SMD

Annual Report 2023/2024

Annual Financial Statements for the year ended 31 March 2024

Notes to the Annual Financial Statements

14. Payables – current

Note

2023/24

2022/23

R’000

R’000

Clearing accounts

14.1

64

28

Other payables

14.2

-

14 000

Total

64

14 028

Income tax and pension fund.

14.1 Clearing accounts

Note

2023/24

2022/23

Description

R’000

R’000

Sal: Income Tax

52

10

Sal: GEHS Refund

-

15

Sal: Pension Fund

12

3

Total

14

64

28

Balances interfaced in April 2024.

14.2 Other payables

Note

2023/24

2022/23

Description

R’000

R’000

Identify major categories, but list material items Reconstruction Development Programme (Seda EU Programme)

-

14 000

Total

21

-

14 000

Cash in transit that was not allocated to the EDSE transfers (202223).

Part F • FINANANCIAL INFORMATION • Department of Small Business Development

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