Eating Disorders Queensland 18/19 Annual Report

Page 6

Treasurer’s Report

The statement of Comprehensive Income for Eating Disorders Qld Limited (EDQ) shows a profit of $172,004. This profit is due to the consolidation of the Eating Issues Centre and Eating Disorders Qld in December 2018. The consolidation resulted in a gift being transferred from the Eating Issues Centre to Eating Disorders Qld in the amount of $176,198. Without the donation EDQ would have recorded a loss of $4,194. This was due to a depreciation write off as well as a slight increase in sundry expenses, specifically IT and compliance expenses resulting from the merger and accreditation.

Our Assets and Liabilites

Current Liabilities $202,723 31%

Current Asset

FY18

$331,075

50%

Net Assets

$131,109

20%

Net Assets

$303,113

31%

Current Asset

FY19

$495,936

50%

Current Liabilities $192,823 19%

6

Eating Disorders Queensland


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