Julian Burtons Burstrust

Annual Report 2016/17 . Statement of Financial Position

Statement of Financial Position

As at 30 June 2017

 

Note

2017

 

2016

 

 

$

 

$

 

 

 

 

 

Current Assets

 

 

 

 

Cash and cash equivalents

5

1,176,430

 

726,816

Trade and other receivables

6

90,217

 

135,182

Other assets

7

14,430

 

17,058

Total Current Assets

 

1,281,077

 

879,056

 

 

 

 

 

Non-current assets

 

 

 

 

 Plant and equipment

8

12,696

 

10,463

 Intangible assets

11

482,000

 

1,300,000

Total Non-Current Assets

 

494,696

 

1,310,463

 

 

 

 

 

Total Assets

 

1,775,773

 

2,189,519

 

 

 

 

 

Current Liabilities

 

 

 

 

Trade and other payables

9

53,335

 

117,747

Total Current Liabilities

 

53,335

 

117,747

 

 

 

 

 

Non-Current Liabilities

 

 

 

 

Provisions

10

4,054

 

16,627

Total Non-Current Liabilities

 

4,054

 

16,627

 

 

 

 

 

Total Liabilities

 

57,389

 

134,374

Net Assets

 

1,718,384

 

2,055,145

 

 

 

 

 

Equity

 

 

 

 

Retained earnings

 

1,718,284

 

2,055,045

Settled sum

 

100

 

100

Total Equity

 

1,718,384

 

2,055,145

 

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

Audit Partner - Pitcher Partners