Waiheke Island Choral Society Inc.
Financial Performance for the year ended 31 December 2014
| 2014 | 2013 | ||||
| $ | $ | ||||
| Income | |||||
| Subscriptions | 1413 | 835 | |||
| Donations | 377 | 334 | |||
| Interest | 30 | 30 | |||
| Hall hire refund from 2013 | 50 | ||||
| Concert Income: | |||||
| - Fiddler on the Roof (2011) | 415 | ||||
| - Mozart concert | 3140 | ||||
| - Vivaldi concert | 1660 | ||||
| - Cinderella: The Panto | 102 | 10817 | |||
| - Christmas concert | 409 | 517 | |||
| - Messiah concert | 2706 | ||||
| - War and Peace concert | 1980 | ||||
| Creative Communities Grant | |||||
| Total Income | 7067 | 17748 | |||
| Expenses | |||||
| Advertising/Stationery/Copying | |||||
| Auditor | 601 | 414 | |||
| Bank Fees | 43 | 43 | |||
| Association Fees | 353 | 405 | |||
| Depreciation | 123 | 133 | |||
| General | 356 | 194 | |||
| Donations to charities | 500 | 517 | |||
| Social | 1166 | 1045 | |||
| Travel | 475 | ||||
| Petty Cash | |||||
| Hall Hire | 851 | 782 | |||
| Concert Expenses: | |||||
| - Mozart concert | 3110 | ||||
| - Vivaldi concert | 1607 | ||||
| - Cinderella: The Panto | 7336 | ||||
| - Messiah concert | 2077 | ||||
| - War and Peace concert | 2580 | ||||
| - Christmas concert | 79 | ||||
| Total Expenses | 9204 | 15586 | |||
| Net Surplus (-Deficit) | -2137 | 2162 | |||
Waiheke Island Choral Society Inc.
Financial Position as at 31 December 2014
| 2014 | 2013 | ||||
| Accumulated Funds | $ | $ | |||
| Balance as at 1 January | 26792 | 24630 | |||
| Net Surplus (-Deficit) | -2137 | 2162 | |||
| Total Funds Invested | 24655 | 26792 | |||
| Invested as Follows: | |||||
| Current Assets | |||||
| ASB Bank General Account | 16554 | 18598 | |||
| ASB Bank Reserve Fund | 5926 | 5896 | |||
| Music Stocks | 320 | 320 | |||
| 22800 | 24814 | ||||
| Less Liabilities | |||||
| Creditors | 113 | 113 | |||
| Working Capital | 22687 | 24701 | |||
| Fixed Assets | |||||
| as per Schedule | 1968 | 2091 | |||
| Net Assets | 24655 | 26792 | |||
Waiheke Island Choral Society Inc.
Schedule of Fixed Assets and Depreciation for the year ended 31 December 2014
| Asset | Cost | Accum Depn | Book Value | Additions/ | Depreciation | Depreciation | Book Value | |
| 31 Dec 2013 | 31 Dec 2013 | Disposals | Rate | Amount | 31 Dec 2014 | |||
| Piano | 4531 | 2886 | 1645 | 7.50% | 123 | 1522 | ||
| Piano Cover | 446 | 0 | 446 | 0 | 0 | 446 | ||
| 4977 | 2886 | 2091 | 123 | 1968 |