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|||CONTENTS||
|---|---|---|---|
||||Pages|
|Trustees'<br>Report||||
|Accountant's|Report|||
|Statement<br>of|Financial|Activities||
|Balance Sheet||||
|Notes to the|Financial|Statements|5-9|





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|||Unrestricted||||
|---|---|---|---|---|---|
|||Total this|Restricted|Total|Total last|
|||Year|Funds|Funds|Year|
|||2020|2020|2020|2019|
||Notes|||||
|Incoming<br>Resources||||||
|Voluntary<br>Income||84,229||84,229|39,114|
|Adjustment||||||
|Total Incoming Resources||84,229||84,229|39,114|
|Resources Expended||||||
|Charitable<br>Activities||42,674||42,674|36,031|
|Governance<br>Costs||9,542||9,542|4,347|
|Total Resources Expended||52,216||52,216|40,378|
|Net Incoming Resources||32,013||32,013|(1,265)|
|Transfer between<br>funds||||||
|Net Incoming Resources For this year||32,013||32,013|(1,265)|
|Total Funds Brought Forward||82,720||82,720|83,985|
|Total Funds Carried Forward||114,733|—|114,733|82,720|








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|||2020|2019|
|---|---|---|---|
|Voluntary|Income|||
|PHIM Trust||||
|Tithe||30,235|12,360|
|Offerings||13,545|925|
|Covit Grant||25,000||
|Word and|Spirit Prayer Ministry|||
|Tithe 8 Offerings||15,449|25,829|
|TOTAL||84,229|39,114|





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|||2020|2019|
|---|---|---|---|
|PHIM|Trust|36,234|13,170|
|Word|and Spirit Prayer Ministry|15,982|27,208|
|Total|Cost|52,216|40,376|





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|Tangible Fixe|d|Assets||||
|---|---|---|---|---|---|
|||||Fixtures and||
||||Instruments|Equipment|Total|
|At Cost|||2,796|4,360|7,156|
|Additions||||||
|Disposals||||||
|Balance carried||forward|2,796|4,360|7,156|
|Depreciation|Calculation|||||
|Balance brought||forward|2.795|4,359|7,154|
|Charge for the|year|||||
|Disposal||||||
|Balance carried||forward|2,795|4,359|7,154|
|Net Book Value||||||
|As at 31 DEC|2020|||||
|As at 31 DEC|2019|||||





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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|5|FUNDS|||Funds|Funds|Funds|Funds|
|||||2020|2020|2020|2019|
|||||F||||
||As at 01 January||2020|82,720||82,720|83,985|
||Surplus/Deficit|for|the Year|32,013||32,013|(1,265)|
||As at 31 December 2020|||114,733||114,733|82,720|





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|||2020||2019|
|---|---|---|---|---|
|Voluntary|Income||||
|Income|Tithe|30,235||12,360|
||Offerings|13,545||925|
||Covit Grant|25,000|||
||||68,780||
|Charitable|Activities||||
|Rent||7,158||3.960|
|Repairs<br>& Maintenance||8,797||126|
|Stationery||700||135|
|Volunteering|Allowance|1,400||300|
|Phone||200||125|
|PHCC BFUND||5,979||5,000|
|Advertising||152||152|
|Utilities||428||600|
|Conference|Cost|1,555||301|
|Television 8 Radio Expense||200||271|
|Refreshment/Welfare||1,295||250|
|Charitable|Giving|150||150|
|Admin Cost||1,916||1,550|
|Professional|Fees|6,303||250|
||||36,234||
||||32,546||





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||||2020||2019||
|---|---|---|---|---|---|---|
|Voluntary|Income||||||
|Tithe 8 Offerings|||15,449||25,829||
|||||15,449||25,829|
|Charitable||Activities|||||
|Rent|||7,800||13,200||
|Volunteering||Allowance|6,100||10,200||
|Phone|||580||961||
|Evangelism||8 Conference Cost|180||300||
|Admin Cost|||1,072||2,297||
|Professional||Fees|250||250||
|||||15,982||27,208|
|||||(533)||(1,379)|