UK FRIENDS OF SNAC ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2020
Bailey Oster
Chartered Accountants
Mellor House 65-81 St. Petersgate Stockport SK1 1DS
UK Friends of SNAC Contents of the Accounts For The Year Ended 31 December 2020
Contents
| Page | |
|---|---|
| Business Details | 1 |
| Approval | 2 |
| Accountants' Report | 3 |
| Profit and Loss Account | 4 |
| Balance Sheet | 5 |
| Notes to the Accounts | 6 |
UK Friends of SNAC Business Details For The Year Ended 31 December 2020
| Proprietor | Mr Bernard Oster |
|---|---|
| Accountants | Bailey Oster |
| Chartered Accountants | |
| Mellor House | |
| 65-81 St. Petersgate | |
| Stockport | |
| SK1 1DS |
Page 1
UK Friends of SNAC Accounts Approval Statement For The Year Ended 31 December 2020
I approve these financial accounts which comprise a Profit and Loss Account, Balance Sheet and related notes. I acknowledge my responsibility for the accounts including the provision of all the information and explanations necessary for the completion.
............................................................ Mr Bernard Oster
Page 2
UK Friends of SNAC Accountants' Report For The Year Ended 31 December 2020
Chartered Accountants' Report on the Financial Information of UK Friends of SNAC
In accordance with our instructions we have prepared for your approval the financial information of UK Friends of SNAC for the year ended 31 December 2020 which comprises the Profit and Loss account, the Balance Sheet and the related notes from the entity's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to you in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial information of UK Friends of SNAC and state those matters that we have agreed to state to you in this report in accordance with the guidance of ICAEW as detailed at ICAEW Technical Release 08/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the trustee for our work or for this report.
You have approved the financial information of UK Friends of SNAC for the year ended 31 December 2020 and have acknowledged your responsibility for it, for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for its compilation.
We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial information.
Signed
............................................................
Bailey Oster Chartered Accountants Mellor House 65-81 St. Petersgate Stockport SK1 1DS
Page 3
UK Friends of SNAC Profit and Loss Account For The Year Ended 31 December 2020
| Turnover Donations received Cost of Sales Funds transferred to Israel GROSS (LOSS)/PROFIT NET LOSS |
2020 £ £ 33,398 34,960 34,960 (1,562) (1,562) |
2019 £ £ 65,480 63,489 63,489 1,991 1,991 |
2019 £ £ 65,480 63,489 63,489 1,991 1,991 |
|---|---|---|---|
| 1,991 1,991 |
Page 4
UK Friends of SNAC Balance Sheet As at 31 December 2020
| Notes CURRENT ASSETS Cash at bank and in hand CURRENT LIABILITIES Other creditors NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS CAPITAL ACCOUNT Balance at 1 January 2020 Profit/(Loss) for the period/year Balance Carried Forward |
2020 £ £ 801 140 661 661 661 2,223 (1,562) 661 |
2020 £ £ 801 140 661 661 661 2,223 (1,562) 661 |
2019 £ £ 2,363 140 2,223 2,223 2,223 232 1,991 2,223 |
2019 £ £ 2,363 140 2,223 2,223 2,223 232 1,991 2,223 |
|---|---|---|---|---|
| 140 | 140 | |||
| 661 | 2,223 | |||
| 661 | 2,223 | |||
| 2,223 (1,562) |
232 1,991 |
|||
| 661 | 2,223 |
Page 5
UK Friends of SNAC Notes to the Accounts For The Year Ended 31 December 2020
1. Accounting Policy
These unaudited accounts have been completed in accordance with UK Generally Accepted Accounting Practice guidelines and provides sufficient and relevant information to enable completion of a tax return.
Page 6