Balance Sheet

The British Sub Aqua Club
Annual Report & Accounts 2005
Consolidated Balance Sheet
As at 31 December 2005

		Notes	2005		2004
			Group	Company	Group	Company
			£	£	£	£
Fixed assets
	Tangible fixed assets	6	443,083	443,083	447,675	447,675
	Investments	7	8	10	8	10
			______	______	______	______
			443,091	443,093	447,683	447,685

Current assets
	Stocks		206,205	206,205	227,321	226,258
	Debtors	8	162,941	143,558	247,539	168,016
	Cash at bank & in hand		82,667	27,765	120,678	108,020
			______	______	______	______
			451,813	377,528	595,538	502,294
Current liabilities
	Creditors: Amounts falling due within one year	9	(779,623)	(792,364)	(808,364)	(817,736)
			______	______	______	______
Net current assets/(liabilities)			(327,810)	(414,836)	(213,096)	(315,442)

Total assets less current liabilities			115,281	28,257	234,587	132,243

	Creditors: Amounts falling due after more than one year	9	-	-	(148,630)	-
			______	______	______	______
Net assets			115,281	28,257	85,957	132,243

Funded by Reserves:
	Income & expenditure reserve	10	1,618	(85,406)	(27,706)	18,580
	Revaluation reserve	13	113,663	113,663	113,663	113,663
			______	______	______	______
Accumulated fund		11	115,281	28,257	85,957	132,243

These financial statements have been prepared in accordance with the special provisions of
Part VII of the Companies Act 1985 applicable to small companies and groups and with the Financial
Reporting Standard for Smaller Entities (effective June 2005).

Approved by Council on 11 March 2006 and signed on its behalf by:

MFG Allen
Chairman

A Hall
Honorary Treasurer

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Page last modified: 14th Jun 2006 - 10:57:59

BSAC

Balance Sheet