2009-2010 Annual Report - SERCUL

2009-2010 Annual Report12:27 PM South East Regional Centre for Urban Landcare13/09/10 Balance SheetAs of June 30, 2010Jun 30, 2010ASSETSCurrent AssetsCurrent/SavingsBendigo Term Inv. 139270573 202,560.27Bendigo Term Investment 1366413 569,793.23Bendigo working a/c 136248010 275,790.34Petty Cash 16.10Petty cash - PAG 100.00Total Current/Savings 1,048,259.94Accounts ReceivableAccounts Receivable 163,219.90Total Accounts Receivable 163,219.90Total Current Assets 1,211,479.84Fixed AssetsComputer EquipmentProv.for depn Computer equip. -47,314.66Computer Equipment - Other 55,051.61Total Computer Equipment 7,736.95Motor Vehicle at costProv. for depn Motor Vehicle -28,102.04Motor Vehicle at cost - Other 89,590.63Total Motor Vehicle at cost 61,488.59Office EquipmentProv for depn Office Equipment -31,824.60Office Equipment - Other 41,071.65Total Office Equipment 9,247.05Plant & EquipmentProv for depn Plant & Equipment -5,696.52Plant & Equipment - Other 9,133.16Total Plant & Equipment 3,436.64Total Fixed Assets 81,909.23TOTAL ASSETS 1,293,389.07LIABILITIESCurrent LiabilitiesOther Current LiabilitiesGrants in advance 543,028.08Payroll Liabilities 21,521.99Tax Payable 66,152.83Total Other Current Liabilities 630,702.90Total Current Liabilities 630,702.90TOTAL LIABILITIES 630,702.90NET ASSETS 662,686.17EQUITYRetained Earnings 505,027.52Net Income 157,658.65TOTAL EQUITY 662,686.17Page 127