REGISTERED CHARITY NUMBER: 1088146
Trustees' Report and
Unaudited Financial Statements for the Year Ended 31 March 2024
for
Eikoku Iesu No Mitama Kyokai
George Hay Partnership LLP Chartered Accountants Brigham House High Street Biggleswade Bedfordshire SG18 0LD
Eikoku Iesu No Mitama Kyokai
Contents of the Financial Statements for the Year Ended 31 March 2024
| Page | |||
|---|---|---|---|
| Review of the activities | 1 | ||
| Trustees' Report | 2 | to | 5 |
| Independent Examiner's Report | 6 | ||
| Statement of Financial Activities | 7 | ||
| Balance Sheet | 8 | ||
| Notes to the Financial Statements | 9 | to | 14 |
Eikoku Iesu No Mitama Kyokai
Review of the activities for the Year Ended 31 March 2024
The church has 2 chapels (one in London, UK and one in Tokyo, Japan). There is also one meeting place in San Francisco, USA; one in Switzerland; one in Spain; one in Portugal and one in Italy.
- In Japan there are 16 meeting places: Nagoya, Hakodate, Sapporo, Yokohama, Himeji, Kurayoshi, Takamatsu, Sado island, 2 in Osaka, 2 in Kochi and 4 in Tokyo (Shibuya, Kamata, Akikawa and Suginami).
76 (101 in 2023) people were baptised in this fiscal year.
The annual convention took place at the London church over the Easter weekend of 30 & 31 March 2024.
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Eikoku Iesu No Mitama Kyokai
Trustees' Report for the Year Ended 31 March 2024
The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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 2019).
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Eikoku Iesu No Mitama Kyokai
Trustees' Report for the Year Ended 31 March 2024
OBJECTIVES AND ACTIVITIES
Public benefit
In the year April 2023 to March 2024, pandemic restrictions on travel were lifted in Japan and in May and August four people from Japan and Germany came directly from the airport to the church for their baptisms. On 23 Oct four people, who had arrived from Paris 3 hours ago, came for their baptisms and on 31 Oct three people who were returning to Japan the next day came for their baptisms. On 12 Nov a lady flew to London, came to the church and prayed and flew back to Japan the next morning after less than 24 hours here. One of the 23 Oct people contacted us out of the blue on 2 Feb to say he has flown in from Japan with a friend who wishes to be baptised, so they both came to church that day and the friend was baptised, then they attended Sunday Service on 4 Feb. After Sunday Service on 11 Feb, a member of the congregation picked up her nephew and his friend upon their arrival at Heathrow airport and drove them straight to the church where they were both baptised. In this way people are travelling all the way to the London church for their baptism, even from the other side of the world.
The reverends were asked to go to Luxembourg by Ms S who walked around in pouring rain to find the rivers there. Revs Yoshiko and Megumi went from 30 Aug to 1 Sep and met a man who was travelling around Europe on motorbike from Germany and only in Luxembourg for 3 hours. After prayer, we accompanied him to his bike because he was worried it may have been stolen. It turned out to be safely where he left it against a wall, one minute from the river Ms S found. He was so overjoyed and eager to be baptised immediately that he changed into swimwear in the cover of nearby trees and became the first baptism in Luxembourg. We then had nice fellowship for the remainder of his 3 hours and he has been in touch since, saying his dream is to come to the London church.
In Japan on 8 Oct the first church service took place at the new Sapporo meeting place and prayer was done with all the congregation in that city. In July many baptisms were done at the meeting place in southern Osaka over 2 days and a church service was held there. In the spring a church member moved into a new house in north Osaka and decided to spend the summer renovating one floor of it with the interior of the London church as her inspiration and on 1 Oct the first church service was held there.
From 8 to 11 May, Rev Yoshiko flew to Tottori and the church member in charge of the Kurayoshi meeting place drove her from the airport. They stopped at 6 cities for people's prayers before arriving at Kochi, where the first church service at its 2nd meeting place was held. On 3 Feb Ms F, who fell into a coma after a stroke in Dec 2021 but miraculously regained consciousness in April 2022, sadly passed away. At her funeral Ms F's nephew said he would like to be baptised immediately, however it was getting late so an appointment was made for 17 March. Rev Yoshiko conducted his baptism and the family members who were attending said they saw Ms F standing with them and watching.
In the summer, Revs Satoshi and Yoshiko travelled every week to the meeting places in Nagoya, Sado, Osaka, Hakodate, Takamatsu and Kochi and there were baptisms at every place. The congregations in Nagano, Kyushu and Ashiya were also very active and the man who in Oct 2022 became the first baptism in Ashiya is now one of the most enthusiastic members and told us in Jan 2024 that he has been preaching the gospel to everyone he knows and one of them would like to be baptised.
From 2 to 4 July Rev Satoshi went to Sweden for the first time in 5 years, for the baptism of 2 people who had been waiting several months. From 20 to 23 Nov Revs Yoshiko and Megumi went to Gran Canaria for the first time since 2019 and reunited with the church member there, who is in his 80s. He is very actively preaching the gospel and 7 people of 6 nationalities were baptised. From 3 to 7 Sep the annual Portugal gospel trip took place and 7 people were baptised and 22 people prayed with us for the first time. In June a thanksgiving ceremony was conducted at Ms T's restaurant in Switzerland and there was a baptism. In September Rev Megumi and Ms T travelled by train from Switzerland to Como, Milan, Florence and into Pisa where a church service was held at the home of Ms M who was baptised a year ago. Two people were baptised and many people prayed with us, including three priests of the local church to whom Ms M requested, "Come in and meet my reverend". At the end of 2023 (having been in the UK, Japan and a handful of countries in Europe) we looked back on all the baptisms and the people we prayed with for the first time in this one year, and they made up a total of 52 nationalities from across 6 continents - a quarter of the world's nations.
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Eikoku Iesu No Mitama Kyokai
Trustees' Report for the Year Ended 31 March 2024
As always, closer to home we held great appreciation for our local community. The congregation come to us from far and wide, but the church's neighbours are always a precious constant and we are very grateful for the many and varied ways they help and support us. A neighbour had donated cake for a baptism on 5 Aug and a week later she met the church member from Scotland who comes to attend church once a month and told her, "I am always receiving blessings from being close by". Another neighbour wrote us a message, "I was deeply touched with your kindness and the prayer for me. I'm blessed with such wonderful and kind neighbours!". A local religious leader said to us on the street in Nov 2023, "You have done so much for us and we appreciate it very much". A neighbour, who is in daily contact with us, often says "May the church be blessed for ever". We look forward to serving our neighbourhood and indeed anyone around the world for many years to come.
Social investments
In accordance with the Trust Deed the Charity has the power to make any investments which the Trustees see fit.
FINANCIAL REVIEW
Reserves policy
The current level of free reserves, being the unrestricted funds not committed or invested in tangible fixed assets, is negative. The trustees have set a target level of free reserves of £180,000 which equates to 9 months of resources expended. This will enable the Charity to continue its current activities and allow it to respond quickly in the event of an emergency. The reserves policy will be reviewed annually.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Charity constitution
Eikoki lesu No Mitama Kyokai is governed by its charitable trust deed dated 1 July 2001.
Organisation
The Trustees meet on a regular basis throughout the year to adminster the Charity.
Risk management
The trustees have identified the major risks affecting the Charity and are taking necessary steps to monitor and control these risks to mitigate any impact they may have on the Charity in the future. The risks are reviewed on an ongoing basis.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1088146
Principal address
27 Valley Drive London NW9 9NJ
Trustees
Rev S Kawamura Rev Y Kawamura Rev M Kawamura Ms M Koshino (resigned 8.5.24) Mrs S Shikayama Ms M Mackie Mr R Tahara (resigned 26.11.23) Ms S Tsuruoka (appointed 25.11.23) Ms M D Kawamura (appointed 8.6.24)
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Eikoku Iesu No Mitama Kyokai
Trustees' Report for the Year Ended 31 March 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
George Hay Partnership LLP Chartered Accountants Brigham House High Street Biggleswade Bedfordshire SG18 0LD
Approved by order of the board of trustees on 10 December 2024 and signed on its behalf by:
Rev S Kawamura - Trustee
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Independent Examiner's Report to the Trustees of Eikoku Iesu No Mitama Kyokai
Independent examiner's report to the trustees of Eikoku Iesu No Mitama Kyokai
I report to the charity trustees on my examination of the accounts of Eikoku Iesu No Mitama Kyokai (the Trust) for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Richard Dilley FCA FCCA
George Hay Partnership LLP Chartered Accountants Brigham House High Street Biggleswade Bedfordshire SG18 0LD
23 December 2024
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Eikoku Iesu No Mitama Kyokai
Statement of Financial Activities for the Year Ended 31 March 2024
| 2024 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 173,882 EXPENDITURE ON Charitable activities 3 Charitable Activities 168,946 Other 41 Total 168,987 NET INCOME/(EXPENDITURE) 4,895 RECONCILIATION OF FUNDS Total funds brought forward 32,364 TOTAL FUNDS CARRIED FORWARD 37,259 |
2023 Total funds £ 142,447 170,876 54 170,930 (28,483) 60,847 32,364 |
|---|---|
The notes form part of these financial statements
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Eikoku Iesu No Mitama Kyokai
Balance Sheet 31 March 2024
| 2024 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 8 251,865 CURRENT ASSETS Debtors 9 18,253 Cash at bank 19,734 37,987 CREDITORS Amounts falling due within one year 10 (213,716) NET CURRENT ASSETS (175,729) TOTAL ASSETS LESS CURRENT LIABILITIES 76,136 CREDITORS Amounts falling due after more than one year 11 (38,877) NET ASSETS 37,259 FUNDS 13 Unrestricted funds 37,259 TOTAL FUNDS 37,259 |
2023 Total funds £ 251,906 1,575 7,036 8,611 (175,476) (166,865) 85,041 (52,677) 32,364 32,364 32,364 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 10 December 2024 and were signed on its behalf by:
Rev S Kawamura - Trustee
The notes form part of these financial statements
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Eikoku Iesu No Mitama Kyokai
Notes to the Financial Statements for the Year Ended 31 March 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
The depreciation rates in use are as follows:-
| Fixtures, fittings and equipment | 25% |
|---|---|
| Motor vehicles | 25% |
The freehold property has not been depreciated as the trustees consider the residual value to be higher than the written down value.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
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Eikoku Iesu No Mitama Kyokai
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
2. DONATIONS AND LEGACIES
| Donations, gifts and deed of covenants Gift aid 3. CHARITABLE ACTIVITIES COSTS Charitable Activities 4. SUPPORT COSTS Management £ Charitable Activities 53,040 |
2024 £ 141,465 32,417 173,882 Support Direct costs (see Costs note 4) £ £ 97,229 71,717 Governance Finance costs £ £ 12,885 5,792 |
2023 £ 128,237 14,210 |
|---|---|---|
| 142,447 | ||
| Totals £ 168,946 |
||
| Totals £ 71,717 |
5. TRUSTEES' REMUNERATION AND BENEFITS
The total trustees remuneration including pension contribution for 2024 was £36,715 (2022 - £36,220).
The total employee benefits including pension contributions of the key management personal were £12,752 (2023: £12,830).
The charity trustees were not paid or received any other benefits from employment with the charity in the year (2023 - £0). No charity trustee received payment for professional or other services supplied to the charity (2023 - £0)
The remuneration paid to the reverands represents a stipend for thier services as ministers for the church.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
6. STAFF COSTS
| Wages and salaries The average monthly number of employees during the year was as follows: Church minister |
2024 £ 36,715 36,715 2024 3 |
2023 £ 36,220 |
|---|---|---|
| 36,220 | ||
| 2023 3 |
No employees received emoluments in excess of £60,000.
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Eikoku Iesu No Mitama Kyokai
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
8.
| INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Charitable activities Charitable Activities Other Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD TANGIBLE FIXED ASSETS COST At 1 April 2023 and 31 March 2024 DEPRECIATION At 1 April 2023 Charge for year At 31 March 2024 NET BOOK VALUE At 31 March 2024 At 31 March 2023 |
Freehold property £ 720,316 482,521 - 482,521 237,795 237,795 |
Fixtures and fittings £ 59,035 44,924 41 44,965 14,070 14,111 |
Unrestricted fund £ 142,447 170,876 54 170,930 (28,483) 60,847 32,364 Motor vehicles Totals £ £ 15,953 795,304 15,953 543,398 - 41 15,953 543,439 - 251,865 - 251,906 |
|---|---|---|---|
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Eikoku Iesu No Mitama Kyokai
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
| 9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Bank loans and overdrafts (see note 12) Taxation and social security Other creditors 11. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR Bank loans (see note 12) 12. LOANS An analysis of the maturity of loans is given below: Amounts falling due within one year on demand: Mortgage Payable to trustees Amounts falling between one and two years: Mortgage - 1-2 years Amounts falling due between two and five years: Mortgage - 2-5 years 13. MOVEMENT IN FUNDS At 1.4.23 £ Unrestricted funds General fund 32,364 TOTAL FUNDS 32,364 |
2024 £ 18,253 2024 £ 15,551 3,010 195,155 213,716 2024 £ 38,877 2024 £ 15,551 192,785 208,336 15,551 23,326 Net movement in funds £ 4,895 4,895 |
2023 £ 1,575 2023 £ 15,050 2,973 157,453 |
2023 £ 1,575 |
|---|---|---|---|
| 175,476 | |||
| 2023 £ 52,677 2023 £ 15,050 155,251 |
2023 £ 52,677 |
||
| 170,301 | |||
| 15,050 | |||
| 37,627 | |||
| At 31.3.24 £ 37,259 |
|||
| 37,259 |
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Eikoku Iesu No Mitama Kyokai
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
13. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 173,882 173,882 |
Resources Movement expended in funds £ £ (168,987) 4,895 (168,987) 4,895 |
|---|---|---|
Comparatives for movement in funds
| At 1.4.22 £ Unrestricted funds General fund 60,847 TOTAL FUNDS 60,847 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 142,447 TOTAL FUNDS 142,447 |
Net movement At in funds 31.3.23 £ £ (28,483) 32,364 (28,483) 32,364 Resources Movement expended in funds £ £ (170,930) (28,483) (170,930) (28,483) |
|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Net movement At 1.4.22 in funds £ £ 60,847 (23,588) 60,847 (23,588) |
At 31.3.24 £ 37,259 |
|---|---|---|
| 37,259 |
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Eikoku Iesu No Mitama Kyokai
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
13. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 316,329 316,329 |
Resources Movement expended in funds £ £ (339,917) (23,588) (339,917) (23,588) |
|---|---|---|
14. RELATED PARTY DISCLOSURES
Trustees have lent the charity £192,785 (2023: £155,251). There are no donations from relates parties which are outside the normal course of business and no restricted donations from related parties.
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