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The Association’s
accounts show a small surplus
for 2002. Although this is an
improvement on the loss in 2001
the finances still only cover
the basic running costs of the
Association. Again last year the
majority of the Association’s
income was still dependent on
club donations, individual
donations, grants and
sponsorship.
The unpredictable
nature of donations, grants and
sponsorship means that failure
to obtain money from any one of
these sources would put in
jeopardy the Association’s
ability to fund major
expenditure items. This
situation cannot go on
indefinitely and therefore it is
critical that the Association
secures revenue sources that
will allow budgeting and
planning to be done with a
degree of certainty.
On a more
positive note the new
subscription structure was very
successful. The income from
subscriptions last year was
$7,960.00 compared to $3,830.00
in 2001.
Sponsorship
Our major
sponsor, the New Zealand Peugeot
agents Sime Darby Automobiles NZ
Ltd, continued their financial
support of the Association. Last
year we gained another sponsor,
Masterton United Travel, who
have agreed to a sponsorship
deal of $3,000 per year for 5
years. On behalf of the PNZ I
would like to thank the Sime
Darby Automobiles NZ Ltd and
Masterton United Travel for
their support.
Note: Since
writing this report Sime Darby
Automobiles NZ Ltd has decided
not to continue their
sponsorship of PNZ. The result
will be a drop in the
Association’s 2003 income of
$4,000. Clearly a priority for
the incoming committee will be
to find a replacement sponsor.
Grants &
Donations
Sport and
Recreation New Zealand (SPARC)
Last year PNZ
received $2,500. For 2003 we
will receive $5,000. However
from 2004 onwards SPARC will
fund PNZ on the basis of whether
we can assist SPARC in meeting
their objectives.
Charity Gaming
Association Trusts
The following
Trusts made grants to PNZ for:
Donations
The funding of
the team to the World
Championships would not have
been possible without the club
and individual donations. On
behalf of PNZ I would like to
thank the various petanque clubs
and individuals for their
support.
PNZ Committee
Meetings
Three meetings
were held in 2002. All three
meetings were held over two days
in Wellington. With committee
members coming from various
parts of New Zealand the travel
costs are largest part of the
meeting expenses. In 2002 travel
costs represented 52% (2001:
66%) of the total meeting
expenses.
Finally I would
also like to thank Peter
Whittington for auditing the
Association’s accounts.
Brian W Smith
PNZ Treasurer |
