Annual Report 2004-2005 - City of Vincent
Annual Report 2004-2005 - City of Vincent
Annual Report 2004-2005 - City of Vincent
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NOTES TO AND FORMING PARTS OF THE FINANCIAL STATEMENTS<br />
Notes to and forming parts <strong>of</strong> the Financial Statements<br />
for the year ended 30 June <strong>2005</strong><br />
10 CASH RESERVES (CONT)<br />
2003/04 <strong>2004</strong>/05 <strong>2004</strong>/05<br />
Actual Budget Actual<br />
$ $ $<br />
Beatty Park Leisure Centre<br />
240,301 Opening Balance 1 July 210,099 131,967<br />
112,102 Transfer from Accumulated Surplus 107,841 109,414<br />
(220,436) Transfer to Accumulated Surplus (255,122) (173,602)<br />
131,967 Closing Balance 30 June 62,828 67,779<br />
Strategic Waste Management<br />
14,313 Opening Balance 1 July 26,243 15,085<br />
772 Transfer from Accumulated Surplus 11,295 11,802<br />
0 Transfer to Accumulated Surplus 0 0<br />
15,085 Closing Balance 30 June 37,538 26,887<br />
L<strong>of</strong>tus Recreation Centre<br />
156,680 Opening Balance 1 July 200,864 159,738<br />
8,374 Transfer from Accumulated Surplus 48,629 48,815<br />
(5,316) Transfer to Accumulated Surplus (10,000) (10,154)<br />
159,738 Closing Balance 30 June 239,493 198,399<br />
L<strong>of</strong>tus Community Centre<br />
45,411 Opening Balance 1 July 48,091 47,861<br />
2,450 Transfer from Accumulated Surplus 2,405 2,256<br />
0 Transfer to Accumulated Surplus 0 0<br />
47,861 Closing Balance 30 June 50,496 50,117<br />
Plant and Equipment Reserve<br />
324,989 Opening Balance 1 July 501,293 482,054<br />
219,406 Transfer from Accumulated Surplus 219,364 224,082<br />
(62,341) Transfer to Accumulated Surplus (351,000) (126,933)<br />
482,054 Closing Balance 30 June 369,657 579,203<br />
Waste Management Reserve<br />
617,261 Opening Balance 1 July 836,661 832,742<br />
215,461 Transfer from Accumulated Surplus 220,762 217,016<br />
0 Transfer to Accumulated Surplus (260,000) 0<br />
832,742 Closing Balance 30 June 797,423 1,049,758<br />
Land & Building Asset Acquisition<br />
258,117 Opening Balance 1 July 273,217 272,043<br />
13,926 Transfer from Accumulated Surplus 11,211 15,028<br />
0 Transfer to Accumulated Surplus 0 0<br />
272,043 Closing Balance 30 June 284,428 287,071<br />
Capital Reserve<br />
3,451,575 Opening Balance 1 July 1,891,087 1,732,659<br />
165,854 Transfer from Accumulated Surplus 39,457 129,796<br />
(1,884,770) Transfer to Accumulated Surplus (1,334,300) (499,207)<br />
1,732,659 Closing Balance 30 June 596,244 1,363,248<br />
94<br />
TOWN OF VINCENT _ A NNUAL R EPORT <strong>2004</strong>-<strong>2005</strong>
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