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Annual Statement of Accounts
For the year 6[th] April 2022 to 5[th] April 2023
Correspondence Address: 41, Burnquarter Road, Ballymoney, Co. Antrim, BT53 7DL Northern Ireland, UK Page 2
Treasurer’s Report for the period 06 April 22 to 05 April 23
Treasurer’s Report
We acknowledge that as a charity we generate no income from our own assets. The Trust relies on free-will offerings and gifts donated to us by interested individuals, churches, other charitable organisations, recognised grant making bodies and reclaim of gift aid. This is reflected in our accounts. We have no intention of using professional fundraising consultants.
We wish to express our thanks to everyone that made a donation or gift to us. It is truly ‘an offering made unto the Lord.’ We desire that the Lord Jesus Christ will bless your generosity to us and those we seek to serve in other countries.
We acknowledge the commitment of the trustees and volunteers to the work of the trust, displayed in their willingness to refund their eligible expenses and travel costs back. This has allowed a greater percentage of our funding to be directed to the activities of the Trust, allowing us to minimise our running and administration costs.
The Treasurers report accounts for the period 6[th] April 2022 to 5[th] April 2023 (a copy of the accounts for this period has been attached)
The following is a summary for that period:
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The SSM account had an opening balance of £ 6,399.23 carried forward from the previous year.
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To this an amount of £ 43,278.77 was added by way of receipts. The detail of monies received is contained within the attached accounts.
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This produced a total of £ 49,678.00 (balance + receipts)
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Payments totalling £ 35,479.90 were made, the detail of which is contained in the attached accounts.
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This left a closing balance of £ 14,198.10 , made up of £9,500.00 of restricted funds and £4,698.10 of unrestricted funds across the two accounts.
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The closing balance was carried forward and formed the opening balance for the accounts for 2023/ 2024.
We own no physical assets nor physical liabilities. Detail of the sources of income and payments made is contained in the SSM Charity Account and “The Venue” Sub Account.
Correspondence Address: 41, Burnquarter Road, Ballymoney, Co. Antrim, BT53 7DL Northern Ireland, UK
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1. SSM CHARITY ACCOUNT SUMMARY
| Opening balance at 06 April 22 | 6,399.23 |
|---|---|
| RECEIPTS: | |
| Receipts through Bank Account (YTD): | 15,549.68 |
| Receipts from Trustees for direct expenditure | |
| on charity gifts, activities & projects: | 9,192.39 |
| Receipts from Volunteers for direct expenditure | 000.00 |
| on charity activities & projects: | |
| Trustees giving for ‘out-of-pocket’ expenses paid: | 1064.08 |
| TOTAL RECEIPTS (Balance + Receipts): | 32,205.38 |
| PAYMENTS: | |
| Payments through Bank Account (YTD) | 10,122.75 |
| Direct Payments by Trustees on behalf of charity- | 9,192.39 |
| Gifts, Activities & Projects: | |
| Direct Payments by Volunteers on behalf | 000.00 |
| of charity- activities & projects: | |
| Trustees ‘out-of-pocket’ expenses paid: | 1,064.08 |
| TOTAL PAYMENTS (All) | 20,379.22 |
| SSM Balance as @ 05 April 23 |
11,826.16 |
SSM FUNDS @ 05 April 23
| Restricted funds | ||
|---|---|---|
| Agreed by Trustees | Detail | Amount |
| Insurance, NI Power, Bank Fees | 1,500.00 | |
| For Serbia/Montenegro | 7,000.00 | |
| Gift for Mary Stevenson (USA) | 1,000.00 | |
| Total | 9500.00 |
Correspondence Address: 41, Burnquarter Road, Ballymoney, Co. Antrim, BT53 7DL Northern Ireland, UK
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| Unrestricted funds | |
|---|---|
| Available Funds | 2,326.16 |
| SSM Charity Account Total Funds | 11,826.16 |
| 2. “THE VENUE” SUB ACCOUNT SUMMARY | |
| Opening balance at 06 April 22 | 000.00 |
| RECEIPTS: | |
| Receipts through Bank Account (YTD): | 17,472.62 |
| Receipts from Trustees for direct expenditure | |
| on charity gifts, activities & projects: | 000.00 |
| Receipts from Volunteers for direct expenditure | 000.00 |
| on charity activities & projects: | |
| Trustees giving for ‘out-of-pocket’ expenses paid: | 000.00 |
| TOTAL RECEIPTS (Balance + Receipts): | 17,472.62 |
| PAYMENTS: | |
| Payments through Bank Account (YTD) | 15,100.68 |
| Direct Payments by Trustees on behalf of charity- | 000.00 |
| Gifts, Activities & Projects: | |
| Direct Payments by Volunteers on behalf | 000.00 |
| of charity- activities & projects: | |
| Trustees ‘out-of-pocket’ expenses paid: | 000.00 |
| TOTAL PAYMENTS (All) | 15,100.68 |
| “THE VENUE” Sub Account Balance as @ 05 April 23 | |
| (All unrestricted funds) | 2,371.94 |
Accounts completed by David Brown (Treasurer.) Signed on behalf of the trustees:
________ Val Stewart Chairman of Trustee
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Correspondence Address: 41, Burnquarter Road, Ballymoney, Co. Antrim, BT53 7DL Northern Ireland, UK