Appendix
VRCA Balance Sheet as of Dec 31, 2025
Statement of financial position for the VRCA at the end of 2025.
Total Assets: $120,458.46Total Liabilities: $11,954.27
Balance Sheet
View Royal Community Association
As of Dec 31, 2025 Report Type: Accrual (Paid & Unpaid)
| ACCOUNTS | Dec 31, 2025 |
|---|---|
| Assets | |
| Cash and Bank | |
| Cash on Hand | $233.20 |
| Vancity | $1,463.65 |
| Vancity Jumpstart Savings | $103,035.62 |
| Vancity membership shares | $5.47 |
| Total Cash and Bank | $104,737.94 |
| Other Current Assets | |
| Accounts Receivable | $623.57 |
| Total Other Current Assets | $623.57 |
| Long-term Assets | |
| Accumulated Depreciation | -$465.95 |
| Hall Furnishings | $1,032.58 |
| Hall Major updates | $14,530.32 |
| Total Long-term Assets | $15,096.95 |
| Total Assets | $120,458.46 |
| Liabilities | |
| Current Liabilities | |
| Accounts Payable | $2,323.82 |
| Damage Deposit Refundable | $900.00 |
| Grant Deferred Revenue | $7,395.45 |
| Prepaid Rental Income | $1,335.00 |
| Total Current Liabilities | $11,954.27 |
| Long-term Liabilities | |
| Total Long-term Liabilities | $0.00 |
| Total Liabilities | $11,954.27 |
| Equity | |
| Retained Earnings | |
| Profit for all prior years | $78,338.42 |
| Profit between Jan 1, 2025 and Dec 31, 2025 | -$5,052.14 |
| Retained Earnings/Deficit | $35,217.91 |
| Total Retained Earnings | $108,504.19 |
| Total Equity | $108,504.19 |
Page 286–287
Extracted from: 2026 04 14 Committee of the Whole Meeting - Agenda - Pdf(471 pages total)