FINANAL STATEMENTS 2020
Revenue 2020 2019
| Interest | |||
| Tournament / Dinners | 56,363 | 124,781 | |
| Membership dues | 6,800 | ||
| Annual General Meeting | 2,790 | ||
| Fifty-fifty draw | 2,335 | ||
| Accessory sales | |||
| Interest | 137 | 215 | |
| . | |||
| Total | 56,490 | 136,921 | |
| . | |||
| Expenses | |||
| . | |||
| Tournament / Dinners | 55,372 | 122,384 | |
| Honoraria | 2,600 | 2,600 | |
| Annual General Meeting | 2,760 | ||
| Accessory sales cost | 155 | ||
| Advertising / Promotion | |||
| Prizes | 4,289 | ||
| Executive meetings | 74 | 638 | |
| Postage / Printing | 238 | 517 | |
| Donations | 750 | 750 | |
| Roster printing | 302 | ||
| Handicap software | 304 | 328 | |
| President’s jacket | 300 | ||
| Bank charges | 6 | 59 | |
| . | |||
| Total | 59,344 | 135,081 | |
| . | |||
| Income (loss) for the year | (2,854) | 1,840 | |
| Unrestricted net asseset beginning | 11,937 | 10,097 | |
| . | |||
| Unrestricted net assets end of year | 9,083 | 11,937 | |
| . | |||
| Financial Position December 31 | |||
| . | |||
| Assets | |||
| Cash | 7,290 | 11,680 | |
| Inventory | 1,793 | 557 | |
| . | |||
| 9,083 | 12,237 | ||
| . | |||
| Liabilities | |||
| Current | 300 | ||
| Members Equity | 9,083 | 11,937 | |
| . | |||
| 9,083 | 12,237 |