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2023-09-30-accounts

MBHS ASSOCIATION UK INCOME AND EXPENDITURE FOR THE YEAR ENDED 30TH SEPTEMBER 2023

1. INCOME
Subscription
Bad Debt Recovered
School Colour
A. FUND RAISING
Family Fun Day
Thanksgiving Service
Jean Fest
Magazine
Bank Interest
Dinner & Dance
B. DONATION
General Donation
Benevolent
Contribution For Methodist Church
Contribution for Professional Services
C. PROJECT
School Building Project
Brass Band Project
Scholarship
Unclasified Income
TOTAL INCOME (1A to 1C)
2. EXPENDITURE
D. FUND RAISING
Family Fun Day
Dinner & Dance
Thanksgiving
Jean Fest
Magazine
Bank Charges
E. DONATION
Other Alumni
Sierra Leone Methodist Church
F. PROJECT
School Building Project
Scholarship
G. OTHERS
School Colour
Postages & Stationery
Professional Services
2022
£
1,680.00
50.00
1,030.50
3,979.90
5,896.30
4,110.90
-
62.85
-
365.00
1,240.00
-
-
475.00
1,300.00
135.00
-
20,325.45
1,793.68
-
3,850.01
2,520.04
-
-
30.00
-
8,165.00
435.41
1,167.51
222.36
-
Benevolent
Bad Debt
Meeting Hall
Unclassified Expenses
TOTAL EXPENDITURE (2D to 2G)
SURPLUS / (DEFICIT)
1,160.00
5.00
70.00
-
19,419.01
906.44

MBHS ASSOCIATION UK BALANCE SHEET AS AT 30TH SEPTEMBER 2023

CURRENT ASSETS
Cash in Hand
Cash at Bank - General Purpose
Cash at Bank - High Interest
Cash at Bank - Scholarship
Debitors - Subscription in Arrears
Debitors - Walworth Methodist Church
Debitors - St. Mark's Hall
Prepayment - Events
CURRENT LIABILITIES
Creditors - Subscription in Advance
Creditors - Deposit Payment - St.Marys
NET CURRENT ASSETS
Represented by:-
ACCUMULATED FUND
Balance 01/10/21 - General Purpose
Balance 01/10/21 - High Interest
Balance 01/10/20 - ScholarShip
Surplus/(Deficit for the year)
2022
£
-
3,080.78
10,062.80
484.40
1,020.00
400.00
300.00
-
15,347.98
315.00
315.00
15,032.98
3,642.19
10,002.85
481.50
906.44

15,032.98

Difference +/- - Signed by : Eustace Thompson-Shaw Signed by: Bankole Jone

(Treasurer) (Auditor)

Submitted by: Archibald Coker

(President)

We are working to improving the education standard in our Alma Mater secondary school The Methodis We celebrated our 150 years of existance on the 6th of April this year. The has a two shift system of edu Our goal now is to change this downward spiral and return the school to a single shift in the next academ We thank our members who have been very supportive of our goals to improve the quality of education As an alumi association we are pleased to present our first annual financial return to the Charity commis

2021

1,740.00 60.00 223.90 - 4,468.67 4,845.69 - - 2.20 - 3,090.00 - - - 3,600.82 - - - 18,031.28 3,519.15 - 3,910.00 -

120.00 18,399.51 2,000.00 448.57 423.76

1,200.00 1,470.00 - 31,490.99 - 13,459.71

2021

3,662.10 20,001.00 3,998.15 - 13,459.71

14,201.54

-

t Boys" High School in Freetown, Sierra Leone. The school was founded on the 6th of April 1974. cation which we believe has impacted on the quality of education for all the students. mic year September 2024.

in our school once again, especially after the end of the brutal civil war, Ebola and Covid-19 pamdemic sion.