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2024-12-31-accounts

Chairman’s Report 2024/25

HIWCBA has continued to offer some F2F weekend events, but as in previous years since Covid, take up has been limited.

We have had more success with on-line events, particularly in running joint Blue Point events with Berks & Bucks and Essex.

The annual Hampshire Congress GP congress was disappointing in 2025: Swiss Pairs on Saturday, with 13 tables. But the Sunday teams had only 5 entrants. A number of factors have been suggested for the low turnout including congestion in the calendar. The GP congress will move (back) to June in 2026.

The County Leagues have been reasonably well supported, 22 teams over three leagues. Mainly these have been played on-line: and we will continue with this format for next year. The Cahalan Cup was reasonably well supported, as was the HICKO. However the Basingstoke Cup was not played as only Basingstoke raised a team!

Our two charity simultaneous events raised a total over £1000 for the Hampshire & IoW Air Ambulance.

County representative teams have done well.

In 2024 we won the Pachabo, and the ‘B’ Division of the Metropolitan Cup. A split-tie meant we narrowly missed out on a place in the Tollemache Final. HIW Club Petersfield won the NICKO.

The most significant matter this last year has been the enhancement of the Basingstoke Bridge Club. Last year this was a prospective project, but it became reality in 2024.

At an EGM in March 2024 the membership gave overwhelming backing for the Committee to loan up to £75,000 to help Basingstoke Bridge Club improve their facilities.

In the event the project ran over budget (sic!!) and the Committee unanimously agreed to increase the amount ‘loaned’ to £90,000.

No interest is payable on the loan, however HIWCBA has become a ‘shareholder’ in Maydene, owning 12% of the freehold. This was considered the best way of maintaining the value of our investment.

The new facilities at Basingstoke were opened in January 2025. There is now an expanded playing area capable of holding 20 tables. It is expected that HIWCBA will use these facilities for larger events (Pottage Semi-final, GP Weekend,…)

As ever I would like to take this opportunity to thank everyone on the committee for their efforts throughout the year.

Mike Kinsey

Chairman HIWCBA

HIWCBA Income & Expenditure account for year to 31 December 2024

2023 Income 2024
1,072 EBU - P2P 1,836
1,060 HIWCBA Standard Events 1,485
1,218 HIWCBA Ongoing Comps - Leagues 480
1,892 HIWCBA Green Point 1,813
9,221 Bank interest 9,338
1 Sundry 1
14,464 Total Income 14,952
Expenditure
509 HIWCBA Standard Events / Leagues 326
1,199 HIWCBA Green Point 1,478
864 Rent of halls 860
1,197 EBU Competition Entries 968
1,207 EBU licences 807
120 Prizes (exc GP) 60
224 Website/duplimate repairs 251
102 Bank charges 103
Sundry
5,423 Total Expenditure 4,854
9,041 Surplus 10,098
HIWCBA Balance Sheet as at 31 December 2024
Current Assets
79,515 Current Account 6,090
317,144 Savings Accounts 326,482
Loan 75,000
396,659 407,573
Current Liabilities
438 Charity account 1,254
396,221 Total Net Assets 406,319
Reserves
HIWCBA Account
387,180 Profit/Loss account b/fwd 396,221
9,041 Profit/Loss for current year 10,098
396,221 Profit/Loss account c/fwd 406,319