SMD

Annual Report 2023/2024

Annual Financial Statements for the year ended 31 March 2024

Notes to the Annual Financial Statements

11.1. Claims recoverable

Note

2023/24

2022/23

R’000

R’000

National departments

-

2

Provincial departments

54

-

Total

11

54

2

Salary claims of an official transferred to the provincial department.

11.2. Recoverable expenditure

Note

2023/24

2022/23

R’000

R’000

Group major categories, but list material items Sal: Reversal account

24

72

Sal: Tax debt

9

70

Total

11

33

142

Amounts to be recovered from ex-employees.

11.3. Staff debt

Note

2023/24

2022/23

R’000

R’000

Group major categories, but list material items Salary overpayment

39

73

Tax debt

10

30

Tool of trade debt and breach of contract

21

23

Total

11

70

126

Debts from ex-employees.

11.4. Other receivables

Note

2023/24

2022/23

R’000

R’000

Group major categories, but list material items Fruitless and wasteful expenditure

-

3

Grant incentives overpayments or non-performance

-

2 297

Bursary overpayment

-

49

Total

11

-

2 349

Part F • FINANANCIAL INFORMATION • Department of Small Business Development

185