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06 - Boards and Commissions - Reports & Minutes
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06 - Boards and Commissions - Reports & Minutes
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Love Civic Center <br />Statement of Assets, Liabilities and Net Assets <br />Modified Cash Basis <br />March 31, 2019 <br />ASSETS <br />CURRENT ASSETS <br />Love Civic Center <br />$ 245,028.49 <br />Reserved for Construction <br />325,000.00 <br />Returned Checks Receivable <br />250.00 <br />Liberty National Bank CD <br />32,164A9 <br />Due From VCC <br />3,781.03 <br />Total Current Assets <br />606.224.01 <br />Total Assets <br />$ 6064224.01 <br />LIABILITIES AND NET ASSETS <br />CURRENT LIABILITIES <br />Due to COC <br />$ 74.00 <br />Payroll Liabilities <br />1,073.44 <br />GBB Renovation Loan <br />44,092.21 <br />LNB Renovation Loan <br />. ......... IT44 307.04 <br />Total Current Liabilities <br />89,546.69 <br />NET ASSETS <br />Retained Earnings <br />417,525.43 <br />Net Income <br />_ 99151.89 <br />Total Net Assets <br />516,677.32 <br />Total Liabilities and Net Assets <br />$ 606,224.01 <br />Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued <br />by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the income tax basis of <br />accounting are omitted and no assurance is provided <br />
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