Club Accounts year ended April 30th 2011. The increases in Maintenance costs etc. are due to the new Clubhouse as are the projected repayments.

We want to have a full year's repayments in the Bank at any one time so that we can have a lean year and still

pay the mortgage.

Letterkenny RFC Accounts
y/e 30/04/11
Season 2010-11
Profit & Loss Account	30/04/2012	30/04/2011	30/04/2010	30/04/2009	30/04/2008	30/04/2007
	Projected
Income
Subscriptions	15,000	11,403	8,493	8,659	10,889	9,252
Sponsorship	9,000	10,898	12,750	16,686	34,820	18,927
Social & Fundraising Events	20,000	30,511	11,881	7,253	10,554	33,385
Sale of Kit	-	-	40	-             353	1,080	369
Donations	2,000	2,545	2,120	17,296	33,124	17,071
Bank Interest	-                       856	-               856	-         1,193	-         1,163		2,819
Grants	2,000	2,223	3,195	1,650	4,719
Sundry	-	-	560	170	62	3,937
	47,144	56,724	37,846	50,199	95,248	85,760
Expenditure
Repayments	18,000
Rent	3,200	2,950	3,850	7,150	7,150	4,350
Travel Expenses	500	500	350	790	530	1,250
Playing Expenses	9,847	9,847	6,313	7,195	7,440	5,601
Insurance	6,945	6,945	6,597	6,224	6,636	7,787
Coaching Expenses	-	-	-	7,081	4,113	5,184
Youth Rugby	6,000	4,110	3,560	10,216	8,436	5,944
Repairs & Maintenance	23,886	10,569	5,092	12,849	11,308	6,592
Ladies Rugby	400	400	493	1,390	2,845
Administration Expenses	650	650	859	1,421	1,549	8,142
Community Rugby Project	3,500	-	5,300	8,075	6,518	6,060
Dave Gallaher Project	-	-	-	-	1,200	-
Sundry	-	-	-	340	449	353
	72,928	35,972	32,415	62,731	58,174	51,263
Surplus/ - Deficit for Year	-25,784	20,752	5,431	-12,532	37,074	34,497
Balances
Cash at Bank	-12,458	13,326
Clubhouse Loan	-125,000
Invested Funds
Pitch Development	133,696	133,696	133,696	133,696
Mobile Changing Rooms	35,695	35,695	35,695	35,695
Changing Rooms Fundraising	3,000	3,000	3,000	16,000
Lights	17,561	17,561
Clubhouse	125,000