Statement of Income and Expenditure
Operating Statement
Notes
Table of Cash Movement for Designated Purposes
|
STATEMENT OF INCOME AND EXPENDITURE
|
| FOR PERIOD 1 DECEMBER 2000 TO 30 NOVEMBER 2001 |
| DETAILS |
1999-2000 |
2000-01 |
| |
$ |
$ |
| INCOME |
|
|
| Donations |
223,813 |
181,247 |
| Interest |
7,199 |
11,812 |
| Bequests |
38,106 |
1,331 |
| Exchange Translation Gain |
54 |
|
| Transfer Unspent funds from No 2 Bank Account |
67,289 |
|
| Botswana Appeal |
15,044 |
|
| Sundries |
33 |
3 |
| TOTAL INCOME |
351,538 |
194,393 |
| EXPENDITURE |
|
|
| DIRECT GRANTS |
|
|
| PNG BEMA |
1,076 |
15,000 |
| PNG Kanabea |
100,000 |
65,000 |
| Botswana |
|
15,000 |
| PNG Cluny Sisters- Travel Costs to Kanabea and from India |
1,895 |
|
| Columban Fathers-Common pots-Sth America. |
30,000 |
|
| Columban Fathers Pakistan |
|
16,000 |
| PNG Boroko Sponsorship of Student Education |
|
1,500 |
| PNG Boroko- Maino Heduru Youth Centre |
10,000 |
|
| PNG Lay Missionary Support |
2,000 |
|
| PNG Cluny Sisters- Projects |
|
5,000 |
| St Pauls School for the Blind Overseas Aid |
23,000 |
48,000 |
| Vietnam - Flood Relief |
15,000 |
|
| Sierra Leone-Emergency Medical Supplies & Rehabilitation |
20,000 |
|
| Bouganville- People's Development |
20,000 |
|
| Bomano PNG- People's Development |
60,000 |
|
| Mission Assistance - Domestic Project |
|
3,058 |
| Albania Medical Rehabilitation |
20,000 |
|
| Bouganville freight on emergency supplies |
3,000 |
|
| East Timor Technical Education improvement |
10,000 |
|
| East Timor-Railaco Lima Development Plan Community |
25,000 |
|
| PNG-Waigani- Holy Spirit Seminary |
20,000 |
5,000 |
| TOTAL DIRECT GRANTS |
360,971 |
173,558 |
| OTHER COSTS |
|
|
| Lay Missionary Support Training (Gambia) |
|
6,555 |
| ADMINISTRATIVE / PROMOTIONAL COSTS |
|
|
| Postage/Photocopying/Telephone |
2,130 |
2,198 |
| Printing and Stationery |
162 |
2,451 |
| Appeal Publicity |
4,838 |
5,290 |
| Credit Card Costs |
1,164 |
719 |
| Depreciation |
1,106 |
670 |
| Computer supplies and other costs |
5,182 |
6,584 |
| Conference and travel expenses |
1,528 |
605 |
| ACFOA Membership |
1,360 |
2,408 |
| Sundries |
557 |
259 |
| Audit Fees |
1,000 |
1,000 |
| TOTAL ADMIN/PROM COSTS |
19,027 |
22,184 |
| TOTAL EXPENDITURE |
379,998 |
202,297 |
| EXCESS OF INCOME OVER EXPENDITURE (Deficit) |
(28,460) |
(7,904) |
| |
|
|
| TOTAL |
351,538 |
194,393 |
| |
|
STATEMENT OF FUNDS AS AT 30 NOVEMBER 2001
|
| |
| |
$ |
$ |
| Funds on hand at 1 December |
60,549 |
32,089 |
| add excess of income over expenditure |
|
|
| less excess expenditure over income |
(28,460) |
(7,904) |
| |
|
|
| Less adjustments to accumulation account |
|
|
| TOTAL |
32,089 |
24,185 |
| Represented by:- |
|
|
| |
|
|
| Catholic Development Fund |
23,367 |
16,867 |
| Computer equipment |
15,404 |
15,404 |
| less provision for depreciation |
(13,655) |
(14,325) |
| Prepayments |
6,740 |
6,815 |
| Sundry debtors |
233 |
961 |
| Sundry Creditors |
|
(1,537) |
| TOTAL |
32,089 |
24,185 |
|
OPERATING STATEMENT FOR YEAR ENDED 30 NOVEMBER 2001
|
| |
|
REVENUE
|
2001 |
2000 |
| |
$ |
$ |
| Donations and gifts-monetary and non- monetary (1) |
692,107 |
599,404 |
| Legacies and Bequests |
1,331 |
38,106 |
| Investment Income |
11,812 |
7,199 |
| Other Income |
3 |
67,376 |
| |
|
|
| TOTAL REVENUE |
705,253 |
712,085 |
| |
|
DISBURSEMENTS
|
|
| |
|
Overseas Projects
|
| * Funds to overseas projects (1) |
687,915 |
719,518 |
| * Other project costs |
|
2,000 |
| Domestic Projects |
3,058 |
|
| Community Education |
|
|
| Fundraising Costs |
| * Public |
|
|
| *Government and Multilaterals |
|
|
| Administration |
22,184 |
19,027 |
| |
|
|
| TOTAL DISBURSEMENTS |
713,157 |
740,545 |
| |
|
|
| Excess of Revenue over Disbursements (shortfall) |
(7,904) |
(28,460) |
| Funds available for future use at beginning of financial year |
32,089 |
60,549 |
| Amounts transferred to reserves |
24,185 |
32,089 |
| |
|
STATEMENT OF FINANCIAL POSTION AS AT 30 NOVEMBER 2001
|
| |
|
ASSETS
|
|
| |
| Cash |
16,867 |
23,367 |
| Investments |
|
|
| Property. plant and equipment |
15,404 |
15,404 |
| Other |
7,776 |
6,973 |
| |
|
|
| TOTAL ASSETS |
40,047 |
45,744 |
| |
|
LIABILITIES
|
|
|
| |
| Creditors and borrowings |
1,537 |
NIL |
| Provision for depreciation |
14,325 |
13,655 |
| |
| TOTAL LIABILITIES |
15,862 |
13,655 |
| |
| Net Assets |
24,185 |
32,089 |
|
EQUITY
|
|
|
| |
| Funds available for future use |
24,185 |
32,089 |
| |
| TOTAL EQUITY |
24,185 |
32,089 |
Notes
|
Note 1: During the financial year 2000-2001, the St. Paul Overseas Aid Fund (OAF) Committee packed and forwarded to 51 Mission Stations a total of 746 boxes (468 in 99/00) and each weighing an average of 16K and valued overall at $510,860 ($360,547 in 99/00)
Melbourne Overseas Mission Fund assisted St Paul�s OAF in meeting the large freight cost on these boxes by contributing $48,000 ($23,000 in 99/00) Any extra freight cost, if any, was borne by St. Paul�s OAF from its own resources.
Items contained in the boxes consisted of urgently required medical supplies such as wound dressings and bandages, soap, sheets, blankets and clothing. |
Table of cash movements for designated purposes summary
| available at beginning of the year - $23,367 |
disbursed during the year - $201,938 |
| raised during year - $195,438 |
available at end of year - $16,867 |
| Bishop Chris Prowse visits PNG with photographer Dave Tacon
In August 2006, Bishop Chris Prowse made is journey to Papua New Guinea to visit the highland missions.
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