2022-07-31-accounts

FOR THE PER	IOD ENDED	31STJUL	Y 2022
					2022	2021
		Note	General	Restricted	Total	E
			E		E
INCOMING RESOURCE
Voluntary Income		1	261,887		261,887	96,611
Gift Aid Returns			54,498		54,498	24,405
Harvest		2	5,400	0	5,400	0
Investment Income			1
Total			321,786	0	321,785	121,016
Resources Expended
Charitable Expenditure
Special Collections
Building Project			0	0	0	0
Benevolent Fund			0	0	0	0
Management and	Administration		297,991	0	297,991	115,229
Total			297,991	0	297,991	115,229
Net Incoming	Resources		23,795	0	23,794	5,787
Loss on Valuation	ofAssets
Net Movement in	Funds		23,795	0	23,794	5,787
Balance Brought	Forward		20,545	0	20,545	14,758
Transfers
6alance Carried Forward			44,340	0	44,339	20,545

BALANCE S	HEET AS AT 31	STJul 2022
			2022	2022	2021
		Note	f.
Non-Current	Assets
Tangible Fixed Assets				39,942	14,356
Investments				0	0
Current Assets
Bank and Cash Balance		5	4,551		8,075
Deposits			12,255		0
Total Current	Assets:		16,806		8,075
Current Liabilities
Accruals			600		400
Net Curent Assets				16,206
Long term Liabiilities:
Bank Loan				8,880	9,813
Car Loan				11,255
Net Assets				36,013	12,218
Funds
General Funds bf				12,218	6,431
Net Incoming	Resources			23,795	5,787
				36,013	12,218

2 Incoming Resources	2 Incoming Resources
				2022	2021
		General	Restricted	TOTAL	TOTAL
2aVoluntary Income
General Fund
Tithe &Offering		261,887		261,887	95,631
Gift Aid Returns		54,498		54,498	24,405
Social ( NM)				0
Special Offering				0
Children				0
Donations				0
Harvest		5,400		5,400	980
Women Ministries				0
Sundry Receipt				0
		321,785		321,785	121,015.82
Building Project
Sundry Donations
Total		321,785		321,785	121,016
2cActivities in support ofObjects
Fundraising
Walk Up Offering
2d Investment Income
Church Hall Lettings
Interest, dividend	and gains
		321,786	0	321,786	121,016

								2022	2021
					Benevolent	Management
			Note		Fund	a Admin		Total	Total
					E	E		E
Charitable	Donation:
Rent					16,125			16,125	14,848
Staff costs				6	31,885			31,885	22,515
Donations					7,116			7,116	682
Professional	Fees				5,050			5,050	2,790
Transport/Travel					23,479			23,479	2,382
Council Tax					118			118	118
Depreciation					12,414			12,414	10,498
Noblemen					30,595			30,595	6,490
Evangelism/	Retreat/Ministry				41,600			41,600	11,480
Supporting	Ghana	Ministry			40,390			40,390	0
IT/ Website					4,049			4,049	0
Social Events					3,006			3,006	4,783
Training					6,300			6,300	1,050
Welfare					12,130			12,130	2,502
Children's Ministry					24,547			24,547	9,633
Pension					1,310			1,310	1,055
Rainbow Radio Program					0			0	3,589
Printing, Postage & Stationery					5,794			5,794	281
Insurance					1,532			1,532	399
Publicity					0			0	90
Bank charges					51			51	82
Women's Ministry					17,870			17,870	6,223
Office Expenses					12,630			12,630	13,739
					297,991		0	297,991	115,229

4.TANGIBLE FIXEDASSETS
		Musical	Machinery	&
	VAN	instruments	Equipment		Total
COST/VALUATION		6	E
At 1st August, 2021	0	40,382.00	3,848.00		44,230.00
Additions	25000	11,500.00	1,500.00		38,000.00
At 31stJuly, 2022	25,000.00	51,882.00	5,348.00		82,230.00
Depreciation:
Balance @1stAug 2021	0	26,026	3,848		29,874
Charge for the Year	5000	7,039	375		12,414
Balance @1stJuly 2022	5,000.00	33,064.69	4,223.00		42,287.69
Net BookValue:
As at 31/07/2022	20000	18,817	1,125		39,942
As at 31/07/2021	0	14,356		0	14,356
5.Bank/Cash Balance
Tide
Santander current a/c		2,231
Santander savings a/c		2,320
		4,551
6.Staffcosts
Net pay		26898
Tax		2495
National Insurance (ee8er)		2493
Pensions		1310
		33196