BALANCE SHEET for END of YEAR 31.06.06
Assets
| Wireless Plant |
14,931.38 |
|
|
| less Depreciation |
(2,774.78) |
|
|
|
12,156.60 |
|
less
Liabilities
| Trust Fund |
10.00 |
|
|
| Loan |
4,815.18 |
|
|
| Bank a/c |
470.72 |
|
|
| Accounts Payable (Creditors)* |
6,875.00 |
|
|
|
12,170.90 |
|
Balance as at 30.06.06 |
|
|
(14.30) |
Represented by
| Capital a/c balance previous year |
1,457.26 |
|
|
| less |
|
|
|
| Loss for 15 mths to 30.06.06 |
(989.76) |
|
|
| & Income Tax |
(481.80) |
|
|
Balance as at 30.06.06 |
|
|
(14.30) |
* Manufacture of Wireless Plant and Systems Administration (contracts)
Financial Position as at 30.03.05 can also be viewed.