The British Drilling Association (BDA) is the UK's trade association for the ground drilling industry.

Finance

BDA Finance & Strategy Sub-Committee

The BDA Finance Committee consists of Philip Ball (Chair), Keith Banton (Sec), Martyn Brocklesby, Anne Baxter, Jim Raeburn (Dir), John Grainger (Dir), Andrew Stevenson, David Dennis

 The following topics were discussed and debated:

  • Accounts / cash flow
  • Draft budget for 2018
  • Strategic plan revision
  • BDA presentation to consultants/specifiers

2018 Meeting Dates:

  • 31st January 
  • 2nd May
  • 1st August
  • 7th November

 

If you (as a BDA member) have any ideas, suggestions or comments that you would like to be discussed at this committee please contact the BDA office 

The committee is responsible for ensuring the BDA's financial and strategic wellbeing in the present and into the future. It monitors current performance, recommends a budget to BDA Management Committee (including membership fees) for approval, examines yearly accounts, and identifies areas of financial weakness.

It has developed a Strategic Plan that sets out the aims and objectives for the BDA from December 2017 for the forthcoming 2 to 5 years.

BDA Strategic Plan - Under review

BDA Limited is a company limited by guarantee. It operates as a non profit organisation and there are no shareholders to whom a dividend could be due. Any surplus made is retained and go into Members' Funds (Reserves). BDA's policy is to maintain a level of reserves sufficient to protect the Association through any period of loss or losses. By prudent build up of reserves over the past few years, the BDA remains financially secure and able to fully maintain all its activities. However the finance committee continues to look at performance and carries out planning to break even.

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