Roblin Golf & Country Club (1978) Ltd.
Comparative Balance Sheet
ASSETS
As at 11/13/2009
As at 11/13/2008
CURRENT ASSETS
Cash on Hand & Floats
0.00
305.00
Roblin Credit Union 111229
-26,247.90
3,066.97
Roblin Credit Union Saving
101.62
101.46
Royal Bank: 119 615 3
0.00
0.00
Gift Certificates
-213.00
0.00
Accounts Receivable
135.40
135.40
Accounts Receivable - other
309.51
357.59
Corporate Taxes Receivable
139.89
41.12
Goods and Services Tax Receivable
194.32
0.00
Inventory
4,839.39
4,052.29
Prepaid Expenses
3,631.44
6,749.22
Prepaid Insurance
1,908.87
________________________
0.00
________________________
TOTAL CURRENT ASSETS
-15,200.46
________________________
14,809.05
________________________
Long Term Investments
Parkway Co-op Equity
1,458.90
-190.37
Credit Union Member Share
25.00
25.00
Credit Union Equity
1,220.29
________________________
996.46
________________________
Total Long Term Investments
2,704.19
________________________
831.09
________________________
FIXED ASSETS
Land & Course
114,083.33
114,083.33
Grass Greens
53,772.24
53,772.24
Buildings
104,901.90
104,901.90
Acc. Depreciation - Buildings
-46,971.16
________________________
-43,962.25
________________________
Buildings - Net
57,930.74
60,939.65
Equipment
311,635.93
312,391.81
Acc. Depreciation - Equipment
-179,110.41
________________________
-156,829.83
________________________
Equipment - Net
132,525.52
155,561.98
Computer Equipment
1,289.35
1,022.92
Acc. Depreciation - Computer Equip
-551.56
________________________
-286.42
________________________
Computer Equipment - Net
737.79
736.50
Wells & Irrigation
172,232.83
172,232.83
Acc. Depreciation - Wells & Irr.
-83,157.11
________________________
-75,579.49
________________________
Wells & Irrigation - Net
89,075.72
96,653.34
Cart Sheds
40,280.57
40,280.39
Acc. Depreciation - Cart Sheds
-9,835.85
________________________
-8,318.78
________________________
Cart Sheds - Net
30,444.72
31,961.61
Vehicles
0.00
0.00
Acc. Depreciation - Vehicles
0.00
________________________
0.00
________________________
Vehicles - Net
0.00
________________________
0.00
________________________
TOTAL FIXED ASSETS
478,570.06
________________________
513,708.65
________________________
TOTAL ASSETS
466,073.79
529,348.79
========================
========================
LIABILITIES
CURRENT LIABILITIES
Accounts Payable
0.00
-23.60
Accrued Liabilities
2,140.00
1,658.50
Vacation Payable
175.85
175.85
PST Charged
393.75
-36.86
PST Paid
-0.85
________________________
-133.62
________________________
PST Payable
392.90
-170.48
GST Charged
436.59
4,348.87
GST Paid Out
-1,178.53
________________________
-4,834.04
________________________
GST Owing (Refund)
-741.94
-485.17
UI Payable
495.37
0.00
CPP Payable
947.98
0.00
Income Tax Payable
2,155.08
________________________
-161.60
________________________
Receiver General Payable
3,598.43
________________________
-161.60
________________________
TOTAL CURRENT LIABILITIES
5,565.24
________________________
993.50
________________________
LONG TERM LIABILITIES
Prepaid Rent: Cart Shed
6,110.00
7,550.00
Bank Mortgage Loan (018)
0.00
0.00
Equipment & Patio Loan (022)
0.00
42,500.00
Equipment Loan
0.00
-2,784.12
Accrued Interest Payable
1,184.02
2,638.17
Credit Union Loan#1
32,132.31
39,406.26
Credit Union Loan#2
0.00
0.00
Credit Union Loan#4
40,860.89
0.00
Credit Union Loan #5
0.00
________________________
15,000.00
________________________
TOTAL LONG TERM LIABILITIES
80,287.22
________________________
104,310.31
________________________
TOTAL LIABILITIES
85,852.46
105,303.81
________________________
________________________
EQUITY
SHAREHOLDER'S EQUITY
Retained Earnings
5,526.89
5,526.89
Current Earnings
-1,582.93
-8,196.79
Invested on Capital Assets
375,655.04
375,091.55
Unrestricted
622.33
________________________
51,623.33
________________________
TOTAL EQUITY
380,221.33
________________________
424,044.98
________________________
TOTAL EQUITY
380,221.33
424,044.98
________________________
________________________
LIABILITIES AND EQUITY
466,073.79
529,348.79
========================
========================
Generated On: 11/20/2009