EASTERN REGION SKI ASSOCIATION 2006
INCOME & EXPENDITURE ACCOUNT
FOR THE TWELVE MONTHS ENDED 31 MARCH 2006
			This period actual			Budget for this period
		Summer league
		Income	2,952.00			1,980.00
		Less expenditure	711.33			1,000.00
		Result for the period		2,240.67			980.00
		ERSA Championships
		Income	1,278.00			900.00
		Less expenditure	1,156.37			1,000.00
		Result for the period		121.63			(100.00)
		Timing gear
		Income	0.00			150.00
		Less expenditure	362.19			150.00
		Result for the period		(362.19)			0.00
		Sale of sweatshirts
		Sales	0.00			0.00
		Less cost of sales	932.07			800.00
		Result for the period		(932.07)			(800.00)
		Special dual/tri slalom
		Income	0.00			270.00
		Less expenditure	534.53			100.00
		Result for the period		(534.53)			170.00
		Sales of fixed assets
		Sales proceeds	200.00			0.00
		Less cost of sales	0.00			0.00
		Result for the period		200.00			0.00
		Insurance		(666.22)			(700.00)
		Depreciation
		Timing gear		(555.00)			(550.00)
		Radios		(338.00)			(340.00)
		Computer		(200.31)			(200.00)
		ESC affiliation fees received		1,281.51			900.00
		Bank interest received		8.22			0.00
		Coaching courses
		Income	0.00			0.00
		Less expenditure	0.00			600.00
		Result for the period		0.00			(600.00)
		Hintertux sumer camp
		Income	11,010.74			9,000.00
		Less expenditure	11,010.74			9,500.00
		Result for the period		0.00			(500.00)
		Squad training expenses		0.00			(400.00)
		Snow race subsidy		0.00			0.00
		General admin expenses		(345.57)			(350.00)
		Overall result for the period		(81.86)			(2,490.00)