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2022-12-31-accounts

Trustees Rev Emmanuel
Obeng
Rev Emmanuel
Obeng
Mr. Freeman Baffour Ata
Mr. Lewis Mensah
Registered Office 3Wilmington Terrace
Grafton Street
Northampton
NN1 2BU
Examiners Trackrecords Management Services Limited
The Farthing Enterprise Centre
Unit 10
39Farthing Grove
Netherfield
Milton Keynes
MKS 4JH

GOSPEL TEMPLE, MIDLANDS GOSPEL TEMPLE, MIDLANDS GOSPEL TEMPLE, MIDLANDS
FOR PERIOD 1stJanuary 202to 31st DECEMBER 2022
Income &Expenditure 2022 2021
Unrestricted
Funds
Unrestricted
Funds
INCOME E 6
Total Offering 129,595.57 89,288.69
Tithes 92,840.43 77,855.83
Total Income 222,436.00 167,144.62
EXPENDITURE
Pastors Wages 12,000.00 12,000.00
Miscellaneous
Expenses
20,882.47 25,615.45
Church
Rent & Insurance
35,212.42 27,920.72
Missions
&Travel Expenses
27,033.83 3,037.94
Christmas
Bonus
814.62 2,600.00
Welfare Support 2,461.75 1,369.16
Motor &Church Bus Expenses
2,244.37
6,443.27
Donation
&GiRs
6,288.50 11,126.00
Depreciation
& Equipment
Expenses
6,690.19
15,862.68
Fuel Expenses 6,995.31 4,635.35
Refreshments 2,757.77 4,559.53
Sundry Expenses,
Legal 8
Risk
Assessment 17,361.18 3,137.17
Stationery,
Postage & Subscriptions
6,519.64
5,794.62
Accountancy
Fees
1,970.00 1,860.00
Departmental
Expenses
1,440.00 2,710.00
150,672.05 128,671.89
NET PROFIT 7f,763.95 38,472.64

The operating p rofit i s s tated after charging:
2022
E
Depreciation of tangible fixed assets 2,066
Pastors remuneration included 0
Pastors pension contributions 0
2,666

Cost 9,673
31st December 2022 Additions
At 31stDecember 2022 9,673
Depreciation
Charge for the year 2,066
At 31stDecember 2022 2,066
BetBookV
1
e31eto oe
be 2022 7,507

Debtors 0
0
Current Account
Barclays Premium Account 241,321.31
Barciays Community Account 4 852.87
248,174.18

Bank Loan )1year
Church
Members
Loan ) 1 year
29,167
71,430
100,887

Unrestricted Funds
INCOME
Carols Night 602.86
Altar of God Offering 1,170.00
Youth Offering 620.00
Children's
Offering
601.29
Choir Offering 500.00
Friday Offering 53.77
Harvest
Offering
2,608.71
Fundraing
Offening
3,916.00
Pastor's Car &Van Pledge 660.00
Other, Easter, & Resurrection Offering 24,423.53
Seed, Special &Saturday Offering 2,420.71
Sunday School Books 305.00
Sunday
Offering
31,781.96
Thanksgiving
Offering
6,573.40
Women's
& Men's Fellowship
3,653.00
Tithes 92,840.43
Welfare Dues 2,460.00
GiR Aid 15,119.34
Church
Building
Fund
32,126.00
Total Income 222,436.00
EXPENDITURE
Accountant's
Fees
1,970.00
Women's
Fellowship
Expenses 796.00
Church Bus Maintenance & Insurance 1,658.37
Church
Insurance
541.21
Men's Fellowship
Expenses
814.62
Bible School Fees 1,440.00
Donations
& Gifts
6,288.50
Fuel 6,995.31
Legal Fees & Risk Assessment 387.75
Missions
&Travel
26,237.83
Motor Expenses 586.00
Pastors Wages 12,000.00
Mission Rent, Car Maintenance, Insurance, PAYE 18,532.47
Pastors Appreciation 2,350.00
Refreshment 2,757.77
Rent 34,671.21
Stationery,
Printing
& Premises Expenses 5,696.04
Training 741.00
Sunday School Books 82.60

Peso. DataeDht ~Cost BV addltl ~oh 2022 NBV-2022
Drums x2 B/fwd 221.48 0.00 55.37 168.11
Bass Guitar B/fwd 11075 0.00 27.69 83.06
ICepooard B/fwd 110(5 u.00 27.69 S3.06
Bass amp B/fwd 15504 0.00 38.76 116.28
Laptop B/fwd 11075 0.00 27.69 83.06
Microphone x1 B/fwd 117.08 0.00 29.27 87.81
Microphone x3 B/fwd 71.19 0.00 17.80 53.39
Microphone x3 B/fwd 47 47 0.00 11.87 3560
Mini bus B/fwd 791.02 0.00 197.76 593.27
Speakers x5 B/fwd 791.02 0.00 197.76 593.27
Pulpit x2 B/iwd 189.85 0.00 47.46 142.39
Curtains B/fwd 47.47 0.00 11.87 35.60
Various Assets B/fwd 5,499.29 0.00 1,374.82 4,12447
Instrument B/fwd 1,410.00 0.00 0.00 1,410.00
Total 9673.16 0.00 2065.79 7,607.37