In February 2020, the club spent a massive £30,619.51 – but before anyone starts to panic, 70% of this was planned for and included £18,965.61 in corporation tax on our merchandise sales in 2018-19 and payment of a further £2,773.22 in VAT we collected from sales between October and December 2019.
That’s right: lowly Clapton CFC currently pays more taxes than nearly two thirds of Championship sides, contributing in a small way to the costs of the infrastructure, NHS hospitals and local football pitches that we all use.
Our main monthly expenditure was £8,880.68, with the largest portion (£2,010) covering the latest instalment of the pitch hire at Wadham Lodge for the Women’s First Team.
The other significant expenditure covered solicitor’s fees (£1,545) for our negotiations over the Old Spotted Dog Ground and costs for new merchandise, primarily goalkeepers shirts (£1,509.60).
We have also paid for the registration of the Women’s 5-a-side team to play in a tournament in Amsterdam at the end of May.
Our income in February was £10,723.58. The largest proportion of this was £7,387.63 from merchandise sales, which remain healthy for the second month of 2020.
|Women’s first team pitch hire||£2,010.00|
|Merchandise: goalkeepers' shirts||£1,509.60|
|Postage for merchandise||£449.28|
|Women’s 5s tournament registration||£420.00|
|Assorted pitch hire||£240.00|
|Printing "Ton!" books||£194.00|
|Food for players||£115.00|
|Expenses for homeless project event||£64.96|
|Mailing bags and labels||£61.51|
|Players personal accident insurance||£58.94|
|Online store subscription||£35.00|
|Young Tons refreshments||£33.10|
|Refreshments for players||£6.00|
|Match day donations||£1,690.00|
|Young Tons session donations||£472.96|
|Monthly direct debit donations||£100.20|
|Donations for Women's 5 sessions||£88.20|