Chess Scotland
		Income and Expenditure for the Year ending 30 April 2003
2001/02								2002/03
£		INCOME				£	£	£
		Affiliations:
			Associations and Leagues				2,854.01
			Clubs:	Senior			1,050.00
				Junior and School			174.00
4,340								4,078.01
3,336		Membership Subscriptions						4,439.00
3,887		Grading Fees						3,410.31
5,261		Publications						5,544.06
		Tournaments:		Senior			898.00
				Junior			2859.00
5,300								3,757.00
696		Insurance Scheme						1,038.96
9,124		Grants						9,352.00
306		100 Club Proceeds						445.50
218		National League (Season 2002)						319.22
566		Equipment/Stationery Sales						-
-		Equipment Hire						65.00
1,000		Sponsorship						-
727		Donations						778.16
275		Interest						159.51
		Sale of Consol Stock						81.73
374		Life Fund Deficit						-
1,066		General Fund Deficit						9.92
36,476								33,478.38
		EXPENDITURE
		International:
			Tournaments			7,947.22
			Less: Contributions			2890.00
							5057.22
			Plus: FIDE Fees				998.98
10,249								6,056.20
		Tournaments:		Senior			899.19
				Junior			4407.80
5,030								5,306.99
7,248		Publications						6,409.73
1,140		Insurance Policies						2,143.76
1,215		Grand Prix						625.00
-		Equipment						560.00
300		SJCA Trust						316.65
41		Depreciation						41.19
		Administration:
5,311			Membership Services					5,237.05
3,141			Information Services					3,894.55
2,277			General Services					2,180.61
500			Correspondence					500.00
24		Reserve Fund Surplus						10.30
-		Life Fund Surplus						196.35
36,476								33,478.38
				Chess Scotland
			Balance Sheet as at 30 April 2003
Accumulated Fund				Note		£	£	£
Balance as at 30 April 2002				1			17,232.17
Plus:	Surplus for year						196.73
								17,428.90
Represented by
Fixed Assets				2,3				-
Current Assets
Debtors						846.76
Deposit Accounts						14,321.54
Current Accounts						5,502.05
							20670.35
Less
Current Liabilities
Creditors						-
Held on Deposit				4		(2,541.45)
Bequests						(700.00)
							(3,241.45)
Net Current Assets								17,428.90
Notes to the Balance Sheet
				2002		Surplus/Loss		2003
				Balance		for the Year		Balance
1.  Accumulated Fund				£		£		£
	Life Membership Account			4,174.99		196.35		4,371.34
	Reserve Account			1,716.24		10.30		1,726.54
	General Account			11,340.94		(9.92)		11,331.02
				17,232.17		196.73		17,428.90
2.  Fixed Assets
	Net Book Value at 30 April 2002							41.19
	Depreciation							41.19
	Net Book Value at 30 April 2003							-
3.  Depreciation
	Fixed assets are depreciated at the rate of 20 % per annum
4.  Amounts held on Deposit
	West of Scotland							837.35
	East of Scotland							32.10
	McDonald Award Fund							860.00
	Allotted Funds							812.00
								2,541.45
L. R. McKenzie
Finance Director
				Chess Scotland
			SCOTTISH CONGRESS 2002 - STIRLING
2,001								2002
£					INCOME			£
3,555		Entry Fees						3,909.00
312		Donations						166.00
3,860		Sponsorship						3,262.50
28		Interest						27.64
7,755								7,365.14
					EXPENDITURE
3,050		Congress Prizes						3,125.00
		Services:
		Organisation					2,897.50
		Printing costs					476.00
		Grading Fees					463.00
		Administration					100.00
		Miscellaneous					126.00
4,429								4,062.50
276		Surplus						177.64
7,755								7,365.14
				Balance Sheet as at 30 November 2002
		Accumulated Fund:
			Balance b/f					1,545.84
			Plus: Congress Surplus					177.64
								1,723.48
		Represented by
			Current Assets
			Bank: Current and Deposit Accounts				9112.38
			Debtors and prepayments				627.1
							9739.48
			Less
			Current Liabilities
			Creditors				8016.00
								1723.48
L. R. McKenzie
Finance Director