Persatuan Alumni Sekolah Menengah Assunta Petaling Jaya

Persatuan Alumni Sekolah Menengah Assunta Petaling Jaya

Persatuan Alumni Sekolah Menengah Assunta
Petaling Jaya, Selangor (lggS}
Financial Staternents
For the year ended 3t December
201 5
INDEX
PAGE
CONTENTS
STATETYIENTS
BY THE SOGIETY OFFICERS
1-2
BALANCE SHEET
STATE[ilEf,ff OF INCOME AND EXPENDITURE
STATEMET,T OF RECEIPTS AND PAYMENTS
NOTES TO THE FINANCIAL STATEME}ITS
Statement hy Officerc
We, being
of Sociefi
tre officers primarily responsible for &e accounting recods and financial management of
PERSATUAN ALUMN!, SEKOLAH MENENGAH ASSUNTA, PEIAL|NG JAYA, SE|-ANGOR (1999), do
solarnly and sincerely declare that the Balance Sheet Shtement of lncome and Expendifure, and
Stabment of Receipts and Payments bgether wi& &e nobs set out on page 7 are properly drawn up
and so as
b
give a true and fair vie*y of
he stab of affairs of fte
Society for the year ended
3l Decernber20l5.
President
Vice President
furhr^-,^
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RAZLIN DAT,UINA bt ABDUL RAAIK
Secretary
Date:
lf
h{A0-ctJ
Kuala Lumpur
1l
$^ Ib
mnniffiiii
tTreasurer
Statement By Honorary Auditorc:
We have reviewed all murce doorments, together with the bank statements, for the period
'l$ Januay 2015 to 31't December 2015. The Balarree Sheet, lrpome and Expenditure Account
and Rmipts and Payments Account have been prepared breed on proper munting rnethods
and show a true and fair viesv of the state of ffairs and financial results of the Socie$ for
the financial year ended 31 Deember 2015.
0w
Name: Gon
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No:
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Persatuan Alumni Sekolah Menengah Assunta
Petaling Jaya, Selangor (lggg)
Balance $heet As
At
31 December 2015
NOTE
2015
2014
RM
RM
FIXED ASSETS
Laptop - at cost (purchased in 2012)
6
Accumulated Depreciation - Laptop
b
1,964.00
(1,964.00)
1,964.00
(1,473.00)
491.00
Porhble Sound System - at cost (purdrased in 2014)
479.00
Accumulated Derpreciation
(23e.001
478.00
(119.50)
239.00
358.50
239.00
849.50
Total Assets at HBV
CURREI,IT AS$EIS
Cash ln Hand
480,00
500.00
Cash ln Bank
23,548.83
24,595.54
24028.93
25,095.54
20.00
320.00
25,625.04
23,098,22
CURREHT LIABILITIES
Sundry Creditors
n
Er AssErs
Represented By:
Accumulated Surplus Uf
Current Year Deficit
I Surplus
Accu mu lated Surplus cff
The accompanying notes form an integral part of these financial statements
t1,377.2U
2,526.92
Persatuan Alumni Sekolah Menengah Assunta
Petaling Jaya, Selangor {1999}
Stdement of lncome and Expenditure for the Year Ended 31 December 2015
20.15
2014
RM
RM
r
&rVvv.vv
qqn on
L,680.00
3,371,00
4,970.00
745.00
555.00
INCOME
Subscriptions
atd Annual
Frtembership Fees
AA Merchandise Sales
Breakfast With Teachers
Yesteryear Picnic
7,215.00
Repayment of Advanre to Bio account
5,000.00
5r646.m
19,420.00
Sundry Donations Receiued
404.95
50.00
Partial Refund of Advertisement
500.00
OTHER IHCOiiE RECEIYED
f0ffl
IffCOil,IE
904.95
50.0o
6,550.95
19,470.00
LESS EXPENDITURE
5.2L
Bank Charges
230.00
230,00
1,000.00
850.00
300.00
450.00
50.00
50.00
Printing & Stationery
756.25
9.00
Refreshments
377.60
1,683.88
Computer - Website
Donations
Gifts & Bouquets
PO Box Rental
100.00
NGO - NCWO subscription
2,250.00
4,450.00
Breakfast With Teachers
400.00
463.00
Big Sister, Litfle Sister Visit
254.00
Merchandise - T-shirtsl car decals
300.00
3,440.80
Yesteryear Picnic
38"60
Postage
1,055.00
1,056.00
300.00
300.00
Repairs - Sr Enda s Room (Chapel)
L,150.00
Advertisements - SK & SMK school magazines
Depreciation - Laptop / Portable Sound System
610.50
1,800.00
610.50
Thinking Pool maintenance (one off)
300.00
Sr Enda Expenditure
Assunta Alumni Members Management system
EXPEffD'TURT OYTR
16,943.L8
7,928.16
TOTALEXPET'TDITURE
$Jcffif
ffi
{1,377.21}
2,526.82
re
Persatuan Alumni Sekolah Menengah Assunta
Petaling Jaya, Selangor ({999}
Statement of Receipts and Payments forthe Year Ended 31 December 2015
NOTE
2015
2014
RM
RM
BALAHCE AS AT 01 JAI,IUARY
Cash ln Hand
500.00
Cash iln Bank
24,595.54
z- J-r\)J
25,095.54
2?.,116.22
Subscriptions and Annual Memhership Fees
1,530.00
1,580.00
AA Merchandise Sales
3,371.00
4,870.00
745.00
655.00
258.20
)1 aEa1).\)n?
tE-
RECEIPTS
Breakfast With Teachers
Yesteryear Picnic
7,215.00
Repayment of Advance to Bio account
5,000,00
5,646.00
L9,420.00
404.95
50,00
OTHER CASH RECEIT'ED
Sundry Donations Receiued
Partial Refund of Advertisement
IOT{L
RECEPTS
500.00
20.00
904.95
70.00
6,550.95
19,490.00
31,646.49
4L,605.22
LE$S PAYNI|EHTS
Bank Charges
Computer - Website
Donations
Gifts & Bouquets
PO Box Rental
5.21
230.00
230.00
1,000.00
850.00
300.00
450,00
50.00
50.00
Printing & Stationery
7s6,25
9.00
Refreshments
377.60
1,693.99
NGO - NCUVO subscriptions
Merchandise - T-shirts / Car Decals
100.00
2,250.00
4,450,00
Breakfast With Teachers
400.00
463.00
Big Sister, Little Sister Visit
254.00
Yesteryear Picnic
300.00
3,440,90
Fantastic 55 Tea-A-Tete
Sr Enda Expenditure
1,056.00
Advertisements - SK & SMK school rnagazines
Assunta Alumni Members Management system
1,800"00
600.00
Porhble Sound System
Repairs - Sr Enda's Room {Chapel)
Postage
Thinking Pool maintenance (one off)
TOTAL PTY}'EIYTS
s
1,056.00
479.00
1,150.00
38.60
300.00
7,617.66
L6,510.69
Persatuan Alumni Sekolah Menengah Ass$nta
Petaling Jaya, Selangor {Igs}}
Statement of Receipts and Payments forthe Year Ended 31 December 2015
NIOTE
BAT.A}ICE A$
Ca$ ln l'land
Ca$ ln Bank
2015
2$1.S
RHI
RM
3{ DECEIilBER
480.00
500.00
23,548.83
24,595.54
Persatuan Alumni Sekolah Menengah Assunta
Petaling Jaya, Selangor Darul Ehsan {1 $$g}
Notes b fte financial staEmenb 31 December 2015
Surnmary of significant accounting policies
1.
a.
b.
Accounting convention
The financial statements have been prepared under the historical cost convention and comply
with approved acmunting standards in Malaysia
lncorne Recognition
lncome from fees and subscriptions are recognized on a cash basis
2. Annual Subscriptions
The amount collected in the year 2015 induded Advance Subsoiprtions amounting to RM 1010
3,
Merchandise
New AA merchandise for 2015 includes redmigned T-shirts, Road Tax Decals
4. AssunhAlumni
ltlernberc ManaganentSyshm {AAMS}
Cost incuned in 2015 is for maintenance of the system.
5.
Comparativefigurm
Certain ccxnparative figures hare been reclassified in orderto conform with currmtyear presentation.
6.
Fixed Assets
Laptop at
cost
Accumulated Deprcciation @25o/o per
annum
RM 1964
( 1964 )
RMO
Net Book Value (NBV)
The laptop was purchased in 2012
cost
Portable Sound System at
Accumulated Depreciation @ 25% per
Net Book Value
RM 478.00
annum
{NBV}
The Portable Srund Systmr \nas purchased in 2014
7t
,I
(
239.00
RM 23930
)
Persatuan Alumni Sekolah Menengah Assunta
Petaling Jaya, Selangor tlggg}
Financial $tatements
For the year ended 31 December
Biography Account
201 5
INNEX
CONTENTS
PAGE
STATEMEMTS BY THE SOCIEI'Y OFFICERS
1-2
BAI.ANCE SHEET
STATEMEMT OF IilICOME AND EXPEHDITURE
OF RECEIPTS AND PAYMENTS
STATEMEhTT
NOTES TO THE FINAHCIAL STATE$JIE}TTS
Stabment by Officers of Society
lllle, being the officers primarily responsibh for the accounting records and financial man4ement of
PERSATUAN ALUMNI, SEKOLAH MENENGAH ASSUNTA, PETALING JAYA, SEIANGOR (1999), do
solarnly and sincerely dedare that he Balance Shee( Shtement of lncome and Expendifure, and
Statement of Receipb and Payrnenb bgether with the nobs set out on page 6 are properly drawn up
and so
c
to give a true and fair vierv of tre state of affairs d $e Society for tre year
ended
3l Decsnber20l5.
>1,*4J,
iiEiioRAii iroruA r-ioKitre
President
e:
1I
YEE
r\
1l
,i.......ir
Secretary
l1 r-rAB-C t"l l^l
Kuala Lumpur
LIU PECK
Vice President
RAZLIN DAITUINA bt ABDUL RAEIK
Date:
J"M
IilARIADIHE- ROZARIO
Treasurer
U
$tatement By Hmorary Auditorc:
We have reviewed all murce doanmentq together with ffxe bank statementq for the period
1s January 2015 to 31$ December 2015. The Balance Sheet, lncorne ffid Exfnditure Aomunt
and Receipts and Paymots Amunt have been pepared bmed on proper accounting rnelhods
and $ron a true and fair view of the state of affairs and financial results of &e Socb$ for
the
finacid yea erded 31 Decembs
2015.
y*f su H {
llC No : ("1/, 01- 07- $l tr
Name'
a
Persatuan Alumni $ekolah Menengah Assunta {2}
Petaling Jaya, Selangor {lggg}
Balance Sheet As
At
31 December 2015
NOTE
2015
RM
20L4
RM
CURRENT A$SETS
Cash ln Hand
Cash ln Bank
45,235.70
47,002.50
Stodr of Books in hand
2L3A4.27
24,395.09
66,540.97
71,397.69
Sundry tlebtor - BORDERS
@
@
CURREHT LIABILITIES
2,000.00
Provision for Taxation
,VEf ISSEIS
@
2,000.00
@
Represented By:
"'/
Accumulded Surplus blf
69,397.69
96,393.95
Gurrent Year tleficit
t4,946.7U
{16,996.17}
Accumulated $urplus cJf
The accompanying notes form an integral part of these financial statements
Persatuan Alumni Sekolah Menengah Assunta {2}
Petaling Jaya, Selangor (1999)
Statement
of lncome and bqenditure for the Year Ended 31 December
NOTE
2015
2015
2_0r.4
RM
RM
NCOIIIE
Donations Received - Members
Donations Received - Non-Members
Book Sales
734,70
540.00
l-70.00
1,,274.7O
L70.00
10,220.00
8,018.00
11,494.70
8,188.00
OTHER INCOIIE RECEIYED
Sales - DVDs
rorft
rf{cotilE
15.00
1Lstxl.?0
&188.00
LESS EXPEHDITURE
Bank Charges
4.62
Design costs / proo{s
17.50
500.00
Proofs printing
Postage coets
422.30
Author's Honoraria
10,000,00
Honoraria to Sr Enda
Miscellaneous eygenses
5,000.00
28.00
Printing & Stationery
Donations
Advertisements - SMK school magazine
104.89
10,000.00
250.00
Photographs
Cost of Gratis books
Cost of Books Sold
L,300.00
200.00
Painting - gallery rlnall damaged during launch
SIN Bio Tour - St Regis Hi-Tea
134.90
650.00
2,570.68
765.26
765.95
2,3L5.55
1,510,93
Repayment of Advance to Bio account
5,000.00
Taxation provision
IOIff EXPETIJD,TURE
16,355.41
25,184.17
SURPTUS OF fl(PEfiIDITURE OTIER INCO'ilE
{4S46.71}
(14996.17)
Persatuan Alumni Sekolah Menengah Assunta t2)
Petaling Jaya, Selangor ({999}
Statement
of Receipts and Payments for the Year Ended 31 December
201 5
201s
20r.4
RM
RM
NOTE
BAI.ANCE AS AT O1 JANUARY
Cash iln Bank
47,002.60
77,349.99
RECEIPTS
Donations Received - Members
734.7fi
Donations Received - Non-Members
540.00
L70.00
L,274".74
170.00
10,220.00
8,018.00
Book Sales
Sundry lncome
Salm - DVDs
L5.00
Debtor - BORDERS
rorfl
RrcrlPr,s
1,872.00
11,509.70
L0,060.00
58,512,30
87,409.89
LE$S PAYMENTS
Bank Charges
4.62
17.50
Design cost
500,00
Editing / Proofs cost
Printing proofs
Printing
17,500.00
Reprint Rights
422.30
Postage costs
Author's Honoraria
134.90
10,000.00
5,000.00
Honoraria - Sr Enda
Miscellaneous expenses
28.00
Printing & Stationery
104,89
SIN Bio Tour - St Regis Hi-Tea
2,570.69
Advertisements - SMK school magazine
250.00
1,300.00
Photographs
200.00
Painting - gallery wall damaged from launch
650.00
Repayment of Advance to Bio amount
5,000.00
Donations
10,000.00
TOTAL PAYf,fETlJIS
13,275.60
@
40,407.29
@
BALANCE AS 31 DECEHBER
Cash ln Hand
Cash ln Bank
45,236.r0
@
47,002.U0
@
Persatuan Alumni Sekolah Menengah Assunta
Petaling Jaya, Selangor Darul Ehsan (1 9$$I
Nobs b hefinancialshhmenb 31 December 2015
1. Summaryof significantaccounting policies
a.
b.
Accountingconvention
The financial statements have been prepared under the historicd cost conventim and cunply
with approved acmunting standards in Malaysia
lncome Recognition
lncome from Sales of
2.
he
books is recognized on a cash basis
Book Sales
Book Sales consist of Sales fom:
Members
Non-members
3.
7824
24$A
Donations
Donations were given to Tadika Fatima, SEWO and SMK Assunta Symphonic Band.
4.
Sbckof Bools
Balance of Books at cost is nett of cost of Bmks Sold and Gratis Books given away.
Unit cost of each book indudes printing costs, design and editing costs.
5.
Taxation
Provision for Ta< is calculated on sales to non-members and Borders sales.
6.
Comparafive figures
Certain comparafue figures have been reclassified in order to conform with cunentyear presentation.
6/