Treasurers Report for 2018 after the audit

The 2018 Financial Accounts have been audited by Ian Brown

on 29 January 2019.


Our income in 2018 from membership fee was €  12.915,00.

The membership fee was made up by 1729 members paying € 5,00,
and 49 members who were renewing after 5 March, paid € 10,00 for their renewal.

We welcomed 378 new members, and they paid € 10,00 each.

We had a decrease of € 5.058,63 in our balance.

Our end balance of 2018 was less then € 2.500,00 and therefore the committee decided in November, to increase the membership fee to the original € 10,00 for renewals and new members.

Contingency and deposit account.

We have € 500,00 in our contingency fund and € 0,00 in our deposit account. As from January 2019 our contingency fund will be increased to € 4.000,00 again.

Asset Register.

The Asset Register is up to date and this year we added an audio tour guide ear system for the travel group, a projector for our General meetings, a sound system for the dramarama group and a laptop to make reservations for the town hall.

We spent a total of € 2.982,57. Purchases under € 100,00 will not be shown in the asset register because of the almost immediate depreciation.


For our liability insurance, which covers our third party liability, we paid this year €  1.391,63.

Payments to groups

This year we had the regular expenses for groups and committee such as ink cartridges, paper, play cards, rummikub set, Dvd’s, dining out hosts, monthly  WIFI from Orange, € 39,95 which we are using in Calle Catalayud, raffle gift, speakers gift, farewell gifts, hall hire, group leaders dinner, website costs etc.etc.

All the payments we make, are showing in the financial report, which is on the website every month, the week after the GM.

Special Events

Last year we had two dinner dance events in El Canor and a hog roast
at Font Santa.

For the summer dinner dance at El Canor 234 members were present
and for the Xmas dinner dance we welcomed 218 members.

Because we celebrated our 10th anniversary this year, our special events committee opted for spectacular music groups during the 2 dinner dances.

The hog roast at Font Santa was attended by 196 members.

The Budget.

The budget for this year will be € 17.560 ,00.

The Budget for 2019 has been constructed using all of the information and forecasts that were available at the time the Budget was compiled in January 2019.

Carin Derksen

Treasurer U3A Moraira- Teulada

26 february 2019