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BardetBiedl Syndrome UK Registered Charity Nos: 1027384 and SCO41839TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2016 FORBARDETBIEDL SYNDROME UKBardetBiedl Syndrome UK Report of the
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How to fill out trustees report and accounts
How to fill out trustees report and accounts
01
Gather all financial records, including income and expenditure statements.
02
Collect details of assets and liabilities.
03
Compile a summary of the charity's activities during the reporting period.
04
Ensure that all records comply with the relevant accounting standards.
05
Complete the trustee report, detailing governance and compliance information.
06
Prepare the accounts section, including balance sheet and income statement.
07
Review the entire report for accuracy and ensure it is understandable.
08
Obtain approval from the board of trustees before submission.
Who needs trustees report and accounts?
01
Charity Commission for regulatory purposes.
02
Potential donors and funders to assess financial health.
03
Current donors for accountability.
04
Internal stakeholders, including board members and employees.
05
Auditors for financial review.
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What is trustees report and accounts?
A trustees report and accounts is a formal document that provides an overview of the financial performance and activities of a trust during a specified period, typically annual. It includes information on income, expenditures, assets, and the management of the trust.
Who is required to file trustees report and accounts?
Trustees of registered charities and certain other organizations, such as trusts that hold charitable status, are generally required to file trustees report and accounts.
How to fill out trustees report and accounts?
To fill out a trustees report and accounts, gather financial data such as income, expenditures, and any other relevant information about the trust's activities. Use the prescribed format provided by the relevant regulatory body, ensuring all necessary sections are completed accurately.
What is the purpose of trustees report and accounts?
The purpose of trustees report and accounts is to provide transparency and accountability about the trust's financial status and activities to stakeholders, including beneficiaries, regulatory bodies, and the general public.
What information must be reported on trustees report and accounts?
The report must include details on income sources, expenditures, assets and liabilities, the activities undertaken by the trust, and any significant events that occurred during the reporting period.
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