| EASTERN REGION SKI ASSOCIATION | ||||||||
| BALANCE SHEET AS AT 31 MARCH 2001 | ||||||||
| As at 31 March 2000 | ||||||||
| £ | £ | £ | £ | |||||
| Fixed assets | ||||||||
| Cost of minibus | 17,500.00 | . | 17,500.00 | |||||
| Less: Sports Aid Foundation Grant | 17,500.00 | 17,500.00 | ||||||
| - | - | |||||||
| Timing gear, less depreciation | - | |||||||
| Radios, less depreciation | 727.00 | - | ||||||
| 727.00 | - | |||||||
| Current assets | ||||||||
| Debtors | - | 250.00 | ||||||
| Cash at bank | ||||||||
| coaching a/c | 593.57 | 592.06 | ||||||
| racing a/c | 5,087.62 | 3,546.95 | ||||||
| business premium a/c | 3,800.78 | 3,714.36 | ||||||
| 9,481.97 | 8,103.37 | |||||||
| Less current liabilities | ||||||||
| Creditors | - | - | ||||||
| Net current assets | 9,481.97 | 8,103.37 | ||||||
| 10,208.97 | 8,103.37 | |||||||
| Capital account | ||||||||
| Surplus at start of year | 8,103.37 | 6,450.63 | ||||||
| Plus surplus for period | 2,105.60 | 1,652.74 | ||||||
| Surplus at end of period | 10,208.97 | 8,103.37 | ||||||