ACCOUNTS FROM 1 OCTOBER 2003 TO 30 SEPTEMBER 2004

North West Essex and East Herts Preservation Association (NWEEHPA)
incorporating the Stop Stansted Expansion (SSE) campaign (see Note 3)

Income & Expenditure

	2004		2003
INCOME
Individual memberships & donations	106,211		102,595
Local authorities & societies	9,244		17,993
Net donations from fund raising activities	41,703		69,480
Contributions specifically towards legal costs	17,058		20,553
	----------		----------
Total Income	£174,216		£210,621
	----------		----------
EXPENDITURE
Staff costs (see Note 1)	81,987		95,793
Consultants (see Note 1)	9,073		9,813
Legal costs	35,892		51,899
Printing, stationery & distribution	42,218		38,615
Office and general expenses	12,492		15,886
	----------		----------
Total Costs (see Note 2)	£181,662		£212,006
	----------		----------
Net surplus / (deficit) for the period	(7,446)		(1,385)
Add: Accumulated surplus from prior periods	23,234		24,619
	----------		----------
Accumulated Fund	£15,788		£23,234
	----------		----------
Represented by:
Bank accounts	55,453		42,464
Function money to be received	1,405		8,177
Less:
Due to suppliers	(11,070)		(11,549)
Estimate of outstanding legal costs	(30,000)		(15,858)
	----------		----------
Net Assets	£15,788		£23,234
	----------		----------

Note 1:  The cost of paying for people is split between Staff and Consultancy costs. Staff costs relate to services provided by the campaign director, office manager and Parliamentary lobbyist. Consultancy costs are incurred from time to time when professionals are engaged for a specific piece of work. The vast majority of SSE's activities is undertaken by volunteers.

Note 2:  Expenditure includes only SSE's share of costs incurred in activities that were conducted in collaboration with local authorities or other campaign supporters.

Note 3:  These accounts have been externally examined and show the state of affairs at 30 September 2004 and for the year ended on that date.