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Financial Statements

Audited financial statements


Statement of profit or loss and other comprehensive income for the financial year ended 30 June 2026

2026 ($) 2025 ($)
Revenue
Rendering of services 78,890,025 74,292,842
Other income 3,890,638 4,439,710
Total 82,780,663 78,732,552
Expenses
Service delivery expenses 64,256,826 60,380,612
Employee benefit expenses 14,919,167 14,355,664
Depreciation and amortisation expenses 595,878 519,485
Finance costs 21,821 35,715
Other expenses 2,862,484 2,916,333
Total 82,656,176 78,207,809
Surplus before income tax 124,487 524,743
Income tax expense - -
Net Surplus for the year 124,487 524,743
Other comprehensive income - -
Total comprehensive income for the year 124,487 524,743

Statement of financial position at 30 June 2026

2026 ($) 2025 ($)
ASSETS
Current Assets
Cash and cash equivalents 5,133,121 9,373,700
Investments 15,044,236 20,000,000
Trade and other receivables 3,263,301 1,048,387
Other assets 1,120,020 788,224
Total Current Assets 24,560,678 31,210,311
Non-Current Asset
Property, plant and equipment 1,744,993 372,410
Intangible assets 868,337 468,681
Right of use assets 2,930,581 289,562
Total Non-Current Assets 5,543,911 1,130,653
TOTAL ASSETS 30,104,589 32,340,964
2026 ($) 2025 ($)
LIABILITIES
Current Liabilities
Trade and other payables 8,213,821 10,440,027
Lease liabilities 196,241 482,568
Contract liabilities 13,296,435 16,009,394
Provisions 1,151,596 1,072,568
Total Current Liabilities 22,858,093 28,004,557
Non-Current Liabilities
Lease liabilities 2,734,340 -
Provisions 152,050 100,788
Total Non-Current Liabilities 2,886,390 100,788
TOTAL LIABILITIES 25,744,483 28,105,345
NET ASSETS 4,360,106 4,235,619
Members Funds
Accumulated Surplus 4,360,106 4,235,619
TOTAL MEMBERS FUNDS 4,360,106 4,235,619