## **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)_**<br>**_Gift Aidyet to receive_**|**_£20,880.27_**<br>**_£2,900.73_**|
|---|---|
|**Total balance as if we had received**<br>**the  Gift Aid**|**£23,781.00**|
|||



**reserves policy is 3 months salary costs + £10000 against employing second worker**