1998-99 Financial Accounts
Wellington Beekeepers Association Inc.
Balance Sheet 31 May 1999
Assets
Westpac Trust Cheque Account
Opening Balance
Wellington Beekeepers Association Inc.
Balance Sheet 31 May 1999
| Assets | ||
|
Westpac Trust Cheque Account |
||
|
Opening Balance |
1,384.49 | |
|
Profit |
400.39 | |
|
Closing Balance |
1,784.88 | 1,784.88 |
|
B.L. Goal Account |
||
|
Opening Balance |
627.16 | |
|
Profit |
1,094.42 | |
|
Closing Balance |
1,721.58 | 1,721.58 |
|
Goal Account 010 |
||
|
Opening Balance |
3,000.00 | |
|
Interest |
48.12 | |
|
Closing Balance |
3,048.12 | 3,048.12 |
| $6,554.58 | ||
|
Stock |
||
|
Badges, 21 @ $3.50 |
73.50 | |
|
Teaspoons, 15 @ $4.00 |
60.00 | |
|
Miniature Cups, 3 @ $5 |
15.00 | 148.50 |
|
Fixed Assets |
||
|
Books |
nil | |
|
Film Projector |
nil | |
|
Film Projector |
nil | |
| Total Assets | $6,703.08 | |
| Liabilities | ||
|
Creditors |
nil | |
|
Membership Equity |
||
|
General funds |
4,432.61 | |
|
Profit |
400.39 | |
|
Closing Balance |
4,833.00 | 4,833.00 |
|
B.L. Fund |
1,593.06 | |
|
Profit |
128.52 | |
|
Closing Balance |
1,721.58 | 1,721.58 |
|
Asset Equity |
148.50 | 148.50 |
| Total Liabilities | $6,703.08 |
Notes:
- The investment has been transferred into Goal Account 08
- Goal account 010 represents excess funds & B.L. funds excess over 20 years
- B.L. payouts are transferred to Westpac Trust account then paid out by cheque. These have not been shown as they have no effect on the general cheque account.
The Treasurer
Wellington Beekeepers Association Inc.
Financial Report for Year Ending 31 May 1999
General Account
| Receipts | Expenditure | ||
|
Interest |
28.62 |
Hall Hire |
297.00 |
|
Advertising |
180.00 |
Refund |
20.00 |
|
Subscriptions |
1,670.00 |
Office expenses |
147.08 |
|
Donations |
38.30 |
Internet subscription |
96.75 |
|
Extractor hire |
90.00 |
Xmas supper |
19.60 |
|
Bank Charges |
1.50 | ||
|
Newsletter expenses |
35.60 | ||
|
Newsletter postage |
384.00 | ||
|
BL Fund Contribution |
485.00 | ||
|
Magazine subscriptions |
120.24 | ||
| Total receipts | 2,006.92 | Total expenditure | 1,606.77 |
| Profit | $400.39 |
B.L. Fund
| Receipts | Expenditure | ||
|
Interest |
36.50 |
B.L. Payout (5 hives) |
300.00 |
|
1997/98 (75 x $1) |
75.00 |
Diseaseathon |
92.98 |
|
1998/99 (82 x $5) |
410.00 | ||
| Total receipts | 521.50 | Total expenditure | 392.98 |
| Profit | $128.52 |
The Treasurer