1930-07-01 — Page 2

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H.K.F.A ANNUAL

MEETING.

NECESSITY FOR ECONOMIES STRESSED.

CHARITY GIFTS.

TUESDAY,

JULY

1930.

Treasurers Fee, air increase of 500.00. Furniture and Fittings, an

Increase of ASS Office Rent and Expenses, an'-

increase of

wheresto state:

4708.48.

047.26

Massage, an increase of $100.00, regard to the above lacrosses has been Honoraria Actually there has no increase in the honorariums to Secretary and Treasurer respectively,

figure represents the amount paid for the year to

to 31st May, 1929. There was nothing charged in the that year

this

Chairman (Mr. R.^M^ Dyer, The

Treagirars fendasurers.

-

revenue was referred to by the (for nonorari Honoraris of $800 C.B.E.) at the annual general for the League were paid in the in- meeting of the Hongkong Footballtarim--between the close of the accounts for the season 1928/29 and" Association held yesterday after the appointment noon at the French Bank Building.

is the first There was a representative time this flem has appeared, hence gathering, including Mr. W. E. the increase Holland Hon. Secretary),

office Meaars, R. Ormiston, R. K Dun- can, A. W. Eastman, H. E. Lee, G. T. May, G. T. Stokes, H. McTavish and F Smith.

Furniture and filings and rent and expenses --These two figures represent the cost of furnishing and running, the office respectively. As the Association has only recently rented an office, this is the drst year thesa items have appeared by

- Massage--Owing to» a misundez- standing, this sim was incurred in

The chairman said: Gentlemen. The annual report and balance sheet for the year ending May 31st, 1930, have been in your hands for the prescribed period, so follow-connexion with the Interport trials, ing the usual procedura 1 will with. It is not of a your permission, take them as read.

As arranged by the Council, wa however have received the special report on the Finance of the Associa- tion from our treasurers, Mesars, Percy Smith, Seth and Fleming, to which I will refer in a summarized forma

Ist

STERKO

recurring nature.

Gate Beccipta.

It would seem therefore from the foregoing that the Council's remedy to prevent the unsatisfactory financial position at 31st May, 1980, from being repeated at 31st May, 1931, is not much economy in expenditure, al- though this is important, as an in- At the June, 1929, the balance ease in the revenue accruing to the at the credit of the Association's Association Normally the gate re account amounted to $9,508.14. Subceipts for 1929/80 would have been sequently the balances on the Inter

greater by $2908.20, the gross amount port account of 10,759.64, and the collected in, the League Winners v. Hongkong Football

League were transferred to the Rest game. This sum was paid over Association Account making in all an Disaster Fond.

to the Navy League for the "Sepoy! opening balance at credit of the Association of $19,393.48.

account of

The Association draws revenue from stands at the Kowloon Football Club Decrease, in Revenue.

and the Hongkong Football Club. It During the year under review the would appear that it would be to the excess of Expenditure over Revenuehe Chinese Associations with a view

beacht of

the Association to approach amounted to $7.823.12 made up as

to arranging for similar privileges at follows:

the Stadium and Carolina HiL 10,161.53

Net Gate Receipts Less Paid to

Charities. 8,546.40 Sunday Herald

Charity Cup ... 4,502.74

Sundry Receipts

If it is impossible to appreciably increase the revente during the season 1930/31, then expenditure must be cut 7,909.14 | down in proportion..

2.252.39 915.99

Total income......

9,170.38 Total Expenditure 10,493.50 Excess of Expenditure

over Incone

$7,323.12

The year to t, May, 1929, showed a surplus in the year's work of $6,345.38 made up he follows: 1928)29

Gross Gata Beceipts Less Fald to Charities

Sunday Herald Cup

Competition

Sundry Receipts Less Expenses Less Applicable to Sunday Herald

Cup

19,595.80

828.70

· Proposed Economies.. We would propose therefore that the following sednomies be put into force in order to effect the necessary saving:

Referees fees be reduced to the scale operating in 1928-29.

That in view of the unfavourable exchange Medals be purchased local- ly.

As suggested by the Council the printing

of the Minutea should be stopped

Donations from the Association's Lown funds should be reduced to a

minimum.

3,494.00 * 4,822.70 These are small Economies which Dit is for the Going to decide whether 15,378.10, they shall be mil into force or not, 1,120.46 but in view of the fact that there should be a probable surplus at 31st May 1931, we do not see that it is absolutely necessary that these minor economies, be effected at the sacrifice of convenience and efficiency.

10,575.48

427.30 10,148.18

Surplus of Revenue over

Expenditure

$6,345.98

During the season 1929/80 there fore the Football Association's cash position in actually down $13,388.50 as compared with the season 1928/29, which can be seen thras Surplus above 1928/20 Less Decrease in

*Revenue

10,079,47

$8,345.88

Increase in Ex-

penditure ... 3,589.08. 13,668.50 Defelt for 1929/30 as above $7,323.12

This big deficit is due we find, not so much to an increase in expenditure although this has been a contributing factor, to a marked falling of in the Revenue coming in to the Asso ciation.

་

In the current year, the Interport games being held in Hongkong should result in increased revenue; a decrease in expenditure can be expected as no passages have to be met, as that at the end of the 1930-81

season the Interport Account should show a sub- stantial balance at its credit. We have estimated the surplus at $2,000 and taken this amount into estimated revenue for 1930-31.

To Approach Chinese. Referring to the Treasurer's sug- gestion that we should approach the Chinese Associations with a view to their assisting us in the same manner as the Hongkong Football Club and the Kowloon Football Club, I com mend this suggestion to the incoming Council for their attention.

We have every reason to be proud of the fact that this Association has donated. no less than $30,000 to charitable institutions since 1925,

The total decrease in revenue in 1929/30 as compared with 1328/29 was $10,079.47. This was largely due to the very marked falling off in the I now propose the adoption of the receipts from League games, which annual report and balance sheet and accounted for $8;101.90. This after this proposal has been seconded, phenomenal decrease we understand I will be pleased to answer any ques wae due to the opening of the Stadium tions that may be asked. at North Point by the Chinese Athletic Association. In addition the Shield

Competition receipts were down by $1,779.10.

Greater Expenditure. The expenditure also shows an ine crease from $10,148.18 in 1928/29 to $12,737.21. in 1929/30, a difference of 18,589.03. The Items mainly contel buting to this rise

Referees Fees, an increase of $632,50: Referees Bonus, an increase of 182.00, Honoraria, an increase of 800.00, Donations and Subscriptions, an

412.03. Increase of

SALESMAN SAM

THIS IS MR WEBSTER SPEAKING MRHOWDY-THAT. DOG MEAT, I ORDERED FOR OUR, CAT HASN'T-

COME NET!

Alterations of Rules.

the present rules was handed to those. A list of suggested alterations to present, after which Mr. Hollands explained, item by item, the reason why it was desirable that some of the present rales be altered.

Mr. J. Smith; at the conculsion of Mr. Hollands explanations drew at tention to the

alteration suggested to Rule 7 of Page 43, which stated that "should a player who has been re-instated to a funior division' again play in a senior division he will be considered a senior player for the

TOURE: MISTAKEN, SIR! DELIVERED IT SOME "TIME" AGO!.

Mother's treasure

When Bobby's natural food falled some other food had to be found. The first thing Mother thought of was fresh milk-if only Baby could "have digested it. But Baby couldn't. Many babies can just there that "Lactogen" comes in. It's Milk-but it's milk Baby can digest full cream cow's milk with only the from it. But that clean careful process in the condensery has the curd light and flaky so that baby can take it.

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rest of the season."

Mr. Smith pointed out that it was extremely difficult for the Hongkong Football Club and the Kowloon Foot ball Club, which had only a limited number of players, to Beld two teamu every week. He added that for one reason or other, shuffling of teams

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was bound to occur, and it a junior player played in the senior division on more than one occasion, he would be barred from the Junior division for That, said Mr. Smith, the season:

was not quite fair?:

Mr. Smith went on to say that in his experience as Secretary last year,

player had to return to the fumurs division time after time or it meaALI the cancellation of certain This difficpl-a be added the Chinese or Service teame [any number of players"> It was not the case wit

(Continued on:

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