Julian Burtons Burstrust

Annual Report 2015/16 . Statement of Financial Position

Statement of Financial Position

As at 30 June 2016

 

Note

2016

 

2015

 

 

$

 

$

 

 

 

 

 

Current Assets

 

 

 

 

Cash and cash equivalents

5

726,816

 

632,169

Trade and other receivables

6

135,182

 

44,454

Other assets

7

17,058

 

75,632

Total Current Assets

 

879,056

 

752,255

 

 

 

 

 

Non-current assets

 

 

 

 

 Plant and equipment

8

10,463

 

20,613

 Trademark

9

1,300,000

 

-

Total Non-Current Assets

 

1,310,463

 

20,613

 

 

 

 

 

Total Assets

 

2,189,519

 

772,868

 

 

 

 

 

Current Liabilities

 

 

 

 

Trade and other payables

10

117,747

 

119,194

Borrowings

11

-

 

2,622

Total Current Liabilities

 

117,747

 

121,816

 

 

 

 

 

Non-Current Liabilities

 

 

 

 

Provisions

12

16,627

 

9,338

Borrowings

11

-

 

-

Total Non-Current Liabilities

 

16,627

 

9,338

 

 

 

 

 

Total Liabilities

 

134,374

 

131,154

Net Assets

 

2,055,145

 

641,714

 

 

 

 

 

Equity

 

 

 

 

Retained earnings

 

2,055,045

 

641,614

Settled sum

 

100

 

100

Total Equity

 

2,055,145

 

641,714

 

For a complete Financial Statement please contact the Julian Burton Burns Trust on 08 7220 2197

Audit Partner - Pitcher Partners