Digital AGM And Annual Reports Booklet

BALANCE SHEET

Altura Credit Union Limited BALANCE SHEET as at 30 September 2024

2024

2023

Notes

Assets Cash and cash equivalents Intangible assets Investment in associate Tangible fixed assets Loans to members Members’ current accounts Stock of consumables Prepayments and other debtors Deposits and investments – cash equivalents Deposits and investments – other

11 12 13 14 15 16 17 18 18

8,228,258 87,490 336,250 7,800,535 78,549 , 429 15 , 171 15,659 343,138 30,863 , 848 52 , 682 , 791 ─────── 178,922,569 ═══════ 149,387,775 513,191 4,789,355 626,257 ─────── 155,316,578 ═══════ 23,605,991 ═══════ 19,000,000 600,000 156 , 741 147 , 496 3,701 , 754 ─────── 23,605,991 ═══════

6,437,119 104,403 265,000 7,540,207 69,583,179 7,120 17,642 306,394 28,863,170 55,429,721 ─────── 168,553,955 ═══════ 142,186,995 542,733 3,749,129 645,249 ─────── 147,124,106 ═══════ 21,429,849 ═══════ 18,000,000 600,000 198,741 67,670 2,563,438 ─────── 21,429,849 ═══════

Total Assets

Liabilities Members’ shares Members’ deposits Members’ current accounts Accruals and other payables Total Liabilities ASSETS LESS LIABILITIES

19 20 16 21

Reserves Regulatory reserve Operational risk reserve Other unrealised income reserve Non-distributable investment income reserve Distribution reserve

Total Reserves

Approved by the Board of Directors and signed on its behalf by:

Chief Executive Officer:

Barry Monaghan

Member of the Board of Directors:

Thomas Finn

Member of the Board Oversight Committee:

Mary Quinn

Date: 7 th November 2024

The notes on pages 16 to 32 form part of the financial statements

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