Cabramatta Golf Club Limited

CABRAMATTA GOLF CLUB LIMITED ANNUAL REPORT 2012 ABN 75 000 060 355 CABRAMATTA GOLF CLUB LIMITED ANNUAL REPORT 2012
ABN 75 000 060 355
Statement of Financial Position
FOR THE PERIOD ENDED 31st MARCH 2012
$A NOTe 2012 2011
CuRReNT ASSeTS
Cash at Bank 5 60,188 205,847
Inventories 6 54,384 39,867
Other Assets 7 1,000,000 838,726
Total Current Assets 1,114,572 1,084,440
NON-CuRReNT ASSeTS
Freehold Land - Golf Course (Valuer
General's Value)
Freehold Land - 450 Cabramatta Rd.
(Market Value)
6,820,000 6,820,000
350,000 350,000
Buildings 4 4,854,207 4,854,207
Less Accumulated Depreciation 623,075 501,714
4,231,132 4,352,493
Plant & Equipment (CLUB) 2 1,143,937 2,979,651
Less Accumulated Depreciation 705,113 2,275,402
438,824 704,249
Motor Vehicles 113,373 57,101
Less Accumulated Depreciation 50,260 24,601
63,113 32,500
Plant & Equipment (COURSE) 3 623,998 -
Less Accumulated Depreciation 259,778 -
364,220 -
Security Bond -
5,000
Total Non-current assets 12,267,289 12,264,242
Total Assets 13,381,861 13,348,682
CuRReNT LIABILITIeS
Trade & Other Creditors 8 116,569 84,733
Provisions 9 403,951 389,993
Other Payables 10 175,114 259,408
Total Current Liabilities 695,634 734,134
Statement of Financial Position
FOR THE PERIOD ENDED 31st MARCH 2012
$A NOTe 2012 2011
NON CuRReNT LIABILITIeS
Assets on Finance 11 24,475 57,431
Total Non-current Liabilities 24,475 57,431
Total Liabilities 720,109 791,565
Net Assets 12,661,752 12,557,117
MeMBeRS' FuNDS
Accumulated Funds 1 12,661,752 12,557,117
Total Members' Funds 12,661,752 12,557,117
30 All questions relating to the Financial Statements should be in writing to the General Manager no later than 7 days prior to the Annual Meeting.
All questions relating to the Financial Statements should be in writing to the General Manager no later than 7 days prior to the Annual Meeting. 31