YUTE Annual Report 2014
A round up of our activities during the years 2013 - 2014. Take a look at our organisational growth and the impact it has had on the communities we serve. #YUTE
A round up of our activities during the years 2013 - 2014. Take a look at our organisational growth and the impact it has had on the communities we serve. #YUTE
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YOUTH UPLIFTMENT THROUGH EMPLOYMENT LIMITED (<strong>YUTE</strong>)<br />
Page 3<br />
STATEMENT OF COMPREHENSIVE INCOME<br />
YEAR ENDED 31 DECEMBER <strong>2014</strong><br />
Note <strong>2014</strong> 2013<br />
$ $<br />
INCOME: 6<br />
Grants 21,248,369 30,846,126<br />
Contributions – PSOJ Members 18,057,424 34,587,500<br />
Contribution – Other 282,852 -<br />
Gifts in kind 782,330 7,114,180<br />
40,370,975 72,547,806<br />
GCT recovered - 9,070,712<br />
Other 5,026 100,000<br />
Foreign exchange gain 42,299 3,287,138 .<br />
Interest 470 86,307<br />
40,418,770 85,091,963<br />
EXPENSES:<br />
Project expenses 20,274,818 76,030,483<br />
Special projects 934,383 -<br />
Programme Management Office 4,368,704 30,474,732<br />
Administrative and other expenses 4,085,515 1,356,434<br />
29,663,420 107,861,649<br />
TOTAL COMPERHENSIVE INCOME/(LOSS) 10,755,350 ( 22,769,686)
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