| EASTERN REGION SKI ASSOCIATION |
| BALANCE SHEET AS AT 31 MARCH 2002 |
| As at 31 March 2001 | |
| £ | £ | | £ | £ | |
| Fixed assets | |
| Timing gear, less depreciation | | 4,962.00 | | - | |
| Radios, less depreciation | | 484.00 | | 727.00 | |
| | 5,446.00 | | 727.00 | |
| Current assets | | |
| Debtors | - | | - | | |
| Cash at bank | | | | | |
| coaching a/c | 305.23 | | 593.57 | | |
| racing a/c | 1,896.40 | | 5,087.62 | | |
| business premium a/c | 811.91 | | 3,800.78 | | |
| 3,013.54 | | 9,481.97 | | |
| Less current liabilities | | |
| Creditors | 420.00 | | - | | |
| Net current assets | | 2,593.54 | | 9,481.97 | |
| | 8,039.54 | | 10,208.97 | |
| Capital account | | |
| Surplus at start of year | | 10,208.97 | | 8,103.37 | |
| Plus surplus for period | | - 2,169.43 | | 2,105.60 | |
| Surplus at end of period | | 8,039.54 | | 10,208.97 | |
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