Expenditure in December rose starkly to £94 818,48 from £10 060 in November due to the purchase of the warehouse. Leaving that purchase aside, the Club spent £10 378,28 in December.
The purchase of the warehouse cost the Club £83 440,2 including £75 000 on the warehouse, £6250 on the auctioneering fees for the purchase, £1780 on solicitor fees, £331 on dispersements and £79,2 on the papers for the AGM. Another £1000 was spent on fees for the Cooperative and Community Finance loan.
The remaining £10 378,28 was spent on usual items of spending.
These include training and ground pitch hires, with £950 and £208,33 spent on the training pitch and ground hire by the Men’s First Team and £200 spent on pitch hire for Youth Training.
The Men’s First Team also spent £130 on match officials, and £6,51 on refreshments. The Women’s First Team spent £1 034 on kit costs (and £71,80 on shipping), £345 on coaching and £30 on match officials. The Men’s Development Team spent £592 on kit costs (and £71,8 on shipping) as well as £80 on match officials. League registration for the Open Access team totaled £700 this month.
In terms of merchandise, £962 was spent on badges manufacture, £1936,02 on postage fees, £20,20 in import charges and £3,49 in online store costs. The Membership committee spent £1004,52 on postage, £298,18 on membership cards, £179,98 on labels and £156,23 on envelopes and stickers. The Communications committee spent £52,69 on MailChimp credits.
The Club spent the monthly £1 108,69 to the OSD for repayment of the loan, as well as £144 on Match Day security while £24 was spent on disciplinary fines. The Finance Committee spent the usual £26,60 on the accounting software, £19 on storage as well as £23.24 on bank fees.
The Club’s income decreased to £14 337,47 from £19 092,56 in November. The Club brought in £600 in London FA Cup prize, and received £10,000 in loan repayment from the Old Spotted Dog trust.
Merchandise brought in £1559,87 before £147,22 in fees, while membership brought in £1147 after £68 in fees.
Match Day donations totaled £140,10 for the Men’s First Team and £53 for our Women’s First Team games.
On top of this, we collected £465 in other donations, we received £200 of donations for the Women’s 5 sessions, and £108 of raffle donations. Monthly Direct Debit totaled £30,68 this month.
The Club also received £33,73 in donations for the Hardship Fund.
In reporting the club’s expenditure, VAT is listed separately. In December, we collected £216 and spent £942,81.
The club’s full income and expenditure for December 2022 is as follows:
| Income | |
| Merchandise | £1 559,87* |
| Membership | £1 147,00** |
| Match Day Donations | |
| Men’s First Team | £40,10*** |
| Women’s First Team | £53,00^ |
| Non Match Day Donations | |
| Monthly Direct Debit | £30,68^^ |
| Other Donations | £465,00 |
| Women’s 5 sessions | £200,00 |
| Raffle donations | £108,00 |
| Cup Income | |
| London FA Cup prize | £600,00 |
| Other | |
| Loan Repayment from the Old Spotted Dog Ground Trust | £10 000,00 |
| Charity Bank interest income | £0,09 |
| Donations received for Hardship Fund | £33,73 |
| Total CCFC Income | £14 337,47 |
*Before £147,22 in fees
**After £68 in fees
*** After £1,40 in fees
^ After £0.90 in fees
^^ After £1,32 in fees
| Expenses | |
| Youth Training | |
| Pitch hire | £200,00 |
| Women’s First Team | |
| Match officials | £30,00 |
| Kit costs | £1 034,00 |
| Shipping costs for new kit | £71,80 |
| Coaching staff costs | £345,00 |
| Open Access | |
| Super 5 League Registration | £700,00 |
| Merchandise | |
| Postage Fees | £1 936,02 |
| Online store | £3,49 |
| Merchandise costs – Import charges | £20,20 |
| Badges – production of merchandise | £962,00 |
| Men’s First Team | |
| Ground hire | £208,33 |
| Match officials | £130,00 |
| Food for players | £6,51 |
| Training picth hire | £950,00 |
| Membership committee | |
| Postage | £1 004,52 |
| Envelopes | £118,35 |
| Stickers | £37,88 |
| Labels | £179,98 |
| Membership cards | £298,18 |
| Men’s Development Team | |
| Match officials | £80,00 |
| Shipping for new kits | £71,80 |
| Kit costs | £592,00 |
| Matchday Committee | |
| Security costs | £144,00 |
| League Liaison Committee | |
| Player fines | £24,00 |
| General Organising Committee | |
| Papers for AGM | £79,20 |
| Dispersements | £331,00 |
| Solicitor’s fees | £1 780 |
| Cooperative and Community Finance loan fees | £1 000,00 |
| Auctioneer fees for warehouse purchase | £6 250,00 |
| Freehold Property | |
| Purchase of warehouse | £75 000,00 |
| Finance Committee | |
| Long term storage | £19,00 |
| bank fees | £23,24 |
| Xero accounting software | £26,60 |
| Communication Committee | |
| Mailchimp credits | £52,69 |
| OSD loan | |
| Loan repayment for purchase of the ground | £1 108,69 |
| Total Expenses | £94 818,48 |