Financial Information

Statement of financial position

Tanglin Australia Pty Ltd
As at 31 August 2024

Account 2024
  AUD
Assets  
Current assets  
Cash and cash equivalents 5,784,118
Prepayments and other receivables 55,279
Total Current assets 5,839,397
Non-current assets  
Property, Plant and equipment 4,017,483
Deferred tax asset 131,200
Total non-current assets 4,148,683
Total Assets 9,988,080
Liabilities  
Current liabilities  
Trade and other payables 422,953
Employee benefit liabilities 2,823
Total current liabilities 425,776
Non-current liabilities  
Employee benefit liabilities 1,661
Total non-current liabilities 1,661
Total liabilities 427,437
Net assets 9,560,643
Equity  
Issued capital 10,000,000
Accumulated losses (439,357)
Total Equity 9,560,643

Statement of profit and loss

Tanglin Australia Pty Ltd
For the period from 29 November 2023 to 31 August 2024

Account 2024
  AUD
Staff costs (151,966)
Depreciation of property, plant and equipment (137,361)
Other operating expenses (281,230)
   
Loss before income tax (570,557)
Income tax benefit 131,200
   
Loss for the period (439,357)