Annual Report 2011-2012.pdf - Lane Cove 12ft Sailing Skiff Club

Lane Cove 12ft Sailing Skiff ClubTHE LANE COVE 12FT SAILING SKIFF CLUB INCBALANCE SHEETAS AT 30 APRIL 201220122011CURRENT ASSETS:Cash on hand 585 560Cash at Bank 2,050 14,075Deposits – NAB Note 5 145,000 120,000Stock – Canteen 6,050 6,088Sundry receivables 5,173 1,950----------- ---------158,858 142,673----------- ---------NON-CURRENT ASSETS:Property Improvements & Equipment Note 2 168,885 83,352----------- -----------TOTAL ASSETS 327,743 226,025CURRENT LIABILITIES:Creditors 4,469 3,838Big Kite Memorial Trophy Fund 2,331 2,276ASF Grant Fund Note 3 9,063 7,228George Eden Memorial Trophy Fund 2,260 2,210John Aston Memorial Fund 2,123 2,088Prize Funds 1,029 3,827Junior Coaching Fund 2,250 0New Laser Fund 1,120 655---------- ---------24,645 22,122---------- ---------303,098 203,903======= =======MEMBERS FUNDS: Note 4Capital Reserves: Note 5Support boat replacement reserve – Ted Griffith 10,000 80,000Support boat replacement reserve – RIBs 10,000 0Support boat replacement reserve – Bonnie 10,000 0Learn to sail boat replacement reserve 40,000 30,000Amenities extension reserve 45,000 10,000BCA Compliance Improvements reserve 30,000 0---------- ---------145,000 120,000Unappropriated Surplus 158,098 83,903---------- ---------TOTAL CAPITAL AND RESERVES 303,098 203,903======= =======www.LC12ftSSC.org.au Page 31