## **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. 

1. 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. 

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**