TREASURER'S ANNUAL REPORT

The Potters’ Guild ended 1989 with a healthy growth in its members equity, as show by the
1989 balance sheet. This came about essentially because of Increased sales in the Gallery

af B.C. Ceramics.

- Kathryn Youngs

ASSETS 1989 1988
CURRENT
Cash and Term Deposits $63,127.46 43,987.75
Accounts receivable 772.56 3,508.06
Deposit-B.C, Telephone 100.00 100.00
Prepaid Expenses-Gallery —130.22 —52.00
64,130.24 47,647.81
8,618.62 8,704.67
TOTAL ASSETS a 72,748.86 56,552.48
LIABILITIES:
CURRENT
Accounts payable and
Accrued Liabilities 25,702.85 20,679.20
1990 Membership Fees 1,325.00 _
27,512.85 20,679.20
MEMBERS EQUITY
Equity at beginning of year 35,673.28 23,940.50
Equity at end of year 45,236.01 35,673.28
TOTAL LIABILITIES 72,748.86 56,352.48