Foxton Racing Club.

Manawatu Herald, Volume XXVIII, Issue 3700, 14 August 1906, Page 3

Foxton Racing Club.

REPORT AND BALANCE-SHEET. The following report and balance■heet was presented and adopted at the recent annual general meeting : REPORT. “ The Committee have pleasure in submitting for your perusual the annual statement of accounts for the vear ending 30th June, 1906. “ Members will be pleased to know diat the season just closed has been the most successful held by the Club. You will note that the credit balance it the end of the last financial year stood at £lsl 3s 6d. During the twelve months the sura of £6OO has been spent in permanent improvements, and the balance-sheet now shows a debit of £3B 8s 2d, which must be considered highly satisfactory to all interested. “ The receipts for the year, excluding the credit balance as shown above, am tints to £2226 4s Bd, as against s, 1920 15s for the previous year. The increase we consider mainly due to the various improvements effected during the year, the proceeds from the totalisator alone showing an increase ot £204 13s rod, whilst the nomination md acceptance fees and privilege money show a substantial increase. The expenditure for the year totals £2415 16s 4d, the principal items being stakes £I4OO, an increase of £l3O over season 1904-05, salaries £125, printing and advertising £95 zs 4d, labour and improvements £654 os yd. “ The Club regrets to record the death of one of its most useful members in the late Mr J. F. Overend, who always took an active interest in the welfare of the Club. “ The thanks ot the Club are due to all officials for their untiring efforts during the year. —F. E. Jenks, Chairman.” BALANCE-SHEET, Receipts.—Credit balance at bank, June 30, 1905, £lsl 3 s To nominations and acceptances, £3BB ; members subs. £63 18s; training fees, £ll ns; totalisator £1492 19s 3d (less Government tax £246 2s 2d), £1246 17s id ; Publicans booth, £llO 10s; refreshment booth, £ls; cards, £IOO 7s; outside gates, £l4l 16s yti; inside gates, £144 ss; horse paddock £3; oony race, £1; debit balance, £3B 8s 2d. Total, £2415 16s 4d. Expenditure.—Stakes, £1400; salaries, £125 ; printing and advertising, £95 2s 4d; labour and assistance on race days, £35 13s 4d; labour and improvements, £654 os yd ; hmcheons, £29 ns 8d ; Band, £ls; rates and in--urance, £x6 8s 3d; trustees (rent 2 years), £lO ; turf registers, £2 12s 6d ; racing conference, £2 os 6d; stamp dept., £3 14s 6d; sundry small accounts, £xß 8s 3d; bank interest to 31st March, £5 12s 6d ; bank fee (2 accounts), £1; stamps and stationery, £1 us g. Total, £2415 16s 4d.