STATEMENT OF FINANCIAL POSITION DOVER CAMPUS
EAST CAMPUS
As of 31 July 2017
As of 31 July 2017 2017
2016
2017
2016
$
$
$
$
ASSETS
ASSETS
Non-current assets Property, plant and equipment Club membership
Non-current assets 145,342,372
157,938,552
205,000
205,000
145,547,372
158,143,552
Current assets Trade and other receivables Prepayments Cash and cash equivalents
Total assets
Property, plant and equipment
9,955,200
7,692,862
Trade and other receivables
2,484,574
2,435,417
12,439,774
10,128,279
12,250,512
2,508,138
532,432
649,474
Current assets 4,007,779
3,540,205
306,565
348,155
19,245,408
30,151,822
23,559,752
34,040,182
169,107,124
192,183,734
FUNDS
Trade and other receivables Prepayments Cash and cash equivalents
Total assets
64,120,719
68,265,358
76,903,663
71,422,970
89,343,437
81,551,249
FUNDS
Development fund
55,314,893
55,725,825
Development fund
5,392,126
4,740,434
Retained earnings
44,764,876
39,707,747
Retained earnings
38,758,547
32,108,900
100,079,769
95,433,572
Total funds
44,150,673
36,849,334
Total funds
LIABILITIES
LIABILITIES
Non-current liabilities
Current liabilities
Loan and borrowings
1,600,000
–
Trade and other payables
1,600,000
–
Deferred income
16,240,000
39,080,000
Trade and other payables
10,885,050
17,245,911
Deferred income
40,302,305
40,366,510
Tuition fee deposits
9,355,403 35,309,242
37,270
37,270
Total liabilities
45,192,764
44,701,915
TOTAL FUNDS AND LIABILITIES
89,343,437
81,551,249
Tuition fee deposits
Current liabilities Loan and borrowings
9,236,570 35,918,924
–
57,741
67,427,355
96,750,162
Total liabilities
69,027,355
96,750,162
TOTAL FUNDS AND LIABILITIES
169,107,124
192,183,734 Annual Report 2016/2017 | 71