**Limavady Independent Methodist Church** 

## **Income & Expenditure Account for the period 1st April 2024 to 31 March 2025** 

|**Income**||**£**||**Expenditure**||**£**|
|---|---|---|---|---|---|---|
|OpeningBalance(01/04/2024)||39,598.68||Accounts - Auditing||322.50|
|Lodgements||31,184.53||Alert Magazines||75.00|
|HMRC - Gift Aid||2,362.50||Church Supplies||46.80|
|HMRC - GASDS||1,197.25||Computer||688.00|
|HMRC - Interest||90.95||Donation - CEF||288.00|
|Bank Interest||485.98||Donation - SGA||300.00|
|||||Donation - Friends of Kiwoko Hospital||250.00|
|||||Donation - Home Crusades||300.00|
|||||Donation - SDHS||280.00|
|||||LCC Power - Electricity- DD||5,331.56|
|||||Expenses||398.60|
|||||LJN Design||180.00|
|||||Nest - DD||1,243.20|
|||||Marine Graphics Hub - White Lettering||620.00|
|||||HMRC - PAYE & NI||2,519.52|
|||||Insurance - Premises||780.00|
|||||Printing||300.00|
|||||Preachers Expenses||1,420.00|
|||||Projectors||758.00|
|||||SCT Alarms - Testing||36.00|
|||||Singers'  Expenses||160.00|
|||||Wages - Rev McFarland||21,787.24|
|||||WeddingPresent||1,350.00|
|||||Wreath - RB Legion||20.00|
|||||ClosingBalance(31/03/2025)||35,465.47|
||||||||
||||||||
||||||||
|**Total**||**74,919.89**||**Total**||**74,919.89**|
||||||||





**Limavady Independent Methodist Church** 

## **Balance Sheet as at 31st March 2025** 

||**£**|**£**||**£**||**£**|**£**|
|---|---|---|---|---|---|---|---|
|**Opening Balance 01/04/2024**||||**39,598.68**||||
|||||||||
|Add Lodgements|31,184.53|||||||
|Add Interest|485.98|||||||
|Add HMRC CharityRefund - Gift Aid|2,362.50|||||||
|Add HMRC CharityRefund - GASDS|1,197.25|||||||
|Add HMRC CharityInterest||90.95||||||
|||||35,321.21||||
|||||||74,919.89||
|||||||||
|Less Cheques Drawn||||19,023.00||||
|Less DDs||||6,574.76||||
|Less On-Line Payments||||13,856.66||||
|||||||39,454.42||
|||||||||
|**Closing Balance as at 31/03/2025**|||||||**£35,465.47**|
|||||||||
|**Ulster Bank Statement as at 31/03/2025**|||||||**£35,465.47**|
|||||||||