ASSEMBLY OF GOD
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
| Unrestricted Funds |
Restricted Funds | Total 2024 | Total 2023 | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| RECEIPTS AND PAYMENTS ACCOUNT | ||||
| Receipts | ||||
| Tithes & Offerings | 45,187 | - | 45,187 | 36,906 |
| Missionary Offerings | 470 | - | 470 | 1,408 |
| Gifts & Donations | 1,147 | - | 1,147 | 2,950 |
| Gift Aid | 6,907 | - | 6,907 | 6,691 |
| Other Income | 6,736 | - | 6,736 | 8,043 |
| Total Receipts | 60,447 | - | 60,447 | 55,998 |
| Payments | ||||
| Church Activities | 41,283 | - | 41,283 | 42,189 |
| Community Work | 13,742 | - | 13,742 | 13,758 |
| Overseas Missions | 500 | - | 500 | 325 |
| Total payments | 55,525 | - | 55,525 | 56,272 |
| Surplus(deficit) for the year | 4,922 | - | 4,922 | -274 |
| Transfer between funds | - | |||
| 4,922 | - | 4,922 | -274 | |
| Bank Current & Deposit Balances | 111,108 | - | 111,108 | 106,186 |
| STATEMENT OF ASSETS & LIABILITIES | ||||
| Cash in Hand & Current Account | 72,275 | - | 72,275 | 16,751 |
| Deposit Account | 38,833 | - | 38,833 | 89,432 |
| 111,108 | - | 111,108 | 106,183 |