The Churches of God Ballymena
Trustees Accounts Year Ended 30[th] September 2024
Oral Shields MCIPD 14 Drumreagh Road Ballygowan Co Down BT23 6LJ
The Churches of God Ballymena
Trustees Accounts Year Ended 30[th] September 2024
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
The Churches of God Ballymena
Trustees Accounts
Year Ended 30[th] September 2024
| 2024 | 2023 | |
|---|---|---|
| Income | ||
| Offerings, Gifts & Tithes | 17425 | 15532 |
| Other Income | 0 | 0 |
| Bank Interest | 338 | 0 |
| Gift Aid | 3955 | 4040 |
| Power NI | 402 | 174 |
| Total Income |
22120 | 19746 |
| Expenditure | ||
| Salaries & National Insurance | 10125 | 11950 |
| General Office | 840 | 840 |
| Local Office | 928 | 348 |
| Social | 0 | 100 |
| Telephone & Broadband | 675 | 777 |
| Electricity, Heat & Light | 1957 | 1616 |
| Water Charges | 392 | 372 |
| Maintenance, Repairs & Cleaning | 2602 | 2489 |
| New Equipment (IPad) | 0 | 269 |
| Building Insurance | 1662 | 1633 |
| Website & Advertising | 260 | 150 |
| Missionary Work | 2110 | 1840 |
| Legal Fees | 0 | 87 |
| Bank Charges | 67 | 63 |
| Children & Youth Work | 0 | 0 |
| Furnishing & Equipment | 0 | 0 |
| Total Expenses | 21618 | 26854 |
| Net Surplus/Deficit for Year | 502 | -4855 |
Fixed Assets
| Church Buildings | 164585 | 164585 |
|---|---|---|
| Furnishing & Equipment | 44616 | 44616 |
| Total Fixed Assets | 209201 | 209201 |
| Current Assets | ||
| Danske Current Account | 2273 | 2108 |
| Danske Business Reserve Account | 20636 | 20299 |
| Total Current Assets | 22909 | 22407 |
| Net Assets | 232110 | 231608 |
| Financed By: | ||
| Capital Fund | ||
| Balance at 30thSeptember | 209201 | 209201 |
| Balance at 30thSeptember 2024 | 22407 | 25195 |
| Add Net Surplus/Deficit for Year | 502 | -2788 |
| Total Funds | 232110 | 231608 |
Notes to Accounts:
Year Ended 30[th] September 2024
| Notes to Accounts: Year Ended 30th September 2024 |
|||
|---|---|---|---|
| Church Buildings | Furnishing & Equipment | Total | |
| Costs | |||
| As At 30thSeptember 2024 | 164585 | 44616 | 209201 |
| Additions During Year | 0 | 0 | 0 |
| As At 30th September 2024 | 164585 | 44616 | 209201 |
| Depreciation | |||
| As At 30thSeptember 2024 | 0 | 0 |
0 |
| Charge for Year | 0 | 0 | 0 |
| As At 30th September 2024 | 0 | 0 | 0 |
| Net Book Value | |||
| As At 30thSeptember 2023 | 164585 | 44616 | 209201 |
| As At 30th September 2024 | 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