Towerview Church Bangor
Annual Accounts FY 2025 (Jan 1 – Dec 31)
RECEIPTS
| Oferings |
47,979.08 |
|
| Grants |
35,119.48 |
|
| Gift Aid |
8,740.69 |
|
| Solar Energy Electricity Rebate |
646.41 |
|
| Sports Camp |
240.00 |
|
| TOTAL RECEIPTS |
|
92,721.66 |
PAYMENTS
| Pastor’s Salary1 |
18,462.88 |
| Pastor’s Pension Contribution |
2,352.00 |
| Schools & Community Outreach Salary |
22,532.88 |
| HMRC Tax and NI Payments |
6,581.68 |
| Payroll Administration Costs |
284.29 |
| TOTAL PAYROLL |
50,177.71 |
| Schools and Community Outreach |
3,864.10 |
| Missions |
3,640.00 |
| Special Missions |
1,350.00 |
| Visiting Speakers |
2,000.00 |
| Free Methodist Central Ofice |
2,036.00 |
| TOTAL MISSION & OUTREACH |
12,890.10 |
| Food |
2,184.62 |
1 Pastor is on 75% contract
Travel
|
1,700.91 |
|
|
Telephone
|
350.00 |
|
|
Electricity
|
2,628.79 |
|
|
CCLI
|
520.00 |
|
|
Printing
|
218.00 |
|
|
Insurance
|
1, 883.11 |
|
|
Water Charges
|
487.26 |
|
|
Gifts & Flowers
|
613.67 |
|
|
Software IT
|
128.94 |
|
|
Broadband
|
552.75 |
|
|
| Books & Stationery |
133.32 |
|
|
| Cleaning |
321.56 |
|
|
Maintenance
|
11,243.97 |
|
|
| Miscellaneous |
274.00 |
|
|
| TOTAL GENERAL OPERATIONS |
23,240.90 |
|
|
| TOTAL RECEIPTS |
|
86,308.71 |
|
| OPERATING SURPLUS |
|
6,412.95 |
|
| Opening Current Account Balance |
|
|
36,877.46 |
| Operating Surplus |
|
|
6,412.94 |
| Restricted Grant XFER to Deposit Account |
for 2026 |
|
-10,000.00 |
| Closing Current Account Balance |
|
|
33,290.41 |
Assets – Building and contents £800,000
Liabilities - £0