Another lockdown at the start of the new year meant that the club essentially went into hibernation in January – it was a very quiet month.
The club’s committees spent only £2,777.46. and most of this was by the Communications Committee, including postage of merchandise (£2,200.07) from the Christmas rush in December and PayPal fees on new sales in the last month (£157.68). The only other notable spending was also from December, for pitch hire for the Women’s 5s sessions (£277.92)
Our income in January was £4,455.31, down from £12,175.57 the previous month. This includes merchandise sales of £3,625.53 (before the deduction of PayPal fees of £157.68), monthly direct debit donations (£84.88)and other individual donations totalling £138.00.
In January, we also received membership fees totalling £606.90 (£635 less PayPal fees of £28.10). By the end of the month we had 34 membership renewals and 20 new members. Since the start of our financial year in July 2020, we have had 1348 renewals or new memberships (more than the whole of 2019/20) and now have a total active membership of 1534.
In reporting the club’s expenditure, VAT is listed separately, In January, we collected £333.44 from the sales of our merchandise and can claim back £759.86 from VAT added to purchases made by the club and by the Old Spotted Dog Ground Trust. This means that we can reclaim £426.42 for the month from HM Revenue & Customs.
CLAPTON AGAINST CORONA HARDSHIP FUND
We have recorded Hardship Fund income and spending separately since this initiative was set up ten months ago and in January 2021, the income and spending for the Hardship Fund was:
| Donations received for CCFC supporters | £294.65 |
| Payments made from Hardship Fund | £345.00 |
In total, £12,250.40has been received and £11,740.00 has been paid out so far from the Hardship Fund from March to the end of January 2021,
The club’s full income and expenditure for January 2021 is as follows:
INCOME
| Merchandise | £3,625.53 |
| Membership * | £606.90 |
| Monthly direct debit donations ** | £84.88 |
| Other income | £138.00 |
| £4,455.31 |
*After £28.10 fees
** After £3.12 fees
EXPENDITURE
| Access for Women | |
| Pitch hire for December 2020 | £277.92 |
| Club Board | |
| Online meeting costs | £36.00 |
| Communications Committee | |
| Postage | £2,200.07 |
| PayPal fees on merchandise sales | £157.68 |
| Mailchimp credits for members mailings | £30.35 |
| Merchandise storage costs | £12.64 |
| Online store costs | £3.49 |
| £2,404.23 | |
| Finance Committee | |
| Accounting software | £25.50 |
| Membership Committee | |
| Labels for membership packs | £33.81 |
| TOTAL | £2,777.46 |