Living Waters Christian Centre – Accounts for 01.04.24 31.03.25
Opening Balance £12356.93 Expenditure
Income: 18779.50 Rent 6720.00 (Includes individual,corporate, Insurance 886.00 institutional and miscellaneous Water Rates 411.96 donations) Heat/Light 1629.69 Various 198.51 Office Equipment 843.99 Heating Oil 200.00 Charity Shop Staff 900.00 Philippines Project 5600.00 Grand Total 17390.15 Balance at 31.03.25 13746.28
Total Available 31136.43 Overall Total 31136.43
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. Youth club account has been closed and the balance of £164.66 has been transferred to the Living Waters account.
Balance Sheet
Assets
Cash in Bank (LWCC account) £13746.28
Total Cash in Bank £13746.28 Portacabin (£3123 less 20%) 2498.00 Total Assets £16224.28
Liabilities There are no outstanding liabilities.
Notes.
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The portacabin was purchased at £7000.00 and has been written down by 20.0% straight line reduction each year. The value at 31/03/2025 was £2498.00.
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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