BUSHkids 2017-18 Annual Report

TREASURER’S REPORT FOR THE YEAR ENDED 30 JUNE 2018

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 2018 ASSETS FIXED ASSETS Management and Therapy Land & Buildings 3,377,412 1,077,220 266,090 443,544 229,871 TOTAL BUNDABERG BRISBANE DALBY

MOUNT ISA

EMERALD

WARWICK

INGLEWOOD

–

409,661

951,026

Motor Vehicles

35,410 214,908

21,885 132,935

2,064

1,866

2,080

2,906

1,943

2,666 1,358

Plant & Equipment

15,542

12,186

11,531

24,295

17,061

Fixed Assets used for Therapy Purposes

3,627,730

1,232,040

283,696

457,596

243,482

436,862

970,030

4,024

Rental Land & Buildings Plant & Equipment

1,024,675

619,159

– –

– –

– –

– 405,516

– –

4,945

1,919

–

3,026

Fixed Assets used for Rental Properties

1,029,620

621,078

–

–

–

– 408,542

–

TOTAL FIXED ASSETS

4,657,350

1,853,118

283,696

457,596

243,482

436,862 1,378,572

4,024

CURRENT & INVESTMENT ASSETS Cash on Hand and at Bank

4,651,073

4,651,073

– – – – – –

– – – – – –

– – – – – –

– – – – – –

– – – – – –

– – – – – –

Prepayments and Deposits

31,995 157,369 35,715

31,995 157,369 35,715

Debtors

Accrued Income

37

Interest Bearing Securities

1,594,210 8,625,413

1,594,210 8,625,413

Shares in Companies

TOTAL CURRENT & INVESTMENT ASSETS

15,095,775

15,095,775

–

–

–

–

–

–

TOTAL ASSETS

19,753,125

16,948,893

283,696

457,596

243,482

436,862 1,378,572

4,024

LESS LIABILITIES Tax Office

– – – –

– – – –

– – – –

– – – –

– – – –

– – – –

80,258

80,258

Other Creditors & Accruals Employees Entitlements

1,876,723

1,876,723

278,646

278,646

2,235,627

2,235,627

TOTAL LIABILITIES

NET ASSETS

17,517,498

14,713,266

283,696

457,596

243,482

436,862 1,378,572

4,024

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 2018. 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 Department of Social Services continues to support BUSHkids and we acknowledge their important contribution. 9. The National Disability Insurance Agency has become partner in the community with BUSHkids in the regions of Bundaberg, Rockhampton, Maryborough and Maroochydore. On behalf of the Chairman and the Council

1. Assets comprise:

Cash at Bank Investments

4,651,073 10,219,623

Debtors

225,079

Real Estate

4,402,087

Motor Vehicles

35,410

Plant and Equipment

219,853 19,753,125

and our liabilities:

Sundry Creditors

1,956,981

Employees Entitlements

278,646 2,235,627 NET ASSETS 17,517,498

A J McLean B.Bus. GDPA CA Honorary Treasurer