| 1999 | 1998 | ||
| £.p | £.p | ||
| Fund brought forward at 1st January 1999 | 879.30 | 857.76 | |
| Excess income/(expenditure) | 78.25 | (1,678.46) | |
| Net transfer from reserves | 1,700.00 | ||
| £957.55 | £879.30 | ||
| Represented by:- | |||
| ASSETS | |||
| Guild simulator | 211.00 | 1.00 | |
| Stock of badges | 271.54 | 311.82 | |
| Peal fees due | 57.00 | 67.00 | |
| Sundry debtors | 7.30 | ||
| Prepaid insurance | 57.65 | 56.71 | |
| Bank balance | 1,153.79 | 644.19 | |
| 1,758.28 | 1,080.72 | ||
| LIABILITIES | |||
| Subs paid in advance | 412.65 | ||
| Due to BRF | 116.50 | ||
| Sundry creditors | 271.58 | 800.73 | 201.42 |
| £957.55 | £879.30 | ||