CHEBUCTO COMMUNITY NET SOCIETY        
Balance Sheet        
Unaudited - see Notice to Reader        
         
As at December 31,        
    2004   2003
         
ASSETS        
         
Current assets        
Cash   $53,532   $70,231
Interest receivable   88   260
HST rebate receivable   4,107   3,604
Prepaids   3,228   3,220
         
    $60,955   $77,315
         
LIABILITIES        
         
Current liabilities        
Accounts payable and accrued liabilities   $6,423   $6,143
Deferred revenue   21,053   21,053
         
    27,476   27,196
         
SURPLUS (DEFICIT)        
         
Surplus   33,479   50,119
         
    33,479   50,119
         
    $60,955   $77,315
         
         
         
         
         
         
         
         
         
NOTICE TO READER
I have compiled this statement from information provided by management. I have not audited, reviewed or otherwise attempted to verify the
accuracy or completeness of such information. Readers are cautioned that this statement may not be appropriate for their purposes.
         
    Johanne N. DesRosiers, C.A.
DARTMOUTH, NOVA SCOTIA   March 26, 2005