Page 8 - NYAA FY2024
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Docusign Envelope ID: F067D57E-6E60-4F26-8227-97F17DC4DBB9
NATIONAL YOUTH ACHIEVEMENT AWARD ASSOCIATION
BALANCE SHEET
As at 31 December 2024
Note 2024 2023
$ $
ASSETS
Current assets
Cash and bank deposits 5 450,367 300,000
Other current assets 6 33,346 37,210
483,713 337,210
Non-current assets
Investment property 7 216,433 227,823
Property, plant and equipment 8 54,499 202,220
Deposits 45,039 41,968
315,971 472,011
Total assets 799,684 809,221
LIABILITIES
Current liabilities
Other payables 11 147,003 151,852
Borrowings 12 52,978 226,482
199,981 378,334
Non-current liabilities
Borrowings 12 - 52,974
-
Total liabilities 199,981 431,308
NET ASSETS 599,703 377,913
Represented by:
Accumulated surplus fund 299,703 77,913
Endowment fund 13 300,000 300,000
599,703 377,913
The accompanying notes form an integral part of these financial statements.
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