NORTHERN ROWING COUNCIL
    Income and Expenditure statement
    Year ending 30 September 2005
    
    2004 		Income					2005
    £												£
    400.00 		Junior Singles Income			500.00
    2019.24 		ARA Rebate( note 1) 			nil 
    4081.96 		Scull Series Entry Fees(2004) 		4963.90
    175.00 		JIRR entry fees				195.00
    
    6676.20										5658.90
    
    
    Expenditure
    
    617.00 		JIRR Team Entry Cost_			617.00
    3412.23 		Sculling Series Costs			3361.66
    40.00 		Admin Costs(note 2) 			64.63
    140.91 		Equipment repairs (note3) 		259.37  
    202.60 		Coach of Year Costs			255.65
    480.00 		ARA J16 Camp ( note 4) 			500.00
    40.00 		Travel Costs 				nil
    120.00 		Catering 				nil
    nil 		Coaching Courses (note 5) 		150.00
    
    5052.74										5208.31
    
    1623.46 		Surplus Income over Expenditure		450.59
    
    6676.20										5658.90
    
    Opening bank balance 01/10/2004 	£4620.28
    Plus surplus	£ 450.59
    Closing bank balance 30/9/2005 	£5070.59
    
    Hon treasurer
    Hon auditor
     
    
    NOTES TO FINANCIAL ACCOUNTS 30/9/2005
    
    NOTE (1) ARA rebate for this period not yet received, estimate approx £750
     	On past figures. The figure in 2004 covered 2 years
    
    NOTE (2) Admin cost - this is the cost of the purchase of the domain name 
    'NEROWING'
    
    NOTE (3) Junior Singles replacement of seats, shoes, runners and small repairs
    
    NOTE (4) The region made a decision two years ago to finance the top boy and 
    girl in the region to the Annual ARA J16 Sculling Camp
    
    NOTE (5) This is re-imbursement of the cost of tutors and assessors fees
    
    Joy Granlund Treasurer'