INCOME AND EXPENDITURE STATEMENT FOR THE 202__-202__ FINANCIAL YEAR

1 APRIL 202__ – 31 MARCH 202__

A. INCOME

(This is all the money that came into the bank account from 1 April the previous year to 31 March the current year. For reporting purposes, 

the income is usually broken down into meaningful parts. You can choose any meaningful parts, but we just show the balances here)

1. Balance as at (beginning of your financial year)  R ________________

(This is all the money that’s left in the bank and cash belonging to the Forum on 1 April in the previous year)

2. Donation received R ________________

(This is all the money received from private individuals, companies, churches, mosques, and fund-raising events between 1 April and 31 March)

3. Registration/Re-Registration Funding from the Department of Community Safety  R ________________

(A.I Balance + A.2 Donations + A.3 Funding)  R ________________

B  EXPENDITURE

(Once again, this is all the money that was paid out of the bank account – or from cash belonging to the Forum between 1 April and  31 March. We have given some sample entries but your entries will reflect your own activities and decisions about expenditure. All expenditure must be included in some heading or other, or under its own heading) 

1. Workshop/Training Expenses  R ________________

(This will include all hall hire, transport, catering, the payments of a facilitator, and so on. If there was more than one workshop in the 

current financial year, then all workshop expenses for the year can be lumped together under this one heading)

2. Equipment Expenses R _______________

3. Stationery Purchases  R ________________

(This can include the cost price of all notepads, pens, photocopy paper and so on, but it can also include printing and photocopying itself.

 If there is some stock left over from the previous year, you can always add it in as a ‘Stock on hand” at cost price under “INCOME” above.)

4. Bank Costs  R ________________

(These will include all the costs shown on your bank statements, other than cheques issued and cash withdrawn. If any interest is earned from the bank or Savings Account, or other forms of investments, then it must be shown under ‘INCOME” above.)

(B.1 Workshops + B.2 Camp + B.3 Stationery + B.4 Bank)          R ________________

C TOTAL INCOME A MINUS TOTAL EXPENDITURE B

( If the income is more than the expenditure, we call it “Surplus” and this is usually carried over into the following financial year and reflected 

as in A.1 above. But if the expenditure is more than the income, we call it ‘Deficit” and this is also taken over into the new financial year. 

TO BE TAKEN AWAY from the new income. In ordinary business, this is called “Profit” and “Loss”.                    R_______________

AUTHORISED BY

__________________________

____________________________ 

__________________________

TREASURER

CHAIRPERSON 

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