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