## **Jesus Generation Church Income & Expenditure Report Year Ended 31st May 2023** **----- Start of picture text -----**
Income 2023 2023 2022 2022
Tithes 99,060.03 61,484.07
Freewill Offerings 8,860.92 7,913.91
Gift Aid 20,550.11 15,216.33
Gifts 0.00 0.00
Sale of Assets 0.00 0.00
Bank interest 0.00 75.41
Total Income 128,471.06 84,689.72
Expenditure
Staffing Costs
Pastor's salary cost 22,533.17 22,421.28
Staff training 0.00 22,533.17 300.00 22,721.28
Church Services
Gifts 7,114.11 5,880.00
Guest speakers and music 270.92 500.00
Missions 16,437.45 15,538.89
Pastor fees 6,526.00 5,410.00
Functions and conferences 24,174.65 5,514.98
Food provisions and consumables 8,502.85 6,303.19
Motor and travelling 508.00 63,533.98 2,175.91 41,322.97
Church & Grounds
Rent 0.00 0.00
Rates & Water 0.00 0.00
Insurances 1,233.56 1,534.65
Light, heat and power 2,482.24 1,655.09
Repairs & Maintenance 2,283.07 5,865.47
Equipment / office supplies 603.87 402.83
Telephone 810.28 7,413.02 569.20 10,027.24
Other Expenses
Accountancy fees 918.00 828.00
Professional fees 0.00 196.50
Miscellaneous 163.00 318.00
Depreciation 4,766.16 1,676.38
Bank fees 352.06 6,199.22 313.47 3,332.35
Total Expenditure 99,679.39 77,403.84
Net Income for Year 28,791.67 7,285.88
**----- End of picture text -----**
## **Jesus Generation Church Balance Sheet Report Year Ended 31st May 2023** |Balance brought forward
Net Income for the year
Balance carried forward
**Fixed Assets**
Frances Street
Fixtures, fittings and equipment
**Current Assets**
Danske Bank Charity Account
Petty Cash
**Current Liabilities**
Accruals
PAYE|**2023**
**2023**
99,950.65
28,791.67
128,742.32
70,000.00
19,035.01
89,035.01
39,621.41
1,087.90
40,709.31
129,744.32
1,002.00
0.00
1,002.00
128,742.32|**2022**
**2022**
92,664.77
7,285.88
99,950.65
70,000.00
6,705.00
76,705.00
22,845.50
1,468.75
24,314.25
101,019.25
972.00
96.60
1,068.60
99,950.65| |---|---|---| Prepared by: _Stanley Woods & Co._ Alexander House 49/51 Church Street Newtownards Co. Down BT23 4AN 28th February 2024