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6
WESTMINSTER ST. PAUL’S PRESBYTERIAN CHURCH
TREASURER’S REPORT
DECEMBER 31, 1989
I would like to comment on the following financial reports
contained herein.
1. Balance Sheet
2. Statement of Revenue and Expenses
3. Schedule of Church, and Manse expenses
4. Proposed Budget - 1990
1. Balance Sheet
Bank
Bank can be summarized as follows:—
1989 1988

Trust account $500 $500
Savings account 11,289 11,123
Transfer clearing account (9, 463) (6, 223)
Cash on hand 2326 5S» 400
Due to Crieff Hills = (3,500)
Due to P.C.1.C. = (60)
Bank (Indebtedness) $2,326 $1, 840
It should be noted, that the $2,000 transferred to the Property
Fund in January was returned to the general operating fund in June.
Property fund
As at December 31, 1989 there was $2,280 in the fund.
Prepaid expenses
Prepaid expenses consisted of insurance premiums paid to April 4;
1990.
Fixed assets
There were no additions to Fixed Assets in 1989.
Accounts payable
The Accounts payable was the Manse service charge for the month of
December from Bell Canada.
Members equity
Members equity increased in 1989 by the operating surplus $564
and the contributions to the Property fund of $2,239.

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