UNAUDITED MANAGEMENT ACCOUNTS 31/10/2024
Altura Credit Union Limited Unaudited Management Accounts 31st October 2024 ( Not forming part of the statutory audited Financial Statements)
INCOME & EXPENDITURE ACCOUNT INCOME Interest on Loans to members Investment Interest Income Commissions, fees and charges Other Income
BALANCE SHEET ASSETS
€
€
500,148 137,585
Cash and Current Accounts Deposits and Investments Minimum Reserve Requirement Loans to Members Less: Prov. For Doubtful Debts Tangible Fixed Assets Investment in Metamo JV Investment in Mortgage CUSO Sundry Debtors Prepayments & Other Assets
8,549,570 81,881,051 1,301,170 82,978,666 - 3,684,357 7,810,715 296,250 40,000
5,940 5,553
649,226
TOTAL INCOME
EXPENDITURE Salaries & Related expenses Other Mgt Expenses & Depn Regulatory Levies Bad Debt Write-off & Recoveries
244,211 427,773
223,249 251,181 5,614 - 33,565
179,845,049
TOTAL ASSETS
TOTAL EXPENDITURE
446,479
LIABILITIES Member Shares
202,747
YTD SURPLUS
150,191,096 513,387 4,731,037 600,793 156,036,313 19,000,000 600,000 4,208,736 23,808,736
Member Deposits Members Current Accounts Creditors and Other Liabilities RESERVES Regulatory Reserve Operational Risk Reserve Other Reserves
179,845,049
TOTAL LIABILITIES & RESERVES
35
Made with FlippingBook - Share PDF online