Treasurer Annual Report

Special for Gab, this says "4 years jail for the Treasurer"

my report

The 2018/2019 financial year commenced with an opening balance of $3,181. The closing balance as 30 June 2019 was $2,803. The society Bank account remains with ANZ Bank the account keeping fees total $144 for the financial year. I would like to thank Shaun English for his support and help as outgoing treasurer, the financial accounts are being audited by Sharp Accounting (Glen Sharp) and will be loaded up online on the Society Website once completed.

It is recommended that cellar fees remain at $500 p.a. Dinner Fees at $150 per dinner for Members and $130 for guest.  

The income collected for dinner and cellar fees total $40,084. 

The expenses can be split as follows:

Dinner Expenses represent 57% of total income ($22,815.)

Wine Purchases represent 40% of total Income ($15,887.) 

Other expenses represent 3% of total income.

A treasurer prepared income and expenses summary statement is attached below.

Opening Balance 01/07/2018 $3181 

Total Income $40,084 

Dinner Expenses $22,815

Wine Purchases $15,887

Bank Fees $144

Insurance & Memberships $873

Wine Boxes & Glasses $477

The Courier  $127 

Printing $139 

Closing Balance 30/06/2019 $2,803