Page 181 - Adopt-a-School Foundation 2016-2017 Annual Report
P. 181
ADOPT-A-SCHOOL FOUNDATION NPC
NOTES TO THE ANNUAL FINANCIAL STATEMENTS
for the year ended 30 June 2017
Figures in Rands 2017 2016
R R
11. expenses
Administration expenses
Accounting fees 58 911 28 865
Advertising 404 150 863 612
Audit Fees 838 707 620 000
Bank charges 148 288 151 070
Subscriptions & Licencing 28 080 8 410
Computer expenses 104 352 80 632
Courier and postage 19 730 20 081
Depreciation 486 981 627 642
Interest paid 65 278 -
Fundraising costs4 4 167 627 3 733 160
Legal fees 31 616 1 384
Printing and stationery 45 056 42 956
Refreshments 48 942 54 311
Office repairs and maintenance 11 697 1 300
Staff costs 2 199 882 2 743 638
Staff, board costs and teambuilding 145 869 70 064
Staff training 196 507 445 100
Shared expenses 404 196 143 775
9 405 869 9 636 000
Project expenses
Insurance 228 229 222 418
Motor expenses 583 058 206 529
Professional fees 466 287 461 570
Project expenses¹ 51 626 415 74 860 780
Projects – local travelling² 2 755 565 3 721 624
Fundraising - projects 823 340 737 509
Telephone and Fax 3 506 110 473 173
Workman’s compensation 258 859 224 842
Shared expenses 2 290 444 814 725
59 538 307 81 723 170
Total operating and project expenses 68 944 176 91 359 170
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