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2024-03-31-accounts

THE REDEEMED CHRISTIAN CHURCH OF GOD, VICTORY CENTRE SWINDON FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024

TO

31 March 2024

STATEMENT OF ASSETS AND LIABILITIES AT YEAR ENDED 31 MARCH 2024

The Redeemed Christian Church of Victory Centre, Swindon Income and Expenditure For the year ended 31 March 2024

2024
£
Income:
Offering
16,306
Tithe
69,755
Thanksgiving
2,074
Building Fund & Other Income
6,310
Total Income Received
Cost of Generating Income:
Administration Expenses
2,730
Books, CDS and training materials
729
Car repair, tax and MOTS
920
Local travel & retreat & hotel bills
Disclosure and Barring Service (Checks)
Guest speakers honorarium
1,500
Equipment, vans for Church used
Hall Bookings & sundry expenses
2,866
Insurance
2,098
Loan
5,100
Musical development and training
Professional and legal fees
350
Rent
9,920
Special occasion foods, drinks and presents
17,644
Stationary and printing
New Building
6,813
Heat & Light
7,317
WEM - World Evangelical Mission
1,450
COF - Central Office contribution
2,500
Depreciation
2,406
2024
2023
£
£
23,655
45,556
510
11,230
94,445
94,445
979
576
2,776
382
4,250
500
9,293
16,930
33,610
3,300
3,044
2,027
2023
£
80,951
80,951
Total Expenditure Paid
Net Surplus/(Deficit)
64,343
30,102
77,667
3,284

The Redeemed Christian Church of Victory Centre, Swindon Balance Sheet

For the year ended 31 March 2024

Fixed Assets
Tangible Fixed Asset
3
Church Building
Current Assets
Debtors
Savings Account
Cash in Hand
Creditors
Long Term Liabilities
4
Net Current Assets
TOTAL ASSETS LESS LIABILITIES
REPRESENTED BY:
Unrestricted Funds B/F
Unrestricted Funds
£
2024
1,732
74,523
£
2024
19,627


76,255
95,882
65,780
30,102
95,882
£
2023
1,055
197,549
£
2023
20,044


198,604
76,255 198,604
218,648
215,364
3,284
218,648