Despite facing the continued effect that the recession has had on golf clubs nationally, a new streamlined Newton Stewart Golf Club has posted profits of over £25,000 for 2014.
Elected members are set to approve a healthy annual statement of accounts from the club at next Wednesday’s area committee meeting in Wigtown, three years on from receiving £20,600 from the same committee to keep the club operational. That grant came with conditions attached that, with council help, the club restructured itself to ensure the end of its expenditure exceeding its income.
A report from council officers stated that: “During 2013/2014, the club made significant progress in increasing membership and green fees and decreasing expenditure which has directly contributed to the surplus position of £25,580 (including £9,840 bar surplus) being reported for 2014.
“Expenditure has reduced from £124,010 in 2012, £110,158 in 2013 to £89,241 in 2014, this is mainly due to a decrease in staffing.”
Costs were also cut by using club volunteers to look after the upkeep of the club house and equipment.
Stranraer Golf Club’s annual accounts revealed they made a profit of £12,694 for 2014, despite membership decreasing.
A report on the club’s finances said despite losing 27 members since 2013, an increase in membership fees had boosted membership income. Senior and junior member had increased as had the number of country ladies. The club will play host to the Scottish Ladies County Finals in September, an event over three days that will bring over 100 bed nights to the town. The club have also secured the SGUL Boys Area Team Championships in June 2017.