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Flash: AGM Materials - Cash Flow & Budget

Flash: AGM Materials - Cash Flow & Budget

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Standard Athletic Club

We are looking forward to seeing you all at the AGM, on Sunday, the 15th of June.

 

The Agenda has already been shared some weeks ago, as have the Draft Minutes from the 2024 AGM, for approval at this year’s AGM, and the 2024 accounts (in French and UK GAAP)

 

In addition, this (pptx) document shows the Club’s cash flow history and budget

  • For the past: 2022, 2023 and 2024
  • Budget:
    • For the Calendar Year 2025: this is “5 +7” as it is based on the spend for the first 5 months of this year, and our budget for the remaining 7.
    • For the Calendar Year 2026

 

The primary variable in any Budget is the level of Membership:

  • New Members, primarily joining from May to July
  • Members who do not renew their Membership for 1st September.

 

Our budgets are based on the average of recent years of historical performance; reality in any year will be different.  Operationally, we will revise our budgets around November based on membership numbers and adjust the spending (and investment) plans accordingly.

 

The Management Committee

 

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