Registered Charity Number 1056291
JIREH COMMUNITY PROJECT TRUST
REPORT AND ACCOUNTS
FOR THE YEAR ENDED
31 MARCH 2023
JIREH COMMUNITY PROJECT TRUST Report and Accounts
Contents
| Page | |
|---|---|
| Trustees’ Report | 3 |
| Statement of Trustees’ Responsibilities | 5 |
| Independent Examiner’s Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 9 |
| Notes to the accounts | 10 |
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JIREH COMMUNITY PROJECT TRUST The report of the Trustees for the year ended 31 March 2023
Introduction
The trustees present their annual report and financial statements of the charity for the year ended 31 March 2023. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deed, the Charities Act 2011, and the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).
Purpose and Activities of the Charity
Objectives
Jireh Community Project Trust (“The Trust”) was established by Trust Deeds dated 16[th] July 1964 and 2[nd] July 1966 to own the land and buildings at Teehey Gardens, Bebington, which were conveyed “without payment”. At that time the charity was known as Jireh Chapel Trust.
A series of Supplemental Deeds reflect the changes in Trustees over the years since the original Deeds .
The objects of the deeds are being observed by the application of a strategy which is empowered by our vision as a church, which is: -
‘to love God and to love our neighbour
Loving God is expressed in worship, prayer, fellowship and Bible study and is worked out in loving our neighbour.
Love involves compassion leading to community action; providing for the general wellbeing of people and communities, including pastoral care and practical help. Neighbour includes anyone within the geographical area of the charity’s activities, with a particular focus on those in most need.
Achievements and performances
This year has been one of continued development for Jireh as we have continued rebuild our activities following covid.
The ‘Messy’ brand has gone from strength to strength with increasing numbers and new Messy Activities to attend. Messy Sunday remains popular and this year we have gone outdoors on a number of occasions for Bonfire Night, Hallowe’en and Easter. Messy Monday continues to attract new people all the time.
A new Messy Activity on a Wednesday afternoon has recently started, called Messy Fingers and runs for an hour before school pick up time. Already attracting good numbers, Messy Fingers has added much to the Messy Brand and we’re looking forward to seeing what next year brings.
We have commenced after school drop-in activities on Tuesday and a Thursday At Christmas we held a Carol Singing event outside the local Coop (thank you to them for their generosity with mince pies and drinks). We held it at the end of school and over 100 community members came along and sang together for about half an hour.
Monday and Thursday still have Toddlers and Soft Play running each week and Thursday Lunch Club continues for those who would like a free meal and some company.
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JIREH COMMUNITY PROJECT TRUST The report of the Trustees for the year ended 31 March 2023
A weekend away attracted over 50 attendees and we had a fantastic family time away at a beautiful campsite near Pwllheli in North Wales.
These are just some of the highlights of an amazing year which has seen growth and development in nearly every area. All in all, once again, Jireh Community Project is delivering holistic needs for the whole community.
We are grateful for all the support and encouragement we receive.
Financial Review
Policies on reserves
Year on year the Trustees plan to utilise available income, subject to making adequate reserves for known and future potential liabilities and commitments. Annual surpluses or deficits are credited or charged to the Unrestricted Fund or Restricted Fund in accordance with the charity’s policy. In accordance with the policy of the Trustees, at least one tenth of income generated from church activities has been set aside in an Unrestricted Fund (the Support Fund) for the support of missionaries, mission organisations, community activities, emergency situations and those with particular need of financial assistance. Availability and adequacy of assets of the funds.
The board of Trustee is satisfied that the charity assets in each fund are available and adequate to fulfil its obligations I respect of each fund.
Transactions and Financial position
The Statement of Financial Activities show net outgoing resources for the year of a revenue nature of £23,591 (2022: (£17,265)).
The total reserves at the yearend stand at £310,936 and there were free liquid reserves at the yearend of £2,719 (2022: £6,910). The charity will continue due to the financial support of its members who will continue to cover any shortfall in financial resources.
Reference and administrative details
Date of registration 21[st] June 1996 The Registered Office 13 Village Road, Higher Bebington, Wirral CH63 8PP Charity Registration Number 1056291
Trustees
The Trustees during the year and at the date of this report are: -
M J Wright Mrs K J Johnson S Taylor-Smith Mrs S Clarke
The Board of trustees held regular meetings across the year. Minutes from these meetings can be provided on application. The methods adopted for the recruitment and appointment of new trustees. The trustees are chosen to bring a wide variety of skills to the charity management.
Independent Examiner
Ms. Phoebe Hughes, 9 Bromborough Road Bebington, Wirral
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JIREH COMMUNITY PROJECT TRUST The report of the Trustees for the year ended 31 March 2023
Statement of Trustees’ Responsibilities
The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable group for that period. In preparing the financial statements, the trustees are required to:
Select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and the group and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.
This report was approved by the board of Trustees on 31 March 2024
Kirsty Johnson
Trustee
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JIREH COMMUNITY PROJECT TRUST Independent Examiner’s Report to the Trustees of the Charity
Report of the Independent Examiners to the Trustees on the accounts of the Charity for the year ended 31 March 2023
I report on the financial statement of the charity on page 7 to 15 for the year ended 31 March 2023.
Respective responsibilities of the Trustees and Examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
• to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- to state whether particular matters have come to my attention.
Basis of opinion and scope of work undertaken
My examination was carried out in accordance to general directions given by the charity commission. An examination includes a review of accounting records, kept by the charity and a comparison of accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts and seeks explanations from the Trustees concerning any such matters. The procedure undertaken does not provide all the evidence that would be required in an audit. Consequently, no opinion is given to whether the accounts present a true and fair view and report is limited to the matters set out in the statement below.
Independent Examiner’s Statement
In connection with examination, no matters have come to my attention; Which gives me reasonable cause to believe that in any material respect the requirements;
• to keep accounting records in accordance with section 130 of the Charities Act; and
• to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Phoebe Hughes, Member of the Association of Accounting Technicians PREN Accountancy, 9 Bromborough Road, Bebington, Wirral The date upon which my opinion is expressed is: 31 March 2024
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JIREH COMMUNITY PROJECT TRUST Statement of Financial Activities For the year ended 31 March 2023
| JIREH COMMUNITY PROJECT TRUST Statement of Financial Activities For the year ended 31 March 2023 |
|||
|---|---|---|---|
| Income Donations and legacies Grants received Rental income Total income Expenditure Expenditure on church activities Depreciation Governance costs Total expenditure Net income/(expenditure) for the year Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted Restricted Total Last Year Funds Funds Funds Total Funds 2023 2023 2023 2022 £ £ £ £ 40,850 - 40,850 36,869 - - - 10,775 8,243-8,243 12,166 49,093 - 49,093 59,810 |
||
| 49,784 - 49,784 54,175 281 19,119 19,400 19,400 3,500-3,500 3,500 53,565 19,119 72,684 77,075 (4,472) (19,119) (23,591) (17,265) (4,472) (19,119) (23,591) (17,265) 30,505 304,022 334,527 351,792 26,033 284,903 310,936 334,527 |
|||
The net movement in funds to above in the net incoming resources as defined in the statement of Recommendation Practice for Accounting and reporting issued by the Charity Commission for England and Wales and is reconciled to the total funds as shown in the Balance Sheet on page 8 as required by the said statement.
All activities derive from continuing operations.
The notes on page 10 to 15 form an integral part of these accounts
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JIREH COMMUNITY PROJECT TRUST Statement of Financial Activities For the year ended 31 March 2022 Analysis of prior year total funds as required by paragraph 4.2 of Statement of Recommended Practice (SORP)
| Income Donations and legacies Grants received Rental income Total income Expenditure Expenditure on charitable Activities Depreciation Governance costs Total expenditure Net income/(expenditure) for The year Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted Restricted Total Funds Funds Funds 2022 2022 2022 £ £ £ 36,869 - 36,869 - 10,775 10,775 12,166 - 12,166 49,035 10,775 59,810 42,876 11,299 43,068 281 19,119 19,400 3,500 - 3,325 46,657 30,418 77,075 2,378 (19,643) (17,265) 2,378 (19,643) (17,265) 28,127 323,665 351,792 30,505 304,022 334,527 |
|---|---|
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JIREH COMMUNITY PROJECT TRUST Balance Sheet As at 31 March 2023
| 2023 Notes £ £ The Assets and liabilities of the charity Fixed Assets Tangible assets 296,604 Current Assets Debtors 8 11,613 Cash at the bank and in hand 12,251 Total current assets 23,864 Creditors: - Tax payable (943) Amount due within one year 9 (4,808) Amount falling due after a year (3,781) (9,532) Net current assets 14,332 Net assets 310,936 The funds of the charity Unrestricted income funds Unrestricted revenue accumulated funds 26,033 Restricted Funds 284,903 Total charity funds 310,936 |
2023 Notes £ £ The Assets and liabilities of the charity Fixed Assets Tangible assets 296,604 Current Assets Debtors 8 11,613 Cash at the bank and in hand 12,251 Total current assets 23,864 Creditors: - Tax payable (943) Amount due within one year 9 (4,808) Amount falling due after a year (3,781) (9,532) Net current assets 14,332 Net assets 310,936 The funds of the charity Unrestricted income funds Unrestricted revenue accumulated funds 26,033 Restricted Funds 284,903 Total charity funds 310,936 |
2023 Notes £ £ The Assets and liabilities of the charity Fixed Assets Tangible assets 296,604 Current Assets Debtors 8 11,613 Cash at the bank and in hand 12,251 Total current assets 23,864 Creditors: - Tax payable (943) Amount due within one year 9 (4,808) Amount falling due after a year (3,781) (9,532) Net current assets 14,332 Net assets 310,936 The funds of the charity Unrestricted income funds Unrestricted revenue accumulated funds 26,033 Restricted Funds 284,903 Total charity funds 310,936 |
|
|---|---|---|---|
26,033 284,903 |
|||
| 310,936 |
.
Mal Wright – Trustee Approved by the board of Trustees on 31 March 2023
The notes on page 10 to 15 form an integral part of these accounts
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JIREH COMMUNITY PROJECT TRUST Notes to the Accounts for the year ended 31 March 2023
1. Accounting policies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
a) Basis of preparation
The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the 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 of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
The trust constitutes a public benefit entity as defined by FRS 102.
b) Reconciliation with previous Generally Accepted Practice
In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required. No such restatement was found to be necessary.
c) Preparation of the accounts on a going concern basis
The financial statements are prepared on a going concern. The Charity is entirely dependent on continuing grant and donation support and as a consequence the going concern basis is also dependent on that continuing financial support.
d) Income
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
e) Donated services and facilities
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time is not recognised and refer to the trustees’ annual report for more information about their contribution.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
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JIREH COMMUNITY PROJECT TRUST Notes to the Accounts for the year ended 31 March 2023
f) Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
g) Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of the charity.
h) Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
i) Allocation of support costs
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include finance, personnel, payroll and governance costs which support the charitable activities. These costs have been allocated between costs of raising funds and expenditure on charitable activities. The bases on which support costs have been allocated are set out in note1.
j) Tangible fixed assets
Individual fixed assets costing £100 or more are capitalised as cost and are depreciated over their estimated useful economic lives on a straight-line basis as follows:
| Asset Category | Annual rate |
|---|---|
| Building | 4% |
| Plant, equipment, and motor vehicles | 20% |
| Furniture | 20% |
k) 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.
l) Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
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JIREH COMMUNITY PROJECT TRUST Notes to the Accounts for the year ended 31 March 2023
m) Creditors and provisions
Creditors and provisions are recognised 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 estimating reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
n) Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loan which are subsequently measured at amortised cost using the effective interest method.
2 Income from donations and legacies
| Donations Gifts Taxation refund Corporate gifts |
2023 2022 £ £ 37,350 24,216 - 5,015 3,500 7,638 40,850 36,869 |
|---|---|
The Trust benefits from the involvement and enthusiastic support of its many volunteers, details of which are given in our annual report. In accordance with FRS 102 and the Charities SORP (FRS 102), the economic contribution of general volunteers is not recognised in the accounts.
3 Analysis of expenditure on charitable activities
| Wages and salaries Volunteer expense Activities Premises cost Equipment expended Insurance Repairs and renewals Loan interest Gifts and grants Total |
2023 £ 23,690 - 8,247 11,419 4,760 1,534 1,770 279 1,585 |
2022 £ 23,690 1,250 4,205 8,179 - 1,599 13,105 538 1,609 54,175 |
|---|---|---|
| 53,284 |
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JIREH COMMUNITY PROJECT TRUST Notes to the Accounts for the year ended 31 March 2023
4 Analysis of governance and support costs
The charity initially identifies the costs of its support functions. It then identifies those costs which relate to the governance function. Refer to the table below for the basis for apportionment and the analysis of support and governance costs.
| General support | Governance | Total | Basis of | |
|---|---|---|---|---|
| Function | apportionment | |||
| £ | £ | £ | ||
| Accounting services |
- | 2,775 | 2,775 | Governance |
| Independent examination |
- | 725 | 725 | |
| Total |
- | 3,500 | 3,500 |
5 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel.
| management personnel. | |
|---|---|
| Salaries and wages |
2023 2022 £ £ 23,690 23,690 |
| _______ 23,690 23,690 |
No employees had employee benefits in excess of £60,000 (2017: nil).
The charity trustees were not paid or received any other benefits from employment with charity, as trustees, in the year (2022: £nil) neither were they reimbursed expenses during the year (2022: £nil).
6 Staff Numbers
The average monthly head count was 1 staff (2022: 1 staff).
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JIREH COMMUNITY PROJECT TRUST Notes to the Accounts for the year ended 31 March 2023
7 Tangible fixed assets
| 7 | Tangible fixed assets | |||
|---|---|---|---|---|
| Long leasehold | Plant | Total | ||
| Land and | machinery and | |||
| Buildings | motor vehicles | |||
| £ | £ |
£ | ||
| Cost: | ||||
| As at 1 April 2022 | 423,580 | 55,870 | 479,450 | |
| ______ | ||||
| As at 31 March 2023 | 423,580 | 55,870 | 479,450_ | |
| Depreciation: | ||||
| As at 1 April 2022 | 136,125 | 27,321 | 163,446 | |
| Charge for the year | 15,125 | 4,275 |
19,400 | |
| __________ | ||||
| As at 31 March 2023 | 151,250 | 31,596 | 182,846 | |
| Net book value | ||||
| As at 31 March 2023 | 272,330 | 24,274 | 296,604 | |
| As at 31 March 2022 | 287,455 | 28,549 | 316,004 | |
| 8 | Debtors | |||
| 2023 | 2022 | |||
| £ | £ | |||
| Taxation refundable | 10,750 | 10,750 | ||
| Other debtor | 863 | 863 | ||
| ________ | ||||
| 11,613 | 11,613 | |||
| 9 | Creditors: amounts falling | due within one year | ||
| 2023 | 2022 | |||
| £ | £ | |||
| Tax and national insurance | 942 | 1,023 | ||
| MET loan | 4,808 | 4,768 | ||
| 5,750 | 5,791 |
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JIREH COMMUNITY PROJECT TRUST Notes to the Accounts for the year ended 31 March 2023
| Creditors: amounts falling due after a year MET loan |
2023 2022 £ £ 3,781 8,510 |
|---|---|
10 Contingent assets – legacy income
As at 31 March the charity had not been notified of any legacy income or prospective legacy income.
11 Analysis of charitable funds Analysis of movements in unrestricted funds
| General fund Restricted funds Total |
Balance 1 April Income Expenditure Transfers 31 March 2022 2023 £ £ £ £ £ 30,505 49,093 (53,565) - 26,033 304,022- (19,119) - 284,903 |
|---|---|
334,527 49,093 (72,684) - 310,936 |
Purpose of the Funds
General fund - Unrestricted funds that can be expended at the discretion of the trustees in furtherance of the objects of the charity.
Restricted funds – Grants and donations received for the various building projects and associated building expenditure. This year includes grants received to cover employment expenditure under Job Retention Scheme.
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