THE METHODIST CHURCH GHANA

YOUTH DEVELOPMENT MINISTRY

METHODIST YOUTH FELLOWSHIP
CAPTAIN POTTER BRANCH, KWABEDU-TARKWA

INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED

1ST JANUARY TO 31ST MARCH, 2023
INCOME GHS
Dues 328.00
Contributions 123.00
Offertory 384.00
Special Fundraising 355.00
Unprescribed 10.00
Souvenirs 356.00
Total Income 1556.00

LESS EXPENDITURE
Printing and Photo Copies 45.00
Donation (Note I) 200.00
Refreshment (Note II) 420.00
Television for Projection 1000.00
T&T - Diocesan Induction Service (Akoon) 150.00
Bank Charges 15.00
Total Expenditure 1830.00
DEFICIT (274.00)

STATEMENT OF FINANCIAL POSITION AS AT 31ST MARCH, 2023

Current Assets GHS
Inventory (Stock) 890.00
Cash in hand 769.70
Cash at bank;
Societe Generale 280.46
GCB 3910.09
Debtor 2000.00
Net Total Asset 7850.25
Financed By:
Accumulated Fund 8124.25
Deficit (274.00)
Net Profit 7850.25

Prepared By: Approved By: Confirmed By:

……………………………. ……………………..…… …………………….…

Bro. Hammond Nana Acquah Bro. Robert Kumi Sarpong Rev. Ebenezer Yankey
(Treasurer) (Chairman) (President)

ACCOUNT NOTES

NOTE I
Donation
Naming Ceremony (One Sister) - 200.00
Total - 200.00

NOTE II
Refreshment
Executive Meeting - 80.00
Bring & Eat - 315.00
Invited Guest - 25.00
Total - 420.00