Treasury

The Club Treasurer’s year

• 1 July (and possibly 1 January) – collect subscriptons from members. Set own deadline for payment date. Please remember that District issues pro-forma invoices on 1 July and 1 January. Payments afer 31 August & 28/29 February are subject to a per member surcharge.
• Before 31 December – Annual accounts, which have been examined must be presented to and approved by Club Council. Circularisation to members needs to be a minimum of 21 days before the meeting.
• Before 30 April – Budget presented to Club Council.
• In Club Council of preceding year – Appoint Independent Examiner (needs to be annual appointment)

Responsibilities and duties of a Club Treasurer

• Stewardship and custody of Club funds on behalf of its
  members
• Financial management – dealing with receipts (including
  subscriptons from members) and payments and recording thereof
• Preparing annual accounts of the Club and any Club Charitable
  funds
• Arranging independent examination
• Preparing a budget for approval by Club Council
• Reporting on finances to District meetings
• Notify District of Annual Accounts preparation