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