Rela%on Church London
Income and Expenditure Accounts
(01/06/2021 - 31/03/2022)
Income Notes 2021-22 £ Tithes, Offerings and Dona2ons 1 24,394.93 Total Income 24,394.93 Expenditure TV Produc2on & Air2me Purchase 2 7,800.00 Hall Hire 3 12,000.00 Assemblies of Ministerial Training etc. 4 2,240.00 Office Stationery etc. 5 562.93 Other Charitable Activities 6 2,809.00 Total Expenditure 25,412.00 Excess Income/Deficit -1017.07
Relation Church London Annual Accounts for the year ended 31[st] March 2022 Financial Secretary's Report
I have prepared the Income and Expenditure accounts and the accompanying notes in full compliance with the provisions outlined in the Charities Act 1993, Section 42(3). These accounts have been crafted using the Receipt and Payment basis, typically employed by small charities. It is essential to note that the ultimate responsibility for these financial statement rests with the esteemed Trustees of Relation Church London.
My role as Financial Secretary encompasses preparing these accounts by analysing the church's accounting books and other financial records for the period that falls within the scope of this review.
Michael Boadu Mensah
Financial Secretary,
Relation Church London
By the stipulations outlined in the Charities Act 1993, Section 42(3), the following explanatory notes are provided to elucidate the figures presented in these accounts:
Notes 1 - Income:
This category comprises donations such as tithes, offerings, and thanksgiving offerings received during the reporting period.
Taxation:
It is pertinent to mention that no taxation applies to these accounts, given that Relation Church London operates as a non-profit organisation.
Assets:
Notably, there are no tangible fixed assets held by the church.
Stationery:
Expenses incurred for office stationery during the year have been duly accounted for and expensed within the Income and Expenditure accounts for the period under review.
Notes 2 - TV Broadcast:
This category encompasses the production of television programmes and the acquisition of airtime. These activities align with our charitable mission to promote disseminating our gospel message and vision.
Notes 3 - Hall Hire:
The church is responsible for monthly rental costs totalling £1,000.00 for the use of its premises.
Notes 4 - Assemblies of God Ministerial Training
Every quarter, we pay the Assemblies of God (AoG) as part of our commitment to the Ministerial Training Programme. Additionally, we arrange for overnight hotel accommodations and purchase train tickets to ensure the attendance of our Senior Pastor at this mandatory training programme.
Notes 6 - Charitable Activities:
Our expenditures in this category are dedicated to advancing our charitable mission and objectives. These funds are invested to promote and support the achievement of our overarching aim.
This report aims to comprehensively understand our financial activities during the reporting period, ensuring transparency and adherence to regulatory requirements.
Michael Boadu Mensah
Financial Secretary,
Relation Church London