Finance Review 2024/5 and proposal for 2025/6
Introduction
At the close of last year, the County assets were almost £60,000.
County funds last year increased by £13,500 and the year before by almost £13,000
We are now in a position where we have enough funds to support any emergency.
Our County funding is very simple, most income comes from entry fees for county sponsored competitions less the costs of running the competitions. The model we use is equally simple the organiser determines the entry fees and the expenses; the remainder is given to the county.
We need to consider the way forward for next year, and I have had a meeting with Sally-Anne to put together a proposal.
Last year we used just under £9,000 of the competition surplus to support training coaching and judging throughout the year, plus for the first time high performance gymnasts.
My proposal for the coming year to raise the profile of the county in the gymnastic community, and to enhance our clubs skill levels, is to double the funding available for training and development to £20,000, a sum probably unmatched anywhere in the UK
Funding will come from the expected surplus this year.
The attached paper sets out the proposal in detail.
Keith Walter
County Treasurer
Sussex Funding Proposal
Coaching
Helpers / Level 1 to High Performance
Judging
On line club judge to Brevet
Support of 50% to £900 per club per year
High Performance Gymnasts
Funding to gymnasts selected for home nation squad where costs are not met by region / home nation
Up to £200 per gymnast
Other Costs
Accommodation costs where a coach is required to stay overnight due to distance for a course
Individually agreed
CPD for level 3 and above
Workshops which extend knowledge and gain experience of Coaching that can be passed on to Sussex gymnasts
Costs agreed separately for each event
Squad Training
Costs incurred by coach invited to attend National squad training when costs are not covered by BG or Home Nations
Costs agreed separately for each event
First Aid/ Mental Health Awareness
County to facilitate workshops for new and or young coaches to develop their understanding and awareness of accident prevention and understanding of the needs of young children / adults
Other workshops
Ad hoc workshops to support training and development
Funding agreed for each event separately
Controls
All applications must be agreed by the treasurer before funding takes place, and proof of spend will be required
The treasurer will administer funding and may refer applications that require guidance to the discipline representative before accepting the application
The treasurer will present a quarter report at each committee meeting listing all funding approved for review and to keep the committee updated on applications
In the event of the total of £20,000 being reached or should circumstances significantly change then the committee may amend this proposal without notice to clubs