Financial Position
at End of 2008-2009 Season
Note that the Financial Report for the 2009 Pacific Rim Cup Bonspiel
has also been provided after the main Report.
Actual |
Actual |
Budget |
Actual |
2008/09 Actual |
|||
2006/07 |
2007/08 |
2008/09 |
2008/09 |
to Budget |
Notes |
||
| DETAIL | |||||||
| Number of Teams | 40 |
34 |
40 |
38 |
-2 |
||
| Registration Fee per Curler | $250 |
$265 |
$265 |
$265 |
$0 |
||
| REVENUE | |||||||
| Previous year carry -over | $1,913 |
$2,262 |
$4,710 |
$4,710 |
|||
| Membership fees | $40,138 |
$37,320 |
$42,400 |
$41,413 |
-$987 |
a |
|
| PacRim Bonspiel | $13,060 |
$16,237 |
$16,000 |
$16,058 |
$58 |
||
| Gay Cup | $1,135 |
$1,480 |
$1,400 |
$1,715 |
$315 |
||
| Spare membership | $810 |
$900 |
$800 |
$780 |
-$20 |
||
| Donations | $0 |
$0 |
$0 |
$600 |
$600 |
b |
|
| Mug sales | $0 |
$0 |
$0 |
$140 |
$140 |
||
| Year end banquet tickets | $100 |
$20 |
$20 |
$240 |
$220 |
||
| Total funds available | $57,155 |
$58,219 |
$65,330 |
$65,656 |
$326 |
||
| DISBURSEMENTS | |||||||
| Ice: Mondays & Sundays | $30,292 |
$25,492 |
$33,397 |
$31,721 |
-$1,677 |
c |
|
| PAC CUP Bonspiel | $11,906 |
$14,349 |
$15,000 |
$12,901 |
-$2,099 |
d |
|
| Association dues ($35 + gst) | $6,678 |
$5,565 |
$6,680 |
$6,505 |
-$175 |
||
| Year end banquet | $3,500 |
$5,000 |
$5,000 |
$5,500 |
$500 |
e |
|
| Gay Cup | $1,009 |
$1,066 |
$1,100 |
$1,092 |
-$8 |
||
| Annual prizes | $406 |
$915 |
$900 |
$900 |
$0 |
||
| Pride entry | $0 |
$0 |
$1,200 |
$709 |
-$492 |
||
| Banner | $0 |
$0 |
$300 |
$378 |
$78 |
||
| Honour roll | $0 |
$0 |
$0 |
$310 |
$310 |
f |
|
| Year end engraving | $242 |
$176 |
$200 |
$200 |
$0 |
||
| Post office box rental | $147 |
$155 |
$160 |
$158 |
-$3 |
||
| Web site | $119 |
$119 |
$119 |
$119 |
$0 |
||
| Administration | $27 |
$19 |
$30 |
$101 |
$71 |
g |
|
| Prior year items | $0 |
$0 |
$0 |
$66 |
$66 |
||
| Xtra West (ad) | $284 |
$379 |
$0 |
$0 |
$0 |
h |
|
| Wine and labels | $283 |
$273 |
$0 |
$0 |
$0 |
||
| Total expenditures | $54,893 |
$53,509 |
$64,086 |
$60,657 |
-$3,429 |
||
| Net surplus (- deficit) for the year | $349 |
$2,448 |
-$3,466 |
$288 |
$3,755 |
||
| Ending cash balance | $2,262 |
$4,710 |
$1,244 |
$4,998 |
$3,755 |
||
| Notes: | |||||||
| a) | Registration lower than budget due to 38 actual teams vs 40 budgeted, but higher than 2007/2008 as we reclaimed 1 draw per week | ||||||
| b) | Pride donation and a PRCL Honor Roll donation | ||||||
| c) | Ice rental lower as there was one less week of scheduled games than original budget | ||||||
| d) | Detail on other side of this page | ||||||
| e) | Increased based on confirmed attendance | ||||||
| f) | One time cost of the plaque | ||||||
| g) | Ordered new deposit books from CIBC | ||||||
| h) | Sponsored by FountainHead Pub | ||||||
PACIFIC RIM CUP BONSPIEL 2009 |
|||||||
Actual |
Actual |
Budget |
Actual |
Act to Bud |
|||
2007 |
2008 |
2009 |
2009 |
Variance |
Notes |
||
| DETAIL | |||||||
| Number of Teams | 27 |
32 |
32 |
32 |
0 |
||
| Registration Fee per Team | $400.00 |
$400.00 |
$400.00 |
$400.00 |
$0.00 |
||
| REVENUE | |||||||
| Registration | $10,800 | $12,800 | $12,800 | $12,800 | $0 | ||
| Fundraising-Reverse Draw | $1,920 | $2,536 | $2,400 | $1,355 | -$1,045 | a |
|
| Fundraising-Food | $0 | $0 | $0 | $970 | $970 | a |
|
| Banquet Tickets | $240 | $320 | $240 | $400 | $160 | ||
| 50/50 draw Friday | $0 | $171 | $150 | $330 | $180 | ||
| 50/50 draw Saturday | $0 | $250 | $250 | $153 | -$98 | ||
| Donation | $100 | $160 | $100 | $50 | -$50 | ||
| Total | $13,060 | $16,237 | $15,940 | $16,058 | $118 | ||
| EXPENSES | |||||||
| Ice Rental | $2,150 | $2,310 | $2,426 | $2,310 | -$116 | b |
|
| Prizes: | |||||||
| Event | $3,500 | $3,500 | $3,500 | $3,500 | $0 | ||
| Opening Draw | $400 | $400 | $400 | $400 | $0 | ||
| Reverse Draw/Basket | $0 | $297 | $300 | $21 | -$279 | ||
| Saturday Night | $100 | $0 | $0 | $50 | $50 | ||
| Old FartS | $100 | $100 | $100 | $0 | -$100 | ||
| Administration | $19 | $51 | $50 | $3 | -$47 | ||
| Banquet | $4,397 | $5,494 | $5,494 | $5,298 | -$196 | ||
| BBQ | $262 | $185 | $185 | $33 | -$152 | ||
| Breakfast | $85 | $45 | $45 | $63 | $18 | ||
| Food | $0 | $0 | $0 | $274 | $274 | c |
|
| Charity Donation | $100 | $100 | $100 | $100 | $0 | ||
| Decorations | $84 | $201 | $300 | $183 | -$117 | ||
| Engraving | $0 | $84 | $84 | $84 | $0 | ||
| Martini Bar | $0 | $325 | $325 | $0 | -$325 | d |
|
| Mimosa | $209 | $222 | $222 | $0 | -$222 | d |
|
| Programs | $0 | $222 | $225 | $90 | -$135 | ||
| Raffle Tickets | $0 | $95 | $95 | $49 | -$45 | ||
| Saturday Night Ent. | $500 | $719 | $750 | $394 | -$356 | e |
|
| Friday Night | $0 | $0 | $0 | $48 | $48 | ||
| Total | $11,906 | $14,349 | $14,600 | $12,901 | -$1,699 | ||
| Net Surplus | $1,154 | $1,888 | $1,340 | $3,157 | $1,817 | ||
| Notes: | |||||||
| a) | Original budget did not split out food sales and reverse draw, as they had not been tracked separately in the past | ||||||
| b) | Had budgeted an inflationary increase of 2% | ||||||
| c) | Offered food for sale throughout the weekend this year | ||||||
| d) | Vancouver Curling Club could not allow us to sell alcohol this year due to their liquor license | ||||||
| e) | Did not hire an entertainer this year | ||||||