HAWICK Common-Riding Committee has made a profit of more than £6,500.
This year’s event may have been subject to showers, but the balance sheet – revealed at last week’s meeting of the ceremonial/general committee – showed they did very little to dampen the enthusiasm of townsfolk.
At the annual general meeting last night it was revealed that it cost £85,642 to stage this year’s Common-Riding, which, despite the credit crunch, was offset by income of £92,171.
Chairman Stuart Marshall told the Hawick News: “There can be no doubt that this year’s Common-Riding has once again been hugely successful. Our successes are down to sheer hard work from my committee and volunteers, generous sponsors and prudent housekeeping.”
While takings at the Moor were slightly down on the Friday (£-485) and more significantly on the Saturday (£-1,531), the bookmakers and krames were up by almost £3,000.
The annual accounts also show that there were fewer people at this year’s dinner and ball and the income from St Leonard’s Hut was lower than last year. It was also more expensive to set up the Moor as a result of the new krames. But the Colour-Bussing, Cornet’s Timetable and Cornet’s Smoker all proved as popular as ever, while donations were also up on 2010.
Mr Marshall said: “Although attendance was down on 2010, this was most likely due to current financial conditions.
“The new franchise and krames arrangements definitely helped offset the drop in income at the Moor, where wet weather also played a contributing factor.”
This was the first time in almost 15 years that ticket prices were increased, predominantly with £1 added onto the charge for specific events.
The impressive figures mean the committee’s reserve fund stands at £187,151, which is in stark contrast to ten years ago when there was just £3,327 in the coffers. The total profit from this year’s Common-Riding was over £24,000, although it was agreed to set aside £17,902 for the new statue as part of the 2014 celebrations.
Mr Marshall added: “I’m delighted that the healthy profit achieved has meant that we have been able to make another contribution to our quincentenary fund. I must say a huge thank you to the townsfolk, whose support for our Cornet and our Common-Riding gets bigger each year.”