Ventures Community Futures Development Corporation FINANCIAL STATEMENTS

Size: px
Start display at page:

Download "Ventures Community Futures Development Corporation FINANCIAL STATEMENTS"

Transcription

1 Ventures Community Futures Development Corporation FINANCIAL STATEMENTS Year Ended March 31, 2014

2 Yorkton, Saskatchewan March 31, 2014 Table of Contents Page Independent Auditors' Report 1 Statement of Financial Position 2 Statement of Changes in Net Assets 3 Statement of Operations 4 Statement of Cash Flows 5 Notes to Financial Statements 6-12

3 Independent Auditors' Report To the Board of Directors Ventures Community Futures Development Corporation Report on the Financial Statements We have audited the accompanying financial statements of Ventures Community Futures Development Corporation, which comprise the Statement of Financial Position as at March 31, 2014, and the Statements of Operations, Changes in Net Assets and Cash Flows for the year then ended, and a summary of significant accounting policies and other explanatory information. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with Canadian accounting standards for not-for-profit organizations and for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. Auditors' Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with Canadian generally accepted auditing standards. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditors' judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the financial statements present fairly, in all material respects, the financial position of Ventures Community Futures Development Corporation as at March 31, 2014, and its financial performance and its cash flows for the year then ended in accordance with Canadian accounting standards for not-for-profit organizations. Collins Barrow PQ LLP Yorkton, SK June 19,

4 Yorkton, Saskatchewan Statement of Financial Position as at March 31, 2014 Assets Disabled Entrepreneur Operating Investment Investment Fund Fund Fund Total Total Current Assets Cash and cash equivalents 213, , ,587 1,069, ,033 Accounts receivable - note 4 2, ,456 5,656 Inventories 5,522 5,522 7,955 Accrued interest receivable 1, ,552 1,070 Current portion of loans receivable 165,900 5, , ,900 Prepaid expenses 13,301 13,301 8, , , ,518 1,263, ,982 Long-Term Investments SBLA loans receivable - note 5 6,141 6,141 9,199 CFSIP investment - note 6 107,502 Loans receivable - note 7 995,618 21,573 1,017, ,678 6, ,618 21,573 1,023, ,379 Capital Assets - note 8 15, ,688 24,364 Liabilities and Net Assets $ 256,803 $ 1,796,849 $ 249,091 $ 2,302,743 $ 1,917,725 Current Liabilities Accounts payable and accrued liabilities - note 9 16, ,098 14,730 Unearned revenue - note 10 28,151 28,151 27,680 Current portion of SBLA loan funds repayable 3,400 3,400 3,100 Current portion of CFSIP investment pool loan 18,200 18,200 47,948 18, ,849 45,510 Long-Term Liabilities SBLA loan funds repayable - note 5 2,741 2,741 6,099 CFSIP investment pool loan - note 6 281, ,800 Repayable loan funds 1,001, ,000 1,201,000 1,201,000 Deferred contributions - note ,121 3,306 1,282, ,000 1,486,106 1,208,220 Net Assets Unrestricted net assets 205, , ,645 Restricted net assets Investment fund 495, , ,359 Disabled entrepreneur investment fund 49,091 49,091 44, , ,148 49, , ,995 Approved on behalf of the board: $ 256,803 $ 1,796,849 $ 249,091 $ 2,302,743 $ 1,917,725 President Secretary 2

5 Statement of Changes in Net Assets Restricted Net Assets Disabled Entrepreneur Unrestricted Investment Investment Net Assets Fund Fund Total Total Balance, beginning of year 199, ,359 44, , ,944 Excess of revenue over expenses for the year 5,904 75,789 4,100 85,793 62,051 Balance, end of year $ 205,549 $ 495,148 $ 49,091 $ 749,788 $ 663,995 The notes to financial statements are an integral part of these financial statements. 3

6 Statement of Operations Disabled Entrepreneur Operating Investment Investment Fund Fund Fund Total Total Revenue Grants W.E.D.C. 297, , ,670 W.E.D.C. capital - note ,349 Youth literacy camp sponsorships 1,932 1,932 6,060 Interest on loans 73,080 1,657 74,737 53,408 Loan administration fees 9,816 9,816 9,454 Loan recoveries 1,116 1,116 Investment income 2,381 4,919 2,443 9,743 10,538 Training programs 3,824 3,824 8,047 Other revenue 2,640 2,640 7, ,818 79,115 4, , ,556 Expenses Advertising and promotion 4,897 4,897 4,734 Amortization 9,830 9,830 10,208 Audit 7,598 7,598 7,418 Bad debt 3,048 3,048 Bank charges Board travel/training 10,956 10,956 7,508 Community Economic Development ,895 Contracted services 13,630 13,630 13,750 Credit checks/collections 1,481 1,481 1,983 Employee wages and benefits 186, , ,387 Impairment - loans and interest ,113 Insurance 1,796 1,796 2,057 Interest - long-term 2,871 2,871 Office 4,120 4,120 2,562 Office rent 44,940 44,940 60,367 Professional development 5,998 5,998 7,310 Repairs and maintenance 1,026 1, Resource library Staff travel 2,446 2,446 2,796 Telephone 5,467 5,467 4,425 Utilities 5,608 5,608 2,757 Workshops 1,636 1, ,914 3, , ,505 Excess of Revenue over Expenses for the Year $ 5,904 $ 75,789 $ 4,100 $ 85,793 $ 62,051 The notes to financial statements are an integral part of these financial statements. 4

7 Statement of Cash Flows Cash Provided By (Used In): Operations Excess of revenue over expenses for the year 85,793 62,051 Loans disbursed ( 370,996 ) ( 481,031) Principal payments collected 215, ,360 Loan collection costs ( 5,834 ) ( 2,005) Add items not requiring cash resources Amortization 9,830 10,208 Provision for impairment and bad debts ,113 Net change in working capital 3,059 40,688 ( 61,732 ) ( 128,616) Investing activities Capital asset purchases ( 1,155 ) ( 8,590) Additions to long-term investments ( 1,064) Proceeds on disposal of long-term investments 107, ,347 ( 9,654) Financing activities Long-term loans received 300,000 Deferred contributions ( 556 ) ( 1,349) 299,444 ( 1,349) Net Cash Increase (Decrease) for the Year 344,059 ( 139,619) Cash position, beginning of year 725, ,652 Cash Position, End of Year $ 1,069,092 $ 725,033 Net change in working capital consists of: Decrease (increase) - accounts receivable 3,200 ( 1,668) - inventories 2, prepaid expenses ( 4,933) 4,100 - other current assets ( 482) 3,790 Increase (decrease) - accounts payable and accrued liabilities 2,370 6,649 - other current liabilities ,680 $ 3,059 $ 40,688 Additional Information: Interest received $ 86,500 $ 66,673 The notes to financial statements are an integral part of these financial statements. 5

8 Notes to Financial Statements 1. Nature of Operations The organization was incorporated on February 6, 1997 under the Non-Profit Corporations Act of Saskatchewan. The Ventures Community Futures Development Corporation develops and diversifies the economy of east-central Saskatchewan through support of new or expanding small businesses. Funding for the organization has been provided by Western Economic Diversification Canada. These funds are used to provide small business counselling, advisory services and access to capital in the form of loans. The organization is not subject to income tax. 2. Significant Accounting Policies These financial statements are the responsibility of management and have been prepared in accordance with Canadian accounting standards for not-for-profit organizations using the accounting policies as summarized below: (a) Fund accounting Operations of the organization are reported in an operating fund, an investment fund and a disabled entrepreneur investment fund. An agreement with Western Economic Diversification Canada requires that the two investment funds be established as restricted funds. These funds are to provide loans to qualifying businesses. The revenue generated from the undisbursed repayable loan funds and interest from disbursed loans are restricted until March 31, On April 1, 2015, the unencumbered free cash balance of the repayable fund must be repaid to Western Economic Diversification Canada. At this time, all loan payments will be payable to Western Economic Diversification Canada until the original repayable contribution and one-half of the remaining assets have been repaid. The contribution agreement provides funds to the organization for reimbursement up to 100% of eligible operating expenses of the corporation. Another agreement with Western Economic Diversification has provided financial assistance to the organization to obtain capital assets to enable them to operate. The revenue is deferred until the assets are amortized. (b) Cash and cash equivalents Cash and cash equivalents represents cash on hand and cash held in banks. (c) Inventories Inventories are valued at the lower of cost and current replacement cost. Cost is determined on a first-in, first-out basis. 6

9 Notes to Financial Statements 2. Significant Accounting Policies - continued (d) Loans receivable Loans receivable are initially measured at fair value and subsequently at amortized cost using the effective interest method, less any impairment. An allowance for impaired loans is maintained that reduces the carrying value of loans to their estimated realizable amount. A loan is classified as impaired when there is no reasonable assurance that the principal and interest will be collected in full. The organization records specific allowances based on management's review of individual loans to reduce their book values to estimated realizable amounts. The net amount represents management's best estimate of the future value of the payment it will receive on each loan, discounted at the loan's inherent interest rate. When management cannot determine the loan's future cash flow, it bases its estimate on the estimated market value of the loan's security, and where appropriate and reasonable, on the discounted future value of the loan's security, net of expected selling costs. The organization records changes to the estimated realizable value of the loan as a charge or credit for loan impairment. The charge for loan impairment includes the current year's allowance for loan principal deemed uncollectible, less collections of principal and interest on loans allowed for in prior years and the write-down of foreclosed assets. (e) Capital assets Tangible capital assets are recorded at cost less accumulated amortization. The assets are amortized on a straight-line basis based on the estimated useful life of the asset as follows: Office equipment Computer equipment Computer software Leasehold improvements 2-10 years 2-3 years 2 years 5 years In the year of purchase, capital assets are amortized starting in the month of acquisition. In the year of disposition, capital assets are are amortized until the month of disposition. 7

10 Notes to Financial Statements 2. Significant Accounting Policies - continued (f) Revenue recognition The organization follows the deferral method of accounting for contributions. Restricted contributions are recognized as revenue in the year in which the related expenses are incurred. Restricted contributions for which the related restrictions remain unfulfilled are accumulated as deferred contributions. Interest revenue is recognized on an accrual basis as it is earned based on the terms of loans, deposit accounts and other investments. Grant revenues for operations are recognized based on the time period to which they relate. Restricted contributions are recognized as revenue in the year in which the related expenses are incurred. All other revenues are recognized when goods have been delivered or services provided, provided the amount receivable can be reasonably estimated and collection is reasonably assured. Restricted contributions for the purchase of capital assets that are amortized are deferred and recognized as revenue on the same basis as the amortization related to the acquired capital assets. (g) Donated materials and service Materials and services donated to the organization are recognized in these financial statements when they are used in the normal operations of the organization. They are recorded at their fair market value. During the year, there were no goods and services donated to the organization. (h) Financial instruments Measurement of financial instruments The organization initially measures its financial assets and liabilities at fair value, except for certain non-arm's length transactions. The organization subsequently measures all its financial assets and liabilities at amortized cost, net of impairment allowances, except for investments in equity instruments that are quoted in an active market, which are measured at fair value. Changes in fair value are recognized in excess of revenue over expenses. Impairment Financial assets measured at cost are tested for impairment when there are indicators of impairment. The amount of the write-down is recognized in excess of revenue over expenses. The previously recognized impairment loss may be reversed to the extent of the improvement, directly or by adjusting the allowance account, provided it is no greater than the amount that would have been reported at the date of the reversal had the impairment not been recognized previously. The amount of the reversal is recognized in excess of revenue over expenses. 8

11 Notes to Financial Statements 2. Significant Accounting Policies - continued (i) Estimates The preparation of financial statements in accordance with Canadian accounting standards for not-for-profit organizations requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reported period. These estimates are reviewed periodically and, as adjustments become necessary, they are reported in earnings in the period in which they became known. Significant estimates have been made in the following financial statement areas: valuation of loans and receivables - actual collectability may differ from those anticipated by management useful lives of capital assets and related amortization - service lives may differ from initial estimates 3. Risks Arising from Financial Instruments The organization is exposed to various risks through its financial instruments. The following analysis provides a measure of the organization's risk exposure and concentrations at the reporting date. The terms and conditions affecting the financial instruments are: (a) Credit risk Credit risk is the risk that one party to a financial instrument will cause a financial loss for the other party by failing to discharge an obligation. Due to the nature of the organization, the organization is exposed to significant credit risk from the potential non-payment of loans receivable. To mitigate this risk, the organization had implemented processes to review the credit worthiness of its loan applicants, as well as registering security interests. The organization does not consider itself to be exposed to credit risk in relation to its accounts receivables, as these amounts are substantially all receivable from government bodies. (b) Interest rate risk The loans receivables bear fixed interest rates. As such, the organization's exposure to interest rate risk is limited to fair value risk. 9

12 Notes to Financial Statements 4. Accounts Receivable Accounts receivable are comprised of the following items: Operating fund: Goods and services tax 2,304 2,520 Other receivables 27 3,136 Investment fund: $ 2,331 $ 5,656 Goods and services tax $ 125 $ 0 5. SBLA Loans Receivable and Funds Repayable The organization may access an interest-free revolving line-of-credit of up to $200,000 to loan to qualifying small businesses under the The Small Business Loans Association (SBLA) Program Regulations, as administered by the Saskatchewan Ministry of Economy. Principal payments recovered on these loans are required to be repaid to the Ministry of Economy. The maximum amount which may be advanced to a business is $20,000, with interest charged at no more than 10% and repayment due within five years. In the 2012 year, the organization advanced a loan of $15,000 under the SBLA program. The loan is secured by a general security agreement and a demand promissory note executed by the business and personal guarantees by the shareholders. 6. CFSIP Investment and CFSIP Investment Pool Loan In the prior year, the organization had contributed funds to the Community Futures Saskatchewan Investment Pool (CFSIP). The CFSIP is comprised of contributions of other Community Futures Development Corporations (CFDCs) and is invested in low-risk, principle-safe investments. CFDCs may borrow from the CFSIP to a maximum of 30% of the total deposits in the CFSIP. In the current year, the organization borrowed $300,000 from the CFSIP. The loan bears a fixed interest rate of 2.75% per annum, with interest only payments until December 2014 and $6,740 monthly thereafter. Estimated principal payments of the CFSIP loan due within each of the next five years amount to: , , , , ,500 $ 300,000 10

13 Notes to Financial Statements 7. Loans Receivable Investment Fund: Food services 392,191 Hospitality services 92, ,521 Immigration services 53,303 Mechanical services 44,926 Processing 47,276 56,117 Retail trade 295, ,947 Transportation 60,890 Other services 281, ,063 Impaired loans 31,113 Syndicated loans ( 61,420 ) ( 63,758) 1,161,518 1,032,929 Allowance for impaired loans ( 31,113) Current portion ( 165,900 ) ( 155,000) Disabled Entrepreneur Investment Fund: $ 995,618 $ 846,816 Retail trade and other 27,473 26,762 Current portion ( 5,900 ) ( 7,900) 8. Capital Assets $ 21,573 $ 18,862 Cost Office equipment 71,297 73,336 Computer equipment 40,755 41,895 Computer software 17,791 19,191 Leasehold improvements 20,076 20, , ,498 Accumulated amortization Office equipment 65,795 65,837 Computer equipment 38,402 39,552 Computer software 17,791 16,372 Leasehold improvements 12,243 8, , ,134 Net book value $ 15,688 $ 24,364 11

14 Notes to Financial Statements 9. Accounts Payable and Accrued Liabilities Accounts payable and accrued liabilities are comprised of the following items: Operating fund: Accounts payable 5,513 8,423 Government remittances 1,761 Other payroll deductions payable Accrued wages payable 8,488 6,302 Investment fund: $ 16,397 $ 14,730 Accrued interest payable $ 701 $ Unearned Revenue and Deferred Contributions Unearned revenue represents restricted contributions to be used to fund operations in the subsequent fiscal year. The changes in the deferred contributions balance are as follows: Balance, beginning of year 27,680 0 Less: Amount recognized as revenue during the year 27,680 Plus: Amount received for subsequent year 28,151 27,680 Balance, end of year $ 28,151 $ 27,680 Deferred contributions related to capital assets represent government contributions for the purchase of capital assets. These contributions are recognized on the same basis as the amortization of the related assets, and are considered long term liabilities. The changes in the deferred contributions balance are as follows: Balance, beginning of year 1,121 2,470 Less: Amount recognized as revenue during the year 556 1,349 Balance, end of year $ 565 $ 1, Commitments The organization leases office space under a lease agreement which expires March 31, 2016, but includes a five-year option to renew at the end of the lease. The lease is payable monthly in the amount of $2,833 plus GST. The organization is also responsible for its proportionate share of the overall operational and maintenance costs of the building based on proportionate square footage. These costs are payable on a monthly basis at a value estimated by the landlord and adjusted annually for actual costs. 12

COMMUNITY FUTURES DEVELOPMENT CORPORATION OF BOUNDARY AREA Financial Statements Year Ended March 31, 2018

COMMUNITY FUTURES DEVELOPMENT CORPORATION OF BOUNDARY AREA Financial Statements Year Ended March 31, 2018 Financial Statements Financial Statements March 31, 2018 Contents Independent Auditors' Report 1-2 Non-Consolidated Statement of Financial Position 3 Non-Consolidated Statement of Operations 4 Non-Consolidated

More information

Financial statements. Operation Come Home. December 31, 2016

Financial statements. Operation Come Home. December 31, 2016 Financial statements Operation Come Home Independent auditors report To the Members of Operation Come Home We have audited the accompanying financial statements of Operation Come Home, which comprise the

More information

Community Futures Wood Buffalo Financial Statements March 31, 2014

Community Futures Wood Buffalo Financial Statements March 31, 2014 Financial Statements March 31, 2014 Management's Responsibility To the Directors of Community Futures Wood Buffalo: Management is responsible for the preparation and presentation of the accompanying financial

More information

Toronto Public Library Foundation. Financial Statements December 31, 2017

Toronto Public Library Foundation. Financial Statements December 31, 2017 Toronto Public Library Foundation Financial Statements December 31, June 27, 2018 Independent Auditor s Report To the Directors of Toronto Public Library Foundation We have audited the accompanying financial

More information

COMMUNITY FUTURES DEVELOPMENT CORPORATION, CENTRAL OKANAGAN

COMMUNITY FUTURES DEVELOPMENT CORPORATION, CENTRAL OKANAGAN Financial Statements of COMMUNITY FUTURES DEVELOPMENT CORPORATION, KPMG LLP 200-3200 Richter Street Kelowna BC V1W 5K9 Canada Tel (250) 979-7150 Fax (250) 763-0044 INDEPENDENT AUDITORS' REPORT To the Board

More information

COMMUNITY FUTURES DEVELOPMENT CORPORATION, CENTRAL OKANAGAN

COMMUNITY FUTURES DEVELOPMENT CORPORATION, CENTRAL OKANAGAN Financial Statements of COMMUNITY FUTURES DEVELOPMENT CORPORATION, KPMG LLP Telephone (250) 979-7150 200-3200 Richter Street Fax (250) 763-0044 Kelowna BC V1W 5K9 Internet www.kpmg.ca Canada INDEPENDENT

More information

COMMUNITY FUTURES HIGHWOOD

COMMUNITY FUTURES HIGHWOOD FINANCIAL STATEMENTS MARCH 31, 2016 TABLE OF CONTENTS MARCH 31, 2016 Page Independent Auditor s Report on Compliance 3 Independent Auditor s Report 4 Financial Statements Statement of Financial Position

More information

CANADA WEST FOUNDATION

CANADA WEST FOUNDATION Financial Statements of CANADA WEST FOUNDATION Year ended December 31, 2017 KPMG LLP 205 5th Avenue SW Suite 3100 Calgary AB T2P 4B9 Telephone (403) 691-8000 Fax (403) 691-8008 www.kpmg.ca INDEPENDENT

More information

CANADIAN ASSOCIATION OF UNIVERSITY BUSINESS OFFICERS

CANADIAN ASSOCIATION OF UNIVERSITY BUSINESS OFFICERS Financial Statements of CANADIAN ASSOCIATION OF UNIVERSITY BUSINESS - May 13, 2018, 10:37 PM Version 1.11 last saved May 13, 2018 at 10:37:48 PM INDEPENDENT AUDITORS' REPORT To the Members of the Canadian

More information

BOYS AND GIRLS CLUBS OF CANADA

BOYS AND GIRLS CLUBS OF CANADA Financial Statements of BOYS AND GIRLS CLUBS OF CANADA KPMG LLP Vaughan Metropolitan Centre 100 New Park Place, Suite 1400 Vaughan ON L4K 0J3 Canada Tel 905-265-5900 Fax 905-265-6390 INDEPENDENT AUDITORS'

More information

Community Futures Development Corporation of Central Island Non-Consolidated Financial Statements March 31, 2016

Community Futures Development Corporation of Central Island Non-Consolidated Financial Statements March 31, 2016 Non-Consolidated Financial Statements March 31, 2016 Contents Page Management's Responsibility Independent Auditors' Report Non-Consolidated Financial Statements Non-Consolidated Statement of Financial

More information

COMMUNITY FUTURES DEVELOPMENT CORPORATION OF REVELSTOKE Non-Consolidated Financial Statements For the year ended March 31, 2017

COMMUNITY FUTURES DEVELOPMENT CORPORATION OF REVELSTOKE Non-Consolidated Financial Statements For the year ended March 31, 2017 COMMUNITY FUTURES DEVELOPMENT CORPORATION OF REVELSTOKE Non-Consolidated Financial Statements For the year ended March 31, 2017 Contents Independent Auditor's Report 2 Non-Consolidated Financial Statements

More information

Community Futures Treaty Seven Financial Statements March 31, 2018

Community Futures Treaty Seven Financial Statements March 31, 2018 Financial Statements March 31, 2018 Independent Auditors Report To the Shareholders of Community Futures Treaty Seven: We have audited the accompanying financial statements of Community Futures Treaty

More information

BEAVER RIVER COMMUNITY FUTURES DEVELOPMENT CORPORATION AUDITOR'S REPORT AND FINANCIAL STATEMENTS. March 31, 2017

BEAVER RIVER COMMUNITY FUTURES DEVELOPMENT CORPORATION AUDITOR'S REPORT AND FINANCIAL STATEMENTS. March 31, 2017 BEAVER RIVER COMMUNITY FUTURES DEVELOPMENT CORPORATION AUDITOR'S REPORT AND FINANCIAL STATEMENTS March 31, 2017 BEAVER RIVER COMMUNITY FUTURES DEVELOPMENT CORPORATION INDEX for the year ended March 31,

More information

Community Futures Treaty Seven Financial Statements March 31, 2014

Community Futures Treaty Seven Financial Statements March 31, 2014 Financial Statements March 31, 2014 Independent Auditors Report To the Shareholders of Community Futures Treaty Seven: We have audited the accompanying financial statements of Community Futures Treaty

More information

Canadian Mental Health Association, Middlesex. Financial Statements March 31, 2017

Canadian Mental Health Association, Middlesex. Financial Statements March 31, 2017 Canadian Mental Health Association, Middlesex Financial Statements March 31, September 29, Independent Auditor s Report To the Board of Trustees of Canadian Mental Health Association, Middlesex We have

More information

CANADIAN COUNCIL ON ANIMAL CARE/CONSEIL CANADIEN DE PROTECTION DES ANIMAUX

CANADIAN COUNCIL ON ANIMAL CARE/CONSEIL CANADIEN DE PROTECTION DES ANIMAUX Financial Statements of CANADIAN COUNCIL ON ANIMAL CARE/CONSEIL CANADIEN DE PROTECTION DES ANIMAUX KPMG LLP 150 Elgin Street, Suite 1800 Ottawa ON K2P 2P8 Canada Telephone 613-212-5764 Fax 613-212-2896

More information

SEARCHMONT SKI ASSOCIATION INC.

SEARCHMONT SKI ASSOCIATION INC. Financial Statements of SEARCHMONT SKI ASSOCIATION INC. KPMG LLP 111 Elgin Street, Suite 200 Sault Ste. Marie ON P6A 6L6 Canada Tel 705-949-5811 Fax 705-949-0911 INDEPENDENT AUDITORS' REPORT To the Board

More information

ETOBICOKE SERVICES FOR SENIORS

ETOBICOKE SERVICES FOR SENIORS Financial statements of (O/A ESS Support Services) INDEPENDENT AUDITOR'S REPORT To the Members of Etobicoke Services for Seniors We have audited the financial statements of Etobicoke Services for Seniors,

More information

CANADIAN SUPPLY CHAIN SECTOR COUNCIL

CANADIAN SUPPLY CHAIN SECTOR COUNCIL Financial statements of CANADIAN SUPPLY CHAIN SECTOR COUNCIL INDEPENDENT AUDITORS' REPORT To the Members of CANADIAN SUPPLY CHAIN SECTOR COUNCIL We have audited the financial statements of the Canadian

More information

THE CANADIAN NATIONAL INSTITUTE FOR THE BLIND

THE CANADIAN NATIONAL INSTITUTE FOR THE BLIND Financial Statements of THE CANADIAN NATIONAL INSTITUTE FOR THE BLIND CANADIAN NATIONAL INSTITUTE FOR THE BLIND March 31, 2017 Table of contents Independent Auditor s Report... 1-2 Statement of Financial

More information

COMMUNITY FUTURES DEVELOPMENT CORPORATION OF Financial Statements As at March 31, 2008

COMMUNITY FUTURES DEVELOPMENT CORPORATION OF Financial Statements As at March 31, 2008 COMMUNITY FUTURES DEVELOPMENT CORPORATION OF 16-37 Financial Statements As at March 31, 2008 STATEMENT OF OPERATIONS AND CHANGES IN FUND BALANCES General Loan Investment Fund Fund Total Total REVENUE

More information

COMMUNITY FUTURES WILD ROSE Financial Statements Year Ended March 31, 2016

COMMUNITY FUTURES WILD ROSE Financial Statements Year Ended March 31, 2016 Financial Statements INDEPENDENT AUDITOR'S REPORT To the Shareholders of Community Futures Wild Rose We have audited the accompanying financial statements of Community Futures Wild Rose, which comprise

More information

Financial Statements of VANCOUVER ECONOMIC COMMISSION

Financial Statements of VANCOUVER ECONOMIC COMMISSION Financial Statements of VANCOUVER ECONOMIC COMMISSION Year Ended December 31, 2017 1 KPMG LLP Metro Tower I 4710 Kingsway, Suite 2400 Burnaby BC V5H 4M2 Canada Telephone (604) 527-3600 Fax (604) 527-3636

More information

Financial Statements. Toronto Children s Care Inc. December 31, 2017

Financial Statements. Toronto Children s Care Inc. December 31, 2017 Financial Statements Toronto Children s Care Inc. December 31, 2017 Contents Page Independent Auditor s Report 1-2 Statement of Financial Position 3 Statements of Operations and Changes in Fund Balances

More information

COMMUNITY FUTURES CROWSNEST PASS

COMMUNITY FUTURES CROWSNEST PASS eli Financial Statements of COMMUNITY FUTURES CROWSNEST PASS KPMG LIP TeFephone (403) 380-5700 500 Letbbridge Centre Tower Fax (403) 380-5760 400-4th Avenue South nternet www kpmgca LethbrLdge AS T1J 4E1

More information

COMMUNITY FUTURES DEVELOPMENT CORPORATION OF BOUNDARY AREA. Financial Statements. March 31, Contents

COMMUNITY FUTURES DEVELOPMENT CORPORATION OF BOUNDARY AREA. Financial Statements. March 31, Contents Financial Statements March 31, 2016 Contents Page Independant Auditors Report Non-Consolidated Statement of Financial Position Non-Consolidated Statement of Operations Non-Consolidated Statement of Changes

More information

THE ARTHRITIS SOCIETY/ LA SOCIÉTÉ D'ARTHRITE

THE ARTHRITIS SOCIETY/ LA SOCIÉTÉ D'ARTHRITE Financial Statements of THE ARTHRITIS SOCIETY/ KPMG LLP Vaughan Metropolitan Centre 100 New Park Place, Suite 1400 Vaughan ON L4K 0J3 Canada Tel 905-265-5900 Fax 905-265-6390 INDEPENDENT AUDITORS' REPORT

More information

COMMUNITY FUTURES DEVELOPMENT CORPORATION OF STUART NECHAKO FINANCIAL STATEMENTS MARCH 31, Statement 3 - Changes in Investment in Capital Assets

COMMUNITY FUTURES DEVELOPMENT CORPORATION OF STUART NECHAKO FINANCIAL STATEMENTS MARCH 31, Statement 3 - Changes in Investment in Capital Assets COMMUNITY FUTURES DEVELOPMENT CORPORATION OF STUART NECHAKO FINANCIAL STATEMENTS MARCH 31, 2014 Independent Auditor's Reports Statement 1 - Operations Statement 2 - Changes in Net Assets Statement 3 -

More information

Lutherwood. Financial Statements March 31, 2017

Lutherwood. Financial Statements March 31, 2017 Financial Statements June 19, 2017 Independent Auditor s Report To the Board of Governors of Lutherwood We have audited the accompanying financial statements of Lutherwood, which comprise the statement

More information

ETOBICOKE SERVICES FOR SENIORS

ETOBICOKE SERVICES FOR SENIORS Financial statements of INDEPENDENT AUDITORS' REPORT To the Members of Etobicoke Services for Seniors We have audited the financial statements of Etobicoke Services for Seniors, which comprise the balance

More information

Final Draft. Human Concern International Financial Statements For the year ended March 31, Contents

Final Draft. Human Concern International Financial Statements For the year ended March 31, Contents Financial Statements For the year ended March 31, 2016 Contents Independent Auditor's Report 1 Financial Statements Statement of Financial Position 3 Statement of Changes in Net Assets 4 Statement of Operations

More information

WE CHARITY (FORMERLY FREE THE CHILDREN) NON-CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2016

WE CHARITY (FORMERLY FREE THE CHILDREN) NON-CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2016 NON-CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2016 INDEX TO NON-CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2016 INDEPENDENT AUDITOR'S REPORT 1-2 Page NON-CONSOLIDATED

More information

ALBERTA COLLEGE OF FAMILY PHYSICIANS OF CANADA - A CHAPTER OF THE COLLEGE OF FAMILY PHYSICIANS OF CANADA Financial Statements Year Ended December 31,

ALBERTA COLLEGE OF FAMILY PHYSICIANS OF CANADA - A CHAPTER OF THE COLLEGE OF FAMILY PHYSICIANS OF CANADA Financial Statements Year Ended December 31, ALBERTA COLLEGE OF FAMILY PHYSICIANS OF CANADA - A CHAPTER OF THE COLLEGE OF FAMILY PHYSICIANS OF CANADA Financial Statements Index to Financial Statements INDEPENDENT AUDITORS' REPORT 1 Page FINANCIAL

More information

CANADIAN FOUNDATION FOR ECONOMIC EDUCATION

CANADIAN FOUNDATION FOR ECONOMIC EDUCATION CANADIAN FOUNDATION FOR ECONOMIC EDUCATION FINANCIAL STATEMENTS March 31, 2018 CONTENTS INDEPENDENT AUDITOR'S REPORT 1 FINANCIAL STATEMENTS Balance Sheet 2 Statement of Changes in Net Assets 3 Statement

More information

Dovercourt Recreation Association. Financial Statements

Dovercourt Recreation Association. Financial Statements Financial Statements For the year ended December 31, 2017 Financial Statements For the year ended December 31, 2017 Contents Independent Auditor's Report 1 Financial Statements Balance Sheet 2 Statement

More information

Community Futures Development Corporation of Central Island Non-Consolidated Financial Statements March 31, 2017

Community Futures Development Corporation of Central Island Non-Consolidated Financial Statements March 31, 2017 Non-Consolidated Financial Statements March 31, 2017 Contents Page Management's Responsibility Independent Auditors' Report Non-Consolidated Financial Statements Non-Consolidated Statement of Financial

More information

CANADIAN COUNCIL ON ANIMAL CARE/CONSEIL CANADIEN DE PROTECTION DES ANIMAUX

CANADIAN COUNCIL ON ANIMAL CARE/CONSEIL CANADIEN DE PROTECTION DES ANIMAUX Financial Statements of CANADIAN COUNCIL ON ANIMAL CARE/CONSEIL CANADIEN DE PROTECTION DES ANIMAUX KPMG LLP 150 Elgin Street, Suite 1800 Ottawa ON K2P 2P8 Canada Telephone 613-212-5764 Fax 613-212-2896

More information

COMMUNITY FUTURES WINNIPEG RIVER. Financial Statements. Year Ended March 31, 2016

COMMUNITY FUTURES WINNIPEG RIVER. Financial Statements. Year Ended March 31, 2016 COMMUNITY FUTURES WINNIPEG RIVER Financial Statements INDEPENDENT AUDITOR'S REPORT To the Members of Community Futures Winnipeg River Corp. We have audited the accompanying financial statements of Community

More information

FAMILY ASSOCIATION FOR MENTAL HEALTH EVERYWHERE (FAME)

FAMILY ASSOCIATION FOR MENTAL HEALTH EVERYWHERE (FAME) FAMILY ASSOCIATION FOR MENTAL HEALTH EVERYWHERE (FAME) FINANCIAL STATEMENTS MARCH 31, 2017 Pennylegion Chung LLP C H A R T E R E D P R O F E S S I O N A L A C C O U N T A N T S INDEPENDENT AUDITOR'S REPORT

More information

FPSC Foundation (incorporated under the laws of Canada as a corporation without share capital) Financial Statements March 31, 2013

FPSC Foundation (incorporated under the laws of Canada as a corporation without share capital) Financial Statements March 31, 2013 (incorporated under the laws of Canada as a corporation without share capital) Financial Statements March 31, July 31, Independent Auditor s Report To the Members of We have audited the accompanying financial

More information

Summarized Financial Statements of UNITED WAY OF SASKATOON AND AREA. Year ended March 31, 2011

Summarized Financial Statements of UNITED WAY OF SASKATOON AND AREA. Year ended March 31, 2011 Summarized Financial Statements of UNITED WAY OF SASKATOON AND AREA KPMG LLP Telephone (306) 934-6200 Chartered Accountants Fax (306) 934-6233 600-128 4 th Avenue South Internet www.kpmg.ca Saskatoon Saskatchewan

More information

COMMUNITY FUTURES CROWSNEST PASS

COMMUNITY FUTURES CROWSNEST PASS Financial Statements of COMMUNITY FUTURES CROWSNEST PASS I (I KPMG LLP Telephone (403) 380-5700 500 Lethbridge Centre TDW6r Fax (403) 380-5760 400-4th Avenue South Internet wwwkpmg ca Lei ±r dge AS TIJ

More information

SIR SANDFORD FLEMING COLLEGE OF APPLIED ARTS AND TECHNOLOGY

SIR SANDFORD FLEMING COLLEGE OF APPLIED ARTS AND TECHNOLOGY Financial Statements of SIR SANDFORD FLEMING COLLEGE OF APPLIED ARTS AND TECHNOLOGY KPMG LLP Telephone (416) 228-7000 Yonge Corporate Centre Fax (416) 228-7123 4100 Yonge Street Suite 200 Internet www.kpmg.ca

More information

UNIVERSITY OF WATERLOO FINANCIAL STATEMENTS

UNIVERSITY OF WATERLOO FINANCIAL STATEMENTS UNIVERSITY OF WATERLOO FINANCIAL STATEMENTS APRIL 30, 2016 I N D E X Statement of Management Responsibility 1 Independent Auditors' Report 2 Financial Statements Balance Sheet 3 Statement of Operations

More information

SIR SANDFORD FLEMING COLLEGE OF APPLIED ARTS AND TECHNOLOGY

SIR SANDFORD FLEMING COLLEGE OF APPLIED ARTS AND TECHNOLOGY Financial Statements of SIR SANDFORD FLEMING COLLEGE OF APPLIED ARTS AND TECHNOLOGY KPMG LLP Vaughan Metropolitan Centre 100 New Park Place, Suite 1400 Vaughan ON L4K 0J3 Canada Tel 905-265-5900 Fax 905-265-6390

More information

NATIONAL CAPITAL FREENET INCORPORATED

NATIONAL CAPITAL FREENET INCORPORATED Financial Statements of NATIONAL CAPITAL FREENET INCORPORATED Year ended December 31, 2016 KPMG LLP 150 Elgin Street, Suite 1800 Ottawa ON K2P 2P8 Canada Telephone 613-212-5764 Fax 613-212-2896 INDEPENDENT

More information

Canadian Patient Safety Institute

Canadian Patient Safety Institute Financial statements of Canadian Patient Safety Institute March 31, 2017 March 31, 2017 Table of contents Independent Auditor s Report... 1-2 Statement of financial position... 3 Statement of operations...

More information

BETHESDA COMMUNITY SERVICES INC. Financial Statements

BETHESDA COMMUNITY SERVICES INC. Financial Statements Financial Statements March 31, 2017 Financial Statements March 31, 2017 Table of Contents Page Independent Auditors' Report 1-2 Statement of Financial Position 3 Statement of Changes in Net Assets 4 Statement

More information

UNIVERSITY OF WATERLOO FINANCIAL STATEMENTS

UNIVERSITY OF WATERLOO FINANCIAL STATEMENTS UNIVERSITY OF WATERLOO FINANCIAL STATEMENTS APRIL 30, 2017 I N D E X Statement of Management Responsibility 1 Independent Auditors' Report 2 Financial Statements Balance Sheet 3 Statement of Operations

More information

Kitchener-Waterloo Counselling Services Incorporated Financial Statements For the year ended December 31, 2015

Kitchener-Waterloo Counselling Services Incorporated Financial Statements For the year ended December 31, 2015 Financial Statements Index to Financial Statements INDEPENDENT AUDITOR'S REPORT 1-2 Page FINANCIAL STATEMENTS Statement of Financial Position 3 Statement of Changes in Net Assets 4 Statement of Operations

More information

The Multiple Sclerosis Society of Canada (Quebec Division) and Quebec Chapters. Combined Financial Statements December 31, 2016

The Multiple Sclerosis Society of Canada (Quebec Division) and Quebec Chapters. Combined Financial Statements December 31, 2016 The Multiple Sclerosis Society of Canada (Quebec Division) and Quebec Chapters Combined Financial Statements Combined Financial Statements Table of Contents Page Independent Auditor s Report... 1 Combined

More information

ALBERTA REAL ESTATE FOUNDATION

ALBERTA REAL ESTATE FOUNDATION Financial Statements of ALBERTA REAL ESTATE FOUNDATION ABCD KPMG LLP Chartered Accountants 2700, 205-5th Avenue SW Calgary AB T2P 4B9 Telephone (403) 691-8000 Fax (403) 691-8008 Internet www.kpmg.ca INDEPENDENT

More information

Canadian Thoracic Society. Financial Statements

Canadian Thoracic Society. Financial Statements Financial Statements For the year ended December 31, 2016 Financial Statements For the year ended December 31, 2016 Contents Independent Auditor's Report 1 Financial Statements Statement of Financial Position

More information

Financial Statements. International Institute of Business Analysis. December 31, 2016

Financial Statements. International Institute of Business Analysis. December 31, 2016 Financial Statements International Institute of Business Analysis Contents Page Independent Auditor's Report 1-2 Statement of Financial Position 3 Statements of Operations and Changes in Net Assets 4 Statement

More information

Financial Statements of MOVEMBER CANADA. Year ended April 30, 2018

Financial Statements of MOVEMBER CANADA. Year ended April 30, 2018 Financial Statements of MOVEMBER CANADA KPMG LLP Vaughan Metropolitan Centre 100 New Park Place, Suite 1400 Vaughan ON L4K 0J3 Canada Tel 905-265-5900 Fax 905-265-6390 INDEPENDENT AUDITORS' REPORT To the

More information

Humber River Hospital Foundation Financial Statements For the year ended March 31, 2018

Humber River Hospital Foundation Financial Statements For the year ended March 31, 2018 Financial Statements For the year ended March 31, 2018 Contents Independent Auditor's Report 2 Financial Statements Balance Sheet 3 Statement of Operations and Changes in Fund Balances 4 Statement of Cash

More information

WOMEN IN NEED SOCIETY OF CALGARY

WOMEN IN NEED SOCIETY OF CALGARY WOMEN IN NEED SOCIETY OF CALGARY Financial Statements December 31, 2013 Index to the Financial Statements For the Year Ended December 31, 2013 Page INDEPENDENT AUDITOR'S REPORT 1 FINANCIAL STATEMENTS Statement

More information

UNIVERSITY OF WATERLOO FINANCIAL STATEMENTS

UNIVERSITY OF WATERLOO FINANCIAL STATEMENTS UNIVERSITY OF WATERLOO FINANCIAL STATEMENTS APRIL 30, 2015 I N D E X Statement of Management Responsibility 1 Independent Auditors' Report 2 Financial Statements Balance Sheet 3 Statement of Operations

More information

ONTARIO ASSOCIATION OF CHILDREN'S AID SOCIETIES

ONTARIO ASSOCIATION OF CHILDREN'S AID SOCIETIES Financial Statements of ONTARIO ASSOCIATION OF CHILDREN'S AID SOCIETIES Year ended March 31, 2017 KPMG LLP Vaughan Metropolitan Centre 100 New Park Place, Suite 1400 Vaughan ON L4K 0J3 Canada Tel 905-265-5900

More information

MOMENTUM COMMUNITY ECONOMIC DEVELOPMENT SOCIETY Financial Statements December 31, 2017

MOMENTUM COMMUNITY ECONOMIC DEVELOPMENT SOCIETY Financial Statements December 31, 2017 Financial Statements December 31, 2017 Index to Financial Statements INDEPENDENT AUDITOR'S REPORT 1-2 Page FINANCIAL STATEMENTS Statement of Financial Position 3 Statement of Operations 4 Statement of

More information

LOVE: Leave Out Violence Nova Scotia Society ANNUAL FINANCIAL STATEMENTS. March 31, Refer to the accompanying notes.

LOVE: Leave Out Violence Nova Scotia Society ANNUAL FINANCIAL STATEMENTS. March 31, Refer to the accompanying notes. ANNUAL FINANCIAL STATEMENTS March 31, 2018 Refer to the accompanying notes. INDEPENDENT AUDITORS' REPORT To the Directors of LOVE: Leave Out Violence We have audited the accompanying financial statements

More information

AUTISM SOCIETY OF NEWFOUNDLAND AND LABRADOR INC. Financial Statements Year Ended March 31, 2015

AUTISM SOCIETY OF NEWFOUNDLAND AND LABRADOR INC. Financial Statements Year Ended March 31, 2015 Financial Statements Index to Financial Statements INDEPENDENT AUDITOR'S REPORT 1 Page FINANCIAL STATEMENTS Statement of Financial Position 2 Statement of Changes in Net Assets 3 Statement of Revenues

More information

Community Futures East Kootenay Non-Consolidated Financial Statements For the year ended March 31, 2017

Community Futures East Kootenay Non-Consolidated Financial Statements For the year ended March 31, 2017 Non-Consolidated Financial Statements For the year ended March 31, 2017 Contents Independent Auditor's Report 2-3 Non-Consolidated Financial Statements Non-Consolidated Statement of Financial Position

More information

THE FRONTIER COLLEGE/ LE COLLÈGE FRONTIÈRE

THE FRONTIER COLLEGE/ LE COLLÈGE FRONTIÈRE Financial Statements of THE FRONTIER COLLEGE/ KPMG LLP Telephone (416) 228-7000 Chartered Accountants Fax (416) 228-7123 Yonge Corporate Centre Internet www.kpmg.ca 4100 Yonge Street Suite 200 Toronto

More information

THE CANADIAN NATIONAL INSTITUTE FOR THE BLIND

THE CANADIAN NATIONAL INSTITUTE FOR THE BLIND Financial Statements of THE CANADIAN NATIONAL INSTITUTE FOR THE BLIND INDEPENDENT AUDITORS' REPORT To the National Board and Members of The Canadian National Institute for the Blind We have audited the

More information

THE CANADIAN NATIONAL INSTITUTE FOR THE BLIND

THE CANADIAN NATIONAL INSTITUTE FOR THE BLIND Financial Statements of THE CANADIAN NATIONAL INSTITUTE FOR THE BLIND KPMG LLP Yonge Corporate Centre 4100 Yonge Street Suite 200 Toronto ON M2P 2H3 Canada Telephone (416) 228-7000 Fax (416) 228-7123 Internet

More information

FINANCIAL STATEMENTS APRIL 30, 2018

FINANCIAL STATEMENTS APRIL 30, 2018 FINANCIAL STATEMENTS APRIL 30, 2018 UNIVERSITY OF WATERLOO FINANCIAL STATEMENTS APRIL 30, 2018 I N D E X Statement of Management Responsibility 1 Independent Auditors' Report 2 Financial Statements Balance

More information

Financial Statements. Imagine Canada. December 31, 2011

Financial Statements. Imagine Canada. December 31, 2011 Financial Statements December 31, 2011 Contents Page Independent Auditor s Report 1-2 Statement of Revenue and Expenses 3 Statement of Changes in Net Assets 4 Statement of Financial Position 5 Statement

More information

Canadian Agency for Drugs and Technologies in Health. Financial Statements March 31, 2017

Canadian Agency for Drugs and Technologies in Health. Financial Statements March 31, 2017 Canadian Agency for Drugs and Technologies in Health Financial Statements March 31, 2017 June 28, 2017 Independent Auditor s Report To the Members of Canadian Agency for Drugs and Technologies in Health

More information

PTP - Adult Learning and Employment Programs. Financial Statements

PTP - Adult Learning and Employment Programs. Financial Statements PTP - Adult Learning and Employment Programs Financial Statements For the Year Ended March 31, 2018 INDEPENDENT AUDITORS' REPORT To the Directors of We have audited the accompanying financial statements

More information

COMMUNITY FUTURES DEVELOPMENT CORPORATION OF BOUNDARY AREA. Financial Statements. March 31, Contents. Non-Consolidated Statement of Cash Flows 6

COMMUNITY FUTURES DEVELOPMENT CORPORATION OF BOUNDARY AREA. Financial Statements. March 31, Contents. Non-Consolidated Statement of Cash Flows 6 Financial Statements March 31, 2015 Contents Independant Auditors Report 1-2 Non-Consolidated Statement of Financial Position 3 Non-Consolidated Statement of Changes in Fund Balances 4 Non-Consolidated

More information

WCS WILDLIFE CONSERVATION SOCIETY CANADA

WCS WILDLIFE CONSERVATION SOCIETY CANADA Financial Statements of WCS WILDLIFE CONSERVATION SOCIETY CANADA Year ended June 30, 2016 KPMG LLP Vaughan Metropolitan Centre 100 New Park Place, Suite 1400 Vaughan ON L4K 0J3 Canada Tel 905-265-5900

More information

HABITAT FOR HUMANITY - NATIONAL CAPITAL REGION

HABITAT FOR HUMANITY - NATIONAL CAPITAL REGION Financial Statements of HABITAT FOR HUMANITY - NATIONAL CAPITAL REGION December 31, 2015 April 26, 2016 INDEPENDENT AUDITORS' REPORT To the Members of Habitat for Humanity - National Capital Region: We

More information

CHARTERED PROFESSIONALS IN HUMAN RESOURCES OF SASKATCHEWAN CORPORATION

CHARTERED PROFESSIONALS IN HUMAN RESOURCES OF SASKATCHEWAN CORPORATION RESOURCES OF SASKATCHEWAN CORPORATION Financial Statements INDEPENDENT AUDITOR'S REPORT To the Members of Chartered Professionals in Human Resources of Saskatchewan Corporation We have audited the accompanying

More information

AUTISM SOCIETY OF NEWFOUNDLAND AND LABRADOR INC. Financial Statements Year Ended March 31, 2017

AUTISM SOCIETY OF NEWFOUNDLAND AND LABRADOR INC. Financial Statements Year Ended March 31, 2017 Financial Statements Index to Financial Statements INDEPENDENT AUDITOR'S REPORT 1 Page FINANCIAL STATEMENTS Statement of Financial Position 2 Statement of Changes in Net Assets 3 Statement of Revenues

More information

Consolidated financial statements. United Way of Halifax Region. December 31, 2017

Consolidated financial statements. United Way of Halifax Region. December 31, 2017 Consolidated financial statements United Way of Halifax Region December 31, 2017 Contents Page Independent auditor s report 1-2 Consolidated statement of revenue and expenses 3 Consolidated balance sheet

More information

NOVA SCOTIA COMMUNITY COLLEGE

NOVA SCOTIA COMMUNITY COLLEGE Financial Statements of NOVA SCOTIA COMMUNITY COLLEGE Independent Auditor s Report To the Board of Governors of the Nova Scotia Community College Deloitte & Touche LLP 1969 Upper Water Street Suite 1500

More information

OUTWARD BOUND CANADA FINANCIAL STATEMENTS DECEMBER 31, 2015

OUTWARD BOUND CANADA FINANCIAL STATEMENTS DECEMBER 31, 2015 FINANCIAL STATEMENTS DECEMBER 31, 2015 Independent Auditor's Report To the Members of Outward Bound Canada We have audited the accompanying financial statements of Outward Bound Canada, which comprise

More information

Association of Professional Engineers and Geoscientists of Alberta. Financial Statements December 31, 2017 (in thousands of dollars)

Association of Professional Engineers and Geoscientists of Alberta. Financial Statements December 31, 2017 (in thousands of dollars) Association of Professional Engineers and Geoscientists of Alberta Financial Statements March 22, 2018 Independent Auditor s Report To the Members of Association of Professional Engineers and Geoscientists

More information

Financial Statements. December 31, 2015

Financial Statements. December 31, 2015 Financial Statements December 31, 2015 Contents Page Independent Auditor s Report 1-2 Statement of Revenue and Expenses 3 Statement of Changes in Net Assets 4 Statement of Financial Position 5 Statement

More information

CHATS - Community & Home Assistance to Seniors Financial Statements For the year ended March 31, 2015

CHATS - Community & Home Assistance to Seniors Financial Statements For the year ended March 31, 2015 CHATS - Community & Home Assistance to Seniors Financial Statements For the year ended March 31, 2015 Contents Independent Auditor's Report 2 Financial Statements Statement of Financial Position 3 Statement

More information

Financial Statements of CANADIAN VOLLEYBALL ASSOCIATION

Financial Statements of CANADIAN VOLLEYBALL ASSOCIATION Financial Statements of CANADIAN VOLLEYBALL ASSOCIATION Year ended March 31, 2014 KPMG LLP Telephone (613) 212-KPMG (5764) Suite 2000 Fax (613) 212-2896 160 Elgin Street Internet www.kpmg.ca Ottawa, ON

More information

Financial Statements. The Anglican Foundation of Canada December 31, 2015

Financial Statements. The Anglican Foundation of Canada December 31, 2015 Financial Statements The Anglican Foundation of Canada INDEPENDENT AUDITORS REPORT To the Members of The Anglican Foundation of Canada We have audited the accompanying financial statements of The Anglican

More information

Financial Statements of THE KENSINGTON HEALTH CENTRE. December 31, 2017

Financial Statements of THE KENSINGTON HEALTH CENTRE. December 31, 2017 Financial Statements of THE KENSINGTON HEALTH CENTRE INDEPENDENT AUDITORS' REPORT To the Members of THE KENSINGTON HEALTH CENTRE We have audited the accompanying financial statements of The Kensington

More information

Motor Dealer Council of British Columbia (Operating as Motor Vehicle Sales Authority of B.C.) Financial Statements Year ended March 31, 2015

Motor Dealer Council of British Columbia (Operating as Motor Vehicle Sales Authority of B.C.) Financial Statements Year ended March 31, 2015 Motor Dealer Council of British Columbia (Operating as Motor Vehicle Sales Authority of B.C.) Financial Statements Year ended March 31, 2015 Contents Page Independent Auditors' Report Financial Statements

More information

CANADAHELPS CANADON FINANCIAL STATEMENTS YEAR ENDED JUNE 30, 2015

CANADAHELPS CANADON FINANCIAL STATEMENTS YEAR ENDED JUNE 30, 2015 FINANCIAL STATEMENTS Independent Auditor's Report Page 1 Statement of Financial Position 2 Statement of Operations 3 Statement of Changes in Net Assets 4 Statement of Cash Flows 5 Notes to the Financial

More information

FRIENDS OF SASKATCHEWAN CHILDREN INC. FINANCIAL STATEMENTS

FRIENDS OF SASKATCHEWAN CHILDREN INC. FINANCIAL STATEMENTS FRIENDS OF SASKATCHEWAN CHILDREN INC. FINANCIAL STATEMENTS December 31, 2013 Deloitte LLP 122 1st Ave. S. Suite 400, PCS Tower Saskatoon SK S7K 7E5 Canada Tel: 306-343-4400 Fax: 306-343-4480 www.deloitte.ca

More information

THE STRATFORD SHAKESPEAREAN FESTIVAL of CANADA CONSOLIDATED FINANCIAL STATEMENTS. December

THE STRATFORD SHAKESPEAREAN FESTIVAL of CANADA CONSOLIDATED FINANCIAL STATEMENTS. December THE STRATFORD SHAKESPEAREAN FESTIVAL of CANADA CONSOLIDATED FINANCIAL STATEMENTS Independent Auditors' Report To the Members of The Stratford Shakespearean Festival of Canada: We have audited the accompanying

More information

The Institute of Chartered Accountants of Manitoba Consolidated Financial Statements August 31, 2015

The Institute of Chartered Accountants of Manitoba Consolidated Financial Statements August 31, 2015 Consolidated Financial Statements August 31, Contents Page Independent Auditors' Report 1 Consolidated Statement of Financial Position 2 Consolidated Statement of Operations 3 Consolidated Statement of

More information

MACKENZIE ART GALLERY INCORPORATED. Financial Statements. March 31, 2016

MACKENZIE ART GALLERY INCORPORATED. Financial Statements. March 31, 2016 MACKENZIE ART GALLERY INCORPORATED Financial Statements March 31, 2016 Deloitte LLP 2103-11th Avenue Mezzanine Level Bank of Montreal Building Regina SK S4P 3Z8 Canada Tel: 306-565-5200 Fax: 306-757-4753

More information

NORTHERN COLLEGE OF APPLIED ARTS AND TECHNOLOGY

NORTHERN COLLEGE OF APPLIED ARTS AND TECHNOLOGY Financial Statements of NORTHERN COLLEGE OF APPLIED ARTS AUDITORS' REPORT To the Governors of Northern College of Applied Arts and Technology We have audited the following statements of Northern College

More information

FONDATION HOPITAL MONTFORT FINANCIAL STATEMENTS MARCH 31, 2013 AND 2012

FONDATION HOPITAL MONTFORT FINANCIAL STATEMENTS MARCH 31, 2013 AND 2012 FINANCIAL STATEMENTS MARCH 31, 2013 AND 2012 TABLE OF CONTENTS PAGE Independent Auditor s Report 1 Financial Statements Statements of Operations Statements of Changes in Fund Balances Statements of Financial

More information

THE CANADIAN NATIONAL INSTITUTE FOR THE BLIND

THE CANADIAN NATIONAL INSTITUTE FOR THE BLIND Financial Statements of THE CANADIAN NATIONAL INSTITUTE FOR THE BLIND KPMG LLP Chartered Accountants Yonge Corporate Centre 4100 Yonge Street Suite 200 Toronto ON M2P 2H3 Canada Telephone (416) 228-7000

More information

Heart and Stroke Foundation of Canada. Consolidated Financial Statements August 31, 2015

Heart and Stroke Foundation of Canada. Consolidated Financial Statements August 31, 2015 Heart and Stroke Foundation of Canada Consolidated Financial Statements January 8, 2016 Independent Auditor s Report To the Directors of Heart and Stroke Foundation of Canada We have audited the accompanying

More information

The Humber College Institute of Technology and Advanced Learning

The Humber College Institute of Technology and Advanced Learning CONSOLIDATED FINANCIAL STATEMENTS The Humber College Institute of Technology and Advanced Learning March 31, 2017 TABLE OF CONTENTS Consolidated Financial Statements Management s Responsibility for Financial

More information

Financial Statements. St. John Council for Ontario December 31, 2013

Financial Statements. St. John Council for Ontario December 31, 2013 Financial Statements St. John Council for Ontario INDEPENDENT AUDITORS' REPORT To the Members of St. John Council for Ontario REPORT ON THE FINANCIAL STATEMENTS We have audited the accompanying financial

More information

Financial statements. Covenant House Toronto June 30, 2016

Financial statements. Covenant House Toronto June 30, 2016 Financial statements Covenant House Toronto Independent auditors report To the Board of Directors of Covenant House Toronto Report on the financial statements We have audited the accompanying financial

More information

CANADIAN WATER AND WASTEWATER ASSOCIATION

CANADIAN WATER AND WASTEWATER ASSOCIATION Financial Statements of CANADIAN WATER AND WASTEWATER ASSOCIATION December 31, 2017 June 4, 2018 INDEPENDENT AUDITORS' REPORT To the Members of Canadian Water and Wastewater Association: We have audited

More information