murray"

          1

 

 

 

          1

Coulam - "Pheadair"

          1

 

 

 

          1

Coulam - "Captain Bob"

          1

 

 

 

          1

Simpson "Judi G"

          1

 

 

 

          1

Simpson "Balloan"

          1

 

 

 

          1

Simpson "Dr J R J"

          1

 

 

 

          1

Coulam " "

          1

 

 

 

          1

Simpson "Thomson"

          1

 

 

 

          1

Simpson 15' " "

          1

 

 

 

          1

Simpson 12' " "

          1

 

 

 

          1

Lannsaidh Loo

          1

 

 

 

          1

Solar lighting

          1

 

 

 

          1

Larch Boat “MOG”

          1

 

 

 

          1

Indespension Trailer             

          1

 

 

 

          1

 

===========

 

 

 

============

Totals

        21

 

 

 

        21

 

N.B.V.

 

 

Current Assets

 

Cash in Hand                                           £0           

Bank Account                                   £5,718

Fixed deposit                                 £18,254

Debtors and Prepayments                    (£16)

                                                      -------------

                                                                                                £23,956

Current Liabilities

Accrual                                                £700

 

Net Current Assets                          £23,256

Total Assets less Current Liabilities  £23,277

 

 

Represented by;

 

Balance as at 1st Jan. 2021              £20,935

Add Surplus for the year                   £2,342

                                                      ------------

Balance as at 31st Dec. 2021            £23,277

 

 

Examined and found to be correct.

The Association should continue its efforts to find a bank which will take a deposit in the name of the Association rather than in the name of an individual, as at present.

 

 

George Munro

Auditor

                 

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