Registered number: 4047907 Charity number: 1088614 JESUS HOUSE FOR ALL NATIONS (A Company Limited by Guarantee) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) CONTENTS Page Reference and Administrative Details of the Charity. its Trustees and Advisers Trustees. Report Independent Auditor's Report on the Financial Statements Consolidated Statement of Financial Activities 9- 11 12 Consolidated Balance Sheet 13-14 Charity Balance Sheet Consolidated Statement of Cash Flows 15-16 17 Charity statement of Cash Flows Notes to the Financial Statements 18 19-49
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2024 Trustees and Key Management Personnel Dr Olushola Adeaga. Trustee. Chief Operating Officer and Executive Pastor Mr Nims Obunge. Trustee Mr Olubunmi Toyobo, Trustee Mrs Alero Ayida-otobo. Trustee Company registered number 4047907 Charity Registered Number 1088614 Registered Office 112 Brent Terrace Brent Cross London NW2 1LT Company Secretary Samuel Sijuvtsde Chief Executive Officer Pastor Agu Irukwu and Senior Pastor Independent Auditors Blue Spire Limited caeY Priory South Pallant Chichester West Sussex P019 1SY Bankers Lloyds Bank 50 Notting Hill Gate London W11 3JD Barclays Bank PLC P O Box 4599 London SW3 1XE Solicitors Wellers Law Group Tenison House Tweedy Road Bromley Kent BR13NF Page 1
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 REPORT OF THE TRUSTEES The Trustees, tho are also Directors for the purpose of Company Law. are pleased to present the annual report for the purposes of Charities Act 2011 and sections 415 to 419 of the Companies Act 2006, together the accounts for the period ended, 31 st December 2024. The Trustees have adopted the updated provisions of the Statement of Recommended Practice (SORP) °Accounting and Reporting by Charities. (FRS 102), in preparing the annual report and financial statements of the Charity- STRUCTURE GOVERNANCE AND MANAGEMENT Jesus House for all nations {referred to as the organisation or the charity hereafter) is a private charitable company limited by guarantee. incorporated on 4th August 2000. and registered as a charty on 27th September 2001. It has a non-charitable subsidiary company. New Dimensions Trading Limited. It is governed by its Memorandum and Artides of Association and is managed by the Board of Trustees. Decisions are made by a simple majorty vote by the Trustees set the strategic direction of the Charity. Trustees are selected based on the contributions they will make to the governance of the organisation, and the skills they possess. They are provided with copies of the Charity Commission's Guidance. Additional information and training are also provided as at en required. Delegated authority has been given to the Senior Pastor and Leadership Team for the day-to-day running of the operations of the Charity. OBJECTIVES AND ACTIVITIES The Charity's objectives are.. "The advancement of the Christian religion worldwide... "The relief of povety worldwide." These objectives are charitable and operate ftjr the public's benefit. The charity pursues these objectives via its mission statement {In Pursuit of God. Discovering purpose, Maximising Potential and Impacting lives) from its premises at 112 Brent Terrace, Brent Cross, London. The Charity's main objective for the year is-. To continue to strengthen its foundations and reposition the local church for the future through the re- engineering project and technology which is aimed at improving organisational and operational effectiveness and efficiency to enable the charity to maximise its impacL STRATEGIES We conduct annual reviews of our aims, objectives, and activities to evaluate our perfomiance and impact over the preceding 12 months. This review assesses the success of our key initiatives, and the tangible benefits delivered to the target groups we are established to support. Additionally, the review ensures that our aims, objectives. and activities remain aligned with our stated charitable purposes. In carrying out this rewew and planning for fLrture activities, the trustees have drawn upon the Charity Commission's general guidance on public benefit. Particular consideration is given to how each planned activity 11 contribute meaningfully to the achievement of our strategic goals. The Charity's strategy for achieving the above objective is implemented through a number of significant activities, some of which are OLrtlined below. The annual flagship events and activibes organised (during the year) are in line wth the charitable Page 2
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 objectives to promote the Christian faith and help the less privileged and disadvantaged within the local and international community- These include.. The Mandate Men's Ministry Conference. The Uncommon Woman's Conference The Christmas Lunch on Jesus. which is an annual community centered project that provides familieslpeople in need in the Borough wth a Christmas Hamper. b} d} The Londrina Jesus House for all nations Community Action Project in Brazil which started in 2010 wth the Rehabilitation of ex-offenders at the stste-run Londrina Prison Parana and the current renovation of a community centre. There are over 650 volunteers, support and make an invaluable contribLrtion to the operations of the Charity. Some of the key teams include.. Youth Teams Prison's Ministry Kidz First Junior Church Tribe of Judah {Music) Community Action Prayer Church Social Responsibilty Welfare Men's Ministry Esther's Women's Ministry Abigail's Court Francophonie Church Information Technology Tight knots (The Marriage Ministry) Treasury Team ACHIEVEMENTS AND PERFORMANCE FOR THE PUBLIC BENEFIT The year 2024 witnessed the aftemiath of a gradual decline in the impact of the global economic crisis ('cost of living crisis'l that plagued the wodd from late 2021 to 2023, characterised by the cost of everyday essentials, such as food and utilities, rising much faster than average household incomes. This created a challenging and difficult year for many people. Despite these challenges, the Charity found innovative ways to fulfil its objectives, provide services, and host events. In response to the crisis, the organisation set up a Cost-of-Living Crisis Appeal Fund in 2022 and continued this initiative in 2023 and 2024 to assist its most vulnerable members. This fund has been instrumenlal in providing much-needed support during these trying times. The Charity, through its teams ments-oned above. organised acts'vrties. events. and meetings to promote its objectives. The Charity continued to provide invaluable financial and administrative support to the Festival of Life prayer event held bi-annually in London and in other regions in the United Kingdom. The Charity continues to provide substantial financial support to other charities (locally, nationally, and internationally) operating within i(s objectives especially during the global economic crisis and its aftermath. Furthermore, the financial allocation for each year is approved by the Board of Trustees, while the disbursement to various charities is approved by the Management Team. The Araunah Response Team {ART) an initiative to meet the needs of the most vulnerable in our community - especially those wth no recourse to statutory and regular provisions that was set up in 2020 continued to assist members in 2024. It provided practical and financial assistance to members and the local Page 3
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 community who are finding it difficult to make ends meet during this period after a global crisis. The Colindale Food Bank (part of The Trussell Trust), a food distribution seNice continued to experience a sharp increase for its services for those in need wthin the Borough.. With local and national donations, it was able and continues to meet the needs of most of the people that required that seNice and support. The organisation also supported the House of Wells, a Non-Profit Organisation (NPO) registered in the United Kingdom {Reg no. 1133474) and in South Africa {074732 NPO).wthich exists to restore hope. dignity and release the potential of children and youth in Africa Yth a grant of £1500. Good Shephard, a charity outside of the UK also benefited from the support wth a grant of £4800. The World Evangelism Mission Nthich seeks to support missionaries worlthde was given a grant of £30,000. The RCCG Central Office which 15 the central headquarters hub was given a grant of £35,000. In 2024, the organisation, as part of its Corporate Social Responsibility (CSR) programme, continued to collaborate with other charities aligned wth its mission to promote Christian values and humanitarian outreach. The grants were allocated as follows= Open Doors UK - A charity dedicated to serving persecuted Christians around the world, wth a core mission to support believers facing persecution and to strengthen what remains. Jesus House supported Open Doors UK wth a grant of £2500. Christian Voice UK - A faith-based organisation committed to praying for national repentance, advocating for godly governance, and stsnding for the Crown Rights of King Jesus. Jesus House provided a grant of £3000 in support of this mission. Good Faith Foundations This charty partners with various organisations to bring positive change to individuals and communities. Jesus House awarded a grant of £5000 to support its ongoing efforts. Wintershall An organisation committed to advancing the Christian faith through high-quality dramatic presentations, reaching people of all faiths and none. Jesus House supported Wintershall wth a grant of £3000. In 2024, the organisation extended financial support to several charitable causes and initiatives in alignment wth its mission and values. The folloving grants were disbursed.. Simplicity Records- £2000. Bethel Francophone Church- £2000. Richmond Group Retreat- £600. PSJ UK- £1000. In addition, the organisation provided support to other parishes within the Redeemed Christian Church of God (RCCG} Neknrk in the United Kingdom, contributing to their growth, outreach, and community-focused initiatives with a total grant of £25.500. These contributions reflect the organisation's continued commitment to strengthening the body of Christ and supporting faith-ba5ed projects that make a meaningful impact. During the challenging years from 2021 to 2023 of the 'cost of living crisis,, millions of people experienced financial hardship both nationally and globally. In response, the organisation hosted a series of financial seminars, such as "CREATING A BUSINESS STRATEGY." to empower its members and attendees. This event, organised by the Kingdom Treasurer's Team, took place on the 23RD of March 2024. Another session was held on ENTREPRENEURSHIP AND STRATEGY on the 10th of November 2024. These seminars were designed to provide valuable financial insights and strategies, helping individuals navigate through tough economic times and build more secure financial fLrtures. The organisation held one of its flagship events, the Uncommon Woman Conference IUWC) between the 8th and 9th of March 2024 with the theme.. "ARISE- LIVING IN HIS WISDOM. As it was a hybrid event, it gave men the opportunity to attend what is typically an event for Yrnen and was a great opportunity for seasoned Page 4
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 speakers to motivate. impact and encourage YKJmen and men during an incredibly challenging period in human history. The Francophonie ami of the organisation hosted a French speaking version of the above event called the 'Cofevert Women Conference, on the 22ND and 23RD of November 2024. The organisation also takes a keen interest in upholding family values by hosting events for married couples throughout the year such as the Marriage Enrichment Event held on Saturday. 4th May 2024. This event provided an opportunity for married couples to enhance their marital relationship during a period where there was an increase in domestic violence abuse and divorce. The objective of the event was to 'see couples build Christ- entred marriages that will last a lrfetime, be a light to the world and leave a legacy for future generations., The organisation also hosted one of its flagship events. the annual 'Pursuit of God,, from the 1 st to 21 st June of 2024 with the theme.. Prayers that move Mountains. The sessions were open to all who want to seek a deeper understanding and relationship with God. In addition to the above event. it was the second time that the organisation hosted a national event in London called the Altar on Friday, 28th June 2024. This gave members, guests and members of the public the opportunity to worship God and declare London for Jesus. aligning wth rts core objective. The Altar was a significant milestone for the organisation. furthering our mission to foster spiritual growth and community engagement. The organisation's Men's ministry continued to hold its monthly meetings, where men are encouraged to grow in every area of their lives (to name a few.. in faith, family. finance. and to be good role-models in society etc). It also hosted another flagship event for the men -"The Mandate Men's Conference. with the theme.. 'THE IDENTITY BLUEPRINT - BUILDING A LIFE OF INTEGRITY AND PURPOSE" on the 7th - 9th of November 2024. The conference was dedicated to celebrating and develop men into men of influence who wll be the best husbands, fathers, and leaders God has called them to be in today's complex world. The sessions challenged delegates to grow spiritually, emotionally, and practically. The workshops and teachings were specifically tailored to the needs and issues relevant to men. The event was also opened to women to attend as it was streamed LIVE. The organisation continued one of its renowned Christmas activities namely, Christmas Lunch on Jesus beeen the 16th and 21st December 2024. This activity was of immense benefit to the public both locally and nationally especially followng the aftemath of a global economic crisis. The organisation ended the year wrth a series of Christmas servrces such as the Christmas Carol, Christmas Day Service and the New Year Eve seNices. This was to share the good news of the gospel with its local community. After three years of a global pandemic and hosting events virtually. the above-mentioned events and activities have resumed and continued tsking place physically on-site. These initiatives have significantly contributed to and transformed lives. resulting in an improved quality of life. Other notable activities and events include outreach programs such as 'Angel Tree,. where children of inmates are given Christmas presents, and the 'Spreading Christmas Cheer, outreach, which provided free hot drinks and mince pies to commuters at local tube stations. These programs have been instrumental in fostering community spirit and support. In 2024, the organisation had the privilege of celebrating thirty years of impacfful existence and one of the key highlights marking this milestone was the 30 Days Turnaround Prayers from January 15th to February 13th 2024, which served as a significant expression of thanksgiving and spiritual reflection during the anniversary celebrations. Page 5
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 In addition to the Turnaround prayers, other prayer initiatives at Jesus House for the benefit of members and the public in 2024 include-. Rainbow prayers on Tuesdays - Time to Pray virtual meetings every Monday to Friday from 6:00 to 7'.00AM. Prayer Bootcamp.. Earfy morning prayers for young adults held on 11th May, 13th July, and the 21st December 2024 from 6:00 to 9.'OOAM. In accordance Yth legal and compliance obligations in 2024. the organisation implemented the following best practices to enhance safeguarding efforts= Comprehensive Safeguarding Training for Volunteers and Staff. We successfully trained three cohorts, totalling 120 staff and volunteers, to ensure they were well-equipped to manage safeguarding responsibilities effectively. The Trustees assess the success of Jesus House's activities in fulfilling its charitable objectives through both qualitative and quantitative measures. Key indicators used to evaluate impact include= Spiritual engagement.. attendance, parbcipation, and testimonies from worship services, conferences, and outreach programmes. Community impact.. the reach and outcomes of social action initiatives, mentoring schemes, and welfare support projects. Leadership development.. participation in discipleship. training. and volunteer programmes that equip individuals for service wthin and beyond the church. Digital reach.. online attendance. engagement metrics. and media outreach impact. Stewardship effectiveness: efficient use of resources and delivery of objectives wthin approved budgets. These measures enable the Trustees to confimi that all activities continue to advance the mission of Jesus House - to inspire faith, strengthen families, and transform communities. RISK MANAGEMENT The Trustees have conducted a review of the major risks which the Charity is exposed to. A risk register has been created which identifies the major risks by different areas of activities: the nature of these risks, the likelihood of these risks happening, and the measures taken to manage them. The Trustees review the risk register regularly at their meetings and are satisfied that there are safe systems in place to manage the risks that have been identified. Insurance covers are in place and the finances of the Charity are kept under review. Where appropriate, systems have been created to mitigate the risks the Charity faces. A significant external risk to funding has led to the development of a strategic plan vthich ha5 allowed for the diversification of funding and activities. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures have been put in place to ensure compliance with health and safety of members of staff, volunteers. clients, and visitors to the Charity. FINANCIAL REVIEW The Charty's principal funding source continues to be donations from the individuals who attend the services and various events held throughout the year as well as grants for specific communty projects. RESERVES POLICY As at 31 December 2024, the reserves were £1,522,971. The Trustees consider it prudent to maintain a level of Page 6
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 free reserves equivalent to between one to three months of core operating costs, (currently estimated at £750,000), in order to.. Provide working capitsl to support operational activities., Ensure Gontinuity of programmes in the event of unexpected shortfalls in income., Meet contractual obligations and unforeseen expenditure. The Trustees regularly review the level of reserves in light of the charity's financial position, future plans, and risk profile. Any reserves held above the target range are reviewed and designated for specific strategic initiatives, including programme expansion, infrastructure development. or strengthening organisational capacity. The Trustees are satisfied that the current level of reserves is appropriate for the scale and complexity of the organisation and are committed to managing resources prudently and transparently. GRANT MAKING POLICY Jesus House provides grants and financial support to partner ministries. and charitable organisations whose work aligns with the church's mission of advancing the Christian faith, supporting community development, and responding to humanitarian needs. Grants are awarded to further the charit5 objectives including evangelism, education, relief of povety, and social transformation. The Trustees consider grant applications and recommendations based on: Alignment with the church's spiritual and community mission- Demonstrated impact and accountability of the proposed actiwty" and The availability of funds and stewardship principles. All grants are approved in accordance with delegated authority levels set by the Trustees, and monitoring procedures are in place to ensure that funds are applied effectively and solely for charitable purposes. REMUNERATION POLICY FOR KEY MANAGEMENT PERSONNEL The Trustees have established clear arrangements for setting the pay and remuneration of key management personnel. Remuneration levels are reviewed periodically and approved by the Trustees, tsking into account.. The scope and responsibilities of each role., Benchmarking data from comparable churches. faith-based charities, and nonprofit organisations of similar size and complexity., The need to attract and retsin individuals viith the necessary spiritual, professional, and leadership expertise., and - The church's commitrnent to prudent financial stewardship and the advancement of its charitable objectives. The Trustees are satisfied that the remuneration arrangements for key management personnel are fair, Page 7
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 proportionate. and consistent Jesus House's values of integty. accountabilty. and servi. PLANS FOR FUTURE PERIODS The Charty continues to explore ways of furthering its charitable objectives in an effective manner by ensuring there is an awareness of its servIs, and they are proactively seeking opportunities to be more involved in the community. The Charity seeks to provide services and activities that meet the needs of people in the community. These activities provide a positive change in the moral and spirrtual climate of the local borough which reflects the charity's Christian ethos and beliefs. TRUSTEES RESPONSIBILITIES STATEMENT The Trustees, who are also Directors for the purpose of Company Law, are responsible for preparing the Trustees, Report and the Financial Statements in accordance wth applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice). Company law requires the directors to prepare financial statements for each financial year which gives a true and fair view of the situation of the company and of the profit or loss of the company for that period. In preparing the financial statements, the directors are required to.. select suitable accounting policies and apply them consistently. make judgements and estimates that are reasonable and prudent. prepare the financial statements on a regular basis. unless it is inappropriate to presume that the ompany wll continue in business. state thether applicable United Kingdom Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements. Observe the methods and principles in the Charities Statement of Recommended Practice {SORP). The Trustees are responsible for keeping proper accounting records which discloses with reasonable accuracy at any time,. the financial position of the company and it also enables them to ensure that the financial statements omply wth the Companies Act 2006. Furthemiore, they are also responsible for safeguarding the assets of the company and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. Thus far as the Trustees are aware= there is no relevant audit infomiation ofvthich the company's auditors are unaware of- and The Trustees have taken the necessary steps to make themselves aware of any relevant audit information and have established that the auditors are aware of such information. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's (i.e., organisation's) website. Legislation in the United Kingdom goveming the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Approved by order of the members of the board of Trustees and signed on their behalf by= Dr Olushola Adeaga Director Date.. 30 October 2025 Page 8
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF JESUS HOUSE FOR ALL NATIONS Opinion We have audited the financial statements of Jesus House For All Nations (the 'parent charitable company,) and its subsidiaries (the 'group') for the year ended 31 December 2024 which comprise the Consolidated Statement of Financial Activities, the Consolidated Balan Sheet. the Charity Balance Sheet, the Consolidated Statement of Cash Flows, the Charity Statement of Cash Flows and notes to the financial ststements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards. including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practi). In our opinion the financial statements- give a true and fair view of the state of the group's and parent charitable company's affairs as at 31 December 2024, and of the group's incoming resources and application of resources, including its income and expenditure, for the year then ended.. have been properly prepared in accordance vAth United Kingdom Generally Accepted Accounting Practice; and have been prepared in accordance wth the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance Yth International Standards on Auditing {UK} IISAS (UKI) and applicable law. Our responsibilities under those stsndards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the group and parent charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and vrfe have fulfilled our other ethical responsibilities in accordance wth these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements. we have concluded that the trustees. use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively. may cast significant doubt on the group and parent charitable company's ability to continue as a going concern for a period of at least Melve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Other infomiation The other information comprises the information included in the trustees, report other than the financial statements and our auditorfs report thereon. The trustees are responsible for the other infomiation. Our opinion on the financial statements does not cover the other infomiation and, except to the extent otherwise explicitly stated in our report, we do not express any fomi of assurance conclusion thereon. Our responsibility is to read the other infomiation and, in doing so. consider ether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwse appears to be materially misstated. If identify such material inconsistencies or apparent material misstatements. we are required to determine vthether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information. we are required to report that fact. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the trustees, report. which includes the directors, report prepared for the purposes of Page 9
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF JESUS HOUSE FOR ALL NATIONS company law, for the financial year for which the financial statements are prepared is consistent with the financial statements., and the directors, report included wthin the trustees, report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of the knoedge and understanding of the group and parent charitable company and its environment obtained in the course of the audit. we have not identified material misststements in the Istrategic report or thel directors, report. We have nothing to report in respect of the following matters in relation to vthich the Companies Act 2006 requires us to report to you if, in our opinion= adequate accounting records have not been kept by the parent charitable company, or returns adequate for our audit have not been received from branches not visited by us., or the parent charitable company's financial statements are not in agreement vAth the accounting records and returns., or certain disclosures of trustees, remuneration specified by law are not made., or we have not received all the information and explanations we require for our audit., or the trustees were not entitled to [prepare the financial statements in accordance with the small companies, regime and take advantage of the small companies, exemptions in preparing the directors, report and from the requirement to prepare a strategic report. Responsibilities of trustees As explained more fully in the trustees, responsibilities ststement, the trustees (who are also the directors of the parent charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement. whether due to fraud or error. In preparing the financial statements. the trustees are responsible for assessing the group and parent charitable ompany's ability to continue as a going concem, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or parent charitable company or to cease operations, or have no realistic altemative but to do so. Auditor's responsibilities for the audit of the financial ststements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, ether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance wth ISAS (UK) wll always detect a material misstatement en it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to vthich our procedures are capable of detecting irregularities, including fraud is detailed below.. Based on our understanding of the Charity and the sector in which it operates. we identified the principal laws and regulations that directly affect the financial statements to be the Charities Act, Companies Act, and Employment Act. We assessed the extent of compliance wth these laws and regulations as part of our procedures on the related financial statement items. In addition, the Charity is subject to many other laws and regulations where the consequences of noncompliance ould have a material effect on amounts or disclosures in the financial ststements, for instsnce through the imposition of fines or litigation. There is a limitation to areas most likely to have such an effect. Auditing standards limit the required audit procedures to identify non-compliance wth these laws and regulations to Page10
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF JESUS HOUSE FOR ALL NATIONS enquiry of the Trustees and other management and inspection of regulatory and legal correspondence if any. Audit procedures perfomied by the engagement team included: Enquiry of management, those charged wth governance around actual and potential litigation and claims., Enquiry of entity staff to identify any instances of non-compliance with laws and regulations., Reviewing minutes of meetings of those charged governance., Reviewing financial statement disclosures and testing to supporting documentation to assess compliance th applicable laws and regulations. Performing audit work over the risk of management override of controls, including testing of joumal entries and other adjustments for appropriateness. evaluating the business rationale of significant transactions outside the normal course of business and revieing accounting estimates for bias. Because of the inherent limitations of an audit. there is a risk that V wll not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance wth regulation. This risk increases the more that compliance a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregulartties occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion. omission or misrepresentation. further description of our responsibilities available on the FRC'S website at.. https'.Ilwww.frc.org.uklauditorslaudit-assurancelauditor-s-responsibilities-for-the-audit-of-the-fildescription-of-the- auditor % E20h800h99s-responsibilities-for. This description fomis part of our auditor's report. Use of our report This report is made solely to the charitable company's members, as a body, in accordance wth Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable ompany's members those matters we are required to stste to them in an auditorfs report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitsble company and the charttable companls members as a body. for our audit work, for this report, or for the opinions we have fomied. Geofftey Frost BSc{Hons) FCA (Senior SL*utory Auditor) for and on behalf of Blue Spire Limited (Statutory Auditors) Cawley Priory South Pallant Chichester West Sussex P019 1SY 30 October 2025 Page11
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestricted funds 2024 Restricted funds 2024 Total funds 2024 Total funds 2023 Note Income from: Donations and legacies Charitable activities Other trading activities Investments 3.456.729 219,3fA 450 7.282 317,670 180,004 3,774,399 399.368 450 7,282 4,237, 123 385, 850 300 1,019 Total income 3.683.825 497,674 4,181,499 4, 624,292 Expenditure on: Raising funds Charitable activities 43,969 4.058,589 43,969 4,491,726 31,419 4,213, 165 433,137 Total expenditure 4,102,558 433,137 4,535,695 4, 244, 584 Net (expenditure)fincome before taxation 1418,733) (26.668) 64,537 {354,196 (26,668 379, 708 (20,619) Taxation 14 Net movement in funds (445,401) 64,537 (380,864 359, 089 Reconciliation of funds: Totsl funds brought forward Net movement in funds 22 1.968.372 1445,401) 2,220,852 64,537 4,189,224 {380,864 3, 830, 135 359, 089 Total funds carried forward 22 1.522.971 2,285,389 3,808,360 4, 189,224 The Consolidated Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 19 to 49 form part of these financial statements. Page 12
JESUS HOUSE FOR ALL NATIONS (A Company Limited by Guarantee) REGISTERED NUMBER: 4047907 CONSOLIDATED BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Note Fixed assets Tangible assets Investment propety 15 200,651 2.650.000 126,364 2, 650, 000 16 2,850,651 2, 776,364 Current assets Stocks 18 30,848 500,748 1,138,329 30, 848 795, 987 1, 156, 165 Debtors Cash at bank and in hand 19 1,669.925 1, 982, 994 Current liabilities Creditors.. amounts falling due vthin one year 20 {712,216) (570, 134) Net current assets 957,709 1,412,860 Total assets less current liabilities 3,808,360 4, 189,224 Net assets excluding pension asset 3,808,360 4, 189,224 Total net assets 3,808,360 4, 189,224 Page13
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) CONSOLIDATED BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2024 2024 2023 Note Charity funds Restricted funds.. Restricted funds 22 2,285,389 2, 220,852 Total restricted funds 22 2,285,389 2, 220,852 Unrestricted funds General funds 22 1,522,971 1,968,372 Total unrestricted funds 22 1,522,971 1,968,372 Total funds 3,808,360 4, 189,224 The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordan with the provisions applicable to entities subject to the small companies regime. The financial ststements were approved and authorised for issue by the Trustees and signed on their behalf by.. Dr Olushola Adeaga (Trustee) Date.. 30 October 2025 The notes on pages 19 to 49 form part of these financial statements. Page 14
JESUS HOUSE FOR ALL NATIONS (A Company Limited by Guarantee) REGISTERED NUMBER: 4047907 CHARITY STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2024 2024 2024 2023 2023 Note Fixed assets Tangible assets Investments Investment property 15 200,651 126,364 17 16 2,650,000 2, 650,000 Fixed Assets Current assets 2,850,652 2, 776,365 Debtors Cash at bank and in hand 19 791,737 1,136,861 1, 043,562 1, 154, 636 Current Assets Current liabilities 1,928.598 2, 198, 198 Creditors.. amounts falling due vthin one year 20 {705,384) (563,352) Net current assets 1,223.214 1, 634, 846 Total assets less current liabilities 4,073,866 4,411,211 Net assets excluding pension asset 4,073,866 4,411,211 Total net assets 4,073,866 4,411,211 Page15
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) CHARITY STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 DECEMBER 2024 2024 2024 2023 2023 Note Charity funds Restricted funds.. Restricted funds 22 2,285,389 2, 220,852 Total restricted funds 22 2,285,389 2, 220,852 Unrestricted funds General funds 22 1,788,477 2, 190,359 Total unrestricted funds 22 1,788,477 2, 190,359 Total funds 4,073,866 4,411,211 The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordan with the provisions applicable to entities subject to the small companies regime. The financial ststements were approved and authorised for issue by the Trustees and signed on their behalf by.. Dr Olushola Adeaga (Director) Date.. 30 October 2025 The notes on pages 19 to 49 form part of these financial statements. Page 16
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Cash flows from operating activities Net cash used in operating activities (380,864 359, 089 Cash flows from investing activities Decrease or (increase) in debtors Increase or (decrease) in creditors Depreciation and impaimient of tangible fixed assets Purchase of tangible fixed assets 295,233 142,082 72.686 (146,973} (3, 786) (115, 922) 44,8T5 (19,117) Net cash provided byl{used in) investing activities 363,028 (93,950) Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year (17,836) 1,156,165 265,139 891,026 Cash and cash equivalents at the end of the year 1.138.329 1,156,165 The notes on pages 19 to 49 fom) part of these financial statements Page 17
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) CHARITY STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Cash flows from operating activities Net cash used in operating activities (337,345 390, 208 Cash flows from investing activities Decrease or (increase) in debtors Increase or (decrease) in creditors Depreciation and Impairment of tangible fixed assets Purchase of tangible fixed assets 251,825 142,032 72.686 (146,973} (34, 320) (116, 520) 44,8T5 (19,117) Net cash provided byl{used in) investing activities 319,570 (125,082 Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year (17,775) 1,154,636 265,126 889,510 Cash and cash equivalents at the end of the year 1.136.861 1, 154,636 The notes on pages 19 to 49 fom) part of these financial statements Page18
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 General inforniation Jesus House is an incorporated charity. limited by guarantee. incorporated in England with the company number 4047907. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charty. The address of the registered office is given in the charity information page of these financial statements. The nature of the chariVs operations and principal activities are outlined in the trustees. report. Accounting policies 2.1 Basis of preparation of financial statements The financial statements 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 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective 1 January 2019). the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The charity constitutes a public benefit entty as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities= Statement of Recommended practi applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Stsndard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice. The financial statements are prepared on a going concem basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otheiSe stated. The Consolidated Statement of Financial Activits'es (SOFA) and Consolidated Balance Sheet consolidate the financial statements of the Charty and its subsidiary undertaking. The results of the subsidiary are consolidated on a line by line basis. The Charity has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of Financial Activities in these financial statements. Page19
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies (continued) 2.2 Consolidation The results of the charitys tholly owned subsidiary (New Dimensions Trading Limited) are consolidated on a line by line basis vrith any intragroup balances and transactions eliminated in full. Jesus House owns 100% of the ordinary share capital of the subsidiary who shares the same registered office. The charty and its subsidiary have a unifomi reporting date and reporting period. Where necessary, appropriate adjustments are made to the subsidiary's financial ststements for differences in accounting policies as part of the consolidation process. The charity has taken advantage of the concession which allows tt to publish only a consolidated statement of financial activities rather than one for the charity alone. The charity had total income of £4,181,049 {2023.' £4,623,992), totsl expenditure of £4,518,394 (2023= £4,233,784) and a deficit of £337,345 (2023.. surplus of £390.208) for the year under review. New Dimensions Trading Limited is exempt from the requirements of Companies Act 2006 relating to the audit of its individual accounts by virtue of sections 477 and 479A. Page 20
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies (continued) 2.3 Income All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legally entided to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income wll be received. For donations to be recognised the tharity wll have been nottfied of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of perfomiance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is wthin the control of the charity and it is probable that they wll be fulfilled. Income from trading activities includes income generated by the charity's trading subsidiary. Income is received in exchange for supplying goi)ds and services in order to raise funds and is recognised when entitlement has occurred. Income from govemment and other grants are recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred. Grants are included in the Consolidated Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. Where the donated good is a fixed asset, tt is measured at fair value, unless it is impractical to measure this reliably, in which case the cost of the item to the donor should be used. The gain is recognised as income from donations and a corresponding amount is included in the appropriate fixed asset class and depreciated over the useful economic life in accordance wth the Company's accounting policies. On receipt, donated professional ServIS and facilities are recognised on the basis of the value of the gift to the Company which is the amount it would have been willing to pay to obtain services or facilities of equivalent economic benefrt on the open market- a corresponding amount is then recognised in expenditure in the period of receipt. Income tax recoverable in relab'on to donations received under Gift Aid is recognised at the time of the donation. Page 21
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies (continued) 2.4 Expenditure All expenditure is accounted for on an accrual basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parbes, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the followng headings.. Costs of raising funds,. which includes the costs of the charity's trading subsidiary. Expenditure on charitable activities- vthich includes costs in furtherence of the charity's objects and costs to support those activities. Grants payable to third parties are wthin the charitable objectives. Where unconditional grants are offered, this is accrued as soon as the recipient is notified of the grant, as this gives rise to a reasonable expectstion that the recipient wll receive the grants. Where grants are conditional relating to performance then the grant is only accrued when any unfulfilled conditions are outside of the control of the charity. Support cost allocation.. Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs. governance costs, administrative payroll costs. They are incurred directly in support of expenditure on the objects of the charity and include project management. Where support costs cannot be direcdy attributed to particular headings they have been allocated to expenditure on charitable activities on a basis consistent with use of the reSoUrs. Governance costs. Governance costs comprise the costs associated Vth the govemance arrangements of the charity and include audit fees. legal advice (if any) for trustees, costs associated wth constitutional and statutory requirements and any costs associated wth the strategic as opposed to the day to day management of the charity's assets. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Group's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 2.5 Operating Leases Total future minimum lease payments under non-cancellable operating leases are as follows.. Buildings Cars Photocopier 2024 2023 2024 2023 2024 2023 150,000 37,500 10.425 20,192 5,601 5,601 37,500 3,678 10,425 933 5,601 3,678 933 Less than 1 year More than 1 year less than 2 years More than 2 years less than 5 years Page 22
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies (continued) 2.6 Taxation The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. 2.7 Tangible fixed assets and depreciation Tangible fixed assets. with an individual purchase price of £2,000 or more, are ststed at cost less accumulated depreciation and accumulated impaimient losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Investments are recognised initially at fair value which is nomially the transaction price excluding transaction costs. Subsequently. they are measured at fair value vth changes recognised in 'net gains l (losses) on investments. in the SOFA. Fixed asset investments comprise a property held on long lease which is stated at the trustees, estimate of market value. Depreciation is provided on all tangible fixed assets. at rates calculated to write off the cost, less estimated residual value, of each asset on a systemats'c basis over its expected useful lrfe as follows= Motor vehicles Fixtures and fittings Office equipment 25% Straight Line 200kn Reducing Balance 25% Reducing Balance 2.8 stock Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Provision is made for damaged, obsolete and slow-moving stock where appropriate. 2.9 Investments Fixed asset investments are a fomi of financial instrument and are initially recognised at their transaction cost and subsequendy measured at fair value at the Balance Sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised. are combined and presented as 'Gainsl(Losses) on investments, in the Consolidated Statement of Financial Activities. Investments in subsidiaries are valued at cost less provision for impaimient. Page 23
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies (continued) 2.10 Stocks stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. 2.11 Debtor5 Debtors no stated interest rate and receivable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure. 2.12 Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. 2.13 Liabilities and provisions Creditors with no stated interest rate and payable wthin one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure. Liabilities are recognised at the amount that the Charity anticipates it w711 pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Consolidated Statement of Financial Activities as a finance cost. 2.14 Financial instwments The Group 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 loans which are subsequently measured at amortised cost using the effective interest method. 2.15 Pensions When employees have rendered SeiCe to the charity. short-temi employee benefits to which the employees are ented are recognised at the undiscounted amount expected to be paid in exchange for that service. The charity operate5 a defined contribution plan for the benefit of its employee5. Contribution5 are expensed as they become payable. Page 24
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies (continued) 2.16 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charty and which have not been designated for other purposes. Restricted funds are funds 1¢h are to be used in accordance specific restrictions imposed by donors or raised by the charity for particular purposes. The cost of raising and administering such funds is charged against the specific fund. The aim and use of each restricted fund are set out in the notes to the financial statements. Investment income, gains and losses are allocated to the appropriate fund. 2.17 Going Concem The consolidated financial statements have been prepared on a going concem basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient wth the level of reserves for the charity to be able to continue as a going concern. Page 25
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Income from donations and legacies Unrestricted funds 2024 Restricted funds 2024 Total funds 2024 Donations Tithes 2,027,467 509.376 152,087 431,526 29.122 2,027,467 509,376 152,087 431,526 29.122 287,474 155,272 160 Offering Thanksgiving Gift Aid First Fruit Offerings The Altsr Donations Hubs Income- Greenwch Wisionlspecial Offerings The Shift Income 287,474 155,272 160 Building Donations Persecuted Church Donations 4,240 4,240 16,197 16,197 Re-lgnite Income French Church Income 40.936 14,868 40,936 14,868 Contribution towards Guest Ministers. Honoraria The NEW- Donations Pursuit of God Income 24.403 645 24.403 645 RUIC Income Other Ministry Income Kidz First Ministry- Income Christmas Lunch on Jesus 43,370 1.717 43,370 1,717 25,956 5,978 2,420 25,956 Women's Ministry Income Donations- Widows, Donations - Special Projects Donations- Orphans 5,978 2,420 1.180 1,180 Subtotal detailed disclosure 3,456,729 317,670 3,774,399 Total 2024 3,456,729 317,670 3,774,399 Page 26
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Income from donations and legacies (continued) Unrestricted funds 2023 Restricted funds 2023 Total funds 2023 Donations Tithes 2,435,232 485,513 169, 584 505,561 41.311 2, 435,232 485,513 169, 584 505, 561 41,311 260, 606 91,106 2, 181 5, 607 1,416 4,495 894 Offering Thanksgiving Gift Aid First Fruit Offerings The Altsr Donations Hubs Income- Greenwch Wisionlspecial Offerings The Shift Income 260, 606 91,106 2. 181 5,607 Building Donations Persecuted Church Donations 1,416 4,495 894 Re-lgnite Income French Church Income 46,885 30,224 523 46, 885 30, 224 523 Contribution towards Guest Ministers. Honoraria The NEW- Donations Pursuit of God Income 33, 180 230 33, 180 230 RUIC Income Other Ministry Income Kidz First Ministry- Income Christmas Lunch on Jesus 59, 965 13,364 59,965 13,364 42, 087 2,631 180 4,348 42, 087 Women's Ministry Income Donations- Widows, Donations - Special Projects 2,631 180 4,348 Subtotal detailed disclosure 3,933,014 304, 109 4,237, 123 Total 2023 3,933,014 304, 109 4,237, 123 Page 27
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Incoming resources from charitable activities Unrestricted funds 2024 Restricted funds 2024 Total funds 2024 Charitable Activities Uncommon Woman Conference 61,309 61,309 39,903 137,043 48,746 3,058 35,114 4,674 69.521 Colindale Food Bank Donations Christmas Lunch on Jesus- Franchise Mandate Income- Donations 39,903 137,043 48,746 Colindale Food Bank - Grants 3.058 WelfarelAraunah Funds Tightknots Income Global Hands- Donations UK Prayer Shield Income Community Action - Projects Fundraising Multimedia Income 35,114 4,674 69.521 Total 2024 219.364 180.004 399,368 Unrestricted funds 2023 RestriGted funds 2023 Total funds 2023 Charitable Activities Uncommon Woman Conference Colindale Food Bank Donations Christmas Lunch on Jesus- Franchise Mandate Income- Donations 29,380 29, 380 64, 952 170, 589 23, 324 11,259 32, 084 27,467 23, 234 2,000 240 64, 952 I TO, 589 23,324 Colindale Food Bank - Grants WelfarelAraunah Funds Tightknots Income Global Hands- Donations 11,259 32,084 27,467 23,234 2,000 240 UK Prayer Shield Income Community Action - Projects Fundraising Multimedia Income 1.321 1,321 Total 2023 139, 050 246, 800 385, 850 Page 28
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Income from other trading activities Income from non charitable trading activities Unrestricted funds 2024 Total funds 2024 other trading activities 450 450 Unrestricted funds 2023 Total funds 2023 Other trading activities 300 300 Investment income Unrestricted funds 2024 Total funds 2024 Bank Interest 7,282 7,282 Unrestncted funds 2023 Total funds 2023 Bank Interest 1,019 1,019 Page 29
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Expenditure on charitable activities Unrestricted funds 2024 Restricted funds 2024 Total funds 2024 Expenditure on Charitable Activities The Altar Expenditure Guest Ministers HoSpitaltyraVel Expenses Guest Ministers Honorarium Professional Subscriptions Special Events - Watchnight Service Christmas Activities UK Prayer Shield Expenses Community Action Expenses Charitable Grants (See Note 9) Christmas Lunch on Jesus Expenses Women's Ministry Expenses French Church Expenses Global Hands Expenses Hospitality Expenses Kidz First Ministry Expenses Marketing and Communications Expenses Mandate Expenses Team JH Expenses Men's Ministry Expenses Wages and Salaries - Ministry Staff Other Event Expenses Other Ministry ExpenseslPastoral Care Ministry Travel Personal and Spiritual Development Tightknots Marriage Ministry Expenses Welfare Expenses Multimedia Expenses Music Ministry Expenses Connect Group Expenses Greenwch Hub Expenses The New- Expenses Support Costs (Note 8) 251,250 251,250 2,040 59,749 4,373 27.337 28,743 2,040 59,749 4,373 27.337 28,743 16.776 115,900 6,948 23.724 115,900 174,343 87,460 33,671 138,064 8,794 7,654 32.123 35,731 15,908 3.380 1,046,381 61,552 34,120 36,417 26.654 9,271 48,640 25.937 3,326 783 174,343 87,460 33,671 138.064 8,794 7,654 32.123 35,731 15,908 3.380 1,046,381 61,552 34,120 36,417 26.654 9,271 48,640 25.937 3,326 783 34,237 2,080 2.111.488 34,237 2,080 2,112,084 596 Total 2024 4,058,589 433,137 4,491,726 Page 30
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestricted runds 2023 RestriGted runds 2023 Total runds 2023 Expenditure on Charitable Activities (continued) The Altsr Expenditure Guest Ministers HoSpitaltyraVel Expenses Guest Ministers Honorarium 228,458 228, 458 8,489 56, 386 3, 126 23,211 19, 701 12,466 42,214 11T,399 234,914 53, 907 30, 432 118, 781 7,878 17,732 33, 844 11,366 4, 653 2,029 1,167,65t 44,717 31,161 19,450 20, 748 52, 330 57,836 12,271 4, 668 3, 924 1,423 50, 922 1, 719,084 8,489 56,386 3, 126 23,211 19, TOI 12,466 16,838 117,399 Professional Subscriptions Special Events - Watchnight SeNi Christmas Activities UK Prayer Shield Expense5 Community Action Expenses Charitable Grants (See Note 9) Christmas Lunch on Jesus Expenses Women's Ministry Expenses French Church Expenses Global Hands Expenses Hospitality Expenses Kidz First Ministry Expenses Marketing and Communication Expenses Mandate Expenses Team JH Expenses Men's Ministry Expenses Wages and Salaries- Ministry Staff other Event Expenses Other Ministry ExpenseslPastoral Care Ministry Travel Personal and Spiritual Development Tightknots Marriage Ministry Expenses Welfare Expenses Multimedia Expenses Music Ministry Expenses Reignite Expenses Connect Group Expenses Greenwch Hub Expenses Support Costs (See Note 8) 25,376 234,914 53, 907 30,432 118, 781 7.878 17,732 33,844 11,366 4,653 2,029 1, 167,651 44,711 31,161 19,450 20, 748 52,330 57,836 12,271 4.668 3,924 1,423 50,922 1,718,339 745 Total 2023 3, 723. 672 489, 493 4,213, 165 Page 31
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Support Costs Unrestricted funds 2024 Restricted funds 2024 Total funds 2024 Support Costs Rent Expenses Equipment Hire Heat, Light and Water Telephone Design and Printing Expenses Professional Fees and Services Insurance 149,849 23,394 96,104 55,803 149,849 23,394 96,104 55,803 5,247 76,519 25.301 8,438 12.300 6,634 193,133 3.715 72,090 271,766 7.746 152,206 4,412 676 5,247 76,519 25.301 8,438 12,300 6,634 193,133 3,715 72,686 271,766 7,746 152,206 4,412 676 Bank Charges and Interest Training Costs Audit Fees Staff Expenses Contractors Fees and Services Church Office Expenses Depreciation Facilities Expenses Human Resources Expenses Information and Technology Expenses Member Services Expenses Operations Office Expenses other Support Costs Personal and Spirrtual Development Wages and Salaries - Administrative Staff 596 23,625 8,221 914,309 23,625 8,221 914,309 Total 2024 2.111.488 596 2,112.084 Page 32
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestricted funds 2023 RestriGted funds 2023 Total funds 2023 Support Costs (continued) Rent Expenses Equipment Hire Heat, Light and Water Telephone Design and Printing Expenses Professional Fees and Services Insurance 186,250 20, 187 84,081 53,308 3,650 10,008 51,627 29, 582 6,925 12,300 3. 722 127,316 2,289 44, 130 238,228 4,943 100,434 4,581 2,491 24, 199 8,865 699,223 186, 250 20, 187 84,081 53, 308 3, 650 10,008 51,627 29, 582 6, 925 12,300 3, 722 127,316 2,289 44,875 238, 228 4, 943 100, 434 4,581 2,491 24,199 8, 865 699, 223 Bank Charges and Interest Training Costs Audit Fees Staff Expenses Contractor's Fees and Services Church Office Expenses Depreciation Facilities Expenses Human Resources Expenses Information and Technology Expenses Member Services Expenses Operations Office Expenses Other Support Costs Personal and Spiritual Development Wages and Salaries - Administrative Staff 745 Total 2023 1, 718,339 745 1, 719,084 Page 33
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Charitable Grants Unrestricted funds 2024 Total funds 2024 Charitable Grants World Evangelism Mission Grants RCCG Central Office RCCG Builderfs House Open Doors Christian Voi 30,000 35,000 18,000 2,500 3.000 5,000 3,000 2,000 2,500 1,500 600 30,000 35,000 18,000 2,500 3,000 5,000 3,000 2.000 2,500 1,500 600 Good Faith Foundation Wintershall Simplicity Records RCCG Fountain of Life House of Wells Richmond Group PSJ UK 1,000 4.800 2,000 5,000 1,000 4,800 2,000 5,000 Good Shepherd's Home Bethel Francophone Church RCCG Congresslconvention Totsl 2024 115,900 115,900 Page 34
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestricted funds 2023 Total funds 2023 Charitable Grants World Evangelism Mission Grants RCCG Central Office 40, 000 30, L7 18,000 7,800 1, 750 2.500 2,500 2,500 1,000 4,800 1.549 5,000 40, 000 30, 000 18,000 7,800 1, 750 2, 500 2,500 2, 500 1,000 4,800 1,549 5,000 RCCG Builder's House Open Doors Christian Voi NAYBA Newness of Life Centre HOPE UK House of Wells Good Shepherd's Home SOS DRC RCCG Congress Total 2023 117,399 117,399 10. Analysis of expenditure by activities Activities undertaken directly 2024 Support costs 2024 Total funds 2024 Expenditure 2,379,642 2,112,084 4,491,726 AGtrtS undertaken directly 2023 Support costs 2023 Total funds 2023 Expenditure 2,494, 081 1, 719,084 4,213, 165 Page 35
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 11. Auditors. remuneration 2024 2023 Fees payable to the Charity's auditor for the audit of the Charty's annual accounts 12,300 12,300 12. staff costs Group 2024 Gmup 2023 Charity 2024 Charity 2023 staff Costs Wages and salaries Social security costs Contribution to defined contribution pension schemes 1,714,153 171,792 1. 637,072 159,455 1,714.153 171,792 1,637,072 159, 455 74,745 70,346 74,745 70, 346 Total Staff Costs 1,960.690 1.866, 873 1.960.690 1,866,873 The average number of persons employed by the Charity during the year was a5 follow5.. Group 2024 Group 2023 Charity 2024 Charity 2023 Average Head Count 60 62 60 62 Page 36
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 12. Staff costs (continued) The number of employees vthose employee benefits (excluding employer pension costs} exceeded £60,000 was.. Group 2024 Group 2023 Higher paid staff - number of staff receiving employee benefits. excluding pension, between: In the band £60.001- £70.000 In the band £70,001- £80,000 In the band £100,001- £110,000 In the band £110.001- £120,000 In the band £120,001- £130,000 During the year under review the charity's trustees and key management personnel received employee benefits totalling £285,734 {2023'. £266,956) consisting of salary of £238,613 12023.. £223,027), employer's national insurance contributions of £30.418 {2023.' £28,317) and pension benefits of £16,703 (2023.. £15,612). At the balance sheet date £74,500 (2023.. £77,500) was receivable from the key management personnel in respect of staff loans. The wfe of a member of the charity's key management personnel received employee benefits of £81,878(2023= £72,170) made up of salary £68.819 {2023.' £60,782), national insurance contributions of £8,242 (2023.. £7,133) and pension contributions £4,817 {2023'. £4,255}. Page 37
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 13. Trustees. remuneration and expenses No trustees, other than Dr Adeaga. were remunerated. Under clause 5.2 of the Memorandum of Association of the company, and as approved by the Charity Commission. 2024 2023 Dr Olushola Adeaga Remuneration Pension contributions paid National insurance contributions 110.433 7,730 102, 955 7,207 13,984 13,002 During the year ended 31 December 2024, expenses totalling £3,996 were paid directly on behalf of Trustees {2023 - £2,715). This covers travellaccomodation costs for official duties as well as strategic meeting costs for 2 Trustees. During the year the charrty operated a defined contribLrtion pension scheme. Contributions payable to the scheme by the charity totalled £74.745 {2023= £70,346). 14. Taxation 2024 2023 Corporation tax Current tax on net (expenditure)fincome for the year 26.668 20,619 Taxation on net (expenditure)fincome 26,668 20,619 There were no factors that affected the tax charge for the year which has been calculated on net lexpenditure)lincome at the standard rate of corporation tax in the UK of 25 % {2023 - 250A). There are no factors considered likely to affect future tax charges. Page 38
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 15. Tangible fixed assets Group and Charity Church and Office equipment Motor Fixtures and vehicles Fittings Total Cost or valuation At 1 January 2024 Additions 208,056 258,348 1,010,287 146,973 1,476,691 146,973 At 31 December 2024 208,056 258,348 1,157,260 1,623,664 Depreciation At 1 January 2024 Charge for the year 190,060 8,999 255,372 596 904,895 63,091 1,350,327 72,686 At 31 December 2024 199.059 255,968 967,986 1,423.013 Net book value At 31 December 2024 8,997 2,380 189,274 200,651 At 31 December 2023 17,996 2,976 105,392 126,364 Page 39
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 16. Investment property Group Long term leasehold investment property Valuation At 1 January 2024 2,650.000 At 31 December 2024 2,650,000 Charity Long term leasehold investment property Valuation At 1 January 2024 2,650.000 At 31 December 2024 2,650,000 The propety has been valued at £2.650.000. representing the lower end of an estimated valuation range obtsined from comparable market data and professional input. This valuation reflects the prudent assessment of the property's current open market value, taking into consideration its location, condition. and use for charitable purposes. The Trustees believe that this approach provides a fair and reasonable representation of the asset's value while maintaining consistency th the charity's policy of adopting a cautious and stevRrdshipfocused approach to asset valuation. Page 40
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 17. Fixed asset investments Investments in subsidiary companies Charity Cost or valuation At 1 January 2024 At 31 December 2024 Principal subsidiaries The followng was a subsidiary undertaking of the Charity: Name Company number Registered office or principal Principal activity place of business New Dimensions Trading Ltd 07479350 112 Brent Terrace, Brent Cross, Sale of books, London. NW2 1LT refreshments and hire of event space. Class of shares Holding Included in consolidation Ordinary 1 OOOA Yes The financial results of the subsidiary for the year Yre= Name Income Expenditure ProfiU(Loss) I Surplusl {Deficit) for the year Net assets New Dimensions Trading Ltd 450 43,969 143,519 (265,506 Page 41
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 18. Stocks Group 2024 Group 2023 Finished goods and goods for resale 30,848 30, 848 19. Debtors Group 2024 Gmup 2023 Charity 2024 Charity 2023 Due within one year Trade debtors Amount owed by subsidiary Other debtors Prepayments and accrued income 7,727 7. 727 314,750 118,474 358.513 270, 907 139,289 633, 366 121,327 371,694 142, 142 646, 112 500,748 795, 981 791,737 1, 043, 562 20. Creditors: Amounts falling due within one year Group 2024 Group 2023 Charity 2024 Charty 2023 Creditors Trade creditors 449,475 123,959 54,226 84,556 300, 710 118,888 62, 755 87, 781 448,851 123,959 51,650 80,924 300, 134 118,888 60, 181 84, 149 Other taxation and social security Other creditors Accruals and deferred income Creditors 712,216 570, 134 705,384 563, 352 Page 42
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 21. Financial instruments Group 2024 Group 2023 Charity 2024 Charty 2023 Financial Assets Measured at fair value through net incomel{expenditure).' Fixed Assets Investments 2,650,000 2, 650,000 2,650,000 2, 650,000 Investment in Subsidiary Debt instruments measured at amorbsed cost.. Trade Debtors 7,727 7,727 2,657,727 2, 657, 727 2,650,001 2, 650, 001 Group 2024 Group 2023 Charity 2024 Charity 2023 Financial liabilities Measured at amortised cost.. Trade Creditors 449,475 300, 710 448,851 300, 134 Page 43
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 22. Statement of funds Statement of funds - current year Balance at 31 December 2024 Balance at 1 January 2024 Income Expenditure Unrestricted funds General Funds - all funds New Dimensions Trading 2,190,359 {221,987) 3,683,375 {4,085,257 450 (43,969) 1,788,477 (265,506} 1,968,372 3,683,825 {4,129,226 1,522,971 Restricted funds Building Funds India Funds 2,084,630 32,235 7.365 112,762 148,288 32,148 4,240 (5961 2,088,274 32,235 7.365 148,775 (59,632) 68,372 Uganda Funds Colindale Food Bank 42,961 162,999 287,474 16,948) (174,343 (251,250 CLOJ The Altsr 2,220.852 497,674 (433.1371 2,285.389 Total of funds 4,189,224 4,181,499 (4,562,363 3,808,360 Page 44
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 22. Statement of funds Icontinued) Statement of funds - prior year Balance at 31 December 2023 Balance at l January 2023 Income Expenditure Unrestricted funds General Funds - all funds New Dimensions Trading 1,861,567 (190,868) 4,073,083 (3, 744,297) 300 (31,419) 2, 190,359 (221, 987) 1,670,699 4,073,383 (3, 775, 710) 1,968,372 Restricted funds Building Funds India Funds 2,083,959 32,235 7.365 61,927 (26,050) 1,416 (745) 2, 084, 630 32, 235 7,365 112, 762 (48, 288) 32, 148 Uganda Funds Colindale Food Bank 76,211 212,676 260, 606 (25,376) {234, 914) (228,458) CLOJ The Altsr 2. 159.436 550, 909 (489,493) 2, 220, 852 Total of funds 3,830, 135 4, 624,292 (4,265,203) 4, 189,224 Page 45
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 23. Restricted funds: Building Fund.. The Building Fund was established as a result of fund-raising activities aimed at the acquisition and refurbishment of building properties for the charity. India Fund.. The India Fund was established in order to support social responsibility initiatives in India. Uganda Fund.. The Uganda Fund was established in order to support social responsibility initiatives in Uganda. Colindale Food Bank.. The Colindale Food Bank Fund was established following receipt of donations from members towards the food bank drive to support the local community. CLOJ.. The CLOJ Fund was established followng receipt of donations from members towards the yearly Christmas Lunch on Jesus Initiative. The Altar.. The Altar Fund was established following receipt of donations from members towards the production of an annual worship event. 24. Summary of funds Summary of funds- current year Balance at 31 December 2024 Balance at 1 January 2024 Income Expenditure General funds 1,968,372 2,220,852 3,683,825 497,674 {4,129,226) (433,137 1,522,971 2,285,389 Restricted funds 4,189,224 4,181,499 (4,562,363) 3,808,360 Page 46
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 24. Summary of funds {continued) Summary of funds- prioryear Balance at 31 December 2023 Balance at l January 2023 Income Expenditure General funds Restricted funds 1.670.699 2, 159,436 4.073,383 (3. 775, 710) 550,909 (489,493) 1,968,372 2, 220,852 3.830, 135 4, 624,292 (4, 265, 203) 4, 189,224 25. Analysis of net assets between funds Analysis of net assets between funds - current period Unrestricted Restricted funds funds 2024 2024 Total funds 2024 Tangible fixed assets Investment property Current assets Creditors due wthin one year {2,084,738} 2,650,000 1.669.925 (712,216) 2,285,389 200,651 2,650,000 1,669.925 (712,216 Total 1.522.971 2,285,389 3.808.360 Analysis of net assets between funds - prior period Unrestricted funds 2023 RestriGted funds 2023 Total funds 2023 Tangible fixed assets Investment property Current assets Creditors due wthin one year (2,094,488) 2, 650,000 1,982,994 (570, 134) 2,220,852 126,364 2, 650,000 1,982,994 (570, 134) Total 1,968,372 2, 220,852 4, 189,224 Page 47
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 26. Reconciliation of net movement in funds to net cash flow from operating activities Group 2024 Group 2023 Charity 2024 Charty 2023 Net incomelexpenditure for the period (as per Statement of Financial Activities) {380.864) 359,089 (337.345 390, 208 Adjustments for: Net cash provided byl(used in) operating activities {380,864) 359, 089 (337,345 390, 208 27. Analysis of cash and cash equivalents Group 2024 Group 2023 Charity 2024 Charity 2023 Cash in hand 1,138,329 1, 156, 165 1,136,861 1, 154, 636 Total cash and cash equivalents 1,138,329 1, 156, 165 1,136,861 1, 154, 636 28. Analysis of changes in net debt At1 January 2024 Cash flows At31 December 2024 Cash at bank and in hand 1,156,165 (17,836) 1,138,329 1,156,165 (17,836) 1,138,329 29. Inter-company transactions At the balance sheet date Jesus House was ¢Jwed £314.750 by New Dimensions Trading Limited {2023'. £270,907). 30. Pension commilments The charity operates a defined contribution plan for the benefit of its employees. Page 48
JESUS HOUSE FOR ALL NATIONS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 31. Related party transactions 2024 2023 Key Management Personnel - Official Travel Expenses - Accomodation Key Management Personnel - Official Travel Expenses - TraVelranSpOrtation Key Management Personnel - Official Travel Expenses - Strategic Events/Other Expenses Key Management Personnel - Spiritual Development Training 972 7,468 14,202 600 1,481 256 9,549 15,430 Page 49