Page 20 - CAO Annual Report 2022

CENTRAL APPLICATIONS OFFICE CENTRAL APPLICATIONS OFFICE CENTRAL APPLICATIONS OFFICE NPC (RF) REGISTRATION NUMBER: 2007/002819/08
NOTES TO THE THE ANNUAL FINANCIAL STATEMENTS (Continued)
(Continued)
FOR THE THE YEAR ENDED 28 FEBRUARY 2022 (Continued)
2 INTANGIBLE ASSETS (Continued)
2022 2021 RR
Carrying value
Computer software - 61 398
Computer software -WIP 42 434 314 39 106 201
42 434 314 39 167 599
Equipment reconciliation
Opening carrying value
39 167 599
34 005
857
Additions 12 707 500 5
5
5
520 000
Disposals - - - - Current year amortisation (9 440 785) (358 258)
Closing carrying value
42 434 314 39 167 599
3 TRADE & OTHER RECEIVABLES
Trade and other receivables is made up as follows:
Trade debtors 905 101 2 355 309
Less: Provision for bad debts - (1 152 000)
Net trade debtors 905 101 1 1 1 203 309
Accrued income – administration fees - 800 986
Income due from DHET - - CACH 3 101 186 - - Deposits paid 25 25 047 047 25 25 047 047 Prepaid expenses 189 868 - Sundry debtors 6 6 210 21 21 116
4 4 227 412 2 2 2 2 055 358 18 ANNUAL REPORT 2021/2022 (PART I)