Page 36

STATEMENT OF FINANCIAL POSITION FOR THE PERIOD ENDED 31.12.2016 Notes 2016 SHS INTANGIBLE ASSETS NON CURRENT ASSETS 3 87,465,125 87,465,125 CURRENT ASSETS Prepayments 2,572,280 Other Receivables 1,000,000 Cash at hand 5 122,016,740 TOTAL CURRENT ASSETS 125,589,020 EQUITY AND LIABILITIES CURRENT LIABILITIES Creditors and accruals 100,000 TOTAL CURRENT LIABILITIES 100,000 NET CURRENT ASSETS/LIABILITIES 125,489,020 TOTAL ASSETS 212,954,145 CAPITAL AND RESERVES Restricted Fund 30,018,095 General Fund 95,470,925 Capital Fund 87,465,125 TOTAL EQUITY AND LIABILITES 212,954,145 The financial statements on pages 9 to 16 were approved by the board of directors on 5th December 2016 and signed on its behalf by

36

Chairperson

Secretary

Profile for Bless a Child Foundation

Bless a Child Foundation Annual Report 2016  

Bless a Child Foundation Annual Report 2016  

Advertisement