Cheadle and Gatley District Bowling League

Financial planning

The league’s finances are guided by a plan, which normally lasts five years. The current plan was adopted for the 2013 season.

Compared to other leagues, we have low fees and correspondingly low prizes. We also pay a larger proportion of the income as honorariums. The plan aims to redress these imbalances in a progressive manner. The guideleines are:

In addition, it seeks to provide some consistency in the way prizes are calculated:

The plan specifies what the club fees should be each year. The actual income will depend on the numbers of teams in the league, and expenditure will also vary accordingly.

Budget

In this budget numbers are rounded, fees to the nearest pound and the prize fund and honorariums to the nearest £10. Sometimes this makes the jumps appear uneven, but these balance out over time.

2012 2013 2014 2015 2016 2017
Club fee: evening team £83 £87 £92 £96 £101 £106
Assumed number of evening teams 30 30 30 30 30 30
Club fee: vets team £60 £63 £66 £69 £73 £77
Assumed number of vets teams 66 66 66 66 66 66
 
Estimated total £6450 £6768 £7116 £7434 £7848 £8262
 
Prize fund ratio 50% 51% 52% 53% 55% 55%
Prize fund £3230 £3450 £3700 £3940 £4320 £4540
 
Honorariums ratio 25% 24% 23% 22% 20% 20%
Honorariums total £1610 £1620 £1640 £1640 £1570 £1650
Honorariums detail:
  Secretary (25%) £400 £410 £410 £410 £390 £410
  Treasurer (25%) £400 £410 £410 £410 £390 £410
  Match Sec (17%) £270 £270 £270 £270 £260 £280
  Vets’ Sec (17%) £270 £270 £270 £270 £260 £280
  Vets’ Match Sec (17%) £270 £270 £270 £270 £260 £280

Prizes

The guidelines are:

Based on these principles, a target prize fund can be converted to the awards for the individual cases.