| Trent Radio Comparative Balance Sheet | |||||||||||
| ASSETS | As At 03-02-28 | As At 02-02-28 | LIABILITIES | As At 03-02-28 | As At 02-02-28 | ||||||
| CURRENT ASSETS | CURRENT LIABILITIES | ||||||||||
| Entailed Funds #1 | 0.00 | 0.00 | Accounts Payable | 1,366.47 | 3,568.33 | ||||||
| Entailed Funds #2 | 0.00 | 0.00 | Contract Obligation | 28,462.65 | 31,000.00 | ||||||
| Raffle & Bingo Acct | 0.00 | 92.65 | Deferred Income | 810.00 | 600.00 | ||||||
| Boost & Freq Acct | 5.93 | 5.93 | Accrued Liabilities | 50.00 | 3.00 | ||||||
| General Funds Montreal | 35,849.24 | 6,911.49 | Trillium StudioC | 26,200.00 | (3,800.00) | ||||||
| General Funds CIBC | 0.00 | 0.00 | Commission Payable | 0.00 | 0.00 | ||||||
| Cash In Bank | 35,855.17 | 7,010.07 | CPP Payable | 0.00 | 0.00 | ||||||
| Petty Cash: Programming | 0.00 | 0.00 | UIC Payable | 0.00 | 0.00 | ||||||
| Petty Cash: Admin | 0.00 | 0.00 | Income Tax Withholdings | 0.00 | 0.00 | ||||||
| Petty Cash: Summer Admin. | 0.00 | 0.00 | Receiver General Net | 0.00 | 0.00 | ||||||
| Term Deposits | 0.00 | 0.00 | Employer Health Tax | 0.00 | 0.00 | ||||||
| Accounts Receivable | 2,263.77 | 4,607.70 | WCB Payable | 0.00 | 0.00 | ||||||
| Doubtful Accounts | 0.00 | 0.00 | AFM Payable | 0.00 | 0.00 | ||||||
| Receivables Net | 2,263.77 | 4,607.70 | Health Benefit Payable | 855.00 | 855.00 | ||||||
| Student Levy Receivable | 0.00 | 1,700.00 | Pension Payable | 0.00 | 0.00 | ||||||
| Prepaid Expenses | 609.24 | 523.22 | Holiday Payable | 0.00 | 0.00 | ||||||
| TOTAL CURRENT ASSETS | 38,728.18 | 13,840.99 | Other Witholdings Net | 855.00 | 855.00 | ||||||
| TOTAL CURRENT LIABILITIES | 57,744.12 | 32,226.33 | |||||||||
| FIXED ASSETS | |||||||||||
| Land | 10,000.00 | 10,000.00 | LONG TERM LIABILITY | ||||||||
| Buildings | 93,908.34 | 93,908.34 | Victoria & Grey Trust Co | 0.00 | 0.00 | ||||||
| Office Equipment | 20,552.32 | 20,134.36 | Trent U - CTS Department | 0.00 | 0.00 | ||||||
| Technical Equipment | 111,330.28 | 97,113.27 | National Trust | 0.00 | 0.00 | ||||||
| Technical Renovations | 18,546.00 | 18,296.00 | Mbanx Demand Loan | 0.00 | 0.00 | ||||||
| Fixed Assets at Cost | 254,336.94 | 239,451.97 | Deferred Contribution | 6,871.00 | 8,587.00 | ||||||
| Accumulated Depreciation | (179,348.51) | (156,817.18) | TOT. LONG TERM LIABILITY | 6,871.00 | 8,587.00 | ||||||
| TOTAL FIXED ASSETS | 74,988.43 | 82,634.79 | ___________ | ___________ | |||||||
| TOTAL LIABILITIES | 64,615.12 | 40,813.33 | |||||||||
| OTHER ASSETS | |||||||||||
| Deferred Charges | 0.00 | 9,917.00 | EQUITY | ||||||||
| TOTAL OTHER ASSETS | 0.00 | 9,917.00 | NON-SHARE EQUITY | ||||||||
| ___________ | ___________ | Retained Surplus/(Deficit) | 12,638.89 | 41,086.81 | |||||||
| TOTAL ASSETS | 113,716.61 | 106,392.78 | Previous Year-end Adjustments | 0.00 | 0.00 | ||||||
| ========== | ========== | Net Retained Surp/(Def) | 12,638.89 | 41,086.81 | |||||||
| Current Surplus/(Deficit) | 36,462.60 | 24,492.64 | |||||||||
| ___________ | ___________ | ||||||||||
| TOTAL NON-SHARE EQUITY | 49,101.49 | 65,579.45 | |||||||||
| ___________ | ___________ | ||||||||||
| LIABILITIES AND EQUITY | 113,716.61 | 106,392.78 | |||||||||
| ========== | ========== | ||||||||||
| Trent Radio Comparative Income Statement | |||||||||||
| REVENUE | 02-09-01 to 03-02-28 | 01-09-01 to 02-02-28 | EXPENSE | 02-09-01 to 03-02-28 | 01-09-01 to 02-02-28 | ||||||
| GOVERNMENT GRANTS | PERSONNEL | ||||||||||
| Federal Grants | 0.00 | 0.00 | Programming Wage | 12,680.85 | 11,556.00 | ||||||
| Provincial Grants | 0.00 | 0.00 | Technical Wage | 0.00 | 0.00 | ||||||
| Municipal Grants | 0.00 | 0.00 | Publicity Wage | 0.00 | 0.00 | ||||||
| TOTAL GOVERNMENT GRANTS | 0.00 | 0.00 | Administrative Wage | 15,503.28 | 14,127.10 | ||||||
| Benefits | 0.00 | 1,798.48 | |||||||||
| FUND RAISING | CPP Expense | 1,160.12 | 0.00 | ||||||||
| Corporations | 0.00 | 0.00 | EI Expense | 868.14 | 0.00 | ||||||
| Foundations | 0.00 | 0.00 | Total Wages & Benefits | 30,212.39 | 27,481.58 | ||||||
| Private | 1,218.97 | 1,045.00 | Programming Fees | 0.00 | 3,138.10 | ||||||
| Leadership | 248.00 | 0.00 | Technical Fees | 250.00 | 0.00 | ||||||
| Donations "In Kind" | 0.00 | 0.00 | Publicity Fees | 0.00 | 0.00 | ||||||
| Net Donations | 1,466.97 | 1,045.00 | Administrative Fees | 647.00 | 1,512.50 | ||||||
| Trent Student Memberships | 68,206.31 | 51,976.00 | Total Fees | 897.00 | 4,650.60 | ||||||
| Commercial & Non-profit | 75.00 | 0.00 | TOTAL PERSONNEL | 31,109.39 | 32,132.18 | ||||||
| Individual Memberships | 1,000.00 | 980.00 | |||||||||
| Discretionary M'ship Exp | 0.00 | 0.00 | SUPPLY & EXPENSE | ||||||||
| Net Memberships | 69,281.31 | 52,956.00 | Publicity & Promotions | 0.00 | 69.60 | ||||||
| Special Events | 893.87 | 459.71 | Equipment Rental | 102.00 | 300.00 | ||||||
| Special Events Expense | 0.00 | 0.00 | Line Rental | 1,044.16 | 685.40 | ||||||
| Net Special Events | 893.87 | 459.71 | Rental Other | 200.00 | 27.00 | ||||||
| Fundraising | 25.40 | 2.00 | Net Rentals | 1,346.16 | 1,012.40 | ||||||
| Fundraising Expense | 0.00 | 0.00 | Postage & Delivery | 41.66 | 121.84 | ||||||
| Net Fundraising | 25.40 | 2.00 | Office Supplies | 299.41 | 270.94 | ||||||
| TOTAL FUND RAISING | 71,667.55 | 54,462.71 | Telephone | 733.00 | 685.68 | ||||||
| Utilities | 2,489.53 | 2,465.36 | |||||||||
| EARNED REVENUE | Programming & Licence | 691.77 | 999.22 | ||||||||
| ON AIR Sponsorship | 3,350.00 | 2,100.00 | Building R & M | 1,565.13 | 218.69 | ||||||
| ON AIR Sponsorship Expense | 0.00 | 0.00 | Building R & M Upper Apt | 496.07 | 296.16 | ||||||
| Net ON AIR Sponsorship | 3,350.00 | 2,100.00 | Technical R & M | 2,422.36 | 2,053.43 | ||||||
| "RADIO PAPER" Advertising | 0.00 | 0.00 | Net Repair & Maintenance | 4,483.56 | 2,568.28 | ||||||
| "RADIO PAPER" Expense | 0.00 | 0.00 | Professional Fees | 0.00 | 0.00 | ||||||
| Net "RADIO PAPER" | 0.00 | 0.00 | Insurance | 3,158.78 | 2,565.81 | ||||||
| Net Other Sponsorship | 3,437.10 | 4,808.26 | Travel | 0.00 | 0.00 | ||||||
| Tape Sales | 21.00 | 32.40 | Volunteer Expense | 427.88 | 456.95 | ||||||
| Tape Sales Expense | 0.00 | 0.00 | Bank Charges | 62.75 | 79.36 | ||||||
| Net Tape Sales | 21.00 | 32.40 | Mbanx Loan Interest | 0.00 | 30.29 | ||||||
| Rental Income | 3,660.00 | 3,600.00 | Mortgage Interest & Chrgs | 0.00 | 0.00 | ||||||
| Net Misc Sales & Services | 528.71 | 3,509.11 | Net Interest | 0.00 | 30.29 | ||||||
| Refunds & Discounts Given | 0.00 | 0.00 | Depreciation | 0.00 | 0.00 | ||||||
| TOTAL EARNED REVENUE | 10,996.81 | 14,049.77 | GST Paid | 1,365.31 | 653.60 | ||||||
| Bad Debts | 0.00 | 0.00 | |||||||||
| MISCELLANEOUS REVENUE | Miscellaneous | 0.00 | 0.03 | ||||||||
| Interest Income | 7.44 | 16.70 | TOTAL SUPPLY & EXPENSE | 15,099.81 | 11,979.36 | ||||||
| Discounts Taken | 0.00 | 0.00 | |||||||||
| Micellaneous Revenue | 0.00 | 75.00 | TOTAL EXPENSE | 46,209.20 | 44,111.54 | ||||||
| Amortisatn Dfrd Contribtns | 0.00 | 0.00 | ___________ | ___________ | |||||||
| TOTAL MISC REVENUE | 7.44 | 91.70 | NET SURPLUS / (DEFICIT) | 36,462.60 | 24,492.64 | ||||||
| ___________ | ___________ | ========== | ========== | ||||||||
| TOTAL REVENUE | 82,671.80 | 68,604.18 | |||||||||