Tuesday, September 20, 2005

2005-2006 Bonjour et bienvenue! Welcome

Une nouvelle saison de curling débute dès le 28 octobre 2005 avec une soirée
pré-ouverture, costumée pour l’Halloween. Cette première semaine porte le nom
du pied branlant sur glace (wobble week).

Plusieurs événements sont à prévoir cette saison et nous vous invitons à nous
visiter et à consulter le calendrier d’activités affiché au lounge. Vous serez donc
en mesure de bien planifier votre saison sportive au Club.

Les jeux McCain Skins TSN tenu décembre passé étaient un événement réussi,
grâce à Beth Sullivan et son équipe en apportant les jeux à Bathurst. Le club
projette courir des jeux semblable comme événement hebdomadaire régulier,
rendez visite au clu
b pour ample informations.

Du 18 au 21 novembre 2005 les jeux jeunes speil en argent comptant auront lieu.
Venez encourager nos futures jeunes olympiens et olympiennes!

Du 2 au 4 décembre 2005 les jeux adulte speil en argent comptant auront lieu.

Si votre compagnie, ou même un groupe de vos ami(e)s, aimeraient former une
équipe, vous n’avez qu’a communiquer avec nous et il nous fera plaisir de
répondre aux questions.

Pour tous autre renseignements, n’hésitez pas à rejoinder le Club au 546-5665.

Au plaisir de vous revoir sur la glace!

Another curling season will begin on October 28, 2005. This season will
be quite interesting and starts with a Halloween costume party to start off wobble week.

There will be many other events during our curling season; please visit the club; to
keep you informed of these events we have posted a calendar of events in the lounge
area in order that you may plan your winter activities in conjunction with your
Curling Club Arena.

The McCain TSN Skins Games held last December was a successful event, thanks to
Beth Sullivan and her team’s dedication in bringing the games to Bathurst. The club
plans on running a similar event as a regular weekly event, visit the club for details
.

A Bathurst Adult Cashspiel will be held December 2 to 4, 2005.

The Bathurst Open Junior Cashspiel will be held November 18 to 21, 2005. Support
our future young Olympians by visiting the club during this Cashspiel.

If your company wishes to form a team in the Industrial/commercial league please
call the club for extra membership forms. The Industrial league has their games on
Tuesday and Thursday evening at 7 P.M. If you with to form a team and not join the
Industrial/commercial League you may play on other nights. Call the club a 546-5665
for more information

Looking forward to meeting you on the ice!

Sunday, September 18, 2005

BCC Financial Review Analysis

Assets 2005 2004 Change % change
Cash $19,203.00 $12,776.00 $6,427.00 50.31%
Accounts Receivable $0.00 $150.00 ($150.00) -100.00%
HST receivable $95.00 $237.00 ($142.00) -59.92%
Inventory $1,421.00 $1,576.00 ($155.00) -9.84%
Total $27,522.25 $10,048.78 $17,473.47 173.89%
Liabilities
Total $2,841.18 $802.26 $2,038.92 254.15%
Assets-Liability before tax $24,681.07 $9,246.00 $15,435.07 166.94%







Revenues



Canteen Sales $29,746.00 $36,705.00 ($6,959.00) -18.96%
Inventory, opening $1,576.00 $3,852.00 ($2,276.00) -59.09%
Purchases $12,381.00 $13,003.00 ($622.00) -4.78%
Inventory, closing $1,421.00 $1,576.00 ($155.00) -9.84%
Net Profit, canteen $12,536.00 $15,279.00 ($2,743.00) -17.95%
Gross Profit from canteen $17,210.00 $21,426.00 ($4,216.00) -19.68%
Membership $9,830.00 $10,521.00 ($691.00) -6.57%
Building rental $5,658.00 $8,113.00 ($2,455.00) -30.26%
Lockers $475.00 $625.00 ($150.00) -24.00%
Net spiels,suppers & ent $3,725.00 $5,164.00 ($1,439.00) -27.87%
Donations $21,018.00 $0.00 $21,018.00
Total Revenue.
$60,969.00 $56,297.00 $4,672.00 8.30%







Expenses



Salary and benefit $6,962.00 $12,225.00 ($5,263.00) -43.05%
Repair & Maint $12,256.00 $9,749.00 $2,507.00 25.72%
Ice Plant $2,449.00 $1,115.00 $1,334.00 119.64%
Electricity $12,340.00 $16,929.00 ($4,589.00) -27.11%
Insurance $4,450.00 $6,060.00 ($1,610.00) -26.57%
Ice Making $1,519.00 $323.00 $1,196.00 370.28%
Professional Services $1,410.00 $1,050.00 $360.00 34.29%
Office & postage $873.00 $186.00 $687.00 369.35%
Telephone $741.00 $853.00 ($112.00) -13.13%
Bank Charges $1,373.00 $1,040.00 $333.00 32.02%
NBCA $1,419.00 $1,150.00 $269.00 23.39%
Total Expenses.
$49,645.00 $52,820.00 ($3,175.00) -6.01%
Profit (No Taxes) $11,324.00 $3,477.00 $7,847.00 225.68%
Profit (No Taxes & No Skins) $1,324.00 $3,477.00 ($2,153.00) -61.92%
Profit (Moosehead $9i5 incl.) $2,234.00 $3,477.00 ($1,243.00) -35.75%

BCC 8 Year Stats

1998-1999 1999-2000 2000-2001 2001-2002 2002-2003 2003-2004 2004-2005
$ 30,158.00 $ 19,489.00 $ 15,701.00 $ 20,607.00 $ 16,213.00 $ 21,426.00 $17,210.00
$ 15,717.00 $ 11,509.00 $ 12,117.00 $ 10,192.00 $ 9,417.00 $ 10,521.00 $9,830.00
$ 8,262.00 $ 7,123.00 $ 6,792.00 $ 4,153.00 $ 5,275.00 $ 8,113.00 $5,658.00
$ 675.00 $ 625.00 $ 650.00 $ 575.00 $ 225.00 $ 625.00 $475.00

$ 5,582.00 $ 5,421.00 $ 2,628.00 $ 4,421.00 $ 4,997.00 $ 5,164.00 $3,725.00
$ 1,490.00 $ 1,634.00 $ 1,062.00 $ 1,090.00 $ 278.00 $ (5.00) $658.00
$ 8,831.00 $ 6,656.00 $ 14,072.00 $ 7,889.00 $ 11,365.00 $ 10,453.00 $2,395.00
$21,018.00
$ 70,715.00 $ 52,457.00 $ 53,022.00 $ 48,927.00 $ 47,770.00 $ 56,297.00 $60,969.00
$ 71,871.00 $ 87,582.00 $ 88,011.00 $ 98,183.00 $ 112,159.00 $ 141,173.00 $163,787.81
$ 9,085.00 $ 6,373.00 $ 5,533.00 $ 6,829.00 $ 10,231.00 $ 6,419.00 $11,674.83
$ 80,956.00 $ 93,955.00 $ 93,544.00 $ 117,133.00 $ 135,646.00 $ 147,592.00 $175,462.64
$ 48,068.00 $ 58,686.00 $ 66,179.00 $ 74,703.00 $ 84,494.00 $ 94,772.00 $120,776.00
$ 32,888.00 $ 35,269.00 $ 27,365.00 $ 42,430.00 $ 51,152.00 $ 52,820.00 $ 54,686.64
$ (10,241.00) $ (41,498.00) $ (40,522.00) $ (68,206.00) $ (87,876.00) $ (91,295.00) $(114,493.64)
$ 37,827.00 $ 17,188.00 $ 25,657.00 $ 6,497.00 $ (3,382.00) $ 3,477.00 $ 6,282.36
$ 14,978.00 $ 15,691.00 $ 11,424.00 $ 15,299.00 $ 17,951.00 $ 16,743.00 $12,339.83
$ 2,748.00 $ 3,098.00 $ 2,596.00 $ 1,756.00 $ 5,053.00 $ 6,060.00 $4,210.00
$ 1,005.00 $ 1,167.00 $ 1,360.00 $ 1,732.00 $ 1,565.00 $ 694.00 $683.33
$ 1,150.00 $ 1,255.00 $ 970.00 $ 1,150.00 $ 1,495.00 $ 1,250.00 $1,250.00
$ 19,301.00 $ 16,014.00 $ 15,837.00 $ 12,121.00 $ 13,256.00 $ 12,225.00 $5,853.09
$ 1,811.00 $ 2,286.00 $ 2,211.00 $ 3,707.00 $ 3,852.00 $ 1,576.00 $1,421.00
$ 26,443.00 $ 26,388.00 $ 20,757.00 $ 23,823.00 $ 17,543.00 $ 13,003.00 $12,381.00
42.6% 37.2% 29.6% 42.1% 33.9% 38.1% 28.2%
$ 57,687.00 $ 45,402.00 $ 36,533.00 $ 42,934.00 $ 33,611.00 $ 36,705.00 $29,746.00
52.3% 42.9% 43.0% 48.0% 48.2% 58.4% 57.9%

BCC Secretary/Treasurer's Report 2004-2005

Secretary/Treasurer’s Report 2004/2005.

Summary:

Income exceeded Expense by $11,324, an increase of $7,847, or 247% compared to the previous year’s $3,477. If we deduct the Skins $10,000 the figure is $1,324, a decrease of 62% The Moosehead $515 for ‘specials’ sales and the $400 bonspiel sponsorship are being added to the 2005/2006 revenues.

There appears to be little that can be done to increase the bar sales although I would recommend that the ‘cheaper’ beers (Labatt Honey Ale, Carlings) could be sold as a ‘discount beer’: I think I could rig that on the cash register. We shall require a clear, written agreement with our beer suppliers and major sponsors as to the deliverables by each party. We also need to be clear as to what is, and what is not, taxable. Signage sales should be promoted to all who participated at the Skins event and to any others interested; we need to review the location of the various signs for best display and consider in-clubhouse signs. Membership and Pay As You Play options need aggressively pushed and we need a strategy to offer an inducement to become a member. Membership income is down and we need a strong advertising campaign to try to increase adult memberships. At the same time we need to ensure control of locker rentals. The whole area of ‘Ways and Means’ needs a fresh and innovative approach. There is more scope here for increased income than in Membership: Similarly, House and Ice rentals need strong promotion as do Suppers for events being held at the club. Each summer needs one or more major rentals and it is crucial that we get some Christmas parties.

It can be anticipated that House, Ice, Repair/Maintenance and Ice Making costs will stabilise failing any major events next year. We should continue to benefit from reduced power costs, particularly if we continue to improve control of the heating and lighting systems.

Completing a downstairs furniture change will be a significant cost, recoverable only if we increase the number of people (Pay As You Play, Rentals and Members) using the club lounge and increasing the time that they spend there (Canteen Sales).

Overall, there was long and hard work required to benefit from the year as much as we did. Supporters of the club rallied to the Skins organisation and the executive performed amazingly well considering that it lacked, and lost, crucial members for a variety of reasons. Despite this we had a significant cash flow from operation that allowed a great deal of work to be done and a profit was made from a difficult situation. Much of the credit must go to the President.

Respectfully submitted

Jim Duncan

Discussion: Attached are numbers from the Financial Review for May 2004 to April 2005 with the ‘Change’ and ‘% Change’ added to highlight the differences between 2003/2004 and 2004/2005. There is a second spreadsheet showing results from the past eight years.

Overall, the results for last year are positive, but show numerous areas of concern. In all, Profit ($6,500 property taxes paid but outstanding taxes extracted) was $11,324, which is up $7,847, from $3,477. Expenses dropped $3,175 from $52,820 to $49,645 while Revenues increased by $4,672 from $56,297 to $60,969. In Assets and Liabilities, we have increased our Assets to $27,522 from $10,050 ($17,472) and increased our Liability from $802 to $2,841 ($2,039). As a result our Assets over liabilities increased $15,300, from $9,246 to $24,680(before taxes).

Remember that we carried out extensive work on the electrical system last year and that this cost us, even with the unstinting generosity of Noranda and the volunteers. Regular curling income was lost during the Skins Games and the ice making costs were considerably increased. We should have seen a related cost in electricity consumption due to this, but the opposite was the case: Next year’s power costs should tell the tale, we hope the decrease is the affect of the wiring changes and a continuing benefit.

Rentals, Ways and Means, Bar Sales and Office Costs need closer control this next season. The changes in use of the cash register and assigning costs to other accounts have also obscured some of the benefits we expected. This should show up next year.

‘Revenue,’ Canteen Sales are down $6,959, or 19%, Cost of Sales was down $2,898, or 17%, probably due, in part, to beer & liquor donated from the Skins . Canteen Gross Profit was down $4,216, or 20%. Membership income was down $691, or 7%. The number of members is up: This could reflect an increase in seniors, afternoon players and Little Rocks. Rentals were down $2,455, or 43%, Lockers rentals were down $150, or 32%, and Bonspiel and Supper income was down $1,439, or 39%. We had Total Revenues of $60,969 compared to $56,297; an increase of $4,672, or 8%. Within this were Donations of $21,018 covering signage sales and the Skins donation. The accounting for Pay as You Play ($2,153.70) as a separate account and Wall Signs as donations in 2003/2004 has skewed the 2005 numbers.

Expenses’ Total Expenses were down from $52,820 to $49,645, a decrease of $$3,175 or 6%. Salaries and Benefits were down by $5,263, or 76% and Electricity down a whopping $4,589, or 37%! Insurance was down $1,850 or 30% The Telephone cost was down $169, or 15%, and Total Expense was down $3,175, or 6%. Ice Making costs were up $1,196, or 78%, with the extra work required for the Skins and the Ice Plant maintenance was up $1,334, or 54%, with an overhaul of the ice plant completed. Maintenance and Repair was up $2,507, over 20%, but includes the work to accommodate changes in the electrical system. An increase of $687, or 79% in Office costs reflects the new printer and ink cartridges as well as the printer itself. I am not clear why Bank Charges are up $333, or 24%, but it may be the inclusion of the Debit Machine charges: These may need to be stopped by a call to the service provider at the end of the season or else we continue to pay about $30/month. Professional Services are up $360, or 25%, and that is due to my errors in December. General Expenses were up 38% for unknown reasons.

Executive Meeting September 2005

Executive Meeting

September 13th, 2005.

Present: Jim Duncan, Guylaine Cote, Emile Babineau, Wayne Aubie, Bob Quinn, Claude LeBlanc

Absent: Mike Kierstead

  • The meeting was called to order at 1910 hrs by President Jim Duncan
  • The Minutes of the May meeting were read and approved. It was noted that executive members Alcide Doucet, Ken Brown and Robert Beaudet have had to withdraw from the executive for business and personal reasons: Replacements will be sought.
  • President’s Report. Jim reported a successful year and covered the financial aspects of the past year, prior to Guylaine taking over. Copy attached.
  • Treasurer’s Report: Guylaine reported available funds of $9,577.31 on hand. A printed report was not available as the posting of information has yet to be completed. A report will be available next regular meeting.
  • Bar: Chairperson Bob Quinn reported on the inventory just completed and on the need to find bar staff for the season: Particularly Monday and Thursday. A meeting with beer rep’s should be held before the end of the month.
  • House and Ice: In Ken’s absence, Emile reported on House and Ice (See attached reports). The rubber dam protecting the North door will be left in place until after the next Spring melt when it will be evaluated. Alvin has painted the Compressor House equipment and the surplus equipment in the room needs removed (Jim to contact Ken for direction). There are only two items outstanding from the Insurance inspection. These will be dealt with in the near future. Reports are attached covering the Table and Chairs storage and the ice shed doors. The Ladies Bridge Club contributed $200 toward supplies. Jim informed the committee that the CCA grant had been refused and there was further discussion of the question of furniture. This was tabled to another time as there are more pressing concerns in getting the season underway. The ‘Furniture Committee’ will be reinstated. Ice was requested to be available October 27th/28th.
  • Membership: Claude will work with Wayne to draw up a schedule of events to be used in promoting the season. Claude to consider placing two x ½ page advertisements in the Northern Light. Help will be required with distribution of applications. Claude to work with Bob on printing and mailing strategies. Jim/Bob to obtain $100 of stamps and 150 Envelopes. It was suggested, and approved that the Smurfit Stone players from last year be offered free curling for this season.
  • Match: Bathurst Open Junior Cashspiel will be held November 18th to 21st. A Bathurst Open Adult Cashspiel will be held December 2nd to 4th. The season will open with a Halloween Funspiel. The committee is to investigate the possibility of adding a snack/Hors D’Oeuvres addition to Monday or another night, possibly as an incentive to becoming a full member. Provision of a locker with membership was also discussed in this regard.
  • New Business: The Fall meeting will be held November 7th. The idea of a prepayment plan for memberships should be raised with members for possible implementation next year. Other clubs and Aliant to be contacted regarding cost of Internet and we should consider use of Scorecard.com during bonspiels. The club, particularly the Ladies washroom, to be thoroughly cleaned for the start of the season: This was accompanied by Wayne’s observation that ours is one of the cleanest clubs he has been in. Guylaine has investigated obtaining a Debit Card for the club which would permit us to get an account balance at any time. Jim and Emile to sign off on this.
  • Next Meeting: October 5th at 7 p.m.
  • Motion to Adjourn: Proposed, seconded and approved at 21:00 hrs.

Respectfully submitted
Jim Duncan

Summer Projects Report

E. Babineau

  • Repair Compressor House Roof : Completed: $2,350
  • Installation of conveyor belting around North wall and door, grading of North and East sides of building : Completed
  • Storage building begun but stopped by building inspector.
  • Storage constructed along sheet #5 for tables, chairs etc.
  • Ladies Bridge Club paid for:
  • Obtain and install insulated doors to ice shed
  • Repair Ice Shed screen door
  • Install concrete blocks on wheelchair ramp Paint, packing gravel and sundries
  • Paint Ice Plant
  • Correct Insurance inspection deficiencies

Rentals as of September 13th

E. Babineau

  • Jujy 27th: Jonathan Degrace Chair rental ($40)
  • July 29th : Chip Glendenning, Hall rental ($115)
  • August 12th : Greg Devereaux, Hall rental & bar ($86.25)
  • September 15th : Yoga, 1 session Monday, 2 sessions Wednesday @ $25/session
  • September 17th : Linda Sullivan, Hall rental & bar ($115)
  • September 17th Aloma Jardine, Chairs & Tables rental ($106.95)
  • December 10th UCT Hall rental & bar.
  • January 21, 2006, Curl for Cancer Hall donated, bar.
  • April 2006 Falconbridge Smelter Hall rental & bar.