The League’s finances are guided by a plan, which normally last five years. The plan 2013-17 as expired, the next five years is shown below.
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, likewise the expenditure.
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.
2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |||
Club fee: evening team | £83 | £87 | £92 | £96 | £101 | £106 | £109 | £112 | £116 | £119 | £123 | ||
Assumed number of evening teams | 30 | 30 | 30 | 30 | 30 | 30 | 26 | 26 | 26 | 26 | 26 | ||
Club fee: vets team | £60 | £63 | £66 | £69 | £73 | £77 | £79 | £82 | £84 | £87 | £89 | ||
Assumed number of vets teams | 66 | 66 | 66 | 66 | 66 | 66 | 58 | 58 | 58 | 58 | 58 | ||
Estimated total | £6,450 | £6,768 | £7,116 | £7,434 | £7,848 | £8,262 | £7,416 | £7,668 | £7,888 | £8,140 | £8,360 | ||
Prize fund ratio | 50% | 51% | 52% | 53% | 55% | 55% | 55% | 55% | 55% | 55% | 55% | ||
Prize fund | £3,230 | £3,450 | £3,700 | £3,940 | £4,320 | £4,540 | £4,078 | £4,217 | £4,338 | £4,477 | £4,598 | ||
2012-17 | 2018-22 | ||||||||||||
Honorariums ratio | 25% | 24% | 23% | 22% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | ||
Honorariums total | £1,610 | £1,620 | £1,640 | £1,640 | £1,570 | £1,650 | £1,483 | £1,533 | £1,577 | £1,628 | £1,672 | ||
Honorariums detail: | |||||||||||||
Secretary | 25% | 33% | £400 | £410 | £410 | £410 | £390 | £410 | £498 | £506 | £520 | £537 | £552 |
Treasurer | 25% | 25% | £400 | £410 | £410 | £410 | £390 | £410 | £371 | £383 | £394 | £407 | £418 |
Match Sec | 17% | 17% | £270 | £270 | £270 | £270 | £260 | £280 | £252 | £261 | £269 | £277 | £284 |
Vets’ Sec | 17% | 25% | £270 | £270 | £270 | £270 | £260 | £280 | £371 | £383 | £394 | £407 | £418 |
Vets’ Match Sec | 17% | £270 | £270 | £270 | £270 | £260 | £280 | £0 | £0 | £0 | £0 | £0 |
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.