| |
THE
RHINO ARK CHARITABLE TRUST
DETAILED INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2009
(In Kenyan Shillings
) |
|
2009 |
2008 |
INCOME: |
|
|
| Rhino Charge collections |
65,294,581 |
66,969,917 |
Other donations |
11,327,387 |
4,275,868 |
Interest income |
1,574,608 |
1,535,977 |
Other income |
2,868,523 |
1,013,666 |
|
82,065,099 |
73,795,428 |
| |
|
|
EXPENDITURE: |
|
|
Project Expenses |
44,457,036 |
24,989,053 |
Fund-raising expenses |
20,174,552 |
18,483,118 |
Administrative expenses & General expenses |
18,069,272 |
13,244,455 |
|
82,700,860 |
56,625,626 |
FinanceExpenses |
|
|
Foreign exchange gain/(loss) |
816,897 |
(521,225) |
(DEFICIT)/SURPLUS FOR THE YEAR |
(818,866) |
16,648,577 |
| |
|
|
| |
|
|
NON CURRENT ASSETS |
|
|
Property and equipment |
11,051,018 |
6,245,614 |
|
|
|
CURRENT ASSETS |
|
|
Investments |
12,789,479 |
17,714,973 |
Trade and other receivables |
992,012 |
5,981,043 |
Bank balances and cash |
6,058,697 |
5,410,580 |
|
19,840,188 |
29,106,596 |
TOTAL ASSETS |
30,891,206 |
35,352,210 |
|
|
|
CURRENT LIABILITIES |
|
|
Trade and other payables |
5,448,840 |
9,090,978 |
|
|
|
NET ASSETS |
25,442,366 |
26,261,232 |
| |
|
|
GENERAL FUND |
|
|
Fence maintenance reserve |
40,330,884 |
32,340,335 |
Fence construction |
(14,888,518) |
(6,079,103) |
|
25,442,366 |
26,261,232 |
| |
|
|
|
|
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