| Notes | ||||
|---|---|---|---|---|
| Income &Expenditure | ||||
| Income | ||||
| Tithes &Offerings | 29,422 | 49,58 | ||
| Pledges & Donations | 2,796 | 8,97 | ||
| Gift Aid | 10,771 | |||
| Government Grant |
2,664 | |||
| Total Income | 45,653 | 58,55 | ||
| Direct Charitable Expenditure |
||||
| Hire of Hall | 2,185 | 11,66 | ||
| Chartable Donations 8 Gift to Missions |
4,355 | 2,28 | ||
| Pastoria Honorada | 22,100 | 26,00 | ||
| Honoraria to Visiting Speakers |
32 | |||
| Miceilaneous Church Expenses |
120 | 1,3 | ||
| Weffare &Youth expenses | 3,520 | 7,41 | ||
| 32,280 | 49,02 | |||
| Other expenditure | ||||
| Repairs &Maintenance | ||||
| Travel Expenses | ||||
| Accountancy fee | 2,500 | |||
| Postage, Printing &Stationery |
||||
| Purchase of Asset | 3,63 | |||
| Payment to Inland Revenue | 3,584 | 5,76 | ||
| Bank Charges | 12 | |||
| 6,096 | 9,74 | |||
| Total Expenditure | 38,376 | 58,76 | ||
| Net Income/Expenditure | for the year | 7,277 | -20 | |
| Funds balances brought |
forward | 123,085 | 123,29 | |
| Funds balances carried forward | 130,362 | 123,08 |
| GRACE CHARISMATIC CENTRE Statements ofAssets &Liabilities as at 31 March 2021 |
||
|---|---|---|
| 2020 f |
||
| MONETARY ASSETS | ||
| Current Account | 24,404 | 17,127 |
| Capital Reserve Account | 105,958 | 05,958 |
| Petty Cash | ||
| 130,362 | 23,085 |
| Debtors | 6,000 | 6,000 |
|---|---|---|
| 6,000 | 6,000 | |
| LIASILITIES | ||
| Accruals | 1,500 | 1,500 |
| 1,500 | 1,500 |