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
ca￿eY 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
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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
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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 Y￿th 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 N*thich 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 follov*ing 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 Y￿rnen and was a great opportunity for seasoned
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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
be￿een 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.
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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 Y￿th 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
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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 charit￿5 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,
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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 servI￿s, 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
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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 Y￿th 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
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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 kno￿edge 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
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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 v￿thin 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 v￿thin 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 othe￿iSe 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 ServI￿S 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 reSoUr￿s.
Governance costs.
Governance costs comprise the costs associated V￿th 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 v￿th 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 Se￿iCe to the charity. short-temi employee benefits to which the
employees are ent￿ed 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 HoSpitalty￿raVel 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 HoSpitalty￿raVel 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, L￿7
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
AGt￿rt￿S
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 Y￿re=
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 -
TraVel￿ranSpOrtation
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