THE success of this year’s Whitby Regatta has left the event in the best financial position for several years, say event organisers.
Street collections this year, which took place between the Saturday and the Monday raised £2,895.23 – almost double the amount collected last year.
And although the cost of staging the event is set to have cost in the region of £46,000, similar to 2011, it is hoped the event won’t have run at a loss as it has for the last couple of years.
The exact amounts are still being tallied up and will be announced later this year but vice-president of the Regatta Committee Ivor Greer told the Gazette donations, sponsors and local businesses had played a massive part in making sure the event continues to go-ahead and that the Red Arrows return.
He said: “There have been no expenses drawn from this and it is nearly double what we collected last year. We think this is down to the fact that we had a few more collectors and the good feeling that everybody had over the weekend.
“The response that we had through the Gazette to get the Red Arrows was very good and a lot of local businesses have come forward and supported us. Now that people know the cost of everything they are more conscious and try to help.
“We have not been in profit for the last four to five years due to the economic situation.
“Compared to the last few years, we will be in a better financial position which will be explained when we get the accounts.”
An annual general meeting is expected to be held later in the year detailing the incomings and outgoings of the event and Mr Greer said questions raised at public meetings and on local websites over the formation of Whitby Regatta Limited had been answered.
He added: “Any questions that have been asked, have been answered through the proper channels but we do not answer questions from indiscriminate websites.”
The company limited by guarantee was formed in July last year to protect committee members from being liable for debts the event may accrue.
A competition is also being held for the best amateur photograph taken over the Regatta weekend. The best ones will be published in the Gazette and readers will vote for their favourite one which will be used in next year’s programme.
Archive Regatta footage from 1973 to 2002 has been compiled onto a DVD. The Gazette has four copies to give away. Answer the following question:
How much was made in this year’s street collection?
Closing date for entries is Wednesday 12 September. Email your answer to email@example.com; text to 63333 starting your message with WGENTRY (text charge 50p plus your standard charge); or fill in the coupon and send it to Regatta DVD Competition, Whitby Gazette, 17-18 Bridge Street, Whitby, North Yorkshire, YO22 4BG.