Following the September 2015 WMC decision to drop their support of the Speed Championship and Speed events, the terms of our “divorce” were agreed at the WMC Committee meeting of 25/11/2015.
We are pleased to say that after a delay of some six weeks, we have finally received XBC funds that were held by WMC in the sum of £290.87 which allows us to balance our books.
The final position for the 2015 season is that, primarily due to a successful October Kames event, XBC operations for 2015 showed a £263.33 surplus. This surplus has been retained by WMC, and leaves the XBC on a zero balance with which to start afresh in 2016.
