The Norton Boys’ Tennis Club is a small, local club. The club is run for young people aged between 11 and 18. Although the club has been successful in the regional junior leagues, it is facing financial problems. The rent charged on the clubhouse and on the ground is set to rise by 20 per cent next year and it is felt that increasing subscription charges would only lead to a decline in the number of people playing.

The financial details for the 2015/16 season are as follows:

1 August 2015

£

31 July 2016

£

Subscriptions owing

400

650

Subscriptions paid in advance

125

240

Cash at bank

700

(1,200)

Rent of clubhouse/courts accrued

360

540

Equipment

5,000

5,200

Snack bar inventory

130

80

Creditors for snack bar purchases

60

45