BALANCE SHEETS (USD $)	Sep. 30, 2011		Sep. 30, 2010
Current Assets
Cash and cash equivalents	$ 1,801,693		$ 1,727,123
Accounts receivable	23,079		24,584
Inventory	154,455		127,904
Current deferred taxes	73,600		73,300
Prepaid income taxes	1,300
Prepaid expenses	43,877		33,992
Total current assets	2,098,004		1,986,903
Pismo Coast Village Recreational Vehicle Resort and Related Assets - Net	14,081,098		13,966,429
Other Assets	27,059		31,451
Total Assets	16,206,161		15,984,783
Current Liabilities
Accounts payable and accrued liabilities	160,383		161,663
Accrued salaries and vacation	175,549		170,279
Rental deposits	796,158		771,211
Income taxes payable			41,800
Current portion of long-term debt	131,882		114,054
Total current liabilities	1,263,972		1,259,007
Long-Term Liabilities
Long-term deferred taxes	664,000		506,200
N/P Donahue Trans Service	36,587		42,821
N/P Santa Lucia Bank	4,146,617		4,528,128
Total Liabilities	6,111,176		6,336,156
Stockholders' Equity
Common stock	5,606,919	[1]	5,613,194	[2]
Retained earnings	4,488,066		4,035,433
Total stockholders' equity	10,094,985		9,648,627
Total Liabilities and Stockholders' Equity	$ 16,206,161		$ 15,984,783

[1] no par value, 1,800 shares issued, 1,787 shares outstanding at September 30, 2011

[2] no par value, 1,800 shares issued, 1,789 shares outstanding at September 30, 2010