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Dale fan wall plaques 19:17 - Dec 19 with 2554 views

Further to my recent post, I had an answer to my query regarding the above.

70% of the revenues (after tax) from the fan wall, go to the football club.

Dale fan wall plaques on 21:36 - Dec 19 with 2351 views

James1980

So what does that mean in cold hard cash? In fact instead of a question for an accounting exam why not just give you the figures each small plaque will contribute a additional £X to the club after costs and a large one £Y

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Dale fan wall plaques on 22:28 - Dec 19 with 2240 views

WirralDale

Dale fan wall plaques on 21:36 - Dec 19 by James1980
So what does that mean in cold hard cash? In fact instead of a question for an accounting exam why not just give you the figures each small plaque will contribute a additional £X to the club after costs and a large one £Y

I calculate it as follows:

Small plaque = £80 (less 20% VAT) = £64
70% of £64 = £44.80 (profit for RAFC)

Large plaque = £150 (less 20% VAT) = £120
70% of £120 = £84.00 (profit for RAFC)

I think!

Dale fan wall plaques on 22:39 - Dec 19 with 2219 views

WirralDale

Dale fan wall plaques on 22:28 - Dec 19 by WirralDale
I calculate it as follows: Small plaque = £80 (less 20% VAT) = £64 70% of £64 = £44.80 (profit for RAFC) Large plaque = £150 (less 20% VAT) = £120 70% of £120 = £84.00 (profit for RAFC) I think!

Although having checked Fund It Now website, there are probably other costs - I note a 'one off fee' at completion of project which I can't determine.

There is more information on the site about funds raised at other clubs, for comparison.

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