Annual Report - Playgroup Victoria

Playgroup Victoria Inc. ABN 13 094 186 877 Inc Ass # A0012387KFinancial statementsSTATEMENT OF FINANCIAL POSITION AS AT31 DECEMBER 2009NOTE 2009$CURRENT ASSETS2008$Cash and cash equivalents 2(a) 231,411 284,026Financial assetsInventory5 659,5652,221639,925-Trade and other receivables 53,187 48,460Other current assets 6 249,699 14,331TOTAL CURRENT ASSETS 1,196,083 986,742NON-CURRENT ASSETSProperty, plant and equipment 7 93,589 60,909TOTAL NON-CURRENT ASSETS 93,589 60,909TOTAL ASSETS 1,289,672 1,047,651CURRENT LIABILITIESTrade and other payables 9a 455,577 273,427Short term provisions 8 163,031 142,421Short term borrowings 10a 6,973 4,788TOTAL CURRENT LIABILITIES 625,581 420,636NON-CURRENT LIABILITIESTrade and other payables 9b 45,690 20,690Long term provisions 8 25,421 25,421Long term borrowings 10b - 5,403TOTAL NON-CURRENTLIABILITIES71,111 51,514TOTAL LIABILITIES 696,692 472,150NET ASSETS 592,980 575,501MEMBERS’ FUNDSReserves 13 145,090 91,423Accumulated funds 447,890 484,078ACCUMULATED FUNDS AT ENDOF YEAR 592,980 575,501STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED31 DECEMBER 2009NOTE 2009$2008$REVENUEGrant funding 652,991 679,470PEP funding - -SPP funding 94,964 90,958Play Connect 97,947 1,640Locality Fund - 12,535Bushfire Relief Fund 277,059 -DHS funding 152,144 133,121C4C funding 60,145 96,307ISP funding 178,403 157,631Count Us In Funding 20,631 -My Time 260,732 169,104DEST & Koorie Kits 16,555 39,478Membership income 472,642 432,308Product sales 6,034 4,455Playgrouper income 35,391 58,200Fundraising income 64,475 52,568Project income - 4,800Administration income 130,287 124,150TOTAL REVENUES FROMORDINARY ACTIVITIES 2,520,400 2,056,725EXPENDITUREGrant expenses 652,990 679,474PEP expenses - -SPP expenses 94,963 90,957Play Connect 99,248 262Locality Fund - 12,535DHS expenses 144,298 140,884Bushfire Relief Expense 222,430 -C4C expenses 60,145 96,307ISP expenses 178,403 157,702Count Us In Funding 20,633My Time expenses 260,732 168,097DEST & Koorie Kits exp. 18,723 33,051Membership expenses 233,863 160,740Product expenses 3 2,168Playgrouper expenses 144,559 125,880Fundraising expenses 36,519 30,520Project expenses - 5,050Administration expenses 335,412 314,155Surplus for the year 4 17,479 38,943Other comprehensive- -incomeTotal comprehensiveincome for the year 17,479 38,9432009 Playgroup Victoria Year of Active Play 27