Page 92 - HKCAAVQ AR 2018-19

ৌਕًرڌ
Statement of Financial Position
At 31 March 2019

Financial Report ৌਕజѓ ׵ɚཧɓɘϋɧ˜ɧɤɓ˚

Statement of Financial Position
ৌਕًرڌ

At 31 March 2019 ׵ɚཧɓɘϋɧ˜ɧɤɓ˚

NOTES ڝൗ 2019 2018
HK$ ಥ࿆ HK$ ಥ࿆
Non-current assets ڢݴਗ༟ପ
Fixed assets ո֛༟ପ 10 8,006,157 9,272,485
Investments ҳ༟ 11 39,995,060 26,068,517
Deposits paid for fixed assets ո֛༟ପܲږ 12 – 479,820
48,001,217 35,820,822
Current assets ݴਗ༟ପ
Accounts and other receivables ᏐϗሪಛձՉ˼Ꮠϗಛ 12 10,907,485 15,711,450
Contract assets Υߒ༟ପ 13 519,244 –
Bank deposits and cash ვБπಛʿତږ 14 72,094,135 68,226,127

83,520,864 83,937,577
Current liabilities ݴਗࠋව
Deferred government grants ჈ִַ݁໾п 15 2,617,111 2,858,087
Deferred revenue ჈ַϗɝ 16 – 18,516,420
Contract liabilities Υߒࠋව 17 15,771,425 –
Other payables and accruals Չ˼Ꮠ˹ሪಛʿᏐࠇ൬͜ 4,869,673 4,317,240
Provision for staff gratuities ࡰʈߒတཇږ๟௪ 18 4,785,073 2,484,951
28,043,282 28,176,698
Net current assets ݴਗ༟ପଋ࠽ 55,477,582 55,760,879

Total assets less current liabilities ༟ପᐼ࠽ಯݴਗࠋව 103,478,799 91,581,701
Reserves Ꮇ௪ 19
Accumulated surpluses ଢ଼ࠇޮቱ 97,651,587 78,975,124
Investment revaluation reserve ҳ༟ࠠПᎷ௪ – 4,112,510

Total reserves Ꮇ௪ᐼᕘ 97,651,587 83,087,634
Non-current liabilities ڢݴਗࠋව
Deferred government grants ჈ִַ݁໾п 15 3,746,503 5,775,222
Provision for staff gratuities ࡰʈߒတཇږ๟௪ 18 2,080,709 2,718,845
5,827,212 8,494,067
103,478,799 91,581,701

The financial statements on pages 91 to 160 were approved and ͉҅ҭࡘԨબᛆ̊༱׵ୋ91Ї160ࠫʘ
authorised for issue by the Council members and are signed on its ৌਕజڌdԨ͟ɨΐɛɻ˾ڌᖦ໇j
behalf by:

Chairman Executive Director
˴ࢩ ᐼ฀ԫ

92 Hong Kong Council for Accreditation of Academic and Vocational Qualifications
࠰ಥኪஔʿᔖุ༟ዝ൙ᄲ҅