| BRENHAM CHILDREN'S CHORUS | ||||||
| STATEMENT OF CURRENT CONDITION | ||||||
| YEAR ENDED MAY 31, 2005 | ||||||
| ASSETS | ||||||
| Cash and Bank Accounts | ||||||
| Brenham National Bank-General Account | $22,830.43 | |||||
| Guaranty Bank-Investments | 40,931.08 | |||||
| Guaranty -Debit Operating | 3,045.15 | |||||
| Less Reserves for 2005-2006 Scholarships | -12,895.00 | |||||
| TOTAL Cash and Bank Accounts | ŻŻŻŻŻŻŻŻŻŻ | $ 53,911.66 | ||||
| Other Assets | ||||||
| Ads/Coupons Receivable | 110.00 | |||||
| Music Library | 4,258.41 | |||||
| Wardrobe-Choristers | 1,179.39 | |||||
| TOTAL Other Assets | ŻŻŻŻŻŻŻŻŻŻŻ | 5,547.80 | ||||
| TOTAL ASSETS | $ 59,459.46 | |||||
| LIABILITIES | ||||||
| Provision for Concert Exp 2005-06 | $(15,000.00) | |||||
| Provision for Music Library Additions | -4,000.00 | |||||
| Provision for Ornament Sales Sp Fund | -2,590.00 | |||||
| Provision for unbilled expenses | -1,000.00 | |||||
| Provision for Wardrobe Exp next year | -13,000.00 | |||||
| TOTAL LIABILITIES | ŻŻŻŻŻŻŻŻŻŻŻ | $(35,590.00) | ||||
| ŻŻŻŻŻŻŻŻŻŻŻ | ||||||
| EXCESS OF ASSETS OVER LIABILITIES | $ 23,869.46 | |||||