Treasurer’s Report for IT-SIG 2010–2011
Statement of Financial Position
| | 2011 | 2010 |
| Accumulated funds |
| Balance at start of year | $2774.09 | $3814.94 |
| Surplus/(deficit) of revenue over expenditure | ($105.12) | ($1040.85) |
| TOTAL ACCUMULATED FUNDS | $2668.97 | $2774.09 |
| Represented by |
| Current Assets |
| Cash at bank | $2668.97 | $2774.09 |
| Total Current Assets | $2668.97 | $2774.09 |
| less: Current Liabilities |
| Accounts payable | $0.00 | $0.00 |
| Total Current liabilities | $0.00 | $0.00 |
| Total current assets less current liabilities | $2668.97 | $2774.09 |
Statement of Financial Performance
| | 2011 | 2010 |
| Revenue |
| LIANZA grant | $967.92 | $1003.44 |
| Interest | $4.31 | $5.71 |
| GST refunds from LIANZA | $50.64 | $37.52 |
| Barcamp registrations | $900.00 | $0.00 |
| TOTAL REVENUE | $1922.87 | $1046.67 |
| Expenditure |
| Digiweb wiki hosting | $341.26 | $337.52 |
| Bank charges | $40.00 | $25.00 |
| Barcamp | $1646.73 | $0.00 |
| VALA sponsorship | $0.00 | $1725.00 |
| TOTAL EXPENDITURE | $2027.99 | $2087.52 |
| Surplus/(deficit) of income over expenditure | ($105.12) | ($1040.85) |
Bob Pearson, Treasurer
