Presidents Pen

Presidents Message – April 2022

Greetings to all club members.
This is my first communication to the club membership since my election and even though it is early in the year there has been much happening at the club.
The wide range of sub clubs are well underway for the year and it is positive to see the club facilities being utilised.
Update on Club Facilities
The sale of a small area of club land to the Pauanui Pre School is proceeding slowly.  Recent meetings between the club, our consultant and the Thames District Council are moving this project closer to completion.  This will allow us to proceed with previously planned developments.
A comprehensive upgrade of the Mini Putt and Menzshed headquarters is near completion.  I would like to thank the Menzshed organisation for their co-operation in seeing this project through and achieving an excellent outcome for club members and visitors.
A generous donation of building materials has been made to the club allowing for the extension of the existing deck area overlooking the Richardson’s bowling green.  Plans for this project are complete and building is scheduled to begin mid-year.
Board Planning
I would like to welcome Dianne Williams as a co-opted member of the board.  Dianne is a person of extensive experience and has an impressive list of achievements in the corporate governance arena.
Dianne is a local resident and has expressed her commitment to our board and the community.  The board is delighted to have Dianne join our team.
We hope to have the one remaining co-opted position filled as soon as possible.
The board sees one of its important tasks is to plan for the club’s future.  Some very good work on the strategic plan was completed in 2021 and we intend to build on this work to provide a clear direction for the club’s future.
Financial Performance
The board is well briefed on club financial matters and is taking advice to enable best decisions to be made for all its stakeholders.
Covid has created issues for the board and management.  This is illustrated in the brief financial summary below.

• Overall Comparison with Budget:
o Net cash deficit:
▪ Dec YTD shows a $31k negative variance (Govt Subsidies which largely covered the deficits for Oct and Nov were not available in December).
▪ As a result, our cash in the bank at the end of December was down for the quarter by $110k to $305k.
o Turnover YTD was $12k better than budget and gross margin was aprox $5k better than budget however negative staff cost variances because of             the minimum wage increases accounted for the majority of the shortfall.
• Subscriptions:
o Total number (as of 31 December) of paid up members (at 1480) are up 3.6% on last year.

I look forward to seeing you all at the Club in the near future.

Chris Saunders

The full survey results are available here: Survey Results