EASTERN REGION SKI ASSOCIATION
BALANCE SHEET AS AT 31 MARCH 2005
							As at 31 March 2004
					£		£	£
Fixed assets	Cost to date		Depreciaton to date		Net book value
Timing gear	8,834.54		7,753.54		1,081.00			3,290.00
Radios	2,320.63		1,306.63		1,014.00			-
	11,155.17		9,060.17		2,095.00			3,290.00
Current assets
Debtors			-				-
Cash at bank
coaching a/c			305.46				305.46
racing a/c			4,051.96				2,640.87
business premium a/c			824.15				816.71
			5,181.57				3,763.04
Less current liabilities
Creditors			-				-
Net current assets					5,181.57			3,763.04
					7,276.57			7,053.04
Capital account
Surplus at start of year					7,053.04			7,730.16
Plus surplus/less (deficit) for period					223.53			(677.12)
Surplus at end of period					7,276.57			7,053.04