## Relation Church London **Income and Expenditure Accounts**
01 March 2023 - 28 February 2024
|Income|Notes|2023-24|2023-24|
|---|---|---|---|
|Tithes, Offerings & Donations
**Total Income**
**Expenditure**
Broadcast, Equipment & Accessories
Venue Rental
Charitable Expenses
Services
Printed Matter
Honourarium
Catering
AoG MiT
Softwares
Radio Station Setup
**Total Expenditure**
**Excess Income / Deficit**|1
2
3
4
5
6
7
8
9
10
11
12|51,873.76
17,820.74
10,000
4039.3
1956.01
1,195
300
1905.5
2880
417.54
880
41,394.21|**51,873.76**
**41,394.21**
**10,479.55**|
## **Notes to the Accounts**
## **Notes 1 - Tithes, Offerings, and Donations**
Contributions from church members and supporters to fund church activities and charitable initiatives. These include regular offerings, tithes, and one-time donations.
## **Notes 2 - Total Income**
Represents the total funds received from all sources during the accounting period.
## **Notes 3 - Broadcast, Equipment, and Accessories**
Expenses incurred for acquiring and maintaining equipment used for broadcasting church services and events. This also includes costs related to technological tools and worship aids essential for the church's operations.
## **Notes 4 - Venue Rental**
Annual payment for renting the venue used for hosting regular church services, meetings, and other activities.
## **Notes 5 - Charitable Expenses**
Funds allocated to support charitable causes and outreach programmes, contributing to other organisations or individuals in need as part of the church's mission.
## **Notes 6 - Services**
Payments made for professional or technical services, such as repairs or specialised support to facilitate church operations.
## **Notes 7 - Printed Matter**
Expenditures on printing materials such as flyers, bulletins, banners and other resources needed for church communication and events.
## **Notes 8 - Honourarium**
Token payments given to guest speakers, preachers, or individuals who contributed their time and expertise to church activities.
## **Notes 9 - Catering**
Costs associated with providing food and refreshments during church events, gatherings, and special programmes.
## **Notes 10 - Assemblies of God Ministerial Training (AoG MiT)**
Expenses made towards the Assemblies of God denomination to support ministerial training and other collaborative commitments.
## **Notes 11 - Softwares**
Expenditures on software tools and licenses used to facilitate church operations and administrative tasks.
## **Notes 12 - Radio Station Setup**
Funds spent on setting up a radio station to enhance the church's outreach, spreading its message to a broader audience.
## **Financial Secretary’s Report**
I have prepared the Income and Expenditure Accounts, along with the Notes to the Accounts, in accordance with Section 42(3) of the Charities Act 1993. The accounts have been prepared on a receipts and payments basis, as applicable to small charities. My responsibility I have prepared the accounts using the church's accounting records and financial statements for the period under review.
## **Isaac Kofi Opoku Ware**
Trustee