NEPAL AUSTRALIA FRIENDSHIP ASSOCIATION QUEENSLAND INCORPORATED | ||||||||
Statement of Financial Activity for period 1 January to 31 December 2012 | ||||||||
Previous Year | Current Year | |||||||
$ | $ | |||||||
INCOME | Schedule | |||||||
14,561.00 | General donations | 18,081.37 | ||||||
87,308.53 | Donations for specific projects | 1 | 97,979.76 | |||||
29,180.60 | Fundraising events income | 2 | 22,382.60 | |||||
13,971.10 | Net proceeds from sale of goods | 3 | 17,922.52 | |||||
3,951.94 | Government grants and other income | 4 | 10,656.15 | |||||
148,973.17 | Total Income | 167,022.40 | ||||||
EXPENDITURE | ||||||||
127,778.42 | Projects in Nepal | 5 | 117,752.49 | |||||
11,473.50 | Fundraising events expenses | 6 | 7,698.06 | |||||
3,846.28 | Administrative and other expenses | 7 | 6,083.49 | |||||
(143,098.20) | Total Expenses | (131,534.04) | ||||||
5,874.97 | Excess of Income over Expenditure | 35,488.36 | ||||||
…………………………. | …………………………. | |||||||
Ujjwal Gautam | Rod Setterlund | |||||||
Hon Treasurer | Hon President |
NEPAL AUSTRALIA FRIENDSHIP ASSOCIATION QUEENSLAND INCORPORATED | ||||||||
Statement of Financial Position as at 31 December 2012 | ||||||||
Previous Year | Current Year | |||||||
$ | $ | $ | ||||||
ASSETS | ||||||||
CURRENT ASSETS | ||||||||
Cash at Bank | ||||||||
20,279.05 | Web Saver Account | 32,682.51 | ||||||
31,587.50 | Project Sustainability Account | 40,000.00 | ||||||
4,628.61 | General Account | 8,713.02 | ||||||
1,358.27 | Travelex Account | 28.72 | ||||||
2,538.76 | Overseas Aid Account | 17,566.17 | ||||||
1,000.00 | Cash on Hand in Nepal | – | ||||||
10,232.85 | Joy Foundation Holding Account | 7,883.00 | ||||||
71,625.04 | 106,873.42 | |||||||
NON CURRENT ASSETS | ||||||||
Plant and Equipment at Cost | ||||||||
4,505.00 | Computer and Printer | 4,505.00 | ||||||
2,836.50 | Display Equipment | 2,836.50 | ||||||
715.00 | Marquees | 954.98 | ||||||
2,627.45 | PA System | 2,627.45 | ||||||
1,999.00 | Projector | 1,999.00 | ||||||
12,682.95 | 12,922.93 | |||||||
12,682.95 | 12,922.93 | |||||||
84,307.99 | Total Assets | 119,796.35 | ||||||
BALANCE OF FUNDS | ||||||||
– | ||||||||
78,433.02 | Opening Balance | 84,307.99 | ||||||
5,874.97 | Add : Excess of Income over Expenditure | 35,488.36 | ||||||
84,307.99 | 119,796.35 | |||||||
…………………………. | …………………………. | |||||||
Ujjwal Gautam | Rod Setterlund | |||||||
Hon Treasurer | Hon President |