Radio Starmaker Fund

Have Questions? Call 1-888-256-2211 (toll-free)

Radio Starmaker Fund Annual Report

2010 / 2011

Radio Starmaker Fund
Condensed Statement of Financial Position as at August 31, 2011

2010
Administration Fund
$
Capital Asset Fund
$
Grant Fund
$
Total
$
Assets
Current Assets
Cash 31,671 - 371,575 403,246
Short-Term Investments 24,783 - 12,935,559 12,960,342
Prepaid Expenses 8,672 - - 8,672
65,126 - 13,307,134 13,372,260
Internally Restricted Investments 605,998 - - 605,998
Capital Assets – Net - 21,323 - 21,323
671,124 21,323 13,307,134 13,999,581
Liabilities
Current Liabilities
Grant Liability - - 2,993,196 2,993,196
Accounts Payable And Accrued Liabilities 11,560 - - 11,560
11,560 - 2,993,196 3,004,756
Fund Balances
Invested In Capital Assets - 21,323 - 21,323
Restricted 605,998 - 10,313,938 10,919,936
Unrestricted 53,566 - - 53,566
659,564 21,323 10,313,938 10,994,825
671,124 21,323 13,307,134 13,999,581