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2024-03-31-accounts

New Testament Pentecostal Church

Accounts

for the year ended 31 March 2024

New Testament Pentecostal Church

Information

Accountants

Gilchrist & Co (CA) Ltd Chartered Accountants 17 Kensington Gate Kensington Road Belfast BT5 6PF

New Testament Pentecostal Church

Contents
Page
Accountants' report 1
Trading, profit and loss account 2
Balance sheet 3

New Testament Pentecostal Church

Accountants' Report on the Unaudited Accounts to New Testament Pentecostal Church

As described on page 3 you have approved the accounts for the year ended 31 March 2024 set out on pages 2 to 3. In accordance with your instructions we have compiled these unaudited accounts from the accounting records and information and explanations supplied to us.

Gilchrist & Co (CA) Ltd

Chartered Accountants 17 Kensington Gate Kensington Road Belfast BT5 6PF

25 November 2024

Page 1

New Testament Pentecostal Church

Trading and profit and loss account for the year ended 31 March 2024

Income
Sales
Fees receivable
Other sales income
Expenses
Wages and salaries
Staff pension costs
Staff training
Gifts
Cafe Purchases
Rates & Water
Children & Youth Work
Insurance
Mission Costs
Light and heat
Repairs - 17 Main Street
Repairs - 4 Harmony Way
Printing, postage and stationery
Telephone and fax
Computer costs
Minibus expenses
Catering
Consultancy fees
Accountancy
Bank charges
Kitchen/cleaning materials
Sundry expenses
Subscriptions
Depreciation on freehold property
Depreciation on FF & Equipment
Depreciation on motor vehicles
Net loss
2024
£
£
116,454
13,371
200,327
330,152
106,168
378
23
35,547
56,674
1,185
5,843
3,847
11,461
11,002
20,009
559
2,801
1,411
856
11,308
5,199
26,784
360
297
1,353
7,034
1,232
40,000
4,198
38
)
(355,567
)
(25,415
2023
£
£
88,296
10,008
149,073
247,377
61,726
51
110
28,735
47,682
561
2,786
3,571
18,598
7,062
6,586
15,729
2,594
2,058
637
10,403
2,690
26,004
360
288
2,856
4,279
1,543
40,000
5,005
50
)
(291,964
)
(44,587

Page 2

New Testament Pentecostal Church

Balance sheet
as at 31 March 2024
2024
£
£
Fixed assets
Tangible assets
1,865,154
Current assets
Cash at bank and in hand
39,042
Current liabilities
Bank loans and overdrafts
-
Other creditors
4,862
4,862
Net current assets
34,180
Total assets less current
liabilities
1,899,334
Capital account
Brought forward at 1 April 2023
1,924,749
Loss for the year
)
(25,415
1,899,334
2023
£
£
1,907,615
18,167
2
1,031
1,033
17,134
1,924,749
1,969,336
)
(44,587
1,924,749

I approve these accounts and confirm that I have made available all relevant records and information for their preparation.

E Edmonds

Date: 25th November 2024

Page 3