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2021-12-31-accounts

Chairman’s Report 2021

2021 was another challenging year for HIWCIO. We continued to offer bridge on-line (started in 2020). Although we hoped to restart face-to-face (F2F) competitions, successive waves of covid variants and Government guidance prevented us from running any F2F events.

However, we were able to run our major event of the year; the Hampshire Congress was held online over the weekend of 13[th] and 14[th] March. The event was well attended with 80 pairs and 36 teams taking part.

We were also able to run many of our usual events on-line; often with better attendance than we would expect at Romsey. The weekly pairs events, started in 2020, continued until May; but falling attendance led to us only running these on an occasional basis thereafter.

The County Leagues and Knock-out competitions were also run on-line: the league increasing to three divisions. Our charity simultaneous events continued on-line, with a total of £714 being raised for the local air ambulance.

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 for Tim Smith our webmaster, Roger Johnson for auditing our accounts, and our shareholders for representing us at EBU meetings.

We intend to try and play some F2F bridge in 2022, so I hope to see you at a County Event soon!

Mike Kinsey Chairman HIWCBA

HIWCBA Income & Expenditure account for year to 31 December 2021

2020 Income 2021
2,464 EBU - P2P 787
2,387 HIWCBA Standard Events 1,511
1,546 HIWCBA Ongoing Comps - Leagues 1,149
HIWCBA Green Point 3,438
4,309 Bank interest 2,901
2 Sundry 1
10,707 Total Income 9,787
Expenditure
2,722 HIWCBA Standard Events / Leagues 1,213
378 HIWCBA Green Point 2,523
- Rent of halls 937
480 EBU Competition Entries 1,388
1,721 EBU licences 2,341
- Exec costs 0
298 Website/duplimate repairs 224
72 Bank charges 90
7 Sundry 2
5,678 Total Expenditure 8,718
5,030 Surplus 1,069
HIWCBA Balance Sheet as at 31 December 2021
Current Assets
9,828 Current Account 2,780
377,800 Savings Accounts 384,301
387,628 387,081
Current Liabilities
2,362 Charity account 744
385,266 Total Net Assets 386,337
Reserves
HIWCBA Account
380,238 Profit/Loss account b/fwd 385,267
5,030 Profit/Loss for current year 1,069
385,267 Profit/Loss account c/fwd 386,337