2025-03-31-accounts

AIUA ACCOU]VTA]VTS L TD Chartered Certified Accounlanls & T(LK Advisors 18 December 2025 I I l Abercorn Crescent Harrow HA2 OPY JOY HOUSE MINISTRIES Dear, Accounts for Period ended 3110312025 Please find attached final accounts for JOY HOUSE MINISTRIES for the period ended 31/03/2025 [including filleted/abbreviated accounts if appropriate]. Please review the attached carefully and if you are happy that the accounts can be approved please print out a set of each of the attached documents, obtain appropriate signatures at the foot of each Balance Sheet [and Directors Report, if relevant] and return the signed documents to this office. Please do not hesitate to contact us if you have any queries. Yours sincerely, Nazir Ahmadzi 23 M4SO]VSA VENUE, IL4RROW, HA3 SAH

JOY HOUSE MINisfRIES Charity No. 1047fAI Trustee's Report and Unaudlted Accounts 31 March 2025

JOY HOUSE MINisfRIES Contents Pages

JOY HOUSE MINISTRIES Trustees Annual Report The trustee presents their report with the unaudited financial statements of the charity for the year ended 31 March 2025. REFERENCE AND ADMINISTRATIVE DETAILS Charity No. 1047691 Trustee The following trustee served during the year: B. SMtTH C. OSSEI REV. J. LIGHT REV. M. YEBOAH Accountants Aria Accountants Ltd 130 Manor Way Ruislip HA4 8HR The trustee is responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the fmancial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 201 I, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustee is also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. Si￿ed B. SMtTH Trustee 31 March 2025

JOY HOUSE MINISTRIES TRUSTEES ANNUAL REPORT FOR THE YEAR EIYDED 3110312025 l. Introduction The trustees of the charity, Joy House Ministries, present their report with the fllL3ncial statements of the charity for the year ended 3110312025. The trustees have adopted the provisions of Accounting and Reporting by Charities." Statement of RecoTnmended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Staudard applicable in the UK and Republic of Ireland (FRS102) (effcctive l January 2005). 2. Strncture? governance, and management Joy House Ministries is a registered charity with the Charity Commission of England and Wale& Charity registration number: 1047691 New trustees of Joy House Ministries are appointed by the existing Board . The Constitution provides for a minimum of three trustees to a maximum of nine trustees, of which no more than three can be non-membeTS. All trustees give up their time freely and no trustee remuneration is paid. The following Trustees have served thmughout th¢ accounting period, except where indicated= Mrs Betty Smith (Chair) Reverend Jimmy Light Reverend Maurice YeEK)ah Mrs Catherine O&sei Governing document Its governing document is its Articles of Association &s set out on 2510411995. 3. Organisational Strncture The charity employs five p&stors, all of whom report to the board of trustees. The trnstees give their time voluntarily and received no benefits from the charity. No expenses have been reclaimed by any of the trustees from the charity in the period concerned. Th¢ general governance of the clwity is the responsibility of the Trustees; however, the day- to-day operation is delegated to Rev Martin Ossei, Senior Pastor. Rev Martin Ossei takes any matters of variation to Trustees, meetings for decision n￿king. 4. Reernitment and appointment of new Trustees Appointment and removal of trusteeOdirectors is in accordance with the constitution of the charity. NOm￿lIy, the Trustees meet four times per year to consider financial considerations and operations of the Charity.

1. Aims and purposes Our purpose as recorded in our constitution is to advance and proclaim the Christian faith by the promotion of the Gospel of our Lord Jesus Christ and to extend the Christian Evangclical Faith in the U.K and elsewhe￿.
2. Achievements and PerforniaDce JOY HOUSE MINISTRIES ANNUAL REPORT 202412025 We have pursued our visioTh of propagating the Gospel of Jesus Christ in the United Kingdom and the world relentlessly in tbis past year. b. We have trained ministers and volunteers to undertake the task of delivering our nwidate to the community and the world through our ministy programmes. Our weekly Sunday Services have continued without fail at the Lewinson Cornmunity Centre. These have ￿en well patronised to our satisfaction. These services include children and youth progrdmmes. d. Our weekday progrdmmes: Morning prayer mectings (Mondays, Wednesdays, Fridays)" intercessory Prayer Meetings (Tuesday evenings)" Bible Study (Thursday evenings) are done mostly on zoom. Our flagship "Be Strong" conferences in early and late Spring, and Autumn were a eat success and well patronised. f. Our community activities to supp)rt our local community continued throughout this past year. Our members have offered hands on SUp￿)rt in areas of counselling, fan]ily visits and supporL hospital visits and prayer. volunteers at food banks and other areas where we have demonstrated the practical outworking of the Gospel of Jesus Christ. g. We have had joint events and collaborated with local churches and other organisations as well as thc Brent Borough Council to maximise our support to the community. This we have done for many years. so we have trusted partners and acceptance within our local borough of BrenL extending to other areas of London. h. Our annual 'Brent Family Festival. at the Unity Centre in Church End Estate in Harlesden NWI O, a free food, games and music street party event was held in July and was well patronised by the local community. Support and donations were sent internationally to widows and orphans in Indi South Africa and Ghana through our ministry partners in these countries. j. Our examined accounts for 202412025 financial year is attached. Approved by the Trustees: 09101r2025 Signed on their behalf by Trustee: Printed Iyame: BETTY SMrrH

JOY HOUSE MINISTRIES Statement of Financial Activities for the year ended 31 March 2025 Unrestricted funds Total funds Totsl funds 2025 2025 2024 Notes Income and endowments from: Donations and legacies 114.823 114,823 129,146 Total 114,823 114,823 129,146 Expenditure on: Charitable activities Other 5,960 105,602 5,960 105,602 9,548 111,926 Totsl 111,562 111,562 121,474 Net gains on investments Net income 3,261 3,261 7,672 Transfers between funds Net Income before other gains/{losses) 3.261 3,261 7,672 Other gains and losses Losses on revaluation of fixed assets (5,094) Net movement in funds 3,261 3,261 2,578 Reconcillation of funds: Total funds brought fonvard 2,578 2,578 Total funds carried forward 5,839 5,839 2,578

JOY HOUSE MINISTRIES Balance Sheet at 31 March 2025 Charity No. 1047691 2025 2024 Fixed assets Tangible assets 3,283 3,283 4,377 4,377 Current assets Cash at bank and in hand 4,331 4,331 (1,775) 2.556 1,283 1,283 {3,082) 11,7991 2,578 Creditors: Amount falling due within one year Net current assets/{liabilities) Total assets less curreirt liabilities 5,839 Net assets excluding pension asset or liability 5,839 2,578 Total net assets 5,839 2,578 The funds of the charfty Restricted funds Unrestricted funds General funds io io 3,261 3,261 Reserves 10 Revaluation reserve 2,578 2,578 2,578 2,578 Total funds 5,839 2.578 Approved by the trustees on 31 March 2025 And signed on their behalf by: B. SMITH Trustee 31 March 2025

JOY HOUSE MINISTRIES Notes to the Accounts for the year ended 31 March 2025 l Accounting policies Basis of preparation The financial statements have been prepared in accordance wilh Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland {FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and the Charities Act 2011. Change in basis of accounting or to previous accounts There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years. Fund accountlng Unrestricted funds These are available for use at the discretion of the trustee5 in furtherance of the general objects of the charity. These are unrestricted funds earniarked by the trustees for particular purpo*s. These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. These are available for use subject to restrictions imposed by the donor or through terms of an appeal. Designated funds Revaluation funds Restricted funds Income Recognition of income Income is included in the Statement of Financial Activities {SoFA} when the charity becomes entitled to, and virtually certain to receive. the income and the amount of the income can be measured with sufficient reliability. Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SOFA. Donations and Voluntary income received by way of grants donations and gifts is included in the the SOFA when re￿1vable and only when the Charity has unconditional entitlement to the income. Tax reclaim5 on Income from tsx reclaims is included in the SOFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable. measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receiwable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gatns/llossesl on investment assets legacies This includes any gain or105s on the sale of investments.

JOY HOUSE MINISTrIES Notes to the Accounts Expenditure Recognition of expenditure Expenditure is recognised on an accruals basis. Expenditure includes any VATwhich cannot be fully recovered. and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its attivities and charitable activities services in the furtherance of its objects, irbcluding the making of grants and governance costs. All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity. together with a share of other administration costs. These are support costs not allocated to a particular activity. Grants payable Governance costs Other expenditure Ta￿lon The charity is exempt from tsx on its charitable activities. Freehold investment property Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Ststement of Financial Activities as they arise. Stocks Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fatr value which is the amount the charity would have been willing to pay for the items on the open market. Trade and other debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount Prepaid net of any trade discounts due. Cash and cash equivalents Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other 5hort-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. Trade and other credStors Short term creditors are measured at the transaction Pftce. Other creditors and provisions are reco8nised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recogni*d at their settlement amount after allowlng for any trade discounts due.

JOY HOUSE MINISTRIES Notes to the Accounts Research and development Expenditure on research and development is written off in the year in which it is incurred. Foreign currencies Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange differences are are taken into account in arriving at net income/expenditure. Leased assets Where the charity enters into a lease which entails taking substantially all the risks and ￿WardS of ownership of an asset. the lease is treated as a finance lease. Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases. Assets heSd under finance leases are initially recogni5ed as assets of the charity at their fair value at the inception of the lease or. if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to ualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same wa as owned assets. Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the e￿nt that lease incentives are received to enter into operating leases, such incentives are recogni5ed as a liability- The aggregate benefft of incentives is recognised as a reduction of rental expense on a straight-line basis. Penston costs The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds. Receipt of donated goods. facilities and serVi￿S All donated goods. faciltties and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

JOY HOUSE MINisfRIES Notes to the Accounts 2 Statement of Financial Activities - prior year Unrestricted funds Total funds 2024 2024 Income and endowments from: Donations and legacies 129,146 129,146 Total 129,146 129,146 Expenditure on: Charitable activities 9,548 111,926 Other 111,926 Total 121,474 121,474 Net income 7,672 7,672 Net income before other gains/(losses) Other gains and losses: Gains on revaluation of fixed assets 7.672 7.672 15,094) 2.578 (5,094) 2,578 Net movement in funds Reconciliation of fijnds: Total fvnds carried forward 2,578 2,578 3 Income from donations and legacles Unrestrirted Totsl Totsl 2025 2024 114,823 114.823 114,823 114,823 129,146 129,146 4 Expendlture on charitable activities Unrestricted Total Total 2025 2024 Expenditure on charitable activities 5.960 5,960 Governance costs 5,960 5,960

JOY HOUSE MINISTRIES Notes to the Accounts 5 Other expenditure Unrestricted Total Totsl 2025 2024 1,787 66,384 1,633 25,360 Employee costs Motor and travel costs 58.881 20 58,881 20 Premises costs Amortisation, depreciation, impairment, profivloss on disposal of fixed assets General administrative costs 33.￿5 33,lJ)5 1.094 1,889 11.472 1.130 105,602 11.472 1,130 105,602 13,623 1,250 111,926 Legal and professional costs 6 Net income before transfers 2025 2024 This is stated after charging: Depreciation of owned fixed assets 7 Staff costs 1,094 1,889 2025 2024 Salaries and wages 26,107 26,107 23,900 23,9(YJ No employee received emoluments in excess of £60,1￿. 8 Tangible r￿ed assets Cost or revaluatlon At l April 2024 At 31 March 2025 Depreciation and impainnent At l April 2024 Depreciatton charge for the year At 31 March 2025 16,635 16,635 18,358 18,358 34,993 34,993 12,258 18,358 30,616 1.094 1,094 13,352 18,358 31,710 Net book values At 31 March 2025 At 31 March 2024 9 Creditors: amounts falling due within one year 3,283 4.377 3,283 4,377 2025 2024 Other taxes and social security Accruals 975 1,289 1,793 3,082 800 1,775

JOY HOUSE MINISTRIES Notes to the Accounts 10 Movement in funds Incoming resources At31 March 2025 (including other At l April gains/losses 2024 Resources expended Restricted funds: Unrestricted funds: General fvnds 114.823 (111.562) 3,261 Revaluation Reserves: Revaluation fund 2,578 2,578 Total revaluotion reserves 2.578 2,578 Total funds 2,578 114,823 {111,562) 5,839 Purposes and restrictions in relation to the funds: Revaluation reserves Represent the amount by which investments exceed their historical cost. 11 Analysis of net assets between funds Unrestrirted funds Restrirted funds Totsl Fixed assets 3,283 4,331 7,614 3,283 2,556 5,839 Net current assets (1.775) (1,775) 12 Reconciliation of net debt At31 March At l April 2024 Cash flows 2025 Cash and cash equivalents 1,283 1,283 4,331 4,331 3,048 Net debt 1.283 4,331

JOY HOUSE MINISTRIES Statement of Cash flows for the year ended 31 March 2025 2025 2024 Cash flows from operatlng activities Net income per Statement of Financial Activitles 3,261 2,578 Adjustments for: Depreciation of property, plant and equipment (Decreaselllncrease in trade and other payables 1,889 559 (1.307) Net cash provided by operating activities 5,026 Net cash from investing attivities Net cash from financing activities Net increase in cash and cash equivalents 5,026 Cash and cash equivalents at the beginning of the year 1.283 (8,837) Cash and cash equivalents at the end of the year 4.331 {3,811) Components of cash and cash equivalents Cash and bank balances 4.331 1,283 4,331 1,283

JOY HOUSE MINISTrIES Detailed Statement of Financlal Activities for the year ended 31 March 2025 Unrestricted fvnds Total funds Total funds 2025 2025 2024 Income and endowrmnts from: Donations and legacies 114.823 114,823 114,823 114,823 129.146 129,146 Total income and endowments 114,823 114,823 129,146 Expenditure on: Charitable activities 5,960 5,960 5.960 5,960 9,548 9,548 Total of expenditure on charitable actlvities 5,960 5,960 9,548 Other expenditu 1,787 1,787 Employee costs Salaries/wages Staff entertainment Staff training Staff welfare Temporary stsff 26.107 26.107 23,91X) 9,728 I,o(K) 14,476 17,280 66.384 1,209 19,031 12,534 58.881 1,209 19.031 12,534 58.881 Motor and travel costs Vehicle5- Insurance and licence5 Travel and subsistence 813 820 20 20 20 20 1,633 Premises costs Rent Light, heat and power 32,805 200 32,805 200 25.160 200 33.005 33,005 25,360 General administrative costs, including depreciation and amortisation Depreciation of Depreciation of Bank charges Equipment repair5 and maintenance Information and publications Postage and couriers 1,094 1,459 430 3.647 3,647 3,369 190 190 1,149 150 14 150 14 1,895 16

JOY HOUSE MINisfRIES Detalled Statement of Flnancial Activities Software, IT support and related costs 301 301 247 Stationery and printing Sundry expenses Telephone, fax and broadband 263 5,240 5,2tKI 1,970 12,566 5,200 1,970 12.566 15,512 Legal and professional costs Accountancy and bookkeeping Other legal and professional costs 1,250 330 330 1.130 1.130 1,250 Total ol expenditure of other costs Total expenditure Net gains on investments 105,602 105,602 111,926 111.562 111,562 121,474 3.261 3,261 7,672 Net income Net Income before other insl(losses) Other recognised gains and losses Losses on revaluation of fixed assets Other Gains 3.261 3,261 7,672 {5,094} Net movement in funds 3,261 3,261 2,578 Reconciliation of funds: Totsl funds brought forward 2.578 2,578 Total funds carried forward 5,839 5.839 2,578