Friends of Refugees Trust

Statement of Financial Accounts

for the 12 months ended 31 March 2005

Income and Expenditure Account
Year ended	31/03/2005	31/03/2004
	$	$
Income
Concert ticket sales	1,401.16	-
Donations (Burma Support Group)	250.00	-
Donations (cash)	188.80	325.00
2003 debt to Taiwanese choir forgiven	200.00	-
2003 debt to Karen performers forgiven	198.00	-
Grants	-	2,050.00
Total Income	2237.96	2,375.00
Expenditure
Aung Htay Nyan (travel subsidy)	1,000.00	-
Hugh Fraser (concert expenses)	261.30	-
Alex Abela (computer)	1,000.00	-
Fiona Thompson (reimbursement)	-	1,000.00
Cecilia Suarez (to reimburse garden expenditure)	-	725.64
Pumphouse (for jazz evening)	-	112.50
Stephen Thompson, Thailand (for respirator)	-	100.00
Fe Sarmiento (farewell gift)	-	100.00
Total Expenditure	2,261.30	2,038.14
Net Surplus (Deficit)	(23.34)	336.86
Balance Sheet
	31/03/2005	31/03/2004
	$	$
Assets
ASB Bank Account Balance	1,702.17	2,236.01
Scroll (as valued by Hugh Fraser)	200.00	200.00
Total Assets	1,902.17	2,436.01
Liabilities
Accounts payable:
Alex Abela (for computer)	1,000.00	-
Fiona Thompson (reimbursement - cheque issued)	-	1,000.00
Taiwanese choir	-	200.00
Karen performers	-	198.00
Pumphouse	-	112.50
Total Liabilities	1,000.00	1,510.50
Net Assets (Liabilities)	902.17	925.51
Statement of Cash Flows
Opening date	31/03/2004	31/03/2003
	$	$
Opening balance	2,236.01	786.65
Cash received
Income (per Income & Expenditure Account)	2,237.96	2,375.00
Less 2003 debt to Taiwanese choir forgiven	200.00	-
Less 2003 debt to Karen performers forgiven	198.00	-
Total Cash received	1,839.96	2,375.00
Cash spent
Expenditure (per Income & Expenditure Account)	2,373.80	2,038.14
Less Fiona Thompson reimbursement	-	1,000
Less Pumphouse	-	112.50
Total cash spent	2,373.80	925.64
Net cash movement for period	-533.84	1,449.36
Closing balance	1,702.17	2,236.01
Closing date	31/03/2005	31/03/2004