Annual Report 2014/2015

Notes to the Financial Statements - FOR THE YEAR ENDED 30 JUNE 2015
14. STATEMENT OF UNCOMMITTED FUNDS AS AT 30 JUNE 2015
At 30 June the following funds were available:
2015 2014
$ $
Cash and Savings Accounts 807,771 224,577
Shore to Shore Trust Deposit Account 188,000 215,000
KiwiSport Funds 294,668 410,668
Deposit accounts which mature within the next 12 months 380,840 730,840
Accounts Receivable 150,693 260,486
1,821,972 1,841,571
To meet the following commitments:
Accounts Payable 126,771 195,044
Income Received in Advance 407,298 552,512
Lease Liability 111,273 58,558
Provision for Holiday Pay 70,929 58,513
Provision for Long Term Maintenance 67,307 69,384
Shore to Shore Fun Run 188,000 215,000
971,578 1,149,011
Leaving resources available 850,394 692,560
Reserve Fund for continued operations 520,000 380,840
Leaving resources available / (deficit) for general purposes 330,394 311,720
Future intentions for these available resources include:
Programme development 100,000 100,000
Vehicle replacement 100,000 100,000
Seeding funding programmes 15,000 15,000
Building Development 90,000 90,000
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“WHERE TOO MUCH SPORT IS NEVER ENOUGH”