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2021-06-30-accounts

Restd Un restd Total Total
Note Funds Funds Funds Funds
2021 2020
E E E E
Income
Tithes & Offerings 0 12,088 12,088 7,577
Gift Aid 0 0 0 2030
Interest Received 0 79 79 189
Reserved Fund 0 0
TOTAL INCOME 0 12,167 12,167 9,796
Expenditure
Rent 1545 5035
Donation 240 800
Computer& Stationery 257 250
Telephone & Internet 563 493
Ghana 0 0
Musical Accessories 300 850
Evangelism & Outreach 500 750
Depreciation 193 777
3,598 8,955
Net Incoming (Outgoing) 8,569 841
B/fwd Reserves from 2018/2019 19,007 18,166
Net Movements of Funds as at 30/06/2020 27,576 19,007
MACEDONIA HOUSE OF FAITH MINISTRIES
Balance Sheet as at 30th June 2020
Note Total Prior
Funds Year
E E
Fixed assets:
Equipment 1,285 1,285
Less
Depreciation −193 −777
1,092 508
Current assets:
Saving Account 20,403 17,175
Current Account 6,081 1,324
26,484 18,499
27,576 19,007
Net Assets represented by:
Excess lnconme/Deficit over Expenditure 8,569 841
Brought Forward Reserves from Yr 2018/19 19,007 18,166
27,576 19,007

8. Tangible fixed assets
Equipment Additions TOTAL
f f
Cost
At 1st July 2019 1,285 1,285
Additions 0 0
Disposals 0 0
At 30th June 2020 1,285 1,285
Depreciation
At 1st July 2019 0
Charge for the year 193 193
Write Off 584 584
At 30th June 2020 777 777
Net book value
At 30th June 2020 508 508
At 30th June 2019 1,285 1,285