SCHEDULE 3Receipts and Payments Accounts
PART 1Information to be shown on the receipts and payments account and on the statement of balances
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The following payments in particular, if any, shall be shown separately:–
a
expenses for fundraising activities;
b
gross trading payments;
c
investment management costs;
d
payments relating directly to charitable activities, detailing material items;
e
grants and donations relating directly to charitable activities;
f
governance costs relating to–
i
audit or independent examination;
ii
preparation of annual accounts; and
iii
legal costs associated with constitutional matters or trustee advice;
g
purchases of fixed assets; and
h
purchase of investments.