cq~)~* d023qy PIERCELAND RECREATION ASSOCIATION July 31, 2015 Debra Johnson Box 292 Pierce land, Sask SOM2KO (Unaudited - See Notice to Reader)

Size: px

Start display at page:

Download "cq~)~* d023qy PIERCELAND RECREATION ASSOCIATION July 31, 2015 Debra Johnson Box 292 Pierce land, Sask SOM2KO (Unaudited - See Notice to Reader)"

Gerard Malone
5 years ago
Views:

1 cq~)~* d023qy FINANCIAL STATEMENTS (Unaudited - See Notice to Reader) July 31, 2015 Debra Johnson Box 292 Pierce land, Sask SOM2KO

2 ,- PAGE 2 July 31,2015 INDEX Notice to Reader Page 3 Balance Sheet Page 4 Statement of Contributed Surplus Page 5 Statement of Income - Combined Page 6 Statement of Income - Special Projects Page 7 Schedule 2 - Hall & Arena Expenses Page 7 Statement of Income - Grants Page 7 Statement ofincome - Summer Slam Page 8 Statement of Income - Pierceland Minor Ball Page 8 Statement ofincome - Rodeo Page 9 Statement of Income - Rodeo Queen Page 10 Statement of Income - Haunted House Page 10 Statement ofincome - Arena Booth Page 11 Statement of Income - Bingo Committee Page 11 Statement of Income - Entertainment CommitteelMini Golf Page 12 Statement of Income - Pierceland Minor Hockey Page 13 Statement of Income - Archery Club Page 14 Statement of Income - Pierce1and Figure Skating Page 14 Schedule 1 - Cash on Hand and in Bank Page 15

3 PAGE 3 Notice to Reader I have compiled the balance sheet of the Pierceland Recreation Association as at July 31, 2015, and the statements of income for the year then ended from information provided by the organization. I have not audited, reviewed or otherwise attempted to verify the accuracy or completeness of such information. Accordingly, readers are cautioned that these financial statements may not be appropriate for their purposes.

4 Balance Sheet As At July 31,2015 PAGE 4 Current Assets ASSETS Cash - $ 269, $ 238, Goods & Services Tax Recoverable 2, , Receivables 2, , , , Long Term Assets Funds for Long Term Projects 6, , Sports Grounds Improvements 49, , Raffle Account 32, , Hall Improvements 40, , , , $ 403, $ 419, Current Liabilities Accounts Payable Prepaid Hall Rent LIABILITIES $_ CONTRIBVTEDSURPLVS Contributed Surplus, per statement s 403, $ 419, $ 403, $ 419,788.83

5 PAGES Statement of Contributed Surplus Contributed Surl!lus, beginning of~ear $ 419, $ 358, Adjustments (18,679.24! ' Net Income (loss) for the year- Per combined Income Statement $ 2, $ 62, Contributed Surplus, end of year $ 403, $ 419, ADJUSTMENTS Cancel Grant Receivable 2014 Clear Stale dated Cheques Clear mise adjustments TOTAL (20,00) 1, (344.00) (18,679.24) ~~~ J~vt1lt~r ~

6 Income Statement- Condensed PAGE 6 Hall Rental Hall Expenses - per statement Page 7 Rentals - Other & Damage Deposits Ice Machine Revenue Interest Donations Recycle Bottles & Miscellaneous Sports Grounds IncomelExpense Grants - per statement Page 7 Other Rec Hockey Fees Skating Fees and Ice Rental Arena - Sign Ads Arena- Miscellaneous Revenue Arena Expenses - per statement Page 7 Special Projects - per statement Page 7 Summer Slam - per statement Page 8 Pierceland Minor Ball- per statement Page 8 Rodeo - per statement Page 9 Rodeo Queen - per statement Page 10 Haunted House Committee Page 10 Arena Booth Committee - per statement Page 11 Bingo Committee - per statement Page 11 Entertainment Committee - per statement Page 12 Entertainment - Mini Golf - per statement Page 12 Pierce land Minor Hockey - per statement Page 13 Archery Club - per statement Page14 Pierceland Figure Skating - per statement Page 14 Bank Charges and interest Postage and office supplies Website Maintenance Accounting and Legal Clerical Insurance Memberships Advertising Wages & Employee Benefits= per statement Page 7 Donations paid out Grant % - Grant worker Miscellaneous Revenue Expenses Net Net $ 19, $ $ 19, $ 22, , (54,516.34) (40,618.30) 1, , , , , (3,262.01) (1,214.87) 31, , , ,40 5,40 6, , , , , , , , , , , , , , , , , , , , , , , , , , , , (36,484.06) (105,979.52) 21, , , , , , , , (128.00) 1, , , , , , , , , (3,218.42) 10, , (1,299.44) 3, , (6.00) '(7.80) (910.60) (326.71) (365.11) (96) (1,320,00) (18,131.00) (16,800,00) (10,339.16) (8,872.23) (7) (70,00) (324.00) (101.08) (18,203.11) (15,286.89) (20) (7,515.00) (3,855.20) (4) $ 414, $ 4,;,;;1_2.;,;;,3_2_8..;.0_3 ~~.;.;...;. 2, $ 62, ;.;..;;...;..;.. r~~i ~~ ~~~LQ) fa) of V 4i!t (pc< ~~~.

7 Special Projects PAGE 7 Toy/Turkey bingo - net Quad Rally Chili Cook Off Puck N Funny - Minor Hockey NFG Tournament - Minor ball Trip of the Month Net Income 2015 Income $ 5, , Expense 2015 Net 2014 Net 5, $ 4, , , ,215.l $ 55,68280 $ 34 6]7 28 $ $ Schedule 2 - Hall & Arena Expenses Hall Expenses Janitorial Supplies $_---=c"""""=_'''_~ $ Repair and maintenance Caretaker Power Gas Telephone Sewer and water Special Proiects- Hall Improvements l7 Miscellaneous Net Exoense $_ UM.I.a. Arena Expenses Supplies Maintenance Caretaker Sewer and water Power Gas Telephone Zamboni repairs & propane Concession Arena Renovations Arena Miscellaneous Net Expense ~~~HiJ~ $ ~U~laJU $ , , ,698.l , , ,20 6,10 3, , $_~u..>!;>21..."'- 36, $ 105, WAGES & EMPLOYEE Mini Golf Wages Bingo Manager EI Expense CPP Expense Vacation Pay Exp WCB Expense Bingo Caller BENEFITS 5, , , , ,55 Total Wages & Benefits 18, Grant Breakdown Sask Sport Student Works Sask Parks & Rec R.M. Beaver River No,. 622 Sask Liquor & Gaming Pierceland Credit Union Federal Grant 16 2,500,00 5,000,00 24, $ 31,954,41

8 SUMMER SLAM PAGE 8 SUMMER SLAM ENTRY FEE $ 5,60 BUCK OFF DANCE 4, SUMMER SLAM SUMMARY BOOTH 3, STARTING BALANCE $ RAFFLE ADD: NET 21, BEER GARDENS 6, LESS: NET EXPENSES 18, BOTTLES TSF TO REC ASSOC SERVICE CHARGE REFUND MOVED TO REC ACCT 3, TOTAL $ 21, FR MINOR BALL ACCT EXPENSES ENDING BALANCE $ UMPS 2, DJ BALANCE OF CHEQUING $ RETURNED CHEQUE 1,20 BALANCE OF SS BOOTH COSTS 2,80 BALANCE OF SHARES LIQUOR 3, STATEMENT BALANCES $ BUCK OFF DANCE 3, PRIZES PAID OUT 4,20 SCOREBOOKSIBALLS TOTAL EXPENSES $ 18, Pierceland Minor Ball REGISTRATION FEES $ 1, DIAMOND RENTAL 1,80 JERSEY BOOTH PAYMENT DONATIONS 86 S.C. REFUND & INTEREST TOTAL $ 4, EXPENSES CLUB FUNDS SUMMARY BALL FEES LAKELAND, STARTING BALANCE $ 3, BASEBALL A, SOFTBALL A $ 25 ADD: NET 4, UMPIRE CLINICS & UMPIRES LESS: NET EXPENSES BALL EQUIPMENT & JERSEYS BALL DIAMONDS UPKEEP LESS: TRANSFER TO REC AS: 5, GROUNDS EXPENSE 20 ENDING BALANCE $ 1, LEAGUE FEES SERVICE CHARGE BALANCE OF CHEQUING $ 1, DONATIONS BALANCE OF SS YEAR END T BALL STATEMENT BALANCES $ 1, TOTAL EXPENSES $ MINOR BALL HOSTED THE FOLLOWING EVENTS FOR THE REC BOARD - LISTED UNDER SUMMER SLAM & SPECIAL SUMMER SLAM - REVENUE 18, EXPENSES NET TO REC BOARD BUCK OFF DANCE - REVENUE EXPENSES NET TO REC BOARD 1,400.99

9 RODEO COMMITTEE PAGE 9 EXPENSES NET PEROGY SUPPER SUPPER $ 11, , $ 9, DECORATIONS (68.25) HALL RENTAL 55 (55) FUNDS SUMMARY LIQUOR SALES/CHARGES 1, (1,302.74) STARTING BALANCE $ 31, ACCOMODATION (313.50) ADD: NET 40, ENTERTAINMENT 5,25 (5,25) LESS: NET EXPENSES 36, ADVERTISING LESS: TRANSFER TO REC ASSOC 25 PEROGY SUPPER $ 11, $ 9, $ 2, DEPOSITED TO RODEO QUEEN AC 5, RODEO SPONSORS 2015 EVENT $ $ ENDING BALANCE $ 29, OTHER 2015 EVENT EXPENSES 7, , BALANCE OF CHEQUING $ 29, STOCK/GATE 14, ,66 4, ACCOUNTGS RECEIVABLE LIQUOR SALES/CHARGES 3, (3,627.17) BALANCE OF SHARES 5.00 RODEO GROUNDS MAINTENANCE 1, (1,585.10) STATEMENT BALANCES $ 29, ANNOUNCER 1,20 (1,20) SPONSORS 2014 EVENT 7, ,17 5, AMBULANCE 1,14 (1,14) BOOTH 2, (2,903.43) WILD PONIES 30 (30) INSURANCE (375.00) BUSINESS FEES & LICENSES 2, (2,755.00) CLOWN 2, (2,304.50) ADVERTISING (302.51) RODEO $ 29, $ 27, $ 1, OTHER LIVESTOCK REV & EXPENSE $ $ OFFICE SUPPLIES INTEREST & BANK CHARGES (103.20) OTHER $ $ $ (103.20) TOTAL $ 40, $ 36, $ 3,905.28

10 Rodeo Queen Contest For the year ended July 31,2015 PAGE 10 EXPENSES NET TICKET SALES $ $ $ QUEEN PRIZES RAFFLE LICENSE ADVERTISING& TICKET PRINTING BANK CHARGES RODEO SHARE ACCOUNT TOTAL $ $ $ FUNDS SUMMARY STARTING BALANCE $ 11, ADD: NET LESS: NET EXPENSES RODEO REVENUE & EXPENSES 5, ENDING BALANCE $ 17, BALANCE OF CHEQUING $ 17, SHARE ACCOUNT 5.00 STATEMENT BALANCES $ 17, Haunted House committee For the year ended July 31,2015 EXPENSES NET QUAD RALLY DONATIONS DONATION TO VILLAGE OF PIERCELAND HAUNTED HOUSE $ 7, , $ $ 8, $ 6, $ 1, FUNDS SUMMARY STARTING BALANCE $ 4, ADD: NET 8, LESS: NET EXPENSES 6, LESS: PRIOR YEAR EXPENSES LESS: REC BOARD ENDING BALANCE $ 6, BALANCE OF CHEQUING $ 6, SHARE ACCOUNT 5.00 OUTSTANDING CHEQUE STATEMENT BALANCES $ 6,457.67

11 PAGE 11 Bingo Committee For the year ended July 31,2015 Income Expense 2015 Net $ 2014 Net Bingo $ 86, $ 65, $ 21, , Nevada 2, , , Confectionery 7, , , , Hamburger Sales Operating Expenses 2, (2,570.04) (5,133.16) Advertising (332.64) (71.28) License Fees 11 (11) (55.00) Service Charges Miscellaneous 30 (30) ** Bingo Caller expense & Manager wages have been moved $ ree board expenses $ 96, $ 74, $ 22, , Arena Booth CLUB FUNDS SUMMARY SALES 30, STARTING BALANCE $ 6, BOOTH WORKERS 55 ADD: NET 30, LESS: NET EXPENSES 19, TOTAL 30, LESS: TRANSFER TO REC 15, LESS: GSTRECOVERABLE EXPENSES ENDING BALANCE $ 2, SUPPLIES BALANCE OF CHEQUING $ 2,50 EQUIPMENT 16, BALANCE OF SS BOOTH WORKERS. 2,66 MEMBERSHIP 5.00 GSTEXPENSE OUTSTANDING DEPOSIT OFFICE SUPPLIES OUTSTANDING CHEQUES TOTAL EXPENSES 19, AIR STATEMENT BALANCE~ $ 2,505.00

12 Fisherman Ball & Fish Fry 44, Tourist Booth Float Other Income (expense) CLUB FUNDS SUMMARY STARTING BALANCE 2, ADD: NET 26, NET TRANSFER TO MINI GOLF TRANSFER TO REC BOARD 23,74 ENDING BALANCE 5, Entertainment Committee For the year ended July 31, Net BALANCE OF CHEQUING $ BALANCE OF SS BALANCE OF SHARES STATEMENT BALANCES $ PAGE Net EXPENSE 18, , , (5) 18, $ 26, $ 14, , , Tourist Booth & Mini Golf 20 Rodeo Booth Grass Cutting Mini Golf Account 2015 EXPENSE $ 2015 Net $ 30% Student Salaries MINI GOLF WAGES MOVED TO REC ASSOC Advertising Student Grant Cheques & Bank Charges (48.00) $ $ 1, CLUB FUNDS SUMMARY STARTING BALANCE ADD: NET LESS: NET EXPENSES TRANSFER FR REC ASSOC TRANSFER TO REC ASSOC ENDING BALANCE 2014 Net 1, , BALANCE OF CHEQUING $ BALANCE OF SS BALANCE OF SHARES 2, BALANCE OF FLOAT STATEMENT BALANCES $

13 PIERCE LAND RECREATION ASSOCIATION Pierceland Minor Hockey HOCKEY SOCKS ETC $ 45 POWER SKATING FEES HOCKEY FEES 13,92 AUCTION 11, INTEREST BOTTLE DRlVE 1, WEBSITE STORE INlTIATION NOVICE ATOM PEE WEE 7.8 BANTAM 108 MIDGET TOTAL FROM TEAMS 3.21 DONATIONS HOCKEY FEES 50 HOCKEY DAY IN SASK 1, TOTAL $ 29, PAGE 13 EXPENSES CLUB FUNDS SUMMARY SHAFEES $ 4,59 STARTING BALANCE $ 32, REFEREE FEES 5, ADD: NET 29, STEP, PROVINCIAL & NSFHL FEES 1, LESS: NET EXPENSES 32, WEBSITE MAINTENANCE TRANSFER TO REC BOARD 6, CLINlCS PRlOR YEAR ADJUSTMENT 13 COACHING FEES 20 ENDING BALANCE $ 22, TOURNAMENT SANCTION FEES HOCKEY SOCKS 1, ADVERTISING BOTTLE DRlVE EXPENSES REC BOARD FUNCTION BALANCEOFCHEQUING $ 22, DONATIONS 5 BALANCE OF BANTAM (5923) HOCKEY DAY IN SASK EXPENSES BALANCE OF ATOM (5931) EQUIPMENT & JERSEYS 5, BALANCE OF PW BOYS (5949) ICE RENTAL 4, BALANCE OF PW GIRLS (5956) ARENA USER FEES 4,08 BALANCE OF INlTIATION (5964) POSTAGE & OFFICE BALANCE OF NOVICE (5972) MISCELLANEOUS 12 BALANCE OF SS YEAR END BANQUET BALANCE OF SHARES 5.00 TROPHIES 1, ACCOUNTS RECEIVABLE HOCKEY AUCTION EXP ACCOUNTS PAYABLE TOTAL EXPENSES $ 32, STATEMENT BALANCES $ 22, MINOR HOCKET HOSTED PUCK N FUNNY EVENT FOR REC BOARD LISTED UNDER SPECIAL EXPENSES TRANSFERRED TO REC BOARD AIR OUTSTANDING FROM 2014 ( SUGGEST THAT IT ISWRITTEN OFF)

14 Archery Club PAGE 14 CLUB FUNDS SUMMARY MEMBERSHIP FEES $ 2, STARTING BALANCE $ 2, DONATIONS 3D TARGETS 4, ADD: NET 9, D SHOOT DEPOSIT 1, TOTAL $ 9, LESS: NET EXPENSES 5, LESS: TRANSFER TO REC EXPENSES TSF FOR GST PAYABLE ENDING BALANCE $ 5, D SHOOT EXPENSES $ 1, PURCHASE 3D TARGETS 4, BALANCEOFCHEQumNG $ 5, BOOTH WORKERS BALANCE OF SS BANK CHARGES MEMBERSHIP 5.00 FURNACE REPAIR ACCOUNT PAYABLE TOTAL EXPENSES $ 5, STATEMENT BALANCES $ 5, Pierceland Figure Skating CLUB FUNDS SUMMARY REGISTRATION FEES $ 3,31 CARNIVAL 3, STARTING BALANCE $ 10, COMMUNITY CALENDAR 5, ADD: NET 13, COMMUNITY EVENT LESS: NET EXPENSES 9, SK. SKATING LOTTERY UNKNOWN EXPENSES INTEREST 6.32 TRANSFER TO REC BOARD 3,00 TOTAL $ 13, ENDING BALANCE $ 11, EXPENSES BALANCE OF CHEQumNG $ 8, BALANCE OF SS 2, SKATE CANADA 2, ACCOUNTS RECEIVABLE CLUB $ TERM DEPOSITS CARNIVAL 2, STATEMENT BALANCES $ 11, COMMUNITY CALENDAR 2, COMMUNITY EVENT COACHING 1, SK SKATING LOTTERY TOTAL EXPENSES $ 9,087.55

15 l PIERCELAND RECREA non ASSOCIA non Schedule 1 - Cash on Hand and in Bank PAGE 15 Recreation Board No Cheguing $ $ III Arena Booth Committee Savings - - No Cheguing $ 2,50 $ 2, Shares Savin~s $ 143, $ III Shares Outstanding Deposit 3, Recreation Board - Long Term Outstanding chegues ~IIII I Special Projects 6, , AIR Poker Tournament $ $ ~ Facilities Improvement 49, , Raffle Account 32, , Summer Slam Committee Hall Improvements 40, , No Chequing $ $ $ 128, $ 96, Savings Shares Bingo Committee $ $ Cash $ 2,13 $ 2,13 No Cheguing Pierceland Minor Hocke~ Savings Cheguing - Combined Accounts $ $ 32, Cheguing , Savings Savings Shares Cheguing Accounts Receivable Savings Accounts Payable Shares $ 22, $ 32, $ 22, $ 19, Pierceland Figure Skating Entertainment Committee No Cheguing $ $ No Cheguing $ 7, $ 2, Savings Savings - Term DeEosits Shares Accounts Receivable 0 $ $ $ $ Mini Golf Pierceland Minor Ball No Cheguing $ $ 2, No Cheguing $ $ Shares Savings Cash Float 20 $ $ ---lo $ $ 2, Haunted Couse Committee Rodeo Queen Contest No Cheguing $ $ No Chequing $ 17, $ 11, Shares Shares $~ $ 4, $ 17, $ 11, Pierceland Archer~ Rodeo Committee No Cheguing $ $ No Chequing $ 29, $ 31, Shares Shares $ $ ----l GST RECOVERABLE ACCOUNTS PAYABLE $ 29, $ 31, TOTAL $ 398, $ 335,165.85

CURRENT FUND EXPENSES $ 81,365 $ 85,625 $ 84, $ 100, % 18.2% $ 14,682 $ 15,447

CURRENT FUND EXPENSES $ 81,365 $ 85,625 $ 84, $ 100, % 18.2% $ 14,682 $ 15,447 MICHIGAN ATHLETIC DEPARTMENT FY 2011 Operating Budget (in thousands) 10/11 over 09/10 FY 09/10 FY 08/09 PROJ FY 10/11 % Change $ Change ACTUAL BUDGET PROJECTED VARIANCE BUDGET Budget Projected Budget Projected