## **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<br>|1,700.91|||
|---|---|---|---|
|Telephone<br>|350.00|||
|Electricity<br>|2,628.79|||
|CCLI<br>|520.00|||
|Printing<br>|218.00|||
|Insurance<br>|1, 883.11|||
|Water Charges<br>|487.26|||
|Gifts & Flowers<br>|613.67|||
|Software IT<br>|128.94|||
|Broadband<br>|552.75|||
|Books & Stationery|133.32|||
|Cleaning|321.56|||
|Maintenance<br>|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**