Treasurer Party accounts are now kept in a hard copy "pen and paper" method as agreed. This has not prevented a number of small "surpluses" over the last six months when our bank balance shows more money that can be accounted for in the books. The EC has agreed to ignore these as the effort expended in reconciling the accounts exceeds the sums involved. I have produced a six-month Statement of Account report on the Party's Income and Expenditure for the period January to June 2004. As you can see our finances are in a reasonably healthy condition with a sum in excess of £125,000.00 still on deposit. This sum will be reduced considerably by the work that needs to be done so that HO meets the requirements of our Insurers, and by other projects approved by the Party. You will also note that our expenditure still exceeds our income and that Party activity is overly reliant on donations and legacies.  I would suggest that the Party seriously address this potential problem while we still have time to deal with it rationally rather than as an emergency measure. G. Thomas (Treasurer)