FINANCIAL REPORT to AGM 26th June 2015
The Club’s finances are in good shape. With little major expenditure in our 2nd year, income has easily outpaced expenditure. In our first year we had to build up equipment as well as meet CLUBMARK criteria for our coaches and officers. Having got most things in place the only major expenditure, other than venue hire and fees was that of the coaching course for Nick, and we managed to secure a bursary of £90 to offset that.
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 in expenditure on venue hire.
Neither the South Devon & Torbay League, or Table Tennis England are increasing their fees for the coming season.
So finances are good, and we are committed to keeping the cost of playing table tennis at our club as low as possible. So if there is anybody out there that would like to sponsor the club in any way, or if anyone has any contacts, I would be interested to hear from them