<strong>National</strong> <strong>Rifle</strong> <strong>Association</strong> incorporating <strong>National</strong> Shooting Centre LimitedSummarised Consolidated Results - September 2002Year toYear to30 Sept 2002 30 Sept 2001Income £ £Shooting 479,240 333,344Estate 539,007 517,342Membership 437,334 329,797Imperial Meeting 406,410 373,929Clay 278,195 60,206Other 6,498 5,031Total income 2,146,684 1,619,649ExpenditureStaff Costs Shooting 314,562 349,664Estate 245,299 219,978Membership 38,161 68,429Imperial Meeting 71,902 77,421Clay 140,044 63,283Central 276,241 288,947Total Staff Cost 1,086,209 1,067,722Other Costs Shooting 45,701 77,289Estate 178,471 231,096Membership 12,795 21,836Imperial Meeting 99,134 99,233Clay 125,376 32,960Central 234,060 205,571Bank Interest 100,112 122,197Depreciation 142,603 141,624Total Expenditure 2,024,461 1,999,528Net Operating Surplus (Deficit) 122,223 (379,879)Year End AdjustmentsLoss on sale of plots of land - (8,745)Donation - sale of Cottesloe Lodge - 234,808Deferred Income, premium on leases 1,246 -Surplus on Revaluation of Property - 2,814,528Valuation fees - (10,000)Recovery of legal fees - 58,750Lottery professional fees - (77,323)Accommodation block design and research - (92,000)Charity Appeal Fund - (5,109)Corporation tax - NSC (8,887) -Net movement in Trust Funds 8,450 (7,665)123,032 2,527,365less unrealised losses on investments (25,631) (38,109)Net Increase in Funds per Audited Accounts £97,401 £2,489,256Capital<strong>NRA</strong>48Spent in year 26,828 315,400Received - Accommodation site (92,000) -NSC Lottery ProjectSpent in year 84,167 1,069,659Lottery grant received (179,978) (656,886)Total Net Capital (Receipts) Expenditure £(160,983) £728,173Net Current Assets (Liabilities) £119,456 £(1,577,118)Medium Term Loan Finance £(1,261,818) £(19,891)
HM Queen Victoria was dead and her eldest son, HMKing Edward VII, was beginning the third year of hisreign. The third Boer War had ended in 1902 and theBritish public were demanding explanations for theshortcomings of our army exposed by the Boers’irregular fighting force, especially in marksmanship.The Edwardian era was one of fierce pride andpatriotism which stirred the nation out of itscomplacent attitude of comfortable imperialism in theworld. This enthusiasm was reflected in thepopularity of rifle shooting.In 1900, the decision to encourage the activity, by theformation of civilian rifle clubs, had produced nofewer than 343 affiliated clubs by the beginning of 1903and a further 93 joined in that year; the totalmembership now reaching 30,000. At Bisley,Stickledown had doubled its capacity, in time for theImperial Meeting, by increasing the targets from 25 to50.100 YEARS AGOby Ted MolyneuxThe previous year, Great Britain and Ireland had wonthe Palma Match at Rockliffe, near Ottawa, Canada,so, in accordance with the original rules of the match,the <strong>NRA</strong> hosted the 1903 match at Bisley. This tookplace on Saturday 11 July and was won by America,15 points clear of Great Britain in second place.Canada, Australia, Natal, Norway and France alsocompeted and finished in that order. At the time, theAmerican service rifles’ back sight was considered anadvantage, as it was laterally adjustable, a feature soonto be adopted by most nations. It is worthy of notethat the .303" ammunition used by the GB team, wasproduced by the King’s Norton Metal Company witha 220 grains bullet and a slightly larger than standardcordite charge, 215 grains bullet being the regulationservice weight.It was in this year that Captain (later Colonel) Barlowpresented the splendid wrought iron gates whichgraced the entrance to Bisley Camp until taken as rawmaterial for the war effort of World War Two. It alsoA Frith’s series postcard showing the wrought iron gates at themain entrance to Bisley Camp as seen from Queen’s Road.Colour Sergeant WT Davies, winner of the Queen’s Prize 1893and the King’s Prize 1903.saw the introduction of the Astor Challenge trophies,for competition between the clubs of each county, andof the Astor County Championship Cup. Someconcern was shown at the reduction of entries for HMthe King’s Prize, from 1705 to 1530, which was wonfor the second time, by Colour Sergeant Davies, 3rdBattalion Glamorgan Volunteers. His previous winwas in 1893, using a Martini-Henry rifle; this time heused a .303" magazine rifle. He was only the thirdperson to have twice won the Sovereign’s Prize, theother two being Pte Cameron (1866 and 1869) and PteWard (1897 and 1900).Tonbridge won the Ashburton for the first time, fromBradfield, with a new record score of 500 ex 560; 42schools competed. England won the <strong>National</strong> fromWales, Scotland and Ireland in that order, also winningthe Mackinnon from Canada, Australia and Scotland.The visiting Australia team won the Kolapore by 11points from the Mother Country, with Canada, Nataland Guernsey following in that order.Meanwhile, elsewhere, the Suffragette Movement wasfounded by Mrs Emmeline Pankhurst, Orville andWilbur Wright made the first successful flight in apetrol engined aeroplane and the Government rejectedthe idea of imposing fines for drink-driving!49