ATANZ Statement of Financial Performance 2017-2018

Assistive Technology Alliance New Zealand Trust

Statement of Financial Performance

For the year ended 30 June 2018        

"How was it funded?" and "What did it cost?"                                   

 

Note

Actual

Actual

   

This Year

Last Year

   

$

$

Revenue

 

   

Fees, subscriptions and other revenue from members

1

25,600

11,348

Revenue from providing goods or services

1

21,926

24,835

Interest, dividends and other investment revenue

1

359

58

       

Total Revenue

 

47,885

36,241

       

Expenses

 

   

Costs related to providing goods or services

2

29,346

21,330

Grants and donations made

2

3,870

2,360

Other expenses

2

7,476

4,837

       

Total Expenses

 

40,691

28,527

       

 Surplus/(Deficit) for the Year

 

7,194

7,713

                                                                                                                               

 

 

Assistive Technology Alliance New Zealand Trust

Statement of Financial Position

As at 30 June 2018

"What the entity owns?" and "What the entity owes?"                                                                          

 

Note

Actual

Actual

   

This Year

Last Year

   

$

$

Assets

     
       

Current Assets

 

   

Bank accounts and cash

3

61,333

53,581

Debtors and prepayments

3

1,620

1,080

Other current assets

3

10,000

10,000

Total Current Assets

 

72,953

64,661

       

Non-Current Assets

 

   

Property, plant and equipment

4

15,488

10,588

       

Total Non-Current Assets

 

15,488

10,588

       

Total Assets

 

88,441

75,249

       

Liabilities

     
       

Current Liabilities

     

Creditors and accrued expenses

5

8,783

2,785

       

Total Liabilities

 

8,783

2,785

       

Total Assets less Total Liabilities (Net Assets)

 

79,658

72,464

       

Accumulated Funds

     

Accumulated surpluses or (deficits)

6

79,658

72,464

Total Accumulated Funds

 

79,658

72,464

 

 

 

Assistive Technology Alliance New Zealand Trust

Statement of Cash Flows

For the year ended 30 June 2018         

"How the entity has received and used cash"

 

Actual

Actual

 

This Year

Last Year

 

$

$

Cash Flows from Operating Activities

   

Cash was received from:

   

Fees, subscriptions and other receipts from members

25,478

11,974

Receipts from providing goods or services

21,926

34,183

Interest, dividends and other investment receipts

359

58

     

Net GST

313

(1,769)

     

Cash was applied to:

   

Payments to suppliers

29,082

24,977

Donations or grants paid

3,870

2,360

     

Net Cash Flows from Operating Activities

15,124

17,108

     

Cash flows from Investing and Financing Activities

   

Cash was received from:

   

Receipts from the sale of property, plant and equipment

   
     

Cash was applied to:

   

Payments to acquire property, plant and equipment

7,372

5,222

Payments to purchase investments

0

10,000

     

Net Cash Flows from Investing and Financing Activities

(7,372)

(15,222)

     
     

Net Increase / (Decrease) in Cash

7,752

1,886

Opening Cash

53,581

51,695

Closing Cash

61,333

53,581

     

This is represented by:

   

Bank Accounts and Cash

61,333

53,581

 

 

Assistive Technology Alliance New Zealand Trust

Notes to the Financial Statements

For the year ended 30 June 2018         

Note 1 : Analysis of Revenue    

 

This Year

Last Year

 

$

$

Fees and subscriptions from members

6,730

11,348

Event Income - Members

18,870

0

Event Income - Non Members

21,926

24,835

Interest Received

359

58

Total

47,885

36,241

 

Note 2 : Analysis of Expenses   

 

This Year

Last Year

Costs related to providing goods or services

$

$

CAT1 Equipment Admin

2,503

0

Committee - Other Costs

79

0

Event Accommodation

1,187

483

Event Catering

6,557

5,804

Event Presenter Costs

11,290

9,686

Event Presenter Gifts

561

298

Event Printing & Stationery

1,891

320

Event Room Hire

1,280

1,980

Event Sundry Costs

0

173

Event Travel Costs

2,666

1,228

Event Volunteer Related Costs

0

130

Liability Insurance

880

845

Web Hosting

452

383

Total Costs related to providing goods or services

29,346

21,330

     

Grants and donations made

   

Donations - Support Talking Mats workshop

0

1,000

Grants - Support Postgraduate Research

870

0

Grants - Support Professional Development at ISAAC

3,000

500

Sponsorship - OT Assistive Technology Symposium

0

860

Total Grants and donations made

3,870

2,360

 

 

This Year

Last Year

Other expenses

$

$

Accounting & Consulting Costs

1,379

1,544

Administration Costs

0

78

Bank fees

798

685

Depreciation - Trial Equipment

3,715

2,530

Depreciation - Website

557

0

IT/Audio Conferencing

316

0

Other Expenses

291

0

Website Maintenance

420

0

Total Other expenses

7,476

4,837

     

Total Expenses

40,691

28,527

 

Note 3 : Analysis of Current Assets

 

This Year

Last Year

 

 

$

Bank accounts and cash

   

ASB General Account

61,333

2,950

ANZ General Account

0

34,605

ANZ Forum Account

0

16,026

Total Bank accounts and cash

61,333

53,581

     

Debtors and prepayments

   

Accounts Receivable

1,620

1,080

Total Debtors and prepayments

1,620

1,080

     

Other current assets

   

ASB Term Deposit 72

10,000

10,000

Total Other current assets

10,000

10,000

     

Total Current Assets

72,953

64,661

 

Note 4 : Depreciation Schedule

Cost

Dep
Rate

Categories

Opening
Book Value

Additions (Disposals)

Deprec.

Closing
Book Value

13,118

25.0%

Assistive Technology Equipment

10,588

4,718

3,715

11,591

            -  

25.0%

Website

0

4,455

557

3,898

13,118

 

Total Non-Current Assets

10,588

9,172

4,272

15,488

                                                                              

Note 5 : Current Liabilities

 

This Year

Last Year

Creditors and accrued expenses

$

$

Creditors

8,105

0

Accrued expenses

325

1,890

GST Payable

354

894

Total Current Liabilities

8,783

2,784

 

Note 6 : Accumulated Funds

 

This Year

Last Year

Accumulated Funds

$

$

Opening Balance

72,464

64,751

Surplus/(Deficit) for the Year

7,194

7,713

Total Accumulated Funds

79,658

72,464

 

 

 

 

 

 

 

header logo atanz

ATANZ
C/- TalkLink Trust,
Po Box 44053 Pt Chevalier,
Auckland 1246