Light of Grace International Christian Centre (LOGICC) Receipts and Payments Account for the Year Ended 31 December 2025
| Receipts Notes £ Donations 1 Gift Aid 2 Total Receipts Payments IT costs and subscriptions 3 1,283.71 Rent 4 4,200.00 Supplies and Equipment 5 1,187.34 Repairs and maintenance 6 680.32 Publicity 7 3,278.93 Travel and transportation 8 5,949.60 Welfare and refreshments 9 1,755.34 Events 10 12,151.27 Honorarium and donation to other charities 11 850.00 Insurance 12 601.91 Other Admin 137.10 Total Payments Excess of Receipts over Payments Total funds brought forward from 2024 |
£ 27,339.79 3,161.48 30,501.27 32,075.52 1,574.25 - 1,682.06 |
|---|---|
| Total funds carried forward to 2026 107.81 |
NOTES TO THE ACCOUNT
-
Voluntary donations received from members of the ministry and visitors to our programmes.
-
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 2025.
-
Cost of online meeting platform, website hosting and maintenance, and other subscriptions.
-
Rent for a place of worship covering the period November 2024 to October 2025.
-
Costs incurred for acquiring musical instruments and maintaining them as well.
-
Costs incurred in repairing, painting, and acquiring some fittings in a rented place of worship.
-
Publicity covers cost of flyers, banners, souvenirs and other social media ads for our activities.
-
Vehicle, hotel and subsistence costs.
-
Cost of food and beverages for church meetings. This also includes financial support to church members that were in need during the year.
-
Cost incurred in organising our annual programmes; 7th anniversary celebration and Grace Feast Christmas programme. It includes venue cost, equipment, honourarium, food and drinks.
-
Gifts to guest speakers at organised events, and donations to support selected charities that serve similar purpose as ours.
-
Insurance costs for the meeting space and its equipment.