Expenditure during the month of February remained lower than usual, totalling £5866,87 after low levels of expenditures in January (£3,647.98).
A unique item of spending this month involved the one-off £1200 spent on legal fees for the OSD Warehouse contract. In addition, £720,49were collected in donations by CCFC and transferred for the OSD.
As per usual, training pitch hires were large items of spending and totaled £900 for the Men’s First Team, £757,38 for Access for Women, £625 for the Young Tons, and£230for the Women’s Team Saturday League Pitch Hire.
The Women’s First Team spent £460 on coaching and £150 on match officials, the Men’s First Team spent £250 on ground hire, £115 on match officials and £265 on physiotherapy costs. The Men’s Development team spent £50 on match fees and £20 on kit laundry.
In terms of merchandise, £217,92 was spent on merchandise storage in addition to £748,84 on postage costs, £152 on programme printing costs and £37,75 on MailChimp credits. In addition, the usual monthly £24,70 was spent on the accounting software. Expenditure related to membership involved £339,60 on postage, £263,02 on Membership Cards and £51,66 on labels.
This month, £84 was spent on disciplinary fines.
The Club’s income dropped this month to £6797,10 from £10,040.48 inJanuary.
The constantly incredible work of the merchandise team brought in £2 495,41 (after the deduction of PayPal fees of £189,17).
The income is also largely due to the generous donations collected during all the initiatives and for all the teams across the club: £811,70 was collected by the Young Tons, a wonderful £1 365,03 was donated at the Men’s First Team game, £601,87 was donated at the Women’s First Team games, £245 at the Women’s 5s as well as £228 of other donations and £45.26 of direct debit donations. A further £102 was donated at Match Days.
Membership this month brought in£902,83 after £52,17 in fees. February 2022 again saw growth on the same period (subs up 2.82%, income up 7.22%). This was again a record for subscriptions since the club’s formation, as well as a record for the combined income from subs and donations -despite donations being down 15.1%. As of March 1st, the club is only £108.51 off last year’s total for donations.
In reporting the club’s expenditure, VAT is listed separately. In February, we only collected £233,83
and spent £2784,79.
CLAPTON AGAINST CORONA HARDSHIP FUND
We have recorded Hardship Fund income and spending separately and in February 2022, the income and spending for the Hardship Fund was:
|Donations received for CCFC supporters||£19,17|
|Payments made from Hardship Fund||£0|
In total, £14,494.24 has been received and £13 672has been paid out so far from the Hardship Fund from March 2020 to the end of February 2022. The remaining balance is thus £822.24
The club’s full income and expenditure for February 2022 is as follows:
|Merchandise*||£ 2 495,41|
|Match Day Men’s First Team||£ 1365,03|
|Match Day Sum Up Donations||£ 102,00|
|Match Day Women’s First Team||£ 601,87|
|Young Tons donations||£ 811,70|
|Other donations||£ 228,00|
|Women’s 5 session donations||£ 245,00|
|Monthly Direct Donations||£ 45,26|
|Total CCFC Income||£ 6797,10|
*After a total of £189,17 in fees
**After £52,17 in fees
|Eurocates for mechandise storage||£ 217,92|
|Postage Costs||£ 748,84|
|Programme Printing Costs||£ 152,00|
|MailChimp Credits||£ 37,75|
|Accounting Software||£ 24,70|
|Men’s First Team|
|Training Pitch hire||£ 900,00|
|Match Officials||£ 115,00|
|Ground Hire January 2022||£ 250,00|
|Physiotherapy costs||£ 265,00|
|Kit Laundry||£ 20,00|
|Match fees||£ 50,00|
|Access for Women|
|Pitch hire Jan to March 2022||£ 757,38|
|Ground hire January 2022||£ 125,00|
|Saturday League Pitch Hire||£ 230,00|
|Coaching costs||£ 460,00|
|Match Officials||£ 150,00|
|Pitch hire||£ 625,00|
|Membership Cards||£ 263,02|
|League Liaison Committee|
|Disciplinary Fines||£ 84,00|
|Legal fees for OSD Warehouse contract||£ 1200,00|
|Total CCFC Expenditure||£ 5866,87|
|Transfers Collected for OSD|
|Transfer of collected donations for the OSD||£ 720,49|
THE OLD SPOTTED DOG GROUND
Expenditure on our new home is managed by the Old Spotted Dog Ground Trust (OSDGT), the subsidiary company we set up. However, like the club, spending will appear on the OSDGT website and for transparency.
|OSD Gift Card||£ 104,32|
|Crowdfunding Appeal||£ 346,98|
|SumUp Donations||£ 60,00|
|TOTAL OSD Income||£ 705,23|
|Loan repayment for purchases of the ground||£ 1108,69|
|TOTAL OSD Expenditure||£1108,69|