Bangor Golf Club had its AGM last night and I have to say I was pleasantly surprised when handed our AGM booklet containing amongst other info, the financial performance from this past year.
Tough financial circumstances affecting everyone, we managed to lose a few members, gain some then some more (even with halved joining fees) and come away from a tough year over £25k better off. Poor weather didnt help either though bar takings were up over 10% which accounted for some of the profit, changing electricity providers and swapping halogen lights for LED/energy bulbs apparently made a fair difference too.
All in all amounted to full members not having an increase this year in subscriptions.
It goes to show that its not all doom and gloom out there and there is still hope for clubs and their survival. There are at least 7 other clubs within a 5-6 mile radius of BGC too so its not as if we have a monopoly on local golfers neither.
Any other clubs had their AGMs and how did you get on?
Tough financial circumstances affecting everyone, we managed to lose a few members, gain some then some more (even with halved joining fees) and come away from a tough year over £25k better off. Poor weather didnt help either though bar takings were up over 10% which accounted for some of the profit, changing electricity providers and swapping halogen lights for LED/energy bulbs apparently made a fair difference too.
All in all amounted to full members not having an increase this year in subscriptions.
It goes to show that its not all doom and gloom out there and there is still hope for clubs and their survival. There are at least 7 other clubs within a 5-6 mile radius of BGC too so its not as if we have a monopoly on local golfers neither.
Any other clubs had their AGMs and how did you get on?