The Classic Partners LLP

Annual Accounts Submission

Preparation and submission of a public trust’s audited annual accounts to the Charity Commissioner in the prescribed schedules — balance sheet, income & expenditure and contribution statement — filed accurately and on time.

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What is Annual Accounts Submission?

Annual accounts submission is the yearly lodging of a public trust’s audited financial statements with the Charity Commissioner. After the financial year ends, the trust must prepare its balance sheet and income & expenditure account in the prescribed schedules, have them audited by a Chartered Accountant, and submit them within the time allowed under the applicable Public Trusts Act.

Filing complete, audited accounts keeps the trust compliant and protects its registration and exemptions. We prepare the schedules, complete the audit under the Trust Act, and lodge everything as part of your Charity Commissioner submissions.

Who Needs to Submit Annual Accounts?

Registered public charitable trusts above the prescribed threshold.
Religious and devasthan trusts maintaining institution funds.
Educational, medical and relief trusts receiving donations or grants.
Trusts claiming income-tax exemption under Section 12A/12AB.
Any trust required by the Charity Commissioner to file audited accounts.

Our Annual Accounts Services

Accounts Preparation

Drawing up receipts & payments, income & expenditure and the balance sheet.

Statutory Audit

Independent audit of the trust’s books by a Chartered Accountant.

Schedule Preparation

Casting the accounts into the schedules prescribed by the Charity Commissioner.

Contribution Computation

Computing the Public Trusts Administration Fund contribution and statement.

Filing with the Charity Commissioner

Lodging the audited accounts within the prescribed time and confirming acceptance.

Compliance Review

Reviewing fund utilisation and records to keep the trust audit-ready year-round.

Why Choose The Classic Partners

Specialised experience with trust accounting and statutory schedules.
End-to-end support — advisory, documentation, and filing handled under one roof.
Timely filing so you never miss a annual filing deadline.
Transparent fees and a dedicated point of contact you can actually reach.

Frequently Asked Questions

When are a trust’s annual accounts due?

Audited accounts must generally be submitted within the period prescribed after the close of the financial year under the applicable Public Trusts Act. We work backwards from that date to keep you on schedule.

Which schedules are used for trust accounts?

Public trusts file their accounts in the schedules prescribed under the Public Trusts Act, typically covering the balance sheet and the income & expenditure account. We prepare the exact schedules your state requires.

Is an audit mandatory before submitting accounts?

Where a trust’s income crosses the prescribed limit, its accounts must be audited by a Chartered Accountant before they are lodged. We handle the audit and the filing together.

What documents are needed to prepare the annual accounts?

Books of account, bank statements, receipts and payment records, donation details, investment proofs, and the previous year’s audited financials and returns.

What are the consequences of late submission?

Delays can attract penalties and scrutiny and may put the trust’s exemptions at risk. Submitting complete audited accounts on time avoids these issues.

Can you submit annual accounts for trusts outside Mumbai?

Yes. We prepare and lodge audited accounts for trusts across locations in line with the Public Trusts Act applicable to your state.

Need your trust’s annual accounts submitted?

We prepare, audit and lodge your trust’s accounts on time, every year.