BUSHkids 2016-17 Annual Report

TREAS

TREASURER’S REPORT FOR THEYEAR ENDED 30 JUNE 2017

Dear Members and Friends Set out below is a Statement of Assets & Liabilities and some Notes relating to the Accounts. STATEMENT OF ASSETS AND LIABILITIES AT 30 JUNE 2017 ASSETS FIXED ASSETS Management and Therapy Land & Buildings 3,435,874 1,083,771 271,594 448,901 237,366 TOTAL BUNDABERG BRISBANE DALBY

MOUNT ISA

EMERALD

WARWICK

INGLEWOOD

–

415,688 978,554

Motor Vehicles

49,334 250,713

29,812 149,266

2,949

2,765

2,971

4,252

2,776

3,808 2,077

Plant & Equipment

20,276

16,885

15,441

24,249

22,519

Fixed Assets used for Therapy Purposes

3,735,921 1,262,850 294,819 468,551 255,778 444,189 1,003,849

5,885

Rental Land & Buildings Plant & Equipment

1,033,932

620,374

– –

– –

– –

– 413,558

– –

6,182

2,399

–

3,782

Fixed Assets used for Rental Properties

1,040,113

622,773

–

–

–

– 417,341

–

TOTAL FIXED ASSETS

4,776,035

1,885,623 294,819 468,551 255,778 444,189 1,421,190

5,885

CURRENT & INVESTMENT ASSETS Cash on Hand and at Bank

3,912,716 3,912,716

– – – – – –

– – – – – –

– – – – – –

– – – – – –

– – – – – –

– – – – – –

Prepayments and Deposits

30,658 167,950 26,624

30,658 167,950 26,624

Debtors

Accrued Income

Interest Bearing Securities

1,525,859 1,525,859 7,134,423 7,134,423

Shares in Companies

TOTAL CURRENT & INVESTMENT ASSETS

12,798,230

12,798,230

–

–

–

–

–

–

TOTAL ASSETS

17,574,265

14,683,853 294,819 468,551 255,778 444,189 1,421,190

5,885

LESS LIABILITIES Tax Office

– – –

– – –

– – –

– – –

– – –

– – –

57,920 506,011 241,253 805,184

57,920 506,011 241,253 805,184

Other Creditors & Accruals Employees Entitlements

TOTAL LIABILITIES

NET ASSETS

16,769,081 13,878,669 294,819 468,551 255,778 444,189 1,421,190

5,885

NOTES TO THE ACCOUNTS

2. Land is shown at Valuer General rate assessment values. 3. Buildings, Vehicles and Equipment are shown at cost less depreciation. 4. Investments are shown at Stock Exchange Values at 30 June 2017. 5. Items of Plant purchased for $300 or less are written off but are recorded in our Asset Register. 6. The Queensland Government continues to support BUSHkids and we are extremely grateful for its financial assistance. 7. We also thank our valued friends who support us by gifts and bequests; your support is vital. 8. The John Villiers Trust has contributed $300,000, with a further $200,000 now received, towards our new Warwick Centre and we are extremely appreciative for the continued support. 9. The Department of Social Services continues to support BUSHkids and we acknowledge its important contribution. 10. The National Disability Insurance Agency has become partners in the community

1. Assets comprise:

Cash at Bank Investments

3,912,716 8,660,282

Debtors

225,232

Real Estate

4,469,806

Motor Vehicles

49,334

Plant and Equipment

256,895 17,574,265

and our liabilities:

Sundry Creditors

563,931 241,253 805,184

with BUSHkids in the region of Bundaberg. On behalf of the Chairman and the Council

Employees Entitlements

NET ASSETS

16,769,081

A J McLean B.Bus. GDPA CA Honorary Treasurer

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