Bar
Income from the bar is the gross amount taken over the bar, excluding VAT.
Subscriptions
Subscriptions are due on 1 September (previously 1 June) of each year. No account is taken os subscriptions in arrears and no part of the subscriptions is carried forward as they are not refundable.
Fund raising activities
A number of fundraising activities take place. Where the activity is distinguishable by the sale of entry fees, tickets etc. then the takings are shown separately. When the activity is not distinguishable because tickets are not sold, the proceeds are shown under the relevant heading usually bar takings or the sale of food.
Grants
Grants are taken into account when written notification has been received and any conditions met.
Other
Other income is credited when goods or services are delivered.