C/S 2357 BALOZI CO-OPERATIVE SAVINGS AND CREDITSOCIETY LIMITED

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C/S 2357 BALOZI CO-OPERATIVE SAVINGS AND CREDIT SOCIETY LIMITED

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Notes to the Financial Statements

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Notes to the Financial Statements

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If any such indication exists, the asset’s recoverable amount is estimated. The recoverable amount of an asset

Subsequent costs are included in the assets’ carrying amount or recognised as separated asset, as appropriate

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(ii) Significant Judgment in applying the Entity’s Accounting Policies In the process of applying the Society’s Accounting Policies, the Board has made judgments in determing: -Whether assets are impaired -The classification are impaired

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The Sacco manages its capital to ensure that it will be able to continue as a going concern while maximising the return to members through the optimisation of the debt and equity balance