| 2008 | 2007 | |||
| £.p | £.p | |||
| Fund brought forward at 1st January 2008 | 1,019.08 | 212.41 | ||
| Excess (expenditure)/income | 1,367.29 | 156.67 | ||
| Net transfer (to)/from reserves | (2,350.00) | 650.00 | ||
| £36.37 | £1,019.08 | |||
| Represented by:- | ||||
| ASSETS | ||||
| Guild simulator | 1.00 | 1.00 | ||
| BSC lifting gear | 1.00 | 1.00 | ||
| Stock of badges | 76.69 | 92.74 | ||
| Peal fees due | 90.75 | 61.50 | ||
| Sale of certificates and badges | 44.00 | |||
| Prepaid insurance | 32.73 | 34.46 | ||
| Net balance on CI Book account Note | 176.49 | 831.28 | ||
| Bank balance | 442.10 | 850.18 | ||
| 864.76 | 1,872.16 | |||
| LIABILITIES | ||||
| Subs paid in advance | 813.75 | 745.50 | ||
| Social Committee Funds Note | 79.81 | |||
| Sundry creditors | 14.64 | 828.39 | 27.77 | 853.08 |
| £36.37 | £1,019.08 | |||
| Note: Social Committee Funds | ||||
| The balance on the Social Committee Funds is made up as follows: | ||||
| Balance brought forward 1st January 2008 | 79.81 | 276.72 | ||
| Surplus on dinner gross of deposit paid | 338.82 | 53.09 | ||
| Transfer to bank account in name of Social Committee | (418.63) | |||
| Less: Deposit for 2007 dinner | (250.00) | |||
| Balance 31st December 2008 | 0.00 | 79.81 | ||
| Note: Net balance on Channel Island book account | ||||
| Cost of books brought forward | 831.28 | |||
| Cost of books | 2,520.00 | |||
| Books sold to 31st December 2008 | (654.79) | (1,688.72) | ||
| 176.49 | 831.28 | |||
Michael Bubb