MIKHAELANGELO FOUNDATION
FINANCIAL STATEMENTS
FOR THE YEAR ENDING 31 MARCH 2025
STONEBRIDGE ACCOUNTANTS 19A CHORLEY OLD ROAD BOLTON BL1 3AD
INDEPENDENT EXAMINERS' REPORT
TO THE MEMBERS OF MIKAELANGELO FOUNDATION.
We have prepared without carrying out an audit and conducted an Independent Examination of the Balance Sheet and Income and Expenditure Statement for the year ending 31st March 2025.
We have not come across anything during our examination that gave us reasonable cause to believe that in any material respect:
-
proper accounting records have not been kept.
-
the Balance Sheet and Income and Expenditure Statement conflict with records.
We have not identified anything that should be drawn to the readers' attention for a proper understanding of the Balance Sheet and Income and Expenditure Statement.
__________ Honorary Independent Examiner
STONEBRIDGE ACCOUNTANTS 19A CHORLEY OLD ROAD BOLTON BL1 3AD
18 January 2026
MIKHAELANGELO FOUNDATION
BALANCE SHEET AS AT 31 MARCH 2025
| FIXED ASSETS Fix & Fittings, Motor Vehicles, Etc…. CURRENT ASSETS Cash at Bank Cash in Hand CURRENT LIABILITIES Accrual Net Current Assets / (Liabilities) NET ASSETS REPRESENTED BY: ACCUMULATED FUNDS Balance B/Fwd Surplus/(Deficit) for the Year Balance C/Fwd |
£ 1,990 - |
2025 £ - 1,270 1,270 3,578 (2,307) 1,270 |
£ 3,578 - |
2024 £ - 3,578 |
2024 |
|---|---|---|---|---|---|
| 1,990 | 3,578 | ||||
| 720 | - | ||||
| 3,578 | |||||
| 820 2,758 |
|||||
| 3,578 |
MIKHAELANGELO FOUNDATION
INCOME AND EXPENDITURE STATEMENT
FOR THE YEAR ENDING 31 MARCH 2025
| £ INCOME Donations 8,618 Other Income - LESS : EXPENSES Donations 9,282 Rent & Rates - Heat & Light - IT Equipment 67 Printing , Stationery and Books - Travel & Motor Expenses - Project Costs - Equipment Costs - Premises Expenses - Advertising 668 Accountancy Fees 720 Telephone 188 Policing Costs - Bank Charges & Interest - Food Costs - Sundry Expenses Depreciation - EXCESS OF INCOME/(DEFICIT) OVER EXPENDITURE |
£ 8,618 - |
2025 £ 8,618 10,925 (2,307) |
£ 6,348 - |
2024 £ 6,348 3,591 |
2024 |
|---|---|---|---|---|---|
| 9,282 - - 67 - - - - - 668 720 188 - - - - |
1,360 - - 742 - 321 - - - 748 - 274 - - - 146 - |
||||
| 2,757 |
MIKHAELANGELO FOUNDATION
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDING 31 MARCH 2025
| RECEIPTS PAYMENTS £ 8,618 DONATIONS EXPENSES (PG 3) - INTEREST ACCRUAL PAYE/NIC COSTS B/FWD LOANS PAID 3,578 BANK BALANCE B/FWD BANK BALANCE C/FWD CASH IN HAND B/FWD CASH IN HAND C/FWD 12,196 |
£ 10,925 1,990 |
|---|---|
| 12,915 |