| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 5 | |
| independent Examiner's |
Report | |||
| Statemmst ofFinancial |
Activities | |||
| Statement ofFinancial | Position | |||
| tstotes to the Financial Statements | 9 | to | 13 | |
| Detailed Statement of Financial Activities | 14 |
| for | the Year Ended 31 March | 2022 | |||
|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||
| Um'estncted | Total | ||||
| fund | funds | ||||
| Notes | |||||
| INCOME AND ENDOWMENTS Donations and legacies |
FROM | 123,535 | 19,749 | ||
| Other trading activities Invesnnent income |
7,370 1 |
1,400 2 |
|||
| Total | 130,906 | 21,151 | |||
| EXPENDITURE ON Raising funds |
118,803 | 20,312 | |||
| Other | 825 | 205 | |||
| Total | 119,628 | 20,517 | |||
| NET INCOME | 11,278 | 634 | |||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | fomvard | 30,792 | 30,158 | ||
| TOTAL FUNDS CARRIED FORWARD | 42,070 | 30,792 |
| Statenient ofFinancial Position 31March 2022 |
|||
|---|---|---|---|
| 31.3.22 | 31.3.21 | ||
| Total | Total | ||
| funds | funds | ||
| Notes | 8 | f, | |
| FIXEDASSETS Tangible assets |
1,489 | 2,314 | |
| CURRENT ASSETS Stocks |
916 250 |
213 | |
| Debtors Cash at bank and hi hand |
41,917 | 31,091 | |
| 43,083 | 31,304 | ||
| CREDITORS Amounts falling due within one year |
10 | (2,502) | (2,826) |
| NET CURRENT ASSETS | 40,581 | 28,478 | |
| TOTAL ASSETS LESSCURRENT LIABILITIES |
42,070 | 30,792 | |
| NET ASSETS | 42,070 | 30,792 | |
| FUNDS Unrestricted funds |
42,070 | 30,792 | |
| TOTAL FUNDS | 42,070 | 30,792 |
| OTHERTRADINGACTIVITIES | |||
|---|---|---|---|
| . | 31.3.22 | 31.3.21 | |
| 8 | |||
| Sponsorships | 7,370 | 1,400 | |
| 3. | INVESTMENT INCOME | 31.3.22 | 31.3.21 |
| 8 | |||
| Deposit account interest | 1 | 2 | |
| 4. | NET INCOME/(EXPENDITURE) | ||
| Net incense/(expenditure) is stated after charging/(crediting): |
|||
| 31.3.22 | 31.3.21 | ||
| Depreciation - owned assets Events and venue hire |
825 98,056 |
205 2,040 |
| COMPARATIVESFOR THK STATEMENT OF FINANCIAL ACTIVITIES | |
|---|---|
| Um estricted | |
| fund | |
| 8 | |
| INCOME AND ENDOWMENTS FROM Donations and legacies |
19,749 |
| Other trading activities Invesnnent income |
1,400 2 |
| Total | 21,151 |
| EXPENDITURE ON Raising funds |
20,312 |
| 205 | |
| Other | |
| Total | 20,517 |
| NET INCOME | 634 |
| Notes to the Financial Statements - continued for the Year Ended 31 March 2022 |
Notes to the Financial Statements - continued for the Year Ended 31 March 2022 |
Notes to the Financial Statements - continued for the Year Ended 31 March 2022 |
||
|---|---|---|---|---|
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | ||||
| Unrestricted | ||||
| fund | ||||
| TOTAL FUNDS CARRIED FORWARD | 30,792 | |||
| 7. | TANGIBLE FIXED ASSETS | |||
| Fixmres | ||||
| and | Computer | |||
| fittings | equipment | Totals | ||
| 8 | ||||
| COST | ||||
| At I April 2021 and 31 March 2022 | 1,092 | 1,700 | 2,792 | |
| DEPRECIATION | ||||
| At 1 April 2021 Charge for year |
478 258 |
567 | 478 825 |
|
| At 31 March 2022 | 736 | 567 | 1,303 | |
| NET BOOK VALUE | ||||
| At 31 March 2022 | 356 | 1,133 | 1,489 | |
| At 31 March 2021 | 614 | 1,700 | 2,314 | |
| 8. | STOCKS | 31.3.22 | 31.3.21 | |
| Stocks | 916 | 213 | ||
| 9. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | 31.3.22 | 31.3,21 | |
| Other debtors | 250 |
| for the Ye | for the Ye | for the Ye | ar Ended 31 March 2022 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 10. | CREDITORS: | AMOUNTS | FALLING DUE | WITHIN ONE YEAR | 31.3.22 | 31.3.21 | |||
| Trade creditors Accruals and defened income |
78 2,424 |
402 2,424 |
|||||||
| 2,502 | 2,826 | ||||||||
| 11. | MOVEMENT | IN FUNDS | Net | ||||||
| movement | At | ||||||||
| At 1.4.21 | in funds | 31.3.22 | |||||||
| Unrestricted General fund |
funds | 30,792 | 11,278 | 42,070 | |||||
| TOTAL FUNDS | 30,792 | 11,278 | 42,070 | ||||||
| Net tnovement | in funds, included in the |
above | are as follows: | ||||||
| Incoming | Resources | Movement | |||||||
| resources | expended | in funds | |||||||
| Unrestricted General fund |
funds | 130,906 | (119,628) | 11,278 | |||||
| TOTAL FUNDS | 130,906 | (119,628) | 11,278 | ||||||
| Comparatives | for ntovement | in funds | |||||||
| Net | |||||||||
| movement | At | ||||||||
| At 1.4.20 | in funds | 31,3.21 | |||||||
| f, | |||||||||
| Unrestricted General fund |
funds | 30,158 | 634 | 30,792 | |||||
| TOTAL FUNDS | 30,158 | 634 | 30,792 | ||||||
| Comparative | net ntovement | in funds, | included | in the above are as follows: | |||||
| Illcomhlg | Resources | Movement | |||||||
| resources | expended | in funds | |||||||
| Unrestricted General fund |
funds | 21,151 | (20,517) | 634 | |||||
| TOTAL FUNDS | 21,151 | (20,517) | 634 |
| Liverpool Medical Students' Society |
|||||
|---|---|---|---|---|---|
| Detailed Statement | ofFinancial | Activities | |||
| for the Year Ended 31March | 2022 | 31.3.22 | 31.3.21 | ||
| f, | f, | ||||
| INCOME AND ENDOWMENTS | |||||
| Donations and legacies Donations Charity event income memberships |
1,467 48,301 73,767 |
2,754 16,995 |
|||
| 123,535 | 19,749 | ||||
| Other trading activities Sponsorships |
7,370 | 1,400 | |||
| Investment income |
|||||
| Deposit account interest | |||||
| Total incoming resources |
130,906 | 21,151 | |||
| EXPENDITURE | |||||
| Raising donations and legacies Events and venue hire Committee expenses Postage and stationery Merchandise Donations given Accountancy Subscription Bank charges Insurance |
98,056 2,041 1,156 7,533 3,863 2,100 1,014 2,457 1,285 |
2,040 213 1,153 7,560 3,957 2,436 956 68 1,285 |
|||
| 119,505 | 19,668 | ||||
| Other trading activities |
212 | 856 | |||
| Opening stock Closing stock |
(914) | (212) | |||
| (702) | 644 | ||||
| Other | 258 | 205 | |||
| Fixtures and fittings | 567 | ||||
| Computer equipment |
|||||
| 825 | 205 | ||||
| Total resources expended | 119,628 | 20,517 | |||
| Net income | 11,278 | 634 |