' Treasurer s Report for the Financial Year 2022-23
Introduction
This report provides an overview of the financial activities and position of the organization for the financial year 2022-23. It includes a summary of income, expenditure, and the reconciliation of the bank balance.
Income
The total income for the year amounted to £3,843.45 , which was derived from the following
sources:
-
Fundraising Activities : £3,795.16
-
Interest Earned : £17.80
-
Other Income : £30.49
Expenditure
The total payments made during the year were £1,966.43 , which included:
-
Payments via Standing Orders, Direct Debits, or Cheques: £1,966.43
-
Payments via BACS: £0.00
Bank Reconciliation
The bank reconciliation as of the end of the financial year is as follows:
-
Opening Balance (Carried Forward) : £2,815.80
-
Receipts : £3,843.45
-
Sub-Total : £6,659.25
-
Payments : £1,966.43
-
Closing Balance : £4,692.82
The closing balance matches the bank statement balance of £4,692.82 , with no discrepancies.
Conclusion
The organization remains in a stable financial position, with a positive closing balance of £4,692.82 . All income and expenditure have been accounted for, and the bank reconciliation confirms the accuracy of the financial records.