Hong Kong University of Science & Technology Students’ Union Accountancy Report

For the 23rd (15-16) and the 22nd (14-15) Sessions

Hong Kong University of Science & Technology Students’ Union Accountancy Report

For the 23rd (15-16) and the 22nd (14-15) Sessions

CONTENTS PAGES

CURRENT FUND 1 - 2

CAPITAL FUND 3 - 4

UNION SUBSIDY 5 - 7

UNION COUNCIL 8 - 10

COURT 11 – 13

EDITORIAL BOARD 14 – 16

EXECUTIVE COMMITTEE 17 – 21

PRINT SHOP 22 – 24

CO-OP SHOP 25 – 27

1

Hong Kong University of Science & Technology Students’ Union Current Fund - Statement of comprehensive income For the 23rd (15-16) and the 22nd (14-15) Sessions

Feb15-Jan16 Feb14-Jan15 HK$ HK$ Revenues

Membership subscription revenues 1,150,780 1,194,750 Vending machine revenues 142,395 130,664 Interest income 2,289 1,549

Total Revenues 1,295,464 1,326,963 Expenses Bank charges 1,200 1,200

Subsidy to Council 48,171 51,410 Subsidy to Court 68,660 2,282 Subsidy to Editorial Board 218,128 207,901 Subsidy to Executive Committee 618,520 534,836

Total Expenses 954,679 797,629 Surplus for the year 340,785 529,334

2

Hong Kong University of Science & Technology Students’ Union Current Fund – Statement of financial position

As at 31 January 2016 and 31 January 2015 2016 2015 HK$ HK$ Current Assets

Cash 4,426,480 4,218,689 Accounts receivable 76 - Amounts due from Capital fund 3,557,411 2,603,860 Amounts due from Union Council 12,094 59,263 Amounts due from Court 136,950 55,610 Amounts due from Editorial Board - 14,343 Amounts due from Print Shop 288,388 997,828

Total Current Assets 8,421,399 7,949,593 Current Liabilities

Amounts due to Union Subsidy 999,124 904,037 Amounts due to Editorial Board 3,785 - Amounts due to Executive Committee 96,083 3,451 Amounts due to Co-Op Shop 218,729 279,212

Total Current Liabilities 1,317,721 1,186,700 NET ASSETS 7,103,678 6,762,893 Represented by: Accumulated Fund, as at 1 Feb 6,762,893 6,233,559 Surplus for the year 340,785 529,334 Accumulated Fund, as at 31 Jan 7,103,678 6,762,893

3

Hong Kong University of Science & Technology Students’ Union Capital Fund – Statement of comprehensive income For the 23rd (15-16) and the 22nd (14-15) Sessions

Feb15-Jan16 Feb14-Jan15 HK$ HK$ Revenues

Entrance subscription revenue - -

Total Revenues - - Expenses

Subsidy to Council 3,648 - Subsidy to Court - - Subsidy to Print Shop 948,000 11,348 Subsidy to Executive Committee - 48,000 Subsidy to Editorial Board - 15,640

Total Expenses 951,648 74,988 Deficit for the year (951,648) (74,988)

4

Hong Kong University of Science & Technology Students’ Union Capital Fund – Statement of financial position

As at 31 January 2016 and 31 January 2015 2016 2015 HK$ HK$ Current Assets

Cash 3,645,288 3,643,385

Total Current Assets 3,645,288 3,643,385 Current liabilities

Amounts due to Current Fund 3,557,411 2,603,860

Total Current Liabilities 3,557,411 2,603,860 Net Assets 87,877 1,039,525 Represented by: Accumulated Fund, as at 1 Feb 1,039,525 1,114,513 Deficit for the year (951,648) (74,988) Accumulated Fund, as at 31 Jan 87,877 1,039,525

5

Hong Kong University of Science & Technology Students’ Union Union Subsidy – Statement of comprehensive income For the year ended 31 January 2016 (23rd Session)

Feb15-Jan16 HK$ REVENUES

UGC Fund 90,000 Mega sale revenue 120 Other revenue 15,180

TOTAL REVENUES 105,300 Subsidy to Affiliated Societies:

The Business Students’ Union, HKUSTSU 4,913 Accounting Students’ Society, HKUSTSU 7,321 The Marketing Students’ Society, HKUSTSU 2,500 The Economics Students’ Society, HKUSTSU 6,368 The Humanities and Social Science Students’ Union, HKUSTSU 1,000 Management Students’ Society, HKUSTSU 1,000 The Engineering Students’ Union, HKUSTSU 4,245 The Civil and Environmental Engineering Students’ Society, HKUSTSU 2,708 The Chemical and Biomolecular Engineering Students’ Society, HKUSTSU 1,000 Computer Engineering Students’ Society, HKUSTSU 1,000 The Computer Science and Engineering Students’ Society, HKUSTSU 2,295 Mechanical Engineering Students’ Association, HKUSTSU 4,032 The Biology Student’s Society, HKUSTSU 7,650 Chemistry Students’ Society, HKUSTSU 2,015 Mathematics Students’ Society, HKUSTSU 1,000 The Physics Students’ Society, HKUSTSU 1,000 Biochemistry Students’ Society, HKUSTSU 6,717 Information Systems, Business Statistics and Operations Management Students’ Society, HKUSTSU 3,040 Industrial Engineering and Logistics Management Students’ Society, HKUSTSU 1,000 The Electronic and Computer Engineering Students’ Society, HKUSTSU 1,000 Risk Management and Business Intelligence Students’ Association, HKUSTSU 1,000 Environment Students’ Society, HKUSTSU 1,000 Science Students’ Union, HKUSTSU 1,000 The Finance Students’ Society, HKUSTSU 2,500 International Research Enrichment Students’ Society, HKUSTSU 1,402 The Undergraduate House One Students’ Association, HKUSTSU 28,411 VERTEX, House II Students’ Association, HKUSTSU 12,837 Glacier, House III Students’ Association, HKUSTSU 7,458 Vista, House IV Students’ Association, HKUSTSU 17,106 Endeavour, House V Students’ Association, HKUSTSU 1,000 Independent Clubs Association, HKUSTSU 1,000 AIESEC-LC-HKUST, HKUSTSU 1,000 Campus Crusade for Christ, HKUSTSU 1,000 Chinese Folk Art Society, HKUSTSU 1,000 Chinese Orchestra, HKUSTSU 1,000 Christian Fellowship, HKUSTSU 1,330 Comics and Animation Society, HKUSTSU 1,000 142,848

(to be continued)

6

Hong Kong University of Science & Technology Students’ Union Union Subsidy – Statement of comprehensive income For the year ended 31 January 2016 (23rd Session)

Subsidy to Affiliated Societies: (Continued) HK$ Balance b/f 142,848 Contract Bridge Club, HKUSTSU 1,000 Debating Society, HKUSTSU 1,000 Drama Society, HKUSTSU 2,000 Film Society, HKUSTSU 3,691 Games Society, HKUSTSU 1,000 Golden Z Club, HKUSTSU 1,000 Magic Club, HKUSTSU 2,567 Nature Club, HKUSTSU 1,000 People’s Campus Radio, HKUSTSU 1,000 Rotaract Club of HKUST, HKUSTSU 1,000 Student Astronomy Club, HKUSTSU 1,000 Student Social Service Society, HKUSTSU 1,000 The Band Society, HKUSTSU 1,659 The Catholic Society, HKUSTSU 1,000 The Hong Kong Award of Young People User Unit, HKUSTSU 1,000 The Photographic Society, HKUSTSU 1,044 The University Choir, HKUSTSU 1,500 University Philharmonic Orchestra, HKUSTSU 1,000 Yo-hoo Club, HKUSTSU 1,387 Archery Club, HKUSTSU 1,000 Dance Society, HKUSTSU 3,000 Handball Club, HKUSTSU 1,000 Students’Karate Club, HKUSTSU 1,000 Kendo Club, HKUSTSU 1,000 The Netball Club, HKUSTSU 1,000 Rowing Club, HKUSTSU 1,000 Shaolin Martial Arts Society, HKUSTSU 1,000 Softball Club, HKUSTSU 1,000 Squash Club, HKUSTSU 1,000 Tae Kwon Do Club, HKUSTSU 1,000 Tai Chi Society, HKUSTSU 1,000 Track and Field Club, HKUSTSU 1,000 Cricket Club, HKUSTSU 1,000 China Entrepreneur Network, HKUSTSU 1,000 Christian Choir, HKUSTSU 2,500 Tchoukball Club, HKUSTSU 1,000 Greater China Vision, HKUSTSU 1,000 Progressust, HKUSTSU 1,000 University YMCA-HKUST, HKUSTSU 1,000 Wing Chun Martial Arts Society, HKUSTSU 1,000 TOTAL SUBSIDY 193,196

DEFICIT FOR THE YEAR (87,896)

7

Hong Kong University of Science & Technology Students’ Union Union Subsidy – Statement of financial position

As at 31 January 2016 and 31 January 2015

2016 2015 HK$ HK$ Current Assets

Cash 341,872 451,541 Accounts receivables 91,410 93,089 Amounts due from Current Fund 999,124 904,037

Total Current Assets 1,432,406 1,448,667 Current liabilities

Account payables 420,547 348,912

Total Current Liabilities 420,547 348,912 Net Assets 1,011,859 1,099,755 Represented by: Accumulated Fund, as at 1 Feb 1,099,755 1,137,409 Deficit for the year (87,896) (37,654) Accumulated Fund as at 31 Jan 1,011,859 1,099,755

8

Hong Kong University of Science & Technology Students’ Union Union Council – Statement of comprehensive income

For the 23rd (15-16) and the 22nd (14-15) Sessions Feb15-Jan16 Feb14-Jan15 HK$ HK$ Revenues

Subsidy from Capital Fund 3,648 - Subsidy from Current Fund 48,171 51,410

Total revenues 51,819 51,410 Expenses

General Administration Expenses Council Administration 12,845 24,410

Election Expenses Annual Election 2,604 1,460 Election of Affiliation 1,810 1,460

Commission of referendum 1,810 - Subsidy 16,600 14,600

Re-Election Expenses - 2,360 Provisional Orientation Affairs Committee 4,650 - AGM Booklets 8,000 5,200 General meeting expenses 1,200 800 Transportation 600 150 Depreciation 1,700 970

Total Expenses 51,819 51,410 Surplus for the year - -

9

Hong Kong University of Science & Technology Students’ Union Union Council – Statement of financial position

As at 31 January 2016 and 31 January 2015 Note 2016 2015 HK$ HK$ Fixed Assets A 4,858 2,910 Current Assets

Cash 83,874 129,129

Total Current Assets 83,874 129,129 Total Assets 88,732 132,039 Current liabilities

Account payables 63,638 59,776 Amounts due to Current Fund 12,094 59,263

Total Current Liabilities 75,732 119,039 Net Assets 13,000 13,000 Represented by: Accumulated Fund, as at 1 Feb 13,000 13,000 Surplus for the year - - Accumulated Fund, as at 31 Jan 13,000 13,000

10

NOTES TO UNION COUNCIL – STATEMENT OF FINANCIAL POSITION

Trolley and (A) Fixed Assets Computer other assets Total HK$ HK$ HK$ Book Value At 31/01/2015 43,163 1,798 44,961 Additions 3,648 - 3,648 At 31/01/2016 46,811 1,798 48,609 Accumulated depreciation At 31/01/2015 40,253 1,798 42,051 Charge for the year 1,700 - 1,700 At 31/01/2016 41,953 1,798 43,751 Net book value At 31/01/2016 4,858 - 4,858 At 31/01/2015 2,910 - 2,910

11

Hong Kong University of Science & Technology Students’ Union Court – Statement of comprehensive income

For the 23rd (15-16) and the 22nd (14-15) Sessions Feb15-Jan16 Feb14-Jan15 HK$ HK$ Revenues

Subsidy from Capital Fund - - Subsidy from Current Fund 68,660 2,282

Total Revenues 68,660 2,282 Expenses

Administration Expenses 12,000 1,404 Ink Cartridges 285 878 Depreciation 5,592 5,593 Tutor salary 14,700 - Asia Pacific Student Leaders’ Conference Expenses 41,675 -

Total Expenses 74,252 7,875 Deficit for the year (5,592) (5,593)

12

Hong Kong University of Science & Technology Students’ Union Court – Statement of financial position

As at 31 January 2016 and 31 January 2015 Note 2016 2015 HK$ HK$ Fixed Assets A 11,185 16,777 Current Assets

Cash 127,313 64,410 Accounts receivable 25,538 -

Total Current Assets 152,851 64,410 Total Assets 164,036 81,187 Current liabilities

Accounts payable 11,494 4,393 Amounts due to Current Fund 136,950 55,610

Total Current Liabilities 148,444 60,003 Net Assets 15,592 21,184 Represented by: Accumulated Fund, as at 1 Feb 21,184 26,777 Deficit for the year (5,592) (5,593) Accumulated Fund, as at 31 Jan 15,592 21,184

13

NOTES TO COURT – STATEMENT OF FINANCIAL POSITION (A) Fixed Assets

Computer & Software Projector Dictionary Total HK$ HK$ HK$ HK$ BOOK VALUE At 31/01/2015 23,117 4,500 345 27,962 Addition - - - - At 31/01/2016 23,117 4,500 345 27,962 ACCUMULATED DEPRECIATION At 31/01/2015 9,247 1,800 138 11,185 Charge for the year 4,623 900 69 5,592 At 31/01/2016 13,870 2,700 207 16,777 NET BOOK VALUE At 31/01/2016 9,247 1,800 138 11,185 At 31/01/2015 13,870 2,700 207 16,777

14

Hong Kong University of Science & Technology Students’ Union

Editorial Board – Statement of comprehensive income For the 23rd (15-16) and the 22nd (14-15) Sessions

Feb15-Jan16 Feb14-Jan15 HK$ HK$ Revenues

Subsidy from Current Fund 218,128 207,901 Subsidy from Capital Fund - 15,640

Total Revenues 218,128 223,541 Expenses

Depreciation 8,951 6,431 Issues of “WINGS” Publication expense 159,400 140,766 Issues of “High Fly Post” Publication expense 21,480 51,920 Extra Edition expense 23,500 2,000 Compensation expense - 14,394 Function expense

Expense for talk - 420 Be our guess - 352

Writing competition - 500 Pass it on - 400

O’Day expense 1,489 1,592 Subscription - 270 Other expenses Administration expense 3,008 281 Gift coupon 300 2,000 Stamp - 220 Reference books - 120 Business cards - 575 Soc T - 1,300

Total Expenses 218,128 223,541 Surplus for the year - -

15

Hong Kong University of Science & Technology Students’ Union Editorial Board – Statement of financial position

As at 31 January 2016 and 31 January 2015

Note 2016 2015 HK$ HK$ Fixed Assets A 17,449 11,899 Current Assets

Cash 123,958 114,781 Amount due from Current Fund 3,785 - Deposit for assets - 15,640

Total Current Assets 127,743 130,421 Total Assets 145,192 142,320 CURRENT LIABILITIES

Account payables 117,734 100,519 Amount due to Current Fund - 14,343

Total Liabilities 117,734 114,862 Net Assets 27,458 27,458 Represented by: Accumulated Fund, as at 1 Feb 27,458 27,458 Surplus for the year - - Accumulated Fund, as at 31 Jan 27,458 27,458

16

NOTES TO EDITORIAL BOARD – STATEMENT OF FINANCIAL POSITION (A) Fixed Assets

Computer Projector, System & Camera & Other Accessories Recorder Assets Total HK$ HK$ HK$ HK$ BOOK VALUE At 31/01/2015 140,995 20,548 940 162,483 Addition - 14,501 - 14,501 At 31/01/2016 140,995 35,049 940 176,984 ACCUMULATED DEPRECIATION At 31/01/2015 131,740 18,388 456 150,584 Charge for the year 4,783 3,980 188 8,951 At 31/01/2016 136,523 22,368 644 159,535 NET BOOK VALUE At 31/01/2016 4,472 12,681 296 17,449 At 31/01/2015 9,255 2,160 484 11,899

17

Hong Kong University of Science & Technology Students’ Union

Executive Committee – Statement of comprehensive income For the 23rd (15-16) and the 22nd (14-15) Sessions Note Feb15-Jan16 Feb14-Jan15

HK$ HK$ Revenue Subsidy from Capital Fund - 48,000 Subsidy from Current Fund 618,520 534,836 Sponsorship income 75,750 169,240 Other revenue 960 - Total Revenues 695,230 752,076 Expenses Expenses of various Committees Welfare Committee (1) 309,179 360,150 Social Committee (2) 5,829 40,718 Publication Committee (3) 18,600 31,085 Public Relations Committee (4) 5,571 10,979 External Affairs Committee (5) 51,530 52,233 390,709 503,112

General Administration Expenses Accountancy 27,200 27,200 Audit fee 11,000 11,000 Bank charge - 70 Contingency 10,000 4,563 Depreciation 29,794 30,171 Insurance expenses 1,720 1,668 Medical expenses 3,810 2,500 Yearly general expenses 5,927 7,941 MPF expenses 12,657 11,840 Office maintenance 1,936 - Paper 4,872 1,140 Promotion period 2015 expenses 28,200 - Routers - 972 Salaries expenses 263,469 244,139 Trolley - 580 Telephone and fax expenses 3,936 5,180 404,521 348,964 Total Expenses 795,230 852,076 Extraordinary items Subsidy from University 100,000 100,000 Surplus for the year - -

18

Hong Kong University of Science & Technology Students’ Union Executive Committee - Statement of financial position

As at 31 January 2016 and 31 January 2015

Note 2016 2015 HK$ HK$ Fixed Assets A 54,199 83,993 Current Assets

Cash 176,087 294,533 Accounts receivable 1,403 42,000 Amounts due from Current Fund 96,083 3,451

Total Current Assets 273,573 339,984 Total Assets 327,772 423,977 Current Liabilities

Accounts payables 221,709 317,914 Accrued expenses 38,200 38,200

Total Current Liabilities 259,909 356,114 Total Liabilities 259,909 356,114 Net Assets 67,863 67,863 Represented by: Accumulated Fund, as at 1 Feb 67,863 67,863 Surplus for the year - - Accumulated Fund, as at 31 Jan 67,863 67,863

19

NOTES TO HKUSTSU EXECUTIVE COMMITTEE – STATEMENTS OF ACTIVITIES NOTE (1) Welfare Committee HK$ 1st Distribution of Welfare Product 92,979 Mega sales 2,700 2nd Distribution of Welfare Product 213,500 309,179

NOTE (2) Social Committee HK$ Talent show 5,829 NOTE (3) Publication Committee HK$ Orientation booklet 18,600

20

NOTES TO HKUSTSU EXECUTIVE COMMITTEE – STATEMENTS OF ACTIVITIES NOTE (4) Public Relations Committee HK$ Exco T-shirts 1,120 Standing Committee T-shirts 2,000 Promotional expenses 600 Members Gathering 1,851 5,571 NOTE (5) External Affairs Committee HK$ Annual membership fee for HKFS 50,982 General expense 548 51,530

21

NOTES TO HKUSTSU EXECUTIVE COMMITTEE – STATEMENT OF FINANCIAL POSITION (A) FIXED ASSETS Camera Software Access Banner & Binder Fax & Control Cutting Video & Other Machine Computer Trolleys System Machine Camera Laminator Assets Total HK$ HK$ HK$ HK$ HK$ HK$ HK$ HK$ HK$ COST At 31/01/2015 4,311 180,999 5,830 31,000 66,300 19,686 7,522 32,931 348,579 Additions - - - - - - - - - At 31/01/2016 4,311 180,999 5,830 31,000 66,300 19,686 7,522 32,931 348,579 ACCUMULATED DEPRECIATION At 31/01/2015 3,993 110,640 5,830 24,800 66,300 13,286 7,522 32,215 264,586 Charge for the year 159 21,119 - 6,200 - 1,600 - 716 29,794 At 31/01/2016 4,152 131,759 5,830 31,000 66,300 14,886 7,522 32,931 294,380 NET BOOK VALUE At 31/01/2016 159 49,240 - - - 4,800 - - 54,199 At 31/01/2015 318 70,359 - 6,200 - 6,400 - 716 83,993

22

Hong Kong University of Science & Technology Students’ Union Print Shop – Statement of comprehensive income For the 23rd (15-16) and the 22nd (14-15) Sessions

Feb15-Jan16 Feb14-Jan15 HK$ HK$ Photocopies revenues 139,307 140,152 Subsidy from Capital Fund 948,000 11,348 Total revenues 1,087,307 151,500 Operating cost and expenses

Cost of services 17,465 21,724 Depreciation 186,220 123,892 Staff salaries 109,388 105,100 Part-time staff salary 36,027 39,248 MPF expenses 5,469 5,255 Part-time staff MPF expenses 1,855 1,963 Insurance 1,720 1,668 Part-time staff insurance 236 229 Medical expenses 2,404 2,320 Meter charges 2,203 39,248 Octopus expense 12,421 12,311 Repairment - 630 Administration expenses 147 -

Total operating cost and expenses 375,555 353,588 Surplus / (Deficit) for the year 711,752 (202,088)

23

Hong Kong University of Science & Technology Students’ Union Print Shop – Statement of financial position As at 31 January 2016 and 31 January 2015

Note 2016 2015 HK$ HK$ Fixed Assets A 781,059 473,779 Current Assets

Cash 71,617 79,788 Accounts receivables 6,568 3,971 Inventory 714 1,856

Total Current Assets 78,899 85,615 Total Assets 859,958 559,394 Current Liabilities

Accounts payables - 11,348 Copier rental payables 774,200 464,600 Amounts due to Current Fund 288,388 997,828

Total Current Liabilities 1,062,588 1,473,776 Net Liabilities (202,630) (914,382) Represented by: Deficit, as at 1 Feb (914,382) (712,294) Surplus / (Deficit) for the year 711,752 (202,088) Deficit, as at 31 Jan (202,630) (914,382)

24

NOTES TO HKUSTSU PRINT SHOP – STATEMENT OF FINANCIAL POSITION A Fixed Assets

Laminator

Photocopying Machines

Dehumidifier

Other Assets

Total

HK$ HK$ HK$ HK$ HK$ COST At 31/01/2015 8,345 606,000 2,698 47,082 664,125 Additions - 948,000 - - 948,000 Disposal - (606,000) - - (606,000) At 31/01/2016 8,345 948,000 2,698 47,082 1,006,125 ACCUMULATED DEPRECIATION At 31/01/2015 8,345 141,400 2,698 37,903 190,346 Charge for the year - 183,900 - 2,320 186,220 Written off - (151,500) - - (151,500) At 31/01/2016 8,345 173,800 2,698 40,223 225,066 NET BOOK VALUE At 31/01/2016 - 774,200 - 6,859 781,059 At 31/01/2015 - 464,600 - 9,179 473,779

25

Hong Kong University of Science & Technology Students’ Union Co-Op Shop – Statement of Comprehensive income For the 23rd (15-16) and the 22nd (14-15) Sessions

Feb15-Jan16 Feb14-Jan15 HK$ HK$ Sales 426,437 645,373 Operating cost and expenses Cost of goods sold 389,015 421,716 Gross profit 37,422 223,657 Other income IT corner salary income 131,041 123,912 Other revenue 36 31 Total other income 131,077 123,943 Selling and administrative expenses Bank charge 150 170 Salaries expenses 128,410 122,295 IT corner salary expenses 131,041 123,912 MPF expenses 6,420 6,115 Insurance expenses for attendant 1,720 1,668 Insurance expenses for IT corner staff 1,720 1,668 Medical expenses for attendant 230 700

Medical expenses for IT corner staff 650 609 Total other expenses 270,341 257,137 (Deficit) / Surplus for the year (101,842) 90,463

26

Hong Kong University of Science & Technology Students’ Union Co-Op Shop – Statement of financial position As at 31 January 2016 and 31 January 2015

Note 2016 2015 HK$ HK$ Non-current Assets

Fixed Assets A - - Amounts due from Current Fund 218,729 279,212 218,729 279,212 Current Assets Cash 873,984 838,941 Inventories 266,616 309,126 Accounts receivable 12,344 29,978 Total Current Assets 1,152,944 1,178,045 Total Assets 1,371,673 1,457,257 Current Liabilities Accounts payables 154,613 138,355 Total Current Liabilities 154,613 138,355 Net Assets 1,217,060 1,318,902 Represented by: Accumulated Fund, as at 1 Feb 1,318,902 1,228,439 (Deficit) / Surplus for the year (101,842) 90,463 Accumulated Fund, as at 31 Jan 1,217,060 1,318,902

27

NOTES TO HKUSTSU CO-OP SHOP – STATEMENT OF FINANCIAL POSITION A Fixed Assets

Bar-code System

Security Mirror

Thermal Binder & Laminator

Cashier & Safe Box

Surveillance & Display Unit

Shelf &

Networking

Total HK$ HK$ HK$ HK$ HK$ HK$ HK$ COST At 31/01/2015 and At 31/01/2016 23,860 2,210 14,970 21,955 4,800 13,518 81,313 ACCUMULATED DEPRECIATION At 31/01/2015 23,860 2,210 14,970 21,955 4,800 13,518 81,313 Charge for the year - - - - - - - At 31/01/2016 23,860 2,210 14,970 21,955 4,800 13,518 81,313 NET BOOK VALUE At 31/01/2016 - - - - - - - At 31/01/2015 - - - - - - -