AF ELS 18C Pre-Reading

Exhibit 7: Bridge Adult Service Centre. Balance Sheet 2007–20111 (Yr. End March 31)

2007 2008

2009

2010

2011

Asset Petty Cash Cash: Bank

275 275

275

275

275

-108 10,587 20,225 18,568 16,020

Cash: Bank (Fire Fund) Cash: TermDeposits Accounts Receivable GSTpd on Purchases Prepaid Expense Trust Account - CSD Total Current Asset s Equip. for Buildings

21,325 15,626

2,921

2,921 36,771

0 99,128

0

0

0

3,388

0

8,245

3,852 4,096 5,798

4,003 6,689 4,285

4,459 17,009 59,223

0 4,245 0 520,194

3,350

0

0

0

29,339 667,064 94,240 35,511 68,043 33,149 33,149 29,543 29,543 29,543 0 96,829 96,999 96,999 96,999 33,149 129,978 1,013,585 1,013,585 1,013,585 62,488 797,042 1,107,825 1,049,096 1,081,628 0 0 887,043 887,043 887,043

New Building

Land

Total Capital Assets

Total Assets

Liabilities RBCLoan Accruals

4,000 2,000 4,140 4,140

0

0

0

6,103

281

6,726

Account Payables Buildings Payables Due to Group Home Receiver Gen.,Payable

14,854 10,941 15,879 12,610 10,166

0 0 0

0 15,000 15,000 15,000

0 50,000

0

0 0 0

0

0

-50

WCBPayable

163 163 1,936 1,935 827 828

163

0

Deferred Revenue Group Insurance Total Liabilities

0

5,000

2,923

430

781

541

25,920 20,007 87,575 33,622 35,356

Equity Net Assets

0

0 -269,699

6,664

1,888

Capital Assets Current Earnings Total Earnings

31,938 40,499 1,013,585 1,013,585 1,013,585

4,629 736,536 276,364

-4,776 30,798

36,567 777,035 1,020,250 1,015,473 1,046,272 36,567 777,035 1,020,250 1,015,473 1,046,272 62,487 797,042 1,107,825 1,049,096 1,081,628

Total Equity

Liaibilities& Equity

Note: 1. According to the Canadian Institute of Chartered Accountants (CICA), section 4431, para. 03, not-for- pr t organizations with annual average revenues for the current and preceding year under $500,000

were not required to depreciate assets. Source: Bridge Adult Service Centre les.

Made with FlippingBook - Online catalogs