2011-12 Annual Report - Howick Pakuranga Cricket Club
2011-12 Annual Report - Howick Pakuranga Cricket Club
2011-12 Annual Report - Howick Pakuranga Cricket Club
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 20<strong>12</strong><br />
Notes 20<strong>12</strong> <strong>2011</strong><br />
$ $<br />
CLUB FUNDS<br />
Retained Earnings 900,267 951,<strong>12</strong>2<br />
TOTAL EQUITY 900,267 951,<strong>12</strong>2<br />
Represented by:<br />
CURRENT ASSETS<br />
Accounts Receivable 26,219 16,791<br />
Sundry Debtors 4,000 -<br />
Inventory 1,325 1,615<br />
GST Receivable 5,250 3,993<br />
Bar Float & Petty Cash 600 600<br />
Total Current Assets 37,394 22,999<br />
CURRENT LIABILITIES<br />
Bank overdraft <strong>12</strong> 81,449 48,820<br />
Accounts Payable & Accruals 4 32,435 28,185<br />
Total Current Liabilities 113,885 77,005<br />
Working Deficit (76,490) (54,006)<br />
NON CURRENT ASSETS<br />
Property, Plant & Equipment 8 976,757 1,005,<strong>12</strong>8<br />
NET ASSETS 900,267 951,<strong>12</strong>2<br />
21