CTFA Annual Report 2019

NOTES TO THE FINANCIAL STATEMENTS 4.2 Balances at year end and movements for the year Fixtures and Fittings Office Equipment Computer Equipment Total Reconciliation for the year ended 31 December 2019 Balance at 1 January 2019 At cost 234,834 10,482 127,499 372,815 Accumulated depreciation (12,974) (6,769) (78,131) (97,874) Net book value 221,860 3,713 49,368 274,941 Movements for the year ended 31 December 2019 Additions - 8,280 - 8,280 Depreciation (39,147) (1,580) (21,746) (62,473) Property, plant and equipment at end of year 182,713 10,413 27,622 220,748 Closing balance at 31 December 2019 At cost 234,834 18,762 127,499 381,095 Accumulated depreciation (52,121) (8,349) (99,877) (160,347) Net book value 182,713 10,413 27,622 220,748 Fixtures and Fittings Office Equipment Computer Equipment Total Reconciliation for the year ended 31 December 2018 Balance at 1 January 2018 At cost 53,010 21,836 108,895 183,741 Accumulated depreciation (31,234) (9,800) (65,117) (106,151) Net book value 21,776 12,036 43,778 77,590 Movements for the year ended 31 December 2018 Additions 230,782 - 28,604 259,386 Depreciation (15,660) (2,035) (23,014) (40,709) Disposals (15,038) (6,288) - (21,326) Property, plant and equipment at end of year 221,860 3,713 49,368 274,941 Closing balance at 31 December 2018 At cost 234,834 10,482 127,499 372,815 Accumulated depreciation (12,974) (6,769) (78,131) (97,874) Net book value 221,860 3,713 49,368 274,941 FIGURES IN R COSMETIC TOILETRY AND FRAGRANCE ASSOCIATION OF SOUTH AFRICA 36