Meath GAA show €542,461 surplus in 2021 accounts

December 14, 2021

Pairc Tailteann Navan

Despite the continued presence of the pandemic and the problems associated with it for the Association and the general public, Meath GAA statement of accounts show a healthy profit in income over expenditure.

The accounts show a surplus of €542,461 for the period November 1st 2020 to September 30th 2021 (11 months). This compares to a surplus of €404,383 for 2020 over a 12 month period and a deficit of €1,475 in 2019.

Treasurer Jim Mullery told delegates at last night's convention that the county was in a strong cash position with a low level of debt.

Mullery highlighted two main reasons for the sound financial footing, an increase in gate receipts and a contribution from Central Council.

Total income was €1,674,051 up considerably from the €1,446,402 of the previous year. Expenditure also rose but not by nearly as much, €1,131,590 compared to €1,042,019 in 2020. It means that the county coffers can plan ahead with plenty of optimism.

Gate receipts which doesn't include this year's football or hurling championship finals came to €306,602 compared to €229,907 in 2020.

With Meath senior footballers operating back in Division Two National League share dropped considerably to €37,500 from €77,854 the previous year when the county played in Division One.

Commercial income dropped slightly to €393,985 from €415,962 the previous year. Commercial income includes sponsorship of county teams which was €262,000, the same as 2020. Contributions to county team expenses was €61,235 an increase on the 2020 figure of €53,092. Income from advertising signs dropped sharply to €4,833 compared to €14,427 the previous year. Programme sales realised just €155 compared to €7963 in 2020 when county final programmes were included. Rent was also down, €24,750 compared to €37,980 in 2020.

Match day streaming proved a new and welcome income of €12,312 while the cost of the service was €5,975.

Despite the pandemic halting two of the major fundraisers, the annual Golf Classic and the Race Day at Fairyhouse, fundraising was up slightly to €56,951, from €54,845 the previous year. The Euro millions Syndicate draw offset the cancellation of the other fundraisers, bringing in €39,247. The Supporters Club raised €7,115 compared to €2,400 in 2020 while other fundraising events brought in €10,589 an increase of more than €8,000 on the previous year.

Other income, which includes club affiliations, league fees, fines and summer camps, came to €488,209, up from €412,545.

The Summer Camps were up considerably to €122,353, compared to €62,300 when they were hit by the pandemic in 2020. Fines totalled €4,650 down considerably from the €11,700 the previous year.

Income from Associated Bodies, such as Central and Provincial Council, as well as Government funding, realised €390,802, up from €255,280.

On the expenditure side the cost of staging games was up only slightly to €117,332. Team expenses rose to €584,482 compared to €499,457. The biggest rise in costs associated with team expenses was for medical and physiotherapy which came to €158,349 compared to €95,205 the previous year.

Travelling and catering expenses was up only slightly to €263,686 but sportsgear and equipment was up over €30,000 to €75,709. Strength and conditioning expenses were halved to €29,674.

Administration expenses also rose sharply to €217,650, an increase of €68,000. This was mainly due to contributions of €73,420 to Pairc Tailteann C.L.G.

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