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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 19<br />

DETAILED STATEMENT OF INCOME<br />

YEAR ENDED 31 DECEMBER <strong>2014</strong><br />

<strong>2014</strong> 2013<br />

$ $<br />

INCOME<br />

Grants:<br />

AusAID - 17,829,780<br />

Citi Foundation 1,760,525 -<br />

PetroCaribe - 13,016,346<br />

National Housing Trust 19,487,844 - .<br />

21,248,369 30,846,126<br />

Donations and Direct Public Support:<br />

Contributions – Private Sector Members 18,057,424 34,587,500<br />

Contributions – others 282,852 -<br />

Gifts in Kind – Jobs PSOJ Members 782,330 7,114,180<br />

19,122,606 41,701,680<br />

GCT recovered - 9,070,712<br />

Foreign exchange gain 42,299 3,287,138<br />

Loss on disposal ( 6,112) -<br />

Interest 470 86,307<br />

Other 11,138 100,000.<br />

47,795 12,544,157<br />

Total income 40,418,770 85,091,963<br />

EXPENSES:<br />

Project expenses (page 20) 20,274,818 76,030,483<br />

Special projects (page 20) 934,383 -<br />

Programme Management Office (page 20) 4,368,704 30,474,732<br />

Administrative and other expenses (page 21) 4,085,515 1,356,434<br />

29,663,420 107,861,649<br />

SURPLUS/(LOSS) 10,755,350 ( 22,769,686)

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