## **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**|