2024-03-31-accounts

Living Waters Christian Centre – Accounts for 01.04.23 31.03.24

Opening Balance 17000.07 Expenditure

Income: 13894.16 Rent 6720.00 (Includes individual,corporate, Insurance 913.00 Institutional and miscellaneous Water Rates 501.71 donations) Heat/Light 1183.33 Charity shop staff 700.00 Expenses 1390.96 Youth Projects 640.30 Heating Oil 558.00 Philippines Project 5930.00 Grand Total 18537.30 Balance at 31.03.24 12356.93

Total Available 30894.23 Overall Total 30894.23

Living Waters Youth Club - Accounts for 01.04.23 31.03.24

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. The Youth Club account was closed at the end of March 2023 and the balance lodged to the Living Waters account after 1[st] of April 2023. This will be reflected in the 2024/25 accounts.

Balance Sheet

Assets

Cash in Bank (LWCC account) 12356.93

Portacabin (£3904 less 20%) 3123.20 Total Assets £15480.13

Liabilities There are no outstanding liabilities.

Notes.

1. The portacabin was purchased has been written down by 20.0% straight line reduction during the 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