Aug 06 Financial Statements

Discussion in 'Club Financials & Minutes' started by jimsar, Sep 27, 2006.

  1. jimsar

    jimsar Guest

    Bay Area Reefers
    Profit & Loss -Year-To-Date
    January through August 2006

    Jan - Aug '06

    Ordinary Income/Expense
    Income
    Coral Fund Contribution 340.00
    Membership Dues 1,664.80
    Raffle 3,295.00
    Soda & Supply Sales 438.19
    Total Income 5,737.99

    Expense
    Bank Service Charges 35.43
    Dues and Subscriptions 50.00
    Equipment Rental (For big swap) 442.50
    Guest Speaker Expense 396.88
    Insurance 1,512.00
    Miscellaneous 61.53
    Office Supplies 20.00
    Postage and Shipping 25.39
    Supplies
    Meeting Supplies 327.41
    Supplies (glue, lime, etc) 559.28
    Total Supplies 886.69

    Tickets for Events 50.00
    Travel & Ent
    Meals (Snacks for ASAP) 101.99
    Total Travel & Ent 101.99

    Web Expense (hosting, etc) 119.40
    Total Expense 3,701.81

    Net Ordinary Income 2,036.18

    Other Income/Expense
    Other Income
    Interest Income (Interest Income) 17.41
    Total Other Income 17.41

    Net Other Income 17.41

    Net Income 2,053.59

    ==========


    Bay Area Reefers
    Profit & Loss
    August 1-31, 2006

    Aug '06

    Ordinary Income/Expense
    Income
    Membership Dues 86.19
    Raffle (Raffle Income) 400.00
    Soda & Supply Sales 122.00
    Total Income 608.19

    Expense
    Supplies
    Meeting Supplies 62.02
    Total Supplies 62.02

    Tickets for Events -25.00
    Travel & Ent (Travel and Entertainment)
    Meals (Snacks for ASAP) 39.00
    Total Travel & Ent 39.00

    Total Expense 76.02

    Net Ordinary Income 532.17

    Other Income/Expense
    Other Income
    Interest Income 3.00
    Total Other Income 3.00

    Net Other Income 3.00

    Net Income 535.17

    ==============
    Bay Area Reefers
    Balance Sheet
    As of August 31, 2006

    Aug 31, '06

    ASSETS
    Current Assets
    Checking/Savings
    PayPal Account 898.16
    Petty Cash Account (Cash in Lockbox) 55.33
    US Bank Checking 4,620.08
    Total Checking/Savings 5,573.57

    Total Current Assets 5,573.57

    Other Assets
    Equipment (Club Owned Equipment) 911.71
    Total Other Assets 911.71

    TOTAL ASSETS 6,485.28

    LIABILITIES & EQUITY
    Equity
    Opening Bal Equity 2,271.88
    Retained Earnings (Retained Earnings) 2,159.81
    Net Income 2,053.59
    Total Equity 6,485.28

    TOTAL LIABILITIES & EQUITY 6,485.28
     

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