114 BR. J. ENT. NAT. HIST., 7: 1994 



Notes to the accounts year to 31st December 1993 



Accounting policies 



(a) The accounts are prepared under the historical cost convention. 



(b) The costs of building and equipping leasehold premises at Dinton Pastures Country Park 

 have been capitalized. The total cost of these premises which were completed during the 

 year to 31st December 1993 are being amortized over the term of the lease. The first 

 amortization charge was made in 1993. 



(c) The value of the library, collections, ties, back numbers of proceedings and journals and 

 the computer system is not included in these accounts. Current expenditure on such items 

 is written off to the income and expenditure account. 



(d) Donations and legacies are brought into account when they are received by the society. 



(e) Surpluses (or deficits) arising on the special publications fund which accounts for publications 

 primarily for sale are transferred to that fund to finance future publications. 



Investments 



1230 Shell T&T 25p Ord. 



750 Unilever 5p Ord. 



6270 M&G Charifund Units 



2450.90 Treas. 9!/ 2 % 1999 



3863.71 Treas. 8%% 1997 



3882.90 Treas. 9% 1994 



Investment bonds 



Hendersons 

 Sun Life 

 Barings 



Book value at cost 



Market value 



General & 



Hering 





bequest 



memorial 





477.79 



771.83 



8991 



248.45 





9322 



19091.17 



1147.24 



47386 



771.22 



1621.21 



2665 



3687.94 





4087 



3759.57 





4038 



28036.14 



3540.28 



76489 



Total 







58000.00 







56000.00 







25000.00 







139000.00 







Fund movements 



The housing fund representing the cost of the Dinton Pastures building has been augmented 

 by a further transfer from the bequest fund. A grant has also been made from the bequest fund 

 towards the cost of colour plates shown in the publications account and towards the general 

 running of the society. 



Report of the auditors to the members 



We have examined the financial statements attached which have been prepared in 

 accordance with the recommendations of SORP2. 



We have audited the financial statements annexed in accordance with approved 

 auditing standards. 



In our opinion the financial statements which have been prepared under the 

 historical cost convention give a true and fair view of the state of the Society's 

 affairs at 31st December 1993 and of its income and expenditure for the year 

 then ended. 



Col. D. H. Sterling 

 R. A. Bell 



