| 2002 | 2001 | |||
| £.p | £.p | |||
| Fund brought forward at 1st January 2002 | 868.91 | 276.42 | ||
| Excess income | 260.99 | 392.49 | ||
| Net transfer from/(to) reserves | (600.00) | 200.00 | ||
| £529.90 | £868.91 | |||
| Represented by:- | ||||
| ASSETS | ||||
| Guild simulator | 1.00 | 1.00 | ||
| Stock of badges | 164.48 | 184.62 | ||
| Peal fees due | 53.00 | 43.50 | ||
| Sundry debtors | 17.50 | 100.00 | ||
| Prepaid insurance | 23.29 | 22.23 | ||
| Bank balance | 855.14 | 1,702.75 | ||
| 1,114.41 | 2,054.10 | |||
| LIABILITIES | ||||
| Subs paid in advance | 417.55 | 910.70 | ||
| Sundry creditors | 166.96 | 584.51 | 274.49 | 1,185.19 |
| £529.90 | £868.91 | |||