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CANADIAN SHARK
CLASS ASSOCIATION
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STATEMENT OF
RECEIPTS AND EXPENDITURES
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JANUARY 1,
2000 - DECEMBER 31, 2000
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OPENING BALANCE 01/01/00
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$13,502.64
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INCOME
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Fees
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9,150.42
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Handbooks
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315.00
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Interest
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39.96
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Measurement
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210.00
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40 Yrs. CD
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788.40
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Fleet Development
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330.00
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($1000 outstanding - see
Note 4 below)
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TOTAL INCOME
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$10,833.78
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EXPENSES
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Admin:
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Bank Chrg
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4.75
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CYA Dues
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75.00
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Flags
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(no purchase in 2000)
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0.00
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Decals
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652.63
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Insurance
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(see Note 8 below)
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0.00
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ISCA Dues
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349.00
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Meetings
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361.74
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Misc
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327.97
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Postage
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864.86
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Print & Copy
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1,140.65
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Regions
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1,172.50
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Stationery
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86.48
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TOTAL Admin
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$5,035.58
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Promotions:
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Advertising
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Regattas
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0.00
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SharkBytes:
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Web Page
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666.94
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Software
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432.30
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Sharkscan:
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Assembly
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0.00
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Postage
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0.00
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Printing
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0.00
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TOTAL Promotions
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$1,099.24
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TOTAL EXPENSES
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$6,134.82
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TOTAL INCOME - EXPENSES
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$4,698.96
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CLOSING BALANCE 31/12/00
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$18,201.60
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NOTES TO FINANCIAL
STATEMENTS - 2000 (Accounts are not audited)
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1) Accounts are kept on a cash basis
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2) Surplus funds are maintained in an
interest bearing account at Canada Trust
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3) Membership to date is: Senior - 272 Associate - 15
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4) Fleet Development is
contributed at $10 for each competing boat in a Counter Regatta
($540 from the Worlds - $310 from the Gold Cup and $150 from
Homecomers is still outstanding)
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5) ISCA fees are paid at $1 for each Senior
Member + $10 for each boat measured.
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6) Regional rebates are paid to each active
region at $7.50 for each Senior Member
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7) Membership decals are purchased every 3
years. Flags are purchased annually.
(Supplies of the decals have been purchased for the 2000-2
racing seasons).
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8) Insurance is paid for coverage of the
scales $108 is payable for 2000
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us
