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2020-12-31-accounts

Chairman’s Report 2020

Not surprisingly 2020 has been a somewhat different year for HIWCIO. The year started benignly with our usual competitions and seminars taking place with decent attendances.

Our major event of the year which would have been the 3rd Hampshire Congress was due to take place on the weekend of 21[st] and 22[nd] March. A record number of pairs and teams had entered, unfortunately we all know what happened shortly beforehand and the event had to be cancelled.

It soon became apparent that the pandemic would curtail any face-to-face bridge for the foreseeable, so a decision was taken to run all events online. A weekly pairs was set for Sundays, the first taking place on 27[th] April and continuing each Sunday throughout the year. Also a county online league running on Tuesday nights with a 2 month cycle as well as all the usual events. Our charity simultaneous events moved to online and as usual saw a good uptake, with a total of £733 being raised for the local air ambulance. A huge thank you to Mike Kinsey for setting all this up, it has been hugely well supported and in the words of one player has saved them from insanity during lockdown.

As ever I would like to take this opportunity to thank everyone on the committee for their efforts throughout the difficult last 12 months. Special mentions also for Ian Fearon for running all the County Leagues and KO’s, Tim Smith our Webmaster, Dave Huggett for his seminars, Roger Johnson for auditing our accounts, our shareholders for representing us at EBU events and last but by no means least all the tea ladies at Romsey, although their season was cut somewhat short.

I hope to see you at a County Event soon.

Regards

Andy Hughes Chairman HIWCBA

HIWCBA Income & Expenditure account for year to 31 December 2020

2019 Income 2020
2,142 EBU - P2P 2,464
4,940 HIWCBA Standard Events 2,387
650 HIWCBA Ongoing Comps - Leagues 1,546
7,505 HIWCBA Green Point
255 Seminars
3,925 Bank interest 4,309
14 Sundry 2
19,432 Total Income 10,707
Expenditure
3,784 HIWCBA Standard Events / Leagues 2,722
5,421 HIWCBA Green Point 181
1,980 Rent of halls 0
1,551 EBU Competition Entries 480
523 EBU licences 1,721
12 Exec costs 0
550 Website/duplimate repairs 298
1,397 Corn Cardis
94 Bank charges 72
Sundry 7
15,310 Total Expenditure 5,481
4,121 Surplus 5,227
HIWCBA Balance Sheet as at 31 December 2020
Current Assets
6,411 Current Account 9,828
375,731 Savings Accounts 377,800
382,142 387,628
Current Liabilities
1,629 Charity account 733
276 Congress receipts in advance 276
380,237 Total Net Assets 386,619
Reserves
HIWCBA Account
376,116 Profit/Loss account b/fwd 380,238
4,121 Profit/Loss for current year 5,227
380,238 Profit/Loss account c/fwd 385,464