| 1998 | 1997 | |
| £.p | £.p | |
| Fund brought forward at 1st January 1998 | 857.76 | 1,118.40 |
| Excess (expenditure)/income | (1,678.46) | (60.64) |
| Net transfer from/(to) reserves | 1,700.00 | (200.00) |
| £879.30 | £857.76 | |
| Represented by:- | ||
| ASSETS | ||
| Guild simulator | 1.00 | 219.00 |
| Stock of badges | 311.82 | 370.12 |
| Peal fees due | 67.00 | 23.00 |
| Sundry debtors | 66.50 | |
| CC Redundant bell fund loan | 100.00 | |
| Prepaid insurance | 56.71 | 48.95 |
| Bank balance | 644.19 | 301.52 |
| 1,080.72 | 1,129.09 | |
| LIABILITIES | ||
| Sundry creditors | 201.42 | 271.33 |
| £879.30 | £857.76 | |