|
CLUB
NEWS...
|
|
Memberships
Currently, the club has
one membership for sale. Please contact Wayne M. if
interested in becoming an owner/member.
Click here for more
information
|
Two New
Cloud One Members Expected to Get their Pilots License
Soon.
During the last couple
of months Cloud One has excepted four new membership
applications, Pat R., Bill H., Erich B. and Jeremy S.
Welcome to the club gentlemen! |
|
OUR
CESSNA IS BACK!
click here for more Cessna
news |
Upcoming
Meetings
Cloud One Owners meetings will be held on:
June 4th, 2008
August 6th, 2008
October 1st, 2008
Unless otherwise noted, meetings are
scheduled at Executive
Beechcraft conference room at the Downtown Airport 7PM. |
|
|
|
|
As of 2/1/2008 our club valuation
is as follows.
|
|
|
|
|
Jan 31, 08 |
|
ASSETS |
|
|
|
|
Current Assets |
|
|
|
|
Checking/Savings |
|
|
|
|
|
Community America Checking |
937.03 |
|
|
|
|
Community America Savings |
120.87 |
|
|
|
|
Freedom Money Market |
9,981.13 |
|
|
|
Total Checking/Savings |
11,039.03 |
| |
|
Accounts Receivable |
|
|
|
|
|
Accounts Receivable |
4,568.00 |
|
|
|
Total Accounts Receivable |
4,568.00 |
| |
Total Current Assets |
15,607.03 |
| |
Fixed Assets |
|
|
|
|
Piper Arrow PA28R - N4669J |
70,000.00 |
|
|
|
Cessna 172 - N1436U |
60,000.00 |
|
|
Total Fixed Assets |
130,000.00 |
|
TOTAL ASSETS |
145,607.03 |
|
LIABILITIES & EQUITY |
|
|
|
Equity |
|
|
|
|
|
Opening Bal Equity |
|
|
|
|
|
Aircraft Valuation Adjustment |
15,700.00 |
|
|
|
|
Opening Bal Equity - Other |
123,327.64 |
|
|
|
Total Opening Bal Equity |
139,027.64 |
| |
|
Prior Years Equity Increase |
5,123.10 |
|
|
|
Net Income |
1,456.29 |
|
|
Total Equity |
145,607.03 |
|
TOTAL LIABILITIES & EQUITY |
145,607.03 |
|
|
|