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Board of Managers.eo.see ‘ =A.
(7). Tender and bill for church furniture.

We heve hed.a good year. but. we cannot glory in the success of the
past and must. press onwerd. Put your hands into the hand of God. "It
is better and safer than the known wey." E

E. Grift, Cheirman
3 t L. McGillivrey., Secretary
TREASURER'S REPORT
BALANCE SHEET :
AS AT DECEMBER 31, 1976
(with comparative figures for 1975) “
1976 1975
Current assets
Benk $ 216 $ 1,490
Current liabilities x
Bank loan Baa 3 1,940
Accounts peyable : 128 {Ee 23h
Working capitel surplus (deficit) 88 (427)
Fixed assets - at cost : e
Land ~~ 13,015 13,015
Buildings 119,319 119,319
Furnishings 12,112 | | Migs ie
144 446 144 446
Long-term liabilities
Mortgage payable (note 2) 12,500 17,000
i 131,946 127,446
Members' equity (note 1) : $132,034 $227,019

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