NNC 2009 - 2010 Annual Report - Newtown Neighbourhood Centre

PG 40 PG 41COMMITTEE’SREPORTINCOME STATEMENTFOR THE YEAR ENDED 30 JUNE 2010Your committee members submit the financial report of theNewtown Neighbourhood Centre Incorporated for the financialyear ended 30 June 2010.Income2010 2009Note $ $Committee MembersThe names of committee members throughout the year and at thedate of this report are:Karen WalshJames ThomasWayne TynanAmalina WallaceGabrielle JonesDavid McGuirePrincipal ActivitiesThe principal activities of the association during the financialyear were:Community ServicesSignificant ChangesNo significant change in the nature of these activities occurredduring the year.Donations 25,476 150,305Festival Income 245,954 134,034Interest Received 26,154 31,293Grants 1,004,756 899,421Hall Hire 30,417 25,9081,332,757 1,240,961Other IncomeMembership 843 329Profit on sale of Fixed Assets - 8,000Gain on sale of assets 12,000 -Management Fees 198,377 59,259211,220 67,5881,543,977 1,308,549Operating ResultThe loss after providing for income tax amounted to$(47,842.00).Signed in accordance with a resolution of the Members of theCommittee.Committee Member:________________________________Karen WalshCommittee Member:________________________________Wayne TynanDated this 14th day of September 2010