1. Financing BUSA Dave Rogers – Head of Finance Barry Hamilton – Finance Administrator

2. Why know about BUSA Finance Impinges on most aspects of decision making Affects all committees Accountability Value for money

3. Sources of Income Affiliation Fee Team & Individual entry fees Sponsorship Sports Councils Grants from National Governing Bodies Interest on our Investments

4. Affiliation Fee User Pays system since 2002 Raise £645,000 for 2005/06 season 20% per student – £129,000 80% “User pays” – £516,000

5. User Pays – Raise £516,000 Team Entries 2003/04 – 4,501 Individual Entries 2003/04 – 15,453 10:1 Teams to Individuals weighting Total Entries 45,010 + 15,453 = 60,463 Divide £516,000 by 60,463 = 8.5341 User pays will be £8. 53 per Individual Entry & £85.34 per team

6. Team & Individual Entries Team entry – £44 per team Individual entry – Sports specific charge (50p to £120) Increased by 5% each year Aim to mirror NGB rates in each sport

7. Other Sources of Income Sponsorship No current title sponsor – we are looking! Two associate sponsors Sports Council World University Games FISU meetnig representation Governing Bodies Championship income eg FA, RFU, ECB Specific WUGs and WUCs income from NGBs eg UK Athletics, British Judo Association

8. Expenditure Domestic Championships Costs of running team & individual championships SMG expenses, medals & trophies, etc Domestic Representative Home Nation Events incl BUGs, Other Representative matches International Representative Mainly ‘ring-fenced’ grants (UKS & NGBs) World University Games (WUGs + WUCs)

9. Expenditure Staffing Direct: sport-related (Sport Programme Managers,clerical) Central office support (CEO, Head of Finance, etc) IT/Results Web site/Infrastructure Capital & Recurring (License Fee & Web Hosting) Non Staff Office Costs Paper, photocopiers, postage Committees D irect costs + staffing

10. Management Accounts Budget Proposal: Projected by activity areas income & expenditure for next year Approved by F&H and Executive Board Quarterly Management Accounts Shows income/expenditure quarter end Highlights anomalies Identifies problems Ensures accountability - F&H

11. Aims for next year Deliver the budget - No 1 aim Continue to focus on our cost base Suppliers Telephone/Postage Meeting Costs Obtain a title Sponsor Continue to use new technology to reduce and not add to costs

12. Finance & House Committee Committee Make up Chairman - Senior Vice Chair Honorary Treasurer Student Vice Chair Three Students A Senior non Student Member 2 co-opted members

13. Finance & House Committee Issues discussed in 2004/2005 Two Year Budgeting Additional Income Streams Vat Liability Reserve Funds Health & Safety Audit & (DDA) Building Review Online Entry System & Data Capture

14. Finance & House Committee Staffing Issues Discussed in 2004/2005 Staff Contracts Staff Secondments Staff Training Requirements Job Titles Pay Awards (AUT Increases) Appraisal System

15. Can you help us? 1.Travel – book ahead 2.Ask for help 3.Get Involved Finance and House 1.Controls the money 2.Good overview

16. Financing WUGs 2007 ?