- This topic has 0 replies, 1 voice, and was last updated 2 days, 6 hours ago by
.
-
Posts
-
BMC finances
The Castle club is affiliated to the British Mountaineering Council (BMC). There is an excellent presentation on the British Mountaineering Council financial situation at:
This explains an increase in personal liability insurance costs in 2025. Having this insurance helps the BMC negotiate access with landowners. It means that club members are assured that in the event of an injury caused by another club member they will be able to claim compensation. And that a claim against them will be covered by the BMC. This increase will affect our club subscription for 2025 by a small amount. We will discuss this at the AGM.
The proposed changes in BMC expenditure in 2025 include a very significant reduction in expenditure on GB climbing and talent. The vast majority of total expenditure on this item is covered by government grants. Similarly, the expenditure on community development and safeguarding is largely funded by government grants. It is proposed to increase expenditure on access and conservation slightly in 2025 and this is the second biggest area of expenditure after liability insurance.
The overall BMC financial situation is greatly improved with small surpluses projected for 2024 and 2025, in contrast to the significant loss during 2023.
I think this transparent explanation of the BMC finances reassures members that the BMC is being well managed and is doing what we want. If you want to give individual feedback to the BMC there is a link from the presentation. Please use the ‘chat’ whatsapp group if you’d like to comment on this between club members rather than a reply to this notice – or just chat!
- You must be logged in to reply to this topic.