Page 35 - FSC_AR Status Report

Notes to the Annual Financial Statements
FOREST SECTOR CHARTER COUNCIL
(Registration number 2009/006567/08)
Annual Financial Statements for the year ended 31 March 2023
Figures in Rands
2023
2022
2. Property, plant and equipment
Cost or revaluation
Accumulated Depreciation
Carrying Value
Cost or revaluation
Accumulated Depreciation
Carrying Value
Furniture and fixtures Office equipment
IT equipment Computer software Total
46 889
22 548 117 968 -
187 405
2023
(46 889) (626) (47 205) -
(94 720)
- 93 038 21 922 23 662 70 763 112 882 - 1 999
92 685 231 581
- - 22 548 (2) 26 176 (2)
48 724 (4)
1 330 - 415 - 11 91 792
1 756 91 792
2022
(93 037) (23 661) (36 973)
(1 999)
(155 670)
(1) (625) (31 320)
(31 946)
(1 329) (414) (15 894)
(17 637)
19 186 11 350
30 536
3 625 715 9 278 823
12 904 538
163 856 48 803
212 659
1
1 75 909 -
75 911
- 21 922 70 763
92 685
1 75 909
75 911
2 739 177 11 350
2 750 527
1 719 309 8 747 143
10 466 452
6 649 10 101
16 750
Reconciliation of property, plant and equipment – 2023
Opening Balance
Additions
Disposals
Depreciation
Closing Balance
Furniture and fixtures Office equipment
IT equipment
1
1 75 909
75 911
Reconciliation of property, plant and equipment – 2022
Furniture and fixtures Office equipment
IT equipment
3. Trade and other receivables
Trade receivables Deposits
4. Cash and cash equivalents
Cash and cash equivalents consist of: Bank balances
Interest yielding bank balances
5. Trade and other payables
Trade payables Other payables
Opening Balance
Additions
Depreciation
Closing Balance
ANNUAL REPORT 2022/2023 33