1 23 FY 17 Treasurers Report BMX South
1 23 FY 17 Treasurer’s Report
BMX South Queensland FY 17 • In. Come • • • Events Memberships Raffles, Merch Timing Sponsors Interest • FY 17 Profit • Expenses 83, 577. 50 19, 043. 00 7, 907. 84 5, 241. 00 5, 099. 48 1, 365. 26 68. 4% 15. 6% 06. 5% 04. 3% 04. 2% 01. 1% 122, 234. 00 100. 0% $2502 • • • Events Timing Equipment Athlete Dev Admin Volunteers Club Development $72, 847 $13, 956 $13, 814 $12, 048 $5, 068 $1, 836 60. 9% 11. 7% 11. 6% 10. 1% 04. 2% 01. 5% $119, 569 100. 0% • Mylaps Lease $11262, Aug 17 -Aug 18 • Funded by Grant $12833, Aug 14 -Aug 17 • Aiming for self ownership
BMX South Queensland – FY 17 • Key Numbers Shootout Series Participation Up, BMX South Queensland Champs Participation Record Hit. Out Event, Break Even/Marginal Profit Memberships Increased over the previous year +8. 6% +11. 3% +29. 4% +10. 7% • Event Medical Costs, shift to 1300 Medics • Athlete Development, continue to increase investment +42. 0% +50. 0% • Zone Cash Reserve (Queenslanders Credit Union) $50 K • • • Westpac, main working accounts
BMX South Queensland - Equity BMX South Qld - Equity FY 14/F 15/F 16/FY 17 $140, 000 $120, 000 $100, 000 $80, 000 $60, 000 $40, 000 $20, 000 $0 FY 14 $ (688. 66) FY 15 $ (1, 114. 00) FY 16 $- FY 17 $ (89. 00) Fixed Assets $ 57, 797. 00 $ 47, 540. 16 $ 37, 980. 57 $ 38, 130. 57 Current Assets $ 43, 059. 00 $ 64, 997. 56 $ 79, 882. 94 $ 82, 509. 71 Liabilities
BMX South Queensland – Timing Project BMX South Qld Timing Operations $12, 000 $10, 000 $8, 000 $6, 000 $4, 000 $2, 000 $0 In. Come FY 18 $ 4, 500 FY 17 $ 5, 241 FY 16 $ 7, 572 FY 15 $ 5, 566 FY 14 $- Expense $ 4, 500 $ 11, 262 $- $- $- In. Come Expense
BMX South Queensland FY 18 Budget • In. Come • • • Events Memberships Raffles, Merch, Timing Sponsors Interest • FY 18 Profit • Expenses 85, 000. 00 21, 000. 00 8, 000. 00 4, 500. 00 5, 000. 00 1, 300. 00 68. 1% 16. 8% 6. 4% 3. 6% 4. 0% 124, 800. 00 100. 0% $7300 • • • Events Timing Equipment Athlete Dev Admin Volunteers Club Development • Mylaps Lease $75, 000 $15, 000 $13, 000 $7, 000 $2, 500 63. 8% 4. 3% 12. 8% 11. 1% 6. 0% 2. 1% $117, 500 100. 0% $4500 • Inventory reduced to cover 4 month members and transponder failures
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