Organisation/IWA AGM/Minutes 2007
Minutes of the International Windsurfing Association Annual General Meeting
held on Wednesday, 5th September 2007, 29.00 hrs.
Paul Leone - Chairman
Ceri Williams - Executive Secretary
John Ellis - Treasurer
Bruno de Wannemaeker
1. Welcome and registration of votes.
It was established that the meeting was quorate - members holding 10% of the voting rights constitute a quorum.
2. Minutes of last meeting, and any matters arising. None arising.
3. Presentation of annual report (included in accounts)
John Ellis presented the Annual Report which summarised the activities of the Association.
4. Presentation of Accounts for 2006
John Ellis explained that the accounts were presented in the standard format expected of companies
5. 2007 budget and financial report of year to date
John Ellis also presented a paper outlining performance against budget and a projected forecast for
year end 31st December 2007. The Executive Committee were determined to end the year on a small
surplus; wherever possible budgeted expenditure had been halted until income from events could be
It was agreed that finalising the 2008 championship calendar, and preparing a budget, was a priority.
6. Review of annual membership subscriptions.
No changes were proposed for 2008. However, more emphasis should be placed upon collecting
national class fees as this was a vital, although small, source of revenue to the member classes.
7. Report of the Executive Secretary.
Ceri Williams emphasised the importance of maintaining the IWA Office in order to achieve the
aims and objectives of the IWA and its member classes.
8. Any Other Business
It was agreed that promotion of events (class championships) was a priority. The IWA should also be
pursuing policies to attract additional revenue streams and to attract an official sponsor for IWA.
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