Page 48 - CPM Sri Lanka ANNUAL REPORT 2022

46 Report of the
Financial
Milestones Financial Governing Governing Committees Operational Financial
Highlights
Statements
Review
Structure
Statements
Council
CPM Sri Lanka | Annual Report 2021-2022
STATEMENT OF FINANCIAL POSITION

As at 31 March, Note 2022 2021 The financial statements are to be read in

conjunction with the related notes, which form an
Rs. Rs. integral part of these financial statements of the
Assets Institute.
Non current assets
Equipment 4 2,264,675 324,093
2,264,675 324,093
…………………………..............................
Current assets M. Basheer Ismail
Receivable 550,000 - Treasurer
Fixed deposit 25,777,299 19,011,059
Refundable deposit 1,675,000 25,000
Cash and cash equivalents 5 102,345 285,370
28,104,644 19,321,429
Total assets 30,369,319 19,645,522 The Governing Council is responsible for the
preparation and presentation of these financial
statements in accordance with SLFRS for SMEs.
Funds and liabilities
Funds Approved and signed for and on behalf of the
Accumulated fund 29,479,128 19,196,791 Governing Council;
29,479,128 19,196,791

Current liabilities …………………………..............................
Accrued expenses 6 639,044 300,096 Prof. Lakshman R Watawala
Bank overdraft 5 251,147 148,635 Founder and President
890,191 448,731
Total liabilities 890,191 448,731
Total funds and liabilities 30,369,319 19,645,522
…………………………..............................
Kosala M. Dissanayake
Secretary

13 November 2022
th
Colombo
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