v3.7.0.1

BALANCE SHEETS - USD ($)	Mar. 30, 2017	Mar. 30, 2016
ASSETS
Cash and cash equivalents	$ 62,429	$ 110,119
Investment in Pemberwick Fund - a short duration bond fund	832,364	231,367
Total assets	894,793	341,486
Liabilities
Accounts payable and accrued expenses	27,475	32,120
Payable to general partner and affiliates	3,101,684	3,260,048
Total liabilities	3,129,159	3,292,168
Commitments and contingencies
Partners' deficit
General partner	(2,060,698)	(2,842,300)
Limited partners (35,883 units of limited partnership interest outstanding)	(170,804)	(107,589)
Accumulated other comprehensive loss	(2,864)	(793)
Total equity (deficit)	(2,234,366)	(2,950,682)
Total liabilities & equity (deficit)	$ 894,793	$ 341,486

Amount of liabilities incurred and payable to vendors for goods and services received, and accrued liabilities classified as other.

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Accumulated appreciation or loss, net of tax, in value of the total of available-for-sale securities at the end of an accounting period.

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Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

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Amount of equity securities categorized neither as held-to-maturity nor as trading.

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Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

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Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.

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AMERICAN TAX CREDIT PROPERTIES III LP 10-K