Friends of Millquarter Fundraising Group Annual Report 31 March 2024
Statement of Financial Activities
at 31 March 2024
| Note | Unrestricted Funds |
Restricted Income Funds |
Endowment Funds |
Total 2024 |
Total 2023 |
|
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | ||
| Incoming Resources | ||||||
| Voluntary Income | - | - | - | - | 80 | |
| Acitivities for generating funds |
4,446 | - | - | 4,446 | 1,775 | |
| Investment Income | - | - | - | - | - | |
| Other incoming resources | - | - | - | - | - | |
| Total incoming resources | 4,446 | - | - | 4,446 | 1,855 | |
| Resources Expended | ||||||
| Cost of generating voluntary income |
- | - | - | - | - | |
| Fundraising trading costs | - | - | - | - | - | |
| Investment management costs |
- | - | - | - | - | |
| Charitable activities | - | - | - | - | - | |
| Governance Costs | - | - | - | - | - | |
| Other resources expended | 4,492 | - | - | 4,492 | 418 | |
| Total resources expended | 4,492 | - | - | 4,492 | 418 | |
| Net incoming/(outgoing) resources before transfers |
(46) | - | - | (46) | 1,437 | |
| Gross transfers between funds |
- | - | - | - | - | |
| Net incoming/(outgoing) resources before other recognised gains/(losses) |
(46) | - | - | (46) | 1,437 | |
| Other recognised gains/(losses) |
- | - | - | - | - | |
| Gains and losses on revaluation of fixed assets for the charity’s own use |
- | - | - | - | - | |
| Gains and losses on investments assets |
- | - | - | - | - | |
| Net movement in funds | (46) | - | - | (46) | 1,437 | |
| Total funds brought forward |
7,592 | - | - | 7,592 | 6,155 | |
| Total funds carried forward |
7,546 | - | - | 7,546 | 7,592 |
1
Friends of Millquarter Fundraising Group Annual Report 31 March 2024
Balance Sheet at 31 March 2024
| Unrestricted funds |
Restricted income funds |
Endowment funds |
Total 2024 |
Total 2023 |
|
|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |
| Fixed Assets | |||||
| Tangible Assets | - | - | - | - | - |
| Investments | - | - | - | - | - |
| Total fixed assets | - | - | - | - | - |
| Current assets | |||||
| Stock | - | - | - | - | - |
| Debtors | - | - | - | - | - |
| Cash at bank and in hand | 7,646 | - | - | 7,942 | 7,942 |
| Total Current Assets | 7,646 | - | - | 7,942 | 7,942 |
| Creditors: Amounts falling due within one year |
- | - | - | - | - |
| Net current assets / (liabilities) |
7,646 | - | - | 7,942 | 7,942 |
| Total assets less current liabilities |
7,646 | - | - | 7,942 | 7,942 |
| Creditors: Amounts falling due after one year |
- | - | - | - | - |
| Provision for liabilities and charges |
100 | - | - | 350 | 350 |
| Net assets | 7,546 | - | - | 7,592 | 7,942 |
| Funds | |||||
| Unrestricted funds | 7,546 | - | - | 7,592 | 7,942 |
| Restricted income funds | - | - | - | - | - |
| Endowment funds | - | - | - | - | - |
| Total funds | 7,546 | - | - | **7,592 ** | 7,942 |
Signed by:
----- Start of picture text -----
Recoverable Signature Recoverable Signature
X X
Chairperson Treasurer
Signed by: 6172f18f-9c41-448d-93b0-32ae61f400c4 Signed by: 6172f18f-9c41-448d-93b0-32ae61f400c4
----- End of picture text -----
2
Friends of Millquarter Fundraising Group Annual Report 31 March 2024
Notes to the Financial Statements at 31 March 2024
- Analysis of Income and Expenditure
Activities for Generating Funds
| Income | Expenditure | Funds Raised | |
|---|---|---|---|
| £ | £ | £ | |
| Easter Bake Sale & Raffle |
2,586 | 47 | 2,539 |
| Christmas Event | 1,218 | 450 | 768 |
| School Disco | 642 | - | 642 |
| 4,446 | 497 | 3,949 |
2. Capital Expenditure
- £3,303 was spent on the purchase of new Ipads.
3. Other resources expended
£124 on bank fees, £100 on Accountant Fees, and £468 on Audit Fees.
1