SCI_ANNUAL_REPORT
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THE SEDA CONSTRUCTION INCUBATOR TRUST<br />
(Registration number : IT 183/2008)<br />
DETAILED STATEMENT OF COMPREHENSIVE INCOME (continued)<br />
for the year ended 31 March 2013<br />
2013 2012<br />
R<br />
R<br />
Operating expenses<br />
Accounting fees 1 568 -<br />
Auditors remuneration 47 310 52 938<br />
Bank charges 23 882 17 013<br />
Board member's expenses 115 276 132 307<br />
Computer expenses 168 863 138 651<br />
Consulting and profesional fees 36 472 19 893<br />
Courier & postage 12 393 13 472<br />
Depreciation, amortisation and impairments 1 009 428 871 634<br />
Electricity and water 169 298 142 644<br />
Employee and mentor costs 5 720 381 5 266 157<br />
Flowers 350 50<br />
Bad debts 33 570 87 101<br />
Donations 10 635 -<br />
Entertainment 7 564 -<br />
Assets written off (559) -<br />
Insurance 106 158 94 965<br />
Legal expenses 4 617 67 292<br />
Licence renewals 8 777 -<br />
Loss on disposal of assets 279 -<br />
Marketing and advertising 209 811 110 406<br />
Motor vehicles expenses 133 617 69 326<br />
Office decorations 5 440 2 923<br />
Printing and stationery 122 141 84 705<br />
Project expenses 929 710 1 079 544<br />
Rent paid 447 233 413 450<br />
Repairs and maintenance 207 716 239 197<br />
Security 199 894 277 026<br />
Non capital assets 17 936 9 695<br />
Staff welfare 61 987 92 704
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