Living Waters Christian Centre – Accounts for 01.04.22 31.03.23
Opening Balance 16111.08 Expenditure
Income: 16562.00 Rent 6720.00 (Includes individual,corporate, Insurance 736.00 institutional and miscellaneous Water Rates 254.15 donations) Heat/Light 1208.99 Repairs 1659.95 Heating Oil 200.00 Expenses 759.92 Philippines Project 3060.00 Gifts 1074.00 Grand Total 15673.01
Balance at 31.03.23 17000.07
Total Available 32673.08 Overall Total 32673.08
Living Waters Youth Club - Accounts for 01.04.22 31.03.23
Opening Balance 164.66 Closing Balance 164.66
Comments
1. Various expenses includes items which have not been specifically grouped.
2. Examination of any or all elements which make up these accounts is available for inspection by any committee member.
3. It has been decided that the Youth Club account will be closed in 2023/24 and amount transferred to Living Waters account.
Balance Sheet
Assets
Cash in Bank (LWCC account) 17000.07 Cash in Bank (LWYC account) 164.66 Total Cash in Bank £17164.73 Portacabin (£4880 less 20%) 3904.00 Total Assets £21068.73
Liabilities There are no outstanding liabilities.
Notes.
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The portacabin was purchased at £7000.00 in year 2020/21 and has been written down by 20.0% straight line reduction annually each year.
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All other fixtures and fittings have been previously used and have been donated free of charge, therefore no value has been attached to these items as they would have no re-sale value.
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All cash has been lodged, therefore there is no cash in hand.
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Future plans – the charity has no plans to spend any money which they have not raised.
Ivan Bond Treasurer