AFRICAN ROAD INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$241,473
Cash & Equivalents
97%
Prepaid Expenses
3%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$54,139
Related-Party Payables
74%
Deferred Revenue
26%
Payables & Accruals
0%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$319,381
$235,228
-26%
Receivables (Non-Related)
$10,390
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$6,245
-
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$329,771
$241,473
-27%
Liabilities
2023
2024
Change
Payables & Accruals
-
-
-
Grants Payable
-
-
-
Deferred Revenue
-
$14,139
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
$40,000
-
Other Liabilities
-
-
-
Total Liabilities
$0
$54,139
-
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$329,771
$187,334
-43%
Net assets
2023
2024
Change
Net assets
+$329,771
+$187,334
-43%
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