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

The balance in the UKIESIAM account at the start of the accounting period,
November 1st 2003, was 239.67 pounds. 

Income
------

The only income has been the 3125 US dollars paid by SIAM in a single
instalment.
*  $3125 on 6  January 2004....................... 1680.00 pounds
*  Bank interest..................................    3.58 pounds
                                                  ----------------
                                            Total  1683.58 pounds

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

* Net cost of annual meeting at University of
  Sheffield (see breakdown below).....................   732.94 pounds
* Contribution to Frontiers in Computational Mathematics 
  meeting in Manchester (January 2004)................   150.00 pounds
* Four student prizes at BAMC, East Anglia............   200.00 pounds
* Student prize at XI Durham Summer School ...........    50.00 pounds
                                                      ----------------
                                                 Total  1132.94 pounds
                                       
Current Balance
---------------

The current balance at October 31st 2004 is therefore 790.31 pounds.


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

Annual Meeting at University of Sheffield (January 9th 2004)
------------------------------------------------------------

Income
------
54 paying customers (at 15 pounds each)...........  810.00 pounds
                                                  ----------------
                                            Total   810.00 pounds

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

* Lunches, morning and afternoon teas/coffees.......  810.00 pounds
* Meals for speakers and committee..................  125.00 pounds
* Evening meal for speakers.........................    0.00 pounds
* Speaker expenses (Dongarra).......................   14.85 pounds
* Speaker expenses (Fitt)...........................   89.30 pounds
* Speaker expenses (Fitzpatrick)....................  114.00 pounds
* Section President's expenses......................   80.65 pounds
* Section Vice President's expenses.................  258.00 pounds
* Section Secretary's expenses......................   30.20 pounds
* Badges............................................   20.94 pounds
                                                     --------------
                                            Total    1542.94 pounds

                                      Net balance    -732.94 pounds


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

For the financial year commencing 1st November 2005 the section is committed 
to the following expenditure:

*) Student Prizes at the joint 47th BAMC and 57th BMC in Liverpool, 
   April 2005 200 pounds.
*) support as required for the Annual Meeting in Cork, RoI, January 2005.