TREASURER'S ANNUAL REPORT

The Potters’ Guild ended 1988 with a healthy growth in its members’ equity, as shown by the 1988
balance sheet. This came about mainly through increased sales in the Gallery of B,C, Ceramics, and
the projection for 1989 ts for continued growth.

Kathryn Youngs will be Treasurer for the coming year and she will be assisted by Jan Kidnie, the Office
Administrator, Coralie Triance, the Gallery Manager, and Judi Hopkins, the Guild Accountant. Best
wishes to all of them for the coming year. They have all contributed enormously toward making the
Guild's financial records complete.

Terry Ryals
POTTERS GUILD OF B.C.
BALANCE SHEET
AS AT DECEMBER 31, 1988
ASSETS 1988 1987
CURRENT
Cash and term deposits 43,840.49 $2,323.33
Float - Gallery of B.C. Ceramics 147.26
Accounts receivable 3,508.06 5,506.36
Deposit -B.C. Telephone 100.00 100.00
Prepaid expenses - Gallery of B.C. Ceramics 52.00 63.50
47,647.81 37,993.19
FIXED
Furniture and fixtures 8,704.67 4,443.52
56,352.48 42,436.71
LIABILITIES
CURRENT
Accounts payable @ accrued liabilities 20,679.20 18,496.21
MEMBERS EQUITY
Equity at beginning of year 23,940.50 15,332.60
Profit and loss 11,732.78 8,607.90
Equity at end of year 35,673.28 23,940.50
56,352.48 42,436.71