RHA optimistic as income hits £5.2m
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By Justin Stanton
THE ROAD Haulage Association (RHA) and Freight Transport Association (FTA), see below, have revealed a robust financial performance despite membership pressures.
The RHA posted a pre-tax surplus of £352,476, up from £233,871 in 2010. Despite a fall in membership from 7,149 at the end of 2010 to 7,056 at the end of last year, the number of vehicles run by RHA members increased. Chairman Richard Fry adds: “The rate of deletions [members exiting the association] has also decreased.” Member subscriptions increased from £2.7m in 2010 to £2.9m in 2011; sales to members increased from £846,234 to £1m, driven by the Haulier’s Shop and the RHA’s compliance services; and other membership services rose from £2.2m to £2.4m. Total membership income was £5.2m, up from £4.7m.
The RHA’s one-third ownership of the CV Show generated income of £108,474. The association’s reserves decreased from £1.3m to £613,978 to cover the actuarial loss on the pension scheme.
As well as highlighting the RHA’s work with government and its support of the FairFuelUK campaign, chief executive Geoff Dunning (left) says: “One area where we have seen success is in our objections to four O-licence applications, including that of one of Ireland’s largest hauliers.
“The RHA stands out in having a policy of exercising our statutory right to object in the public interest, and this is something we will continue to pursue.”