Treasurers Report, March 2019

Thank you to everyone who stayed around for the very speedy AGM after the Twilight event in March.

 

In 2018, SARA made a loss of $300, and had an annual turnover of $62 000. That leaves us with $40 000 in the cash reserves. Our books have been audited and a copy of the financial statement is available today on paper, and on our website.

 

Throughout the year we continued to financially support rural communities in South Australia. Principally this was through our bush events at Almerta and Holowiliena stations. We also supported the Flinders Ranges branch of the Isolated Childrens’ Parents Association. They fundraised by doing some catering for us and then we made an additional small donation to them. They works to provide equity in access to education for children in rural and remote Australia, and was a cause that we felt was important to support, as SARA as an organisation, continue to be connected with those families and communities in rural Australia.

 

In the first half of the year, we finished the upgrade to our website, which included launching our new entry system. The new system includes credit card payments and self managed team changes. Hopefully you have benefited from the improved efficiency of this system, but certainly be sure those of us working behind the scenes are appreciating the flexibility and automation the new system is offering.

 

Late in the year, we purchased a new marquee. We see this as an investment that will last us a long time and hopefully you have all noticed it today. Of course, it comes with a great new colour scheme. If this one works out well, we will purchase a second one to use for the hash house at bush events.

 

Looking forward, we will need to spend some money to prepare for and in the lead up to the National Championships in 2020, which Craig is going to say a few words about that event. Other than that we are moving along quite nicely, and our finances continues to be stable year to year.