Fitzroy Learning Network Annual Report - Page 4

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