STATEMENT OF RECEIPTS AND PAYMENTS for the year ended 31 December 2008

STATEMENT OF RECEIPTS AND PAYMENTS for the year ended 31 December 2008 ACTUAL ACTUAL BUDGET OPERATING RECEIPTS 2007 2008 2009 TOTAL TOTAL TOTAL L1 L2 Item No. $ $ $ (not audited) Offertories & Donations 4-1000 Congregation offerings 4-1100 Donations for the parish (excl. buildings) 4-1200 Gifts specifically designated for buildings # E 4-1300 Other building related receipts (maintenance) 4-1400 Received for Others 4-2000 Donations designated for any organisation outside the parish Other (visiting speakers, testamonials) E 4-2100 4-2200 Grants 4-4000 Anglicare E 4-4100 Regional Council E 4-4200 Other Diocesan organisations E 4-4300 Government department/instrumentality E 4-4400 Finance Income 4-5000 Bank Interest 4-5100 Investment Income 4-5200 Other Income 4-6000 Insurance claims received E 4-6100 LSL - parish portion of Diocesan payment 4-6200 Sundry receipts 4-6600 Trading Activities - excess 4-7100 excess from Fundraising Events 4-7110 excess from Ministry Activities 4-7130 excess from Property Rented or Leased 4-7120 Receipts from within the E 4-8000 from other es or Funds 4-8100 for donations to missions 4-8200 SUB-TOTAL OPERATING RECEIPTS The attached Notes form part of these Financial Statements. # This account is only to be used for any gift received which is specifically designated for the purpose of - (i) the purchase of land, (ii) the purchase, construction or renovation of buildings, fixtures or fittings situated on church trust property held for the purposes of the parish, or (iii) the reduction of debt undertaken for the purposes of (i) or (ii). The calculation of 'Net Operating Receipts' is defined in the Cost Recoveries Framework Ordinance 2008 as - Gross Operating Receipts (ie. SUB-TOTAL OPERATING RECEIPTS - see above) = less exclusions (the 8 line items marked with an "E" in Operating Receipts - see above) = less deductions (the 2 line items marked with an "D" in Operating Payments - see page 2) = = 'Net Operating Receipts' (used to calculate the variable PCR charge) = page 1 of 8

STATEMENT OF RECEIPTS AND PAYMENTS for the year ended 31 December 2008 (continued) ACTUAL ACTUAL BUDGET OPERATING PAYMENTS 2007 2008 2009 TOTAL TOTAL TOTAL L1 L2 Item No. $ $ $ (not audited) Ministry Staffing Stipends, Salaries, Allowances, MEA entitlements 6-1100 Superannuation (excluding component in PCR) 6-1200 Cost Recoveries 6-1990 Resources for Ministry 6-2000 Ministry 6-2100 services 6-2200 Donations 6-2300 To Christian organisations outside the parish from general parish funds Passing on donations designated for D 6-2310 organisations outside the parish 6-2320 To another from general parish funds D 6-2330 Gifts & Testimonials 6-2340 Hospitality 6-2350 Poor Relief 6-2360 Administration 6-3000 Salaries and superannuation of administrative staff 6-3600 Office Expenses 6-3100 Consumables 6-4000 Professional Services 6-5000 Advertising 6-5700 Property & Motor Vehicle Expenses 6-6000 Utilities (council rates, electricity, gas, water, etc) 6-6100 Repairs & Maintenance 6-6200 Improvement Projects 6-6300 Lease/Rent for Assistant Minister(s) residence 6-6500 Motor Vehicle expenses 6-6600 Other Expenses 6-8000 Trading Activities - deficiency 6-8300 deficiency from Fundraising Events 6-8310 deficiency from Ministry Activities 6-8330 deficiency from Property Rented or Leased 6-8320 Payments within the 6-8900 to other es or Funds 6-8910 SUB-TOTAL OPERATING PAYMENTS OPERATING SURPLUS / (DEFICIT) (OPERATING RECEIPTS less OPERATING PAYMENTS) The attached Notes form part of these Financial Statements. page 2 of 8

STATEMENT OF RECEIPTS AND PAYMENTS for the year ended 31 December 2008 (continued) ACTUAL ACTUAL BUDGET OTHER RECEIPTS AND PAYMENTS * 2007 2008 2009 TOTAL TOTAL TOTAL L1 L2 Item No. $ $ $ (not audited) ADD Redemption of Investments 5-1000 Glebe Administration Board 5-1100 Bank Term Deposits 5-1200 Proceeds from Sale of Assets 5-2000 Building Contents, Furniture & Equipment 5-2900 Buildings 5-2200 Land 5-2100 New/Additional Borrowings 5-3000 New endowment gifts / capital (where the capital is to be held for the benefit of the parish) 5-4000 LESS New/Additional Investments 7-1000 Glebe Administration Board 7-1100 Bank Term Deposits 7-1200 Purchase of Assets 7-2000 Building Contents, Furniture & Equipment 7-2900 Buildings 7-2200 Land 7-2100 Repayment of Borrowings 7-3000 OVERALL EXCESS/(DEFICIENCY) OF RECEIPTS OVER PAYMENTS BALANCE (OVERDRAWN) AT 1 JANUARY BALANCE (OVERDRAWN) AT 31 DECEMBER Note * If the church/parish uses a double-entry accounting system (such as the MYOB-based SAPAS package) the receipts and payments affecting all these assets and liabilities should be recorded directly against the relevant asset or liability. If that is the case the whole of this Other Receipts and Payments section should be left blank. The attached Notes form part of these Financial Statements. page 3 of 8

TRADING ACTIVITIES included in the General Fund ACTUAL ACTUAL BUDGET 2007 2008 2009 TOTAL TOTAL TOTAL L1 L2 Item No. $ $ $ (not audited) RECEIPTS Fundraising Event income 8-1000 Ticket sales 8-1120 Gross Takings 8-1110 Ministry Activity income 8-2000 Gross Takings 8-2110 Property Income 8-4000 Lease Rentals 8-4110 Licenced Use Fees 8-4120 Casual Booking Fees 8-4130 TOTAL RECEIPTS PAYMENTS Fundraising Event expenses 9-1000 Supplies 9-1110 Equipment hire 9-1130 Ministry Activity expenses 9-2000 Supplies 9-2110 Property Expenses 9-4000 Utilities (council rates, electricity, gas, water, etc) 9-4100 Maintenance & Repairs 9-4200 Improvement Projects 9-4300 Agency Management Fees 9-4400 TOTAL EXPENSES EXCESS transferred to General Fund - Receipts 9-4999 DEFICIENCY transferred to General Funds - Payments 8-4999 page 4 of 8

STATEMENT OF ASSETS AND LIABILITIES as at 31 December 2008 2007 2008 TOTAL TOTAL L1 L2 Item No. $ $ ASSETS Cash Assets 1-1000 Bank Accounts 1-1100 Ministerial Expense Accounts 1-1150 Petty Cash Floats 1-1170 Trust Accounts 1-1200 Debtors 1-1800 Other Assets 1-4000 Investments 1-3000 Glebe Administration Board 1-3100 Bank Term Deposits 1-3200 Building Contents, Furniture & Equipment 1-2900 1-2910 Rectory 1-2920 Hall 1-2930 Buildings 1-2200 1-2210 Rectory 1-2220 Hall 1-2230 Land 1-2100 1-2110 Rectory 1-2120 Hall 1-2130 TOTAL ASSETS LIABILITIES Payables 2-1100 Creditors 2-1110 Deposits Held 2-1120 Funds Held for On-payment 2-1130 Accruals 2-1150 Owed to Ministers re MEA balances 2-1160 Employee liabilities 2-1200 Taxes Summary 2-1300 GST Collected 2-1310 GST Paid to Suppliers 2-1320 PAYG Payable 2-1380 Loans 2-2000 Bank Loans 2-2100 ioners' Loans 2-2200 Finance & Loans Board Loans 2-2300 Provision Funds 2-3000 Building Fund 2-3100 Missions Fund 2-3200 Organ Fund 2-3300 Technology Fund 2-3400 TOTAL LIABILITIES OVERALL EXCESS OF ASSETS OVER LIABILITIES page 5 of 8

The attached Notes form part of these Financial Statements. page 6 of 8

NOTES TO THE PRESCRIBED FINANCIAL STATEMENTS for the year ended 31 December 2008 STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES The significant policies which have been adopted in the preparation of the Prescribed Financial Statements (the Financial Statements) which comprise the Statement of Receipts and Payments and the Statement of Assets and Liabilities are: (a) Basis of Preparation The Financial Statements have been drawn up as a special purpose financial report for distribution to the parishioners of the of The wardens of the parish have applied the following accounting policies in the preparation of the Financial Statements (i) The Financial Statements have been prepared on the cash basis of accounting using the historical cost convention and going concern assumption. OR (i) The Financial Statements have been prepared on an accrual basis of accounting using the historical cost convention and going concern assumption, except as affected by policies below. (ii) Other Accounting Standards and mandatory professional reporting requirements in Australia have not been applied except as stated below. Except where stated the Financial Statements do not take into account changing money values or fair values of assets. (iii) These accounting policies have been consistently applied and, except where there is a change in accounting policy, are consistent with those of the previous year. The Financial Statements have been prepared based on the underlying accounting records of the. (b) Revenue Recognition Cash amounts received are recognised at fair value of the consideration received net of the amount of goods and services tax (GST) payable to the Australian Tax Office. Exchanges of goods or services of the same nature and value without any cash consideration are not recognised as revenues. Interest revenue is recognised when it is received. (c) Property and Equipment Building contents, furniture and equipment are stated at replacement value for insurance purposes. Land is shown at Valuer General s valuation. Other assets are shown at historic cost. (d) Employee Benefits Liabilities for employee benefits in relation to wages, salaries, annual leave and sick leave represent present obligations resulting from employees services to year end. They are calculated at undiscounted amounts based on remuneration wage and salary rates applicable at year end and include allowance for related on-costs, such as workers compensation insurance and payroll tax. (e) Income tax In accordance with Division 50 of the Income Tax Assessment Act 1997, the is exempt from income tax. (f) Goods and services tax Revenues, expenses and assets are recognised net of the amount of goods and services tax (GST) except where the amount of GST incurred is not recoverable from the Australian Tax Office. In these circumstances the GST is recognised as part of the cost of acquisition of the asset or as part of the expense. page 7 of 8

Wardens and Treasurer's Report to the ioners for the year ended 31 December 2008 In our opinion, the financial statements of for the year ended 31 December 2008 have been (a) properly drawn up so as to give a true and fair view of the receipts and payments during the year and the assets and liabilities at the end of the year, and (b) comply with the provisions of the Administration Ordinance 2008. Signature Warden's name (print).. Signature Warden's name (print).. Signature Warden's name (print).. Signature Treasurer's name (print).. Date Auditor's Report to the Annual General Meeting of ioners I have examined the books and records of the wardens of for the year ended 31 December 2008. Scope Pursuant to the Administration Ordinance 2008, the wardens are responsible for the preparation of the financial statements in the format last prescribed by Standing Committee and have determined that the accounting policies used are appropriate to meet those requirements. I have conducted an independent audit of the financial statements in order to express an opinion to the annual general meeting of parishioners on the preparation and presentation of those financial statements. No opinion is expressed as to whether the accounting policies used are appropriate. I disclaim any assumption of responsibility for any reliance on this report or on the financial statements to which it relates to any person other than the parishioners of the parish, or for any purpose other than that for which it was prepared. My procedures included examination, on a test basis, of evidence supporting the amounts in the financial statements, examination of statements or other documents supporting amounts of bank accounts and other investments and borrowings and the evaluation of significant accounting estimates. These procedures have been undertaken to form an opinion whether, in all material respects, the financial statements presents fairly in accordance with the accounting policies set out in the notes to the financial statements, so as to present a view which is consistent with my understanding of the requirements of the Administration Ordinance, including the format of reporting required pursuant to that ordinance. The audit opinion expressed in this report has been formed on the above basis. Audit Opinion In my opinion the financial statements (a) have been properly drawn up so as give a true and fair view of the receipts and payments during the year and the assets and liabilities at the end of the year, and (b) comply with the provisions of the Administration Ordinance 2008. Signature Name (print).. Qualification (if applicable). Address.. Date Phone (w) page 8 of 8