CHARITY REGISTRATION NUMBER: 1087079
# Emmanuel Christian Centre Pembrokeshire Unaudited Financial Statements 31 March 2024
## PRITCHARD & CO
Chartered accountants Ffynnonddofn 74 High Street Fishguard Pembrokeshire SA65 9AU
Emmanuel Christian Centre Pembrokeshire
## Financial Statements
## Year ended 31 March 2024
||Page|
|---|---|
|Trustees' annual report|1|
|Independent examiner's report to the trustees|4|
|Statement of financial activities|5|
|Statement of financial position|6|
|Notes to the financial statements|7|
|The following pages do notform part ofthe financial statements||
|Detailedstatementoffinancialactivities|15|
Emmanuel Christian Centre Pembrokeshire
## Trustees’ Annual Report
## Year ended 31 March 2024
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2024.
## Reference and administrative details
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||||||||
|---|---|---|---|---|---|---|
|Registered|charity|name|Emmanuel|Christian|Centre|Pembrokeshire|
|Charity|registration|number|1087079|
|Principal|office|87|Pembroke|Rd|
|Haverfordwest|
|Pembrokeshire|
|SA61|1LN|
|The|trustees|
|Mrs|A|Williams|
|Mr|C|Van|der|Spoel|
|Mr|M|Palmer|
|Mr|N|Gregson|
|Mrs|S|Palmer|
|Independent|examiner|Stephen|Davies|FCCA|
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The trustees
## Structure, governance and management
The trustees have considered the Charity Commission guidance on public benefit reporting and present the following report from our charity, highlighting the last year’s activities in accordance with the aims of our Trust Deed.
Emmanuel Christian Centre is the Charity, having three core work sections: a church, a summer mission and an all year round schools ministry. We support a full-time pastor for the church. We also support a church member working as a volunteer with the charity “Walk through the Bible” in the primary schools throughout Pembrokeshire and another church member now working in Ireland with the charity Operation Mobilization. We keep an up-to-date record of all our Children Protection details and Data protection details.
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## Emmanuel Christian Centre Pembrokeshire Trustees’ Annual Report (continued) Year ended 31 March 2024
## Objectives and activities
The aims of the charity are “to advance the Christian faith primarily in the area of Pembrokeshire and South Wales in accordance with the statement of doctrine and basis of faith contained in the First Schedule hereto. “
Our Sunday morning services have an average congregation of about 100. We continue to live stream our services which helps those who are unable to attend and enables many in our community to join online. Once again during the summer we held outdoor services in the marquee, with many families joining us who wouldn't usually come on a Sunday.
During the summer holidays we took a team to Saundersfoot to run a morning holiday club in the school, joined by members of a local church. Around 60 children attended. In the afternoon the team went down to the beach where, after a games session, they presented the same programme that had been done at the holiday club. The following week we ran a holiday club at Emmanuel with an average of 70 children from the local communities attending every morning. After a busy programme of games, songs, craft and stories, the children were all given a free lunch before going home. Some of the team also joined with a church in London to help them with their mission, using the same material for their programme. Every Friday evening during term time we have Rainbow Club for 4 to 10 year olds. There are 35 children on the register. Monday night is Youth Life group with between 18 to 24 young people regularly attending. We have four adult Life groups which meet in different locations in the county on various evenings during the week. Tuesday and Wednesday mornings are when we run the Babies and Toddlers groups. These are always busy, with around 30 little ones at each session. These sessions are greatly appreciated, providing a safe place for play, and a time for adults to share and chat. Refreshments are supplied for the children and parents.
Once more at Christmas we held ‘a Christmas Experience’ where children and adults were taken through different scenes a group at a time. Starting with a winter wonderland, then going on to meet various characters from the Christmas story. This was a free event which we put on for four days. Many of the local Primary schools came as well as 300 from our local community. Each child received a goody bag to take home. The community carol service was held at the church as well and the church was full.
Our annual Alive festival was once again well attended with hundreds of families from the area coming to enjoy games, craft, free hot dogs and ice cream, as well as a presentation on the real meaning of Easter.
We continue to meet for a prayer breakfast every first Saturday of the month and have a regular prayer meeting.
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Emmanuel Christian Centre Pembrokeshire
## Trustees’ Annual Report (continued)
## Year ended 31 March 2024
## Achievements and performance
We have developed a new website, which is much more user friendly and has enabled locals and visitors to access details and event information. A number of people have joined us for different things because of the website.
We have started an Emmanuel Kitchen group, where once a fortnight a free soup and roll lunch is provided for anyone from church or the local community who wishes to come. This is much appreciated by those who are older and those who live on their own.
Over this year our minister has taken a wedding and several funerals in the church. He visits local residential care homes to takes services, and give communion.
## Financial review
We are not involved in any fund raising activities and our voluntary offerings from church have been used to cover the usual overheads, licences and the ongoing upkeep and running of the church.
We have given £1300 to support our local branch of Christians Against Poverty. We continue to support Bibles for schools and have given £2000 for children in our local schools to receive Bibles. We have also given £200 to Evangelical Alliance Wales.
The trustees’ annual report was approved on 13 November 2024 and signed on behalf of the board of trustees by:
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Mr C Van der/Spoel | Mr M Palmer f
LS
Trustee / \ Trustee | } f
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## Emmanuel Christian Centre Pembrokeshire
## Independent Examiner's Report to the Trustees of Emmanuel Christian Centre Pembrokeshire
## Year ended 31 March 2024
| report to the trustees on my examination of the financial statements of Emmanuel Christian Centre Pembrokeshire (‘the charity’) for the year ended 31 March 2024.
## Responsibilities and basis of report
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## Independent examiner's statement
| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). | have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
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Stephen DaviesFCCA 9==
Independent Examiner.
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Ty Llwyd Limit 16 Main Stre Fishguard Pembrokeshire SA65 9HJ
13th November 2024
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Emmanuel Christian Centre Pembrokeshire
## Statement of Financial Activities
## Year ended 31 March 2024
||||2024||2023|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|||
|||funds|funds|Totalfunds|Total funds|
||Note|£|£|£|£|
|Income and endowments||||||
|Donations and legacies|4|108,815|-|108,815|90,446|
|Investment income|5|1,973|-|1,973|—-|
|Total income||110,788|-|110,788|90,446|
|Expenditure
Expenditure on charitable activities|6,7|105,800|-|105,800|92,345|
|Total expenditure||105,800|-|105,800|92,345|
||||i|||
|Net income/(expenditure) and net
movement in funds||4,988|-|4,988|(1,899)|
|Reconciliation offunds||||||
|Total funds broughtforward||214,346|29,869|244,215|246,114|
|Totalfundscarriedforward||219,334|29,869|249,203|244,215|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 7 to 13 form part of these financial statements. relaeen inhaem einen ee
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Emmanuel Christian Centre Pembrokeshire
## Statement of Financial Position
## 31 March 2024
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|||||||||
|---|---|---|---|---|---|---|---|
|2024|2023|
|Note|£|£|
|Fixed|assets|
|Tangible|fixed|assets|12|144,596|127,385|
|Current|assets|
|Debtors|13|9,557|6,515|
|Cash|at|bank|and|in|hand|95,050|110,315|
|104,607|116,830|
|Net|current|assets|104,607|116,830|
|Total|assets|less|current|liabilities|249,203|244,215|
|Funds|of the|charity|
|Restricted|funds|29,869|29,869|
|Unrestricted|funds|219,334|214,346|
|Total|charity funds|14|249,203|244,215|
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These financial statements were approved by the board of trustees and authorised for issue on 13 November 2024, and are signed on behalf of the board by:
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Mr C Van der Spoel | q 7 Mr M Palmer
Trustee / - Trustee
/
v
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/
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anna NTOThe notes on pagesiit7 to 13 form part ofiene theseStans financialroenooe statements.ph
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## Emmanuel Christian Centre Pembrokeshire Notes to the Financial Statements
## Year ended 31 March 2024
## 1. General information
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 87 Pembroke Rd, Haverfordwest, Pembrokeshire, SA61 1LN.
## 2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.
3. Accounting policies
## Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## Going concern
There are no material uncertainties about the charity's ability to continue.
## Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
## Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds.
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## Emmanuel Christian Centre Pembrokeshire
## Notes to the Financial Statements (continuea)
## Year ended 31 March 2024
3. Accounting policies (continued)
## Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- e income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable, and its amount can be measured reliably.
- e legacy income is recognised when receipt is probable, and entitlement is established.
- ° income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
- e income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
## Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
- e expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
- e expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
- e other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
## Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
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## Emmanuel Christian Centre Pembrokeshire
## Notes to the Financial Statements (continuea)
## Year ended 31 March 2024 Ne
## 3. Accounting policies (continued)
## Tangible assets (continued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
## Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Freehold property - 2% straight line Fixtures and fittings - 15% straight line
## Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
## Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Emmanuel Christian Centre Pembrokeshire
## Notes to the Financial Statements (continued)
## Year ended 31 March 2024
## 4. Donations and legacies
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|||||||||
|---|---|---|---|---|---|---|---|
|Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|Funds|2024|Funds|2023|
|£|£|£|£|
|Donations|
|Gifts|and|Offerings|89,799|89,799|74,595|74,595|
|Gifts|
|Gift|Aid|19,016|19,016|15,851|15,851|
|108,815|108,815|90,446|90,446|
|5.|Investment|income|
|Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|Funds|2024|Funds|2023|
|£|£|£|£|
|Bank|interest|receivable|1,973|1,973|-|—|
|6.|Expenditure|on|charitable|activities|by|fund|type|
|Unrestricted|Restricted|Total|Funds|
|Funds|Funds|2024|
|£|£|£|
|Direct|charitable|expenditure|63,490|-|63,490|
|Support|costs|42,310|-|42,310|
|105,800|-|105,800|
|Unrestricted|Restricted|Total|Funds|
|Funds|Funds|2023|
|£|£|£|
|Direct|charitable|expenditure|50,050|5,348|55,398|
|Support|costs|36,947|-|36,947|
|86,997|5,348|92,345|
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7. Expenditure on charitable activities by activity type
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||||||||
|---|---|---|---|---|---|---|
|Activities|
|undertaken|Support|Total|funds|Total|fund|
|directly|costs|2024|2023|
|£|£|£|£|
|Direct|charitable|expenditure|63,490|-|63,490|55,398|
|Administration|Expenditure|-|42,310|42,310|36,947|
|63,490|42,310|105,800|92,345|
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Emmanuel Christian Centre Pembrokeshire
## Notes to the Financial Statements (continuea)
## Year ended 31 March 2024
## 8. Analysis of support costs
||||Printing,||||
|---|---|---|---|---|---|---|
||||Postage||||
||Lightand|Telephone|and|Repairs and|||
||Heat|and Internet|Stationary|Renewals|Rates|Insurance|
||£|£|£|£|£|£|
|Premises|9,093|-|-|7,332|4,295|-|
|Communications|||||||
|and IT|-|1,275|-|-|-|-|
|General office|-|-|1,942|-|-|-|
|Support costs -
Other|-|-|-|-|-|3,091|
||9,093|1,275|1,942|7,332|4,295|3,091|
|||Sundry|Equipment||||
||Licences|Expenses|Leasing|Depreciation|Total 2024|Total 2023|
||£|£|a|£|£|£|
|Premises|-|-|-|-|20,720|14,290|
|Communications|||||||
|and IT|-|-|=|-|1,275|857|
|General office|-|294|1,265|-|3,501|5,141|
|Support costs -
Other|5,724|-|-|8,000|16,815|16,656|
||5,724|294|1,265|8,000|42,311|36,944|
## 9. Net income/(expenditure)
||Netincome/(expenditure) isstated aftercharging/(crediting):|2024|2023|
|---|---|---|---|
|||£|£|
||Depreciation of tangible fixed assets|8,000|8,887|
|10.|Staff costs|||
||The average head count ofemployees during the yearwas 1 (2023: 1). The average||number of|
||full-timeequivalentemployeesduring theyear isanalysedasfollows:|2024|2023|
|||No.|No.|
|||19,376|19,242|
No employee received employee benefits of more than £60,000 during the year (2023: Nil).
11. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
neanne
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Emmanuel Christian Centre Pembrokeshire
## Notes to the Financial Statements (continuea)
## Year ended 31 March 2024
## 12. Tangible fixed assets
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||||||||
|---|---|---|---|---|---|---|
|Freehold|Fixtures|and|
|property|fittings|Total|
|£|£|£|
|Cost|
|At|1|April|2023|266,324|57,842|324,166|
|Additions|-|25,211|25,211|
|At|31|March|2024|266,324|83,053|349,377|
|Depreciation|
|At|1|April|2023|146,373|50,408|196,781|
|Charge|for the year|5,327|2,673|8,000|
|At|31|March|2024|151,700|53,081|204,781|
|Carrying|amount|
|At|31|March|2024|114,624|29,972|144,596|
|At|31|March|2023|119,951|7,434|127,385|
|13.|Debtors|
|2024|2023|
|£|£|
|Trade|debtors|8,034|5,014|
|Prepayments|and|accrued|income|1,523|1,501|
|9,557|6,515|
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## 14. Analysis of charitable funds
Unrestricted funds
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|||||||
|---|---|---|---|---|---|
|At|
|At|31|March|
|1|April|2023|Income|Expenditure|2024|
|£|£|£|ra|
|General|funds|214,346|110,788|(105,800)|219,334|
|At|
|At|31|March|
|1|April|2022|Income|Expenditure|2023|
|£|£|£|£|
|General|funds|210,897|90,446|(86,997)|214,346|
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## a nee
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## Emmanuel Christian Centre Pembrokeshire
## Notes to the Financial Statements (continuea)
## Year ended 31 March 2024
## 14. Analysis of charitable funds (continued)
|Restricted funds|||||
|---|---|---|---|---|
|||||At|
||At|||31 March|
||1 April 2023|Income|Expenditure|2024|
||£|£|£|a|
|Restricted Fund 1 - desc in a/cs|29,869|-|-|29,869|
|||||At|
||At|||31 March|
||1 April 2022|Income|Expenditure|2023|
||£|£|£|£|
|Restricted Fund 1 - desc in a/cs|35,217|-|(5,348)|29,869|
|Analysis of net assets between funds|||||
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2024|
|||£|£|£|
|Tangible fixed assets
Current assets||144,597
85,715|-
18,891|144,597
104,606|
|Net assets||230,312|18,891|249,203|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2023|
|||£|£|E|
|Tangible fixed assets
Current assets||127 385
97,939|—
18,891|127,385
116,830|
|Netassets||225,324|18,891|244,215|
## 15. Analysis of net assets between funds
## 16. Financial instruments
For financial instruments measured at fair value, the basis for determining fair value must be disclosed. When a valuation technique is used, the assumptions applied in determining fair value for each class of financial assets or financial liabilities must be disclosed. If a reliable measure of fair value is no longer available for ordinary or preference shares measured at fair value through profit or loss, this must also be disclosed.
Where reduced disclosures are applied, disclosures from the Companies Act 2006 still need to be made regarding the fair value of the instruments in each category and the changes in value recognised in profit and loss. Disclosures of the significant assumptions underlying the valuation models and techniques used, and extent and nature of derivative instruments are also required.
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Emmanuel Christian Centre Pembrokeshire
Management Information
Year ended 31 March 2024
The following pages do not form part of the financial statements.
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Emmanuel Christian Centre Pembrokeshire
## Detailed Statement of Financial Activities
## Year ended 31 March 2024
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|||||||
|---|---|---|---|---|---|
|2024|2023|
|£|£|
|Income|and|endowments|
|Donations|and|legacies|
|Gifts|and|Offerings|89,799|74,595|
|Gift|Aid|19,016|15,851|
|108,815|90,446|
|Investment|income|
|Bank|interest|receivable|1,973|-|
|Total|income|110,788|90,446|
|Expenditure|
|Expenditure|on|charitable|activities|
|Depreciation|8,000|8,887|
|Gifts|and|Ministry|60,449|50,550|
|Development|Fund|3,041|4,848|
|Repairs|and|Renewals|7,332|3,833|
|Rates|4,295|4,091|
|Insurance|3,091|3,358|
|Licences|5,724|4,411|
|Sundry|Expense|294|1,460|
|Equipment|Leasing|1,265|1,562|
|Light and|Heat|9,092|6,366|
|Telephone|and|Internet|1,275|857|
|Printing,|Postage|and|Stationary|1,942|2,122|
|105,800|92,345|
|Total|expenditure|105,800|92,345|
|Net income/(expenditure)|4,988|(1|899)|
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