MOUNTS BAY LUGGER ASSOCIATION

RECEIPTS and PAYMENTS ACCOUNTS

For Year Ending 28th February 2021

2021 2020

RECEIPTS £ £

Members Subscription 1,960 2,700

HMRC Gift Aid Refunds 727 1,127

Donations: Membership: 1,695 874

GAYL/Facebook: 276 129

Memory of Peter May: 1,230 0

Bank Interest 29 85

Boat Fund Contributions 1,050 4,390

Crew Contributions To Fuel & Gas 0 524

Fundraising: Public Events 0 746

Merchandise Sales 180 552

Raffles 60 195

Grant 0 0

Annual Dinner Prepayments 0 968

Skippers/Mates Contributions for First Aid Training 0 0

Misc. Receipt: (£978.14 Part HR Ins Refund) 1,018 20

£8,224 £12,310

PAYMENTS (Direct Charitable Expenditure)

Lugger Sailing Program:

Insurance: Boat 2,695 2554

Insurance: Trustee Indemnity Ins. 254 254

Harbour Fees 51 72

Fuel /Oil /Gas /Electric 89 403

Routine Maintenance, Servicing & Repairs 1,622 1013

New Equipment 483 1,420

Fundraising Expenses:

Cost of Sales, Pitches, Licenses, 3rd Party Ins. 0 160

Cost of Annual Dinner 0 882

Hire of Penzance Sailing Clubhouse 0 75

Hospitality 0 0

Publicity: Sales / Cards / Promotions 0 453

Admin Expenses:

Postage, Printing, Stationary & Sundries 203 259

Website Domaine Registrations 98 106

Misc. Expenses: 62 339

40+ Magazine 0 15

5,556 £8,005

SURPLUS / (DEFICIT) for Year: £2,668 £4,305

Opening Bank & Cash Balances £51,489 £47,183

Closing Bank & Cash Balances: £54,156 £51,489