83 / 100
NOTE
2016
2015
$
$
ASSETS
Current assets
Cash and cash equivalents
6
19,701,659 19,603,508
Other receivables
7
210,586
139,014
Prepayments
428,886
90,213
Total current assets
20,341,131
19,832,735
Non-current assets
Plant and equipment
8
1,181,278
1,669,457
Intangible assets
9
593,285
721,410
Total non-current assets
1,774,563
2,390,867
Total assets
22,115,694 22,223,602
LIABILITIES AND EQUITY
Current liabilities
Trade and other payables
10
1,793,129
1,354,376
Provision for reinstatement costs
287,301
-
Provision for contribution to consolidated fund
11
-
-
Total current liabilities
2,080,430
1,354,376
Non-current liabilities
Deferred capital grants
12
1,024,401
1,227,907
Provision for reinstatement costs
-
287,301
Total non-current liabilities
1,024,401
1,515,208
Equity
Share capital
13
2,097,892
2,097,892
Accumulated surplus
16,912,971
17,256,126
Total equity
19,010,863
19,354,018
Total liabilities and equity
22,115,694 22,223,602
See accompanying notes to financial statements.
STATEMENT OF FINANCIAL POSITION
31 MARCH 2016
81
CCS ANNUAL REPORT 2015-2016
FINANCIAL STATEMENTS