January 2023
Expenditure in January was of £27 012,59 from £10 378,28 in December, excluding the purchase of the Warehouse that occurred in the month.
The expenditure included training and ground pitch hire, with £950 and £15 spent on the training pitch and ground hire by the Men’s First Team, £300 spent on pitch hire by the Youth Training and £10,133.84 (accounted for in advance for the year) and £170.16 spent on the training pitch and ground hire by the Women’s First Team.
The Men’s First Team also spent £260 on match officials, £22,76 on refreshments, £25,10 in socks and £127 onPhysiotherapy Services. The Women’s First Team spent £420 on Coaching staff cost and £140 on match officials. The Youngs Tons spent £110 on DBS Checks.
In terms of merchandise, £7 172,73 was spent on the manufacture of merchandise, £976.05 on merchandise production, £60,15 on postage fees, and £3,49 in online store costs. The Membership committee spent £267,94 on postage. The Communications committee spent £61,06 on MailChimp credits.
The Finance Committee spent the usual £26,60 on the accounting software, £19 on storage and
£6.32 on bank charges.
The Club spent the monthly £1 108,69 for repayment of the OSD Ground loan, as well as £120 on Match officials. While £268.75 was spent on player fines and £120 on Men’s first team promotion fees. The General Organizing Committee spent £500 on consultancy fees, and £2 727,50 on Solicitor’s fees.
The Club’s income increased to £16 605,22 from £14 337,47 in December. The Club received £11,000 in loan repayment from the Old Spotted Dog Ground Trust.
Merchandise brought in £1 293,20 before £142,20 in fees, while membership brought in £924,43 after £55,57 in fees.
Match Day donations totalled £1 985,28.
On top of this, we collected £416,64 in other donations, we received £220 of donations for the Open Access sessions, and £733,67 from Youth Training session. Monthly Direct Debit totalled £32 this month.
In reporting the club’s expenditure, VAT is listed separately. In January, we collected £1 789,32 and spent £1 143,03.
The club’s full income and expenditure for January 2023 is as follows:
| Income | |
| Merchandise | £ 1,293.20 |
| Membership | £ 924.43 |
| Match day donations | £ 1,985.28 |
| Monthly direct debits | £ 32.00 |
| Other donations | £ 416.64 |
| Open Access sessions | £ 220.00 |
| Youth training session donations | £ 733.67 |
| Contribution to loan repayment from OSDGT | £ 11,000.00 |
| Total CCFC Income | £ 16,605.22 |
| Expenses | |
| Youth Training | |
| DBS Checks | £ 110.00 |
| Training pitch hire | £ 300.00 |
| Women’s First Team | |
| Training pitch hire | £ 10,133.84 |
| Pitch Hire | £ 170.16 |
| Coaching staff costs | £ 420.00 |
| Match officials | £ 140.00 |
| Merchandise | |
| Manufacture of merchandise | £ 7,172.73 |
| Merchandise production | £ 976.50 |
| Online Store Cost | £ 3.49 |
| Postage | £ 60.15 |
| Men’s First Team | |
| Training pitch hire | £ 950.00 |
| Refreshments | £ 22.76 |
| Match officials | £ 260.00 |
| Socks | £ 25.10 |
| Ground hire | £ 15.00 |
| Physiotherapy services | £ 127.00 |
| Membership committee | |
| Postage | £ 267.94 |
| Matchday Committee | |
| Match officials | £ 20.00 |
| League Liaison Committee | |
| Men’s first team promotion fee | £ 120.00 |
| Player fines | £ 268.75 |
| General Organising Committee | |
| Consultancy fee (accountability) | £ 500.00 |
| Solicitor’s fees | £ 3,727.50 |
| Finance Committee | |
| Long term storage | £ 19.00 |
| Bank charges | £ 6.32 |
| Xero accounting software | £ 26.60 |
| Communications Committee | |
| MailChimp credits | £ 61.06 |
| OSD loan | |
| Loan repayment for purchase of the ground | £ 1,108.69 |
| Total Expenses | £ 27,012.59 |
| VAT in January 2023 | |
| Collected | £ 1,789.32 |
| Spent | £ 1,143.03 |
| Balance | £ 646.29 |
| OSD Warehouse Loans | |
| Cooperative and Community Finance loans | £100,000.00 |
| Impact Alchemy South CIC loan | £75,000.00 |
| Projected interest on loans over 25 years | £182,695.61 |
| £357,695.61 |