Expenditure during the month of March remained lower than usual, totalling £6509,20 after low levels of expenditures in February (£5866,87).
There was only one large one-off item of spending this month, where the Club spent £260 on an organised coach hire.
Training pitch and ground hires were large items of spending as per usual, and totaled £125 on ground hire for the Men’s First Team, £500 and £180 respectively for the Young Tons, £2666,80 and £354,17 respectively for the Women’s Team, and £60 for pitch hire the Men’s Development Team.
The Women’s First Team spent £575 on coaching and £295 on match officials, while the Women’s Development Team spent £70 on match officials.
The Men’s First Team spent £340 on match officials and £140 on physiotherapy costs. An aggregate of £250 was spent on kit laundry across the Men’s First and Development teams.
In terms of merchandise, £216 was spent on programme printing costs, £155,74 on email hosting costs, £89,30 on domain name renewal and £37,75 on MailChimp credits.
The finance committee spent the usual monthly £24,70 on the accounting software, as well as £15,07 on bank activity charges, £5 on monthly account fees and £6,19 on bank charges.
This month, £95 was spent on disciplinary fines.
The Club’s income increased this month to £9 571,21, up from £6797,10 in February.
The merchandise again pulled off a whopping £3128,90 (after the deduction of PayPal fees of £128,18).
Membership this month brought in £1127,99 after £67,01 deduction in fees. Total subscriptions for March were down 27 (24.77%) on 2021, but subscriptions had been up 303.7% on 2020 which was an extraordinary turn out for that time of year. Renewals made up 74.39% of total subscriptions for the month which is about average for the rest of the year. Donations that accompany membership were up slightly, but overall total income was down £349 on 2021.
The income generated is also largely due to the generous donations collected by our members and fans. Match Day donations for the Women’s First Team totalled £466,71 and a staggering £2762,69 for the Men’s First Team. Other donations include £909,22 collected by the Young Tons, £555 at the Women’s 5s as well as £234 of other donations and £45.26 of direct debit donations. £20 was donated by Akwaaba. The club also received interest income from Charity Bank worth £30.
In reporting the club’s expenditure, VAT is listed separately. In March, we only collected £373,32 and spent £133,78.
CLAPTON AGAINST CORONA HARDSHIP FUND
We have recorded Hardship Fund income and spending separately and in March 2022, the income and spending for the Hardship Fund was:
| Donations received for CCFC supporters | £0 |
| Payments made from Hardship Fund | £470 |
In total, £14,494.24 has been received and £14,142 has been paid out so far from the Hardship Fund from March 2020 to the end of March 2022. The remaining balance is thus £352,24
The club’s full income and expenditure for March 2022 is as follows:
Income
| Merchandise | £ 3 128,90* |
| Membership | £ 1 195** |
| Interest Income | |
| Interest income from Charity bank | £ 30,00 |
| MDT Pitch hire | |
| MDT Pitch hire | £ 53,00 |
| Match Day Donations | |
| Women’s First Team | £ 466,71 |
| Men’s First Team | £ 2 762,69 |
| Non Match Day Donations | |
| Akwaaba Donations | £ 20,00 |
| Young Tons donations | £ 909,22 |
| Other donations | £ 234,00 |
| Women’s 5 session donations | £ 555,00 |
| Donations for coach costs | £ 238,44*** |
| Monthly Direct Donations | £ 45,26 |
| Total CCFC Income | £ 9 571,21 |
*After a total of £128,18 in fees
**After £67,01 in fees
*** After £7.05 in fees
Expenditure
| Communications Committee | |
| Programme Printing costs | £ 216,00 |
| Email hosting costs | £ 155,74 |
| Domain name renewal | £ 89,30 |
| MailChimp Credits | £ 37,98 |
| Finance | |
| Bank activity charges | £ 15,07 |
| Monthly account fees | £ 5,00 |
| Bank charges | £ 6,19 |
| Accounting software | £ 24,70 |
| League Liaison Committee | |
| Disciplinary Fines | £ 95,00 |
| MDT | |
| Kit Laundry | £ 40,00 |
| Pitch hire | £ 60,00 |
| Men’s First Team | |
| Match officials | £ 340,00 |
| Ground hire | £ 125,00 |
| Kit Laundry | £ 210,00 |
| Physiotherapy costs | £ 140,00 |
| Organised Travel costs | |
| Coach hire | £ 260,00 |
| Women’s First Team | |
| Training pitch hire | £ 2 666,80 |
| Refreshments | £ 5,00 |
| Ground hire | £ 354,17 |
| Coaching costs | £ 575,00 |
| Match officials | £ 295,00 |
| Women’s Development Team | |
| Match officials | £ 70,00 |
| Young Tons | |
| Equipment and First Aid | £ 43,25 |
| Pitch hire | £ 180,00 |
| Training pitch hire | £ 500,00 |
| Total CCFC Expenditure | £ 6 509,20 |
| Transfers Collected for OSD | |
| Transfer of collected donations for the OSD | £ 705,23 |
THE OLD SPOTTED DOG GROUND
Expenditure on our new home is managed by the Old Spotted Dog Ground Trust (OSDGT), the subsidiary company we set up. However, like the club, spending will appear on the OSDGT website and for transparency.
| Income | |
| Donations | £ 300,00 |
| Crowdfunding Appeal | £ 204,81 |
| Expenditure | |
| Loan repayment for purchase of the ground | £ 1 108,69 |