| CONTENTS | PAGE | |
|---|---|---|
| TrusteesAnnualReport | L | |
| lndependent examiners reporttothe trustees | 2 | |
| Statement of financial activities | 3 | |
| BalanceSheet | 4 | |
| Notestothe financial statements | 5 | |
| Thefollowingpagesdo notformpartofthefinancial statements | ||
| Detailedstatement of financial activities | I |
| 2023 2022 |
|
|---|---|
| INCOMING RESOURCES | |
| lncomingresourcesfrom generating funds: | |
| Voluntary lncome Totalincoming Resources: |
142,077134 130 142,077134,130 |
| OUTGOING RESOURCES | |
| Charitable Activities Total Outgoing Resources |
153,690136,471 153,690136,471 |
| NETINCOMING(OUTGOING)RESOURCESFOR THEYEAR | -11,613 -2,341 |
| RECONCILIATIONOFFUNDS: | |
| Total funds broughtforuuard | 1,144,129 1,141,787 |
| TOTALFUruDS CARRIEDFORWARD | 1,141,797 1,130,174 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| FIXEDASSEIS | |||||
| LandandBuildings | 1,085,000 | 1,085,000 | |||
| FixturesandFittings | 4,121 | 5,026 | |||
| 1,089,121 | 1,090,026 | ||||
| CURRENTASSEIS; | |||||
| Bank CurrentAccount | 38,572 | 48,882 | |||
| BridgeYouthClub | 20 | 20 | |||
| Nazarene Missions lnternational | 2,941 | 3,219 | |||
| 41,533 | 52,121 | ||||
| CURRENT LIABILITIES: | |||||
| CreditorsandAccruals | 480 | 360 | |||
| 480 | - | 360 | |||
| NETCURRENIASSEIS; | 41,053 | 51,761 | |||
| NET TOTALASSETS | 1,130,174 | 1,141,787 | |||
| FINANCED BY: | |||||
| Unrestricted lncomeFunds | 1,130,174 | 1,141,787 |
| usefuleconomic lifeofth | atassetasfollows: |
|---|---|
| FixturesandFittings | L8%ReducingBalance |
| Landand Buildings | 0% |
| 2 | |
|---|---|
| .VOLUNTARY INCOME | 2023 |
| GiftAidReturns | L5,225 |
| Donations | 1,305 |
| Miscellaneous lncome | 1,983 |
| Offerings | 43,313 |
| Offerings Gift Aid | 49,548 |
| SpecialslN | 1s0 |
| BuildingFund | 30 |
| Rental income | 10,400 |
| Missions Prayer andfasting | 3,205 |
| Missions Offerings | 5,3O7 |
| CompassionateMinistries | 7,276 |
| MissionsMiscellaneous | 3,607 |
| Youth lnternational | 728 |
| TotalFunds | 1,42,077 |