CAIRNS HOCKEY 2017 BUDGET - 29th November 2016

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Hilary Miller
5 years ago
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1 CAIRNS HOCKEY 2017 BUDGET - 29th November 2016 Income Total Membership & Registrations Membership & Registration $ 200, based on the 2017 schedule of Fund Raising, Grants & Sponsor Sponsorship $ 38, based on reasonable expectati Hockey QLD Contribution $ 10, subject to new funding guidelin Raffle Sales $ based on misc revenues BBQ & Kitchen Takings $ 4, when CHA delviers BBQ Kiosk & Bar Sales Kiosk & Bar Takings $ 154, based on average year combin Uniform Sales $ 24, new uniforms in 2017 could be Hall Rental $ 1, misc hiring facility Comp's, Game Fees & Hire Turf/Grass Game Fees $ 160, game fees Turf/Grass Hire $ 54, clubs and others hiring turf Summer Sixes $ 16, this might well improve in 2017 Indoor Hockey $ 7, this should improve in 2017 but Dev, Academy, Clinics & Rep's Development Income $ 76, Development Tours $ Grant income $ 4, possible sport and rec grant m Rep Teams Program $ 168, Monie received from all rep tea Special Events Championships & Functions $ 20, revenues for events we might Sundry Income Interest $ 3, based on previous years Sundry Income $ 5, income not included in above Total Income $ 949, Cost of Sales Purchases & Labour Bar Purchases $ 35, based on average years Kiosk Purchases $ 35, based on average years Catering, BBQ's Etc Purchases $ 4, Labour - Bar & Kiosk $ 26, we have taken this from emplo Freight on Purchases $ Uniform Purchases $ 12, new unfiroms this year Total Purchases & Labour $ 113, Total Cost of Sales $ 113, costs of sales are now incorpor Gross Profit $ 835, net figure exclusing ASPIRE FU Expenses Administrative Expenses Accounting & Audit Fees $ 4, possible reduction now BDO ar Bookkeeping Expenses $ 20, Rodney's costs Advertising & Promotion $ 10, costs of FOC signage, function Bank Charges $ 1, Borrowing Costs $ 2, this includes changing banks in

2 Cleaning $ 10, currently this is being reviewed Computer Expenses $ 4, costs replacing some compute Web Hosting & Charges $ 2, Donations/Sponsorships $ 1, costs to CHA Entert, Functions & Meetings $ 20, these are the costs attributed t Fees & Permits $ 2, compliance issues Gas $ 2, facility Electricity $ 54, facility General Expenses $ 8, facility and operations Hire of Plant & Equipment $ 17, attributable to facility - repairin Pest Control $ complainace Insurance $ 32, facility and player insurances Interest Bendigo Bank - turf replaced $ 15, loan Legal Fees & Survey Fees $ 1, misc Medical/First Aid Supplies $ 1, updating first aid Merchant Facility Fees $ 1, eptpos Postage $ Printing & Stationary $ 5, operations Total Interest $ 24, Repairs & Maintenance Council Rates $ 11, facility Water Rates $ 3, facility Council Lease $ 1, facility Development & Planning Coaching Aids & Equipment $ 9, coaching support Travel/Accom - General Admin $ 5, board and operations travel Travel /Accom - RCD David/Matt $ 19, pathway support 4 staff Travel/Accom - Rep Teams only $ 180, rep team $160K and umpires $20K Motor Vehicle Expenses M/Vehicle Fuel & Oil $ 3, aspire has M/Vehicle Ins & Rego $ 2, these expenses M/Vehicle R & Maintenance $ 4, as well Property Expenses Development $ 4, Repairs & Maintenance Turf Expenses $ 4, agreement with HQ if required Repairs & Maintenance $ 13, general Security $ 1, grand final etc Telephone $ 15, $3500 ususal and $12K new sys Training Admin $ 2, prof dev Waste Disposal $ 7, Employment Expenses Volunteers and umpire expenses $ 4, payments Staff Amenities $ Staff Training $ course Superannuation $ 37, compliance

3 Wages $ 364, includes aspire Workers' Compensation $ 6, compliance Total Expenses $ 950, Operating Profit Other Income Aspire Income $ 232, Interest Income $ Total Other Income $ 232, Other Expenses Bank Charges $ Promotional expenses $ 7, Competition & Support Expenses $ 5, Karumba/Horn Fees & Permits $ Postage $ Printing & Stationery $ Coaching Aids & Equipment $ 6, Equipment Travel & Accommodation Costs $ 25, ongoing costs Hire of Vehicles $ Travel - Flights $ 6, specific programs Travel - Other $ 6, specific programs M/V - Fuel & Oil $ 4, cars M/V - Registration & Insurance $ 1, cars M/V - Repairs & Maintenance $ 1, cars Telephone $ share of CHA Uniforms $ 3, teams/staff Staff Training $ 3, conferences Total Other Expenses $ 75, Net Profit/(Loss) $ 41, Profit NOTES HERE 1. We currently have a credit with Endevour Travel in the sum of $15K which we will be able to use for CHA benefit in 2017 effectively adding minimum $15K to the bottom line 2. Changing Banks - establishment of offset account potential savings up to $7K depending on the timing Negotiations are underway with several options 3. Increased fees are designed to offset the annual increases in operating costs only 4. Re-establishing C Grade Men competition will bring additional game fees that are not included in the budgetuntil confirmed Additional Matters

4 Income Endevour Travel $15,000 Offset account $7,000 C Grade Men $8,000 TOTAL $30,000 Expenses 90th Year events $7,000 supplementing juniors $10,000 set up costs improvement $13,000 TOTAL $30,000 any set up costs for the improvements relating to the 2.7million funding must be paid up front and then can be claimed back from the 2.7m in funding Any amounts receipts exceed expenses will be used $30K min into sinking fund for turf replacement Balance will be used for out of budget expenses or to balance any shortfall on anticipated receipts This budget does not bring into the Operating Accounts the 2.7million dollar confirmed funding. This will be bought into the associations budget once the costsing and payment schedule is confirmed Benefits to CHA through Aspire Program $ comes into the accounts. We have showed this year through the accounts where the monies are applied and how this program provides actual bebefits to CHA. Antiicpated new programs in 2017 will bring added benefits to CHA members through this partnership Changes to Hook in2 Hockey from Hockey Australia will have some impact so will Hockey Queensland's decision to enforce registration for Under 10 players The additional rounds being played through senior grades is to try and keep junior fees low and not pass on the increased costs these decisions of HA and HQ impact on CHA members.

5 fees ions nes ne kiosk and bar increased sales 7 with new programs t general estimate 4 and balance Coaching Dept Budget money for development ams in 2016/2016 host oyment line rating staffing costs UNDING re sponsors ns/sponsor servicing n 2017

6 d for 2017 ers to events/hiring etc ng etc d stem

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Sep 2017 Actual. Variance $ Variance % Sales Bar 81,537 95,814 (14,277) (14.9)% 75, , ,051 18, % 757,626

Sep 2017 Actual. Variance $ Variance % Sales Bar 81,537 95,814 (14,277) (14.9)% 75, , ,051 18, % 757,626 BAR Sales Bar 81,537 95,814 (14,277) (14.9)% 75,580 824,795 806,051 18,744 2.3 % 757,626 Less Cost of Sales Purchases (31,059) (37,000) 5,941 16.1 % (29,401) (325,408) (322,717) (2,691) (0.8)% (300,210)