Chess Scotland Accounts to April 2002

Auditor's Report

Chess Scotland
Income and Expenditure for the Year ending 30 April 2002
2000/01 2001/02
 £ INCOME  £  £  £
Affiliations:
Associations and Leagues 2,645.20
Clubs: Senior 1,130.00
Junior 565.00
3,853 4,340.20
3,829 Membership Subscriptions 3,335.50
3,564 Grading Fees 3,886.58
5,734 Publications 5,261.17
Tournaments: Senior 1113.50
Junior 4187.00
884 5,300.50
557 Insurance Scheme 696.23
8,858 Grants 9,124.00
362 100 Club Proceeds 306.50
293 National League (Season 2001) 217.64
0 Equipment/Stationery Sales 566.00
54 Equipment Hire 0.00
200 Sponsorship 1,000.00
271 Donations 726.91
251 Interest 274.86
0 Life Fund Deficit 374.45
0 General Fund Deficit 1,065.75
28,710 36,476.29
EXPENDITURE
International:
Tournaments 20,346.89
Less: Contributions 11,460.97
8,885.92
Plus: FIDE Fees 1,363.53
7,261 10,249.45
Tournaments: Senior 865.63
Junior 4164.01
877 5,029.64
7,213 Publications 7,248.16
886 Insurance Policies 1,139.82
200 Grand Prix 1,214.74
155 SJCA Trust 300.00
41 Depreciation 41.20
Administration:
4,704 Membership Services 5,310.57
2,660 Information Services 3,140.75
676 General Services 2,277.50
1,305 Correspondence 500.00
36 Reserve Fund Surplus 24.46
22 Life Fund Surplus                    -  
2674 General Fund Surplus                    -  
28,710 36,476.29
Chess Scotland
Balance Sheet as at 30 April 2002
Accumulated Fund Note  £  £  £
SCA Balance as at 30 April 2001 1   12,867.82
SJCA Balance as at 31 March 2001     5,780.09
 £   18,647.91
Less: Deficit for year  £     1,415.74
 £ 17,232.17
Represented by
Fixed Assets 2,3               41.19
Current Assets
Debtors        496.00
Deposit Accounts   14,526.13
Current Accounts     6,935.52
  21,957.65
Less
Current Liabilities
Creditors (2,217.00)
Held on Deposit 4 (1,849.67)
Bequests (700.00)
(4,766.67)
Net Current Assets 17,190.98
17,232.17
 Notes to the Balance Sheet
2001 Surplus/Loss 2002
Balance for the Year Transfer Balance
1.  Accumulated Fund  £  £ £  £
Life Membership Account     4,549.44 (374.45) 4,174.99
Reserve Account     1,691.78 24.46 1,716.24
General Account     6,626.60 (1,065.75) 5,780.09 11,340.94
SJCA Account     5,780.09                -   (5,780.09)                    -  
  18,647.91 (1,415.74)                -   17,232.17
 2.  Fixed Assets
Net Book Value at 30 April 2001 82.39
Depreciation 41.20
Net Book Value at 30 April 2002 41.19
 3.  Depreciation
Fixed assets are depreciated at the rate of 20 % per annum
 4.  Amounts held on Deposit
West of Scotland 770.07
East of Scotland 32.10
McDonald Award Fund 910.00
Allotted Funds 137.50
1,849.67
L R McKenzie
Finance Director
Chess Scotland
 SCOTTISH CONGRESS 2001 - ABERDEEN
2000 2001
 £ INCOME  £
4,638 Entry Fees 3,555.00
166 Donations 312.00
3,835 Sponsorship 3,860.00
2 Interest 28.02
8 Deficit                      -
8,649 7,755.02
EXPENDITURE
4,095 Congress Prizes 3,049.98
Services:
    Organisation 3,100.00
    Printing costs 700.00