Statement of Financial Position
Bundanon Trust
As at 30 June 2020
NOTES | 2020 $ | 2019 $ | |
Assets | |||
Financial Assets | |||
Cash and cash equivalents | 5 | 7,785,129 | 3,074,630 |
Trade and other receivables | 6 | 4,812,611 | 70,316 |
Net GST receivable | 6 | - | 44,041 |
Financial instruments (FVOCI) | 7 | 1,385,960 | 1,251,701 |
Total Financial Assets | 13,983,700 | 4,440,688 | |
Non-Financial Assets | |||
Collection | 8 | 42,729,455 | 42,846,255 |
Land and buildings | 9 | 17,863,927 | 14,247,483 |
Plant and equipment | 10 | 919,572 | 828,840 |
Inventories | 13 | 368,391 | 369,698 |
Intangible assets | 11 | 1,496 | 82,343 |
Other | 12 | 15,815 | 14,719 |
Total Non-Financial Assets | 61,898,656 | 58,389,338 | |
Total Assets | 75,882,356 | 62,830,026 | |
Liabilities | |||
Payables | |||
Suppliers | |||
Trade creditors | 14 | 1,640,122 | 336,900 |
Sundry creditors and accrued expenses | 14 | 151,923 | 216,861 |
Net GST payable | 14 | 178,221 | - |
Total Suppliers | 1,970,266 | 553,761 | |
Other | |||
Deposits (i) | 14 | 45,020 | 40,020 |
Unearned revenue (ii) | 14 | 10,284,841 | 2,717,241 |
Donations in advance (iii) | 14 | 2,664 | 2,665 |
Total Other | 10,332,525 | 2,759,926 | |
Total Payables | 12,302,791 | 3,313,687 | |
Provisions | |||
Employee provisions | 15 | 298,638 | 273,443 |
Total Provisions | 298,638 | 273,443 | |
Hire Purchase Agreements | |||
Hire purchase liabilities | 17 | 10,033 | 48,044 |
Unexpired interest | 17 | (109) | (1,540) |
Total Hire Purchase Agreements | 9,924 | 46,504 | |
Total Liabilities | 12,611,353 | 3,633,634 | |
Net Assets | 63,271,003 | 59,196,392 | |
Equity | |||
Contributed equity | |||
Reserves | 45,249,224 | 45,164,907 | |
Retained Surplus | 18,021,779 | 14,031,485 | |
Total Contributed equity | 63,271,003 | 59,196,392 | |
Total Equity | 63,271,003 | 59,196,392 | |
Visit
https://www.transparency.gov.au/annual-reports/bundanon-trust/reporting-year/2019-20-9