NEWTON ABBOT TABLE TENNIS CLUB  -   FINANCIAL STATEMENT 2018-19
INCOME Income EXPENDITURE Expenditure 
Balance brought forward 2017-18 cash £      263.95 Hire of Premises  (BACS transfer) £    6,312.47
bank account £   2,742.73 TTE Premier Club Annual Subscription £         55.00
TTE Individual membership fees paid through club £       160.00
Teign School sessions  £     8,040.00 South Devon League Team & Indiv fees £       580.00
Memberships  £        755.00 South Devon League Fine £           5.00
Sale of Bats / Balls / shirts etc  £        457.50 Equipment - Bats / Balls / Clothing etc  £       924.50
Coaching Session £        227.50 4 New Joola Match Tables & Equipment £    1,427.18
Table Tennis England Grant (BeTT) £        536.00 Trophies and Prizes (summer singles) £       109.89
Refreshments £         56.55
DBS checks / Coaching courses etc £       195.00
Bryant Coaching Session Fee £       200.00
TOTAL INCOME £   13,022.68 TOTAL EXPENDITURE £ 10,025.59
Surplus Bank £         2,574.84
Cash £           422.25
TOTAL £         2,997.09  £     2,997.09 Dated July 1st 2019
The Club’s finances are in good shape.  June invoice for hire of premises still due. 
income and expenditure within £10 over a £10K turnover. Assets have increased with 4 new match tables and extra equipment purchased
The Teign School Governors are always looking at reviewing hire costs so we should probably keep session fees and match fees at the current rate to ensure we can meet any rise.
The South Devon & Torbay League are raising their individual membership the fees for coming season. But it will not be necessary for us to increase our fees.
So finances are good and we are committed to keeping the cost of playing table tennis at our club as low as possible.
The future of our free website is in danger so we may need to fund our own website in the future. (Secure for 2019-20 season)

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