Treasurer’s Report
have held the Office of Treasurer. I now pass
that batten on to the incoming treasurer.
The Audited Financial Reports for the year
ended 30th June 2014 for the Fitzroy Learning
Network are included in the Annual Report.
Scott Thornton, who is sadly no longer with us,
led me through the maze of FLN’s record keeping
processes and oversaw the beginnings of our
transition to running our accounts independently of
The Brotherhood of St Lawrence. Vasco Tanevski
took over this work and completed that transition
with the support of one of our long standing
volunteers, Suzanne Findlay. I extend a special
thanks to Suzanne for her contribution to the Finance
Committee and office management over the last four
years. I’d also like to acknowledge the contribution
of Rouba Al Marsi who stepped into the breach as
interim finance officer earlier this year when Vasco
needed to take time away from the position.
Fitzroy Learning Network posted a $75,000
surplus for the 2014 Financial Year compared to
a $10,870 deficit for the previous year. Although
some of this surplus is attributable to delayed
income for 2013, it remains a very good result.
On behalf of the Board I thank all our funding bodies
and private donors for their ongoing support. It is
due to their generous support that we are able to
offer our programs and services to the community.
The Budget for 2015 is well within the margins
of manageability over the course of the next
few months and with more solid work on
obtaining much needed resources we expect
the FLN to be sustainable into the future.
I’m sure the year ahead will be another good
one for FLN and I look forward to offering my
support in alternative ways to being Treasurer.
I wish to extend my thanks to The Board, Finance
Committee members and management for
their support over the last four years that I
Keren Dattner
Statement of Changes in Equity
For the Year Ended 30 June 2014
Accumulated
Funds
$
Balance at 1 July 2012
174,339
Total comprehensive income/
(loss) for the period
(10,870)
Balance at 30 June 2013
163,469
Balance at 1 July 2013
163,469
Total comprehensive income/
(loss) for the period
Balance at 30 June 2014
75,406
238,875
12
On behalf
of
Board I th the
an
all our fun k
di
bodies an ng
d
donors for private
th
ongoing sup eir
port