The Supreme Student Council ARASOF-Nasugbu has successfully submitted and fulfilled the organizational requirements as prescribed by the Office of Student Organizations. The accompanying table of accomplishments recorded a total of fifty-four (54) activities conducted during the first semester of the current academic year, all of which have been duly certified by the Head of the Office and the Vice Chancellor for Academic Affairs.

*based on the actual accomplishment report submitted to the Office of Student Organization last reporting semester.

As of December 22, 2025, the Supreme Student Council ARASOF-Nasugbu reported a total net worth of Php 468,335.01 for the First Semester of the Academic Year 2025–2026. This total is derived from the organization’s assets, which include cash, equipment, and accounts receivable, as well as the net worth carried over from June 2025 and the excess of funds over expenses computed in Form 2.

*based on the actual financial report submitted to the Office of Student Organization last reporting semester.

As of December 22, 2025, the Supreme Student Council ARASOF-Nasugbu recorded a total excess of funds over expenses amounting to Php 76,397.82 for the First Semester of the Academic Year 2025–2026. This amount was derived from the organization’s various sources of funds, including membership fee collections, collections from activities, gross receipts from income-generating projects (IGPs), and other cash receipts. On the other hand, the organization incurred expenses related to student activities, operating requirements, and the cost of income-generating projects.

*based on the actual financial report submitted to the Office of Student Organization last reporting semester.

As of December 22, 2025, the Supreme Student Council ARASOF-Nasugbu reported a remaining cash balance of Php 428,562.31 for the previous semester. The stated amount is securely deposited in the council’s official bank account, which was temporarily frozen during the holiday and month-long vacation break to ensure proper safeguarding of funds. The account was subsequently unfrozen at the beginning of the current semester to resume regular financial operations and support upcoming organizational activities and initiatives.

*based on the actual financial report submitted to the Office of Student Organization last reporting semester.

The Supreme Student Council ARASOF-Nasugbu comprehensively itemized three hundred fifty-one (351) transactions generated for the semester, which collectively resulted in total cash receipts of Php 600,155.00. These transactions include membership fee collections, accounts receivable, event-related collections, and other cash receipts.

*based on the actual financial report submitted to the Office of Student Organization last reporting semester.

The Supreme Student Council ARASOF-Nasugbu comprehensively itemized six hundred twenty-three (623) disbursement transactions for the semester, which collectively resulted in total cash disbursements amounting to Php 537,238.68. These transactions include expenses related to financial assistance, event-related activities, and other operational expenditures.

*based on the actual financial report submitted to the Office of Student Organization last reporting semester.

The Supreme Student Council ARASOF-Nasugbu outlined a total of twelve (12) notes corresponding to the above-presented financial statements. These notes include discussions on cash, accounts receivable, equipment, net worth as of December 2025, membership fee collections, collections from activities, gross receipts from income-generating projects (IGPs), other cash receipts, event-related expenses, operating expenses, cost of income-generating projects, and prior period adjustments.

*based on the actual financial report submitted to the Office of Student Organization last reporting semester.

The Supreme Student Council ARASOF-Nasugbu prepared a bank reconciliation reflecting an adjusted bank statement balance of Php 428,562.31, which is accurately aligned with the balance presented in Form 3. Form 7 further presents the bank balance of cash, deductions for outstanding checks, the book balance of cash, and the identified discrepancies, which amounted to Php 0.00.

*based on the actual financial report submitted to the Office of Student Organization last reporting semester.