CHATA Annual Report 2017- 2018
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FINANCIAL UPDATE<br />
Statement of Financial Position as per December 31, <strong>2017</strong><br />
December 31, <strong>2017</strong> December 31, 2016<br />
ANG<br />
ANG<br />
ASSETS<br />
Current Assets<br />
Cash & Cash Equivalants 185,720 103,769<br />
Accounts Receivable 139,932 188,820<br />
Other Receivables & Prepaid Expenses 29,510 11,680<br />
Non-current assets<br />
Tangible fixed assets 19,677 24,911<br />
Intangible fixed assets 39,412 57,761<br />
TOTAL ASSETS 414,252 386,940<br />
LIABILITIES<br />
Current Liabilities<br />
Accounts payable 6,398 25,130<br />
Other Payables 23,244 13,755<br />
Tax & Social Premiums 8,501 11,394<br />
NET ASSETS 376,109 336,661<br />
TOTAL LIABILITIES AND NET ASSETS 414,252 386,940<br />
Statement of Comprehensive Income For the Year Ended <strong>2017</strong><br />
December 31, <strong>2017</strong> December 31, 2016<br />
ANG<br />
ANG<br />
INCOME<br />
membership Dues 749,261 760,693<br />
Other Income 176,856 322,620<br />
TOTAL INCOME 926,117 1,083,314<br />
EXPENSES<br />
Personnel Expenses 401,352 606,285<br />
Office Expense 62,578 58,699<br />
Gerenal Expense 79,263 91,234<br />
Depreciation & Amortization 32,281 27,917<br />
Provision for Doubtful Debts 27,736 (45,713)<br />
Membership development 52,164 57,669<br />
Product Development & Marketing Expenses 159,551 156,873<br />
Project Costs 71,744 193,263<br />
TOTAL EXPENSES 886,669 1,146,227<br />
COMPREHENSIVE INCOME/LOSS FOR THE YEAR 39,448 (62,913)<br />
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