I got my stuff today too.From page 3 of Annual Report and Accounts:
"TWENTY TWENTY in 2020
....we are supportive of the new initiative....please remain open-minded about the proposed new competition."
In view of the last clause quoted, the Club might at least pretend to be 'open-minded' itself!!
We're invited to join in the debate at the AGM. Not much point when the Club has already signalled its position!
Still a little bit worried that the ground development funding is still up in the air. I will go to the AGM but I'm not confident the briefing to members will leave us any the wiser.
I have no expertise in accountancy but I think a £3256 surplus (before tax) on turnover of £8.7m seems a bit thin.
After tax the club lost £105.174.
One cost that seems to have risen a little bit is Director's remuneration.
Including wages, pensions and social security costs: (page 17)
2015 it shows £126,188
2016 it shows £318,525
I'm sure there's a simple explanation!