| 6.1 |
Sales revenue is usually generated by the following
means:- 1. Membership subscriptions
2. General donations
3. Specific funds or appeals for donations
4. Donations by standing orders
5. SVR maintenance allowance
6. Driver Experience courses
7. Sales |
| |
| 6.2 |
Membership subscriptions total approx. £3.7k each year and covers the basic cost of running the Association including the cost of producing the “Western Courier” magazine which appears twice a year. The revenue is directly obtained from membership fees, which are reviewed each year by the Committee and voted for at the AGM. |
| |
| 6.3 |
General donations are received from both WLA members
and members of the general public and vary from year
to year. |
| |
| 6.4 |
Specific funds or appeals have been set up for funding
particular projects such as the purchase of a new engine
from Denmark and the repainting of D1062. |
| |
| 6.5 |
Donations by Standing Orders are made by various members
and provide a steady monthly income. Members who donate £10.00
or more per month are within the "1000 Club" where
a Driver Experience Course is drawn each year. |
| |
| 6.6 |
The SVR maintenance allowance covers both locomotives,
so long as the WLA has one locomotive available for traffic
during the year. |
| |
| 6.7 |
Revenue from Driver Experience Courses has provided
useful income over recent year. There are usually 4 or
5 courses run during the year but there could easily
be scope to increase this to 5 or 6 as the courses have
proved popular and are fully booked at an early stage. |
| |
| 6.8 |
Revenue from product sales are virtually non-existent
owing to the lack of a Sales Officer and suitable product
range. However, sales have been indirectly achieved through
Western Ranger Ltd through the sale of limited edition
John Austin railway prints. In the past this has helped
to finance items such as: repaints on D1013; the re-installation
of AWS equipment; the fabrication of new name and number
plates and purchase of engine parts. For the time being,
product sales will continue through Western Ranger Ltd
which will continue to help support the WLA as funds
allow. |
