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Statement of Financial Position

as at 30 June 2020

Notes

2020

$

ASSETS

Financial assets

Cash and cash equivalents

2.1A

20,000

Trade and other receivables

2.1B

1,256,442

Total financial assets

1,276,442

Total assets

1,276,442

LIABILITIES

Payables

Suppliers

2.2A

80,818

Other payables

2.2B

22,350

Total payables

103,168

Provisions

Employee provisions

3.1A

319,502

Total provisions

319,502

Total liabilities

422,670

Net assets

853,772

EQUITY

Accumulated Surplus

853,772

Total equity

853,772

The above statement should be read in conjunction with the accompanying notes.