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AppENDIx


                  Example simple statement of assets and liabilities





                   Statement of assets and liabilities for year ending 30/6/07

                       2006                                                                   2007

                   Cost                                                                       Cost
                                  Assets

                   20             Petty cash float                                               20

                   680            Cash at bank                                                 163

                                  Deposits (building society)                                  500

                   160            Furniture and equipment                                      520

                   860            Total                                                      1 203




                                  Liabilities

                   82             Debts owed by us                                               68
                   26             Outstanding wages                                            145

                   108            Total                                                        213



                   752            Surplus/deficit                                              990


































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