Page |16
CHURCH OF IRELAND AND METHODIST CHAPLAINCY BELFAST COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING THE INCOME AND EXPENDITURE ACCOUNT)
YEAR ENDED 30 JUNE 2025
----- Start of picture text -----
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Total|Total|
|Unrestricted|Restricted|Funds|Funds|
|Funds|Funds|2025|2024|
|Note|£|£|£|£|
|INCOMING|RESOURCES|
|Incoming|resources|from|generating|funds:|
|Voluntary|income|2|77,128|-|77,128|59,659|
|Activities|for|generating|funds|3|261,559|-|261,559|211,039|
|Investment|income|4|359|-|359|751|
|Incoming|resources|from|charitable|activities|5|150,615|-|150,615|156,873|
|Other|incoming|resources|6|4,778|-|4,778|5,217|
|TOTAL|INCOMING|RESOURCES|494,439|-|494,439|433,539|
|RESOURCES|EXPENDED|
|Charitable|activities|471,846|2,500|474,346|389,061|
|Governance|costs|8|(4,192)|-|(4,192)|11,419|
|TOTAL RESOURCES|EXPENDED|467,654|2,500|470,154|400,480|
|NET|INCOMING|/ (OUTGOING)|
|RESOURCES|BEFORE TRANSFERS|26,785|(2,500)|24,285|33,059|
|Transfer|between|funds|-|
|OTHER|RECOGNISED|LOSSES|
|Gain/(Loss)|on|revaluation|of investments|497|-|497|633|
|NET|INCOMING|RESOURCES|FOR|THE|
|YEAR|27,282|(2,500)|24,782|33,692|
|RECONCILIATION|OF|FUNDS|
|Total|funds|brought|forward|129,344|2,500|131,844|98,152|
|TOTAL FUNDS|CARRIED|FORWARD|156,626|-|156,626|131,844|
----- End of picture text -----
The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.
The notes on pages 17 to 29 form part of these financial statements.
Page |17
CHURCH OF IRELAND AND METHODIST CHAPLAINCY BELFAST COMPANY LIMITED BY GUARANTEE
BALANCE SHEET
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|30|JUNE|2025|
|2025|2024|
|Note|£|£|£|
|FIXED|ASSETS|
|Tangible|assets|13|80,007|26,655|
|Investments|14|16,256|15,759|
|96,263|42,414|
|CURRENT|ASSETS|
|Debtors|15|2,173|21,756|
|Cash|at|bank|and|in hand|74,263|73,686|
|76,436|95,422|
|CREDITORS:|Amounts|falling|due within|one|
|year|16|16,073|6,012|
|NET CURRENT ASSETS|60,363|89,430|
|NET|ASSETS|156,626|131,844|
|FUNDS|
|Restricted|income|funds|17|-|2,500|
|Unrestricted|income|funds|18|156,626|129,344|
|TOTAL FUNDS|156,626|131,844|
----- End of picture text -----
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and in accordance with Charities SORP (FRS 102).
The directors are satisfied that the company is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audit of the financial statements for the year by virtue of section 477(2) relating to small companies, and that no member or members have requested an audit pursuant to section 476(1) of the Act.
The directors acknowledge their responsibilities for:
-
(i) ensuring that the company keeps adequate accounting records which comply with section 386 of the Act, and
-
(ii) preparing financial statements which give a true and fair view ofthe state of affairs of the company as at the end of the financial year and of its surplus or deficit for the financial year in accordance with the requirements of section 393, and which otherwise comply with the requirements of the Act relating to financial statements, so far as applicable to the company.
These financial statements were approved by the members of the committee on the 2S. 2. Dob and are signed on wor by: » JDirectorUNSWORTH DRIDirector TAYLOR Date: 2B|EL 24 pate:,..27,f2-| A Company Registration Number: NI680339
Page |18
;
CHURCH OF IRELAND AND METHODIST CHAPLAINCY BELFAST COMPANY LIMITED BY GUARANTEE
STATEMENT OF CASH FLOWS
YEAR ENDED 30 JUNE 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| Cash flow from operating activities | 21 | 70,719 | 25,144 |
| Netcash flow from operating activities | 25,144 | ||
| Investing activities | |||
| Purchaseoftangible fixed assets | (70,142) | (34,716) | |
| Net increase/(decrease) in cash and cash equivalents | 577 | (9,572) | |
| Cash and cash equivalents at30June2024 | 73,686 | 83,258 | |
| Cash and cash equivalents at30June2025 | 74,263 | 73,686 | |
| Cash and cash equivalents consist of- | |||
| Cash at bank and in hand | 74,263 | 73,686 | |
| Cashandcashequivalentsat30June2025 | 74,263 | 73,686 |
Page |19
CHURCH OF IRELAND AND METHODIST CHAPLAINCY BELFAST COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 JUNE 2025
- ACCOUNTING POLICIES
General information and basis of accounting Church of Ireland and Methodist Chaplaincy Belfast is a charitable company limited by guarantee and does not have any share capital. It registered as a charity with The Charity Commission for Northern Ireland on 20 January 2022 and it is incorporated in Northern Ireland. The address of the registered office is given in the charity information on page | of these financial statements.
The charitable company constitutes a public benefit entity as defined by FRS 102.
Statement of compliance
The financial statements have been prepared in compliance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act (Northern Ireland) 2008, The Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 and the Companies Act 2006 and UK Generally Accepted Practice as it applies from 1 January 2015.
The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest £1.
The significant accounting policies are set out below. The directors consider that these accounting policies are suitable, have been consistently applied and are supported by reasonable and prudent judgement and estimates.
Fund accounting — unrestricted funds
The company’s unrestricted funds consist of a General Fund which is expendable at the discretion of the directors in furtherance of the charitable objects of the company. The directors may at their discretion designate funds for specific purposes, but the designation does not legally restrict the directors’ discretion to apply the funds.
Income recognition
All income is included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably, and it is probable that the income will be received.
For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained, then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity, and it is probable that they will be fulfilled.
Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably, and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. For example, the amount the charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure.
Page |20
COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 30 JUNE 2025
- ACCOUNTING
POLICIES (continued)
Income recognition (continued)
No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). Further detail is given in the Directors’ Annual Report.
Where practicable, gifts in kind donated for distribution to the beneficiaries of the charity are included in stock and donations in the financial statements upon receipt. If it is impracticable to assess the fair value at receipt or if the costs to undertake such a valuation outweigh any benefits, then the fair value is recognised as a component of donations when it is distributed and an equivalent amount recognised as charitable expenditure.
Voluntary income received by way of donations and gift is credited to revenue on a receivable basis.
Fixed asset gifts in kind are recognised when receivable and are included at fair value. They are not deferred over the life of the asset.
For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received. At this point income is recognised. On occasion legacies will be notified to the charity however it is not possible to measure the amount expected to be distributed. On these occasions, the legacy is treated as a contingent asset and disclosed.
Investment income is interest earned through holding cash at bank. Interest income is recognised when receivable.
Expenditure recognition
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably.
Where costs cannot be directly attributed to a particular heading they have been allocated to activities on a basis consistent with the use of the resources. Staff costs and overhead expenses are allocated to activities on the basis of staff time spent on those activities.
Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.
Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.
Tangible fixed assets Tangible fixed assets are measured at cost.
Depreciation is recognised to write offthe costs of the assets over their useful lives on the following basis:Equipment 20% - 33% straight line Fixtures and fittings 25% straight line
Page |21
CHURCH OF IRELAND AND METHODIST CHAPLAINCY BELFAST COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 30 JUNE 2025
- ACCOUNTING POLICIES (continued)
Value Added Tax
The charity is not registered for VAT purposes; therefore expenditure is shown gross of VAT.
Taxation
As a charity, the company benefits from various exemptions afforded by tax legislation. It is therefore not liable to corporation tax on income or gains falling due within those exemptions. Recovery is made of tax deducted from receipts under gift aid.
Going concern
The financial statements have been prepared on a going concern basis. The Directors consider the basis to be appropriate assuming that the charity has adequate financial support from the bankers and related parties.
| 2. | Voluntaryincome | Unrestricted | Totalfor | TotalLast | |
|---|---|---|---|---|---|
| Funds | year | year | |||
| £ | £ | £ | |||
| Subscriptions andtax refund Parish subscriptions |
39,055 6,171 |
39,055 6,171 |
37,121 6,242 |
||
| Other donations | 2,156 | 2,156 | - | ||
| Diocesan grants Conor Down and Dromore |
4,521 - |
4,521 - |
4,190 3,000 |
||
| Grants RCB grant Church ofResurrectionFWO |
19,500 ~ 5,725 |
19,500 - 5,725 |
- 4,000 5,106 |
||
| 77,128 | 77,128 | 59,659 | |||
| 3. | Activities from generating funds | ||||
| Unrestricted | Restricted | Total for | Total Last | ||
| Funds | Funds | year | year | ||
| £ | £ | £ | £ | ||
| Resident students | 228,808 | - | 228,808 | 193,134 | |
| Vacation residency | 22,073 | - | 22,073 | 7,827 | |
| Huib café sales | 9,042 | - | 9,042 | - | |
| Theological lecture WorshipAcademy fees Student bursary |
1,636 - - |
- - - |
1,636 - - |
- 5,078 5,000 |
|
| 261,559 | - | 261,559 | 211,039 |
Page |22
CHURCH OF IRELAND AND METHODIST CHAPLAINCY BELFAST COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 30 JUNE 2025
4. Investment income
----- Start of picture text -----
||||||||||
|---|---|---|---|---|---|---|---|---|
|Unrestricted|Total|for|Total|Last|
|Funds|year|Year|
|£|£|£|
|Income|from|Church|of Ireland|Trustees|Assts|58|58|302|
|Dividend|income (Boyd Bequest)|301|301|295|
|Bank|interest|-|-|154|
|359|359|751|
----- End of picture text -----
- Incoming resources from charitable activities
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|Unrestricted|Restricted|Total|for|Total|Last|
|Funds|Funds|year|Year|
|£|£|£|£|
|Belfast Chaplaincy|development|project|112,991|-|112,991|
|— salary|costs|109,777|
|Methodist Home Mission|Grants|37,624|-|37,624|47,096|
|150,615|-|150,615|156,873|
|6.|Other|incoming|resources|
|Unrestricted|Total|for|Total|Last|
|Funds|year|Year|
|£|£|£|
|Use|of the Hub|4,625|4,625|4,746|
|Sundry|153|153|471|
|4,778|4,778|5,217|
----- End of picture text -----
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|7.|Analysis|of expenditure|on|charitable|activities|
|Activities|
|undertaken|Support|Total|for|Total|Last|
|directly|costs|year|Year|
|£|£|£|£|
|Residential &|outreach|472,710|(4,192)|468,518|400,480|
----- End of picture text -----
Page |23
CHURCH OF IRELAND AND METHODIST CHAPLAINCY BELFAST COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 30 JUNE 2025
8. Allocation of support costs
| Basis of | Total for | Total Last | |||
|---|---|---|---|---|---|
| allocation | Ministry £ |
year £ |
Year £ |
||
| Governance (note9) | Cost | (4,192) | (4,192) | 11,419 | |
| (4,192) | (4,192) | 11,419 | |||
| 9. | Governancecosts |
| Unrestricted | Total for | Total Last | ||
|---|---|---|---|---|
| Funds | year | Year | ||
| £ | £ | £ | ||
| Independentexaminer’s fees Legal& professional Other financial costs |
1,619 (6,049) 238 |
1,619 (6,049) 238 |
T15 10,079 565 |
|
| (4,192) | (4,192) | 11,419 | ||
| 10. | Netincome for theyear | |||
| This is stated after charging: | ||||
| Total for | Total Last | |||
| year | Year | |||
| £ | £ | |||
| Depreciation | 16,790 | 8,061 | ||
| Operatingleaserentals | - | - |
| Total for | Total Last |
|---|---|
| year | Year |
| £ | £ |
| 16,790 | 8,061 |
| - | - |
Page |24
CHURCH OF IRELAND AND METHODIST CHAPLAINCY BELFAST COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 30 JUNE 2025
11. Directors’ and key management personnel remuneration and expenses
The key management personnel are considered to be the trustees.
The trustees neither received nor waived any remuneration during the year (2024 — Nil).
The trustees did not have any expenses reimbursed during the year (2024 — Nil).
12. Staff costs and employee benefits
Total staff costs were as follows:
| Total staff costscosts were as follows: | ||
|---|---|---|
| Total for | Total Last | |
| year | Year | |
| £ | £ | |
| Wages and salaries | 151,170 | 191,516 |
| Social security costs | 8,420 | 10,111 |
| Otherpension costs | 21,549 | 14,290 |
| 181,139 | 215,917 | |
| Allocated to: | Totalfor | Total Last |
| Year | Year | |
| £ | & | |
| Residential & outreach | 181,139 | 215,917 |
| 181,139 | 215,917 |
Particulars of employees: The average monthly number of employees including the directors during the year, calculated on the basis of full-time equivalents, was as follows:
| thebasisof full-timefull-timeequivalents,wasasfollows: | |||
|---|---|---|---|
| the basis of full-timefull-time equivalents, was as follows: | Total for | Total Last | |
| year | Year | ||
| No | |||
| Management Residential Outreach |
1 2 6 |
1 2 6 |
|
| 9 | 9 |
No employee received remuneration of more than £60,000 during the year.
Page |25
CHURCH OF IRELAND AND METHODIST CHAPLAINCY BELFAST COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 30 JUNE 2025
| 13. | Tangible fixed assets | |||
|---|---|---|---|---|
| Fixtures and | ||||
| Equipment | fittings | Total | ||
| Cost | £ | £ | £ | |
| At 1 July2024 | 19,240 | 15,476 | 34,716 | |
| Additions | 54,313 | 15,829 | 70,142 | |
| At 30 June 2025 | 73,553 | 31,305 | 104,858 | |
| Depreciation | £ | £ | £ | |
| At 1 July2024 | 4,193 | 3,868 | 8,061 | |
| Charge forthe year | 10,777 | 6,013 | 16,790 | |
| At 30June2025 | 14,970 | 9,881 | 24,851 | |
| Net book value | £ | £ | £ | |
| At30June 2025 | 58,583 | 21,424 | 80,007 | |
| At 30 June 2024 | 15,047 | 11,608 | 26,655 | |
| 14. | Investments | |||
| 2025 | 2024 | |||
| £ | 7 | |||
| Marketvalueat30June2025 | 16,256 | 15,759 |
Investments reflect holdings in to two bequests held in unit trusts - Miss Annie Boyd (Ballycastle) Memorial Endowment & Mrs S Graham Bequest.
The fair value of investments is determined by reference to the valuations provided by RCB Unit Trusts at 30" June 2025.
15. Debtors
| 15. | Debtors | ||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Other debtors | 2,173 | 21,756 | |
| 16. | Creditors: Amounts falling due within one year | ||
| 2025 | 2024 | ||
| £ | £ | ||
| PAYE and social security | 2,198 | 885 | |
| Accruals | 13,875 | 5,127 | |
| 16,073 | 6,012 |
Page |26
CHURCH OF IRELAND AND METHODIST CHAPLAINCY BELFAST COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 30 JUNE 2025
17. Restricted funds
| Balance at | Balance as at | |||||
|---|---|---|---|---|---|---|
| 30June2024 | Income | Expenditure | Transfers | 30June2025 | ||
| £ | £ | £ | £ | £ | ||
| Restricted | funds | 2,500 | - | (2,500) | - | - |
| 2,500 | - | (2,500) | - | - | ||
| Balance at | Balance as at | |||||
| 30June 2023 | Income | Expenditure | Transfers | 30June2024 | ||
| £ | £ | £ | £ | £ | ||
| Restrictedfunds | funds | 9,000 | 114,777 | (144,808) | 23,531 | 2,500 |
| 9,000 | 114,777 | (144,808) | 23,531 | 2,500 |
18. Unrestricted funds
| Balance at | Balance as at | ||||||
|---|---|---|---|---|---|---|---|
| 30June2024 | Income | Expenditure | Transfers | Gain | 30June2025 | ||
| £ | £ | £ | £ | £ | £ | ||
| General | Funds | 129,344 | 494,439 | (467,654) | - | 497 | 156,626 |
| 129,344 | 494,439 | (467,654) | - | 497 | 156,626 | ||
| Balance at | Balance as at | ||||||
| 30June2023 | Income | Expenditure | Transfers | Gain | 30June2024 | ||
| £ | £ | £ | £ | £ | £ | ||
| General | Funds | 89,152 | 318,762 | (255,672) | (23,531) | 633 | 129,344 |
| 89,152 | 318,762 | (255,672) | (23,531) | 633 | 129,344 |
Unrestrictedfunds:
- General fund The unrestricted funds of the charity consist of a General Fund which is expendable at the discretion of the trustees in furtherance of the charitable objectives of the charity and which has not been designated for other purposes.
Page |27
CHURCH OF IRELAND AND METHODIST CHAPLAINCY BELFAST COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 30 JUNE 2025
19. Analysis of net assets between funds
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|Tangible|Net|current|
|As|at 30 June 2025|fixed|assets|assets|Total|
|£|£|£|
|Unrestricted|Funds|96,263|60,363|156,626|
|Restricted|Funds|-|-|-|
|Total Funds|96,263|60,363|156,626|
|Tangible|Net|current|
|As|at 30 June 2024|fixed|assets|assets|Total|
|£|£|£|
|Unrestricted|Funds|42,414|84,430|126,844|
|Restricted|Funds|-|2,500|2,500|
|Total Funds|42,414|86,930|129,344|
----- End of picture text -----
- Reconciliation of net income to net cash flow from operating activities
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|Total|for|Total|Last|
|year|year|
|£|£|
|Net|income|for year|24,285|33,059|
|Depreciation|16,790|8,061|
|Increase/(decrease)|in|creditors|10,061|(5,077)|
|Decrease/(increase)|in|debtors|19,583|(10,899)|
|Decrease|in|investments|-|-|
|Net|cash|flow|from|operating|activities|70,719|25,144|
----- End of picture text -----
21. Related party transactions
With a number of trustees being nominated representatives from - and therefore tithing members of - the Church of the Resurrection, a total of £2,580 (2024 - £4,450) is recorded as collated income for the year to 30" June 2025.
Expenses of £625 were paid to one trustee — Rev Danielle McCullagh - for costs incurred in the course of their work on behalf of the charity as chaplain.
22. Company limited by guarantee
The company is limited by guarantee and has no share capital.
On a winding up members may be required to contribute a maximumof£1.
Page |28
CHURCH OF IRELAND AND METHODIST CHAPLAINCY BELFAST COMPANY LIMITED BY GUARANTEE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|YEAR|ENDED|30|JUNE|2025|
|Total|for|Total|Last|
|year|year|
|£|£|
|INCOMING RESOURCES|
|VOLUNTARY INCOME|
|Subscriptions|and|tax|refund|39,055|37,121|
|Parish|subscriptions|6,171|6,242|
|Other|donations|2,156|-|
|Diocesan|grants|Conor|4,521|4,190|
|Down|and|Dromore|-|3,000|
|Grants|19,500|-|
|RCB|-|4,000|
|Church|of the|Resurrection|FWO|5,725|5,106|
|77,128|59,659|
|ACTIVITIES|FOR GENERATING|FUNDS|
|Resident|students|228,808|193,134|
|Vacation|residency|22,073|7,827|
|Hub|café|income|9,042|-|
|Theological|lecture|1,636|-|
|Worship|Academy|fees|-|5,078|
|Student|bursary|-|5,000|
|261,559|211,039|
|INVESTMENT|INCOME|
|Income|from|Church|of Ireland|Trustees|Assts|58|302|
|Dividend|income|(Boyd|Bequest)|301|295|
|Bank|interest|-|154|
|359|751|
|INCOMING|RESOURCES|FROM|CHARITABLE|
|ACTIVITIES|
|Belfast|Chaplaincy|development|project —|salary|costs|112,991|109,777|
|Methodist|Home|Mission|Grants|37,624|47,096|
|150,615|156,873|
|OTHER|INCOMING|RESOURCES|
|Use|of|the|Hub|4,625|4,746|
|Sundry|153|471|
|4,778|5,217|
|TOTAL INCOMING|RESOURCES|494,439|433,539|
----- End of picture text -----
Page |29
CHURCH OF IRELAND AND METHODIST CHAPLAINCY BELFAST COMPANY LIMITED BY GUARANTEE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 30 JUNE 2025
| For the | Total | |
|---|---|---|
| year | Last year | |
| £ | £ | |
| RESOURCES EXPENDED | ||
| CHARITABLE ACTIVITIES | ||
| Costs ofthe Hub Café | 27,645 | - |
| Wages& salaries | 159,590 | 201,627 |
| Pension costs | 21,549 | 14,290 |
| Ground rent, rates and insurance | 28,081 | 14,323 |
| Light& heat | 60,177 | 53,640 |
| Repairs& maintenance | 53,636 | 33,669 |
| Telephone & internet | 4,775 | 4,336 |
| Computerexpenses | 3,802 | 1,859 |
| Charitable donations | 2,610 | 11,052 |
| Training | 2,447 | 2,150 |
| Office expenses | 6,139 | 4,647 |
| Housekeeping expenses | 53,914 | 12,755 |
| Outreach and mission expenses | 10,887 | 4,969 |
| Ministry expenses | 19,430 | 13,742 |
| Bursary payments | 2,500 | 2,500 |
| Worship Academy expenses | 187 | 2,811 |
| General expenses | 187 | 2,630 |
| Depreciation | 16,790 | 8,061 |
| 474,346 | 389,061 | |
| GOVERNANCE COSTS | ||
| Independentexaminers’ fees | 1,619 | 775 |
| Legal& professional | (6,049) | 10,079 |
| Bank fees and interest | 238 | 565 |
| (4,192) | 11,419 | |
| TOTALRESOURCES EXPENDED | 470,154 | 400,480 |
| NET INCOMING RESOURCES FOR THE YEAR BEFORE | ||
| TRANSFERS&OTHERGAINS | 24,285 | 33,059 |