2017 2016 CURRENT ASSETS Note Cash on Hand 96000 5 Bank Trading Account 288538 260597 Bank Account - Bills 658913 504990 TAB Bank A/C 10000 10000 Keno A/C 5000 5000 Debtors 0 0 6 Prepayments 12097 8615 7 Stock on Hand at Cost 40261 39940 total current assets 1110809 925142 NON CURRENT ASSETS Land/Buildings (core property) at cost 3421418 3421418 1 less provision for depreciation -1548926 -1445138 net 1872492 1976280 Plant/Equipment at cost 2145865 2028758 1 less provision for depreciation -1948462 -1828537 net 197403 200221 total non current assets 2069895 2176501 ASSETS 3180704 3101643 LESS CURRENT LIABILITIES Accounts Payable 53639 9 Provision for Annual 118310 113154 Subscriptions paid in advance 5340 4180 Other Payables 0 0 11 total current liabilities 177289 144532 NON CURRENT LIABILITIES n/a 0 0 total liabilities 177289 144532 NET ASSETS 3003415 2957111 REPRESENTED BY ACCUMULATED FUNDS 3003415 2957111 Retained Profits 0 0 Reserves 3003415 2957111 TOTAL ACCUMULATED FUNDS the accompanying notes form part of these financial accounts
2017 2016 CURRENT ASSETS Note Cash on Hand 5 96000 Bank Trading Account 288538 260597 Bank Account - Bills 658913 504990 TAB Bank A/C 10000 10000 Keno A/C 5000 5000 Debtors 6 0 0 Prepayments 7 12097 8615 Stock on Hand at Cost 40261 39940 total current assets 1110809 925142 NON CURRENT ASSETS Land/Buildings (core property) at cost 1 3421418 3421418 less provision for depreciation -1548926 -1445138 net 1872492 1976280 Plant/Equipment at cost 1 2145865 2028758 less provision for depreciation -1948462 -1828537 net 197403 200221 total non current assets 2069895 2176501 ASSETS 3180704 3101643 LESS CURRENT LIABILITIES Accounts Payable 9 53639 Provision for Annual 118310 113154 Subscriptions paid in advance 5340 4180 Other Payables 11 0 0 total current liabilities 177289 144532 NON CURRENT LIABILITIES n/a 0 0 total liabilities 177289 144532 NET ASSETS 3003415 2957111 REPRESENTED BY ACCUMULATED FUNDS Retained Profits 3003415 2957111 Reserves 0 0 TOTAL ACCUMULATED FUNDS 3003415 2957111 the accompanying notes form part of these financial accounts
1730566-bwc%202017%20full%20accounts_NEW.docx