Page 13 - CAO Annual Report 2023-24

CENTRAL APPLICATIONS OFFICE
CENTRAL APPLICATIONS OFFICE NPC (RF) REGISTRATION NUMBER: 2007/002819/08
STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2024
Notes 2024 2023 RR
ASSETS
NON-CURRENT ASSETS
Equipment 1 4 509 174 1 647 039
Intangible assets 2 42 822 837 43 392 862
47 332 011 45 039 901
CURRENT ASSETS
Trade and other receivables 3 3 396 528 4 040 013
Bank & cash 4 62 185 255 49 906 055
TOTAL CURRENT ASSETS 65 581 783 53 946 068
TOTAL ASSETS 112 913 794 98 985 969
RESERVES
Accumulated funds 103 978 780 91 835 435
CURRENT LIABILITIES
Trade and other payables 5 7 279 018 5 635 106
Leave pay provision 1 646 210 1 455 874
Credit cards 4 9 786 59 554
TOTAL CURRENT LIABILITIES 8 935 014 7 150 534
TOTAL RESERVES AND LIABILITIES 112 913 794 98 985 969
ANNUAL REPORT 2023/2024 11