Expenditure rose back to £8021,08 in July 2022up from £3103.29 in June 2022, due to League and Cup affiliation and registration fees, and the return of pitch hires due to the start of the season.
Legal expenses were high this month, with £800 in property surveys and £1500 in inspection and report fees on OSD warehouse.
We also spent £367 this month on Cup and Registration fees for our Men and Women’s Teams. In addition, the start of the season required us to pay for insurance: £341,35 for personal injury insurance, £2051,92 on property insurance, £85,51 on 5-a-side personal insurance and £16 on London FA public insurance.
Pitch hire totaled £950 for the Men’s First Team, £180 for the Young Training training pitch hire and £300 for their match day pitch hire. In addition to pitch hire, we paidfor Match Day Centre storage (£300) and storage for financial files (£19).
The main item of spending for the Communications Committee was the usual postage fees, with roughly £382,29 spent on standard postage. In addition, £41,80 was spent on MailChimp credits and £3,49 on online store costs.
The finance committee spent the usual monthly £24,70 on the accounting software and £19,28 on bank charges.
Small items of spending involve an FA Welfare office course (£25) cooler box for water (£25), refreshments (£5) and coaching costs (£25) for the Men’s Development Team.
The club also donated £393,74.
In terms of income, the Club’s income rose back to £6297,57 this month from £4208,31 in June.
Merchandise made a loss this month of –£4,91 (after the deduction of PayPal fees and refunds of £105,89). Memberships brought in £4131,56 after £219,44 deduction in fees. Total subscriptions totalled 392 in July, with 41 new members and 60 that expired.
Generous Match Day donations for the Men’s First Team brought in £797,50. Other donations include £630,69, £185 from the Women’s 5 sessions, £423 raised from a fill screening and £30,68 of direct debit donations.
In reporting the club’s expenditure, VAT is listed separately. In July, we collected £12491,13 due to VAT refunds, and £494,27 was spent.
CLAPTON AGAINST CORONA HARDSHIP FUND
We have recorded Hardship Fund income and spending separately and in July 2022, the income and spending for the Hardship Fund was:
| Donations received for CCFC supporters | £0 |
| Payments made from Hardship Fund | £0 |
In total, £14 610,26 has been received and £14 542 has been paid out so far from the Hardship Fund from March 2020 to the end of July 2022. The remaining balance is thus £68,26.
The club’s full income and expenditure for July 2022 is as follows:
Income
| Merchandise | £ 100,98* |
| Membership | £ 4 131,56** |
| Match Day Donations | |
| Men’s First Team | £ 797,50*** |
| Non Match Day Donations | |
| Monthly Direct Debit | £ 30,68**** |
| Other Donations | £ 630,69 |
| Film Screening | £ 423,00 |
| Women’s 5 sessions | £ 185,00***** |
| Total CCFC Income | £ 6 299,41 |
*Before £105,89 in fees
**After £219,44 in fees
*** After £4,57 in fees
**** After £1,32 in fees
***** after £29,26 in fees
Expenditure
| Insurance | |
| Personal injury insurance | £ 341,35 |
| Property Insurance | £ 2 051,92 |
| 5-a-side personal insurance | £ 85,51 |
| London FA public insurance | £ 16,00 |
| Club Board – Legal Expenses | |
| Land Commercial – Property survey on OSD warehouse (50%) | £ 800,00 |
| Land Commercial – Inspection and report fees on OSD warehouse | £ 1 500,00 |
| Club Board – Admin | |
| FA Welfare officer course | £ 25,00 |
| Communications | |
| Online store costs | £ 3,49 |
| Postage fees | £ 382,29 |
| MailChimp website costs | £ 41,80 |
| Community Outreach | |
| Charitable donation | £ 393,74 |
| Finance Committee | |
| bank charges | £ 19,28 |
| Accounting software | £ 24,70 |
| Long-term storage of Financial files | £ 19,00 |
| League Liaison Committee | |
| Middlesex County League fees | £ 130,00 |
| M1T Essex affiliation fees | £ 60,00 |
| London FA – 5s league fees | £ 10,00 |
| Lonfon FA – MDT league fees | £ 20,00 |
| London FA – W1T league fees | £ 20,00 |
| London FA – M1T affiliation fees | £ 30,00 |
| Middlesex Match Day Discplinary fines | £ 50,00 |
| Player Disciplinary Fines | £ 115,00 |
| Middlesex County Annual Cup fees | £ 50,00 |
| Essex FA – M1T BBC Essex Premier Cup registration | £ 27,00 |
| London FA Capital Women’s Cup fee | £ 20,00 |
| £ 367,00 | |
| Match Day Committee | |
| Match Day Centre storage | £ 300,00 |
| Men’s Development Team | |
| Cooler box for water | £ 25,00 |
| Refreshments | £ 5,00 |
| Coaching costs | £ 25,00 |
| Men’s First Team | |
| Training pitch hire | £ 950,00 |
| Youth Training | |
| Pitch hire | £ 180,00 |
| Match Day pitch hire | £ 300,00 |
| Total CCFC Expenditure | £ 8 388,08 |
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 for transparency.
| Expenditure | |
| Loan repayment for purchase of the ground | £ 1 108,69 |