Treasurers report 2020

Posted by Carol Prizeman on 27 November 2020


Leicester Junior Triathlon Club

Treasurers report

27th November 2020

I am delighted to present the Club accounts for the year ended 31st October 2020.


As in previous years the main sources of income for the year come from the annual membership fees and monthly training subs. However, due to COVID-19 there is an obvious decrease this year due to payment breaks offered between the months of April and September.

The table below summarises these sources of income with the comparable figures for 2019.




Training subs



Events (Mallory/Velodrome)






Sponsorship / donations











The total expenditure for the year was £6,649.68 (2019: £14,886.17).

The club continues to make use of the facilities at The Bosworth Academy and Enderby Leisure Centre and this represents the majority of the club expenditure c£4,000 (2019: c£7,000).

This year the club has not invested in much equipment but has concentrated on servicing and maintaining existing bikes. Some work has been carried out on the area surrounding the container including new slabbing and there has been new racking etc inside.

The club has invested in developing and supporting the coaches through BTF and first aid courses, including investing activator courses for older members of the club.

We have invested in a zoom account this year to enable us to continue our turbo training sessions, committee meetings and club quiz nights.

Unfortunately due to Covid-19 there have been no club events this year (Mallory nor the velodrome).

Finally we continue to meet our obligation regarding the container insurance.


Overall the club benefited from a surplus of £413 this year (2019 Deficit £2,046).

The club maintains sound levels of financial resources, its closing cash and bank balance as at 31st October 2020 being £9,754.42 (2019 £9,018.95).

I can confirm the club continues to rely on coaches and committee members volunteering with no individuals receiving payment for their services.


Carol Prizeman

Club Treasurer



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