Page 9 - DCB 2019 Annual Report

DIVER CERTIFICATION BOARD OF CANADA

2019 Annual Report
2018 A
2018 Annual Report nnual Report

STATEMENT OF FINANCIAL POSITION
2018 Annual Report

DECEMBER 31 2017 2016
Table of Contents able of Contents
T Table of Contents
Table of Contents
DIVER CERTIFICATION BOARD OF CANADA
3 3
ASSETS Who We Are 3
Who We Are We Are
Who
DIVER CERTIFICATION BOARD OF CANADA
STATEMENT OF OPERATIONS AND CHANGES IN NET ASSETS 3
Who We Are
International Recognition
3 3

CURRENT ASSETS STATEMENT OF FINANCIAL POSITION 3
International Recognition
Our Vision
Cash YEAR ENDED DECEMBER 31 $ 279,833 $ 2019 3 3 2018
320,506
3 3
Our Vision Vision
Our
Accounts receivable 66,664 2018 3 3 2017
41,949
Our Vision
DECEMBER 31
Our Mission
3 3
Our
Our Mission Mission
HST receivable 12,398 6,963
Our Mission
REVENUE
Our Board of Directors
Prepaid expenses Our 11,320 28,460 3 3
3 3
Our Board of Directors Board of Directors
Inventory ASSETS 20,780 7,875 3
Our Board of Directors
What We Do
What We Do We Do
What
4 4
Certificate fees $ 260,952 $ 4 250,422
What We Do
5 5 78,962
Conference $ 390,995 $ 405,753 5 4
-
Message from the Chairman
M
Message from the Chairman essage from the Chairman
CURRENT ASSETS
Operating grants (Note 7) 32,000 5 32,000
Message from the Chairman
Cash
M
Message from the CEO essage from the CEO
6 $ 6
LIABILITIES Message from the CEO $ 217,067 6 279,833
Accrediation cost recovery 23,757 10,298
Accounts receivable
77,756
66,664
Message from the CEO
Aurtor’s Report
Audi
7 7 20,464
Othe 27,737 7 6
Auditor’s Report ditor’s Report
11,760
HST receivable
12,398
CURRENT LIABILITIES 4,000 5,000
Accreditation fees
Auditor’s Report
Prepaid expenses
Fi Financial Statements
10,488
Accounts payable and accrued liabilities $ 10,058 $ 2,165 8 7 11,320
8 8
Financial Statements nancial Statements
20,780
Deferred revenue Inventory 25,714 348,446 19,896 8 397,146
8,841
Financial Statements
N Notes to Financial Statements
11
11
Notes to Financial Statements otes to Financial Statements
Payroll source deductions 5,409 $ 317,589 11 390,995
4,624
$
Notes to Financial Statements
11
2021 Canadian Underwater Conference and Exhibition
15
15
EXPENDITURES 41,181 35,008 15
2020 Canadian Underwater Conference and Exhibition
LIABILITIES 15

Advertisements 14,133 15,204

Cover Photos: Left - CDI Barge Right - DIT Chamber
Board meetings 15,836 38,902
CURRENT LIABILITIES
COMMITMENTS (Note 6)
Conference $ 4,774 $ 96,353
Accounts payable and accrued liabilities
10,059
6,211
73
Deferred revenue
NET ASSETS Capital assets 10,994 - 25,714
Insurance 2,710 2,558
5,409
4,488
Payroll source deductions
Interest and bank charges 7,035 5,609
10,699
41,182
Office
370,745
UNRESTRICTED 349,814 31,318 29,173
Professional fees 25,327 16,146
Rent 18,259 17,879
COMMITMENTS (Note 6)
Salaries and benefits $ 390,995 202,983 198,366
$
405,753
Training 713 2,979
NET ASSETS
Travel 19,704 16,827
353,786 440,069
UNRESTRICTED 306,890 349,813
Approved by the Directors:
EXCESS OF (EXPENSES OVER REVENUE) $ (5,340) $ (42,923)
Director
$ 317,589 $ 390,995
Director
Approved by the Directors:
CHANGE IN NET ASSETS
Director
Director
Unrestricted net assets at beginning of year $ 306,890 $ 349,813
Director
Excess of (expenses over revenue) Director (5,340) (42,923)
Unrestricted net assets at end of the year $ 301,550 $ 306,890
Photo courtesy of CDA-Technical Institute
2 2 2
9 8 2 2