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