INCOME AND EXPENDITURE ACCOUNT 

Prepared for 

**FAITH TABERNACLE UNITED PENTECOSTAL CHURCH (CHARITY NUMBER 1106678)** 

For the period ended 31 December 2025 

**FAITH TABERNACLE UNITED PENTECOSTAL CHURCH** 

## **CHURCH INFORMATION** 

**Charity Number** 1106678 

**Trustees** 

Aubrey James Longmore Audrey Ann Marie Mcintosh Carlene Jennifer Parker Heather Derry-Welch 

**Registered Office** 124 Newport Road New Bradwell Milton Keynes MK13 0AA 

**Examiners** Trackrecords Managment Services Limited Unit 7 Cochran Close Crownhill Milton Keynes MK8 0AJ 

**FAITH TABERNACLE UNITED PENTECOSTAL CHURCH** 

## **INCOME AND EXPENDITURE ACCOUNT** 

## **FOR THE PERIOD 1st JANUARY 2025 TO 31st DECEMBER 2025** 

|||**2025**|**2024**|
|---|---|---|---|
||**Notes**|**£**|**£**|
|INCOME|2|109,969|121,679|
|Other Operating income||||
|Administrative expenses||115,074|103,737|
|OPERATING INCOME|3|-5,106|17,942|
|Interest receivable||0|0|
|INCOME ON ORDINARY ACTIVITIES||||
|BEFORE TAXATION||-5,106|17,942|
|Tax on ordinary activities|4|0|0|
|INCOME ON ORDINARY ACTIVITIES (after tax)||-5,106|17,942|
|RETAINED INCOME CARRIED FORWARD||-5,106|17,942|



## **CONTINUING OPERATIONS:** 

None of the church's activities were acquired or discontinued during the above financial period 

**………………………... Pastor** PatSwaaiene\eeeesessescessess tor 

A Longmore 

**………………………….Treasurer** 

T Longmore 

## **ACCOUNTANTS REPORT** 

We have prepared the above accounts without carrying out an audit and from information from Faith Tabernacle UPC's books and records and explanations supplied to us 

## **Opinion** 

In our opinion, the financial statement give a true and fair view of the state of the charitable company's affairs as at 31st December 2025 and of its incoming resources and application of resources, including its 

income and expenditure, in the year that ended and have been properly prepared in accordance with the guidance of the Charities Commission. 

**FAITH TABERNACLE UNITED PENTECOSTAL CHURCH** 

## **BALANCE SHEET** 

## **AS AT 31ST DECEMBER 2025** 

||||**2025**||**2024**|
|---|---|---|---|---|---|
||**Notes**|**£**|**£**|**£**|**£**|
|FIXED ASSETS||||||
|Tangible assets|5||757||1,140|
|CURRENT ASSETS||||||
|Debtors|6|||||
|Cash at bank and in hand||485,712||496,341||
|||485,712||496,341||
|CREDITORS|7|||||
|Amounts falling due within one year||5,905||0||
|||5,905||0||
||||491,618||496,341|
||||492,375||497,481|
|Net Current Assets/ (Liabilities)|||**492,375**||**497,481**|
|CAPITAL & RESERVES||||||
|Called up share capital|8||0||0|
|Income & Expenditure reserve|||497,481||479,539|
|Income and expenditure account|||-5,106||17,942|
||||**492,375**||**497,481**|
|CHURCH MEMBERS FUNDS||||||
|**………………………………………..Pastor**||||||
|A Longmore||||||
|**…………………………………………..Treasurer**||||||
|T Longmore||||||
|**FAITH TABERNACLE UNITED PENTECOSTAL CHURCH**||||||



**NOTES TO THE ACCOUNTS** 

## **1. ACCOUNTING POLICIES** 

## a) Basis of accounting 

The financial statements have been prepared under the historical cost convention. 

## b) Depreciation 

Depreciation is provided on tangible assets at rates calculated to write off the cost of each asset over its expected useful life. 

The rates used on a reducing balance are as follows: 

Computer equipment 25% (100 FYA) where applicable Fixtures & fittings 25% **2. INCOME** 

Income includes the amount of offerings & tithes provided by members 

## **PENSIONS** 

The church does not operate a pension scheme 

## **3. OPERATING PROFIT** 

The operating profit is stated after charging: 

|The operating profit is stated after charging:||
|---|---|
||**2025**|
||**£**|
|Depreciation of tangible fixed assets|382|
|Pastors remuneration included|0|
|Pastors pension contributions|0|
||**382**|



## **4. TAX ON ORDINARY ACTIVITIES** 

This represents tax @0% based on excess income for the year on ordinary activities **FAITH TABERNACLE UNITED PENTECOSTAL CHURCH** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **5. TANGIBLE FIXED ASSETS** 

||**£**||
|---|---|---|
|**Cost**||1,140|
|1st January2025 Additions||0|
|At 31st December 2025||1,140|
|**Depreciation**|||
|Charge for the year||382|
|At 31st December 2025||382|



**Net Book Value @ 31st December 2025** 

757 

**The Church also has a cash building at Market Value of £260,000 as at 4th December 2018.** 

## **6. Debtors** 

|**6. Debtors**||
|---|---|
|Hardship Loans owed current period|0|
|Other Debtors|0|
||**0**|
||**£**|
|**Cash in Bank  and in Hand**|183,484.74|
|Barclays Community Account|211,473.25|
|HSBC Building Fund Account|90,568.06|
|HSBC Current Account|186.16|
|Petty Cash|0.00|
|Depreciation deduction|485,712.21|



## **7. CREDITORS-Amounts falling due within 1 year** 

||**£**|
|---|---|
|Tax|0|
|Trade Creditors|0|
|Social security and other taxes|0    Gift Aid Payment Error|
|5000||
|Loan|905.48|
||**5,905**|



## **8. CALLED -UP SHARE CAPITAL** 

|**Authorised**||
|---|---|
||**£**|
|0 ordinary shares of £0 each|0|
|**Allotted, called up and fully paid**||
|0 ordinary shares of £0 each|0|



**FAITH TABERNACLE UNITED PENTECOSTAL CHURCH** 

**NOTES TO THE FINANCIAL STATEMENTS** 

## **9. Reconciliation of movement in members funds** 

||**£**|
|---|---|
|Profit for the financial year|-5,106|
|Dividends paid|0|
||-5,106|
|Shares subscribed|0|



**-5,106** 

Closing members funds 

**Depreciation** 

## **EQUIPMENT** 

|**Desc.**|**Date bght**|**Cost(BV)**|**Additions Dep charge 25**|**Additions Dep charge 25**|**NBV-25**|||
|---|---|---|---|---|---|---|---|
|Premier Computer Supply||2.51|0.00|0.63|1.88|||
|Projector||6.05|0.00|1.51|4.54|||
|Leaf Funiture||8.34|0.00|2.09|6.26|||
|Sound Control||48.48|0.00|12.12|36.36|||
|Vehicle||39.47|0.00|9.87|29.60|||
|Talking Head Drums||18.68|0.00|4.67|14.01|||
|Equipment||17.36|0.00|4.34|13.02|||
|Sound Control||38.86|0.00|9.72|29.15|||
|Vehicle||840.48|0.00|210.12|630.36|||
|Equipment||58.80|0.00|14.70|44.10|||
|Equipment||60.59|0.00|15.15|45.44|||
|Sound Control||0.00|0.00|97.45|0.00|||
|Equipment||||0.00|0.00|||
|||||||**1,139.62**|**0.00**|
|Total||||**382.36**|**757.27**|||



## **FAITH TABERNACLE UNITED PENTECOSTAL CHURCH DETAILED INCOME & EXPENDITURE ACCOUNT** 

## **INCOME** 

Gift Aid Repayment Building Fund Interest Income Tithes- Gift Aid Tithes- Non Gift Aid Offering- Non Gift Aid 

**£** 

**£** 14,890.98 11,066.23 91.04 51,593.86 6,368.32 25,958.19 **109,968.62** 

|**Expenditure**||
|---|---|
|Accountancy|2,300.00|
|Anglian Water|285.82|
|Appeal for Hurricane Disaster|630.00|
|Bank Charge|315.67|
|Books|431.94|
|Pastors Car Allowance|3,500.00|
|Cleaning|596.20|
|Donation|2,200.00|
|Employers PAYE Liability|7,110.56|
|Equipment Expensed|23,166.17|
|Fuel|53.03|
|General Expenses|1,086.80|
|Gift|1,887.22|
|Insurance|1,822.95|
|Legal Expenses|237.90|
|Light, Power & Heating|4,069.45|
|Parking|8.00|
|Premises Hire - Fundraising|336.88|
|Printing & Stationery|1,339.05|
|Refreshment|1,378.96|
|Reinbursement|208.40|



|Repairs & Maintenace|1,582.57||**FOR THE**|
|---|---|---|---|
||||**PERIOD**|
|Salaries|41,009.12||**1st**|
|Sanitary Care|1,186.25||**JANUARY**<br>**2025 TO**|
|Software & IT|619.12||**31st**|
|Stamps|6.96|||
|Subscription|1,600.28|||
|Telephone|2,007.24|||
|Travel|1,204.00|||
|UPC Ladies Department - Fundraising|222.00|||
|UPC Missions|1,638.99|||
|UPC Tithes|6,670.00|||
|Visiting Minister|3,731.97|||
|Website|248.39|||
|Depreciation|382.36|||
||**115,074.25**|||
|**NET PROFIT / LOSS FOR YEAR**||||
|**BEFORE TAXATION**||**-5,105.63**||
|**DECEMBER 2025**||||



## **ACCOUNTANTS REPORT** 

_We have prepared the above accounts without carrying out an audit and from information from Faith Tabernacle United Pentecostal Church's books and records and explanations suppplied to us._ 

Trackrecords Management Services Limited Unit 7 Cochran Close Crownhill Milton Keynes MK8 0AJ