LITTLE SHIP CLUB (Qld) 2016-17 ANNUAL REPORT

Statement of Financial Position as at 30 June 2016

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Note Little Ship Club Queensland Squadron Statement of Changes in Equity for the year ended 30/06/2017 Notes Retained Earnings Asset Revaluation Reserve Total Little Ship Club Queensland Squadron Statement of Changes in Equity for the year ended 30/06/2017 Notes Retained Earnings Asset Revaluation Reserve Total 2016 2015 $ $ 3 279,124

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Assets Current Assets Cash assets

256,759 51,533 41,795 15,096 365,183

Receivables Inventories Balance at 01/07/2015 Comprehensive income Audit Adjustment Loss attributable to the members Balanc at 01/07/2015 Compreh nsive income Audit Adjustment Loss attributable to the members Other Total Current Assets Non-Current Assets Property, plant and equipment Total Non-Current Assets Other comprehensive income for the year Total comprehen ive income for the year attributable to members of the entity Balance at 30/06/2016 Other comprehensive income for the year T tal comprehensive income for the year attributable to members of the entity Liabilities Current Liabilities Payables Other comprehensive income for the year Total comprehensive income for the year attributable to members of the e tity Other comprehensive income for the year Total comprehensive income for the year attributable to members of the entity Funded Premium Current tax liabilities Balance at 30/06/2017 Balance at 30/06/2017 Super Liability Total Current Liabilities Total Assets C mprehensive income Audit Adjustment Profit attributable to the members Bal nc at 30/06/2016 Comprehensive income Audit Adju tment Profit attributable to the members

117

991,884 1,420,461 2,412,345

4

27,961 17,760

991,884 1,420,461 2,412,345

(2,906) (70,834) (2,906) (70,834) (73,740)

(2,906) (70,834) (2,906) (70,834) (73,740)

324,962

-

(73,740)

-

(73,740)

5

2,088,630 2,088,630

2,127,102 2,127,102

918,144 1,420,461 2,338,605

2,413,592 918,1 4 1,420,461 2,338,605 2,492,285

(2,064) 11,752 (2,064) 11,752 9,688

(2,064) 11,752 (2,064) 11,752 9,688

-

21,133 13,634

19,954 12,935 19,704

9,688

-

9,688

9,079 6,635

927,832 1,420,461 2,348,293

5,735

927,832 1,420,461 2,348,293

50,481

58,328

Non-Current Liabilities Security Token Deposits

24,506 24,506 74,987

21,612 21,612 79,940

Total Non-Current Liabilities

Total Liabilities

Net Assets

2,338,605

2,412,345

Equity

Reserves

1,420,461

1,420,461

Retained profits / (Accumulated losses)

918,144

991,884

Total Equity

2,338,605

2,412,345

The accompanying notes form part of these financial statements.

The accompanying notes form part of these financial statements.

FS.8

Annual Report 2016–2017

Little Ship Club (Queensland Squadron)

The accompanying notes form part of these financial statements.