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15/07/2024Boyatt Wood Parish Council14:02Balance Sheet as at 30/06/202431st March 202431st March 2025 Current Assets5,390VAT Control A/c172Prepayments58,049Lloyds current account5,960 0 90,90963,61196,86963,611
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How to fill out balance sheet as at

01
Gather all financial information and records for the period up to the balance sheet date.
02
List all assets, segregating them into current and non-current assets.
03
Calculate the total of current assets and non-current assets to find total assets.
04
List all liabilities, dividing them into current and non-current liabilities.
05
Calculate the total of current liabilities and non-current liabilities to find total liabilities.
06
Calculate equity by subtracting total liabilities from total assets.
07
Ensure that the total assets equal the total liabilities and equity, confirming that the balance sheet is balanced.

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A balance sheet as at is a financial statement that provides a snapshot of a company's assets, liabilities, and equity at a specific point in time.
Companies, including corporations and certain partnerships, are required to file balance sheets as part of their financial reporting obligations, often mandated by regulatory authorities.
To fill out a balance sheet as at, list all assets on the left side, categorize them into current and non-current, then list liabilities and equity on the right side, ensuring that the equation assets = liabilities + equity holds true.
The purpose of a balance sheet as at is to provide stakeholders with a clear picture of a company's financial position, facilitating informed decision-making and assessing the company's stability.
A balance sheet as at must report total assets, total liabilities, and owner's equity, along with detailed line items for each category, such as cash, inventory, accounts payable, and retained earnings.
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