Consolidated Income & Expenditure Account
Annual Report & Accounts 2005
Consolidated Income & Expenditure Account
For the Year to 31 December 2005
| Notes | 2005 | as restated 2004 | |
|---|---|---|---|
| £ | £ | ||
| Income | |||
| Subscriptions | 1,340,129 | 1,359,351 | |
| Retail sales, exhibitions & related events | 570,861 | 612,375 | |
| Diver training/ Instructor courses | 265,569 | 265,624 | |
| Overseas royalties & fees | 76,206 | 110,482 | |
| Sponsorship & grant funding | 10,000 | 13,000 | |
| Other income | 48,694 | 68,451 | |
| 2,311,459 | 2,429,283 | ||
| Expenditure | |||
| Membership direct costs | (849,657) | (913,420) | |
| Retail, exhibitions & related events | (374,973) | (370,615) | |
| Diver training/ Instructor courses & development | (359,672) | (347,532) | |
| HQ & other BS-AC administration costs | (693,514) | (681,180) | |
| BSAC International & other overseas activities | (38,875) | (54,884) | |
| Sponsorship & grant funding utilised | (10,000) | (13,000) | |
| Other expenditure | (25,050) | (33,531) | |
| Project Neptune expenditure | (30,000) | - | |
| (2,381,741) | (2,414,162) | ||
| Operating surplus/(deficit) | 3 | (70,282) | 15,121 |
| Exceptional overseas income | 16 | 148,630 | - |
| Surplus from ordinary activities before interest | 78,348 | 15,121 | |
| Bank interest receivable | 4,711 | 7,856 | |
| Bank interest payable | - | (2,341) | |
| Surplus from ordinary activities before taxation | 83,059 | 20,636 | |
| Taxation | 5 | (5,012) | (28,967) |
| Exceptional deferred taxation | (48,723) | - | |
| Surplus/(deficit) from ordinary activities after taxation & transferred to reserves | 10 | 29,324 | (8,331) |
Page last modified: 14th Jun 2006 - 10:58:22