Treasurer’s Report for IT-SIG 2007–2008
Statement of Financial Position
| |
2008 |
2007 |
| Accumulated funds |
| Balance as at 1 July |
$2493.13 |
$2,106.09 |
| Surplus/(Deficit) of revenue over expenditure |
$628.64 |
$387.04 |
| TOTAL ACCUMULATED FUNDS |
$3121.77 |
$2,493.13 |
| Represented by |
| Current Assets |
| Cash at bank |
$3121.80 |
$2,493.16 |
| Receivable |
$0.00 |
$0.00 |
| Total Current Assets |
$3121.80 |
$2,493.16 |
| less: Current Liabilities |
| Accounts payable |
$0.00 |
$0.00 |
| Total Current liabilities |
$0.00 |
$0.00 |
| Total current assets less current liabilities |
$3121.80 |
$2,493.16 |
Statement of Financial Performance
| |
2008 |
2007 |
| Revenue |
| LIANZA grant |
$943.40 |
$979.00 |
| Bank fee refund |
$0.00 |
$0.00 |
| Interest |
$4.00 |
$3.11 |
| GST refunds from LIANZA |
$18.76 |
$81.20 |
| TOTAL REVENUE |
$966.16 |
$1,063.31 |
| Expenditure |
| LIANZA sponsorship |
$0.00 |
0.00 |
| VALA sponsorship |
$0.00 |
0.00 |
| Digiweb wiki setup/hosting |
$337.52 |
$337.52 |
| Digiweb file restore |
$0.00 |
$0.00 |
| Audioconference charges |
$0.00 |
$338.72 |
| Bank charges |
$0.00 |
$0.00 |
| TOTAL EXPENDITURE |
$337.52 |
$676.27 |
| Surplus/(Deficit) of income over expenditure |
$628.64 |
$387.04 |
Comments
- The balance at bank of 3121.80 reflects a continuing healthy level of membership but some thought needs to be given to how some of this money should be spent.
- The grant from LIANZA is at a steady level but still not as much as the $1413.31 of 2003.
- No sponsorships were granted in the current financial year.
- There were no audioconferences and money was saved. Can we conference online next year?
- The above Profit and Loss Account and Balance sheet were sent to Anna O’Keeffe at LIANZA at the end of July.
John Laurie, Treasurer [Treasurer’s Report for IT-SIG 2007–2008]
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