INCOME AND EXPENDITURE ACCOUNTS
FOR THE PERIOD 1st OCTOBER, 2019 TO 30th SEPTEMBER, 2020
HOLY GHOST INTERNATIONAL CHURCH 25 LEWIS ROAD MITCHAM SURREY CR4 3DF
HOLY GHOST INTERNATIONAL CHURCH
Trustees Annual Report
The Income and Expenditure Accounts as attached herewith has been prepared showing records taken from the Receipts, Bank Statements, Pay-In-Books as well as information and other relevant documents needed for the purpose of the accounts in the year: 1st October 2019 to 30th September 2020.
The Church has no fiscal assets to be declared.
We certify therefore the true and fair status of the Church’s financial Stand.
Approved by the Trustees in the person of Pastor Felix Ankah on this 6th day of December 2020 and signed on their behalf by:
Pastor Felix Ankah Apostle Osei Y. Boateng (Trustee/General Overseer) (Accounting Officer)
HOLY GHOST INTERNATIONAL CHURCH
Income/Expenditure Accounts for the period ending 30th September 2020
| Note | 2020 | 2019 | |
| Incomefor the year | 1 | 68,061.84 | 68,460.86 |
| Add:Bank balance b/fwd | |||
| HSBC: 61469703: 40753 | |||
| HSBC: 31401262:30948 | 1,018.92 | 71,701 | |
| I.R. Charities | 2 | (13,884.28) | (14,159.59) |
| Vehicle | 500.00 | 1,275.00 | |
| Cash-On-Hand | 942.52 | 180.50 | |
| 56,639.00 | 56,473.78 | ||
| Less Expenses | |||
| Rent and heating | 3 | 5,800.00 | 6,500.00 |
| Repairs - Instruments | 825.33 | 960.50 | |
| Speakers/Mic./Stands | 1,748.50 | 1,530.00 | |
| Printing and Stationery | 615.64 | 865.75 | |
| Gifts and Donations | 4 | 4,060.00 | 3,660.00 |
| Entertainment | 2,634.47 | 2,408.83 | |
| Postage and Phones | 1,808.85 | 960.06 | |
| Tyres | 816.50 | 720.00 | |
| Road Tax/M.O.T. | 50.00 | - | |
| Car Purchase | - | 4,000.00 | |
| Insurance | - | 1,500.00 | |
| Travelling and Transport | 5 | 3,440.00 | 2,660.00 |
| Fuel/Lubricants | 1,734.63 | 2,746.07 | |
| Miscellaneous | 2,849.75 | 1,875.36 | |
| Musicians | 3,080.00 | 3,060.00 |
| Professional Fees | 3,500.00 | 2,700.00 | |
| Relief (Welfare) | 6 | 6,360.00 | 4,000.00 |
| Honouriam Love Gift | 7 | 5,500.00 | 5,000.00 |
| Sundries | 4,865.68 | 1,865.76 | |
| TOTAL EXPENDITURE | 46,689.40 | 50,012.33 | |
| Current Assets: | |||
| Bank Balance c/fwd @ 30.09.19 | |||
| HSBC: 61469703: 1014.15 | - | - | |
| HSBC: 31401262: 1077.75 | 2,091.90 | 1,018.92 | |
| Cost Car - HW65 KHE | 500.00 | 1,000.00 | |
| Debtors | 8 | 5,600.00 | 4,000.00 |
| Cash-In-Hand | 1,757.70 | 442.53 | |
| 56,639.00 | 56,473.78 |
Approved by the Trustees in the Person of Pastor Felix Ankah and signed on their behalf by:
,
Pastor Felix Ankah
(Trustee/Pastor-In-Charge)
HOLY GHOST INTERNATIONAL CHURCH
Notes to the Accountants for the Year Ending 30th September 2020
| NOTE 1 | Income for the Year | £56,639.00 |
| NOTE 2 | I.R. Charities | £13,884.28 |
| NOTE 3 | Rent and Heating This is monthly rent paid to Merton Libraries |
£5,800.00 |
| NOTE 4 | Gifts and Donations | £4060.00 |
| NOTE 5 | Travelling and Transport | £3,440.00 |
| NOTE 6 | Relief (Welfare) Members’ contributions towards their needs such as fees, funerals costs, rent advances, etc. |
£6,360.00 |
| NOTE 7 | Honorarium Love Gift Pastors are given the money as love gift for their services in the Church |
£5,500.00 |
| NOTE 8 | Debtors | £5,600.00 |
HOLY GHOST INTERNATIONAL CHURCH
| Activities | Advancement of Christian faith, Education, Relief of Poverty and Recreational Activities |
| Where | Throughout England and Wales |
| Classification | Advancement of Christian faith, Education, Relief of Poverty and Recreational Activities |
| Who (does charity help) | General public (Faith Group) |
| How (does your charity operate) |
Preaches the Gospel of Christ, Education, Donations to Ministries/Persons in need |
| Financial Year | Income and Expenditure: Income: £56,639.00 Expenditure: £46,689.40 |
| Financial Period | 1st Year Start Date: 01/10/2019 1st Year Ended: 30/09/2020 Next Financial Year: 01/10/2020 - 30/09/2021 |
| Charity’s Main Bank | HSBC Sort Code: 40-33-14 Account Number: 61469703/31401262 Account Name: Holy Ghost International Church |
| Contact | Rev. Felix Ankah 25 Lewis Road Mitcham, Surrey, CR4 3DF Title: Reverend Preferred Name: Pastor Felix Family Name: Ankah D.O.B: 29/12/1950 Tel: 074930 374 743 Email: ankahf@hotmail.com |
| Trustees | Rev. Felix Ankah Miss Comfort Minta Ampofo Elder Mathew Kwame Asare |
| 1. Public Use: ankahf@hotmail.com 2. Commission Use: ankahf@hotmail.com |