Re: Treasurer Update - October
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It's a good question.
Yes, as a not-for-profit organisation, all surpluses (profits) have to be reinvested into the club - and that investment needs to be made in many areas. Obviously for us the biggest priority is getting back to Nuneaton and most of the clubs surpluses will eventually go to that cause.
However some will need to be spent elsewhere on smaller projects, and common sense dictates that some of your surpluses are put by "for a rainy day" so to speak.
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Treasurer Update - October by LH17/11 18:13Sun Nov 17 18:13:02 2024
3 peopleview thread- Re: Treasurer Update - October by MJNB18/11 13:30Mon Nov 18 13:30:38 2024
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- Re: Treasurer Update - October by Lord of the Manor18/11 14:37Mon Nov 18 14:37:37 2024
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- Re: Treasurer Update - October by Lord of the Manor18/11 18:44Mon Nov 18 18:44:55 2024
- Re: Treasurer Update - October by MJNB18/11 15:12Mon Nov 18 15:12:01 2024
- Re: Treasurer Update - October by Lord of the Manor17/11 18:29Sun Nov 17 18:29:37 2024
- Re: Treasurer Update - October by LH17/11 18:54Sun Nov 17 18:54:42 2024