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The Association’s
accounts show a healthy surplus
for 2003. However it should be
noted that for the previous two
years the Association basically
broke even. As in previous years
the majority of the
Association’s income is still
dependent on club donations,
individual donations, grants and
sponsorship.
Again I will
repeat my comment from last
years report:
That 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.
The increase in
the tournament entry fee from
$15.00 to $25.00 per player
produced a significant boost in
tournament income from $4,460 in
2002 to $6,500 with no drop off
in the number of tournament
entries. This was clearly
illustrated by the national
doubles championship which had a
record number of entries.
Sponsorship
Our major
sponsor, the New Zealand Peugeot
agents Sime Darby Automobiles NZ
Ltd, continued their financial
support of the Association. On
behalf of the PNZ I would like
to thank the Sime Darby
Automobiles NZ Ltd for their
support.
Grants &
Donations
Sport and
Recreation New Zealand (SPARC)
Last year PNZ
received $5,000. For 2004 we
will receive $6,000. SPARC has
now reclassified petanque as a
‘developing’ sport (previously
petanque was classified as a
‘recognition’ sport).
Charity Gaming
Association Trusts
The following
Trusts made grants to PNZ for
the World Championships team:
-
Unison Trust
(team uniforms)
-
The Southern
Trust
-
New Zealand
Community Trust
-
Community
Grants Foundation
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 2003. 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 2003 travel
costs represented 51% (2002:
52%) of the total meeting
expenses.
General Expenses
Included in the
General Expenses is the PNZ
contribution for the Delegate to
the FIPJP meeting. This is an
internal journal transfer to the
World Championships Income. The
2003 PNZ contribution was
$2,226. This in effect means the
General Expenses have been
inflated by this amount. If this
amount was not included, the
General Expenses for 2003 would
be $1,666.12.
Auditor
For the last few
years Peter Whittington has been
the PNZ auditor. However due to
work commitments he is unable to
continue to be the PNZ auditor.
Our new auditors are Laurenson &
Company Chartered Accounts. They
have audited the 2003 accounts.
Brian W Smith
PNZ Treasurer |
