| For the year ended 31 December 2022 | For the year ended 31 December 2022 | For the year ended 31 December 2022 | |||
|---|---|---|---|---|---|
| Status | . | The organization | is a registered | Charity. | |
| Charity | Number | 1j.65{j02 | |||
| Registered Office | 11Waltzer Street, | ||||
| Abbey Hey | |||||
| Man.chester | |||||
| M18 SQP | |||||
| Management | Board | Pastor S.O. Oluwasola | Trustee | ||
| Pastor A.F.Olorunniyi Elder 0 SJPayemi |
Trustee Trustee |
||||
| Mr. A.H. Oluwasola | Trustee | ||||
| Bankers | Barclays Bank Pk | ||||
| I2 Crofts Bank Road | |||||
| Urmston | |||||
| Manchester | |||||
| M4l. OTS |
| Christ Apostolic Church New Testament Assembly |
North Eaglaad | |
|---|---|---|
| Balance sheet as at 31December 2022 | ||
| 2022 | 2021 | |
| Current Assets | ||
| Cash at Bank and in Hand | 1,045.30 | 752.80 |
| Cash at hand Project (Secured) | ||
| Creditors | ||
| Unsecured f Dan |
11,250.00 | 12,630.00 |
| Total Income | 101,430.40 | 61,296.70 |
| Total Expenditure | 103,080.65 | 64,297.00 |
| Total Balance | 102IN,75 | -11877.20 |
| For the year ended 31Dece | mber 2022 | ||||
|---|---|---|---|---|---|
| 1.Incoming Resources | 2022 | 2021 | |||
| Restricted | Unrestricted | Total | Total | ||
| Donations and Grants |
|||||
| D0Covenant (Tithe) Manchester D0 Covenant (Tithe) Leeds |
8,965.00 3,695.90 |
8,965.00 3,695.90 |
9,873.00 4,635.40 |
||
| Offering and Thanksgiving | Manchester | 4,380.0G | 4,380.00 | 5,104.00 | |
| Offering and Thanksgiving | Leeds | 2,630.30 | 2,630.30 | 3,432.90 | |
| Building Fond | 3,838.60 | 3,838.60 | 4,356.60 | ||
| Gift from other Charities | 195.00 | 195.00 | 400.00 | ||
| Personal Gifts/ Donations |
1,100.00 | l,100.00 | 1,940.00 | ||
| Church Anniversaries | 2,835.10 | 2,835.10 | 3,674.20 | ||
| Mission Support | 52,490.00 | 52,490.00 | 4,900.00 | ||
| Mercy Once More | 7,690.40 | 7,690.40 | 6,940.20 | ||
| Gift Aid Repayment | |||||
| RevivalfVowe, | 2,360.10 | 2,360.10 | 3,410.40 | ||
| Loan (Unsecured) | ll,250.00 | 11,250.00 | l2,630.00 | ||
| Total Incoming Resources |
60 180.40 | 41250.00 | 10$430.40 | 61296.70 |
| 2.Expenditure | |||||
|---|---|---|---|---|---|
| Basis of | Ma.achester | Leeds | 2022 | 202i | |
| Allocation | Branch | Branch | Total | Total | |
| Costs directly allocate | |||||
| to activities: | |||||
| Visiting Clergy | Direct | 2,367.IOO | 643.00 | 3,010.00 | 2,770.00 |
| Charitable Donation |
Direct | 290,00 | 140.00 | 430.00 | 850.00 |
| Rent | Direct | 7.650.00 | 3,580,00 | 1 E,230.00 | 9,420.00 |
| Equipment's Purchase |
Direct | 859.50 | 480.50 | 1,340.00 | 8,830.50 |
| Furniture's Purchase |
Direct | ||||
| Stationeries | Direct | 630.00 | 180.00 | 8E0,00 | 620.00 |
| Parsonage | Direct | 5,890.00 | 2,410,00 | 8,300.00 | 10,570.00 |
| Anniversaries | Direct | 1,550.00 | 930.00 | 2,480.00 | 1,790.00 |
| Zonal Contribution | Direct | 1,210.30 | 890.00 | 2,100.30 | 2,590.00 |
| Missionary Activity |
Direct | 15,921.15 | 6,470.00 | 22,391.15 | 3,100.00 |
| Loan Repayment | Direct | 12,630.00 | 12,630.00 | 11,150,00 | |
| Mercy Once More | Direct | 4.580.00 | 4,580.00 | 4,300.00 | |
| Support costs directly | |||||
| allocate to activities: | |||||
| Wages | Allowances | 29,500.00 | 29,500.00 | ||
| Employer's N.l. |
Allowances | 980.00 | 980.00 | ||
| Transportation s |
Allowances | 700.00 | 480.50 | 1,&80.50 | 4,860,5IO |
| Printing 4,Postage | Services | 380.00 | 170.00 | 550,00 | 730.00 |
| Electricity | Services | &%W | |||
| Mobile Phones | Services | 690.00 | l45.40 | 835.40 | 1,640.00 |
| Bank Charges | Transactions | 83.30 | 83.30 | 115.90 | |
| General Expenses | Services | 650,00 | 650.00 | 959,50 | |
| 86561.25 | 16519.40 | 103I980.65 | 64297.00 |
| 2022 | 2021 | ||
|---|---|---|---|
| Salaries and Wages | 29,500.00 | 0.00 | |
| NatIonal Insurance Employers N.I'. |
0.00 980.00 |
0.00 0.00 |
|
| Total emo)Uments | paid to staff were: | 30480.0G | 0.00 |
| 2022 | 2021 | |
|---|---|---|
| Full Time | 2.0 | 0,00 |
| Part Time | 2.0 | 1.00 |
| Volunteers | 7.0 | 5.00 |
| 6. Tangible Fixed Assets | ||||
|---|---|---|---|---|
| Furniture | 2022 | |||
| Building | Equipments | k Fittings | Van | Total |
| COST- | ||||
| At 1 January 2022 | 5,070.00 | 2.910.00 | 7,980.00 | |
| Additions in Year |
||||
| Disposals in Year |
80.00 | 110.00 | 190.00 | |
| At 31December 2022 | 4990.00 | 2.800.00 | 0.00 | 7790.00 |
| DEPRECIATION | ||||
| At 1 January 2022 | ||||
| Within the year | ||||
| Destroys within the year | ||||
| Disposa, ls in the year | 95.00 | 60.00 | 185.00 | |
| At 31 December 2022 | 95.00 | 60.00 | l85.00 | |
| NET BOOK VALUE | ||||
| At 31December 2021 | 5,070.00 | 2.910.00 | 7,980.00 | |
| At 31December 2022 | 4985.00 | 2.740.00 | 7 605.00 |