ASSEMBLY OF GOD
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
| Unrestricted Funds |
Restricted Funds | Total 2023 | Total 2022 | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| RECEIPTS AND PAYMENTS ACCOUNT | ||||
| Receipts | ||||
| Tithes & Offerings | 36,906 | - | 36,906 | 46,431 |
| Missionary Offerings | 1,408 | - | 1,408 | 5,609 |
| Gifts & Donations | 2,950 | - | 2,950 | 2,030 |
| Gift Aid | 6,691 | - | 6,691 | 4,459 |
| Other Income | 8,043 | - | 8,043 | 5,821 |
| Total Receipts | 55,998 | - | 55,998 | 64,350 |
| Payments | ||||
| Church Activities | 42,189 | - | 42,189 | 30,789 |
| Community Work | 13,758 | - | 13,758 | 9,018 |
| Overseas Missions | 325 | - | 325 | 5,516 |
| Total payments | 56,272 | - | 56,272 | 45,323 |
| Surplus(deficit) for the year | -274 | - | -274 | 19,027 |
| Transfer between funds | - | |||
| -274 | - | -274 | 19,027 | |
| Bank Current & Deposit Balances | 106,183 | - | 106,183 | 106,457 |
| STATEMENT OF ASSETS & LIABILITIES | ||||
| Cash in Hand & Current Account | 16,751 | - | 16,751 | 8,224 |
| Deposit Account | 89,432 | - | 89,432 | 98,233 |
| 106,183 | - | 106,183 | 106,457 |