REGISTERED NUMBER: 04450990 CHARITY NUMBER: 1096178 NEW JERUSALEM APOSTOLIC CHURCH (BIRMINGHAM) UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022 SPARK Chartered Certified Aecountants 10 Wrens CourL 48 toria Road, Sutton Coldfield. 872 1SY
NEW JERUSALEM APOSTOLIC CHURCH Acom an limited b BIRMINGHAM uarantee CONTENTS Page Reference and administrative details of the charity. Its trustees and advisors Trustees. Report 2-8 Independent examlnevs report 9-10 ststement of finanical attivities Balance sheet 12 Notes to the financial ststements 13-19
NEW JERUSALEM APOSTOLIC CHURCH Acom an limited b uarantee BIRMINGHAM REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MAY 2022 Trustees M Brcrf)ks 8 Ffrench H Levine S Ible C Dennis G Brown Company registered number 04450990 Charity registered number 1096178 Reglslered office New Jerusalem Apostolic Church Stsjart Street B7 5NW Company secretary B Ffrench Independent examiner Philip Bumell FCCA Accountants Spark Chartered Cerbfied Accountants 10 Wrens Court 48 Vthria Road Sutton Coldfield B72 1SY Bankers Lloyds Bank Market Street Stafford ST16 2JL Unty TNst Bank P Bimiingham B12HB Page 1
NEW JERUSALEM APOSTOLIC CHURCH A¢om an Ilmited b uarantee BIRMIN HAM TRUSTEES. REPORT FOR THE YEAR ENDED 31 MAY 2022 The Trustees (who are also directots of the Charity for the purposes of the Ccmmpanies Act) present their annual report together with the financial statements of NeH Jerusalem Apostolic Church (Birmingham) Ilhe company) for the ended 31 May 2022. The Trustees confimi that the Annual report and financial statements of the ¢ompany Comply with the Current statutory requirements, the requirements of the company's governing dccument and the provisions of the Statement of Recommende(I Practice ISORPI 'Accounting and Reporb'ng by Chaiities" issued in March 2005. STRUCTURE. GOVERNANCE AND MANAGEMENT Conststulion The company is registered 8$ a charilable c(Mnpany limited by guarant and was set up by Memorandum of Association on 29 May 2002. The chanty number 1096178. The principal object of Ihe company is to than the Christian Faith in aCCordare wrih the statement of beliets, in Bimingham, its surrounding areas and such other parts of the United Kingdom and the World, as the Trustees may from time lo ts.me think fft and other such purposes which are exclusively charitable according to the18w of England and Wales and are connected wtth the charttable work of the charty. mell of app)intm8nt or 8lechc of Tmstees The management of the company is the responsibilty of the tnjslees who are elted and wpted under the Articles of AsxKiation. Organisational sInKtU and decision maknng Organisational structure consists of Iwstees vtho make organisational decision5 in conjunction wi(h the Pastor5. Pastors are accountable to the trustee board of which they are part, for financial and general governance onty, but for spitiual matters they remain Untable lo the Bishop and Pastor. This relati.onship is designed to offer greater transparency and clarity in dl$lOn making. The members of the ofganisalion are free lo object lo any material transactions proposed by the board and can do so in writing, by personal appointment with the board or pastors or in general weekly meetings. Rk Management There is adequate insurance cover in Pl and financial infomation and inlemal controls are kept under regular review. Appropriate Criminal Records Bureau (CRBI checks, supported by regularly reviewed policies are made for all those work Iwth children or other vulnerable groups. OWECTIVES AND ACTivmES Policies and obieclives In setting objectives and planning for actwrties, the trustees have grven due consideration lo general guidance published by the Chartty Commission relating to public berfrt and in particular lo ils supplementary public benefrt guidan on the advancement of rel10n. Page 2
NEW JERUSALEM APOSTOLIC CHURCH Acom limitèd b uarantèe BIR an TRUSTEES. REPORT FOR THE YEAR ENDED 31 MAY 2022 Review of acttvities The Trustees consider the wde range of activities provide benefrt to those who worship al the Church. the people of Bimiingham, its surrounding areas and overseas in line with our objects. New Jerusalem Apostolic Church (Bimiinghaml has continued lo maintain rts commitments lo the projects and a¢tiviliÈs that it has carried out over the last few years. These proiecas have been identified to ensure that they are.. al Advancing the Christian faith in the UK andlor overseas bl Provxling a place of worship and communty for peop in Birmingharn and the wder West Midlands c) Promoting education, employment, economic devekjpmenl andlor xKial inclusion programmes WFthin Bimingham d) Equipping church members and others in the communty to operate in advancing the Christian faf(h outside of the physical church building. in nursing homes. community centres, hospitals, prisons etc. Summary of activities and beneficiaries 1stJune 2021- 31st May 2022 Like 811 places of worship. were impacted by the govemment regulations implemented folk)wing the outbreak and subsequent gr( of the COVID 19 pandemic. We had immediately closed our church for on-511e services and commenced an on-line operation. which had allowed us lo ¢onlinue to reach our members and friends, catering for their spiritual needs, by use of our New Jewsalem You Tube channel, ZOOM and other suitsble technologies. As some government restrictions were slowty lrfb"ng. tcwards the erKI of March 2021 we had allowed a few people on site in the semce. besides the service parbcipants and the m&lia team. The 6th June 2021 was the first formal service back wrth limi(ed number5 in the sanctuary. abiding with the hygiene and spacing regulab.ons in place at the time. The Servi rtsew continued to be transmitted on-line, to the wider audience in addition to those in the building and has remained a pemianent feature post-pandemic and beyond. Throughout the remaindef of 2021 and into eaty 2022, we both abided by the government njles that were in place and also ensured the safety and protection of our church members and seryice attendees. Throughout the perirxl we operated a trK)oking system to ensure that we were suitably equipped to manage and safeguard the numbe[5 of attendees. Adhering to hygiene and spacing requ1mentS and temperature testing conlinued throughout this periJ_ Even post-COVID we ensure th* there is continual awareness and that the church has resources and space available for those who require ongoing or specific support. The Church continues to have a main Servi every Sunday morning. There Is prayer and Bible teaching every Tuesday evenings (prayer and bib leaGhingi with Youth Ministry meetings running at the same lime. We have 'RevNe" prayer meetings on the first Friday evening of each month. The Church is now open to all rts members and members of the community six days a week and provides a place of prayer and worship, whilst still operating under any government guidelines in place at any point in time. Through the lime of the COVID restrictions and even followng their removal, attendances at the on-line serViS and bible teaching continued to grow both at the time of transmission and on4emand outside of service limes. We have also wdened the pool of presenters at Bible teaehing, lo inctude members from the wder congwalion and extemal speakers. to highly w>sitive effe Page 3
NEW JERUSALEM APOSTOLIC CH Acom lirnited b uarantee RCH BIRMINGHAM an TRUSTEES. REPORT FOR THE YEAR ENDED 31 MAY 2022 Using conference call technology, we run prayer calls at least twice a weèk, where church members and guests alike can come together by phone. to pray in unison. Through the use of social media and the streaming of our live services. we have successfully extend our reach to a wdef audience both within the UK and the wider wodd Education is one (rf our Values here at New Jerusalem and we hold structured courses in Biblical studies and other aspects of ChTislian education and personal development. Each Course is tailored and relevant to ils tsrgel group. In 2021 we ran a sefies of on - line Bible CoUeS available lo members and non- members alike. We also continue to offer a range of practical workshops open to all, where practical principles, advice and lrfe-5kills are present1. T¢¥>iGs continue to revisit Personal Finance. Goal Setting, Parenting and Health Education. We partner wrth various OTganisations and indivKlual contacts to promote economi development and Kla1 inclusion and heakh awareness. We remain active supporters of Proslale Cancer UK and Mcmillan Nursing. OL+r dedicated office and foodbank staff and volunteers have continued to work as an essential service throughout the pericKg of the pandemic and beyo[. We ackrThAedge their support and dedication to the work of the ministry during this pericKI Our Food Bank operalion is now in its ninth year of operation. This provides food5, loilelries and other domestic items lo client5 who are referred fr( Housing Authorities. Social servIs. SchcM)Is and other community organisations. as well as others in need from the Ictal area. Our fcK)dbank is now open daily and numbers attending have increased and continue lo do so. Other organis*ions in the social ServIS and caring $torS draw on our strtks to feed and help those in need. Volunteers from the church every week continue to collect donations from supermarkets ar the church itself weekty restrKks the fcrf)d bank from church funds and individual monetsry donations. Throughout this period our Bishop and Paslor Yvonne continue lo work tirelessly lo help those in need of support in the local and wider communrty. They are conlinualty requested to $ak at meetings and forums. both in the UK and abroad. Their abilrties and the whole abilty of the church lo embrace and operate new technology, has meant that by embracing ZLx)m and other platfomis, we have been able to communicate, support ano reach to people not only in the UK. but in the wider wodd. All of our departments such as Lrfe Class. YoLrth. Esthe¢s Academy. Ladies Department, Love In, Men's Department. Children's Church and others have all continued operatsng remotely, having switched over to using technology to have meetings, seminars, teachings and presentations. However as the COVID restrictions were incrementalty lffted, where prachcal we have returned we have returned lo the building for those who wanted lo do so, whilst still providing an on4ine Opn. This has in the main increased the ntjmber of attendees at the various events. Estherfs Academy who run an annual programme of personal development for women based on the character, qualities and skills of Queen Esther in the Bible, successfully ran their 2022 programme in house. The Tohorah programme. which runs separately for gids within the 11>14 age groups. continues lo be integrated into the main E51herfs programme. A retreat is planned for the summer of 2022. The Men's department runs simitar development prcgrammes and run Njint events with other churches. A weekly on-line call for mutual support and Bible study contsnues on an on-going basis Local communty organisations continued to utilise the rn11ng facilities available in the building and as an organisation we seek to support them in any tx)srtive way. Our refurbished fully functioning Board Room continues to be used for the charity's use and for use by external organisations. We continue to support marriages through individual and couples (x)unselling.' also teaching and includin9 sermons on marriage. The pre-marrtal counselling course is very popular amongst those wanting to get married. Those peop. who have completed the course, appear lo adjust better to their new way of life. A relationship Conferen is planned for late 2022 in-house. Page 4
NEW JERUSALEM APOSTOLIC CHURCH Acom limited b uarantee BIRMINGHAM an TRUSTEES. REPORT FOR THE YEAR ENDED 31 MAY 2022 The Church, on a regular basis, sources and subsidises the servsces of a qualified Christian theo-therapist. to help those who need counselling and support in their INes and relationships. This has switched to on line support both during and Fxjsl-pandemic. The Youth department is instrumental in grounding and educating the young people. They have weekly Youth classes wrth specific teaching designed to develop them into outstanding citizens and Christians and they actively work within the community. A Youth Worship Team which includes singers and musicians from other Birmingham churches continues to flourish and has ministered at a number of worship events and Conferences. We continue lo have. from wrthin our litsnsed ministers. t full time fully qualified chaplains who continue to operate outside of the church environment One is in one of the local hospitals both running setvices and giving support and comfort to the sick and bereaved. She is also qualified as an Intemational Chaplain. linked to the UN and able to serve in disaster areas and other CTltical locations woddwde. The Hebron House Resettlement CIC organisation is now registered as a Community Interest Company ICIC} in its own right. Besides conb"nuing its original mission to support newly released prisoners in finding accommodation and work, we have utslised funding to run mentoring and personal development courses inside other male prisons in the regn as pennitted under govemment regulations and guidelines. We also collaborate wth Prison Link, PhnIX Unrted CIC and The Invested Man to provide resettlement and mentoring resour. Our long-stsnding relationship with a ¢ttarttsble organisation in South India ¢onts"nues. We gwe in kind and financial support. As a church we financialty supp)rt the various charitable activities sponsored by the International Jabula organisatson, through their Utopia initiative. On the back of the hard work and dedicabon put into the organisation over the years by Bishop Melvin Brooks and Pastor Yvonne Brooks. Iheir presence continues lo be requested by the wider church community and other assemblies. Speaking engagements. the sharing of personal and organisab.onal experiences. marriage counselling events and other seminars has led to them presenb.ng on-line txjth within the UK and across the world Bishop Melvin Brooks Serves as Chief Operab"ng Officer of the 1ntematy.onal Organisab"on, Jabula New Life Ministries and is also co-opted on lo the Board of the Council of Aftican Bishops, attending their regular meetings. He has also for several years served on the Board of the Untversity of w0e[haTpt0n. This has led lo greater assumption of resFK)nsibilths in the day to day running of the church and the services by the Elders of the church. as well as overseeing their respective departmental heads within the church. Monthly meetsngs are held for all current and future leaders lo ensure conkn"nuity and continual improvement in the operation of the organisation. Following the significant investment of the previous financial year, we continue to invest in the up keep and on- going rnainlenance of the building. Stairways. recepb.on areas and hospitality areas have all been repaired and redecorated. We are also mindful ol our environmental responsibiltty and are Carng out studies, lo obtain costs for our future heat'ng and lighting solutions, to ensure that they are effective, cost efficient and eCtrnd1y. The new healing systems are being installed in August 2022 in bme for the 2022-23 winter period. In order to continue to provide the outstanding quality and content of service during COVID-19 and beyond, that we as a church aspire lo, we have heavily invested in upjrading our media and prc¥Yuction equipment. This is to support the delivery of live services. which can both accommodate congregations. whilst at the same time transmitting and broadcasting live to those on line and those who want access on demand at a later time. Page 5
NEW JERUSALEM APOSTOLIC CHURCH Acom limited b uarantee BIRMINGHAM an TRUSTEES. REPORT FOR THE YEAR ENDED 31 IMY 2022 For production and transmission, we conb'nue to source Suitab cameras, computers, mixers, monitors and television screens wrth associated sundry equipment as required. For music and worship, we continue to source new speakers, microphones and audio transmissi¢)n equipment as required. We are currenuy iMpMentIng consistent intemet w-fi and telephone provision across the whole building. Recognition and thanks are extended to all the media. produckn.on and worship teams who have Invested many hotjrs of their time and efforts in enabling the organisation to contsnue delivering high quality service conlenl during challenging t'mes, and setting us up to continue post-COVID and beyond. For several years, we have sought to provide adequate areas for Feople to meet and socialise after the service and at other times of the week. The larger reception area outside of the main service sanctuary, which has been refurbished, has successfully faolitaled the social acb.vty belween members and visitors that we are seeking. Hospitslity is Pfovided after every Sel¢e has treen wdely welcomed and very well supported. Plans and budget are In place so that in summer 2022, this hospitality area wll be redes(gned and physically upgraded lo further enhance this ministry. A custom designed prayer room has been previousty created, with suitable resources. available for use by everyone whenever the building is open. We contsnue to monttor how to best use our space. to upgrade facilrties and lo maximise the use of all floors of the building. Financial rev¢ew The Trustee Board have exercised great care with financial management over the last twelve months. The income has remained consistent and we are expecting that wtih careful forecasting planning and management we should meet all our commrtments adequatety. We have seen continual improvement in the managing of our expenses and overheads, in line wth our 2019 mission of "Change" and our 2020 focus of "Managing Change", especially in facing the challenges brought by the pandemic. Reserves poli¢y The aim of the reserves policy is to maintain a healthy liquid position to cover any decline in income in any malenal shape or fr)m. The board consider that three months recurting expenditure 15 reasonable (@ £60,000). The purpose of any reserves wll be cleady stated. It is not the intention of the board to build undue reseNes v41)ere such can be used otherwise to advance further the aims and object¢ves of the organisalion. The current general reserve Ibeing unreslricted funds excluding fixed assets and the loans relating to fixed assets) amounts to a reserve of £192,777. Page 6
NEW JERUSALEM APOSTOLIC CHURCH Acom limited b uarantee BIRMINGHAM an TRUSTEES. REPORT FOR THE YEAR ENDED 31 MAY 2022 Plans for the future Future developments In 2015 the New Jerusalem Trustees and Leadership redefined the organisation's mission for the next 10 years to being an oiganisation that"Transfom)s Lives For Everf. Each of the 10 years has a further focus with 2015 being "Building A Spiritual HOU.. 2016"Organising People, Otganising Monel. and 2017 Building Assets.. 2018 was"Preparing for Change., ahead of our 2019 focus of'change". Our 2020 tc5 was °Managing Change., 2021 was"Dominion', 2022 was'Thanksgiving" and 2023 is-outreach" We see growth continuing over the next decade and so we seek to oplimise and maximise the facililies on all the floors of the Aston Cross premises. in order to benefft and meet the demands of the church rnembers, their fn'ends and families and the wider communty tM)th localty, across Bimiingham and beyond. As part of this our embracing of new media and production technolcgy will be an important key to our growth going forward. Also our hospitalty initiatives will support and enhance this expansion. In line with these goals, we have taken the decision to rebrand the organi5ation as New Jerusalem Community Church. Whilst historically Ihe organisation has aayS been outsvard focused. we consider that this name Inore accurately reflects both the emphasis and direction in which the organisalion is moving. We are activety looking to partner wth other community organisations, operating in sectors where we can Contribute existing resource and expertise for maximum effectiveness. Examples will be access and use to our Aston Cross building and resources, financial support and joint funding opportunities. Initial potential partner organisatFons include First Class Foundation. Prison Link, Hebron House CIC arsd Phoenix United CIC. We have also ath.vety supported and Contributed to the Time4Change initiative and the purchase of the Keep the Faith magazine by NCLF. On the back of our investment in the building and media and prixfuction equipment, we have the ability to make available to extemal charib.es and organisab"ons, the building and the sanctuary wth all its audio- visual and production facilities. This can be for local, national and intemalional meetings and events. We will continue to generate fLFnds. both through the provision of servIs, through fundraising events and the attraction of other fvnding where available. There has been a risk assessment carried out regarding making funding applications of this natLsre and the board has agreed that we would proceed as long as it falls in line wrth our chatrtable purposes ft)r the public benefft. Our premises are accessible and welcoming where all members of the community can leam about the Christian Faith. Courses and seminars and other programmes where charged will be discounted for students, people on means lesled benefits and pensioners to ensure that the benefits provided by the church a not unreasonably restricted. Page 7
NEW JERUSALEM APOSTOLIC CHURCH Acom limited b uarantee BIRMINGHAM an TRUSTEES. REPORT FOR THE YEAR ENDED 31 MAY 2022 Trustees. responsibiliti.es sLitement The Trustees (who are also directors of New Jerusalem Apostolic Church (Birmingham) for the purposes of company law} are responsible for prepartng Ihe Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunrted Kingdom Generally Apted Accounting Practice). Company law requires the Trustees to prepare ffinancial statements for each financial year. Under company law the Tnjstees must not approve the financial statements unless they are satisfied that they give a true and fair view ol the slate of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to= select suitable accounting policies and apply them consistenY', observe the methods and principles in the Charibes SORP., make judgements and ac£ounting estimates that are reasonable and pnjdenl,. prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charttable company wll continue in op*ration The Trustees are responsible for keeping adequate accounting re(rdS that are sufficient to show and explain the charitable company's transath'ons and dicslose wtth reasonable accuracy at any time the financial posrtion of the charrtable company and enable them to ensure that the financpl stslements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for laking reasonable steps for the prevention and detection of fraud and other irregularities. In preparing this report, the Trustees have taken advantsge of the small companies exemptsons provided by section 415A of the Companies Act 20(. rtwas ved by the Trustees on 27 February 2023 and swJned on their behaff by.. H A Levine Secretsry to the Trustees Board Page 8
NEW JERUSALEM APOSTOLIC CHU Acom limited b uarantee IRMIN INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KINGDOM CENTRAL FOR THE YEAR ENDED 31 MAY 2022 I report on the financial statements of the MpanY for the year ended 31 May 2022 which are set out on pages 11 to 19. This report is made solely lo the company's Trustees, as a tx)dy, in accordance with stIOn 145 of the Charities Act 2011 and regulations made under section 154 of that Act. My work has been undertaken so that I might stale to the companls Trustees those matters l am required lo state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's Trustees as body, for my work or for this report. Respective Responslbllitles of Trnstees and Examlner The charity's trustees are responsible for the preparab.on of Ihe accounts. The charity's trustees consideT that an audit is not required for this year under section 144 of the Charilies Acl 2011 (the Charities Acti and that an independent examination is needed. Having satisfied Myse that the company is not subject to audit under charity or CA)mpany law and is eligible for independent examinab"on, it is my responsibility lo.. examine the finanryal statements under section 145 of the Act", follow the procedures laid down in the general Directions gNen by the Charity Commission under section 145151 {bl of the Act, and stale whether parbcular matters have come ta my attenbon. Basls of Independent Examinerfs Report y examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounts.ng records kept by the company and a comparison of the financial statements presented with those records. 11 also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements present a 'true and fair viev/ and the report is limited lo Ihose matters set out in the statement below. Page 9
NEW JERUSALEM APOSTOLIC CHURCH Acom an limited b uarantee BIRMINGHAM INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KINGDOM CENTRAL FOR THE YEAR ENDED 31 MAY 2022 Independent Examinerfs Ststement In connection with my examinab'on, no matter has come to my attention". (11 Which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with section 386 of the Companies Act 2006,. and lo prepare financial statements which accord wth the accounting records and compty wth the accounting requirements of sects.on 3 of the Companies Act 20 and with the methods and principles of the Statement of RMrnended Practice: Ac£ounting and ReF(Srting by Charities have nol been meL or 121 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached. Signed. 27 February 2023 Philip Burnell FCCA Spark Chartered Cortified Accountants 10 Wrens Court 48 Victoria Road Sutton Coldfield B72 1SY Page 10
NEW JERUSALEM APOSTOLIC CHURCH Acom an limited b uarantee BIRMINGHAM STATEMENT OF FINANCIAL ACTIVITIES (Incorporating Income and Expenditure Accounti FOR THE YEAR ENDED 31 MAY 2022 Restricted Unrestrlcted funds funds 2022 2022 Total funds 2022 Total funds 2021 Note Incorning resources Incoming resources from generated funds- vuntary income 330.770 330,770 240,818 Investment income 4,089 4,089 1,979 Activities for generating funds 11.891 11,891 10,524 Other income 8,221 8,221 40,589 Total incomlng reSoue5 11,891 343,080 354,971 293,910 Resources expended Charitable activities 6.481 328,368 334,849 310,990 Govemance costs 2.500 2,500 2,5Ck) Total resources expended 6.461 330,868 337,349 313,490 Movement In total funds for thg year- Net Ineomellexpenditurel for the year 5.410 12,212 17,622 19,580 Total funds at l June 2021 27.793 180.5 208,358 227,938 Transfer of funds Total funds at 31 May 2022 33.203 192,777 225,980 208.358 The notes on pages 12 10 18 fomi part of these financial statements. Page 11
NEW JERUSALEM APOSTOLIC CHURCH Acom BIRMIN HAM an limited b uarantee BALANCE SHEET AS AT 31 MAY 2022 2022 2021 Fixed Assets Tangible assets Current a$sgts Debtors Cash at bank and in hand 15 671,164 674, 723 12 33,5 76,670 46,707 62,996 110,635 109, 703 Creditors: amounts falling due within one year 13 I43,0(} (40,201) Ngt current liabilities 67,629 69,502 Total assets less current liabilities 738,793 744,225 Creditors: amounts falling due after more than one year 14 1228,5021 (251.556) Net assets 510.291 492.669 Charity funds Unrestricted funds Restricted fLJnds Revaluation reserve 17 17 17 192,777 33,203 284,311 180,565 27,793 284,311 Total funds 510,291 492,669 The Trustees consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 20C6 I'lhe Acf'i and members have not required the company to obtsin an audit for the year in quest]on in accordance section 476 of the Act. The Trustees acknowledge their responsibllrtS for comptying the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial staternenls which give a true and fair view of the state of affairs of the company as at 31 May 2021, and of its nel resources expended for the year in accordance with the requirements of sections 394 and 395 of the Act, and which otherwise comply wth the requirements of the Companies Act 20C6 reLatr'ng to financial statements, so far as applicable lo the company. The financial statements have been prepared in accordance wrth Accounkn"ng and Reporting by Charities.. Statement of Recomrnended Pracb"ce applicable lo charities preparing their accounts in accordance with the Financial Reporting Stsn d applicable in UK and Republic of Ireland IFRS 1021 leffective 1 January 20151, Cha s SORP {FRS 1 the financial Standard applicable in the UK and Republic of Ireland IFRS 1021 an panies Act ncial sta in re approved by the Trustees on 27 February 2023 and signed on their behalf by.. ine - Trustee The notes on pages 13 to 19 fotm part of these financial 5talements. Page 12
NEW JERUSALEM APOSTOLIC CHURCH Acom limited b uarantee BIRMINGHAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022 Accounting Policies 1.1 Basis of proparation of financial ststements The financial statements have ten prepared in accordance wrth Accounting and Reporting by Charities". Statement of Recommended Practice applicable to charities preparing their accounts in accordance wth the Financial Reporting Standard applicable in UK and Republic of Ireland IFRS 1021 {effeclive 1 January 2015}, charib.es SORP {FRS 1021. the financial Standard applicable in the UK and Republic of Ireland IFRS 102) and Companies Act 2006. 1.2 Fund accounting General funds are unteslricted fvnds which are avalble for use at the discretion of the Tnjstees in furtherance of the general objectives of the company and which have not been designated for other purposes. Designated funds comprise unrestn.cted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial stalements. Restricted fvnds are furKYs which are to be used in accordance wtth specific restrictions imposed by donors or which have been raised by the company for particular PL¢rposes. The costs of raising and administering such funds are charged against the Specffj fund. The aim and use of each restricted fund is sel out in the rte$ to the finanryal statements_ 1.3 Incoming resources All incoming resources are included in Ihe Ststement of Financial Aclivities when the company has entitlement to the funds, certainty of receipt and the amount can be measufed with sufficient reliability. Income tax recoverable in relab.on to donations e[Ved under Gift Aid Of deeds of covenant is recognised al the time of the donab"on. 1.4 Resources expended Expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for all(Kab"on lo activities. Where costs cannot be directly attributed lo particular activitses they have been allocated on a basis consistent with the use of the resources. Fundraisir¢g costs are those incurred in seeking voluntsry contributions and do not indude the costs of disseminating infom)ation in support of the charrtable actNtiies. Support costs are those costs incurred directly in support of expenditure on the objects of the company and include project management. Governance costs are those incurred in connection wth administration of the company and compliance with constrtuts.onal and statutory requirements. Page 13
NEW JERUSALEM APOSTOLIC CHURCH Acom an limited b uarantee BIRMINGHAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022 Accounting Policies Icontinuedl 1.5 Tangible fixed assets and depreciation Tangible fLxed assets are stated al cost less depreciation. Depreciation is provided al rates calculated lo write off the cost of fixed assets, less their esbmated residual value, over their expected useful lives on the following bases.. Freehold propety Plant and machinery Motor vehicles Fixtures and fitttngs Computer equipment 2% Strah1 line 15QA reducing balance 15QA reduang balan 15.kn reduryng balance 25% reduung balan Voluntary Income Restricted Unrestricled Jnds funds 2022 2022 Total funds 2022 Total fvnds 2021 DonatKtns and legacies Gift aid 280,974 49.796 280.974 49,796 200,958 39,860 Voluntary income 330,770 330,770 240,818 Investment income Restn"cted Unrestncted funds funds 2022 2022 Total funds 2022 Total funds 2021 Rental income and lettings 4,089 4,089 1.978 Investment income 4,089 4,089 1.978 Actlvltes for generdtlng funds Restricted Unrestricted funds funds 2022 2022 Total funds 2022 Total funds 2021 Women of Purpose Eslherts Academy Mens department Mentoring 1,005 10,886 1,005 10,886 1671 8,853 Activites for generaling fvnds 11,891 11,891 10,524 Other income Restricted unrestn.cted fvjnds nds 2022 2022 Totsl funds 2022 Total funds 2021 Grant income 8.221 8,221 40,589 Other income 8.221 8,221 40,589 Page 14
NEW JERUSALEM APOSTOLIC CHURCH Acom BIRMINGHAM an limited b uarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022 Direct costs Totsl funds 2022 Total funds 2021 Donat'ons and sponspoship Welfare and hospitality Rent and lates Youth Ministry Women of Purpose Travel Traininglseminars Speaker expenses Estherfs Academy Mens department Staff costs 23,638 24.108 6,976 1,353 8,471 1,037 150 1,884 3,180 750 603 175 131,080 2,227 2.882 2,982 6,481 (Note 9) 143,C6 189.605 171,438 Support costs Total funds 2022 Tot81 funds 2021 Printing, postage and stationery Repairs and maintenance Telephone and fax Cleaning InsLJranc Accountancy Light and heat Travel Bank Charges Sundries Lease of equipment Loan Interest DepreciatDn 9,417 32,335 18.166 6.352 8,108 4,527 10,978 2,686 4,458 9,649 15,112 9,835 13,621 9.336 38.063 18,912 7,348 8.291 4,923 8,158 2,541 1,548 7,184 10,437 10,177 12,634 145,244 139,552 Governance costs Total funds 2022 Total fvnds 2021 Accountancy 2,500 2.500 Page 15
NEW JERUSALEM APOSTOLIC CHURCH Acom BIRMINGHAM an limited b uarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022 Nel income This is stated after charging". 2022 2021 Depreciation of tangible fixed assets.. Owned by the charity Independent eXaMineS fee 13.621 2.500 12,634 2,500 16,121 15, 134 10. staff costs 2022 2021 staff costs were as follows: Wages and salaries Social security costs Pension 132,442 122,395 6,177 2,508 2,780 143,066 131,080 The average monthly number of employees during the yeai was as folk)ws'. 2022 No. 2021 No. No employee received mUnera.0 amounb.ng to more than £60,000 in erther year. 11. Taxation The company 15 exempt from corporalton tax on its charitable activities. 12. Debtors 2022 2021 Other Debtors 33,965 46, 707 33.965 46, 707 Page 16
NEW JERUSALEM APOSTOLIC CHURCH Acom an limited b uarantee BIRMINGHAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022 13. CreditOf5: Amounts falling due wlthln one year 2022 2021 Bank loans and overdrafts Social Security and other tsxes Other loans Other creditors Accruals and deferred income 25.903 1,398 23,815 1,579 469 15,236 480 14,327 43.006 40,201 14. Creditors: Amounts falllng due after more than one year 2022 2021 Bank Loans 228,502 251.556 228,502 251,556 Creditors include amounts not wholly repayable within 5 years as follows". 2022 2027 Repayable by instsllments 130,723 120,282 130,723 120,282 The bank loan of £210.23812021 '. £225,371) is secured against the assets of the charitable company. Pa9e 17
NEW JERUSALEM APOSTOLIC CHURCH limited b BIRMINGHAM uarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022 15. Tangible fixed assets Freehold property Plant & machinery Motor vehicles Fixtures & fittings Cost Revaluab"on Additions 750.000 15,331 29.270 31,726 3.160 1,797 As at 31 May 2021 750,000 18,491 29,270 33,523 Doprociation Charge for the year 93.103 9.314 13,333 379 25,244 604 27,384 793 As at 31 May 2021 102,417 13,712 25,848 28,177 Net book value As at 31 May 2021 647,583 4,779 3,422 5,346 As at 31 May 2020 6,897 5.158 4,026 6,139 Computer equipment Total Cost Revaluation Additrons 35,022 861,349 5,328 10,285 As at 31 May 2021 40,350 871,634 Depreclatlon Charge for the year 27,562 2,756 186,626 13,844 As at 31 May 2021 30,318 200,470 Net book value As at 31 May 2021 4,704 671,164 As at 31 May 2020 7,460 674,723 The property was revalued to its fair value of £750,000 in May 2021, by Vail Williams LLP. Page 18
NEW JERUSALEM APOSTOLIC CHURCH Acom limited b uarantee BIRMIN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022 16. Statement of funds Brought fobward Incoming resources Resources expended Transfer of funds Carried forward Unrestricted funds General funds 180,565 343.080 (330,8681 192,777 Restricted funds Youth capital fund Music studio Women of Purpose Mens department Estheffs Academy 754 6,465 13,2181 13.5611 27,353 27,793 754 6,465 12,213) 13,561) 31,758 33.203 1,005 10,886 11,891 6,481 (6,4811 Total of funds 208,358 354,971 {337.3491 225,980 17. Anatysis of net assets between funds Restricted funds 2022 Unrestrlcted funds 2022 Total funds 2022 Total funds 2021 Tangible assets Current assets Creditors due within one year Creditors due more than one year Revaluation reserve 33,203 637,961 110,635 I43,0() {228,5021 (284.3111 671,164 110,635 143,006) 1228,5021 1284,311} 674,723 109,703 140,2011 1251,5561 1284,311 } 33,203 192,777 225,980 208,358 Page 19