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Radio Starmaker Fund Annual Report
2021 / 2022
Radio Starmaker Fund Condensed Statement of Financial Position as at August 31, 2022
| 2022 | ||||
|---|---|---|---|---|
| Administration Fund $ |
Capital Asset Fund $ |
Grant Fund $ |
Total $ |
|
| Assets | ||||
| Current assets | ||||
| Cash | 48,096 | - | 1,148,007 | 1,196,103 |
| Investments | - | - | 13,385,234 | 13,385,234 |
| Prepaid expenses | 18,168 | - | - | 18,168 |
| 66,264 | - | 14,533,241 | 14,599,505 | |
| Internally restricted cash and investments | 1,079,394 | - | - | 1,079,394 |
| Capital assets | - | 2,737 | - | 2,737 |
| 1,145,658 | 2,737 | 14,533,241 | 15,681,636 | |
| Liabilities | ||||
| Current liabilities | ||||
| Grant liability | - | - | 1,882,129 | 1,882,129 |
| - | - | 1,882,129 | 1,882,129 | |
| Fund Balances | ||||
| Invested in capital assets | - | 2,737 | - | 2,737 |
| Restricted | 1,079,394 | - | 12,651,112 | 13,730,506 |
| Unrestricted | 66,264 | - | - | 66,264 |
| 1,145,658 | 2,737 | 12,651,112 | 13,799,507 | |
| 1,145,658 | 2,737 | 14,533,241 | 15,681,636 | |