Financial Report
Statement of the Fund’s Activities for Year Ended 30 June 2022
| Note |
2022 |
2021 |
|
|---|---|---|---|
Receipts |
|||
|
Appropriations |
3 |
614,000 |
413,000 |
|
Contributions from other Government agencies |
3 |
41,457 |
37,923 |
|
Total Receipts |
655,457 |
450,923 | |
Payments |
|||
|
DRF funded projects |
4 |
618,246 |
239,019 |
|
Administrative expenses |
4 |
6,006 |
2,367 |
|
Total Payments |
624,252 |
241,386 | |
|
Net receipts / (payments) |
31,205 |
209,537 |
Statement of the Fund’s Position as at 30 June 2022
|
2022 |
2021 |
|
|---|---|---|
|
Opening balance of the Fund |
209,537 |
- |
|
Net Receipts / (Payments) |
31,205 |
209,537 |
|
Closing balance of the fund |
240,742 |
209,537 |
|
Balance of Fund held in Cash and Cash Equivalents |
240,742 |
209,537 |