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2024-03-31-accounts

South West Fishing for Life. Annual report 23-24

Another year of stability for SWFFL. We are still well supported by our coaches and volunteers and demand has remained about constant. We have added a group fishing a chalk stream which has been well received. Trustees remain constant, and hard working. Weather has been a problem but all our particpants know their limits and haven’t let the rain dampen their spirits, or the fishing. We have spent more than we have raised but we still have good reserves and have plans to address the situation next year.

Patrick Veale

South West Fishing For Life

Accounts

31 March 2024

South West Fishing For Life

Approval statement

I approve the accounts which comprise of the Profit and Loss Account, the Balance Sheet and the related notes. I acknowledge my responsibility for the accounts, including the appropriateness of the applicable financial reporting framework as set out in note 1, and for providing Jan Sorrell with all information and explanations necessary for their compilation.

Ms R Scott

21 November 2024

1

South West Fishing For Life Income & Expenditure Account for the year ended 31 March 2024

Income from Charitable activities
Expenses
Office and administration
Advertising and promotion
Accountancy, legal and other professional fees
Exceptional item - Transfers
Other charitable expenses
Surplus / (Deficit) for the Year
2024
£
3,323
460
515
540
2,800
1,161
5,476
(2,153)
2023
£
6,150
810
-
775
1,000
1,445
4,030
2,120

2

South West Fishing For Life Balance Sheet as at 31 March 2024

Notes
Current assets
Bank Account - Deposit
Bank Account - Current
Net current assets
Net assets
Accumulated Fund
Bfwd Last Year
Surplus / (Deficit) for the Year
7,308
6,934
14,242
2024
£
14,242
14,242
16,395
(2,153)
14,242
-
8,808
7,587
16,395
2023
£
16,395
16,395
14,275
2,120
16,395

3

South West Fishing For Life Notes to the Accounts for the year ended 31 March 2024

1
Income and expenditure analysis
Income from charitable activities
Donations
Fundraising
Sales of Tackle
Debbies day
Office and administration
Admin expenses
Equipment expensed
Insurance and membership sub
Advertising and promotion
Advertising and PR
Accountancy, legal and other professional fees
Course costs
Other charitable expenses
Debbies Day
Christmas
Sundry expenses
Anniversary costs
Donations and gifts
2024
£
2,088
700
120
415
3,323
41
192
227
460
515
540
490
473
30
168
-
1,161
2023
£
4,580
539
693
338
6,150
594
-
216
810
-
775
646
628
-
-
171
1,445

4