Fitzroy Learning Network Inc.
Annual Financial Report
For the year ended 30 June 2016
Statement of Financial Position
As at 30 June 2016
Current Assets
Cash and Cash Equivalents
Receivables
Other Assets
Note
13(a)
5
6
Total Current Assets
2016
2015
$
$
98,696
66,630
9,097
387,100
63,487
12,450
174,423
463,037
18,947
13,744
18,947
13,744
193,370
476,782
112,334
12,134
49,998
59,008
17,735
265,000
174,466
341,743
Non-Current Assets
Equipment and Property Improvements
7
Total Non-Current Assets
Total Assets
Current Liabilities
Payables
Employee Benefits
Deferred Income
8
9
10
Total Current Liabilities
Non-Current Liabilities
Employee Benefits
Total Non-current Liabilities
Total Liabilities
9
-
-
-
-
174,466
341,743
18,904
135,039
Accumulated Funds
18,904
135,038
Total Members Funds
18,904
135,038
Net Assets
Members Funds
The notes on pages 5 to 12 are to be read in conjuction with these financial statements.
2