Mumbi Trust Annual Financials for 1 Year

After bookkeeping, we take the information from Trust Bookkeeping (Management Accounts/Trial balance) and prepare financial statements / report for the year.

In getting the Trust Annual Financial Statements (AFS) compiled,  the following documents are produced in line with the Trust Deed and property Control.

• Balance Sheet (Statement of Financial Position)
• Profit and Loss (Income & Expenditure Statement)
• Cumulative Profit and Loss

The Annual Financial Statements are presented to the Trustees for approval and signatures. This process is minuted as part of AGM and resolution of acceptance is created in line with Best Practice for running a Trust.