Fishers Farm Homeowner's Association, Inc.					10:42 AM
Balance Sheet					05/31/2004
As of May 31, 2004					Accrual Basis
					May 31, 04
ASSETS
	Current Assets
		Checking/Savings
			Huntington		11,207.36
			Long Term Maintenance (Long Term Maintenance)		1,000.84
		Total Checking/Savings			12,208.20
		Accounts Receivable
			Accounts Receivable		444.60
		Total Accounts Receivable			444.60
		Other Current Assets
			Payments Received		91.52
		Total Other Current Assets			91.52
	Total Current Assets				12,744.32
TOTAL ASSETS					12,744.32
LIABILITIES & EQUITY
	Liabilities
		Current Liabilities
			Accounts Payable
				Accounts Payable	718.69
			Total Accounts Payable		718.69
			Other Current Liabilities
				Unearned Revenue (Unearned Revenue)	2,591.61
			Total Other Current Liabilities		2,591.61
		Total Current Liabilities			3,310.30
	Total Liabilities				3,310.30
	Equity
		Opening Bal Equity			72.69
		Retained Earnings			11,157.83
		Net Income			-1,796.50
	Total Equity				9,434.02
TOTAL LIABILITIES & EQUITY					12,744.32