CCF Annual Report 2016/17 Financial Year | Page 45

STATEMENT OF financial poSition as at 30 JUNE 2017 CONT’D
2017 $ 2016 $
2,000 2,000
Borrowings 756, 562 54,338
Total Non Current Liabilities 758,562 56,338
2,433,324 1,515,978
1,848,793 1,798,277
2,000 2,000
Retained earnings 1,846,793 1,796,277
Total Equity 1,848,793 1,798,277
NON CURRENT LIABILITIES
Trade and other payables
Total Liabilities
NET ASSETS
EQUITY
Reserves
STATEMENT OF CHANGES IN MEMBERS’ FUNDS FOR THE YEAR
ENDED 30 JUNE 2017
2017 $
Balance as at 1 July 2015
Profit /(Loss) attributable to members
Balance at 30 June 2016
Reserve balance at 30 June 2016
Balance as at 1 July 2016
Profit /(Loss) attributable to members
Balance at 30 June 2017
Reserve balance at 30 June 2017
1,774,874
21,403
1,796,277
2,000
1,796,277
50,516
1,846,793
2,000