NEADS Membership Report 2010-2012
Audited Financial Statements
STATEMENT OF FINANCIAL POSITION
AS AT MARCH 31, 2012
2012 | 2011 | |
---|---|---|
ASSETS | ||
Cash | 48,462 | 3,018 |
Short-term deposits | 13,142 | 86,090 |
Accounts receivable | 10,875 | |
Recoverable H.S.T./G.S.T. | 1,779 | 11,706 |
74,258 | 100,814 | |
LIABILITIES | ||
Accounts payable and accrued liabilities | 31,172 | 34,882 |
Deferred revenue | 33,943 | 71,333 |
65,115 | 106,215 | |
MEMBERS’ SURPLUS (DEFICIT) | ||
BALANCE - BEGINNING OF YEAR | ( 5,401) | ( 54,174) |
Net revenue for the year | 14,544 | 48,773 |
BALANCE - END OF YEAR | 9,143 | ( 5,401) |
74,258 | 100,814 |