THE FRATERNAL ORDER OF EAGLES - PHILIPPINE EAGLES (TFOE-PE)

Western Mindanao Region - VI (WMR-VI)

Liloy Bay View Eagles Club
Liloy, Zamboanga del Norte

FINANCIAL STATEMENTS
As of January 30, 2019

Prepared by:

Eagle EDWIN Z. IGNACIO

Treasurer

Audited by:

Eagle NELSON S. QUIRANTE

Auditor

Approved by:

Eagle ROMEO GLICERIO O. CASTRO, JR.

Club President
 THE FRATERNAL ORDER OF EAGLES - PHILIPPINE EAGLES (TFOE-PE)
Western Mindanao Region - VI (WMR-VI)
Liloy Bay View Eagles Club
Liloy, Zamboanga del Norte

Statement of Financial Position

As of January 30, 2019

ASSETS Notes

Current Assets
Cash in Bank 1 6,248.54
Cash on Hand 3,140.00
Total Cash 9,388.54
Accounts Receivables 2 6,000.00
Total Current Assets 15,388.54

Total Assets 15,388.54

LIABILITIES AND EQUITIES

Current Liabilities
Accounts Payable (Kuya Edwin) 5 2,860.00

Member's Equity
Members' Equity 3 12,528.54
Total Liabilities and Equity 15,388.54

Prepared by: Audited by:

Eagle EDWIN Z. IGNACIO Eagle NELSON S. QUIRANTE

Treasurer Auditor

Approved by:

Eagle ROMEO GLICERIO O. CASTRO, JR.

Club President
 THE FRATERNAL ORDER OF EAGLES - PHILIPPINE EAGLES (TFOE-PE)
Western Mindanao Region - VI (WMR-VI)
Liloy Bay View Eagles Club
Liloy, Zamboanga del Norte

Statement of Financial Performance

For the Month Ended January 30, 2019

Note
Collections 4 P 279,000.00
ASPIRANTS (28 X 5,000) Actual Collections P 134,000.00
REGULAR MEMBERS (29 X 4,000) 116,000.00
ASSESSMENT FEE 13,000.00
IPIL EAGLES CLUB (DONATION) 10,000.00
KUYA BOBOY SORIANO (DONATION) 5,000.00
C/O KUYA JUN 1,000.00
Gross Income 279,000.00
Less: Operating Expenses
ID (57X1,900) P 108,300.00
CHARTER GRANT 16,000.00
T-SHIRT (57 X 650) 37,050.00
CATERING 47,000.00
GASOLINE (IPIL) 500.00
MEAL WITH KUYAS AND GOV. 906.00
GARLAN (20 X 40) 800.00
MUG SOUVENIR (57 X100) 5,700.00
C/O KUYA JUN (DUES) 10,000.00
GYM RENTAL 1,000.00
FRAME 900.00
ICE 200.00
LECHON 4,000.00
HOTEL ACCOMMODATION 4,000.00
SOUNDS 5,000.00
BAND 5,000.00
BEVERAGES WITH ICE 20,277.00
TARPAULIN 1,600.00
PLAQUE( 8X700) 5,600.00
MEALS (AFTER ORIENTATION @ SECOND HOME) 2,027.00 275,860.00
Net Profit P 3,140.00

Prepared by: Audited by:

Eagle EDWIN Z. IGNACIO Eagle NELSON S. QUIRANTE

Treasurer Auditor
Approved by:

Eagle ROMEO GLICERIO O. CASTRO, JR.

Club President
 THE FRATERNAL ORDER OF EAGLES - PHILIPPINE EAGLES (TFOE-PE)
Western Mindanao Region - VI (WMR-VI)
Liloy Bay View Eagles Club
Liloy, Zamboanga del Norte

Statement of Cash Flows

For the Month Ended January 30, 2019

Cash Flows from Operating Activities

Cash Inflows
ASPIRANTS (28 X 5,000) Actual Collections P 134,000.00
REGULAR MEMBERS (29 X 4,000) 116,000.00
ASSESSMENT FEE 13,000.00
IPIL EAGLES CLUB (DONATION) 10,000.00
KUYA BOBOY SORIANO (DONATION) 5,000.00
C/O KUYA JUN 1,000.00
Total Cash Inflows 279,000.00

Cash Outflows
ID (57X1,900) P 108,300.00
CHARTER GRANT 16,000.00
T-SHIRT (57 X 650) 37,050.00
CATERING 47,000.00
GASOLINE (IPIL) 500.00
MEAL WITH KUYAS AND GOV. 906.00
GARLAN (20 X 40) 800.00
MUG SOUVENIR (57 X100) 5,700.00
C/O KUYA JUN (DUES) 10,000.00
GYM RENTAL 1,000.00
FRAME 900.00
ICE 200.00
LECHON 4,000.00
HOTEL ACCOMMODATION 4,000.00
SOUNDS 5,000.00
BAND 5,000.00
BEVERAGES WITH ICE 20,277.00
TARPAULIN 1,600.00
PLAQUE( 8X700) 5,600.00
MEALS (AFTER ORIENTATION @ SECOND HOME) 2,027.00
Total Cash Outflows 275,860.00

Net Cash Flows P 3,140.00

Cash Beginning 6,000.00
Interest Earned 248.54
6,248.54
Cash Ending P 9,388.54
Prepared by: Audited by:

Eagle EDWIN Z. IGNACIO Eagle NELSON S. QUIRANTE

Treasurer Auditor

Approved by:

Eagle ROMEO GLICERIO O. CASTRO, JR.

Club President
 THE FRATERNAL ORDER OF EAGLES - PHILIPPINE EAGLES (TFOE-PE)
Western Mindanao Region - VI (WMR-VI)
Liloy Bay View Eagles Club
Liloy, Zamboanga del Norte

Notes to Financial Statements

As of January 30, 2019

Note 1: Cash
Details for Cash account is shown below:
Pariculars Amount
Cash in Bank P 6,248.54
Cash on Hand 3,140.00
Total P 9,388.54

Note 2: Accounts Receivables

Accounts Receivables is computed as follow:

AR, Beg. P -
Add: Collectibles 6,000.00
Total 6,000.00
Allowance for Doubtful Accounts
Net, Receivables P 6,000.00

Note 3: Member's Equity

Details of this account is computed as follows:

Balance as of January 30, 2019 P 12,528.54

Total P 12,528.54

Note 4: Collections
ASPIRANTS (28 X 5,000) Actual Collections P 134,000.00
REGULAR MEMBERS (29 X 4,000) 116,000.00
ASSESSMENT FEE 13,000.00
IPIL EAGLES CLUB (DONATION) 10,000.00
KUYA BOBOY SORIANO (DONATION) 5,000.00
C/O KUYA JUN 1,000.00
Total P 279,000.00

Note 5: Accounts Payable

Payable to Kuya Edwin P 2,860.00
Total P 2,860.00
ASPIRANTS (28 X 5,000) 140,000.00
REGULAR MEMBERS (29 X 4,000) 116,000.00
ASSESSMENT FEE 13,000.00
IPIL EAGLES CLUB (DONATION) 10,000.00
KUYA BOBOY SORIANO (DONATION) 5,000.00
C/O KUYA JUN 1,000.00
TOTAL »es 285,000.00
ID (57X1,900) 108,300.00
CHARTER GRANT 16,000.00
T-SHIRT (57 X 650) 37,050.00
CATERING 47,000.00
GASOLINE (IPIL) 500.00
MEAL WITH KUYAS AND GOV. 906.00
GARLAN (20 X 40) 800.00
MUG SOUVENIR (57 X100) 5,700.00
C/O KUYA JUN (DUES) 10,000.00
GYM RENTAL 1,000.00
FRAME 900.00
ICE 200.00
LECHON 4,000.00
HOTEL ACCOMMODATION 4,000.00
SOUNDS 5,000.00
BAND 5,000.00
BEVERAGES WITH ICE 20,277.00
TARPAULIN 1,600.00
PLAQUE( 8X700) 5,600.00
MEALS (AFTER ORIENTATION @ SECOND HOME) 2,027.00
TOTAL EXPENSES 275,860.00

ii/int Less: Collectibles

CASH IN BANK P
BANK INTEREST
CASH IN BANK TOTAL
285,000.00

6,000.00
3,140.00
6,000.00
248.54
6,248.54