British APL Association - summary of annual accounts 1997/98
BCS have informed me that interest on the Gold account was £432.47 more than originally stated. This affects total income, bank balance and net assets - these are the only figures revised. [Nicholas Small 15 May 1998: the figures here are corrected.]
Summary of income and expenditure/receipts and payments:
1997/98 1997/98 1996/97
(R&P) (I&E) (I&E)
£ £ £
Income/Receipts
Subscriptions 11487 11021 11364
BCS services 0 0 106
Bank interest 3322 3322 3022
Vector advertising (incl. VAT) 3515 3471 4605
Conferences & seminars 0 0 0
Other 108 108 351
----- ----- -----
Total receipts 18431 17922 19448
----- ----- -----
Expenditure/Payments
Meetings 0 0 358
Administration 1695 1152 2135
BCS services 0 0 106
Vector production and despatch 14385 14584 15315
Education Vector supplement 931 108 3446
Projects 569 501 1117
Conferences and seminars 0 0 0
Other 347 308 670
----- ----- -----
Total payments 17927 16653 23148
----- ----- -----
Assets summary:
Bank and other balances 52525 52021
Debtors 2071 2188
Creditors (5270) (6151)
----- -----
Net assets 49327 48059
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Notes
Pence figures have been omitted, so columns may not add exactly.
The value of stocks of Vector and the Software Library have not been assessed, nor has the value of the Association's computing hardware and software.
For 1997/98, figures are shown both as income and expenditure, i.e. revenues strictly relating to the activities of that year, and as receipts and payments, i.e. what goes in and out of our bank account. The comparitive figures for earlier years relate to income and expenditure.
Note that from 1997/98 VAT collection payments are made net of any rebate, so VAT rebates no longer appear under Income/Receipts, Other.
Adjustments to R&P for 1997/98 to obtain I&E.
£
Add to income:
Subscriptions -644.50 late for 1996/97
411.75 paid in 1996/97
561.25 outstanding 1997/98
-794.00 advance payments for 1998/99
Vector ads -1043.75 from Vol 13 (including VAT except for 13.4)
1000.00 outstanding for Vol 14 (excluding VAT for 14.4)
Add to expenditure:
Vector -3538.48 production of 13.4
-462.91 late expenses claims, 1996/97
3400.00 production of 14.4 (estimate)
800.00 late expenses claims, 1997/98 (estimate)
Ed Vector -823.06 for 13.4
Projects -67.80 Vectors to J conference, 1996/97
Admin -642.20 late expenses claims, 1996/97
100.00 Outstanding expenses claims (estimate)
Other -100.40 VAT, 1996/97 Q4
71.58 VAT, 1997/98 Q4
10.20 VAT refund, 1997/98
-104.00 Vector storage 1996/97
104.00 Vector storage 1997/98