FINANCIAL REPORT
Statement of Changes in Equity for the Year Ended 31 December 2020
General Funds
Fundraising Reserve
Total
$ $ $ Balance at 1 January 2019 35,697,199 1,128,281 36,825,480 Effect of change on accounting policy for leases ( 132,332 ) - ( 132,332 ) Balance at 1 January - As restated 35,564,867 1,128,281 36,693,148
Surplus for the year 931,615 - 931,615 Transfer from /( to ) general funds 31,115 ( 31,115 ) -
Balance at 31 December 2019 36,527,597 1,097,166 37,624,763 Balance at 1 January 2020 36,527,597 1,097,166 37,624,763
Surplus for the year 7,648,697 - 7,648,697 Transfer from /( to ) general funds 19,235 ( 19,235 ) -
Balance at 31 December 2020 44,195,529 1,077,931 45,273,460
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