Little Ship Club 2015-15 Annual Report
Little Ship Club Queensland Squadron Statement of Financial Position as at 30 June 2015
Note
2015
2014
$
$
Assets Current Assets Cash assets
3
256,759 51,533 41,795 15,096 3 65,183
192,618
Receivables
1,910
Inventories
4
49,378
Other
12,381
256,287
Total Current Assets
Non-Current Assets
2,127,102 2,127,102
Property, plant and equipment
5
779,292
779,292
Total Non-Current Assets
2,492,285
Total Assets
1,035,579
Liabilities Current Liabilities Payables
19,954
10,359
Funded premium
12,935 1 9,704
Current tax liabilities
9,919
Super Liability
5,735
11,788
5 8,328
32,066
Total Current Liabilities
Non-Current Liabilities Security Token Deposits
21,612
17,887
Total Non-Current Liabilities
21,612
17,887
7 9,940
Total Liabilities
49,953
2,412,345
Net Assets
985,626
Equity
2, 804,168 ( 391,823 ) 2,412,345
Reserves
1,395,609
Retained profits / (Accumulated losses)
(409,983)
985,626
Total Equity
The accompanying notes form part of these financial statements.
5
Little Ship Club (Queensland Squadron)
Annual Report 2014–2015
FS.5
Made with FlippingBook