Financial Statements
Statement of Profit or Loss and Other Comprehensive Income for the year ended 30 June 2025
2025
2024
$
$
Revenue
3,759,021 6,474,849
3,821,765 2,388,645
Donations/Bequests/Other Income*
Profit on disposal of asset
–
8,099
Property expenses
(537,432) (563,910)
(690,129) (405,075) (199,320) (3,892,716)
Management services expenses
Consultant expenses
(39,634)
Employee benefits expenses
(4,441,370)
Operating expenses
(775,604)
(456,378)
Finance costs
(3,441)
(2,533)
Net operating profit
3,872,479 (153,906) 3,718,573 3,718,573
572,358 (49,170) 523,188 523,188
Depreciation and amortisation expense
Profit before income tax
Net profit for the year
Other comprehensive income Items that may be reclassified subsequently to profit or loss Change in fair value of investment Items that will not be reclassified subsequently to profit or loss Revaluation of land and buildings
71,655
(11,302)
13,500 85,155
63,000 51,698
*The increase in income reflects additional funds directed toward our New Generation Capital Project.
Total other comprehensive income for the year
Total comprehensive income for the year
3,803,728
574,886
52 | Catherine House
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