Year end 2019 – When will Audited Accounts be available?
I have been getting quite a few questions asking when the consolidated accounts will be available. Creating these accounts is a huge job and this year made even harder with all the work around the amalgamation of the Associations, this process cannot be started until all our centres have completed their finance pack (almost there – good work!) then it takes me about a month to compile all the accounts. These then need to be audited which can easily take in excess of 6 weeks. So please be patient with us, we are on it and working our fastest and expect these to be complete and audited by early January.
Most Grantors are aware that large charity accounts take up to 6 months to complete and audit and usually accept accounts up to 18 months old. However, if your centre is applying for a grant that specifically needs an updated report I am able to provide your centre with an individual set of Management accounts (called a spotlight report) which I can review and sign as Playcentres in-house Chartered Accountant.
Feel free to send me (Marina) an email on [email protected]
Changing names and making new codes in your centre chart of accounts
We often get asked if centres can change names or make new codes in their chart of accounts, yes you can however it can make our consolidation more difficult and time consuming. This year I have just mapped over 2000 different P&L codes and that takes quite some doing.
However, you can still change names but to help me out could you do me a favour and follow one simple rule to make my mapping at year end nice and easy.
Please use the generic term within the name so I can search and filter e.g. use the word, fundraiser, grant, wages, maintenance etc in the header preferably first.
e.g. “Fundraising – 2019 Bake sale” as opposed to “2019 Bake sale”
Then I don’t mind how many you add 🙂
Doubling down on mental health – Some help from our Playcentre Partners Xero and MYOB
We wanted to let you know about a couple of great new initiatives being promoted by some of our product providers Xero and MYOB to address mental wellness. Robust mental health has been shown to reduce stress and anxiety, improve sleep, increase the ability focus, improve decision making, develop increased empathy and improve relationships to name just a few benefits so we encourage all Playcentre volunteers and employees to accept these invitations to access mental health support programmes dedicated to improving you and your family’s health and wellbeing.
- Xero Assistance Programme is available to all Playcentre volunteers, employees and their families. Get free and 100% confidential support for you or anyone in your family. Help is available for anything from work, financial or family challenges to depression, drug and alcohol or social problems (no issue is too big or small). XAP gives you access to face-to-face, telephone, live chat or online counselling in a way that suits you. Please click on the link below for more information.
- Smiling Mind is a unique tool developed by psychologists and educators to help bring balance to your life. Download the free app to access a daily mindfulness and meditation guide that provides free programmes for children and adults. Click on the link below for more information and to download the app