| Contents | Page |
|---|---|
| Reference and Administrative Details |
|
| Report ofTrustees | |
| Trustees Responsibility Statement |
|
| Independent Examiner's Report |
10 |
| Statement of Financial Activities |
|
| Balance Sheet | |
| Notes to the Financial Statements | 13 |
| Unrestricted | Restricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | |||||
| f. | f | f. | ||||||
| income: | ||||||||
| Tithes 8 Olterings | 3a | 137,237 | 137,237 | 101,293 | ||||
| Donations 8Appeals | 3b | 25,570 | 25,570 | 20,743 | ||||
| Other Voluntary | Receipts | 3G | 9,196 | 9,196 | 7,380 | |||
| Other Income | 3d | 16,407 | 16,407 | 15,386 | ||||
| 188,409 | 188,409 | ~ | 144,802 | |||||
| Total Income | 188,409 | 188,409 | 144,802 | |||||
| Expenditure: | ||||||||
| Charitable Activities |
4a | 103,876 | 103,876 | 62,226 | ||||
| General Overhead | Expenses | 4b | 27,026 | 27,026 | 34,547 | |||
| Miscellaneous | 7,855 | 7,855 | 269 | |||||
| Total Expenses | 138,757 | 138,757 | 97,042 | |||||
| Net Surplus/(Loss) | 49,652 | 49,652 | 47,760 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| f. | E | |||||
| Fixed assets | ||||||
| Freehold | Building | 560,000 | 560,000 | |||
| Additions | ||||||
| 560,QOO | 560,000 | |||||
| Current | Assets | |||||
| Debtors | 15,400 | 16,117 | ||||
| Cash at | bank | 248,716 | 169,315 | |||
| 264,116 | 185,431 | |||||
| Creditors". | ||||||
| Amounts | falling due | within one year | (4,129) | (164) | ||
| Creditors: | ||||||
| Amounts | falling due | after one year | ||||
| Net current | ||||||
| assets/(liabilities) | 259,987 | 185,267 | ||||
| Total assets less current liabilities | 819,987 | 745,267 | ||||
| Represented by |
||||||
| Unrestricted | Fund | 97,412 | 95,214 | |||
| Restricted | Fund | |||||
| Reserve | 722,575 | 650,Q53 | ||||
| 819,987 | 745,257 |
| Total | Total | ||
|---|---|---|---|
| 2022 | 2021 | ||
| S | 6 | ||
| Kingdom Fund |
92,806 | 73,150 | |
| General Offerings | 23,762 | 17,907 | |
| Special Thanks Offerings | 20,669 | 10,236 | |
| 137,237 | 101,293 | ||
| 3b.Donations 8 Appeals | |||
| Total | Total | ||
| 2022 | 2021 | ||
| S | 6 | ||
| Launchings | 15,930 | 9,291 | |
| Feast Vote | 5,170 | 4,525 | |
| VisitsllAppeats//Donations | 4,470 | 6,927 | |
| 25,570 | 20,743 | ||
| 3c.Other Voluntary | Receipts | ||
| Total | Total | ||
| 2022 | 2021 | ||
| 6 | S | ||
| Ministry's Contribution |
0 | 0 | |
| Local Fund | 2,756 | 4,860 | |
| Church Hall Fund |
5,690 | 670 | |
| Vows - (Lout's Ministry) | 600 | 350 | |
| Vows - (Branch 8Local | Community) | 150 | 1,500 |
| 9,196 | 7,380 |
| Total | Total | ||
|---|---|---|---|
| 2022 | 2021 | ||
| 6 | 6 | ||
| Chanttes | Trust | 120 | 120 |
| Misc | 99 | 0 | |
| Gitt Aid | Reclaimed | 16,187 | 15,266 |
| 16,406 | 15,386 |
| Total | Total | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| 8 | E | ||||
| 4a. (5)Evangelism | |||||
| Evengelism - Gospel |
1,008 | 205 | |||
| Advancement | |||||
| Feast ofTabernacles | 3,938 | 2,183 | |||
| Freedom Day | 4,200 | 2,175 | |||
| Youth Activity & Youth Assembly | 7,818 | 903 | |||
| 4a.(2)Support For | Ministry | ||||
| Salem City Wam | 41,974 | 38,440 | |||
| Lord's Ministry Expenses | 18,067 | 4,677 | |||
| Other Ministry Expenses | 2,295 | 0 | |||
| Visiting Ministers Expenses | 2,112 | 1,285 | |||
| 4a.(3)Nembem | Welfare | ||||
| Welfare Expenses | 4,031 | 459 | |||
| Branch Visits | 50 | 0 | |||
| Financial Assistance | to Members | 4,400 | 500 | ||
| 4a.(4) Charitable | Donations | ||||
| Donations | 13,984 | 11,400 | |||
| 103,876 | 62,227 | ||||
| 4b.General Overhead | Expenses | ||||
| Total | Total | ||||
| 2022 | 2021 | ||||
| 8 | 8 | ||||
| Building Insurance | 1,536 | 1,415 | |||
| Utilities | 11,080 | 6,790 | |||
| Repairs &Maintenance | 14,410 | 26,342 | |||
| 27,026 | 34,547 | ||||
| 5.Debtors | |||||
| Total | Total | ||||
| 2022 | 2021 | ||||
| 8 | |||||
| Gtft Aid Reclaimed | 15,400 | 16,117 | |||
| 15,400 | 16,117 |