Treasurer’s Report for IT-SIG 2006–2007
Statement of Financial Position
| | 2006 | 2007 |
| Accumulated funds |
| Balance as at 1 July | $2392.98 | $2,106.09 |
| Surplus/(Deficit) of revenue over expenditure | ($286.89) | $387.04 |
| TOTAL ACCUMULATED FUNDS | $2106.09 | $2,493.13 |
| Represented by |
| Current Assets |
| Cash at bank | $2106.09 | $2,493.16 |
| Receivable | $0.00 | $0.00 |
| Total Current Assets | $2106.09 | $2,493.16 |
| less: Current Liabilities |
| Accounts payable | $0.00 | $0.00 |
| Total Current liabilities | $0.00 | $0.00 |
| Total current assets less current liabilities | $2106.09 | $2,493.16 |
Statement of Financial Performance
| | 2006 | 2007 |
| Revenue |
| LIANZA grant | $925.60 | $979.00 |
| Bank fee refund | $0.00 | $0.00 |
| Interest | $3.55 | $3.11 |
| GST refunds from LIANZA | $9.38 | $81.20 |
| TOTAL REVENUE | $938.53 | $1,063.31 |
| Expenditure |
| LIANZA sponsorship | $0.00 | 0.00 |
| VALA sponsorship | $750.00 | 0.00 |
| Digiweb wiki setup/hosting | $337.52 | $337.52 |
| Digiweb file restore | $0.00 | $0.00 |
| Audioconference charges | $137.90 | $338.72 |
| Bank charges | $0.00 | $0.00 |
| TOTAL EXPENDITURE | $1225.42 | $676.27 |
| Surplus/(Deficit) of income over expenditure | ($286.89) | $387.04 |
Comments
- The balance at bank of 2493.16 remains a healthy surplus for the group, representing more than 2 1/2 years of income.
- The grant from LIANZA is up again on the figures for 2006 and 2005 but still not as much as the $1413.31 of 2003.
- No sponsorships were granted in the current financial year.
- Audioconference charges (338.72) are more than double 2005 and 2006. The first payment of 131.34 paid on 04.08.06 relates to a conference from the previous year. The second payment of 207.38 is for the audioconference held in October 2006.
- The above Profit and Loss Account and Balance sheet were sent to Steve Graves at the beginning of August.
John Laurie, Treasurer
[Treasurer’s Report for IT-SIG 2006–2007]
