Swiss Parents Association
Financial Report to the Members for the Year ended 31st July 2024
| (GBP) | |
|---|---|
| 2024 A | |
| Cash INCOME | |
| BAK contribution 90% (this year) | 16,340.90 |
| BAK 2nd Tranche 10% (last year) | 1,678.58 |
| Swiss Parent Payments | 8,580.00 |
| Interest income or similar | 0.00 |
| Fundraising Income | 0.00 |
| Total Income | 26,599.47 |
| Cash EXPENDITURE | |
| Swiss Teacher Cost (paid to DSL) | 18,019.47 |
| Swiss Parents Payments (paid back to DSL) | 8,580.00 |
| Expenses (Unterrichts Material) | 841.84 |
| Total Expenses | 27,441.31 |
| Change in Cash Balance | -841.84 |
| FX GBP/CHF | 38.80 |
| Change in BAK 2nd Tranche commitment | 134.89 |
| SURPLUS/ DEFICIT | -668.14 |
| STATEMENT OF ASSETS AND LIABILITIES | |
| ASSETS | |
| Current Account Metro | 26,368.16 |
| BAK 2nd Tranche 10% (this year) | 1,813.47 |
| LIABILITIES | |
| Creditor DSL (Swiss Parents Payments) | 0.00 |
| Creditor DSL (Teacher salary) | 0.00 |
| Net Assets | 28,181.63 |
| Control: | |
| Net Assets as at 31st July previous year | 28,849.77 |
| Profit/Deficit for the year | -668.14 |
| Total Assets Required | 28,181.63 |
| Difference | 0.00 |
| London, ………………………. Ly} /YU Mares |
|
| 3. Dec 2024 |
Report of the Auditor
I confirm that the accounts noted above, are in accordance with the books and records of the Association
London, …………………………