APPENDIX A
Commonwealth War Graves Commission
SUMMARY OF Receipts anD PAYMENTS FOR THE YEAR ENDED 31 MARCH 1991
BALANCE AT 1 APRIL 1990
RECEIPTS
Funds Received for General Purposes
Funds Received for Special and Agency Purposes
Sundry Receipts
PAYMENTS
General Purposes
Sundry Payments
Special and Agency Purposes
BALANCE AT 31 MARCH 1991
Note
1991
£
1990 £
955,465
1,019,854
234
22,322,561
19,101,927
3
1,593,629 5,630
1,555,039
28,277
£24,877,285
£21,705,097
1647
5
6
22,081,656 1,759,628 5,630 1,030,371
19,212,734
1,508,621
28,277
955,465
£21,705,097
£24,877,285
The summary of receipts and payments above, together with the accompanying notes below, were approved by the Commission on 11 September 1991 and signed on its behalf by:
Robert Ford
John Saynor
Vice-Chairman Secretary
REPORT OF THE AUDITORS
TO THE COMMONWEALTH WAR GRAVES COMMISSION
We have audited the summary of receipts and payments above, together with the accompanying notes below, in accordance with Auditing Standards.
In our opinion the summary presents fairly the receipts and payments of the Commission for the year ended 31 March 1991.
READING
11 September 1991
COOPERS & LYBRAND DELOITTE Chartered Accountants
NOTES TO THE SUMMARY OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 MARCH 1991
1. ACCOUNTING POLICIES
(a) Basis of accounting
Receipts and payments are accounted for in the year in which they are made with the exception of certain minor recurring items which are accounted for on an accruals basis. (b) Foreign Currency Translation
Transactions and balances denominated in foreign currencies are translated at fixed rates of exchange set for the whole of the financial year. Balances held at 31 March are re-translated at the rate of exchange ruling on that date. The net effect of exchange adjustment arising from currency translation is shown as a separate item within the Account (Note 5).
2. FUNDS REceived for GENERAL PURPOSES
Income from the Trustees of the Imperial War Graves
Endowment Fund
28
Other Investment Income (Note 8)
Member Governments' Grants
1991
1990
£
£
717,072 319,269
556,000
263,239
21,286,220
18,282,688
£22,322,561 £19,101,927
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