## **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. 

1. 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. 

2. 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. 

3. All cash has been lodged, therefore there is no cash in hand. 

4. Future plans – the charity has no plans to spend any money which they have not raised. 

**Ivan Bond Treasurer**