|
Canadian Wayfarer
Association
Balance
Sheet Accrual
Basis As
of December 31, 2008
|
Dec 31,
08
|
Dec
31, 07
|
|
ASSETS
|
|
|
Current
Assets
|
|
|
Chequing/Savings
|
|
|
Canada
Trust
|
2,403.64
|
617.57
|
|
Total
Chequing/Savings
|
2,403.64
|
617.57
|
|
Other
Current Assets
|
|
|
|
Term
Deposit
|
3,000.00
|
3,301.56
|
|
Total
Other Current Assets
|
3,000.00
|
3,301.56
|
|
Total
Current Assets
|
5,403.64
|
3,919.13
|
|
TOTAL
ASSETS
|
5,403.64
|
3,919.13
|
|
LIABILITIES
& EQUITY
|
|
|
|
Liabilities
|
|
|
|
Current
Liabilities
|
|
|
|
Accounts
Payable
|
|
|
|
Accounts
Payable
|
1,283.34
|
0.00
|
|
Total
Accounts Payable
|
1,283.34
|
0.00
|
|
Total
Current Liabilities
|
1,283.34
|
0.00
|
|
Total
Liabilities
|
1,283.34
|
0.00
|
|
Equity
|
|
|
|
Retained
Earnings
|
3,919.13
|
5,975.83
|
|
Net
Income
|
201.17
|
-2,056.70
|
|
Total
Equity
|
4,120.30
|
3,919.13
|
|
TOTAL
LIABILITIES & EQUITY
|
5,403.64
|
3,919.13
|
|
|
Canadian
Wayfarer Association
Profit
& Loss January through December 2008
|
Jan
-Dec 08
|
Jan
-Dec 07
|
$
Change
|
|
Income
|
|
|
|
Membership
Dues
|
2,003.98
|
1,597.80
|
406.18
|
|
Regattas
(Less Trophies)
|
|
|
|
|
North
Bay Regatta
|
0.00
|
100.00
|
-100.00
|
|
Ontarios
|
|
|
|
|
Ontarios
-Income
|
198.00
|
0.00
|
198.00
|
|
Total
Ontarios
|
198.00
|
0.00
|
198.00
|
|
Canadians
|
|
|
|
|
Canadians
-Income
|
65.00
|
155.00
|
-90.00
|
|
Canadians
-Expenses
|
0.00
|
-280.00
|
280.00
|
|
Total
Canadians
|
65.00
|
-125.00
|
190.00
|
|
Trophies
|
-675.07
|
-1,030.58
|
355.51
|
|
Total
Regattas (Less Trophies)
|
-412.07
|
-1,055.58
|
643.51
|
|
A.G.M.
|
|
|
|
|
A.G.M.-Expenses
|
-1,050.00
|
-1,106.00
|
56.00
|
|
A.G.M.
-Income
|
1,109.69
|
1,121.00
|
-11.31
|
|
Total
A.G.M.
|
59.69
|
15.00
|
44.69
|
|
Total
Income
|
1,651.60
|
557.22
|
1,094.38
|
|
Expense
|
|
|
|
|
Postage
|
0.00
|
28.96
|
-28.96
|
|
Publications
(Less Advertising)
|
752.30
|
1,166.99
|
-414.69
|
|
Boat
Show
|
509.35
|
510.22
|
-0.87
|
|
General
|
380.59
|
1,006.45
|
-625.86
|
|
Bank
Charges
|
6.72
|
12.68
|
-5.96
|
|
Interest
Earned
|
-198.53
|
-111.38
|
-87.15
|
|
Total
Expense
|
1,450.43
|
2,613.92
|
-1,163.49
|
|
Net
Income
|
201.17
|
-2,056.70
|
2,257.87
|
|