From the Conference
Income and Expenditure Account, Year Ended 31 December 1996
New Zealand Committee for the Scientific Investigation of Claims of the Paranormal (Inc)
Income |
|
| Members’ Subscriptions | 10,051.83 |
| Interest Received | 1,235.08 |
| Surplus from Conference | 635.31 |
| Net Sundry Sales | 259.00 |
| Surplus on visit by R. Dawkins | 1,765.16 |
| Surplus on visit by I. Plimer | 3.03 |
| Total Income | 13,949.41 |
Expenditure |
|
| Newsletter production/distribution | 5,017.81 |
| Stationery | 120.63 |
| Production of Truth Kits | 309.33 |
| Secretarial, clerical | 418.04 |
| Donation, Peter Ellis Defence Fund | 2,500.00 |
| Audit fee and bank charges | 51.50 |
| Total Expenditure | 8,417.31 |
| Excess Income over Expenditure | 5,532.10 |
Balance Sheet as at 31 December 1996 |
||
| Members Funds 1/1/96 | 18,110.43 | |
| Income over expenditure | 5,532.10 | |
| Bank Account | 1,642.53 | |
| Term Deposits | 22,000.00 | |
| 23,642.53 | 23,642.53 | |
Auditor’s Report
I have audited the financial statements of the Committee for the year ended 31 December 1996 in accordance with accepted auditing standards, and have carried out such procedures as I have considered necessary.
In common with other organisations of a similar nature, control over income prior to it being recorded is limited, and there are no practical audit procedures to determine the effect of this limited control.
Subject to the above, in my opinion the financial statements give a true and fair view of the Committee’s financial position as at December 31st 1996 and the results of its activities for the year ended at that date.
F.G. Shaw, ACA (Retd) 10 August 1997 Christchurch
