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12/10/2024Boyatt Wood Parish Council11:40Balance Sheet as at 30/09/202431st March 202431st March 2025 Current Assets5,390VAT Control A/c172Prepayments7,873 058,049Lloyds current account66,7590CCLA
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Gather financial data: Collect all necessary financial data including assets, liabilities, and equity.
02
List assets: Arrange current and non-current assets in the balance sheet, starting with the most liquid assets.
03
List liabilities: Arrange current and non-current liabilities, ensuring all outstanding obligations are accounted for.
04
Calculate equity: Derive shareholder's equity by subtracting total liabilities from total assets.
05
Format the balance sheet: Present the balance sheet in a clear format ensuring that total assets equal total liabilities plus equity.

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Business owners: To understand the financial position of their business.
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Investors: To assess the company’s stability and investment potential.
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Creditors: To evaluate the creditworthiness of the business before extending loans.
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Management: For internal analysis and strategic planning.
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Regulatory agencies: To ensure compliance with financial reporting standards.
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A balance sheet as at is a financial statement that summarizes a company's financial position at a specific point in time, detailing its assets, liabilities, and equity.
Corporations, limited liability companies, and other businesses that are legally required to report their financial status to regulatory agencies must file a balance sheet as at.
To fill out a balance sheet as at, list all assets on one side, including current and non-current assets, and list all liabilities and equity on the other side, ensuring that the total assets equal the total liabilities plus equity.
The purpose of a balance sheet as at is to provide stakeholders with a snapshot of the company's financial health, allowing them to assess liquidity, financial stability, and capital structure.
A balance sheet as at must report total assets, total liabilities, and total equity, along with details of current and non-current assets and liabilities.
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