D
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That sort of losses clearly show that a club should go to franchise caterer and have a Pro look after the pro shop - they incur all the costs and will take any profit
I don't want to leave, but the increase year after year is starting to get to me TBH. esp and i can't see it ever stopping and the club running within its means... for instance we lost £12k on the shop stock this year along with £80k on catering.
the shop does not sell clubs as such only clothing and shoes, sometimes there are 4 or 5 staff in there..
The normal bar food it expensive for what it is £10 for a burger and 4 chips, yet a 2 course Sunday lunch is £15 for on the bone Sirloin.
I don't want to leave, but the increase year after year is starting to get to me TBH. esp and i can't see it ever stopping and the club running within its means... for instance we lost £12k on the shop stock this year along with £80k on catering.
the shop does not sell clubs as such only clothing and shoes, sometimes there are 4 or 5 staff in there..
The normal bar food it expensive for what it is £10 for a burger and 4 chips, yet a 2 course Sunday lunch is £15 for on the bone Sirloin.
only thing is you are in an area close to london where cost of living, house prices and more importantly pay is more that 3 times what it is here.
cost of living definitely higher due mainly to house prices - i doubt there is much in it for food, bills etc. wages are higher on average but mainly due to a lot of finance and IT jobs etc - a lot of jobs in public sector, retail etc will be hardly any different. The price you pay for golf is amazing and there has been massive inflation in running course over the past decade and I have seen steep rises in fees of at least 50% down here, from a higher starting level - golf in Scotland has to be the best value in the world - obviously subsidized by uncle Sam holidaymakers
its in the bank close to £350 K
Don't mean to sound chippy but that money doesn't belong to the club does it?
Doesn't it reflect the VAT you took off people in error and should replayto them?
If it wasn't our money, HMRC and the high court would not have awarded it to us would they?Don't mean to sound chippy but that money doesn't belong to the club does it?
Doesn't it reflect the VAT you took off people in error and should replayto them?
Some 25yrs ago there was a similar debate about VAT (maybe it was in respect of visitors green fees- I can't recall). My club at the time got a large rebate, and we had a vote amongst members to decide whether to distribute the rebate to the members (I think it would have been about £50/head) or to use it for major development. We did the latter - and dug two reservoir lakes - one very large and one very deep. 25yrs later they have been more trouble than they were worth (kids swimming, boating etc) and have been leaking badly. So are to be emptied and filled in (so I believe). Well that was money well spent.
But I'd still advise any members in similar situation to vote the money for course projects and to strengthen club financial situation. We should remember that we members of clubs are but custodians of the club and course and it is our responsibility to nourish and protect it - to pass it on to future generations of golfers in the best state possible.
If it wasn't our money, HMRC and the high court would not have awarded it to us would they?
HMRC haven't just given it us we ( other clubs too )had to fight a legal battle to get it an the court awarded it to us.
The money reflects the amount of VAT charged to visitors as part of their green fees. The ruling effectively agreed that visitors were temporary members of a not for profit club and hence VAT shouldn't have been charged as per the previous ruling on members fees.
So if you took money from me on a false pretence I would like it back please!
In reality, if I were running a golf society and had visited your club over the last 7 years I would be asking for a refund of the VAT associated with the green fees. It's too much to ask for clubs to offer the refund to their customers I guess - i'm sure most will wait and see if anyone bothers to ask.
You were happy to pay the fee and probably did not even think about there being VAT on the fees.
If you really want your money back I suggest you approach the clubs you think owe you money.
However, for me at least, golf clubs are struggling so I am happy that any money I am "owed" is kept by the clubs to keep them going and for the good of the game.