2025-03-31-accounts - New Life Community Church Boston

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					2025	2024
	Note	Restricted f	Unrestricted t		TotalFunds f	TotalFundsI
Income and Endowmentsfrom
Tithes				64,891	64,891	59,775
Olferings		41,025		16,341	57,366	46,346
Gift Aid		'7,778		14,51.)	22,297	23,478
Interest		193			193	149
Sundry Income				21,563	21.,563	37,992
Total IncomingResources		,r		tt7,314	166,310	167,740
Expenditureon
Administration	3			33,654	33,654	23,1t6
Directcharitable expenditure	4			43,130	43,130	45,0s8
Govemancecosts	6			1,566	1,566	t,436
TotalResourcesExpended				78,350	78,350	69,610
\etIncome/Expenditure		18,996		38,964	87,960	98,130
Transfersbetweenfunds		(51,306)		51,306
Net movementin funds		(2,310)		90,270	87,960	98,130
Bookshopprofitforthelrear
Total funds brought{orward		19,911		849,780	869,69r	771,561
Totalfundscarriedforward		17,601		940,050	957,651	869,691

		Note				2025	2024
			Restricted	Unrcstricted		Total	Total
			fund f.		fund r	funds	[undst
Fixedassets
Tangibleassels		7			924,344	924,344	837,588
Currentassets
Bookshop stock
Debtorsandprepayments		8			173	173	173
Cash at bankandinhand			17,601		17,613	35,214	33,642
			l7,601		t7,786	35,387	33,815
Currentliabilities
Sundry cleditors	9				(2,080)	(2,080)	(1,712)
Netcurrentassets			l7,601		15,706	33,307	12,103
Tolalassclslcs\currenlliabilitie:,			17,601		940,0s0	9s7,651	869.691
Creditors:amounts payable after
more thanoneyear
			17,601		940,0s0	957,651	869,691
Funds
Unrestrictedfund
Generalpurposes						940,050	849,',t80
Restrictedfund
Building lund						17,601	19,911
						9s7,651	869,691

		2025	2024
		L	L
3.	Administration
	Printing,stationery, adveftisingand postage	970	956
	Telephones	s,l5	615
	Computer softwareandintemetcharges	473	363
	Other	31,666	21,182
		33,6s,1	23,116
4.	Direct Charitable Expenditure
	Minisffy	22,216	26,254
	Gifts	2,098	2,206
	Youthandchildren'swolk	922	782
	Premises	5,784	6,910
	Ministryresources	12,110	8,906
		43.r30	-rp"

AccountancyandProfessional Services	910	803
D eprec iation	621	OJJ
Credit Cardcharges	29
	1,566	t,436

		Freehold
		Landand
		Buildings f	Equipment r.	Totalf
7	Tangible fixedassets
	Cost
	3I'tMarch2024	831.887	10,356	842,243
	Additions	86,810	573	87,383
	Disposals
	3l"tMarch2025	918,697	10,929	929,626
	Depreciation
	3l'tMarch2024		4,655	4,655
	Chargefortheyear		627	627
	Eliminatedon Disposal
	3I"tMarch2025		,r"	tw
	Net bookamount
	3l$March2025	918,697	5,647	924,344
	31*March2024	831,887	5,701	837,5 88
			2025	2024
			f	I
8.	Debtors:amountslallingducrvithin	oneyear
	Prepayments andaccrucd income		r73	173
			173	173
9.	Creditors:amountsfallingduewithinoneyear
	Accrued		880	810
	Creditorsanddeferred income		1,200	902
			2,080	1,712

'I'he StatementofFinancial Activ purposes-	itiesfortheyealended 31	March2024 isin	cluded for
			2024
	NoteRestricted UnrestrictedTotalFunds
	f,f,L
Income and Endowmentsfrom
Tithes		59,775	59,775
Offerings	40,239	6,107	46,346
GiftAid	14,,825	8,6s3	23,178
Interest	149		149
Sundry Income		37,992	37,992
Total IncomingResources	55,213	112,527	167)710
Expenditureon
Admir.f stration	3	23,116	23,116
Directcharitable expenditure	4	45,058	4s,058
Govemancecosts	6	1,,436	1,,436
TotalResourcesExpended		,rt,	,tff
NetIncome/Expenditure	ss,213	42,917	98,130
Transfersbetweenfunds	(41,787)	41,787
Net movement infunds	13,126	84,704	98,130
Bookshopprofit fortheyear
Totalfundsbroughtforward	6,,185	16s,076	771,561
Totalfundscarriedforward	19,9tr	849,780869,691