Radio Starmaker Fund

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Radio Starmaker Fund Annual Report

2013 / 2014

Radio Starmaker Fund Condensed Statement of Financial Position as at August 31, 2014

2014
Administration Fund
$
Capital Asset Fund
$
Grant Fund
$
Total
$
Assets
Current assets
Cash 35,957 - 191,850 227,807
Investments 90,394 - 19,521,278 19,611,672
Prepaid expenses 8,782 - - 8,782
135,133 - 19,713,128 19,848,261
Internally restricted investments 605,998 - - 605,998
Capital assets - 7,384 - 7,384
741,131 7,384 19,713,128 20,461,643
Liabilities
Current liabilities
Grant liability - - 2,572,915 2,572,915
Accounts payable and accrued liabilities 38,946 - - 38,946
38,946 - 2,572,915 2,611,861
Fund Balances
Invested in capital assets - 7,384 - 7,384
Restricted 605,998 - 17,140,213 17,746,211
Unrestricted 96,187 - - 96,187
702,185 7,384 17,140,213 17,849,782
741,131 7,384 19,713,128 20,461,643