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Get the free Balance Sheet31 March 2022 - Alderley Edge Parish Council - alderleyedge-pc gov

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05/04/2022Alderley Edge Parish Council11:59Balance Sheet as at 31 March 202231st March 202131st March 2022 Current Assets9,600Debtors6,811Prepayments234,482Current Bank A/c150Bar Float86,703Unity
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01
List all assets owned by the company as of 31 March 2022.
02
Determine the current market value of each asset and record it in the balance sheet.
03
List all liabilities, including debts and obligations, as of 31 March 2022.
04
Calculate the total value of assets and liabilities.
05
Calculate the difference between total assets and total liabilities to determine the company's equity as of 31 March 2022.

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A balance sheet as of 31 March shows the financial position of a company on that specific date.
All companies are required to file their balance sheet as of 31 March with the relevant authorities.
A balance sheet as of 31 March should be filled out by including assets, liabilities, and equity as of that date.
The purpose of a balance sheet as of 31 March is to provide a snapshot of a company's financial position at the end of the fiscal year.
Information such as assets, liabilities, and equity must be reported on the balance sheet as of 31 March.
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