XML 40 R7.htm IDEA: XBRL DOCUMENT v3.2.0.727
STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Mar. 30, 2015
Mar. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Interest received $ 5,129 $ 8,928
Cash paid for management fees (255,163) (255,183)
Cash paid for professional fees (45,240) (44,003)
Cash paid for printing, postage and other expenses (18,738) (11,344)
Net cash used in operating activities (314,012) (301,602)
CASH FLOWS FROM INVESTING ACTIVITIES    
Distributions received from local partnerships 63,233 109,741
Investments in Pemberwick Fund (4,986) (8,522)
Redemptions from Pemberwick Fund 295,000 170,000
Net cash provided by investing activities 353,247 271,219
CASH FLOWS FROM FINANCING ACTIVITIES    
Distributions to owners (131,824)  
Net cash used in financing activities (131,824)  
Net decrease in cash and cash equivalents (92,589) (30,383)
Cash and cash equivalents at beginning of year 111,475 141,858
CASH AND CASH EQUIVALENTS AT END OF YEAR 18,886 111,475
SIGNIFICANT NONCASH INVESTING AND FINANCING ACTIVITIES    
Unrealized loss on investment in Pemberwick Fund $ (2,478) $ (5,275)