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PEACE ARCH COMMUNITY SERVICES FOUNDATION
BALANCE SHEET
MARCH 31, 2015 AND 2014
2015
2014
ASSETS
CURRENT ASSETS:
Cash and cash equivalents
$ 26,740 $ 303,051
Accounts receivable (Note 3)
604,967
13,563
GST recoverable
214
120
Total current assets
631,921
316,734
INVESTMENTS (Note 4)
462,375
426,035
$ 1,094,296 $ 742,769
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES:
Accounts payable and accrued liabilities (Note 3)
$
3,031 $ 283,845
Unearned revenue
25,863
-
Total liabilities
28,894
283,845
UNRESTRICTED NET ASSETS
1,065,402
458,924
$ 1,094,296 $ 742,769
The accompanying Notes are an integral part of this statement.