Raise Foundation 2023 Annual & Evaluation Report

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35

Audited accounts 2023 Statement of financial position For the year ended 31 December 2023 2023

2022

$

$

Assets Cash and cash equivalents Trade and other receivables

3,271,666

4,007,939 239,934

107,338 107,375

Other assets

37,601

Total current assets

3,486,379

4,285,474

Property, plant and equipment

14,067 86,354 37,538 137,959

16,551 172,711

Right‑of‑use assets

Other assets

Total non-current assets

189,262

Total assets

3,624,338

4,474,736

Liabilities Trade and other payables

657,484 100,669 229,781 91,700 1,079,634

543,344 96,489

Lease liabilities

Employee benefits Contract liabilities

167,102

570,037 1,376,972

Total current liabilities

Lease liabilities

-

100,669

Employee benefits

59,581 59,581

9,134

Total non-current liabilities

109,803

Total liabilities

1,139,215

1,486,775

Net assets

2,485,123

2,987,961

Equity Settlement sum Other reserves Retained earnings

10

10

144,076

144,076

2,341,037 2,485,123

2,843,875 2,987,961

Total equity

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