2021-01-18 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA   18 JANUARY 2021




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GENERAL COMMITTEE MEETING AGENDA                                                                              18 JANUARY 2021

      Noosa Biosphere Reserve Trust
      ABN 12733 644 586

      Notes to the Financial Statements
      For the Year Ended 30 June 2020

      4   Trade and Other Receivables
                                                                                            2020           2019
                                                                                              $              $
          Current
          Trade receivables                                                                   33,000               -
         Deposits                                                                             20,000          20,000
          GST receivable                                                                       2,877               -
          Total current trade and other
         receivables                                                                          55,877          29,909
      5   Trade and Other Payables
          Current
          Trade payables                                                                        6,409         16,662
          GST payable                                                                                -         1,327
                                                                                                §.409         17,989
      6   Other Financial Liabilities
          Current
          Unexpended grants                                                                   188,687       341,862
         Total                                                                                186,687       341,862
          The above amount represents the balance of grants monies recelved held at the year end to be spent on
          environmental projects.

     7    Auditors’ Remuneration
          Remuneration of the auditor of the trust, SAAS Audit Pty Ltd, for:
          - auditing or reviewing the financial statements                                      3,180          3,100
         Total                                                                                 3,180           3,100
     8    Reconciliation of result for the year to cashflows from operating activities
          Operating result                                                                    55,699         86,183
          Non-cash flows in profit:
            ~ depreciation                                                                      1,000           656
          Changes in assets and liabilities:
            « (increase decrease in trade and other receivables                               (35,877)       37,331
            ~ (increase)\/decrease in prepayments                                                 391           (471)
            ~- increase/(decrease) in grants on hand                                         (153,175)      (357,714)
            ~ iIncrease/(Gecrease) in trade and other payables                                (11,580)        (5,581)
          Cashflows from operations                                                          f 43 5 42)     (239 596)
     9    Economic Dependency

          The Trust is dependent on operational funding and the provision of office space from Noosa Shire Council for its
          continued existence and ability to carry out its normal activities.

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