Expenditure in November fell back to £10 060,01 from £15,171,76 in October.
The two main items of spending were: £4128,57 on the manufacture of new merchandise and £1108,69 spentmonthly on the loan repayment fee for the purchase of the Club ground.
On top of this, usual items of spending included training and ground pitch hires, with £950 and £215 of training pitch and ground hire by the Men’s First Team and £400 spent on pitch hire for Youth Training.
The Men’s First Team also spent £130 on match officials, and £6,51 on refreshments. The Women’s First Team spent £240 on changing rooms, £460 on coaching and £341,10 on match officials. The Men’s Development Team spent £400 on pitch permits for the Hackney and Leyton League and £40 on match officials.
The Club also spent £360 on Match Day security while £42 was spent on disciplinary fines this month.
The Club made two donations this month: £252,15 for the Hardship Fund, and £371,65 to Newham Toy Appeal.
The Finance Committee spent the usual £26,60 on the accounting software, £19 on storage and £15,16 on stationery.
Last but not least, the Communications Committee spent £144,08 on postage, £52,80 on Mailchimp credits, £279,72 on website domain name renewal. On top of the £4128,57 spent on merchandise manufacture, other costs included £55,70 and £7,79 on customs import duty and import charges.
The Club’s income rose sharply to £19 092,56 this month, up from £7714,45 in October. The Club brought in £7000 in Home Cup income this month, as well as £1500 through the Women’s First Team FA Cup Prize! On top of this, the club secured the Nationwide Mutual Respect Grant Fund this year from Essex FA, worth £1000.
Merchandise brought in £2 825,90 after £283,70 in fees, while membership brought in £1033,45 (after £63,55 in fees).
We thank our many donors as Match Day donations totaled £2752,98 for our Women’s First Team games and £581,97 for our Men’s First Team games this month.
On top of this, we collected £477,55 from Youth Training Sessions. Other donations totaled £1559,68 and we also received £175 of donations for the Women’s 5 sessions, and £30,68 of direct debit donations. We received generous Christmas donations that totalled £371,65.
The Club is also still receiving £500 monthly from the Old Spotted Dog Ground Trust for repayment of the loan.
In reporting the club’s expenditure, VAT is listed separately. In November, we collected £743,04 and spent £136,70.
The club’s full income and expenditure for November 2022 is as follows:
| Income | |
| Merchandise | £2 825,90* |
| Membership | £1 033,45** |
| Match Day Donations | |
| Men’s First Team | £581,97*** |
| Women’s First Team | £2 752,98**** |
| Non Match Day Donations | |
| Monthly Direct Debit | £30,68^ |
| Other Donations | £1 559,68 |
| Women’s 5 sessions | £175,00 |
| Christmas Donations | £371,65 |
| Donations Youth Training Sessions | £477,55 |
| Cup Income and Prizes | |
| Women’s FA Cup Prize | £1 500,00 |
| Home Cup Income | £7 000,00 |
| Other | |
| Loan Repayment from the Old Spotted Dog Ground Trust | £500,00 |
| Nationwide Mutual Respect Grant Fund – Essex FA | £1 000,00 |
| Total CCFC Income | £19 092,56 |
*After £283,70 in fees
**After £63,55 in fees
*** After £2 in fees
**** After £100,06 in fees
^ After £1,32 in fees
| Expenses | |
| Youth Training | |
| Pitch Hire | £400,00 |
| Women’s First Team | |
| Match officials | £341,10 |
| Coaching staff | £460,00 |
| Hire of changing rooms | £240,00 |
| Men’s First Team | |
| Ground Hire | £215,00 |
| Match officials | £130,00 |
| Refreshments | £6,51 |
| Training Pitch hire | £950,00 |
| Men’s Development Team | |
| Pitch permits for Hackney and Leyton Sunday League | £400,00 |
| Match Officials | £40,00 |
| Match Day | |
| Security Costs | £360,00 |
| Disciplinary Fines | £42,00 |
| Hardship Fund | |
| Donation | £252,15 |
| Finance Committee | |
| Stationery | £15,16 |
| Long Term Storage | £19,00 |
| Accounting Software | £26,60 |
| Community and Outreach | |
| Donation to Newham Toy Appeal | £371,65 |
| Communications | |
| Website Domain name renewal | £279,72 |
| MailChimp Credits | £52,80 |
| Postage | £144,08 |
| Online store costs | £3,49 |
| Merchandise costs: Customs Import Duty | £55,70 |
| Merchandise costs: Manufacture of merchandise | £ 4 138,57 |
| Merchandise costs: Import charges | £7,79 |
| OSD loan | |
| Loan repayment for purchase of the ground | £1 108,69 |
| Total Expenses | £10 060,01 |