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2024-09-30-accounts

Words of Life Ministries (CIO) Income and Expenditure Account For the year ending 30 September 2024

General
fund
Projects
£
£
Income
Gifts and donations
18,129
23,435
Tax recovered
1,715
2,714
Bank Interest
81
TOTAL
19,925
26,148
Expenditure
Ministry expenses
13,935
Motor expenses
2,879
Travel expenses
3,153
5,220
Postage and freight
3,468
Telephone and email
1,089
Printing
2,333
Stationery
323
Website and computer costs
1,329
Heat & light
200
Professional fees
1,860
Trustees' meetings
270
Bank charges
292
Other expenses
155
Projects
2,905
14,715
Exchange differences
1,451
TOTAL
34,192
21,387
Excess/- deficit of income over
expenditure
-14,266
4,762
Transfers to /- from Restriced fund
Opening balance
35,246
0
Closing balance
£20,980
£4,762
General Fund
Projects
£
£
21,677
21,820
1,641
805
366
23,684
22,625
13,173
2,395
10,497
3,261
784
680
367
594
200
840
251
554
807
6,045
23,237
1,224
40,448
24,461
-£16,764
-£1,836
-190
190
52,200
£1,646
£35,246
£0
Year to 30 September 2023