Social Enterprise in School Evaluation Report ACRE Annual Report 2017 Final

Financial Statements STATEMENT OF FINANCIAL POSITION – AS AT 30TH JUNE 2017 2017 $ 2016 $ CURRENT ASSETS Cash and cash equivalents Trade and other receivables Units in Beechworth Gaol Unit Trust Loan to Beechworth Gaol Unit Trust Other assets 193,271 6,341 50,000 250,000 6,420 188,892 26,664 - - - TOTAL CURRENT ASSETS 506,032 215,556 $506,032 $215,556 CURRENT LIABILITIES Trade and other payables Deferred grant income 20,797 250,000 54,753 - TOTAL CURRENT LIABILITIES 270,797 54,753 - - 270,797 54,753 $235,235 $160,803 1 235,234 1 160,802 $235,235 $160,803 ASSETS TOTAL ASSETS LIABILITIES NON-CURRENT LIABILITIES TOTAL LIABILITIES NET ASSETS EQUITY Issued capital Retained earnings TOTAL EQUITY INCOME AND EXPENDITURE – YEAR 30TH JUNE 2017 Revenue Other Income Expenses SURPLUS FOR THE YEAR 2017 $ 2016 $ 588,819 986 (515,373) 500,073 1,107 (430,348) $74,432 $70,832 19

Social Enterprise in School Evaluation Report ACRE Annual Report 2017 Final | Page 19