HARTLEY COLLEGE PAST PUPILS ASSOCIATION OF NEW SOUTH WALES INC (INC 9886632) (INCORPORATED ASSOCIATION)
Treasurer: Vadivelu Sugumar 7, Vermont Court, Seven Hills NSW 2147, AUSTRALIA Voice: (02) 9679 7854 Or 0414790908 Email: Sugumar@bigpond.net.au
College website: hartleycollege.com
12 September 2008
TREASURER S REPORT FOR THE FINANCIAL YEAR ENDED 30 JUNE 2008
The committee and the school thank you all for your generous donations. I congratulate every one of you for your philanthropic consideration and your kind heartedness.
The Association’s equity supported by cash improved marginally from $17,375 to $17,413. We received $7,471 and spent $7,710 giving a deficit of $239 for the year. Our annual benefit show was held after the year end as such it is not reported in the financial report.
The number of life members rose from 100 to 108 and we hold the membership fund of $10,277 as a restricted fund that cannot be used for operational expenses.
Key transactions for the year included:
Surplus from Annual Dinner was $751 (deficit $358 in 2007)
Received contribution for computer project $600 ($500)
Life membership received $800 ($1,600)
Members donated $550 ($260)for school projects
There were no special purpose donations during the year
We received $500 and sent $2,650 for the Water Tank project for the school
due to its urgency
Expenses incurred on sporting activities $735 ($578)
Spent on school computer laboratory maintenance $300($300)
Payment for prizes to track athletes have not been sent (2007-$200)
Remitted $260 to the Principal for minor expenses
I appreciate the fellowship of the membership.