## **Micro Charity Accounts (Receipts and Payments Basis)** 

As a micro charity (income under £25,000), we use a **Receipts and Payments** method. **Statement of Financial Activities (Receipts and Payments)** 

Receipts (Money In) 

**From Donations and Legacies** (Incl. Gift Aid) 

**From Charitable Activities** (Fees for services) 

**From Other Trading Activities** (Fundraising) 

**From Investments** (Interest) 

**Total Receipts** 

## **Payments (Money Out)** 

**Expenditure on Charitable Activities** (Grants, Project Costs) 

**Expenditure on Raising Funds** (Fundraising Costs) 

**Governance and Support Costs** (Admin, Insurance) 

**Total Payments** 

**Net Movement of Funds (A - B)** 

## **Statement of Assets and Liabilities (The Balances Sheet)** 

Balances and Funds 

**Cash Funds** (Bank and in Hand) 

**Total Cash Funds** 

**Other Monetary Assets** (e.g., Gift Aid claimed but not yet received) **Liabilities** (e.g., Bills due to be paid) 

## **3. Annual Return (AR24) Key Entries** 

When completing the online **Annual Return (AR24)** , you will input the key totals from the accounts above: AR24 Field **Total Income Total Spending Total Income from Charitable Activities Cash at bank and in hand** 



|||
|---|---|
|Current Year(2024)|Previous Year()|
|1650|0|
|760|0|
|610|0|
|0|0|
|3020|#VALUE!|
|||
|**Current Year(2024)**|**Previous Year()**|
|1027|0|
|0|0|
|319|0|
|1346|0|
|||
||#VALUE!|
|||
|At End of Year(2024)|At Start of Year()|
|1673|0|
|1673|0|
||0|
|0|0|
|0|0|



|At End of Year(2024)|Source in Accounts|
|---|---|
|**3020**|**Total Receipts** (Total A)|
|**1346**|**Total Payments** (Total B)|
|760|Income from Charitable Activities section in Receipts|
|1673|Total Cash Funds(Total C)|