FOUNDATION GELUKSKINDERS
Abridged balance sheet 2019
INCOME:
Cash total on 01.01.2019 — 66,900
Result of the webshop — 8,579
Gifts — 15,217
Actions — 31,600
======
TOTAL — 132,296
EXPENSES:
Operating costs secretariat and Foundation — 7,163
Playground maintenance – purchase – placements — 71,788
Actions in South Africa — 16,142.83
Cash reserves on 31.12.2019 — 37,202.17
========
TOTAL — 132,296
Explanation:
2019 is a very special year for us. No less than 6 new large playgrounds were placed and opened. That’s why operating costs were slightly higher.
Operating costs amounted to 5.4% of the total. Just for it in South Africa the amount spent on playgrounds and actions is it 9.8%.
The result of the webshop naturally takes into account in and sales costs as well as with all rights attached to the sale of music related products.
