BWSW Finances

Understanding Our Finances
How does BWSW finance itself? What do we get for our membership subscriptions? How are our membership fees used? These are questions often asked and of course they are good questions to ask …

The answer lies in understanding where our money comes from and how it is used to support the many activities involved in running our sport. As is the case in most voluntary / not for profit organisations we have more demands for funding than we are able to support. The aim is to strike a balance that enables us to support all the elements of our current strategy. We operate in four year funding rounds from which an Operational Plan is produced which sets out the priorities for the current year. Our budgets are structured to ensure that we support these priorities through the three core activity areas; Business, Development and Excellence.

In a typical financial year our income and expenditure can be simply summarised as follows (however a full financial statement is also available below):

finance pie charts

Related documents

  1. BWSW Financial Statement 2022-2023

    18 Dec 2023 / 997kb

    BWSW Financial Statement 2022-2023

  2. BWSW Financial Statement 2021-2022

    14 Nov 2022 / 1225kb

    BWSW Financial Statement 2021-2022

  3. BWSW Financial Statement 2020-2021

    10 Dec 2021 / 3488kb

    BWSW Financial Statement 2020-2021

  4. BWSW Financial Statement 2019-2020

    12 Nov 2020 / 1211kb

    BWSW Financial Statement 2019-2020