The Church of God at Ballymena
Trustees Accounts
Year Ended 30th September 2023
I have prepared the accounts set out on the following pages from the records supplied to 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
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2023 |
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2022 |
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| Income |
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| Offerings,Gifts & Tithes |
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£15,532.00 |
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£21,186.00 |
| Gift Aid |
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£4,040.00 |
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£0.00 |
| Power NI |
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£174.00 |
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£0.00 |
| Other Income |
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£0.00 |
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£806.00 |
| Bank Interest |
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£0.00 |
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£7.00 |
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| Total Income |
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£19,746.00 |
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£21,999.00 |
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| Expenditure |
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| Salaries & National Insurance |
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£11,950.00 |
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£13,604.00 |
| General Office |
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£840.00 |
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£840.00 |
| Local Office |
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£348.00 |
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£220.00 |
| Social |
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£100.00 |
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£0.00 |
| Telephone & Broadband |
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£777.00 |
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£736.00 |
| Electricity,Heat & Light |
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£1,616.00 |
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£2,434.00 |
| Water Charges |
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£372.00 |
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£0.00 |
| Maintenance,Repairs & Cleaning |
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£2,489.00 |
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£4,411.00 |
| Ipad |
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£269.00 |
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£0.00 |
| BuildingInsurance |
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£1,633.00 |
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£1,278.00 |
| Website & Advertising |
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£150.00 |
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£120.00 |
| MissionaryWork |
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£1,840.00 |
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£2,450.00 |
| Legal Fees |
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£87.00 |
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£200.00 |
| Bank Charges |
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£63.00 |
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£66.00 |
| Children & Youth Work |
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£0.00 |
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£175.00 |
| Furnishing& Equipment |
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£0.00 |
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£320.00 |
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| Total Expenditure |
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£22,534.00 |
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£26,854.00 |
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| Net Surplus/Deficit for Year |
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-£2,788.00 |
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-£4,855.00 |
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| Fixed Assets |
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| Church Buildings |
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£164,585.00 |
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£164,585.00 |
| Furnishing& Equipment |
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£44,616.00 |
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£44,616.00 |
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| Total Fixed Assets |
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£209,201.00 |
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£209,201.00 |
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| Current Assets |
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| Danske Current Account |
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£2,108.00 |
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£3,443.00 |
| Danske Business Reserve Account |
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£20,299.00 |
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£21,107.00 |
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| Total Current Assets |
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£22,407.00 |
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£24,550.00 |
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| Less Current Liabilities |
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| SundryCreditors |
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£0.00 |
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£0.00 |
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| Net Assets |
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£231,608.00 |
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£233,751.00 |
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| Financed By |
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| Capital Fund |
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| Balance at 30th September |
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£209,201.00 |
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£209,201.00 |
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| Balance at 30th September 2023 |
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£25,195.00 |
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£29,405.00 |
| Add Net Surplus/Deficit for Year |
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-£2,788.00 |
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-£4,855.00 |
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| Total Funds |
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£231,608.00 |
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£233,751.00 |
Notes to the Accounts
| Notes to the Accounts |
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| Year Ended 30th September 2023 |
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**Church Buildings ** |
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Furnishing & Equipment |
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Total |
| Cost |
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| At 30th September 2022 |
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£164,585.00 |
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£44,616.00 |
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£209,201.00 |
| Additions DuringYear |
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£0.00 |
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£0.00 |
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£0.00 |
| As At 30th September 2023 |
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£164,585.00 |
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£44,616.00 |
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£209,201.00 |
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| Depreciation |
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| At 30th September 2022 |
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£0.00 |
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£0.00 |
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£0.00 |
| Charge for Year |
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£0.00 |
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£0.00 |
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£0.00 |
| As At 30th September 2023 |
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£0.00 |
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£0.00 |
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£0.00 |
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| Net Book Value |
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| As At 30th September 2022 |
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£164,585.00 |
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£44,616.00 |
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£209,201.00 |
| As At 30th September 2023 |
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£164,585.00 |
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£44,616.00 |
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£209,201.00 |
Depreciation
Buildings, Furniture and Equipment are not depreciated
Insurance Valuations
The Church's properties and contents are insured against loss by fire for the following amounts at June 2023
| Church Buildings |
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£701,415.00 |
| Church Contents |
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£101,478.00 |
| Business Interruption |
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£100,000.00 |
These Accounts were approved by the Board of Trustees for Church of God at Ballymena
Thomas Bell
Signed