ASSEMBLY TESTIMONY MAGAZINE INCOME & EXPENDITURE ACCOUNT YEAR ENDING 31 DECEMBER 2022 2022 2021 INCOME Donations Bequests Bank interest received 37415 41920 18364 652 127 TOTAL 37542 60936 EXPENDITURE Printing of magazine Postage Courier services Book 'Glo Last Words (Portuguese) Reprinting of earlier Glory books Book 'Glo Local Church, (Spanish) Book 'G/o The Tabernacle, Stationery etc Computerslprintersletc. Professional services Bank fees Stock usage (postage stamps) 13825 18706 5098 2250 15040 17836 5252 4073 6500 6924 1538 236 420 142 297 1102 420 155 1090 TOTAL 42646 58258 SURPLUSI DEFICIT FOR YEAR -5104 2678
ASSEMBLY TESTIMONY MAGAZINE BALANCE SHEET AS AT 31 DECEMBER 2022 ASSETS 2022 2021 Danske Bank Ltd: Current account Business Investment Acc 1-yr Fixed Term Deposit 1-yr Fixed Term Deposit 2-yr Fixed Term Deposit 20112 26 31618 31069 21058 23824 426 31570 31022 21058 Stock of Postage Stamps 1279 2368 105162 110268 DEDUCT LIABILITIES Creditors ( 105162 110268 NET ASSETS FINANCED BY: Accumulated Fund At start of year 110268 107590 SURPLUSI(DEFICIT) FOR YEAR -5104 2678 105164 110268 ecretar easurer, 10th February 2023