{From WADF Post #2 page 15}
18) The gross income of W.A.D.F. up to our accounting date of the 31st of May 2009 was £260,886.34. This sum was raised almost entirely by the sale of our A-T Lucky Letters lottery tickets and the investment account bank interest that was earned from that.
Let's call it £250 000 taken in from tickets, the remaining £10 886 we'll assume pessimistically was interest.
250 000 divided by 9 years = 27778 tickets per year. Divide by 52 weeks, that gives 534 tickets sold per week, averaged across the whole 9 years. We know sales dropped off in the last few years so let's call it 600 tickets per week sold in the good years. 20 sellers shifting 30 tickets each per week would make that.
We had heard stories about what a tremendous effort was made, and how the money was just pouring in. But now we look, it seems like a pretty average effort. I've heard of other footie fundraisers in the area maintaining £500 per week without all the hoo-hah.
19) W.A.D.F. has probably sold more A-T Lucky Letters lottery tickets beyond our locality than within it. Many of our regular ticket purchasers worked offshore and knew little or nothing about Wick but were still happy to buy tickets and have a flutter whilst also supporting our aims.
Yes, we've heard about the great offshore network, and how many people contributed willingly and regularly. As for ticket sales being more popular with people who knew little or nothing of Wick: That may well be true, but why were locals unwilling to buy?
23) The net income of W.A.D.F. i.e. the amount of cash in our bank accounts was £132,459.96 as of the 31st of May 2009. This sum easily exceeds that which was originally required as pre-funding capital for the originally planned project.
So why has nothing at all happened?
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