| S.THOMAS
COLLEGE GURUTALAWA |
| OLD
BOYS ASSOCIATION |
| STATEMENT
OF RECEIPTS AND PAYMENTS |
| FOR
THE YEAR ENDED 31ST DECEMBER 2004 |
|
|
|
|
|
|
|
|
|
|
|
|
|
2004 |
|
2003 |
|
|
|
|
|
Rs. |
|
Rs. |
| INCOME |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Membership
Fees |
|
|
|
4,500.00 |
|
27,000 |
| Interest
from Deposits |
|
|
3,023.26 |
|
23,841 |
| Sale
of History Books |
|
|
|
57,600.00 |
|
500 |
| Membership
Directory |
|
|
0.00 |
|
15,300 |
| Sundry
Income |
|
|
|
1,500.00 |
|
3,575 |
| Income
- Dinner |
|
|
|
276,503.00 |
|
413,775 |
| AGM
Ticket Sales |
|
|
|
55,200.00 |
|
0 |
| Donations
- Quadrangular Meet |
|
|
6,000.00 |
|
0 |
|
Accounting Fees |
|
|
1,500.00 |
|
0 |
|
|
|
|
|
405,826.26 |
|
483,991 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| EXPENDITURE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Bank
Charges |
|
|
|
4,097.71 |
|
3,847 |
| Accounting
Fees |
|
|
|
1,500.00 |
|
0 |
| Postage
and Stationery |
|
|
31,019.00 |
|
28,277 |
| Re
Union & A.G.M |
|
|
|
78,247.00 |
|
0 |
| Transferred
to Development Fund |
|
|
0.00 |
|
413,775 |
| Refurbishments
to British Teachers Quarters |
|
0.00 |
|
26,070 |
| Quadrangular
Tournament |
|
|
30,725.00 |
|
0 |
| Printing
of Magazines |
|
|
|
63,322.00 |
|
0 |
|
|
|
|
|
208,910.71 |
|
471,968 |
|
|
|
|
|
|
|
|
| Excess
of Income Over Expenditure Transferred to |
|
|
|
|
|
Accumulated
Fund |
|
|
196,915.55 |
|
12,023 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| SJMS
ASSOCIATES |
|
|
|
|
|
|
| Chartered
Accountants |
|
|
|
|
|
|
|
|
|
|
|
|
|
| S.THOMAS
COLLEGE GURUTALAWA |
| OLD
BOYS ASSOCIATION |
| BALANCE
SHEET AS AT 31ST DECEMBER 2004 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
31.12.2004 |
|
31.12.2003 |
|
|
|
Note |
|
Rs. |
|
Rs. |
|
|
|
|
|
|
|
|
| CURRENT
ASSETS |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Dr.
Hayman - Canon Foster Memorial Museum |
|
122,510.62 |
|
55,000 |
| College
Website |
|
|
|
12,000.00 |
|
12,000 |
| Other
Debtors |
|
2 |
|
125,500.00 |
|
263,000 |
| Investments |
|
3 |
|
839,716.20 |
|
352,593 |
| Cash
and Bank Balances |
4 |
|
251,099.55 |
|
587,259 |
| Banner |
|
|
|
6,723.00 |
|
0 |
| Total
Assets |
|
|
|
1,357,549.37 |
|
1,269,852 |
|
|
|
|
|
|
|
|
| FUNDS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Accumulated
Fund |
|
5 |
|
237,493.49 |
|
39,921 |
| Canon
A.J. Foster Scholarship Fund |
|
|
151,350.00 |
|
147,625 |
| Dr.
R.L. Hayman Scholarship Fund |
|
|
150,000.00 |
|
135,625 |
| Development
Fund |
|
6 |
|
591,733.15 |
|
565,708 |
| A.K.
Chapman Scholarship Fund |
|
|
309,100.00 |
|
329,100 |
| Farm
Development Fund |
|
|
(128,127.27) |
|
4,373 |
| Dr.
Hayman-Foster Museum Fund |
|
|
0.00 |
|
47,500 |
| Total
Funds |
|
|
|
1,311,549.37 |
|
1,269,852 |
|
|
|
|
|
|
|
|
| CURRENT
LIABILITIES |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Sundry
Creditors |
|
7 |
|
46,000.00 |
|
0 |
|
|
|
|
|
46,000.00 |
|
0 |
|
|
|
|
|
|
|
|
| Total
Funds and Liabilities |
|
|
1,357,549.37 |
|
1,269,852 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| sgd/E.G.J.Canagasabey |
|
|
sgd/B.Wanigasekera |
| President |
|
|
|
Treasurer |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7-Feb-05 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| SJMS
ASSOCIATES |
|
|
|
|
|
|
| Chartered
Accountants |
|
|
|
|
|
| NOTES: |
|
|
|
|
|
|
|
|
|
|
|
31.12.2004 |
|
31.12.2003 |
|
|
|
|
|
Rs. |
|
Rs. |
| 2. |
OTHER
DEBTORS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dinner |
|
|
|
71,500.00 |
|
251,500 |
|
Sundry Debtors |
|
|
|
54,000.00 |
|
11,500 |
|
|
|
|
|
125,500.00 |
|
263,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 3. |
INVESTMENTS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Standard
Chartered Grindlays Bank Call Deposit |
|
260,616.20 |
|
102,593 |
|
Fixed
Deposit National Savings Bank |
|
579,100.00 |
|
250,000 |
|
|
|
|
|
839,716.20 |
|
352,593 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 4. |
CASH AND
BANK BALANCES |
|
|
|
|
|
|
|
|
|
|
|
|
|
Standard
Chartered Grindlay Bank |
|
|
|
|
|
Current A/C
No. 01-1005359-01 |
|
|
251,099.55 |
|
587,259 |
|
|
|
|
|
251,099.55 |
|
587,259 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 5. |
ACCUMULATED
FUND |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at
the beginning of the year |
|
39,921.36 |
|
27,898.50 |
|
Add:
Dr. Hayman Foster Museum Fund - Transfer |
|
55,256.58 |
|
0.00 |
|
|
|
|
|
95,177.94 |
|
27,898.50 |
|
Less:
Transferred during the year |
|
|
|
|
|
Dance Debtors 2003 written off |
|
(43,000.00) |
|
0.00 |
|
Canon A.J. Foster Scholarship Fund Transferred |
|
(11,600.00) |
|
0.00 |
|
|
|
|
|
40,577.94 |
|
27,898.50 |
|
Add: Excess
of Income over Expenditure |
|
196,915.55 |
|
12,022.86 |
|
Balance at
the end of the year |
|
|
237,493.49 |
|
39,921.36 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Chartered
Accountants |
|
|
|
|
2,004 |
| 6. |
DEVELOPMENT
FUND |
|
|
|
|
Rs. |
|
|
|
|
|
|
|
|
|
Balance
Brought Forward |
|
|
|
|
565,708.15 |
|
Donations
during the year |
|
|
|
|
20,275.00 |
|
|
|
|
|
|
|
585,983.15 |
|
|
|
|
|
|
|
|
|
Less:
Administrative Managers Salary |
|
97,500.00 |
|
|
|
Sports Equipment |
|
|
10,150.00 |
|
|
|
Repairs to Water Storage Tank |
|
10,600.00 |
|
118,250.00 |
|
|
|
|
|
|
|
467,733.15 |
|
|
|
|
|
|
|
|
|
Add:
Provision made during the year |
|
|
|
|
|
|
|
|
|
|
|
|
|
Painting Quadrangular Roof |
|
34,000.00 |
|
|
|
Keble Section Rehabilitation |
|
60,000.00 |
|
|
|
Farm Shed Repairs |
|
|
20,000.00 |
|
|
|
Tsunami Assistance to Staff |
|
10,000.00 |
|
124,000.00 |
|
|
|
|
|
|
|
591,733.15 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 7. |
SUNDRY
CREDITORS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S.T.C
Gurutalawa Chapel |
|
|
|
|
16,000 |
|
S. Fernando |
|
|
|
|
|
30,000 |
|
|
|
|
|
|
|
46,000 |
|
|
|
|
|
|
|
|
Jan-Feb 04 Accounts
|
S Thomas'
College, Gurutalawa OBA |
|
|
|
|
|
Accounts Summary
- January 2004 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Opening Balance
as per Cash Book (01.01.2004) |
|
|
|
587259.30 |
|
|
|
|
|
|
|
|
|
|
Income |
|
|
|
|
|
|
|
|
Souvenir
Collection - Advts |
72500.00 |
|
|
|
|
|
Souvenir
Collection - Banners |
10500.00 |
|
|
|
|
|
Museum
Contributions |
10000.00 |
|
|
|
|
|
Membership Fees |
|
500.00 |
|
|
|
|
|
Development Fund |
|
650.00 |
|
|
|
|
|
Sundry Income |
|
75.00 |
94225.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Expenditure |
|
|
|
|
|
|
|
Farm Manager's
Salary |
3000.00 |
|
|
|
|
|
AGM Advertisement |
|
3628.00 |
|
|
|
|
|
Expenses on
Museum |
10000.00 |
|
|
|
|
|
Expenses
College
Magazine |
3322.00 |
|
|
|
|
|
Bank Charges |
|
1572.50 |
|
|
|
|
|
Debit Tax |
|
|
571.36 |
22093.86 |
|
|
|
|
Excess Income
over Expenditure |
|
|
|
72131.14 |
|
Cash Book Balance
on 31.01.04 |
|
|
|
|
659390.44 |
|
|
|
|
|
|
|
|
|
|
Accounts Summary
- February 2004 |
|
|
|
|
|
Opening Balance
as per Cash Book |
|
|
|
659390.44 |
|
|
|
|
|
|
|
|
|
|
Income |
|
|
|
|
|
|
|
|
Souvenir
Collection - Advts |
76000.00 |
|
|
|
|
|
Museum
Contributions |
25000.00 |
|
|
|
|
|
Membership Fees |
|
500.00 |
|
|
|
|
|
Development Fund |
|
1650.00 |
|
|
|
|
|
OBA AGM
Collection |
|
55200.00 |
|
|
|
|
|
Interest from NSB |
|
22500.00 |
180850.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Expenditure |
|
|
|
|
|
|
|
Newsletter 07/04
Expenses |
25000.00 |
|
|
|
|
|
Expenses on
Museum |
87070.62 |
|
|
|
|
|
Cricket Gear |
|
10150.00 |
|
|
|
|
|
Repair Water Tank |
|
10600.00 |
|
|
|
|
|
AGM Expenses
|
|
28247.00 |
|
|
|
|
|
Farm Manager's
Salary |
3000.00 |
|
|
|
|
|
Advance to Farm
Thru' College |
35000.00 |
|
|
|
|
Transfer to NSB for Scholarship
|
329100.00 |
--- |
(Fixed Deposit) |
|
|
Bank Charges |
|
45.00 |
|
|
|
|
|
Debit Tax |
|
|
91.52 |
528304.14 |
|
|
|
|
Over Expenditure |
|
|
|
|
|
-347454.14 |
|
Cash Book Balance
on 29.02.04 |
|
|
|
311936.30 |
|
|
|
|
|
|
|
|
|
|
Sgd/
B.Wanigasekera |
|
|
|
|
|
|
|
|
Hony.
Treasurer |
|
|
|
|
|
|
|
10 March 2004 |
|
|
|
|
|
ENDS
|
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