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HARTLEY COLLEGE PAST PUPILS ASSOCIATION OF CANADA & USA |
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FINANCIAL STATEMENT FOR THE YEAR ENDED SEPT. 30, 2011 |
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BALANCE SHEET |
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NOTE |
2011 |
2010 |
2009 |
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ASSETS |
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CASH IN HAND & BANK |
1 |
6,199.41 |
7,699.11 |
2605.77 |
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TERM DEPOSIT WITH TD BANK |
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25,811.96 |
25,811.96 |
20,427.29 |
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ACCOUNTS RECEIVABLE |
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60.00 |
0.00 |
2,273.01 |
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PREPAID EXPENSES |
2 |
1,120.00 |
525.00 |
1,456.45 |
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INVENTORY -MUGS |
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400.00 |
561.30 |
561.30 |
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TOTAL ASSET |
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33,591.37 |
34,597.37 |
27,323.82 |
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FUNDS AND LIABILITIES |
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ACCOUNTS PAYABLE AND ACCRUALS |
3 |
907.67 |
273.00 |
143.00 |
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LIFE MEMBERSHIP FUND |
4 |
22,500.00 |
21,900.00 |
20,700.00 |
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PRESENT COLLEGE NEED FUND |
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0.00 |
2,387.87 |
2,105.04 |
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ATPUT NAVA FUND |
5 |
19.38 |
519.38 |
0.00 |
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KAURNANITHY FUND |
6 |
40.82 |
1,800.00 |
1,450.00 |
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C.P.THAMOTHIRAM FUND |
7 |
0.00 |
2,000.00 |
0.00 |
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PICNIC CONTRIBUTION C/F |
8 |
437.02 |
419.69 |
0.00 |
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FUND RAISED FOR LAND PURCHASE |
9 |
0.00 |
0.00 |
0.00 |
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OTHER SOCIAL FUNDS |
10 |
1,437.37 |
437.37 |
437.37 |
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TOTAL FUND |
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24,434.59 |
29,464.31 |
24,692.41 |
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OPERATING SURPLUS B/F |
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4,860.06 |
2,488.41 |
5,543.29 |
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OPERATING SURPLUS FOR THE YEAR |
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3,389.05 |
2,371.65 |
-3,054.88 |
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TOTAL OPERATING SURPLUS |
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8,249.11 |
4,860.06 |
2,488.41 |
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TOTAL LIABILITY |
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33,591.37 |
34,597.37 |
27,323.82 |
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Treasurer |
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President |
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N. Navaneethan |
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M. R. Rajezwaran |
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Auditor's Report |
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To the members of Hartley College Past Pupils Association Canada & USA,
We have examined the financial statements of HCPPA Canada & USA as of
September 30, 2011 and the activities of the year then ended. Our
responsibility is to express an opinion on these financial statements
based on our examination |
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In our opinion these financial statements present fairly in all material
respect the financial position of the association as of September 30,
2008 and the results of its operation for the year then ended. |
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S. Krishnalingam |
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S. Sivakumaran |
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Auditors |
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STATEMENT OF OPERATIONS FOR THE YEAR ENDED SEPT 30, 2011 |
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(With comparative figures). |
STATEMENT OF OPERATION &
OPERATING SURPLUS BALANCE |
NOTE |
2011 |
2010 |
2009 |
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REVENUE |
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AGM & DINNER |
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3,430.43 |
1,857.49 |
131.74 |
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BENEFIT SHOW |
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0.00 |
995.00 |
0.00 |
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INTEREST ON TERM DEPOSITS |
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661.07 |
603.31 |
956.97 |
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ANNUAL MEMBERSHIP |
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10.00 |
0.00 |
80.00 |
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4,101.50 |
3,455.80 |
1,168.71 |
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EXPENDITURE |
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GEN. EXPENSES |
11 |
712.45 |
640.15 |
1,666.59 |
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SOUVENIR AD REVENUE REVERSED |
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0.00 |
0.00 |
1,300.00 |
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PROVISION FOR DOUBTFUL DEBTS |
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0.00 |
0.00 |
1,145.00 |
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712.45 |
640.15 |
4,111.59 |
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OPERATING SURPLUS - THE YEAR |
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3,389.05 |
2,815.65 |
-2,942.88 |
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LESS DISBURSEMENTS |
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0.00 |
444.00 |
112.00 |
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OPERATING SURPLUS FOR THE YEAR |
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3,389.05 |
2,371.65 |
-3,054.88 |
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INCOME FROM EVENTS |
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2011 |
2010 |
2009 |
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AGM & DINNER |
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REVENUE |
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TICKETS & BAR SALE |
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5,112.22 |
4,035.00 |
4,285.00 |
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ADVERTISEMENT |
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2,460.00 |
1,830.00 |
1,520.00 |
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RAFFLE/ OTHERS |
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0.00 |
0.00 |
64.00 |
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7,572.22 |
5,865.00 |
5,869.00 |
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EXPENSES |
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HALL, FOOD & LIQUOR |
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2,975.00 |
3,021.78 |
4,000.00 |
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PRINTING |
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750.00 |
720.00 |
1,050.00 |
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MISC/ ENT. EXPENSES |
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416.78 |
265.73 |
687.26 |
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4,141.78 |
4,007.51 |
5,737.26 |
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REVENUE OVER EXPENSES |
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3,430.44 |
1,857.49 |
131.74 |
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BENEFIT SHOW |
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TICKET SALE |
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1,445.00 |
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ADVERTISEMENT |
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0.00 |
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1,445.00 |
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EXPENSES |
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HALL |
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300.00 |
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PRINTING |
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150.00 |
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450.00 |
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REVENUE OVER EXPENSES |
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995.00 |
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NOTES |
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1 |
CASH IN HAND & BANK |
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Cash in hand |
963.77 |
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9 |
FUND RAISED FOR LAND |
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Cash in TD bank |
5,235.64 |
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A. Rabikanth |
60.00 |
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6,199.41 |
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A. Shanmugavadivel |
250.00 |
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2 |
PREPAID EXPENSES |
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A. Somaskanda |
100.00 |
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Hall rent for AGM prepaid |
1,000.00 |
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David Gnanaratnam |
250.00 |
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Gift Cards inventory |
120.00 |
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V. Eeswaranathan |
150.00 |
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1,120.00 |
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K. Iswara |
997.82 |
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3 |
AP AND ACCRUALS |
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Karu Chinniah |
500.00 |
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Amount payable to Web-team |
243.00 |
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K. Rajaratnam |
60.00 |
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Picnic expenses paid in October |
326.61 |
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K. Sivayoganathan |
100.00 |
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News letter printing & mailing |
338.06 |
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M. Atputhanathan |
200.00 |
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907.67 |
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R, Rajezwaran |
346.17 |
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4 |
LIFE MEMBERSHIP |
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R. Blanchard |
20.00 |
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balance b/f |
21,900.00 |
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R. Kuberarajan |
20.00 |
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Kiruthihan Kumarasamy |
100.00 |
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R. Kumararajan |
20.00 |
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Prasanth Satkunanathan |
100.00 |
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R. Sooriyakumaran |
99.00 |
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Arumugam Kandiah |
100.00 |
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S. Gunanayagam |
249.00 |
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Sugunthan Sathiyaseelan |
100.00 |
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S. Ramachandiran |
20.00 |
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Ayathuray Rajasingam |
100.00 |
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S. Sabapathipillai |
50.00 |
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Kanageswari Rajasingam |
100.00 |
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S, Sathiyaseelan |
50.00 |
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22,500.00 |
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P. Sivananthan |
1,000.00 |
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5 |
ATPUT NAVA FUND |
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T. Kulasingam |
50.00 |
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balance b/f |
519.38 |
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V. Jayaraman |
250.00 |
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Trs to Global Trust |
500.00 |
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K. Kangatharan |
250.00 |
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19.38 |
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V. Vivekananthan |
50.00 |
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6 |
K. KARUNANITHY FUND |
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V. Sundaramoorthy |
200.01 |
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balance b/f |
1,800.00 |
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V. Shanmuganayagam |
20.00 |
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S.Sivakumaran |
200.00 |
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J. Atputharajah |
20.00 |
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R. Rajezwaran |
40.82 |
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5,382.00 |
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2,040.82 |
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Trs to Global Trust |
5,382.00 |
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Trs to Global Trust |
2,000.00 |
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0.00 |
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40.82 |
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10 |
OTHER SOCIAL FUNDS |
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7 |
C.P. THAMOTHIRAM FUND |
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balance b/f |
437.37 |
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balance b/f |
2,000.00 |
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Donation by Dr.Shanthakumar |
1,000.00 |
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Trs to Global Trust |
2,000.00 |
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1,437.37 |
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0.00 |
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11 |
GENERAL EXPENSES |
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8 |
PICNIC CONTRIBUTION SURPLUS |
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Newsletter AGM printing & mailing |
338.06 |
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balance b/f |
419.69 |
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Corporate filing |
78.25 |
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Contribution in 2011 |
1,880.00 |
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Bank charges |
50.00 |
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2,299.69 |
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Postage, photo copying misc |
73.74 |
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Expenses in 2011 |
1,862.67 |
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Mugs written off |
161.30 |
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437.02 |
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Exchange loss |
11.10 |
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712.45 |
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