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2020-12-31-accounts

The Association for Spina Bifida & Hydrocephalus (Belfast & District)

Accounts

for the year ended 31 December 2020

The Association for Spina Bifida & Hydrocephalus (Belfast and District)

Income and Expenditure Account for the year ended 31 December 2020

Income
Subscriptions
Donations over £100
Donations under £100
Caravan rental income
Collection boxes
Investment income
Other
Expenditure
Parties & events
Pool hire
Assistance/help
Caravan expenses
Sundry expenses
Office Expenses
Depreciation
Net income/(Expenditure)
2020
£
£
50
705
192
2450
70
252
3719
280
3685
135
101
2950
7151
-3432
2019 2019
£
280
3685
135
101
£
956
574
200
4427
21
399
2957
£
80
4607
2653
2370
443
110
130
10393
2950
9535
858

The Association for Spina Bifida & Hydrocephalus (Belfast and District)

Balance Sheet as at 31 December 2020

Notes
Fixed assets
Tangible assets
2
Current assets
Prepayments
3
Other debtors
5
Cash at bank & in hand
Current liabilities
Accruals
4
Net current assets
Total assets less current liabilities
Capital Account
Brought forward at 1 January
2019
Surplus/(Deficit) for the year
2020
£
£
26543
35858
35858
-
35858
62401
65833
-3432
62401
2019 2019
£
35858
£
36340
£
29493
36340
35858 36340
- -
65833
64975
858
65833

I approve these accounts and confirm that I have made available all relevant records and information for their preparation.

Chairperson: ____ Date: Alison Crawford Treasurer: ____ Date: Christopher Magill

Notes to the Accounts for the Year Ended 31 December 2020

1 Accounting Policies

1.1 Accounting Convention

The accounts are prepared under the historical cost convention modified when necessary to include the revaluation of certain non current assets.

1.2 Sales

Sales represents the total invoice value of sales made during the year excluding VAT.

1.3 Non Current Assets and Depreciation

Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 10% Reducing Balance Caravan – Straight line over 20 years

2

Closing Bank & Cash Balances on 31 December 2020

Petty Cash at 31/12/2020
Bank balances at
31/12/2020
General liquidity account
1 year account (Fixed
Bond)
Business Current Account
Cash at bank & in hand
£0.00
£5,373.14
£20,100.00
£10,384.73
£35,857.87