P.B. GOLF CLUB

Poverty Bay Herald, Volume LIX, Issue 17953, 3 December 1932, Page 3

P.B. GOLF CLUB

THE ANNUAL REPORT YEAR SHOWS SMALL DEFICIT ECONOMIES TOTAL £lßl In view of the difficult circumstances under which all forms of sport have been carried on during the past year, the Poverty Bay Golf Club s executive probably feels satisfied in being able to present a balance sheet in which a deficit of only £l4 14s 6d is shown. The income of the club dropped £139, compared with the previous year, the major loss being through decreased membership subscriptions. On tho other hand, the committee effected economies in all forms of expenditure, and showed a total reduction, as compared with 1931* 32, of £lßl. T.lio total expenditure for the year was £1179, wages consuming £482, maintenance £B2, rent £357, and general expenses £2B, among other major items. The membership income for the year was £IOO4, green fees realised £66, the profit from the annual ball yielded £54, and small profits were also realised from the Easter tournament and tiieopen championship tournament conducted by the club. There was a substantial excess of assets over liabilities, at the close of the year, the main items under the heading of assets being debentures in Poverty Bay Golf Links, Limited, £205; tools, plant and furniture, £6B; triplex mower investment account, £120; improvements to links account, £1035; and shares in Poverty Bay Golf Links, Limited, £1470. The total assets are shown in the balance sheet at £2993 17s 9d. Against these arc set a reserve for native rent, £SO; sundry creditors, £9 11s; subscriptions paid in advance for summer play, £9 Is 6d; and the capital account, which fitter making

allowance for the year’s small deficit, stands at £2925 5s 3d. PLAY ANI) TROPHIES

In the report which is to be submitted with the statement of accounts at a general meeting to be held on December 16, the club’s thanks are accorded to all who assisted with the annual ball, particular reference being made to the work of the ladies’ committee. Mention is made of the successful inter-club matches played during the past season with Napier, Wairoa aiid Tolaga Bay club teams, and the enjoyable town- and country teams’ matches, one of which was. played on Mr. J. Bar ns-Ora ha in’s private co.urse at Haugaroa. The report mentions 'that the Awapnni links were iri particularly good order for the open amateur tournament held in September, Hio Kciha challenge cup being won by N. Parker and the W. B. Miller challenge cup by M. Michael. Winners of the club trophies for the season are enumerated in the report aa follow: Men’s championship, F. Fenwick ; Reynolds Cup, H. W. Barker; Willock Easter Cup, J. S'. BarnsGraharn; Hutchinson Cup, E. J. Jenkinson; J. H. Ormond Cup, M. Michael; Bree Cup, H. W. Barker; ladies’ championship trophy, Miss W. Barns-Graham; Waishe Cup, Miss P. Price; Nolan Vase, Miss G. Faram; Hutchinson Cup, Miss M. Bull; Oman Cup, Miss M. Foster; L.G.U. silver medal, Miss I. O’Meara; L.G.U. bronze medal, Mrs, K. G. Butters.

Appreciation of the services rendered liv the club’s professional, J. Mowat, and by the greenkeepers is recorded in a paragraph of the report, and members are given a reminder that all officers of the club retire at the general meeting, and that nominations for, the respective positions thus vacated must be lodged at least seven days prior to the date of the meeting.