Bondi Surf Bather's Life Saving Club Inc
ABN: 78 306 614 913
Notes to the Financial Statements
For the Year Ended 30 April 2024
Property, Plant and Equipment
(a)
Movements in carrying amounts of property, plant and equipment
Movement in the carrying amounts for each class of property, plant and equipment between the beginning and
the end of the current financial year:
Buildings
Plant and
Equipment
Lifesaving
Equipment
Assets in
progress
Total
Year ended 30 April 2024
Balance at the beginning of year
849,528
26,526
81,541
125,196
1,082,791
Additions
3,120
6,555
9,675
Depreciation expense
(39,044)
(4,923)
(34,638)
(78,605)
Balance at the end of the year
810,484
24,723
53,458
125,196
1,013,861
Year ended 30 April 2023
Balance at the beginning of year
851,715
32,855
74,157
125,196
1,083,923
Additions
38,781
39,102
77,883
Disposals
(4,030)
(4,030)
Depreciation expense
(40,968)
(6,329)
(27,688)
(74,985)
Balance at the end of the year
849,528
26,526
81,541
125,196
1,082,791
Other Financial Assets
2024
2023
CURRENT
Term deposits
1,257,567
834,653
The Term Deposits include $300,000 of funding dedicated to the new clubhouse building project and the remaining
balance is accumulated funds.
10
Other Assets
Prepayments
4,286
4,286
11
Trade and Other Payables
Trade payables
30,618
8,846
Accrued expenses
32,277
12,969
Other payables
139,138
144,583
202,033
166,398
15
144
BONDI SURF BATHERS’ LIFE SAVING CLUB