TRUSTEE’S ACCOUNTS
CHURCHES OF GOD IN IRELAND NEWTOWNARDS CONGREGATION YEAR ENDED 30[TH] SEPTEMBER 2023
ORAL SHIELDS MCIPD
14 DRUMREAGH ROAD BALLYGOWAN
CO DOWN
NORTHERN IRELAND BT23 6LJ
TRUSTEES’S ACCOUNTS
CHURCHES OF GOD IN IRELAND NEWTOWNARDS CONGREGATION
ACCOUNTS REPORT YEAR ENDED 30[TH] SEPTEMBER 2023
I have prepared the accounts set out in the following pages from the records and information 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
Northern Ireland
BT23 6LJ
TRUSTEES ACCOUNTS
CHRUCHES OF GOD IN IRELAND
NEWTOWNARDS CONGREGATION
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30[TH] SEPTEMBER 2023
| Income Offerings, Gifts & Fundraising Youth Groups Rent, Heat & Light Furlough Building Fund Bank Interest Total Income Expenditure Salaries & National Insurance General Office Local Office & Ministry Expenses Repairs, Maintenance & Cleaning Music Ministry & Sound Equipment Light & Heat Water Charges Insurance Gifts, Missions & Visiting Ministry Children & Youth Work Motor Expenses Manse Expenses Church Supplies Bank Charges Total Expenses Net Surplus/Deficit for Year |
2023 35724 7406 - 11873 150 55153 22432 840 800 45812 4137 6623 530 1363 173 558 1230 3841 593 104 89036 (33883) |
2022 38756 6565 1100 - 180 46601 21285 840 873 3648 2080 4704 530 1292 853 93 1930 2126 - 109 40363 6238 |
|---|---|---|
TRUSTEES ACCOUNTS
CHURCHES OF GOD IN IRELAND
NEWTOWNARDS CONGREGATION
BALANCE SHEET AS AT 30[TH] SEPTEMBER 2023
| 2023 | 2022 | |
|---|---|---|
| FIXED ASSETS | ||
| Church Buildings | 82808 | 82808 |
| Furnishing & Equipment | 24967 | 24967 |
| Total Fixed Assets | 107775 | 107775 |
| CURRENT ASSETS | ||
| Danske Bank Current Account | 38891 | 72221 |
| Danske Bank Deposit Account | 1456 | 1430 |
| Total Current Assets | 40347 | 73651 |
| Net Current Assets |
148122 |
181426 |
| Less Current Liabilities | ||
| Sundry Creditors | (1874) | (1295) |
| NET ASSETS |
146248 | 180131 |
| FINANCED BY: | ||
| CAPITAL FUND | ||
| Balance at 30thSeptember 2022 & 2023 | 107775 | 107775 |
| ACCUMULATED SURPLUS | ||
| Balance at 30thSeptember 2023 | 72356 | 66118 |
| Less Net Surplus/Deficit for Year |
(33883) | 6238 |
| Balance at 30thSeptember 2023 | 72356 | |
| TOTAL FUNDS | 146248 | 180131 |
TRUSTEES ACCOUNTS
CHURCHES OF GOD IN IRELAND NEWTOWNARDS CONGREGATION
30[TH] SEPTEMBER 2023
The Accounts were approved by the Board of Trustees on: 11[th] June 2024
TRUSTEE’S ACCOUNTS
CHURCHES OF GOD IN IRELAND NEWTOWNARDS CONGREGATION
NOTES TO THE ACCOUNTS 30[TH] SEPTEMBER 2023
1. FIXED ASSETS
| COST At 30th September 2023 Additions during Year- At 30thSeptember 2023 DEPRECIATION At 30thSeptember 2023 Charge for Year At 30thSeptember 2023 NET BOOK VALUE At 30thSeptember 2023 At 30thSeptember 2023 |
Church Buildings 82808 - 82808 - - - 82808 82808 |
Furnishings & Equipment 24967 - 24967 - - - 24967 24967 |
Totals 107775 107775 - - - 107775 107775 |
|---|---|---|---|
2. DEPRECIATION
Church Buildings, Furniture and Equipment are not depreciated.
3. VALUATION OF CHURCH BUILDINGS
The value of Church Buildings for insurance purposes includes an extension to the rear of the original Church Building which is included in the books of the Play-A-Way Children Centre at a cost at 31[st] August 2001 of £100641.