Cheadle & Gatley District Bowling League

Financial Plan 2023-2027

The League’s finances are guided by a plan, which normally last five years. The plan 2018-22 has expired, the next five years is shown below.

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

2023 2024 2025 2026 2027
Club fee: evening team £123 £126 £126 £129 £129
Assumed number of evening teams 18 18 18 18 18
Club fee: vets team £89 £91 £91 £94 £94
Assumed number of vets teams 50 50 50 50 50
 
Projected revenue £6,664 £6,818 £6,818 £7,022 £7,022
 
Prize fund ratio 55% 55% 55% 55% 55%
Prize fund £3,665 £3,750 £3,750 £3,862 £3,862
 
 
Honorariums ratio 22% 22% 22% 22% 22%
 
Honorariums total £1,466 £1,500 £1,500 £1,545 £1,545
Honorariums detail:
Secretary 33% £490 £500 £500 £510 £510
Treasurer 25% £370 £380 £380 £390 £390
Evening Match Sec 17% £250 £260 £260 £260 £260
Vets’ Match Sec 25% £370 £380 £380 £390 £390

The budget figures 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.

The guidelines for the Prize allocations are.

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

The Honorariums are as shown.

The post of Veterans’ Secretary was abolished at the January 2018 AGM.