Sussex Gymnastics County Treasurers Report
1st April to 30th June 2026
I would like to acknowledge the wonderful job Keith Walter has done for Sussex Gymnastics for many years and am very proud to be stepping into his shoes. I hope that I am able to continue his great work and will endeavour to fulfil the role to the best of my ability.
The start of this financial year saw a very healthy brought forward balance in both the current account and the Skipton savings account. Keith spent an enormous amount of time on the phone setting me up as the Primary User on the HSBC account. In order to be able to complete this, I then had to set up telephone banking, which again took some time, however all is finally in place. I have now set up a savings account with HSBC, called the Business Money Manager (BMM) account. Monies can be transferred to and from this account with ease. It is an interest bearing account (interest is paid monthly) with no fee. As it is classified as an Instant Access account, the current interest rate is 1.2% which is not very high(Skipton is only 2.05% currently), but more than simply leaving money in the current account. I do not yet have access to the Shipton Building Society account and it will need to be decided if we wish to close the account and transfer all the savings into the BMM account to make life easier as there is no Skipton branch in the area.
Since April, five Clubs have received £1,426.50in 50% grants towards their training costs.
The entry for the WAG team to enter the Rosebowl International was paid amounting to £410.
Lisa was reimbursed for her accommodation costs for the GB Development Squad 17th to 19thApril and she also led the first County Squad training session of the year on 17th May.
The Sussex GG F&V ABSG took place on 14thJune at Hawth GC. Although Kim said it normally loses money, it has actually made £99.09 this year however there is still some income to come. The next competition will be the Sussex Invitational on 19th July at Horsham GC.
Stella Jackson
County Treasurer