Northern Cape Arts and Culture Council (NCACC)

Financial Information

FINANCIAL POSITION
All Financial Values: R'000	2024/25	2023/24	2022/23	2021/22	2020/21

AUDIT OUTCOME	Qualified	Qualified	Qualified	Qualified	Disclaimer

Current Assets	559	426	839	1 457	83
Non-Current Assets	13 936	14 899	15 707	12 761	13 889
Total Assets	14 495	15 325	16 546	14 218	13 972
Current Liabilities	3 395	2 223	1 780	336	411
Non-Current Liabilities	-	-	-	-	-
Total Liabilities	3 395	2 223	1 780	336	411
Total Net Assets	11 101	13 102	14 766	13 882	13 561

FINANCIAL PERFORMANCE
Total Revenue	16 752	18 212	17 568	12 419	8 575
Revenue from Exchange Transactions	1 103	666	769	106	81
Revenue from Non-Exchange Transactions	15 649	17 545	16 800	12 313	8 494
Total Expenditure	(18 770)	(19 876)	(16 945)	(12 097)	(14 886)
Employee Related costs	(3 893)	(3 592)	(3 096)	(3 291)	(3 328)
Surplus/(Deficit) for Year	(2 018)	(1 664)	623	321	(6 311)

CASH FLOW
Net Cash Flows from Operating Activities	590	(468)	1 793	1 421	(4 225)
Net Cash Flows from Investing Activities	(105)	(251)	(2 745)	(118)	-
Cash & Cash Equivalents at End of Year	240	5	373	1 326	73

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	-	9 546	2 283	1 341	2 440
Fruitless & Wasteful Expenditure	202	111	53	39	11

HUMAN RESOURCES
Posts Approved	39	39	n/a	n/a	n/a
Posts Filled	22	21	n/a	n/a	n/a

SOURCE	n/a	Annual Report	n/a	n/a	n/a
Note				Above figures were supplied by National Treasury	Above figures were supplied by National Treasury

Annual Reports

Annual Report 2023/24

The information in this directory is compiled from various sources and is subject to continual change. If you notice any errors or omissions, contact us so that we may correct them.