|
Statement of Comprehensive Income for the year ended 31 March 2011
| |
2011 |
|
2010 |
| |
$ |
|
$ |
| INCOME |
|
|
|
| Donations |
106,789 |
|
104,746 |
| Amortisation of deferred capital grant |
35,365 |
|
35,365 |
| Government subvention |
8,234,411 |
|
7,570,119 |
| Rehabilitation fees |
199,815 |
|
125,130 |
| Residents maintenance fee |
- |
|
36,667 |
| Other income |
194,289 |
|
375,738 |
| Funding from NCSS and Comchest |
53,879 |
|
- |
|
___________ |
|
___________ |
|
8,824,548
___________ |
|
8,247,765
___________ |
|
|
|
|
|
|
|
|
| LESS: EXPENDITURE |
|
|
|
| Depreciation |
237,564 |
|
186,126 |
| Staff costs |
6,448,202 |
|
4,945,460 |
| Programme management expenses |
1,937,240 |
|
1,576,203 |
| Other operating expenses |
1,566,133 |
|
1,153,735 |
|
___________ |
|
___________ |
|
10,189,139
___________ |
|
7,861,524
___________ |
|
|
|
|
| (DEFICIT)/SURPLUS BEFORE TAX |
(1,364,591) |
|
386,241 |
|
|
|
|
| Income tax expense |
- |
|
- |
|
___________ |
|
___________ |
| (DEFICIT)/SURPLUS FOR THE YEAR |
(1,364,591) |
|
386,241 |
|
|
|
|
| OTHER COMPREHENSIVE INCOME |
- |
|
- |
|
|
|
|
| TOTAL COMPREHENSIVE (LOSS)/INCOME FOR |
___________ |
|
___________ |
| THE YEAR |
(1,364,591)
___________ |
|
386,241
___________ |
|
|
| |
2011 |
|
2010 |
| |
$ |
|
$ |
| ASSETS |
|
|
|
| Non-current assets |
|
|
|
| Plant and equipment |
794,287
___________ |
|
578,109
|
|
|
|
|
| Current assets |
|
|
|
| Receivables |
97,738 |
|
104,705 |
| Prepayments |
31,790 |
|
18,497 |
| Cash and cash equivalents |
2,405,733 |
|
3,889,032 |
| |
___________ |
|
___________ |
| Total current assets |
2,535,261
___________ |
|
4,012,234
___________ |
|
|
|
|
| Total assets |
3,329,548
___________ |
|
4,590,343
___________ |
|
|
|
|
| LIABILITIES |
|
|
|
| Current liabilities |
|
|
|
| Payables |
611,967
___________ |
|
471,355
___________ |
|
|
|
|
| Non-current liabilities |
|
|
|
| Deferred capital grant |
27,077 |
|
62,442 |
| |
___________ |
|
___________ |
| Total non-current liabilities |
27,077
___________ |
|
62,442
___________ |
|
|
|
|
| Total liabilities |
639,044
___________ |
|
533,797
___________ |
|
|
|
|
| Net assets |
2,690,504
___________ |
|
4,056,546
___________ |
|
|
|
|
| REPRESENTED BY: |
|
|
|
| Huong van fund |
1,548 |
|
1,710 |
| Sai Blanket project fund |
109,967 |
|
111,256 |
| Accumulated fund |
2,578,989 |
|
3,943,580 |
| |
___________ |
|
___________ |
| Total funds |
2,690,504
___________ |
|
4,056,546
___________ |
| |
|
|
|
|
