slide1 n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
ulster.gaa.ie PowerPoint Presentation
Download Presentation
ulster.gaa.ie

Loading in 2 Seconds...

play fullscreen
1 / 27

ulster.gaa.ie - PowerPoint PPT Presentation


  • 86 Views
  • Uploaded on

www.ulster.gaa.ie. Finance and Fundraising in the Club. Clar (1- Hour). Financial Compliance at Club Level 2. “Structured Giving” at Club Level 3. CASC 4. Feedback and Q & A. In today’s GAA All Clubs have to have their finances in order!!!. The Black Economy! The Revenue are watching

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'ulster.gaa.ie' - joyce


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide1

www.ulster.gaa.ie

Finance and Fundraising in the Club

slide2

Clar (1- Hour)

  • Financial Compliance at Club Level
  • 2. “Structured Giving” at Club Level
  • 3. CASC
  • 4. Feedback and Q & A
slide3

In today’s GAA

All Clubs have to have their finances in order!!!

slide4

The Black Economy!

The Revenue are watching

Paid Managers- Breach of Rule which has a massive legal implications for the Club

slide5

Good Financial Management at Club Level

  • Why is good financial management important:
  • Safety of Club Officers
  • Protection of Club Assets
  • Club Reputation
  • GAA Rules, Legal Issues and Compliance
  • Club Finances should be open to scrutiny and there should no culture of secrecy
slide6

Good Financial Management at Club Level

  • Club Treasurer:
  • Responsible for all Club finances in conjunction with the Club Secretary and Club Chairperson
  • “Chief Financial Officer” of the Club (huge responsibility!)
  • Larger Clubs should elect an assistant Treasurer to support the Club Treasurer
slide7

Good Financial Management at Club Level

  • The Club Treasurer should....
  • Oversee the Club Accounts which includes; records of all income and expenditure (which includes keeping invoices, bills and receipts).
  • Records all Cash received and ensures this money is lodged into the Club Account
  • Provides Club Committee with a monthly written report of Club Finances
slide8

Good Financial Management at Club Level

  • The Club Treasurer should....
  • Prepare and presents and set of audited accounts to the Clubs AGM (Rule 8.5 of GAA official guide highlights that club members should get a copy of the Finance report in advance of the AGM). Club Constitution Rule 11.6: All Club Accounts Must be audited in advance of the AGM
  • Cheques must be co-signed by the Treasurer and either the Chairperson or Secretary (Rule 11.1)
slide9

Good Financial Management at Club Level

  • Suggestions:
  • Move to on-line banking
  • The Treasurer, Chairperson, Secretary and Assistant Treasurer should form a Finance Committee in the Club to oversee finances
  • The Club should secure the services of an Accountant to provide auditing services and support
  • 4) Club Treasurers should attend the Club Maith Officer Training Seminars in 2010.
slide10

Good Financial Management at Club Level

  • GAA Clubs with Social Clubs
  • Should be a separate entity with a different bank account.
  • A Social Club is a business!!
  • A GAA Club is a GAA Club!!!
slide11

Good Financial Management at Club Level

  • Resource Support: www.ulster.gaa.ie/club-maith
  • Club Maith Advice Note Number 4 Financial Control in the GAA Club
  • Club Maith Advice Note Number 2 Key Roles and Responsibilities
  • Volunteer Officer Training in your County January- March 2010
slide12

Fundraising at Club Level (Traditional)

  • Membership Fees
  • Gate Receipts
  • Lotto
  • Events
  • Draws
  • Sponsorship
slide13

Standing Order Scheme

  • New change in culture for GAA Clubs
  • Clubs who have been successful in their schemes include: Faughanvale, Kildress, Galbally, Claudy, Magherafelt, Donaghmore, Dunloy and many more!
  • It works and it’s Easy to manage!
  • Linked to CASC (discussed later)
slide14

Standing Order Scheme- Planned Giving

Basic Principle:

“Ask people who have the welfare of the GAA in your Club area at heart to commit to paying a set amount to the Club”.

The Commitment can be open-ended or for a set period. In most cases the payment is approx £20/€20 per month.

slide15

Standing Order - Planned Giving

Member of the scheme receives only one benefit....the knowledge that they are contributing something to their GAA Club!

Some schemes include a special edition bit of Club merchandise (coat/polo-shirt) and an invite to a social event once a year. Scheme also include a quarterly newsletter sent out to members.

slide16

Standing Order Scheme- Planned Giving

  • Form a small dedicated committee
  • General Meeting of interested people
  • Give out application forms and follow up with a visit or phone call
  • Highlight the annual operating costs of the club and were the money will be going
  • Good Marketing and Good Branding are key...........!
slide17

Additional Resources:

  • www.ulster.gaa.ie/club-maith
  • Club Maith Advice Note Number 9
  • Example Direct Debt Scheme Resources
  • Organise Standing Order Scheme Information Night...Clubs “Clustering” Together.
slide18

Community Amateur Sports Club (CASC)

Community

Amateur

Sports

Club

slide19

Community Amateur Sports Club (CASC)

A monetary scheme devised to encourage communities to support their local voluntary sports clubs

Managed by Inland Revenue

Basically money back on donations made to your club

slide20

Eligibility

  • Is club membership open to all?
  • Are club’s facilities available to all?
  • Does Club’s constitution prevent profits being distributed to members?
  • Does club provide facilities and encourage participation in eligible sports?
  • Does Club’s constitution state that on dissolution of club assets are to be applied to sporting or charitable purposes?
benefits
Benefits

Gift-aid schemes “Friends Of/Direct Debt” 25p can be claimed back in every £1 donated

Exemption from corporation tax on profits where turnover £30,000

Exemption from corporation tax (Income from property) where gross income £20,000

Exemption from corporation tax on interest received

Rates relief on Club property (80% currently, increasing to 100% in 2011)- Make contact with local Rates Office to take advantage of this benefit

slide22

Donations must be ‘gifts’ i.e. no donation ‘reward’

  • How......
  • Register with HMRC as a CASC
  • Nominate an authorised claimant Form chN1
  • Fill in the Repayment Form Form R68
  • Gift Aid Declaration Form – Keep records
  • Donation collection
  • Send forms to HMRC Charities
slide23

Additional Resources:

  • www.ulster.gaa.ie/club-maith
  • Club Maith Advice Note Number 5
  • Example Resources
  • Forms and Links to HMRC
  • www.hmrc.gov.uk/casc
  • HMRC Charities Helpline: 0845 302 0203
  • Option 6 – Gift Aid
slide24

Security Risks in the GAA Club

  • Risk Management Booklet for Clubs has been e-mailed out by County Secretaries, booklet is available online at www.ulster.gaa.ie/club-maith
  • Information on:
  • Perimeter Protection
  • Safeguarding Property
  • Security Protection Systems
slide25

Club Maith Web-site

  • Resources
  • Tool-Kit
  • Examples of Best Practice
  • Discussion Board
  • Up to date Notice Board
  • Login Name/Password
slide26

Irish News Club and Volunteer Conference

Saturday November 14th

Armagh City Hotel

Bookings:

conference.ulster@gaa.ie

£20/€25 per person

Book 4 places from one club get the 5th place FREE – valid until 1st October 2009

question answer feedback and discussion

www.ulster.gaa.ie

Question & Answer

Feedback and Discussion