| CONTENTS | PAGES |
|---|---|
| 1. CHARITY INFORMATION | |
| 2. ACCOUNTANTS' REPORT |
|
| 3. REPORT OFTHE TRUSTEES | 3-4 |
| 4. BALANCE SHEET | |
| 5. INCOME AND EXPENDITURE ACCOUNT | |
| 6. NOTES TO THE ACCOUNTS | 7-9 |
| Unrestricted | Restricted | Kndowntent | Total | Funds | |||
|---|---|---|---|---|---|---|---|
| Notes | Funds | Funds | Funds | 2022 | 2022 | ||
| INCOME | |||||||
| Incoming resources from | donors | 126,570 | 126,570 | 90,510 | |||
| Other incoming resources |
|||||||
| TOTAL INCOMING RESOURCES | 126570 | 126570 | 90510 | ||||
| RESOURCES EXPENDED | |||||||
| Costs ofgenerating funds |
|||||||
| Missionary and Charitable |
giving | 3a | |||||
| Activities directly relating | to the | ||||||
| work ofthe church | 3b | 18,424 | 18,424 | 11,575 | |||
| Church management and |
admin. | 3c | 56530 | 56530 | 39020 | ||
| TOTAL RESOURCES | EXPENDED | 74954 | 74,954 | 50 595 | |||
| NET INCOMING/(OUTGOING) | 51,616 | 51,616 | 39,915 | ||||
| RESOURCES GAINS AND LOSSES | |||||||
| ON INVESTMENTS | |||||||
| NET MOVEMENT IN FUNDS | 51,616 | 51,616 | 39,915 | ||||
| BALANCE BROUGHT | FORWARD AT | 584,430 | 584,430 | 544,515 | |||
| PRIOR YEAR ADJUSTMENT | |||||||
| BALANCE CARRIED FORWARD AT | ~4 | - | - | ~63 | 58441 |
| SHIKL,BOF FAjTH srlkXiIS | SHIKL,BOF FAjTH srlkXiIS | SHIKL,BOF FAjTH srlkXiIS | SHIKL,BOF FAjTH srlkXiIS | SHIKL,BOF FAjTH srlkXiIS | TRJKS | TRJKS | TRJKS | |
|---|---|---|---|---|---|---|---|---|
| CONSOKEOATKEI BALA'NCK SHEET AS 08restrieted gonads |
AT 31MARCH 2623 !!8estrieted guads |
|||||||
| F!XK!7,' SSLTS | ||||||||
| !8ngiblc Assets |
762. I „"". * |
7w9 0, ' 5 |
||||||
| CURRENT ASSKTS | ||||||||
| Tn00!08 Bsr!8 | 5 | |||||||
| B8!'!1888 B8!1!' 88!1ill I 811 " |
50 084 963 56 '13ii |
4:i::8! | ||||||
| CLRRB!WTL!AB!s.!s!., 'S Orcdi!!!Tssidl iieet" 81.1 |
'!8 | |||||||
| CBRREIST KgABLlL!T1gr.S 4'l0!Tgsge |
I74.698 | '0;.033 | ||||||
| !82.3i,. | :08.866 | |||||||
| !~26.076 | EI | 64.585I | ||||||
| g!!44!3+I | ||||||||
| ACC!11TIUIC!ei ". Uiids 'ldiG'; Nict I80001clOCtgv!Cdg Rc80!8008 |
584.430 5!.6!6 |
544 5 i 39.9!5 |
||||||
| ~636 | 046 | |||||||
| A'. Is!TO"!3!0BYTHE | BOARO OE iigl'8 | ~8'r!i IBESON ~ 7 |
~~'~~/ |
| f. Tangible assets are included a offthe assets over their useful |
t cost and depreci lives. |
t cost and depreci lives. |
ation is p |
rovided o |
n a straight l | ine basis, in ord | er to wr |
|---|---|---|---|---|---|---|---|
| g. All expenditure is accounted |
for on an Accrual | Basis. | |||||
| The depreciation | rates as follows: | ||||||
| Computer and Office Equipment |
10% | ||||||
| Motor Vehicles | 10% | ||||||
| Baptismal Pool |
10% | ||||||
| Building Refurbishment |
10% | ||||||
| INCOMING RESOURCES | unrestricted | Restricted | Kudossruent | Total Funds | |||
| Funds | Funds | Funds | 2023 | 2022 | |||
| 8 | |||||||
| Special Donations- | Gift Aid | 27,756 | 27,756 | ||||
| Offering | 19,504 | 19,504 | 17,182 | ||||
| Tithes | 66,385 | 66,385 | 63,453 | ||||
| Sunday School | 0 | ||||||
| Building Fund | 1,41 5 | 1,415 | 0 | ||||
| Fund Raising | 666 | 666 | 0 | ||||
| Hall Hire | 1,476 | 1,476 | 1,286 | ||||
| Love Offering | 1,585 | 1,585 | 8,585 | ||||
| Donations | 2,440 | 2,440 | |||||
| Grant Received | 3,980 | ||||||
| Other Income | 1,320 | 1,320 | |||||
| Interest | 43 | 43 | |||||
| TOTAL INCOMING RESOURCES | ~2 | 126529 |
| Unrestricted | Restricted | Restricted | Kndosrment | Kndosrment | Total Funds | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2023 | 2022 | ||||||||
| 3. RESOURCES EXPENDED | f, | f. | ||||||||||
| 3a. | Missionary and charitable |
givin, | 0 | 0 | 0 | |||||||
| 0 | 0 | 0 | ||||||||||
| 3b. | Activity directly relating | to | ||||||||||
| the work ofthe Church: | ||||||||||||
| Church - running | expenses | 9,236 | 9,236 | 4,741 | ||||||||
| Church maintenance | 2,742 | 2,742 | 3,036 | |||||||||
| Sunday school leaders | training | |||||||||||
| Parish margazines | Bc | Bookstall | ||||||||||
| Upkeep of Church | yard | |||||||||||
| Grant Giving | 3,980 | 3,980 | ||||||||||
| Evangelism | 1,271 | 1,271 | 100 | |||||||||
| Welfare | 1,195 | 1,195 | 3,698 | |||||||||
| Sundry Expenses | 0 | 0 | 0 | |||||||||
| ~18424 | 18424 | ~11 | 575 | |||||||||
| 3c. | Church Management | 8f.Admin | ||||||||||
| Administration | 48,675 | 48,675 | 34,350 | |||||||||
| Bank Charges | ||||||||||||
| Loan interest | 7,855 | 7,855 | 4,670 | |||||||||
| Arrangement fees |
||||||||||||
| ~56530 | 56530 | ~39 | 020 | |||||||||
| TOTAL | RESOURCES EXPENDED | ~49 | 74944 | 50 | 590 | |||||||
| 4 | FIXEDASSETS | E~ui ment | ||||||||||
| Building | ~Ba tismal | B~uitdin | Motor | Fixtures | ||||||||
| Refurbisbm | Pool | Van | &~bFtttin | Total | ||||||||
| COST | 6 | |||||||||||
| At 1 April 2022 | 50,906 | 5,978 | 697,490 | 11,006 | 62,344 | 827,724 | ||||||
| Addition | 19378 | 5,094 | 5,094 | |||||||||
| 2,675 | 2,675 | |||||||||||
| Disposal | 0 | |||||||||||
| D~ti | 70284 | 5 998 | ~69 490 | ~70 1 | ~835 | 49 | ||||||
| At 1 April 2022 | 14,647 | 5,977 | 11,006 | 47,079 | 78,709 | |||||||
| Charge for the year | 7,028 | 7,011 | 14,040 | |||||||||
| Disposal | 21 675 | 0 | lll06 | ~54 0 |
92 | 0 749 |
||||||
| At 31March 2023 | 697749 | 6 | L6m | 76222 | ||||||||
| At 31March 2022 | 1 | ~697490 | 0 | 15265 | 749 | 015 | ||||||
| Page 8 |
| Others | 9,861 |
|---|---|
| Pastor Samuels | 21,200 |
| Accountancy | 2,060 |
| Stationery | 339 |
| Telephone | 1,175 |
| Depreciation | 14040 |
| 48675 | |
| E~li | 1,271 |