Waiheke Island Choral Society Inc.
Financial Performance for the year ended 31 December 2005
| 2005 | 2004 | ||||
| $ | $ | ||||
| Income | |||||
| Subscriptions | 960 | 1200 | |||
| Donations | 130 | 105 | |||
| Interest | 405 | 358 | |||
| Concert Income: | |||||
| - June variety concert | 1631 | ||||
| - Last Tango in Little Oneroa | 3725 | ||||
| - A Capella | 128 | 132 | |||
| - Orpheus in Britomart | 0 | ||||
| - MORRA Fundraiser | 0 | ||||
| Auckland City Grant | 252 | ||||
| Creative Communities Grant | 606 | ||||
| Total Income | 7231 | 2401 | |||
| Expenses | |||||
| Advertising/Stationery/Copying | 76 | 452 | |||
| Auditor | 203 | 135 | |||
| Bank Fees | 13 | 13 | |||
| Association Fees | 239 | 210 | |||
| Depreciation | 249 | 269 | |||
| General | 531 | 350 | |||
| Travel | 680 | 300 | |||
| Petty Cash | 0 | 50 | |||
| Hall Hire | 842 | 792 | |||
| Concert Expenses: | |||||
| - June variety concert | 578 | ||||
| - Last Tango in Little Oneroa | 1478 | ||||
| - A Capella | 79 | 73 | |||
| - Orpheus in Britomart | 559 | ||||
| - MORRA Fundraiser | 0 | ||||
| Total Expenses | 4968 | 3203 | |||
| Net Surplus (-Deficit) | 2263 | -802 | |||
Waiheke Island Choral Society Inc.
Financial Position as at 31 December 2005
| 2005 | 2004 | ||||
| Accumulated Funds | $ | $ | |||
| Balance as at 1 January | 14985 | 15787 | |||
| Net Surplus (-Deficit) | 2263 | -802 | |||
| Total Funds Invested | 17248 | 14985 | |||
| Invested as Follows: | |||||
| Current Assets | |||||
| ASB Bank General Account | 4838 | 2721 | |||
| ASB Bank Reserve Fund | 8299 | 7904 | |||
| Music Stocks | 320 | 320 | |||
| 25-Year History Books | 390 | 390 | |||
| 13847 | 11335 | ||||
| Less Liabilities | |||||
| Creditors | 113 | 113 | |||
| Working Capital | 13734 | 11222 | |||
| Fixed Assets | |||||
| as per Schedule | 3514 | 3763 | |||
| Net Assets | 17248 | 14985 | |||
Waiheke Island Choral Society Inc.
Schedule of Fixed Assets and Depreciation for the year ended 31 December 2005
| Asset | Cost | Accum Depn | Book Value | Additions/ | Depreciation | Depreciation | Book Value | |
| 31 Dec 2004 | 31 Dec 2004 | Disposals | Rate | Amount | 31 Dec 2005 | |||
| Piano | 4531 | 1214 | 3317 | 7.50% | 249 | 3068 | ||
| Piano Cover | 446 | 0 | 446 | 0 | 0 | 446 | ||
| 4977 | 1214 | 3763 | 249 | 3514 |