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Consolidated
Income & Expenditure Account |
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For
the Year to 31 December 2007 |
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Notes |
2007 |
|
2006 |
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|
£ |
|
£ |
|
Income |
|
|
|
|
|
|
|
|
|
|
|
Subscriptions |
|
1,332,270 |
|
1,309,406 |
|
Retail
sales, exhibitions & related events |
|
546,009 |
|
541,628 |
|
Diver
training/ Instructor courses |
|
235,417 |
|
273,587 |
|
Overseas
royalties & fees |
|
81,273 |
|
69,833 |
|
Sponsorship
& grant funding |
|
46,500 |
|
20,000 |
|
Other
income |
|
35,204 |
|
41,083 |
|
|
|
2,276,673 |
|
2,255,537 |
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|
|
|
|
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Expenditure |
|
|
|
|
|
|
|
|
|
|
|
Membership
direct costs |
|
(724,609) |
|
(775,523) |
|
Retail,
exhibitions & related events |
|
(343,800) |
|
(339,288) |
|
Diver
training/ Instructor courses & development |
|
(398,665) |
|
(377,841) |
|
HQ,
Council, NDC, AGM & other administration costs |
|
(721,882) |
|
(643,903) |
|
BSAC
International & other overseas activities |
|
(12,690) |
|
(11,790) |
|
Sponsorship
& grant funding utilised |
|
(46,500) |
|
(20,000) |
|
Other
expenditure |
|
(13,612) |
|
(19,688) |
|
Project
Neptune expenditure |
|
- |
|
(57,788) |
|
|
|
(2,261,758) |
|
(2,245,821) |
|
|
|
|
|
|
|
Operating
surplus/(deficit) |
3 |
14,915 |
|
9,716 |
|
|
|
|
|
|
|
Exceptional
overseas income |
|
- |
|
28,544 |
|
|
|
|
|
|
|
Surplus
from ordinary activities before interest |
|
14,915 |
|
38,260 |
|
|
|
|
|
|
|
Bank
interest receivable |
|
7,286 |
|
4,431 |
|
Bank
interest payable |
|
- |
|
- |
|
|
|
|
|
|
|
Surplus
from ordinary activities before taxation |
|
22,201 |
|
42,691 |
|
|
|
|
|
|
|
Taxation |
5 |
(7,341) |
|
(11,043) |
|
|
|
|
|
|
|
Surplus/(deficit)
from ordinary activities after taxation |
|
|
|
|
|
&
transferred to reserves |
10 |
14,860 |
|
31,648 |
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CONTINUING
OPERATIONS |
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None of
the company's activities were acquired or discontinued during the current
year or previous year. |
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TOTAL
RECOGNISED GAINS AND LOSSES |
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The
company has no recognised gains or losses other than the profits for the current
year or previous year. |
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The notes
form part of the financial statements. |
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Page last modified: 19th Apr 2008 - 21:40:53