Financial Statements

Financial Statements

Year end financial statements (March 31, 2025) will be presented to the Rossport Marina Membership at the June 14, 2025 Annual General Meeting.  The financial reporting package will include the following:

• Balance Sheet

• Statement of Surplus/Deficit

• Cash Flow Statement

• Statement of Non-Restricted and Restricted Funds

• Notes to the Financial Statements

On March 15, 2025, a Special Members Meeting was held to consider the passing of an Extraordinary Resolution to dismiss with the need to have a Review of the Corporation's accounts and financial statements for the year ended March 31, 2025.  The dismissal of the need to have a Review is in accordance with the Ontario Not-for-Profit Corporations Act ('the Act") as the Corporation meets the requirements to enable the dismissal of a Review.  The Extraordinary Resolution was passed unanimously by the Members present and voting in accordance with the provisions of the Act.

For an update on the Marina's operations, please see the Statement of Surplus/Deficit for the 11 months ended February 28, 2025 by clicking here.