| Contents | Page | |||
|---|---|---|---|---|
| Trustees' | Report | |||
| Accountants' | Report | |||
| Income and | Expenditure | Account | ||
| Balance | Sheet | |||
| Notes to | the | Financial Statements |
| FOR THE YEAR END | ED 31 MARCH 2023 | ||
|---|---|---|---|
| 2023 | 2022 | ||
| E | |||
| Incoming Resource | |||
| Tithes &Offerings | 77,032 | 65,258 | |
| Other Income | 261 | 6,653 | |
| Gifts Aid | 0 | 2,000 | |
| Interest Received | 62 | 2 | |
| 77,355 | 73,913 | ||
| Resources Expended | |||
| Cost of generating | funds | ||
| Premises cost | 26,905 | 26,301 | |
| Charity/Evangelism | 17,071 | 21,751 | |
| Speakers | 1,000 | 1,050 | |
| 44,976 | 49,102 | ||
| Charitable Expenditure |
|||
| Staff costs | 10,546 | 15,675 | |
| Professional Fees |
2,779 | 3,003 | |
| Depreciation | 1,400 | 1,400 | |
| Administration expenses Total Resources Expended |
7,294 22,019 |
11,284 31,362 |
|
| Net Movement In |
Funds | 10,360 | (6,551) |
| Total funds at 31 | INarch | 53,361 | 43,001 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| E | K | |||
| Fixed Assets | ||||
| Equipment NBV B/Fwd |
4,465 | 4,465 | ||
| Additions | 0 | |||
| Depreciation | (4,465) | (3,065) | ||
| Equipment NBV C/Fwd |
1,400 | |||
| Current Assets | ||||
| Loans Receivable | 6,000 | 11,450 | ||
| Bank 8 Cash | 50,168 | 32,151 | ||
| 56,168 | 43,601 | |||
| Current Liabilities | ||||
| Creditors: Amounts | falling | |||
| due within one year | 2,807 | 2,000 | ||
| Net Current Liabilities | 53,361 | 41,601 | ||
| Net Assets | 53,361 | 43,001 | ||
| Unrestricted Funds |
||||
| Accumulated Fund |
43,001 | 49,552 | ||
| Excess Income /(Expenditure) | For The Year | 10,360 | (6,551) | |
| 53,361 | 43,001 |