Page 347 - Department of Social Development Annual Report 2021
P. 347
PART E: FINANCIAL INFORMATION
SOCIAL RELIEF FUND
Statement of Financial Performance for the year ended
31 March 2021
Notes 2020/21 2019/20
R’000 R’000
REVENUE
Other income 2 1 625 2 782
TOTAL REVENUE 1 625 2 782
EXPENDITURE
Administrative expenses (SPR) 3 (1) (1)
Audit fees (SPR) 4 (26) (30)
TOTAL EXPENDITURE (27) (31)
SURPLUS / (Deficit) FROM OPERATIONS 1 598 2 751
Surplus / (Deficit) for the year 1 598 2 751
SOCIAL RELIEF FUND STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2021
Notes 2020/21 2019/20
R’000 R’000
ASSETS
Non-current assets - -
Current assets
Cash and cash equivalents 8 43 357 41 760
TOTAL ASSETS 43 357 41 760
LIABILITIES
Non-current liabilities -
Current Liabilities
Other Payables 6 (8) (9)
CAPITAL AND RESERVES 43,349 41 751
Accumulated surplus 43 49 41 751
TOTAL NET ASSETS 43 349 41 751
DEPARTMENT OF SOCIAL DEVELOPMENT ANNUAL REPORT 2020/21 347
