Financial Statements

HELP Honduras Balance Sheet 2019-20

Approved at AGM July 19, 2020

Mar 31, 20 Mar 31, 19
ASSETS
Current Assets
Chequing/Savings
1050 · CIBC CDN$ 44,197.75 1,578.46
1051 · CIBC US$ 29.45 47.61
1060 · KSCU Membership Shares 25.00 25.00
1061 · KSCU CDN$ 2,768.41 2,767.93
1062 · KSCU US$ 797.23 797.23
1065 · Exchange on US Money 1,996.65 1,621.75
Total Chequing/Savings 49,814.49 6,837.98
Accounts Receivable
1070 · Receivable D5080 US Fund – US$ 3,950.00 3,925.00
Total Accounts Receivable 3,950.00 3,925.00
Total Current Assets 53,764.49 10,762.98
TOTAL ASSETS 53,764.49 10,762.98
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable
2000 · Accounts Payable 34,370.64 0.00
Total Accounts Payable 34,370.64 0.00
Total Current Liabilities 34,370.64 0.00
Total Liabilities 34,370.64 0.00
Equity
3000 · Opening Balance Equity 10,762.98 10,166.80
Net Income 8,630.87 596.18
Total Equity 19,393.85 10,762.98
TOTAL LIABILITIES & EQUITY 53,764.49 10,762.98
HELP Income Statement 2019-20

Approved at AGM July 19, 2020

Apr ’19 – Mar 20 Apr ’18 – Mar 19
Income
4100 · Donations Received
4110 · Tegucigalpa Donations 131,226.74 119,257.27
4120 · Santa Barbara School Donations 68,995.00 86,461.95
4122 · Santa Barbara Scholarships 11,537.54 7,750.00
Total 4100 · Donations Received 211,759.28 213,469.22
4125 · Donations In Kind 1,765.34 863.66
4400 · Revenue from Membership Dues 10.00 20.00
4500 · Interest Income 0.48 0.61
Total Income 213,535.10 214,353.49
Expense
5000 · Paid out to Charities
5100 · AyO Tegucigalpa 124,921.67 116,022.02
5200 · Santa Barbara Schools 68,802.80 85,545.72
5210 · Santa Barbara Scholarships 11,441.00 7,750.00
Total 5000 · Paid out to Charities 205,165.47 209,317.74
6000 · Administrative Expenses
6100 · Credit Card Fees 1,565.65 1,657.14
6200 · Bank Charges 538.30 721.88
6250 · Foreign Exchange Adjustments -3,121.48 1,421.89
6300 · Keela Fees 396.60 397.60
6400 · Office Expense 359.69 241.06
Total 6000 · Administrative Expenses -261.24 4,439.57
Total Expense 204,904.23 213,757.31
Net Income 8,630.87 596.18