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Synapse_2024-25_Financial Summary

Page 1

Financial summary Statement of profit or loss and other comprehensive income For the year ended 30 June 2025 2025

2024

$

$

11,648,612

14,971,977

Accountancy and auditor’s remuneration

(48,200)

(36,540)

Advertising and promotions

(27,700)

(66,398)

Computer expenses

(477,935)

(480,656)

Consultancy fees

(139,144)

(181,309)

Depreciation and amortisation expenses

(531,362)

(522,964)

Employee benefits expenses

(10,673,777)

(10,750,546)

External agency labour fees

(324,337)

(1,489,580)

Finance costs and charges

(112,078)

(112,802)

Insurance

(125,571)

(112,172)

Legal expenses

(40,731)

(22,585)

Motor vehicle expenses

(52,379)

(53,458)

Office expenses

(238,489)

(254,244)

Other expenses

(639,563)

(603,442)

Property expenses

(395,228)

(440,025)

Operating deficit for the year

(2,177,882)

(154,744)

Deficit for the year

(2,177,882)

(154,744)

Income

Items that will not be reclassified subsequently to surplus Revaluation of land and buildings

3,050,112

Total comprehensive income for the year

872,230

(154,744)

ANNUAL REVIEW 2024–25

47


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