SWFA > Rules > Funds


6. Funds
6.1 The Funds of the Association shall be lodged in a bank approved by the Council. All accounts,
except when authorised by the Finance Sub-Committee, above £50, shall be paid by cheque only,
signed by the Treasurer and countersigned by the General Secretary or Assistant Secretary.
6.2 The accounts for each year shall be audited by a Chartered Accountant and a sum agreed by
the Council shall be paid as remuneration.
6.3 A summary of the Association’s accounts shall be made available to all affiliated Clubs and
Leagues following regulatory submission of the Company’s accounts to Companies House.
6.4 All monies received at matches shall be counted at the conclusion of the game by Treasurer
and Secretary and two members of the Council. In the absence of the Treasurer or Secretary, by
three members of the Council.
6.5 A report of receipts and expenses of each match shall be produced at the first meeting of the
Council thereafter.
6.6 The Treasurer shall pay all monies he receives into the bank within five days.


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