U3A WARWICK INC
TREASURER’S REPORT
Year ending 30th September 2021
Globe Accounting carried out the audit for the year ending 30th September 2021.
Income for U3A Warwick $10,186.99
Income for Goondiwindi Branch $ 1,740.62
Total Income for the year was $11,927.61
Expenses for U3A Warwick $13,035.07
Expenses for Goondiwindi Branch $ 971.56
Total Expenses for the year were $14,006.63
Therefore there was a loss from $ 2,079.02
ordinary activities of
Current Assets:
Total Assets for U3A Warwick $20,810.76
Total Assets for Goondiwindi Branch $ 1,708.49
Total Assets: $22,519.25
Current Liabilities:
Liabilities for U3A Warwick $ 0.00
Liabilities for Goondiwindi Branch $ 0.00
Total Current Liabilities: $ 0.00
Closing Member’s Funds $22,519.25
U3A Warwick Inc. has adequate cash reserves to meet its obligations and will be able to pay debts as and when they fall due.
Questions?
I move that the Treasurer’s Report be adopted.
Janet Schultz (Treasurer) ………………………………………………………………………………………………..