Back To Basics – Non-Competitive Procurements Susan Thibodeaux CFCM, MBA.
Account Cfcm 2013 (Audited)
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Transcript of Account Cfcm 2013 (Audited)
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8/14/2019 Account Cfcm 2013 (Audited)
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COMMISSIONERS FOR CHRIST MINISTRY PAGE 1
FINANCIAL STATEMENT
FOR THE YEAR ENDING 30 SEPTEMBER 2013
CENTRAL
A/C
NRB
CHAPTER
EMBU/KIR
CHAPTER
MOMBASA
CHAPTER
2013
TOTALS
2012
TOTALS
YEAR 2013
PROJECTION
S
KSH KSH KSH KSH KSH KSH KSH
Income
Members Contributions 32,000 754,947 35,600 19,000 841,547 735,170 1,750,000
Convention 409,560 - - - 409,560 385,942
Annual Mission - - - - - 300,150
Offerings 6,850 48,665 - 5,640 61,155 41,128 90,000
Donations - 97,000 3,000 100,000 39,400 50,000
Retreat - - - - - 23,100
Registration 5,200 - 100 - 5,300 5,200
School fees (Mandove) 0 - - - - 16,000
Office Hiring - - - - -
Bank Interest 1,986 - - - 1,986 1,339
Land (Registration of Easement) 96,000 - - - 96,000
Transfers to Central Treasurer 883,647 (851,947) (19,700) (12,000) - - -
Total Income 1,435,243 48,665 19,000 12,640 1,515,548 1,547,429 1,890,000
Expense
Annual Convention 395,626 - - - 395,626 404,942 450,000
Annual Mission - - - - - 273,040 320,000
Teachers Conference 43,000 - - - 43,000 - 75,000
Ministry Reflection Retreat 182,176 - - - 182,176 - -
Rent and Hall Hire 150,000 26,400 - 16,000 192,400 160,100 200,000
Regular Missions 215,830 10,500 1,000 227,330 212,390 230,000
Retreat Exps 64,788 - 2,500 2,600 69,888 86,100 90,000
Post Office Annual Fee 6,000 - - - 6,000 3,800 6,000
AGM Exps 38,150 37,127 - - 75,277 76,260 75,000
Committee/Meeting Expenses 21,293 23,850 1,500 - 46,643 29,393 50,000
Follow up /Editoria Exps 53,000 - - - 53,000 - 18,000
Kind Donations 2,000 4,000 - - 6,000 15,000 20,000
Salaries & wages 80,500 - - - 80,500 30,500 120,000
Transport & Traveling 1,670 - 1,400 - 3,070 2,400 5,000
Prayer Meetings 5,500 25,745 - - 31,245 17,710 35,000
Repairs & Maintenance 23,500 - - - 23,500 5,410 7,000
Annual Returns - - - - - 1,500 5,000
Electricity 14,908 - - - 14,908 7,782 15,000
Bank Charges 2,910 150 - - 3,060 3,927 5,000
Office Gen.exps 4,900 501 - - 5,401 17,353 20,000
Printing & Stationary/Library 26,910 - - - 26,910 32,300 35,000
Website Expenses 5,000 - - - 5,000 15,500 15,000
Equipments 7,074 - - - 7,074 9,113 10,000
Insurance 8,075 - - - 8,075 - 8,075
Depreciation 51,638 - - - 51,638 56,360 56,801
TOTAL EXPENDITURE 1,404,448 117,773 15,900 19,600 1,557,721 1,460,880 1,870,876
SURPLUS FOR THE PERIOD 30,795 -69,108 3,100 -6,960 -42,173 86,549 19,124
SURPLUS B/D (YEAR 2012) -397,470 1,435,700 70,425 39,741 1,148,396 1,061,847
ACCUMULATED SURPLUS -366,674 1,366,592 73,525 32,781 1,106,224 1,148,396
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COMMISSIONERS FOR CHRIST MINISTRY
BALANCE SHEET
AS AT 30 SEPTEMBER 2012
2013 2012
ASSETS Kshs Kshs
Fixed Assets 3,416,425 3,361,512
Current Assets
Cash at hand 4,281 58,369
Cash at Bank 185,518 228,515
Total Current assets 189,799 286,884
TOTAL ASSETS 3,606,224 3,648,396
FINANCED BY;
Accumulated surplus 1,106,224 1,148,396
Asset revaluation fund 2,500,000 2,500,000
3,606,224 3,648,396
-0 -0
The accounts were checked and review by the auditor B. Muchiri - Oct, 2013.
J. Muna
Treasurer yr 2012/2013- cfcm
COMMISSIONERS FOR CHRIST MINISTRY
NOTES TO THE ACCOUNTS
FOR THE PERIOD ENDING 30 SEPTEMBER 2013
ACCOUNTING POLICIES
(a) Depreciation
Depreciation is computed so as to write off the assets over their expected useful lives on a reducing balance basis.
The rates applied are as follows;
Furniture, Fittings & Equipment 12.5% Computer & Peripherals 30.0%
b) Land has not been revalued
SCHEDULE OF FIXED ASSETS
FURNITURE COMPUTERS
LAND OFFICE & &
EQUIPMENT FITTINGS PRINTER TOTAL
COST Kshs Kshs Kshs Kshs Kshs
Cost As at 01.10.12 3,000,000 524,840 93,200 151,000 3,769,040
Purchases in the year 106,550 106,550
Land revaluation 0
Total cost 3,000,000 631,390 93,200 151,000 3,875,590
DEPRECIATION
As At 01.10.12 241,150 52,226 114,151 407,528Charge for the Year 35,461 5,122 11,055 51,638
Total depreciation 0 276,611 57,348 125,206 459,165
Net book value 30.09.2013 3,000,000 354,779 35,852 25,794 3,416,425
Net book value at 30.09.2012 3,000,000 283,690 40,974 36,849 3,361,512
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