New Tupton Ivanhoe FC is a family club. Grown over the years due to the collective efforts of coaches, parents and players to not only develop young people but to grow the facilities for the club and the local community.
The club’s AGM took place recently at Tupton Village Hall. This open event updated on the club’s progress and the plans for the year ahead.
The club’s audited accounts were also shared.
2021 / 2022 Season Income & Expenditure
( 1.7.21 to 31.6.22 )
Opening Balance 1.7.21 £4052.40
Income
Subscriptions £45195.92
Grants £2311.50
Refund of pitch hire/training £70.20
Fines repaid £24.00
Refund of equipment purchased £44.99
Total £47646.61
Expenditure
League fees, affiliation, insurance etc £1778.00
Training courses/DBS checks £1180.00
Training/Pitch Hire £13135.90
Equipment purchased £2066.94
Not Just Tshirts £10466.11
Fines £509.25
SRP/Toilet hire £1080.00
Referee fees £7670.00
NEDD Council £1798.53
Refund subs £435.00
Trophies purchased £1907.26
Football Foundation £700.00
Tournaments £565.00
Education/St George £350.00
Wingerworth PC £400.00
Ink/paper/stamps £127.22
Rare Class £9.99
Total £44179.20
Opening balance at 1.7.21 £4052.40
plus total income £47646.61
minus total expenditure £44179.20
Closing balance at 31.6.22 £7519.81
Key income streams for the club include subs and grants with the top expenditure for training and pitch hire and kit for the players.
The A.G.M was reminded that much of the club’s expenses happen throughout July, so while there is a healthy balance at the end of the year, most of this is spent before subs start to come in during August, so is important to have this to manage cash flow. Up to the AGM on the 8th September over £10,000 of costs had been invoiced.
The New Tupton Ivanhoe Summer Festival of Football has its own accounts. The event generated a surplus of just under £10,000. This money has been allocated for:
- Installation of land drains on pitch one;
- A contribution towards the refurbishment of the Multi Use Games Area;
- Development of a steel canopy in front of the café to create an all-year outdoor seating area;
- Replacement of respect barrier / fencing on pitch one;
- Summer maintenance of pitch one and two ready for the new season;
- Security improvements on Pitch One.
The key topics of discussion at the A.G.M were the collection of subs and the importance that these are paid on time to ensure that the club has the cashflow to pay for its costs.
The first item discussed was a change in the process for subs. All parents / carers have been informed payment is required by the 28th of each month from August until May. This is to be paid by Standing Order. The change is that if payment isn’t received by the 28th of the month the player will be automatically a month behind, if they fall two months behind, they will be unable to train or play until all outstanding payments are received.
This is to reduce the amount of time volunteers in the club must spend chasing payments, the coaches just want to coach football and when the are not they also have families, jobs, and a life.
The meeting was reminded that the club have to process payments for 256 so please make sure the payment reference includes Child name, team and prefix e.g. Johnny U7Amber.
The second item was to explain the importance of the project to refurbish the Multi Use Games Arena in Tupton to be a training facility for the club.
The development of this facility means more money can be redirected to the teams and the players in the future. Having this facility would save £5000 a year on hire costs for winter training and allow other events and activities to take place.
Just under £2,000 has been raised so far through the activities of the teams and fundraising donations.
If every family involved in the club could promote the project, donate or fundraise the club would quickly raise the £15,000 needed to make this happen. Speak to your coaches about getting involved in the fundraising effort, watch out for some exciting events coming in the Autumn and you can make a donation at https://www.justgiving.com/crowdfunding/newtuptonivanhoe
As the club continues to grow it is important that communication between the club, the teams and the parents continues to evolve.
To help achieve this we are looking for one parent representative from each team to attend monthly committee meetings and form part of a sub committee to support, advise and help develop the club, deliver projects and to communicate what is going on. If you can spare a few hours a month please contact your coach who will explain more.
If anyone has any questions on the club’s finances, development projects or the club in general please don’t hesitate to speak to your team’s manager, Dave or Ant.
