Haverhill and District YFC F inancial R eport 2024/25
| Income | 2024-25 | 2023-24 | Difference |
|---|---|---|---|
| Regular Donations gift aid | £11,602.92 | £12,419.00 | -£816.08 |
| Regular Donations non gift aid | £1,025.00 | £1,175.00 | -£150.00 |
| Donations one off | £206.57 | £223.45 | -£16.88 |
| Gift Aid Claimed & Received | £3,106.45 | £3,102.39 | £4.06 |
| Stewardship | £1,200.00 | £1,350.00 | -£150.00 |
| Gifts from supporting Churches | £4,847.46 | £4,810.00 | £37.46 |
| Grants | £0.00 | £0.00 | £0.00 |
| Other | £48.00 | £258.62 | -£210.62 |
| Unity Trust - Chaplinacy | £1,200.00 | £0.00 | £1,200.00 |
| Bank Interest | £2.31 | £2.15 | £0.16 |
| Total | £23,238.71 | £23,340.61 | -£101.90 |
| Expenditure | |||
| Staff Costs | £18,514.41 | £17,498.87 | £1,015.54 |
| Operating expenditure | £3,056.83 | £2,211.00 | £845.83 |
| YFC Subscriptions | £1,359.00 | £1,836.00 | -£477.00 |
| Total | £22,930.24 | £21,545.87 | £1,384.37 |
| Total Surplus/ Deficit | £308.47 | £1,794.74 | -£1,486.27 |
| Account Balances |
| Current Account (cash in bank) Gift Aidyet to receive |
£20,880.27 £2,900.73 |
|---|---|
| Total balance as if we had received the Gift Aid |
£23,781.00 |
reserves policy is 3 months salary costs + £10000 against employing second worker