Page 23 - 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)
10 RELATED PARTY INFORMATION
(continued)
2022 2021 RR
The following entities are related parties to the Company:
Durban University of Technology
Mangosuthu University of Technology
University of KwaZulu-Natal
University of Zululand
10 2 Material related party transactions
Income received from:
Durban University of Technology
82 322 20 721
University of KwaZulu-Natal
-
-
36 700
Consulting fees
paid:
Mr D Wilkinson
21 927 80 750
10 3 Key management remuneration
Key management remuneration
paid 2 076 104 1 1 1 951 667
11 GOING CONCERN
The annual financial statements have been prepared on on on on on on the the basis basis of of of accounting policies applicable to to a a a a a a a a a a a a a a a a a a a a a a a a a a a a going concern This basis basis presumes that that funds will will be be available to to finance future operations and and and that that the the the realisation of of of of assets and and and settlement of of of of liabilities contingent obligations and and and commitments will will occur fin in in in the ordinary course of business ANNUAL REPORT 2021/2022 (PART I)
21 21