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|||Unrestricted|Designated|Restricted|Endownments|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|
|||Funds|Funds|Funds|Funds|2023|2022|
|Incoming Resources||||||||
|Donations<br>and Legacies|2a|40,314||3,150||43,464|57,354|
|Charitable<br>Activities|2b|6,938||||6,938||
|Other Trading Activites|2c|21,005||||21,005|11,265|
|Total||68,257||3,150||71,407|68,619|
|Resources Expended||||||||
|Charitable<br>Activities|3a|62,067||3,339||65,406|62,647|
|Total||62,067||3,339||65,406|62,647|
|Net gain((losses)<br>on investment||||||||
|Net Incolne/(Expenditure)||6,190||(189)||6,001|5,972|
|Transfer between<br>Funds||||||||
|Net Movementsin<br>Funds||||||||
|Total Funds brought forward (1stApr)||19,698||8,846||28,544|22,572|
|Total Funds carried forward (31st.Mar}||25,888||8,657||34,545|28,544|





|Balance Sheet at|31Ilarch|2023|||||
|---|---|---|---|---|---|---|
||||2023||2022||
|||Notes|||||
|Fixed Assets|||||||
|Tangible Assets||5(a)||146,570||166,380|
|||||146,570||166,380|
|Current Assets|||||||
|Cash at bank<br>and|in hand|||34,545||28,544|
|||||34,545||28,544|
|Liabilities|||||||
|Liabilities due in|one year||||||
|Interest Free Loan||||16,800||16,800|
|Net Current Assets||||17,745||11,?44|
|Total Assets Less Current||Liabilitiep||164,315||178,124|
|Amounts<br>falling due after||one year|||||
|interest free Loan||||41,000||57,800|
|Total Net Assets||||123,315||120,324|



|Mr David Abraham|bought the the property|bought the the property|at 4StJames Street and transferred|at 4StJames Street and transferred|itto the Church for|F160,000 on interest free|
|---|---|---|---|---|---|---|
|loan. Repayment|is by a monthly|payment'of|F1,400 to him. He however,|has a|lien on the Property|until the final payment<br>is|
|made.|||||||
|Church Funds|||2023|||2022|
|Unrestricted<br>Funds|||114,658|||111,478|
|Restricted<br>Funds|||8,657|||8,846|
||||123,315|||120,324|





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||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Designated|Restricted|Endownment|Funds|Funds|
|Income and Endowments|from:|2|Funds|Funds|Funds|Funds|2023|2022|
|||||||E|||
|Donations<br>and Legacies||2a|40,314||3,150||43,464|57,354|
|Voluntary<br>income/Receipts|||||||||
|Tithes|||37,598||||37,598|40,394|
|Other planned<br>giving|||||||||
|Collections at services<br>All other giving and voluntary|||1,051||||1,051|4,630|
|receipts including<br>special|||||||||
|appeals|||1,665||3,150||4,815|12,330|
|Charitable<br>Activities|||6,938||||6,938|1,852|
|Church Activities|||||||||
|Car Boot|||1,703||||1,703|1,852|
|Fund Raising|||707||||707||
|Tax Recovered|||4,528||||4,528||
||||Unrestricted|Designated|Restricted|Endowrnment|Total Funds|Total Funds|
||||Funds|Funds|Funds|Funds|2023|2022|
|Other Trading Activites||2c|21,005||||21,005|11,265|
|Activities for Generating|Fund||||||||
|Rent|||21,005||||21,005|11,265|
||Total||68,257||3,150||71,407|70,471|





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||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Designated|Restricted|Endownrnent|Funds|Funds|
|EXPENDITURE ON:|||Funds|Funds|Funds|Funds|2023|2022|
|||||||||E|
|Charitable<br>Activities||3a|62,067||3,339||65,406|62,647|
|Church Activities|||||||||
|Mission<br>giving and donations||||||||100|
|Salaries/Wages|||||||||
|Clergy and Staff Expenses|||12,000||||12,000|20,400|
|Church Expenses|||||||||
|Church<br>running<br>expenses|||13,185||3,339||16,525|10,072|
|Church Expenses (Mission|and||||||||
|Evangelism)|||2,535||||2,535|849|
|Church<br>utility bills|||12,231||||12,231|7,998|
|Premises<br>Insurance|||2,036||||2,036|1,835|
|Major Capital Expenditure|||||||||
|Major Repairs to the Church|||3,280||||3,280|4,594|
|Repayment<br>of loan|||16,800||||16,800|16,800|
||Total||62,067||3,339||65,406|62,647|





## 

|2023|2022|
|---|---|
|f.|E|



## 

|5(a) Fixed Assets||Freehold|Church|Totai|
|---|---|---|---|---|
|||Buildings|Equipment||
|At Cost or Valuation|||||
|As at 1|Apr|160,000|95,900|255,900|
|Additions<br>in|the Year||3,212|3,212|
|Disposal<br>in|the Year||||
|Revaluation|(ifany)||||
|Value at 31|Mar|160,000|99,112|259,112|
|Accumulated<br>Depreciation|||||
|As at 1|Apr|12,800|76,720|89,520|
|Charge for the Year||3,200|19,822|23,022|
|Disposals|||||
|As at 31 Mar||16,000|96,542|112,542|
|Net BookValue|at 31 Mar|147,200|22,392|169,592|
|Net BookValue|at 01 Apr|144,000|2,570|146,570|





|New|Life Worldwide|Apostolic Church|||
|---|---|---|---|---|
|6|Liabilities||2023|2022|
||Amounts<br>falling due in one year||||
||Accurals of Utilities||||
||Amounts<br>Received|in Advance|||
||Interest free loan||16,800|16,800|
||Other Creditors||115||
||||16,915|16,800|
|6a|Amounts<br>falling due after one year||2023|2022|
||Interest free loan||41,000|57,800|
||||41,000|57,800|



## 

|Analys|is of Net Assets||||||
|---|---|---|---|---|---|---|
|||General<br>Unrestricted<br>Funds|Designated<br>Funds|Restricted<br>Funds|Endownrnent<br>Funds|Total|
|Fixed Assets||146,570||||146,570|
|Investment<br>Assets|||||||
|Current|Assets|25,888||8,657||34,545|
|Current|Liabilities|16,800||||16,800|
|||155,658||8,657||164,315|



|8|Funds Reconcilation|Funds Reconcilation|Reserves|Incoming|Resources|Investment|Reserves|
|---|---|---|---|---|---|---|---|
||||'at|Resources|Expended|Gains ILosses|at|
||||1 Apr||||31 Mar|
||Unrestricted|Funds|19,698|68,257|62,067||25,888|
||Restricted|Funds||||||
||Upper Room Pledge 8 Others||8,846|3,150|3,339||8,657|
|||Total Funds|28,544|71,407|65,406||34,545|





|New|Life Worldwide|Apostolic Church|||
|---|---|---|---|---|
|6|Liabilities||2023|2022|
||Amounts<br>falling due in one year||||
||Accurals of Utilities||||
||Amounts<br>Received|in Advance|||
||Interest free loan||16,800|16,800|
||Other Creditors||115||
||||16,915|16,800|
|6a|Amounts<br>falling due after one year||2023|2022|
||Interest free loan||41,000|57,800|
||||41,000|57,800|



## 

|Analys|is of Net Assets||||||
|---|---|---|---|---|---|---|
|||General<br>Unrestricted<br>Funds|Designated<br>Funds|Restricted<br>Funds|Endownrnent<br>Funds|Total|
|Fixed Assets||146,570||||146,570|
|Investment<br>Assets|||||||
|Current|Assets|25,888||8,657||34,545|
|Current|Liabilities|16,800||||16,800|
|||155,658||8,657||164,315|



|8|Funds Reconcilation|Funds Reconcilation|Reserves|Incoming|Resources|Investment|Reserves|
|---|---|---|---|---|---|---|---|
||||'at|Resources|Expended|Gains ILosses|at|
||||1 Apr||||31 Mar|
||Unrestricted|Funds|19,698|68,257|62,067||25,888|
||Restricted|Funds||||||
||Upper Room Pledge 8 Others||8,846|3,150|3,339||8,657|
|||Total Funds|28,544|71,407|65,406||34,545|