Charity has a year end of 31 December 2019
The chairmen of the charity I work for left on the 30 June 2019. Before leaving he had made a donation of £1000. In September 2019 he donated £4000 to the charity at a charity gala.
Now we have come to the end of the year and we need to disclose his figure in our related party note for chairmen. Do we disclose £1000 or £5000?
My thought is that it should be £1000 as this was when he was a related party but I need to be spot on with this.
I have looked at Section 9.1-9.32 of the Charity Sorp FRS102 and Section 33 of Frs 102 and this scenario is not touched on, from what I have read. This is covered by the Intermational Accounting Standards but I cant use IAS for reference.
Any help or links that spell this out explicitly would be very much appreciated. Trustee donations are a hop topic for our auditors this year so this has to be right. I did speak to my boss and she is unsure hence why I am here. I have tried everything I can think of.