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Click here to view 2009/2010 Club Review – Part 2 - Mardens Club

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INCOME AND EXPENDITURE<br />

For the year ended 31st May <strong>2010</strong><br />

<strong>2009</strong> <strong>2010</strong><br />

£ £<br />

Income<br />

Subscriptions 8,837 9,546<br />

Race training 14,182 16,804<br />

Advertising 5,726 7,129<br />

Sales 463 200<br />

Miscellaneous 1,015 1,508<br />

Interest 93 13<br />

30,317 35,201<br />

Expenses<br />

Cost of sales 314 260<br />

Prizes 1,774 2,561<br />

Printing 2,491 2,793<br />

AGM - hire of room and net cost of reception 1,084 1,121<br />

Insurance & engraving 289 223<br />

Liability insurance 1,575 655<br />

Subscriptions 0 540<br />

Executive Vice President's honoraria 2,326 3,045<br />

Administration & travel 2,028 1,344<br />

Depreciation 411 411<br />

Bank charges 170 171<br />

Miscellaneous 135 157<br />

(Profit)/loss on exchange -1,540 -343<br />

11,056 12,938<br />

Winter activities<br />

Functions 2,024 2,852<br />

Training expenses 10,529 16,010<br />

Race expenses 963 1,822<br />

Other admin costs 536 862<br />

14,052 21,546<br />

Net Surplus/(Deficit) for the year 5,209 718<br />

80

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