ASSEMBLY TESTIMONY MAGAZINE INCOME & EXPENDITURE ACCOUNT YEAR ENDING 31 DECEMBER 2024 2024 2023 INCOME Donations Bequests Bank interest received 42872 5000 2985 87382 10000 685 TOTAL 50857 98067 EXPENDITURE Printing of magazine Postage Courier services Book 'Glo House of David Book 'Glo Messianic Psalms(Portuguese) Reprinting of earlier Glory books Book 'Spirit of Glory, (Spanish) Book 'G/o God's Call to Service, Book 'Single Chapter, Stationery etc Computers/printers/etc. Professional services Bank fees Stock usage (postage stsmps) 24497 28285 7721 8950 19968 26145 6125 2800 16206 11500 7850 4775 1027 663 420 133 19 566 430 103 170 TOTAL 70722 97631 SURPLUSI DEFICIT FOR YEAR -19865 436
ASSEMBLY TESTIMONY MAGAZINE BALANCE SHEET AS AT 31 DECEMBER 2024 ASSETS 2024 2023 Danske Bank Ltd: Currenl 8ccount Business Investment Ac. 1-yr Fixed Term Deposit 1-yr Fixed Term Deposit 1-yr Fixed Tem Deposit 2-yr Fixed Term Deposit 1-yr Fixed Tem Deposit 69615 27 15000 29979 26 22045 21147 11143 20000 Stock of Postage Stamps 1090 1260 85732 105600 DEDUCT LIABILITIES Creditors 85732 105600 NET ASSETS FINANCED BY: Accumulated Fund At start of year 105600 105164 SURPLUSI(DEFICIT) FOR YEAR -19865 436 85735 105600 ee, Secretary/Treasurer, 7th March 2025