OKDIATreasurer’sreport2017 Asattheendof2017,thefinancesareinveryhealthyshapewith£24,282ofcashandanetassetpositionof£26,593.The2017surpluswas£3,685.

Wehaveaveryhealthycashpositionwithasurplussotheremaybescopeformoreinvestmentintotheclasse.g.moreprofessionalsupport,reducedcharges,boatloanforyouths,morefreebeeratOKevents�etc.

Thistrendofhealthyfinanceswithasteadilyincreasingcashbalancecontinuesinto2018withabalanceof£30,487asatendofMay2018.

NickCraig

OKDIATreasurer,1July2018

OKDIA2017incomestatement

IncludesNZaccountat£1=1.90NZ$

£Openingbalance 20596.75

Income £Membersubs 6,154BarbadosWorlds 2,980Saillabels 2,282Advertising 2,147OKEurossailorlevy 996Mastlabels 838ISAFplaquesnetincome 72Other 24

Expenditure Salarymedia/publicity 6,740OKmagazine 2,268Technical/mediawork 1,174Secretaryexpenses/trophyengraving 731Website 513Worldsailingsubs 200ISAFmeasurementseminar 182Bankfees 1

Closingbalance 24,282.17

2017surplus 3,685.42

OKDIABalancesheet,31December2017

2017OKDIABalancesheetposition-31Dec2017

Assets £ Bankbalance 24,282 Debtorsi.e.whoowesOKDIAmoney 2,485

*10Worldsailingplaques-AUSassociation 650

*FRAmemberssubs 400

*Others<£200each 1,435

Liabilities

Creditorsi.e.whoOKDIAowemoneyto 174

Netassetposition 26,593

6,154

2,980

2,282

2,147

996838 72 24

OKDIA2017sourcesofincome

Membersubs BarbadosWorlds Saillabels

Adverasing OKEurossailorlevy Mastlabels

ISAFplaquesnetincome Other

6,7402,268

1,174731 2001

OKDIAExpenditure2017

Salarymedia/publicity OKmagazine

Technical/mediawork Secretaryexpenses/trophyengraving

Worldsailingsubs Bankfees