Page 15 - Riding On Autumn 2022

Natcom meetings & accomoda- 1,238 2,092 Wages Holiday pay 9,375 9,467
tion
Wages Long service leave 968 978
Natcom Meeting & venue costs 1,363 -
Wages ordinary 70,367 91,745
Natcom Meal costs 626 627
Wages overtime 28,335 7,680
Natcom Travel expenses 1,708 7,559
Wages Personal leave/ sick 15,344 2,715
Natcom other expenses 8,906 7,680
Wages superannuation expenses 8,940 10,034
Other first aid rebate 184 152
Wages travel 644 677
Other membership subscriptions 491 591
Wages Redundancy 5,993 -
Other Office rental 35,723 33,879
Staff Training 759 1,609
Other Rider training rebate 473 175
463,613 521,611
Other Sundry expenses 1,484 2,782
(Loss) Profit before income tax
National office moving expense 6,108 - (60,025) (41,103)
(Loss) Profit for the year
Riding on costs publish/mail 76,289 126,347 (60,025) (41,103)
Retained earnings at the
Road safety meeting travel - 2,535
beginning of the financial year 534,144 575,247
Road safety accomodation - 955
Retained earnings at the end of
the financial year
Selling freight outwards - 153 474,119 534,144

ULYSSES CLUB INCORPORATED
ABN: 25 637 297 337
BALANCE SHEET AS AT 31 DECEMBER 2021
2021 2020
$ $
ASSETS
CURRENT ASSETS
Cash and cash equivalents 1,044,980 1,051,923
Trade and other receivables 70,531 105,817
Inventories 36,736 52,587
TOTAL CURRENT ASSETS 1,152,247 1,210,327
NON-CURRENT ASSETS

Property, plant and equipment 21,463 56,332
Intangible assets 2,909 2,909
TOTAL NON-CURRENT ASSETS 24,372 59,241
TOTAL ASSETS 1,176,619 1,269,568
LIABILITIES

CURRENT LIABILITIES
Trade and Other Payables 242,705 259,643
Borrowings - 3,460
TOTAL CURRENT LIABILITIES 242,705 263,103
NON-CURRENT LIABILITIES
Trade and Other Payables 434,299 446,825
TOTAL NON-CURRENT LIABILITIES 434,299 446,825
TOTAL LIABILITIES 677,004 709,928

NET ASSETS 499,615 559,640
EQUITY 25,496 25,496
Retained earnings 474,119 534,144
TOTAL EQUITY 499,615 559,640

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The full report from our Auditor is available on the Club website.

RIDING ON 15