Light n Life Free Methodist 

Finance Report 2020 

## **Light n Life Free Methodist** 

## **Finance Report 2020 (AGM June 2021)** 

## **Income** 

|**Category**|**Amount**|
|---|---|
|Tithes|£ 11,723.62|
|Offerings|£ 1,330.85|
|Gift Aid|£ 1,765.31|
|Building Fund|£ 2,140.00|
|Child Care|£ 1,500.00|
|Interest|£ 0.97|
|Other|£ 990.00|
|**Total**|**£ 19,459.75**|



**Notes:** _Other income comprised of: NI Executive gift for Laura Surgenor Tuition fees, sale of church mini-bus, and conference hotel booking refund._ 

Banked Mission Tithe Account (10% of Tithe & Offering): £ 1,171.00 



Light n Life Free Methodist 

Finance Report 2020 

## **Expense** 

|**Category**|**Amount**|
|---|---|
|Pastor’s Expenses|£ 2,541.84|
|Church Worker|£ 1,326.08|
|Buildings & Maintenance|£ 6,394.14|
|Equipment|£ 376.72|
|Miscellaneous Church Expenses|£ 1,174.52|
|FMCUK Contribution|£ 1,500.00|
|International Child Care Ministries|£ 1,500.00|
|Gifts to Missionaries|£ 1,000.00|
|Guest Speakers|£ 500.00|
|Gifts|£ 1,655.34|
|Bank Fees|£ 310.16|
|Children/Youth|£ 65.00|
|Events|£ 862.69|
|Other|£ 694.00(internal transfer, not counted)|
|**TOTAL EXPENDITURE**|**£ 19,206.49**|



_**Notes:** Pastor’s expenses cover leadership flights to conference and stipend back-pay. ‘Other’_ 

_category covers internal bank transfers & ‘Gifts’ category covers transfer of tuition fees for Laura Surgenor from NI Executive. The mortgage payment (£???)  is filed in the Buildings & Maintenance category._ 



Light n Life Free Methodist 

Finance Report 2020 

## **Account Balances as of 31/12/20** 

|**Account**|**Balance**|
|---|---|
|General Account|£ 179.50|
|Mission Tithe|£ 102.46|
|Building Fund|£ 9.08|
|Mortgage Balance|£ 18,093.89|



## **Account Balances as of 16/06/21** 

|**Account**|**Balance**|
|---|---|
|General Account|£ -206.67|
|Mission Tithe|£ 620.22|
|Building Fund|£ 155.76|
|Mortgage Balance|£ 16,986.53|