CELESTIAL CHURCH OF CHRIST
(HEPHZIBAH PARISH)
FINANCIAL REPORT FOR THE YEAR ENDED 31 MARCH 2022
CELESTIAL CHURCH OF CHRIST
HEPHZIBAH PARISH
INCOME & EXPENDITURE STATEMENT FOR THE YEAR ENDED 31 MARCH 2022
| Income Administratve Expenses Net Income surplus for the year Net proft brought forward Net proft carried forward |
2012 51,299 -57,236 |
|
|---|---|---|
| -5,937 52,864 |
||
| 46,927 |
The principal activities of Celestial Church of Christ- Hephzibah Parish, the provision of extensive range of spiritual and religious charitable services , and intends to do so more extensively in the year to come
It is the Trustee's responsibility to ensure the financial statements prepared give a true and fair view of the state of affairs of the church as at the end of the Financial year, and the surplus/deficit for the year; and in addition, reasonable and prudent judgements and estimates have been used in the preparation of the accounts
Trustee Celestial Church of Christ (Hephzibah Parish)
CELESTIAL CHURCH OF CHRIST
HEPHZIBAH PARISH
| BALANCE SHEET AT 31 MARCH 2022 Fixed Assets: Church furniture Church furniture Musical equipment Computer etc. Investment property Current assets: Debtors Cash in hand and bank Current liabilites: Accruals and trade creditors Creditors due afer 1 year Represented by: All Reserves b/f Equity in leasehold property Income surplus for the year |
- 27,365 27,365 -24,736 |
2022 2,811 2,995 11,539 548 146,000 |
|
|---|---|---|---|
| 163,893 2,629 |
|||
| 166,522 0 |
|||
| 166,522 | |||
| 172,459 -5,937 |
|||
| 166,522 |
0
CELESTIAL CHURCH OF CHRIST
HEPHZIBAH PARISH
INCOME & EXPENDITURE STATEMENT FOR THE YEAR ENDED 31 MARCH 2022
NOTES TO THE ACCOUNT
1 Accounting Policies
- a) Basis of Accounting
The financial statements have been prepared under the historical cost convention
| 2 Debtors Unpaid pledges Prepayment - Rent deposit 3 Creditors Amount falling due within one year: Loan interest Bank overdraft Bank loan on property Accruals Amount falling due after one year: Mortgage outstanding on property Members' contributons |
2022 - - |
|
|---|---|---|
| - | ||
| 5,675 6,574 11,987 500 |
||
| 24,736 | ||
| - | - | |
| 0 |
4 Charitable registration
The organisation is a registered charity and with the Charity Commission registration no. 1087491.
5 Historical Cost Profit and Loss
All assets are stated in the financial statement as historical cost.
Therefore no adjustments are required to the reported profit which is stated on an unmodified historical cost basis.
CELESTIAL CHURCH OF CHRIST
HEPHZEBAH PARISH
STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 MARCH 2022
| Income: Bank interest Collectons Rental Income Gif aid and charitable receipts Private and General donaton Tithes etc. Other income Church purchase donatons |
20122 364 20,893 12,408 1,834 6,755 9,045 - |
|
|---|---|---|
| 51,299 |
Less: Administrative expenses
| Rent and storage Light and Heatng Mortgage Interest Harvest Charitable donatons Depreciaton Bank charges Insurance Shepherd's expenses Radio, evangelism and welfare Telephone and internet Accountancy General Expenses Net surplus for the year |
32,400 - 2,395 3,894 12,600 942 16 - 3,500 659 480 200 150 57,236 -57,236 -5,937 |
32,400 - 2,395 3,894 12,600 942 16 - 3,500 659 480 200 150 57,236 -57,236 -5,937 |
|---|---|---|
| -5,937 |
Signed by
Trustee
CELESTIAL CHURCH OF CHRIST
HEPHZEBAH PARISH
STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 MARCH 2022
COMPILATION REPORT TO TRUSTEES OF CELESTIAL CHURUCH OF CHRIST
We have examined the Accounts on pages 1 according to Accounting principles of un-audited financial statement.
We report that the accompanying Financial Statements have been compiled from records kept by the church and information supplied by the Trustees.
We have not audited the accounts and accordingly, do not express an opinion or any other form of assurance.
ALLY BOATMAN COLLINS (ACCOUNTANTS) 62 BEECHWOOD ROAD LONDON E8 3DY
CELESTIAL CHURCH OF CHRIST
HEPHZEBAH PARISH
STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 MARCH 2022
SHEDULE OF FIXED ASSETS
| NBV B/f 31.3.2021 Deprecaton Yr. charg NBV as at 31 MAR 20 |
Furniture & Fitngs 2,959 -148 |
Church Furniture 3,153 -158 |
Musical Equipment Computer Etc. Etc. 12,146 577 -607 -29 |
Total 18,835 -942 |
|---|---|---|---|---|
| 2,811 | 2,995 | 11,539 548 |
17,893 |