|
S. THOMAS COLLEGE GURUTALAWA
OLD BOYS ASSOCIATION
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STATEMENT OF RECEIPTS AND PAYMENTS
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FOR THE YEAR ENDED 31ST DECEMBER 2005
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2005
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|
2004
|
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|
Rs.
|
|
Rs.
|
|
|
|
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|
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| INCOME |
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|
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| Membership
Fees |
|
|
|
9,500.00 |
|
4,500 |
| Interest
from Deposits |
|
|
7,029.83 |
|
3,023 |
| Sale
of History Books |
|
|
|
0.00 |
|
57,600 |
| Sundry
Income |
|
|
|
300.00 |
|
1,500 |
| Income
- Dinner Dance |
|
|
0.00 |
|
276,503 |
| AGM
Ticket Sales |
|
|
|
0.00 |
|
55,200 |
| Donations
- Quadrangular Meet |
|
|
0.00 |
|
6,000 |
|
Accounting Fees |
|
|
0.00 |
|
1,500 |
| Re
Union & A.G.M |
|
|
|
23,852.00 |
|
0 |
| Gurutalawa
Fair Stall Income |
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|
15,837.25 |
|
0 |
|
|
|
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|
56,519.08 |
|
405,826 |
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|
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| EXPENDITURE |
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| Bank
Charges |
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|
2,253.14 |
|
4,098 |
| Accounting
Fees |
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|
0.00 |
|
1,500 |
| Postage
and Stationery |
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|
30,854.00 |
|
31,019 |
| Re
Union & A.G.M |
|
|
|
0.00 |
|
78,247 |
| Quadrangular
Tournament |
|
|
0.00 |
|
30,725 |
| Printing
Magazines |
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|
|
0.00 |
|
63,322 |
| Sundry
Expenses |
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|
5,300.00 |
|
0 |
|
|
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|
38,407.14 |
|
208,911 |
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|
|
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| Excess
of Income Over Expenditure Transferred to |
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|
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|
Accumulated
Fund |
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|
18,111.94 |
|
196,916 |
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| SJMS
ASSOCIATES |
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| Chartered
Accountants |
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| S.THOMAS
COLLEGE GURUTALAWA |
| OLD
BOYS ASSOCIATION |
| BALANCE
SHEET AS AT 31ST DECEMBER 2005 |
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31.12.2005
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31.12.2004
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Note |
|
Rs.
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|
Rs.
|
|
|
|
|
|
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| CURRENT
ASSETS |
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| Dr.
Hayman - Canon Foster Memorial Museum |
|
122,510.62 |
|
122,511 |
| College
Website |
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|
|
12,000.00 |
|
12,000 |
| Other
Debtors |
|
2 |
|
86,500.00 |
|
125,500 |
| Investments |
|
3 |
|
846,746.03 |
|
839,716 |
| Cash
and Bank Balances |
4 |
|
92,045.26 |
|
251,100 |
| Banner |
|
|
|
6,723.00 |
|
6,723 |
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|
|
|
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| Total
Assets |
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|
1,166,524.91 |
|
1,357,549 |
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| Funds |
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| Accumulated
Fund |
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5 |
|
255,605.43 |
|
237,493 |
| Canon
A.J. Foster Scholarship Fund |
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|
151,350.00 |
|
151,350 |
| Dr.
R.L. Hayman Scholarship Fund |
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|
150,000.00 |
|
150,000 |
| Development
Fund |
|
6 |
|
282,969.48 |
|
463,606 |
| A.K.
Chapman Scholarship Fund |
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|
326,600.00 |
|
309,100 |
| Total
Funds |
|
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|
1,166,524.91 |
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1,311,549 |
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| CURRENT
LIABILITIES |
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| Sundry
Creditors |
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|
0.00 |
|
46,000 |
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|
|
|
|
0.00 |
|
46,000 |
|
|
|
|
|
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| Total
Funds and Liabilities |
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|
1,166,524.91 |
|
1,357,549 |
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| .........................…… |
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|
.................…… |
| President |
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|
Treasurer |
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| .................… |
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|
.................… |
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| Date
: 03.02.2006 |
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Date
: 03.02.2006 |
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| SJMS
ASSOCIATES |
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| Chartered
Accountants |
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31.12.2005
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31.12.2004
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Rs.
|
|
Rs.
|
| 2. |
OTHER
DEBTORS |
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|
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|
Dinner Dance |
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|
32,500.00 |
|
71,500 |
|
Sundry Debtors |
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|
|
54,000.00 |
|
54,000 |
|
|
|
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|
86,500.00 |
|
125,500 |
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| 3. |
INVESTMENTS |
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Standard
Chartered Grindlays Bank |
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Call Deposits |
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|
267,646.03 |
|
260,616 |
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Fixed
Deposit National Savings Bank |
|
579,100.00 |
|
579,100 |
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|
846,746.03 |
|
839,716 |
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| 4. |
CASH
AND BANK BALANCES |
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Standard
Chartered Grindlays Bank |
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|
A/C No. 01-1005359-01 |
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|
92,045.26 |
|
251,100 |
|
|
|
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|
92,045.26 |
|
251,100 |
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| 5. |
ACCUMULATED
FUND |
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Balance
at the beginning of the year |
|
237,493.49 |
|
39,921 |
|
Add:
Dr. Hayman Foster Museum Fund - Transfer |
|
0.00 |
|
55,257 |
|
|
|
|
|
237,493.49 |
|
95,178 |
|
Less:
Transferred during the year |
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|
|
Dance Debtors 2003 written off |
|
0.00 |
|
(43,000) |
|
Canon A.J. Foster Scholarship Fund
Transferred |
|
0.00 |
|
(11,600) |
|
|
|
|
|
237,493.49 |
|
40,578 |
|
Add:
Excess of Income over Expenditure |
|
18,111.94 |
|
196,916 |
|
Balance
at the end of the year |
|
|
255,605.43 |
|
237,493 |
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|
|
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|
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|
|
| SJMS
ASSOCIATES |
|
|
|
|
|
|
| Chartered
Accountants |
|
|
|
|
|
|
|
|
|
|
31.12.2005
|
|
31.12.2004
|
|
|
|
|
|
Rs.
|
|
Rs.
|
|
|
|
|
|
|
|
|
| 6. |
DEVELOPMENT
FUND |
|
|
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|
Development
Fund |
|
|
531,346.75 |
|
591,733 |
|
Farm
Development Fund |
|
|
(248,377.27) |
|
(128,127) |
|
|
|
|
|
282,969.48 |
|
463,606 |
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