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A Couple of Quick Updates

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Auscycling Update

“After consideration of your work since the commencement of AusCycling and your great contribution to BMX events, the internal review for BMX South Queensland concluded that your organisation is better placed to be classified as a Private Event Organiser. ”

 

“Therefore, we cannot proceed with your 2021/22 Club Member application and will provide further information about the de-affiliation process shortly.” 

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Shootout Update

Due to the widespread nature of the COVID virus consideration to change the Shootout Series to remove the points for competing in all rounds.

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Potentially applying the +50pts to the

Final round

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BMX South Queensland Inc.

Presenter: Chris Houghton

2021 AGM Presentation

01Oct20 – 30Sep2021

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2020, 2021 & Beyond

  • COVID 19 is a Challenge not an excuse to Roll Over

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  • Follow the Science not Facebook, Live with the Virus in the Short-term

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  • Continued Congratulations to all our Club Committees for the work to keep the sport moving

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Evolution of Southern Zone

  • AGM on the 25th of November 2020, finalise BMX South Queensland Inc. into a club

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  • December 2020, Agreement between the members of ASM to wind up the organisation and distribution of funds to the member clubs.
  • Zones did not benefit.

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2021, Financial Position

  • Income $161,965 $102,061 FY20
  • Expenses $169,870 $121,871 FY20

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  • Trading figures distorted as the race season in 2020 paused from March to August 2020.
  • Extended race season from through late 2020 into 2021.
  • Event Limits early in 2021
  • Further disruptions mid 2021

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2021, Financial Position

  • In the Bank $47,539 $56,127 FY20

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  • Reserve Fund $32,394 $32,274 FY20

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  • Trading $7,905 $19,810 FY20

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2021, Financial Position

  • Trading Loss $7,905

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2021 New Costs

  • Entry Boss $792
  • SQORZ $2,022 (2/8 Events)
  • Auscycling $6,560 (3x State Series Rounds)
  • COVID19 $8,926

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2022 Expected to return to a modest

profit

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2022 Commitments

  • Support the BMX Community
  • Continue to work with Auscycling
  • Invest in Athletes, Volunteers and Clubs
  • Evolve our Events to add value to our Riders & Clubs
  • Be Innovative

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Questions?