Kessil

December 06 ( Year-end) Financial Statements

jimsar

Guest
Bay Area Reefers
Profit & Loss
December 1 TO 31, 2006


Ordinary Income/Expense
Income
Membership Dues 125.03
Total Income 125.03

Expense
Mileage Expense 117.50
Public Appreciation Exp 846.11
Supplies 454.00
Total Expense 1,417.61

Net Ordinary Income -1,292.58

Other Income/Expense
Other Income
Interest Income 10.64
Total Other Income 10.64

Net Other Income 10.64

Net Income -1,281.94

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YEAR END P&L:

Bay Area Reefers
Profit & Loss
January 1 through December 31, 2006


Ordinary Income/Expense
Income
Coral Fund Contribution 340.00
Membership Dues (Membership Dues) 2,163.12
Raffle (Raffle Income) 3,865.00
Soda & Supply Sales 502.19
Total Income 6,870.31

Expense
Bank Service Charges (Bank Service Charges) 35.43
Corals (Corals for fragging and dist.) 400.00
Dues and Subscriptions (Dues and Subscriptions) 50.00
Equipment Rental (Equipment Rental) 442.50
Gifts (gifts) 38.95
Guest Speaker Expense 546.88
Insurance (Liability Insurance) 1,512.00
Mileage Expense (Reimbursement for mileage) 351.75
Miscellaneous (Miscellaneous) 32.78
Office Supplies (Office Supplies) 20.00
Postage and Shipping 25.39
Public Appreciation Exp 846.11
Supplies (Supplies)
Meeting Supplies 375.84
Supplies (Supplies) - Other 1,031.69
Total Supplies (Supplies) 1,407.53

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

Web Expense (hosting, etc) 268.38
Total Expense 6,129.69

Net Ordinary Income 740.62

Other Income/Expense
Other Income
Interest Income (Interest Income) 39.97
Total Other Income 39.97

Net Other Income 39.97

Net Income 780.59

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YEAR-END BALANCE SHEET
Bay Area Reefers
Balance Sheet
As of December 31, 2006


ASSETS
Current Assets
Checking/Savings
PayPal Account 847.54
Petty Cash Account (Cash in Lockbox) 55.33
US Bank Checking 3,397.70
Total Checking/Savings 4,300.57

Total Current Assets 4,300.57

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

TOTAL ASSETS 5,212.28

LIABILITIES & EQUITY
Equity
Opening Bal Equity 2,271.88
Retained Earnings (Retained Earnings) 2,159.81
Net Income 780.59
Total Equity 5,212.28

TOTAL LIABILITIES & EQUITY 5,212.28
 
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