Unaudited Income and Expenditure Account for the Year Ended 30 June for. Marlow & District Chamber of Trade and Commerce

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1 Unaudited Income and Expenditure Account for Marlow & District Chamber of Trade and

2 Contents of the Financial Statements Page Chartered Accountants' Report 1 Client Approval Certificate 2 Income and Expenditure Account 3 Balance Sheet 4 to Notes to the Financial Statements 5

3 Unaudited Financial Statements Chartered Accountants' Report to Marlow & District Chamber of Trade and In accordance with our terms of engagement we have prepared for your approval the financial statements of Marlow & District Chamber of Trade and for the year ended 30 June 2014 on pages 3 to 6 from the accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. This report is made solely to you, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Marlow & District Chamber of Trade and and state those matters that we have agreed to state to you in this report in accordance with the guidance of ICAEW as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than you for our work or for this report. You have approved the financial statements for the year ended 30 June 2014 and have acknowledged your responsibility for them, for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for their compilation. We have not verified the accuracy or completeness of the accounting records or information and explanations you have given us and we do not, therefore, express any opinion on the financial statements. The Fish Partnership The Mill House Boundary Road Loudwater High Wycombe Bucks. HP10 9QN Date:

4 Unaudited Financial Statements Marlow & District Chamber of Trade and Client Approval Certificate In accordance with the terms of engagement of The Fish Partnership, I approve the financial statements for the year ended 30 June 2014 which comprise the Income and Expenditure Account, the Balance Sheet and the related notes. I acknowledge my responsibility for the financial statements, including the appropriateness of the accounting basis as set out in note 1, and for providing The Fish Partnership with all information and explanations necessary for their compilation.... R. Braybrooke Date:

5 Income and Expenditure Account Income Subscriptions 5,780 3,835 Christmas/LNS 3,605 3,116 Christmas lights Flower beds 579 1,146 Donation Deposit account interest ,230 8,599 Expenditure Insurance Christmas/LNS 1,272 1,743 Christmas lights Advertising - 21 Secretarial costs 2,090 1,890 President honorarium Meeting expenses Flower beds 1,812 2,435 Sundry expenses Competition expenses - 15 Event expenses Accountancy Donations Corporation Tax - (1) 8,229 9,919 EXCESS OF INCOME OVER EXPENDITURE 2,001 (1,320) EXPENDITURE OVER INCOME -3-

6 Balance Sheet 30 June Notes CURRENT ASSETS Prepayments and accrued income 913 1,375 Bank account 3,644 1,691 Barclays tracker account 10,858 10,851 Jewel reserve account 1,836 1,836 17,251 15,753 CURRENT LIABILITIES Accruals and deferred income 756 1,259 16,495 14,494 NET ASSETS 16,495 14,494 FINANCED BY RESERVES AND FUNDS Reserves 3 1,836 5,325 Income and Expense Account 4 14,659 9,169 16,495 14,494-4-

7 Notes to the Financial Statements 1. ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements have been compiled on a basis which enables profits to be calculated in accordance with generally accepted accounting practice and which provides sufficient and relevant information to enable the completion of a tax return. Income Income is primarily derived from Members subscriptions and donations. 2. TANGIBLE FIXED ASSETS Jewel COST At 1 July 2013 and 30 June ,662 DEPRECIATION At 1 July 2013 and 30 June ,662 NET BOOK VALUE At 30 June At 30 June RESERVES Late Jewel Night Replacement Shopping Reserve Reserve Totals At 1 July ,836 3,489 5,325 Transfer to Income and Expense Account - (3,489) (3,489) At 30 June ,836-1,836-5-

8 Notes to the Financial Statements 4. Income & Expense Account Brought forward 9,169 11,637 Add Excess of income over expenditure 2,001 - Transfer from/to Late Night Shopping Reserve 3,489 (1,148) 14,659 10,489 Less Excess of expenditure over income - 1,320-1,320 14,659 9,169 14,659 9,169-6-