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The Association’s accounts show
a surplus of $6,256.39 for 2006.
Trans Tasman Challenge
The 2006 Trans Tasman incurred a
loss of $2,225.97. We received a
$4,000 grant towards the team’s
accommodation from the New
Zealand Community Trust. The
factors contributing to the loss
were:
The costs associated with
hosting the Trans Tasman
The cost of team uniforms (no
grant for team uniforms in 2006)
World Petanque Championships
Last year there was a
considerable reduction in:
club and individual donations
from $6,287 (2005) to $3,126
(2006)
gaming and community trust
grants from $3,500 (2005) to
$637 (2006)
We received two grants last
year, $637 from the Scottwood
Trust (team uniforms) and $2,000
from the Ministry for Culture &
Heritage (Minister of Sport).
This reduction in income meant
that individual team members had
to contribute the majority of
the costs. The lack of success
of grant applications (PNZ
applied to 9 trusts in 2006) and
the drop in donations is
cause for concern. I have
prepared the following to chart
to show the sources of revenue
per player from 2001 to 2006. It
is obvious from the chart that
since 2004 there has been a
considerable drop in
donations and grants.
Singapore International Petanque
Championships
The majority of costs were met
by the team members. We did
receive grants from the Unison
Trust ($487) and Pub Charity
($487) for team uniforms and
from the Southern Trust ($2,000)
for airfares however we had to
return the Southern Trust grant
because it was received after we
had paid for the airfares. We
also returned the Pub Charity
grant because you cannot accept
two grants for the same
expenditure.
Magazine
Both club and individual
subscriptions are trickling in
at a steady rate. A significant
amount of income has been
generated from selling
advertising space in the
magazine. Although the magazine
is showing a loss for
2006 it should be noted that
subscriptions are paid in
advance. ie. the costs of
producing the 2006 magazines
were paid for by subscriptions
paid in 2005.
Membership
The number of affiliated clubs
stands at 47 (44 in 2005). The
number affiliated members
increased from 1275 to 1433.
Grants & Sponsorship
Council and Executive Meetings
The cost of holding Council and
Executive meetings increased
from $4,756 to $8,163. This was
due mainly to the increase in
travel costs and the number of
meetings.
-
2005: 2 meetings & 2
conference call meetings
-
2006: 4 meetings & 1
conference call meeting
Note: The average cost per
person for a 2 day
Council/Executive meeting is
$250
Comments
The PNZ accounts show a healthy
surplus for 2006. However it
should be noted that we did
receive a one off grant ($4,500)
from SPARC for the development
of umpiring and coaching
programmes. Although Sime Darby
Automobiles had agreed to
sponsor PNZ, the actual payment
was not received until two weeks
before the end of the financial
year.
With the fickle nature of
sponsorship there is no
guarantee that Sime Darby
Automobiles will continue with
their sponsorship. It is with
this in mind that the PNZ
Council have made a decision to
build up the reserves to ensure
that PNZ can generate a
significant income to replace
any withdrawal of
sponsorship.
Auditor
Barry Howatson, Laurenson &
Company Chartered Accountants
Ltd
Brian W Smith
PNZ Treasurer |
