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Financial Report 2023.pdf

6523aad6ee9ea0be63e21699_SCA Financial Report 2023.pdf
Preview of Financial Report 2023
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📊 Size: 911 KB
📄 Pages: 8 pages
⬇️ Downloads: 33

Summary

Speedcubing Australia Inc. maintained a strong financial position, organizing 83 competitions, including Australian Nationals 2022 and Rubik's WCA Oceanic Championship 2022. The cash position remained strong but reduced due to expenses related to these events. The Association made a loss of $17,218, expected due to budgeted losses and revenue recognition in the previous year. Revenue diversified with increased merchandise, sponsorship, and government grant income, while expenses increased due to more competitions. The retained earnings balance allows the Association to continue developing cubing in Australia.

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Speedcubing Australia Inc.

Technical Information

  • File Format: PDF
  • File Size: 911 KB
  • Pages: 8
  • Language: EN
  • Total Downloads: 33
  • Last Updated: 1 week ago

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