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 16<br />
NOTES TO THE FINANCIAL STATEMENTS<br />
31 DECEMBER <strong>2014</strong><br />
8. PROPERTY, PLANT AND EQUIPMENT:<br />
Furniture Computers<br />
& Office Equipment &<br />
Equipment Software Total<br />
$ $ $<br />
Cost –<br />
1 January 2013 426,261 1,035,063 1,461,324<br />
Additions - 12,790 12,790<br />
31 December 2013 426,261 1,047,853 1,474,114<br />
Additions - 309,548 309,548<br />
Disposal (185,110) ( 199,950) ( 385,060)<br />
31 December <strong>2014</strong> 241,151 1,157,451 1,398,602<br />
Depreciation -<br />
1 January 2013 42,434 409,628 452,062<br />
Charge for the year 42,626 346,052 388,678<br />
31 December 2013 85,060 755,680 840,740<br />
Charge for the period 24,115 263,977 288,092<br />
Adjustments 1,911 ( 20,908) ( 18,997)<br />
Disposal ( 44,769) ( 141,048) ( 185,817)<br />
31 December <strong>2014</strong> 66,317 857,701 924,018<br />
Net book value -<br />
31 December <strong>2014</strong> 174,834 299,750 474,584<br />
31 December 2013 341,201 292,173 633,374<br />
9. RECEIVABLES:<br />
<strong>2014</strong> 2013<br />
$ $<br />
NHT/<strong>YUTE</strong> MOU 4,783,756 -<br />
Logistic Protocol Services Limited – (LAPS) overpayment 520,000 -<br />
Other 9,960 -<br />
5,313,716 - .
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