Balance Sheet for the Year 2022
The Law Society of Libya's 2022 balance sheet reflects the financial performance of a non-profit organization. The organization’s revenue, primarily dependent on donations, amounted to 123,576.11 LYD, while operating expenses totaled 112,081.11 LYD, resulting in a financial surplus of 11,495.00 LYD.
The fixed assets included official gazettes and computer equipment, while liabilities were balanced against the total financial surplus. This balance sheet highlights sustainable financial management and the organization's commitment to achieving its legal and social objectives efficiently.
Balance Sheet for the Year 2023
The 2023 balance sheet of the Law Society of Libya reflects the financial performance of a non-profit organization. The organization’s revenue, primarily reliant on donations, amounted to 252,803.91 LYD, while operating expenses totaled 142,016.69 LYD, resulting in a financial surplus of 110,787.23 LYD.
Current assets included cash in the bank and treasury, totaling 105,825.17 LYD, while fixed assets amounted to 16,457.06 LYD.
This financial report highlights sustainable financial management and the organization's ability to continue providing services and expanding its legal and social initiatives.