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Income for the Year ending 30 April 2004
2002/03 2003/04
Affiliations:
Associations and Leagues 3,009.39
Clubs: Senior 1,140.00
Junior and School 274.00
4,078 4,423.39
4,439 Membership Subscriptions 3,890.50
3,410 Grading Fees 3,771.12
5,544 Publications 5,290.95
Tournaments: Senior 720.00
Junior 2504.00
3,757 3,224.00
1039 Insurance Scheme 854.10
9,352 Grants 9,820.00
446 100 Club Proceeds 543.50
319 National League (Season 2003) 283.62
65 Equipment Hire -
- Sponsorship 500.00
- Fees 2000.00
778 Donations 350.95
159 Interest 118.87
82 Sale of Consol Stock -
- Life Fund Deficit 406.89
10 General Fund Deficit -
   
33,478 35,477.89
 
Expenditure for the Year ending 30 April 2004
2002/03 2003/04
International:
Tournaments 17,558.17
Less: Contributions 8328.64
9,229.53
Plus: FIDE Fees 946.41
6,056 10,175.94
Tournaments: Senior 472.34
Junior 1305.35
5,307 1,777.69
6,410 Publications 6,073.11
2,144 Insurance Policies 2,936.26
625 Grand Prix 400.00
317 SJCA Trust 300.64
- SJCA 496.00
- Schools Chess 975.08
- National League Fund 1160.45
560 Equipment -
41 Depreciation -
Administration:
5,237 Membership Services 4,707.62
3,894 Information Services 3,242.83
2,181 General Services 1,126.97
500 Correspondence 525.00
10 Reserve Fund Surplus 6.00
196 Life Fund Surplus -
- General Fund Surplus 1,574.30
   
33,478 35,477.89
 
Balance Sheet as at 30 April 2004
Accumulated Fund Note
Balance as at 30 April 2003 1 17,428.90
Plus: Surplus for year 1,173.41
18,602.31
Represented by
Current Assets
Deposit Accounts 17,492.23
Current Accounts 5,547.60
Debtors 1,100.00
24,139.83
Less
Current Liabilities
Creditors (1,069.92)
Held on Deposit 2 (3,767.60)
Bequests (700.00)
(5,537.52)
Net Current Assets 18,602.31
Notes to the Balance Sheet
2003 Surplus/Loss 2004
Balance for the Year Balance
1. Accumulated Fund
Life Membership Account 4,371.34 (406.89) 3,964.45
Reserve Account 1,726.54 6.00 1,732.54
General Account 11,331.02   1,574.30       12,905.32
17,428.90   1,173.41       18,602.31
2. Amounts held on Deposit
West of Scotland 928.05
East of Scotland 32.10
McDonald Award Fund 880.00
National League Fund 1,160.45
Allotted Funds 767.00
3,767.60
L. R. McKenzie
Finance Director
Chess Scotland
SCOTTISH CONGRESS 2003 - EDINBURGH
2,002 2003
INCOME
4,075 Entry Fees including Donations 6,086.50
3262 Sponsorship 500.00
- Grant 3,012.84
28 Interest 81.15
7,365 9,680.49
EXPENDITURE
3,125 Congress Prizes 3,639.00
Services:
Organisational costs: Halls etc 1,625.11
Other 1,854.64
3,479.75
Printing costs 1,134.55
Grading Fees 665.60
Administration 311.98
Miscellaneous 368.46
4,062 5,960.34
178 Surplus 81.15
7,365 9,680.49
Balance Sheet as at 31 December 2003
Accumulated Fund:
Balance b/f 1,723.48
Balance of Grant Funding 4,240.93
Less: Transfer to British Championships 4,240.93
-
Plus: Congress Surplus 81.15
1,804.63
Represented by
Current Assets
Deposit Account 2,857.70
Current Account 46.93
2,904.63
Less
Current Liabilities
Creditors 1,100.00
1,804.63
L. R. McKenzie
Finance Director