2021/22 Annual Report 2021/22 Annual Report | Page 25

NOTES TO THE FINANCIAL STATEMENTS

For the year ending 30 June
2022
2021
$
$
3
Cash and cash equivalents
Cash on Hand
871
855
Cheque Accounts
5,174,407
2,366,905
Savings Accounts
2,395,779
4,684,320
Term Deposits
600,000
600,000
8,171,057 7,652,080
4 Trade and other receivables
Current
Accounts Receivable
748,996
643,092
748,996 643,092
5 Inventories
Current
Inventories at Cost
-
24,596
- 24,596
6 Other assets
Current
Accrued Interest
1,660
3,366
Prepayments 335,125 127,507
336,785 130,873
7 Property , plant and equipment
Plant and equipment
Plant & Equipment
3,320,295
2,834,621
Less : Accumulated Depreciation ( 1,037,924 ) ( 740,259 )
2,282,370 2,094,362
2021 / 22 ABA ANNUAL REPORT 25