Annual Statment of Finances 
----------------------------

The balance in the UKIESIAM account at the start of the accounting period,
November 1st 2002, was 582.40 pounds. 

Income
------

The only income has been the 2500 US dollars paid by SIAM in a single
instalment.
*  $2500 on January 16th 2003..................... 1526.18 pounds
*  Bank interest..................................    1.56 pounds
                                                  ----------------
                                            Total  1527.74 pounds

Expenditure
-----------

* Net cost of annual meeting at University of
  Bath (see breakdown below).....................  1620.47 pounds
* Contribution to Differential Equations meeting in
  Dublin, Ireland (June 2003).....................  250.00 pounds
                                                  ----------------
                                            Total  1870.47 pounds
                                       
Current Balance
---------------

The current balance at October 31st 2003 is therefore 239.67 pounds.


=========================================================================

Annual Meeting at University of Bath (January 10th 2003)
--------------------------------------------------------------

Income
------
45 paying customers (at 12 pounds each)...........  540.00 pounds
                                                  ----------------
                                            Total   540.00 pounds

Expenditure
-----------

* Lunches, morning and afternoon teas/coffees.......  540.00 pounds
* Accommodation, meals for speakers and committee ..  282.62 pounds
* Evening meal for speakers.........................  169.00 pounds
* Speaker expenses (Billingham).....................   50.00 pounds
* Speaker expenses (Byrne)..........................   75.00 pounds
* Speaker expenses (Arnold).........................  629.65 pounds
* Speaker expenses (Toint)..........................  300.00 pounds
* Section President's expenses......................   69.05 pounds
* Section Secretary's expenses......................   45.15 pounds
                                                     --------------
                                            Total    2160.47 pounds

                                      Net balance  -1620.47 pounds


============================================================================

For the financial year commencing 1st November 2003 the section is committed 
to the following expenditure:

* support as required for the Annual Meeting in Sheffield in January 2004;
* 200 pounds to fund  four SIAM student prizes at the BAMC Conference in 
  Norwich in April 2004.