## **Marantha Full Gospel Church Torquay** 

## **Financial review for the year ended 30 September 2020** 

Total receipts on unrestricted funfs were £2316.72 The net result for the year was an excess of receipts over expenses of £772.22 

Adding bank and deposit balances at 30 September 2020 there is an unrestricted balance of £1308.6 at 30 September 2020 

## **Financial statement for year ended 30 September 2020** Receipts and payment account 

|**RECEIPTS;**<br>donations<br>tithes<br>**EXPENSES**<br>rent<br>visiting pastor/evangelist<br>refreshments<br>equipment<br>registrations<br>stationery<br>gifts<br>fees/charges<br>travel<br>renewals/replacements<br>conference costs<br>**EXCESS;**|Unrestricted<br>funds<br>1996.72<br>320|disignated<br>restricted endowment<br>funds<br>funds<br>funds|TOTAL<br>1996.72<br>320|
|---|---|---|---|
||2316.72||2316.72|
|||||
||690<br>604.5<br>250||690<br>604.5<br>250|
||1544.5||1544.5|
|||||
|receipts over payments<br>payments over receipts<br>openingbank|772.22<br>536.38||772.22<br>536.38|
|balance|1308.6||1308.6|



## **Statement of assets less liabilities** 

|bank account at 30/9/2020<br>cash introduced<br>eqipment b/f<br>depreciation on equipment<br>b/f<br>profit/(loss) for year<br>eqipment introduced<br>depreciation on equipment|2142<br>2338<br>-351<br>4129<br>2142<br>772<br>1566<br>-351<br>4129<br>1|2019<br>536<br>1890<br>-284|
|---|---|---|
|||2142|
|||1890<br>196<br>340<br>-284|
|||2142|
||||





## **Maranthga Full Gospel Church Torquay** 

NOTES 

- 1 The financial statement has been prepared in accordance with the receipts and payments provided 

2 Fixed assets retained for church use are the projector, live mixer, sound system, laptop, cupboard, cables and extension leads 

## 3 **INDEPENDANT EXAMINERS REPORT OFMarantha Full Gospel Church Torquay** For the year ended 30 September 2020 

## Responsibility of Trustees 

The charities Trustees consider an audit is not required for this year. It is the Trustees responsibility to ensure these accounts show a true and fair account of transactions in this year and ensure sufficient records are kept to confirm the return of a "true and fair" result for this year 

## Responsibility of Independant examiner 

To; 

examine the records provided and follow procedures laid down in General Directions given by the Charities Commission and 

state whether any matters have come to notice that need further examination. 

## Examiners statement 

Procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts provide a "true and fair" view so the report is limited to the following; 

In the course of this examination no matter came to attention (a) which gives reason to believe that in any material respect the requirements to keep accounting records and prepare accounts that accord with the accounting requirements have not been met (b) which should be identified in order  to enable proper understanding of these accounts figures 

KMC Tax Consultancy 6 Blackboy Road Exeter ex4 6sg