## **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, ……………………….<br>Ly}<br>/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, …………………………