| UNRESTRICTED | UNRESTRICTED | ||
|---|---|---|---|
| FUNDS | FUNDS | ||
| 2023 | 2022 | ||
| NOTE | |||
| INCOMING RESOURCES | |||
| Tithes, offerings and similar income resources | 409,425 | 404,357 | |
| Investment income |
|||
| TOTAL INCOMING RESOUCES | 409,425 | 404,357 | |
| RESOURCES EXPENDED | |||
| Charitable activities |
224,157 | 190,213 | |
| Governance costs |
113,803 | 132,400 | |
| TOTAL RESOURCES EXPENDED | 337,960 | 322,6'I3 | |
| MOVEMENT IN TOTAL FUNDS FOR THE YEAR- |
|||
| NET INCOME(EXPENDITURE) | FOR THE YEAR | 71,465 | 81,?44 |
| TOTAL FUNDS AS AT 30April | 2023 | 303,801 | 222,057 |
| TOTAL FUNDS AS AT 1 May 2023 | 375,266 | 303,801 |
| Notes | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|
| FIXEDASSETS | ||||||
| TANGIBLE FIXED | ASSETS | 82,110 | 100,082 | |||
| 100,082 | ||||||
| CURRENT ASSETS | ||||||
| Deposits and Cash | at | Bank | 318,258 | 238,064 | ||
| 318,258 | 238,064 | |||||
| LIABILITIES | ||||||
| Creditors: Ammounts | falling due within one year | (1,500} | (2,000) | |||
| Net current assets | 316,758 | 236,064 | ||||
| TOTAL ASSETS | LESSCURRENT LIABILITIES | 398,868 | 336,146 | |||
| Creditors: amounts | falling due after more than | |||||
| one yer | {23,602) | (32,345} | ||||
| CHARITY FUNDS | ||||||
| Unrestricted funds |
375,266 | 303,801 | ||||
| TOTAL FUNDS/{DEFICITS) | 303,80'I |
| For the year ended 30April 202 | 3 | ||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Income Tithe 8 offerings |
340,790 | 359,291 | |||
| Gift Aid | 15,462 | 3,991 | |||
| Grant | 3,844 | ||||
| Partnership | 16,957 | ||||
| Building funds | 36,216 | 37,231 | |||
| Total income | 409,425 | ||||
| Direct Charitable | Expenditure | ||||
| Children ministry |
1,490 | 5,290 | |||
| Communion 8 Oil |
6,020 | 3,238 | |||
| Hiring of Hall | 65,000 | 60,700 | |||
| Honorarium | 26,050 | 9,895 | |||
| Light 8 Healting | 1,800 | ||||
| Missions | 11,544 | 16,450 | |||
| Music ministry | 110,257 | 73,200 | |||
| Outreach | 350 | 8,779 | |||
| Welfare | 3,446 | 10,861 | |||
| 190,213 | |||||
| Other Expenditure |
|||||
| Expenses | |||||
| Accountants fees |
1,500 | 1,600 | |||
| Bank charges | 2,850 | 3,354 | |||
| Bookkeepings | 2,000 | ||||
| Cleaning | 817 | 1,345 | |||
| Donations | 6,100 | 5,510 | |||
| Depreciation | 28,586 | 28,586 | |||
| Insurance | 142 | 1,299 | |||
| Legal and professional | 4,910 | ||||
| Media | 3,530 | 22,253 | |||
| Motor expenses | 10,917 | 2,188 | |||
| Rent church house | 26,400 | 26,400 | |||
| Stationery and printing |
5,055 | 3,008 | |||
| Storage | 2,010 | 1,200 | |||
| Telephone and fax |
939 | 4,123 | |||
| Travel and subsistence | 10,382 | 8,724 | |||
| Wages and salaries | 14,575 | 15,900 | |||
| 113,803 | 132,400 | ||||
| Total expenditure | 337,960 | 322,613 | |||
| Surplus/(deficit} fund |
71,465 | ||||
| Fund balance carried forward | 71,465 | 81,744 |
| TANGIBLE FIXEOASSE | TS | |||
|---|---|---|---|---|
| Furnitue, | fitting | Total | ||
| and equipment | ||||
| 2 | COST | |||
| At 1 May 2022 | 136,663 | 136,663 | ||
| Additions | 35,193 | 35,193 | ||
| As 30April 2023 | 171,856 | 171,856 | ||
| DEPRECIATION | ||||
| At 1 May 2022 | 43,188 | 43,188 | ||
| Charge for the year | 28,586 | 28,586 | ||
| As 30April 2023 | 71,?74 | 71,774 | ||
| NET BOOK VALUE | ||||
| As 30April 2023 | 100,082 | 100,082 | ||
| As 30April 2022 | 93,475 | 93,475 |
| BROUGHT | INCOMING | RESOURCES | CARRIED | ||
|---|---|---|---|---|---|
| FORWARD | RESOURCES | EXPENDITUREI | FORWARD | ||
| Unrestricted | funds | 200,959 | 200,959 | ||
| Restricted | funds | 102,842 | 36,216 | 139,058 | |
| General funds | 373,209 | (337,960) | 35,249 | ||
| 303,801 | 409,425 | (337,960) | 3?5,266 |