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PEACE ARCH COMMUNITY SERVICES FOUNDATION
BALANCE SHEET
MARCH 31, 2014 AND 2013
2014
2013
ASSETS
CURRENT ASSETS:
Cash and cash equivalents
$ 303,051 $ 639,480
Accounts receivable
13,563
10,400
GST recoverable
120
1,900
Total current assets
316,734
651,780
INVESTMENTS, at market value (Note 3)
426,035
364,131
$ 742,769 $ 1,015,911
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES:
Accounts payable and accrued liabilities (Note 4)
$ 283,845 $ 608,522
UNRESTRICTED NET ASSETS
458,924
407,389
$ 742,769 $ 1,015,911
The accompanying Notes are an integral part of this statement.