TasCOSS Annual Repor t 20 09
Statement of Financial Position as at 30 June 2009 2007/2008
2008/2009
ACCUMULATED FUNDS
43,573 Retained Earnings 43,573 ACCUMULATED FUNDS represented by:
Notes
95,422
95,422
ASSETS
Current Assets 48,823 Cash at Bank 17,402 - Term Deposits 100,000 2,679 Accounts/Grants Receivable 34,613 4,278 Prepaid Expenses 0 6,621 Tax Credit 2 6,621 172 Cash on Hand 172 62,573 TOTAL CURRENT ASSETS 158,808 Non-current Assets 151,506 Furniture & Equipment (95,999) Less Accumulated Depreciation 55,508 Total Furniture & Equipment 95,585 Motor Vehicles (25,672) Less Accumulated Depreciation 69,913 10,582 Leasehold Improvements (1,323) Less Accumulated Depreciation 9,259 134,680 Total Fixed Assets 197,253 TOTAL ASSETS
LIABILITIES
33,453
Annual Leave Provision
-
LSL Provision
18,072
Cover for Leave Provision
2,988
Accounts Payable
160,265 (109,991) 50,274 59,168 (24,723) 34,445 10,582 (3,086) 7,496 92,215 251,023
21,839 11,621 (261)
49,687
Loan- Esanda Finance
17,760
17,630
Income in Advance
56,636
6,644
Unspent Funds Carried Forward
18,702
9,362
PAYG Tax Payable
165
15,679
Net GST Tax Liability
153,680
TOTAL LIABILITIES
3
8,715
Staff Expenses
3,855 16,734
155,601
43,573 Net Assets
95,422
f.2