​​Basingstoke Town Bowling Club

Basingstoke Town Bowling Club requires a level of free reserves to safeguard the club, protect options for future development and to achieve the following:

• The option to develop (improve/repair/maintain/replace) our premises and equipment in line with the changing needs of the membership and the organisations to which our club is affiliated.
  

•  To ensure that delays in the receipt of or achieving expected income do not interrupt day to day operations or cause serious financial difficulty to the club.

• The ability to survive unexpected and one-off problems that may arise from internal or external causes.

The Trustees and the Committee of Basingstoke Town Bowling Club have agreed that to safeguard the operational and financial stability of the club the level of free reserves should be set at £7,500.00

 Approved at Committee on 17th February 2022

Reserves Policy