Radio Starmaker Fund

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Radio Starmaker Fund Annual Report

2012 / 2013

Radio Starmaker Fund Condensed Statements of Financial Position …continued

August 31,
2012
September 1,
2011
Administration Fund
$
Capital Asset Fund
$
Grant Fund
$
Total
$
Total
$
Assets
Current assets
Cash 40,160 - 436,890 477,050 152,415
Investments 47,732 - 14,227,095 14,274,827 13,805,756
Prepaid expenses 8,713 - - 8,713 8,733
96,605 - 14,663,985 14,760,590 13,966,904
Internally restricted investments 605,998 - - 605,998 605,998
Capital assets - 13,107 - 13,107 18,287
702,603 13,107 14,663,985 15,379,695 14,591,189
Liabilities
Current liabilities
Grant liability - - 3,378,874 3,378,874 2,610,190
Accounts payable and accrued liabilities 27,931 - - 27,931 20,202
27,931 - 3,378,874 3,406,805 2,630,392
Fund Balances
Invested in capital assets - 13,107 - 13,107 18,287
Restricted 605,998 - 11,285,111 11,891,109 11,892,903
Unrestricted 68,674 - - 68,674 49,607
674,672 13,107 11,285,111 11,972,890 11,960,797
702,603 13,107 14,663,985 15,379,695 14,591,189