## **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** 

||||||**2023**||**2022**|
|---|---|---|---|---|---|---|---|
|||||||||
|**Income**||||||||
|||||||||
|Offerings,Gifts & Tithes|||||£15,532.00||£21,186.00|
|Gift Aid|||||£4,040.00||£0.00|
|Power NI|||||£174.00||£0.00|
|Other Income|||||£0.00||£806.00|
|Bank Interest|||||£0.00||£7.00|
|||||||||
|**Total Income**|||||**£19,746.00**||**£21,999.00**|
|||||||||
|||||||||
|**Expenditure**||||||||
|||||||||
|Salaries & National Insurance|||||£11,950.00||£13,604.00|
|General Office|||||£840.00||£840.00|
|Local Office|||||£348.00||£220.00|
|Social|||||£100.00||£0.00|
|Telephone & Broadband|||||£777.00||£736.00|
|Electricity,Heat & Light|||||£1,616.00||£2,434.00|
|Water Charges|||||£372.00||£0.00|
|Maintenance,Repairs & Cleaning|||||£2,489.00||£4,411.00|
|Ipad|||||£269.00||£0.00|
|BuildingInsurance|||||£1,633.00||£1,278.00|
|Website & Advertising|||||£150.00||£120.00|
|MissionaryWork|||||£1,840.00||£2,450.00|
|Legal Fees|||||£87.00||£200.00|
|Bank Charges|||||£63.00||£66.00|
|Children & Youth Work|||||£0.00||£175.00|
|Furnishing& Equipment|||||£0.00||£320.00|
|||||||||





|**Total Expenditure**|||||**£22,534.00**||**£26,854.00**|
|---|---|---|---|---|---|---|---|
|||||||||
|**Net Surplus/Deficit for Year**|||||**-£2,788.00**||**-£4,855.00**|
|||||||||
|||||||||
|**Fixed Assets**||||||||
|||||||||
|Church Buildings|||||£164,585.00||£164,585.00|
|Furnishing& Equipment|||||£44,616.00||£44,616.00|
|||||||||
|**Total Fixed Assets**|||||**£209,201.00**||£209,201.00|
|||||||||
|**Current Assets**||||||||
|||||||||
|Danske Current Account|||||£2,108.00||£3,443.00|
|Danske Business Reserve Account|||||£20,299.00||£21,107.00|
|||||||||
|**Total Current Assets**|||||**£22,407.00**||£24,550.00|
|||||||||
|**Less Current Liabilities**||||||||
|||||||||
|SundryCreditors|||||£0.00||£0.00|
|||||||||
|**Net Assets**|||||**£231,608.00**||**£233,751.00**|
|||||||||
|||||||||
|**Financed By**||||||||
|||||||||
|Capital Fund||||||||
|||||||||
|Balance at 30th September|||||£209,201.00||£209,201.00|
|||||||||
|Balance at 30th September 2023|||||£25,195.00||£29,405.00|
|Add Net Surplus/Deficit for Year|||||-£2,788.00||-£4,855.00|
|||||||||
|**Total Funds**|||||**£231,608.00**||**£233,751.00**|



## **Notes to the Accounts** 

|**Notes to the Accounts**|||||||
|---|---|---|---|---|---|---|
|**Year Ended 30th September 2023**|||||||
||||||||
|||**Church Buildings **||**Furnishing & Equipment**||**Total**|
|**Cost**|||||||
|At 30th September 2022||£164,585.00||£44,616.00||£209,201.00|
|Additions DuringYear||£0.00||£0.00||£0.00|
|**As At 30th September 2023**||**£164,585.00**||**£44,616.00**||**£209,201.00**|
||||||||
|**Depreciation**|||||||
|At 30th September 2022||£0.00||£0.00||£0.00|





|Charge for Year||£0.00||£0.00||£0.00|
|---|---|---|---|---|---|---|
|**As At 30th September 2023**||**£0.00**||**£0.00**||**£0.00**|
||||||||
|**Net Book Value**|||||||
|As At 30th September 2022||£164,585.00||£44,616.00||£209,201.00|
|**As At 30th September 2023**||**£164,585.00**||**£44,616.00**||**£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||£701,415.00|
|---|---|---|
|Church Contents||£101,478.00|
|Business Interruption||£100,000.00|



## **These Accounts were approved by the Board of Trustees for Church of God at Ballymena** 

## Thomas Bell 

## **Signed**