**GRASSROOTS MTB NIC 109077**
## **Accounts**
**For the year ended 31 December 2024**
## **GRASSROOTS MTB**
## **Contents**
||**Page**|
|---|---|
|Accounts|1|
|Statement of Financial Activities|2|
|Statement of Assets and Liabilities|3|
|Notes to the Accounts|4|
## **GRASSROOTS MTB**
## **Statement of Financial Activities for the year ended 31 December 2024**
||**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2024**
**2023**|
|---|---|
|Income and Expenditure|**£**
**£**
**£**
**£**|
|Income||
|**Grants**|-
-
-
-|
|**Donations**|-
-
-
12|
|Total Income|**-**
**-**
**-**
**12**|
|||
|Expenditure||
|**Equipment**|-
-
-
-|
|
**Insurance**|-
-
-
-|
|**Other **|-
-
-
-|
|Total Expenditure|**-**
**-**
**-**
**-**|
|||
|Net Income/(Outgoings)|**-**
**-**
**-**
**12**|
## **GRASSROOTS MTB**
**Statement of Assets and Liabilities as at 31 December 2023**
||2024
2023|
|---|---|
||**£**
**£**|
|**Current Assets**||
|Cash at Bank and in hand|1,576
1,576|
|**Net Current Assets**|**1,576**
**1,576**|
|**Total Assets Less Current Liabilities**|**1,576**
**1,576**|
|||
|Represented by||
|Funds||
|**Restricted**|**-**
**-**|
|**Unrestricted**|1,576
1,576|
||**1,576**
**1,576**|
Approved by the Committee on 2[nd] May 2025 and signed on their behalf by:
________________ **Bernard McClure Chairman**
## **GRASSROOTS MTB**
## **Notes to the Accounts**
## **1. Statement of accounting policies**
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the Club’s financial statements.
## **Basis of preparation**
These financial statements have been prepared under Accounting and Reporting by Charities: Statement of Recommended Practice FRS102 (Charities SORP FRS102).