2020-12-31-accounts

Light of Grace International Christian Centre (LOGICC) Receipts and Payments Account for the Year Ended 31 December 2020

Receipts Notes Donations 1 Gift Aid 2 Total Receipts Payments Rent 3 Fixtures and fittings 4 Vehicle costs 5 Advertising & promotion 6 PA system and lectern 7 Covid19 community support 8 Members' welfare 9 IT costs and subscriptions 10 Administrative expenses 11 Miscellaneous 12 Total Payments	1,400.00 525.00 816.53 594.55 847.00 790.85 854.00 353.28 349.38 280.49	5,869.07 1,517.44 7,386.51 6,811.08
Receipts over Payments		575.43
Total funds brought forward from 2019		2,944.34
Total funds carried forward to 2021		3,519.77

NOTES TO THE ACCOUNT

1. Voluntary donations received from members of the ministry and visitors to our programmes.

2. Gift aid claimed on the donations of members who authorised LOGICC to claim gift aid on their donations. This relates to donations received between January and December 2019.

3. Rent paid for the time when LOGICC Birmingham operated from a physical location.

4. Carpet fitting of church meeting venue in Birmingham.

5. Hire car and fuel costs.

6. Design and printing of flyers and posters, and social media campaign costs.

7. During the year the church acquired lectern and 2x keyboard combos.

8. During the year the church set up and funded LogiccHelps, an extension of the church which focused on providing food and other essentials to members of the community most affected by the Covid19 pandemic.

9. Financial support to members (in need) of the church.

10. Online meeting platform and website hosting costs.

11. Bibles, refreshments and other purchases to ensure smooth running of church meetings.

12. Petty items bought to decorate and regulate the temperature in the church meeting venue.