NEWS
Crendon
helps you to
handle the
pressure.
Handy tooling to stop your
hoses from blowing off.
T289R - Great value!
Membership fees increase to only £25.
Since taking over the role of Club Treasurer, I have reviewed our cost and income
basis and have made the following observations.
By the end of 2009 our reserves had reached an all-time high - almost £3000 and we decided we should not continue amassing funds in the account but rather
we should use these monies to fund a better club magazine and to provide better
facilities to our members at our key event, the AGM at Silverstone. You will all by
now have seen the improved colour magazine and those of you who attended
Silverstone will have enjoyed using the marquee, tables, chairs, tea and coffee
provided. This also provided a good focal point for our annual AGM and barbeque.
I presented our club financial position at the AGM and stated that in future I would
like to keep our reserves below £2000 and as far as possible we should attempt
to keep our expenditure equal to our income. Our income is limited to the annual
subscriptions plus any magazine advertising we can secure. I am predicting our
reserves will now fall below £2000 during 2010 in line with my forecast. Our major
expense items are the colour magazine, postage and Silverstone AGM costs.
Looking forward to 2011, our increased spending this year brings our reserves
into line with expectations (<£2000). Estimates of our major costs, based on a
membership of 130, are:• Magazine (4 issues per member @ £4.50 per issue)
£2340
• Silverstone 2011 AGM (similar facilities as 2010)
£650
• NEC
£250
• Club Liability Insurance
£150
• Web hosting services
£160
Total costs
The JK Beading Tool rapidly forms a hose
retaining bead on stainless and mild steel,
or aluminium tube. Works up to 18 swg wall
thickness, and from .75” to 2.5” OD, without
the need to anneal the material.
£3500
So with an estimated expenditure of £3500 amongst 130 members this works
out at £26.92 per member. As these figures are estimates only and no magazine
advertising has been included, the committee decided to place the 2011
membership fee at £25 per member. This was put to the vote at the 2010 AGM and
accepted by the membership. As our international members don’t get the benefit of
the Silverstone facilities but the club does incur additional postage costs for these
members’ magazines it was decided that no additional cost penalty would apply to
international members and would be the same as UK members.
This is the first subscription increase since 2006 so I thought it worthwhile listing
some of the benefits of club membership:• 4 x high quality, colour newsletters each year
• Informative web site, with regular updates, plus an active forum relating to cars
builds, events, for sale etc.
• National meeting @ Silverstone Classic with track laps
• Club display @ NEC Classic Car Show
• Access to international events as part of The 289 Register e.g. Le Mans
Classic 24 hour
• Access to UK events as part of The 289 Register
• Specific club only events such as this year’s Scottish Road Trip.
• Discount on tickets to certain high profile events such as Silverstone, NEC etc
• Preferential car insurance rates
• Hawk Cars sponsored first years membership fee for Hawk kit customers
• Occasional one-off special offers from Hawk cars
• Members technical support
• Club merchandise
Also to put into perspective our membership fee, here is a sample of some other
clubs fees as far as I can ascertain:• Cobra Replica Club
£30.00
• AC Owners Club
£60.00 + £2.50 joining fee.
• MG Owners Club
£36.00
• GT40 Enthusiasts
£30.00
• Stratos Enthusiasts
£25.00
You mount the tool in a vice and operate
by opening and closing the jaws of the vice
while rotating the tube in approximately 20
degree steps. The tool costs £85 delivered,
from Crendon Replicas on 01296 651 985.
4
THE 289 REGISTER
We will include a reminder in the Winter newsletter of the fees increase along with
a standing order form to change your instructions to your bank.
Club Treasurer
Allan Tunstall