INCOME AND EXPENDITURE ACCOUNTS
FOR THE PERIOD 6TH APRIL, 2021 TO 5TH APRIL, 2022
DIVINE INSPIRATION MINISTRIES
22 ANSFORD ROAD BROMLEY KENT BR1 5QU
DIVINE INSPIRATION MINISTRIES
Certificate of Trustees
The Income and Expenditure Accounts as attached herewith have been prepared from the books, receipts, bank statement as well as the Pay-In-Books, information and other relevant documents that are needed for the preparation of the account for the period and gives a true and fair view of the state of the Church’s financial status.
Approved by the Trustees in the person of Rev. K. Ofori Ampomah on 11th Day of Ma 2022
Rev. K. Ofori Ampomah Apostle Osei Y. Boateng (Chair/Trustee) (Accounting Officer)
DIVINE INSPIRATION MINISTRIES
Income/Expenditure Accounts for the period ending 5th April 2022
| Note | 2022 | 2021 | |
|---|---|---|---|
| Incomefor the Year | 1 | 44,327.67 | 36,419.97 |
| Add: Bank balance b/fwd | 4,156.56 | 4,287.24 | |
| Cash-on-Hand | 121.37 | 317.05 | |
| IR Charities | -7,883.29 | -7,879.00 | |
| 40,722.31 | 33,145.26 | ||
| Less Expenses | |||
| Rent | 2 | 3,600.00 | 3,600.00 |
| Purchases: 1. Equipment | 425.50 | 300.40 | |
| Purchases: 2. Instruments | 608.25 | - | |
| Furniture and Fittings | - | - | |
| Repairs Instruments | 570.65 | 230.50 | |
| Musicians | 3 | 4,260.00 | 4,850.00 |
| Printings, Stationery | 635.28 | 466.35 | |
| Cables/Speakers/Drumsticks | 508.00 | 465.00 | |
| Communion (Wine/Bread) | 324.45 | 196.50 | |
| Gifts and Donations | 4 | 4,810.00 | 3,660.40 |
| Entertainment | 1,627.99 | 880.00 | |
| Postages and Phones | 2,366.35 | 2,806.80 | |
| Transport/Car-Hire | 5 | 748.60 | 500.00 |
| Insurance | - | - | |
| Bank Charges | 12.61 | 3.30 |
| Honouriam Love Gift | 5,140.00 | 3,650.00 | |
|---|---|---|---|
| Legal/Professional Fees | 3,500.00 | 2,171.40 | |
| Relief (Welfare) | 6 | 4,125.60 | 3,020.50 |
| Sundries | 304.03 | 140.05 | |
| TOTAL EXPENDITURE | 33,567.31 | 1,926.13 | |
| CURRENT ASSETS: | |||
| Bank Balance c/fwd | |||
| Current Account @ 05.04.22 | 7,155.00 | 4,156.56 | |
| Cash-in-Hand | - | 121.37 | |
| Debtors | - | - | |
| 40,722.31 | 33,145.26 |
Approved by the Trustees In The Person Of Rev. Kojo Ofori Ampomah and signed on their behalf by:
Rev. Kojo Ofori Ampomah (Chair/Pastor-in-charge)
DIVINE INSPIRATION MINISTRIES
Notes to the Accountants for the Year Ending 5th April 2022
| NOTE 1 | Income for the Year This amount represents monies paid by members as tithes, Vows, offerings, and Pledges for the year. |
£40,722.31 |
|---|---|---|
| NOTE 2 | Rent Amount paid as rent at £70.00 (Seventy pounds) per week as sub-tenants. Electric/heating inclusive. |
£3,600.00 |
| NOTE 3 | Musicians Amount given to the musicians and the instrumentalists after church services and all other occasions. |
£4,260.00 |
| NOTE 4 | Gifts and Donations Amount given to respective members and non-members of the church at their time of need accordingly. Bereavements, Children-Christening, Marriages etc. |
£4,810.00 |
| NOTE 5 | Transport (Fares) The Church gives this money to the deserving members as fares for their transport in and out of Church Services, |
£748.60 |
| NOTE 6 | Relief (Welfare) funds Funds set out to relief members such as fees for their Ward, Funeral expenses, Bill, Rent Advances and out of Job Assistance. |
£4,125.60 |
DIVINE INSPIRATION MINISTRIES
| Activities | Advancement of Christian faith, education, relief of poverty |
|---|---|
| Where | Throughout England and Wales |
| Classification | Advancement of Christian faith, education, relief of poverty, recreational activities |
| Who (does charity help) | General public |
| How (does your charity operate) |
Preaches the Gospel of Christ, education, help to ministries through donations and other logistics and relief of the needy |
| Financial Year | Income and Expenditure: Income: £40,722.31 Expenditure: £33,567.31 |
| Financial Period | 1st Year Start Date: 06/04/2021 1st Year Ended: 05/04/2022 Next Financial Year: 06/04/2022 - 05/04/2023 |
| Charity’s Main Bank | HSBC Sort Code: 40-02-05 Account Number: 51598899 Account Name: Divine Inspiration Ministries |
| Contact | Rev. Kojo Ofori Ampomah 22 Ansford road Bromley, Kent BR1 5QU Title: Pastor Family Name: Ampomah D.O.B.: 26/11/1956 Tel: 07904 734 472 Email: kojoampoah@yahoo.co.uk |
| Trustees | 1. Rev. Kojo Ofori Ampomah 2. Mrs. Agnes Appiah 3. Mrs. Jemima Ofori Ampomah 4. Mr. Michael Ayirebi Yeboah |
| Church Email | divineinspiration.ministries@yahoo.com |