## **Southern Light Community Church Annual Report of Trustees 2023 Financial Year** 

In the 2023 financial year, though SLCC remained operative as a separate charity, its operations merged with those of Now Church, and during 2024 the two charities will merge into a new CIO. Therefore as Chair of SLCC’s trustees, I wish to express my immense gratitude to my co-Trustees for their dedicated and committed service, as we hand over those responsibilities to the new organisation. 

In all, we believe these accounts show the Trustee’s ongoing commitment to managing the church effectively and supporting its activities astutely, and we are grateful to you all for your generosity, commitment and support and to God for his blessing. 

Respectfully submitted, 

Professor Andrew Davies Chairman of Trustees, Southern Light Community Church 31 October 2024 

Southern Light Community Church, Tannery Street, Woodhouse S13 7LA Registered with the Charity Commission — Charity No. 1052582 



## **Table of Contents** 

Profit and Loss ................................................................................................................................................3 Balance Sheet .................................................................................................................................................5 

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## **Profit and Loss** 

January - December 2023 

|**Profit and Loss**<br>January - December 2023||
|---|---|
||**Total**|
|INCOME||
|2100 Giving||
|2110 Tithes and Offerings|37,755.42|
|2120 BuildingFund(Designated)|720.00|
|**Total 2100 Giving**|**38,475.42**|
|2200 Community|255.00|
|2210 Foodbank (Designated)|3,424.59|
|2211 Bread/Butter (Designated)|1,470.00|
|2212 Foodbank Utilities(Designated)|300.00|
|**Total 2210 Foodbank (Designated)**|**5,194.59**|
|2220 Community - FoodWorks|30.00|
|2240 Food Hub|2,162.66|
|**Total 2200 Community**|**7,642.25**|
|2230 Cafe|996.04|
|2300 Missions|35.00|
|2301 Missions - General (Designated)|1,014.00|
|2310 NLCC, Gambia (Designated)|225.00|
|2320 WOW(Designated)|725.00|
|**Total 2300 Missions**|**1,999.00**|
|2400 Other Income||
|2420 Room Hire|1,019.00|
|2430 Interest|444.09|
|2440 Miscellaneous Income|240.01|
|2460 Voided|25.00|
|**Total 2400 Other Income**|**1,728.10**|
|**Total Income**|**50,840.81**|
|TOTAL|**50,840.81**|
|EXPENDITURES||
|1100 Ministry and Staff|145.00|
|1110 Payroll Expenses||
|Taxes|1,060.72|
|Wages|3,438.26|
|**Total 1110 Payroll Expenses**|**4,498.98**|
|1120 Ministry Gifts|9,700.00|
|1130 Travel and Accommodation|70.00|
|1140 Ministryresources|1,684.75|
|**Total 1100 Ministry and Staff**|**16,098.73**|
|1200 Community - General|109.50|
|1210 Foodbank|2,646.66|
|1211 Bread & Butter (Global Windows)|291.79|
|1212 Foodbank utilities|400.00|
|1213 DeliveryDrivers|225.00|
|**Total 1210 Foodbank**|**3,563.45**|
|1220 Food Works|110.00|



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||**Total**|
|---|---|
|1230 Hospitality|905.38|
|1240 Cafe|396.52|
|1250 Gift|611.74|
|**Total 1200 Community - General**|**5,696.59**|
|1300 Missions||
|1310 NLCC Gambia|1,090.00|
|1320 WoW|1,750.00|
|1330 CAM International|600.00|
|1340 Steve & Hannah Prosser|840.00|
|1350 Light of the Gospel|600.00|
|1380 Ukraine appeal|10.00|
|**Total 1300 Missions**|**4,890.00**|
|1400 Administration||
|1410 Assemblies of God|840.00|
|1420 Office/General Admin|677.30|
|1430 Computer Costs|441.91|
|1440 Professional Services|1,376.00|
|1450 Equipment|3,851.95|
|**Total 1400 Administration**|**7,187.16**|
|1500 Building||
|1510 Building - Maintenance|1,260.68|
|1520 Insurances|1,278.96|
|1530 Utilities|2,638.28|
|**Total 1500 Building**|**5,177.92**|
|1600 Miscellaneous Expenses||
|1630 Voided|25.00|
|**Total 1600 Miscellaneous Expenses**|**25.00**|
|Payroll Expenses||
|Taxes|58.80|
|Wages|8,591.64|
|**Total Payroll Expenses**|**8,650.44**|
|**Total Expenditures**|**47,725.84**|
|NET OPERATING INCOME|**3,114.97**|
|OTHER EXPENDITURES||
|Now Church(Co-opbank)|45,050.00|
|**Total Other Expenditures**|**45,050.00**|
|NET OTHER INCOME|**-45,050.00**|
|NET INCOME/(EXPENDITURE)|**£ -41,935.03**|



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**Total** 

## **Balance Sheet** 

As of December 31, 2023 

||**Total**|
|---|---|
|FIXED ASSET||
|**Total Fixed Asset**||
|CASH AT BANK AND IN HAND||
|Bank|-1,548.52|
|**Total Cash at bank and in hand**|**-1,548.52**|
|NET CURRENT ASSETS|**-1,548.52**|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||
|**Current Liabilities**||
|Payroll Liabilities||
|HMRC|1,154.40|
|**Total Payroll Liabilities**|**1,154.40**|
|**Total Current Liabilities**|**1,154.40**|
|**Total Creditors: amounts falling due within oneyear**|**1,154.40**|
|NET CURRENT ASSETS(LIABILITIES)|**-2,702.92**|
|TOTAL ASSETS LESS CURRENT LIABILITIES|**-2,702.92**|
|TOTAL NET ASSETS (LIABILITIES)|**£ -2,702.92**|
|CHARITY FUNDS||
|Opening Balance Equity|17,394.49|
|Retained Earnings|21,837.62|
|Surplus/(Deficit)|-41,935.03|
|**Total Charity funds**|**£ -2,702.92**|



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Southern Light Community Church