Church of God at Ballymena
Trustees Accounts Year Ended 30[th] September 2023
Oral Shields MCIPD
14 Drumreagh Road Ballygowan Co Down BT23 6LJ
Church of God at Ballymena
Trustees Accounts Year Ended 30[th] September 2023
I have prepared the accounts set out on the following pages from the records supplied to me.
To the best of my knowledge and belief these accounts are in agreement therewith.
I have not carried out an audit of the accounts.
Oral Shields MCIPD 14 Drumreagh Road Ballygowan Co Down BT23 6LJ
Church of God at Ballymena
Trustees Accounts
Year Ended 30[th] September 2023
| 2023 | 2022 | |
|---|---|---|
| Income | ||
| Offerings, Gifts & Tithes | 15532 | 21186 |
| Other Income | 0 | 806 |
| Bank Interest | 0 | 7 |
| Gift Aid | 4040 | 0 |
| Power NI | 174 | 0 |
| Total Income | 19746 | 21999 |
| Expenditure | ||
| Salaries & National Insurance | 11950 | 13604 |
| General Office | 840 | 840 |
| Local Office | 348 | 220 |
| Social | 100 | 0 |
| Telephone & Broadband | 777 | 736 |
| Electricity, Heat & Light | 1616 | 2434 |
| Water Charges | 372 | 0 |
| Maintenance, Repairs & Cleaning | 2489 | 4411 |
| New Equipment (IPad) | 269 | 0 |
| Building Insurance | 1633 | 1278 |
| Website & Advertising | 150 | 120 |
| Missionary Work | 1840 | 2450 |
| Legal Fees | 87 | 200 |
| Bank Charges | 63 | 66 |
| Children & Youth Work | 0 | 175 |
| Furnishing & Equipment | 0 | 320 |
| Total Expenses | 22534 | 26854 |
| Net Surplus/Deficit for Year | -2788 | -4855 |
Fixed Assets
| Church Buildings | 164585 | 164585 |
|---|---|---|
| Furnishing & Equipment | 44616 | 44616 |
| Total Fixed Assets | 209201 | 209201 |
| Current Assets | ||
| Danske Current Account | 2108 | 3443 |
| Danske Business Reserve Account | 20299 | 21107 |
| Total Current Assets | 22407 | 24550 |
| Net Assets | 231608 | 233751 |
| Financed By: | ||
| Capital Fund | ||
| Balance at 30thSeptember | 209201 | 209201 |
| Balance at 30thSeptember 2023 | 25195 | 29405 |
| Add Net Surplus/Deficit for Year | -2788 | -4855 |
| Total Funds | 231608 | 233751 |
Notes to Accounts:
Year Ended 30[th] September 2023
| Notes to Accounts: Year Ended 30th September 2023 |
|||
|---|---|---|---|
| Church Buildings | Furnishing & Equipment | Total | |
| Costs | |||
| As At 30thSeptember 2022 | 164585 | 44616 | 209201 |
| Additions During Year | 0 | 0 | 0 |
| As At 30th September 2023 | 164585 | 44616 | 209201 |
| Depreciation | |||
| As At 30thSeptember 2022 | 0 | 0 | 0 |
| Charge for Year | 0 | 0 | 0 |
| As At 30th September 2023 | 0 | 0 | 0 |
| Net Book Value | |||
| As At 30thSeptember 2022 | 164585 | 44616 | 209201 |
| As At 30th September 2023 | 164585 | 44616 | 209201 |
Depreciation
Buildings, Furniture and Equipment are not depreciated.
Insurance Valuations:
The Church properties and contents are insured against loss by fire for the following amounts at June 2023:
Church Buildings £701415 Church Contents £101478 Business Interruptions £100000
These Accounts were approved by the Board of Trustees for the Ballymena Church of God
Signed