Management Report
Vision4kids
For the period ended 31 March 2024
Prepared by Potter Finnegan Limited
Prepared on 24 September 2024
For management use only
Table of Contents
Profit and Loss ................................................................................................................................................3 Balance Sheet .................................................................................................................................................4 Statement of Cash Flows ................................................................................................................................5
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Profit and Loss
April 2023 - March 2024
| Profit and Loss April 2023 - March 2024 |
|
|---|---|
| Total | |
| INCOME | |
| UK 1000 UK Income | |
| UK 1900 UK building fund | 1,275.00 |
| UK 1100 Child Sponsorship | 8,280.00 |
| UK 1150 Donations | 9,003.12 |
| UK 1200 Fund Raising Income | 30,587.96 |
| UK 1250 Gift Aid | 7,479.56 |
| UK 1400 Mission Trip Funding Income | |
| AUG2023 Mission Trip | 23,010.18 |
| Total UK 1400 Mission Trip Funding Income | 23,010.18 |
| UK 1450 Deputation Meetings Income | 1,391.11 |
| UK 1600 Income from Sale of Goods | 420.00 |
| UK 1610 UK Income Amazon smile | 25.51 |
| UK 1650 Interest Received | 359.53 |
| UK 1750 Donations for School | 4,015.00 |
| UK 1760 Library book appeal | 60.00 |
| UK 1800 UK Income Christmas Club | 430.00 |
| UK 1850 UK Income Flights savings | 6,900.00 |
| Total UK 1000 UK Income | 93,236.97 |
| uk 1760 Special school | 2,203.68 |
| Total Income | 95,440.65 |
| TOTAL | 95,440.65 |
| EXPENDITURES | |
| UK 3000 Insurance Costs | 1,647.24 |
| UK 3200 Printing, Postage and Stationery | 1,403.18 |
| UK 3300 Travel and Accommodation | 13,256.09 |
| UK 3310 Mission Trip expenses other | 2,398.53 |
| UK 3400 Phone Costs | 319.84 |
| UK 3500 Computer Costs | 525.76 |
| UK 3610 Subscriptions | 264.00 |
| UK 3950 Bank charges | 90.16 |
| UK 3999 Uncategorised Expense | 0.01 |
| UK 4010 Kenya New NGO bank account | 26,035.00 |
| UK 4050 kellysponsorshipchildren | 1,145.52 |
| Total Expenditures | 47,085.33 |
| NET OPERATING INCOME | 48,355.32 |
| OTHER EXPENDITURES | |
| UK 4000 Kenya Transfer Samson | 42,535.00 |
| Total Other Expenditures | 42,535.00 |
| NET OTHER INCOME | -42,535.00 |
| NET INCOME/(EXPENDITURE) | £5,820.32 |
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Vision4kids
Balance Sheet
As of March 31, 2024
Total
FIXED ASSET
Total Fixed Asset
| Total Fixed Asset | |
|---|---|
| CASH AT BANK AND IN HAND | |
| UK 7000 Bank Accounts | |
| UK 7100 General Bank Account | 14,911.29 |
| UK 7200 Building Fund Account | 1,516.05 |
| UK 7300 Blessed Hill Academy School Account | 16,072.42 |
| UK 7500 Christmas Club | 1,697.88 |
| UK 7600 Austrian Trek | 0.01 |
| Total UK 7000 Bank Accounts | 34,197.65 |
| Total Cash at bank and in hand | 34,197.65 |
| NET CURRENT ASSETS | 34,197.65 |
| NET CURRENT ASSETS(LIABILITIES) | 34,197.65 |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 34,197.65 |
| TOTAL NET ASSETS (LIABILITIES) | £34,197.65 |
| CHARITY FUNDS | |
| UK 9000 Opening Balance Equity | 20,520.97 |
| UK 9500 Retained Earnings | 7,856.36 |
| Surplus/(Deficit) | 5,820.32 |
| Total Charity funds | £34,197.65 |
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Vision4kids
April 2023 - March 2024
Statement of Cash Flows
| Statement of Cash Flows April 2023 - March 2024 |
|
|---|---|
| Total | |
| OPERATING ACTIVITIES | |
| Net Income | 5,820.32 |
| Adjustments to reconcile Net Income to Net Cashprovided byoperations: | |
| Net cashprovided by operating activities | 5,820.32 |
| NET CASH INCREASE FOR PERIOD | 5,820.32 |
| Cash at beginningofperiod | 28,377.33 |
| CASH AT END OF PERIOD | £34,197.65 |
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Vision4kids