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:
|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|
|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|
|Manufacture of merchandise||£ 7,172.73|
|Merchandise production||£ 976.50|
|Online Store Cost||£ 3.49|
|Men’s First Team|
|Training pitch hire||£ 950.00|
|Match officials||£ 260.00|
|Ground hire||£ 15.00|
|Physiotherapy services||£ 127.00|
|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|
|Long term storage||£ 19.00|
|Bank charges||£ 6.32|
|Xero accounting software||£ 26.60|
|MailChimp credits||£ 61.06|
|Loan repayment for purchase of the ground||£ 1,108.69|
|Total Expenses||£ 27,012.59|
|VAT in January 2023|
|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|