2020 Annual Impact Statement
As part of our commitment to our partners and LCCP obligations, the board of NYCDA have been working with our beneficiary club partners and are pleased to report back on activities relating to the NYCDA Weekly Draw, which has overcome an extremely difficult 2020. After a positive start in the early part of the year, like the bulk of us living the UK, NYCDA and partner clubs like the one you support, have experienced a number of challenges, which has specifically impacted on the NYCDA Weekly Draw
Always at the front of our mind was to keep all stakeholders including members, staff and volunteers safe and healthy. Furthermore, we have a commitment to our beneficiaries and with that in mind, the organisation's focus was to ensure the long term viability of the NYCDA Weekly Draw, which in turn protected the funds raised for beneficiaries and all the great work they do.
Despite these issues, as part of our annual reporting, we are pleased to report that a total income from the NYCDA Weekly Draw of £1,166,849 was generated over the 52 weekly draws that took place during the calendar year of 2020, via our members subscriptions to support our beneficiary good causes.
From that total, a fantastic £810,943.32 (69.5%) was generated to be used by our beneficiaries and good causes for a range of sport, health and education based community projects. These projects include a wide variety of sport, health and education based activities, as well as 10s of £1,000s on specifically supporting community and player development projects with your very own favourite football club through your monthly subscriptions
On top of those funds raised, £106,850 (9.2%) was won by members through the prize fund and £249,055.68 (21.3%) was spent in expenses to ensure all of the NYCDA Weekly Draw could take place and related activities could happen. NYCDA continues to ensure its cost base stays steady with funds spent on a variety of activities including staff wages, office rent, travel, direct debit banking portals, promotional resources, social media graphics, insurance, Gambling Commission licences, Covid response related PPE and much more.
It is worth noting that the pre-Covid pandemic prize fund was £3,600 per week, but the board had to make difficult decisions to ensure the organisation's long term success and the commitment to raising funds to beneficiaries. As a result, alongside putting staff on furlough to reduce costs, a temporary reduction in prize fund has been in place. The board look forward to returning to those dizzy heights asap and it is to the future we turn to end with
All concerned with the NYCDA Weekly Draw, like the rest of society, continue to deal with the effects of Covid, but look forward to a brighter 2021 and beyond. As restrictions are lifted we look forward to getting out and about meeting stakeholders and members more regularly, a significant increase in the prize fund and the arrival of new and returning staff to be able to maximise all that we offer to our beneficiaries.
Thanks again to members for the support of us and your favourite local beneficiary. For more information on all the NYCDA Weekly Draw, please do not hesitate to contact us.