STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2016
ASSETS:
NOTE AMOUNT
Non-Current Assets
Land and Buildings
7
$
Computer Equipment
$
Less: Accumulated depreciation
Office Furniture & Fittings
$
Less: Accumulated depreciation
Motor Vehicles
144,553
-17,070
$
80,121
$
1,350,000
-15,819
$
Less: Accumulated depreciation
$
Total Non-Current Assets
$
250,554
-50,111
1,742,229
Current Assets
Cash at Bank
$
1,091
Other Current Assets
8
$
1,168
Total Current Assets
$
2,260
Total Assets
$
1,744,488
EQUITY AND LIABILITIES:
Equity
Accumulated Fund
$
1,402,361
Liabilities
Trade Payables
9
$
342,127
Total Equity and Liabilities
$
1,744,488
50
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