Financial Report 2021-2022
Summary of Significant Accounting Policies
The financial statements cover Nanyima Aged Care Inc. as an individual entity. Nanyima Aged Care Inc. is an
association incorporated in Queensland and operating pursuant to the Association Incorporation Act QLD 1981 and the
Australian Charities Not-for-Profits Commission Act 2012.
The principal activities of the Association for the year ended 30 June 2022 were care of aged and frail in a safe, secure,
and homelike environment.
Basis of preparation
The financial statements are general purpose financial statements have been prepared in accordance with Australian
Accounting Standards – Reduced Disclosure Requirements and interpretations issued by the Australian Accounting
Standards Board and the Australian Charities Not-for-Profits Commission Act 2012. The association is a not-for-profit
entity for financial reporting purposes under Australian Accounting Standards…Read More