2020-12-31-accounts - Jews For Jesus

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Council of	Reference	M Goldsmith
		L Bowring
		R Gidoomal
		LSinglehurst
		SGauluoger
		JEdwards
		JLamb
		M Greene
		JJohn
		G Goatee
		R TKendall
European	Board	FVarak
		D Brickner
		SPerlman
		DSered
		AAbramson
		KJPeat
		FBlum
		H Rietveld
		RLorenz
		JCooke
		AKapocs
		KD Passen
Trustees		P Berasford
		F Blum
		KJPeat
		I Howard	(APPointed 24April 2020)
		AAbramson	(Appointed 23 July 2020)
UK Director		R Harvey
Charity number		1110425
Company	number	05362994

Registered	office	P0Box529
		Potters Bsr
		London
		EN6 9HL
Independent	examiner	John Caladine		FCCA CTA FCIE
		Caladine Limited
		Chantry House
		22 Upperton	Road
		Eastboume
		East Sussex
		BN21 1BF
Bankem		HSBC
		789 High Road
		North Finchley
		London
		N12 8JX
Solicitors		Wellers Law	Group LLP
		65 Leadenhall		Street
		London
		EC3A 2AD
Investment	advisors	Epworth Investment			Management
		9 Bonhill Street
		London
		EC2A4PE

			Page
Trustees'	report		1-3
Independent examiner's report
Statement	offinancial	activities
Statement	offinancial	position	6-7
Statement	ofcash flows
Notes to	the financial	statements	9-22

				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				funds	funds		funds	funds
				2020	2020	2020	2019	2019	2019
			Notes	6	6	8	6	6
tuggmfmtm
Donations and gifts				765,911		765,911	655,379		655,379
Charitable acfivities				537		537	6,960		6,960
Other trading activities				21,975		21,975
Investments				10,278	4,812	15,090	16,870	7,953	24,823
Sundry income				25,000		25,000
Total income				823,701	4,812	828,513	679,209	7,953	687,162
Raising funds			8	46,878		46,878	37,150		37,150
Charitable activities				784,296		784,296	657,044		657,044
Total resources
expended				831,174		831,174	694,194		694,194
Net gains/(losses)		on
investments			14	(29,402)	(14,076)	(43,478)	68,179	33,611	101,790
Net movement	ln	funds		(36,875)	(9,264)	(46,139)	53,194	41,564	94,758
Fund balances at 1
January 2020				905,962	325,311	1,231,273	852,768	283,747	1,136,515
Fund balances	at	31
December 2020				869,087	316,047	1,185,134	905,962	325,311	1,231,273

			2020		2019
		Notes	6		6
Fixed assets
Property, plant and equipment Investments		15 16		5,226 916,752		9,234 948,938
				921,978		958,172
Current assets
Inventories		17	13,806		13,911
Trade and other receivables		18	47,148		55,991
Cash at bank and in	hand		235,392		241,192
			298,144		311,094
Current liabilities		19	(32,988)		(37,993)
Net current assets				263,156		273,101
Total assets less current liabilities				1,185,134		1,231,273
Income funds
Restricted funds		21		316,047		325,311
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Designated funds:
Legacy reserve fund			233,200		238,920
		22	233,200		238,920
General unrestricted	funds		635,887		667,042
				869,087		905,962
				1,185,134		1,231,273

				2020		2019
			Notes			6
Cash flows from operating activities Cash absorbed by operations			27		(9,597)		(24,718)
Investing	activities
Purchase	of property, plant and equipment					(10,823)
Purchase	of inveshnents			(654,668)		(974,303)
Proceeds	on disposal of investments			643,375		980,776
Investment	income received			15,090		24,823
Net cash activities	generated from investing				3,797		20,473
Net cash	used in financing	activities
Net decrease in cash and		cash equivalents			(5,800)		(4,245)
Cash and	cash equivalents	at beginning	ofyear		241,192		245,437
Cash and	cash equivalents	at end ofyear			235,392		241,192

Donations	and giga (Continu	ed)
			2020	2019
				F
Donations	and giga
Donations	from individuals		454,327	457,039
Regular Church support			39,414	48,800
Donations	at Church meetings		1,543	12,478
Gift Aid recovered			48,320	44,853
Jews For	Jesus International	income	187,371	62,252
			730,975	625,422

4	Charitable	activities
							2020	2019
							8
	Sales ofproducts						537	6,960
5	Other trading activities
						Unrestricted		Total
							funds
							2020	2019
							6	F
	Rental income						21,975
6	Investments
			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2020 6	2020 6	2020 6	2019 f	2019 6	2019 6
	Dividends	receivable	10,101	4,766	14,867	16,041	7,914	23,955
	Interest receivable		177	46	223	829	39	868
			10,278	4,812	15,090	16,870	7,953	24,823

7	Sundry income	Sundry income
			Unrestricted	Total
			funds
			2020	2019
			2	2
	Government	support grant	25,000
8	Raising funds
			Unrestricted	Unrestricted
			funds	funds
			2020	2019
	Newsletter	and mailings	46,809	32,467
	Promotion	and advertising	69	26
	Events			387
	Staffcosts			4,270
	Fundraising	and publicity	46.878	37,150
			46,878	37,150

				2020f	2019f
	Staff costs			322,904	180,451
	Depreciation and impairment Staff life insurance			4,008 350	5,982 392
	Missionary travel, accommodation Product costs (adjusted for stock Rent and lease premium	and subsistence movements)		10,416 306 35,944	32,881 3,771 34,812
	Service charge and maintenance Light, heat, rates and water Insurance			3,047 424 2,823	6,794 4,275 3,181
	Other evangelism costs Subscdptions			705 829	5,179 1,289
				381,756	278,987
	Grant funding ofactivities (see note 10)			151,188	157,049
	Share ofsupport costs (see note Share ofgovernance costs (see	11) note 11)		218,037 33,315	200,789 20,219
				784,296	857,044
	Analysis by fund Unrestricted funds			784,296	657,044
10	Grants payable
				2020f	2019f
	Grants to institutions:
	Funding ofJews for Jesus missionaries		abroad	151,188	157,009
	Grants to individuals				40
				151,188	157,049

Support costs
	Support	Governance		Total	Support	Governance	Total
	costa	costs		2020	costs	costs	2019
	8		6	E	E
Staffcosts	142,408			142,408	127,331		127,331
Outside ofhce service
provider	58,612			58,612	50,591		50,591
Printing, postage and
stationery	7,984			7,984	5,889		5,889
Telephone and internet	3,896			3,896	5,314		5,314
Bank and credit card
charges	2,487			2,487	4,331		4,331
Equipment repairs and
renewals	510			510	1,264		1,284
Supporttraining	1,825			1,825	3,323		3,323
Sundry	315			315	1,673		1,673
Consultancy					1,073		1,073
Independent
Examination (2019
Audit)		960		960		2,400	2,400
Legal and professional		19,875		19,875		12,455	12,455
Accountancy and payroll		4,080		4,080		5,364	5,364
Bookkeeping		8,400		8,400
	218,037	33,315		251,352	200,789	20,219	221,008
Charitable activities	218,037	33,315		251,352	200,789	20,219	221,008

Employees	(Continued)
Employment	costs	2020 9	2019
Wages and	salaries	394,762	261,997
Social security costs		35,339	24,870
Other pension costs		35,211	25,185
		465,312	312,052

	The number	ofemp	loye	es whose annual	remuneration	was F60,000	or more were	:
								2020	2019
								Number	Number
	660,000 - E69,999							1
14	Net gains/(losses)		on	Investments
				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				funds	funds		funds	funds
				2020	2020	2020	2019	2019	2019
				6		6	5	6	5
	Revaluation	of
	investments			39,689	18,600	58,289	28,422	14,163	42,585
	Gain/(loss) investments	on sale	of	(69,091)	(32,576)	(101.767)	39,757	19,448	59205
				(29,402)	(14,076)	(43.478)	68,179	33,611	101,790

15	Properly, plant and equipment	Properly, plant and equipment
			Leasehold	Computer	ONce,	Total
			Improvements	equipment	fixtures and
					equipment
				K	6
	Cost
	At 1 January 2020		102,412	13,918	21,983	138,293
	At 31 December 2020		102,412	13,918	21,963	138,293
	Depreciation and impairment
	At 1 January 2020		102,412	4,684	21,963	129,059
	Depreciation charged	in the year		4,008		4,008
	At 31 December 2020		102,412	8,692	21,983	133,067
	Carrying amount
	At 31 December 2020			5,226		5,226
	At 31 December 2019			9,234		9,234
16	Fixed asset investments
						Listed
					investments
						6
	Cost orvaluation
	At 1 January 2020					948,938
	Additions					654,eee
	Veluation changes					58,288
	Disposals					(745,142)
	At 31 December 2020					916,752
	Carrying amount
	At 31 December 2020					916,752
	At 31 December 2019					948,938

17	Inventories
				2020	2019
				6	6
	Finished goods and goods for resale			13,606	13,911
	Stock represents	books, CDs and DVDs for resale.
18	Trade and other	mceivables
				2020	2019
	Amounts falfing	due within one year:		6	6
	Other receivables			27,521	32,400
	Prepayments and	accrued income		19,625	23,591
				47,146	55,991
19	Current liablgtles			2020	2019
			Notes	6	F
	Other taxation and social security				11,263
	Deferred income			8,358
	Trade payables Other payables Accruals			2,884 14,753 6,993	1,895 16,164 8,671
				32,988	37,993

				Movement	in funds		Movement	in funds
			Balance at	Income	Revaluation	Balance at	Income	Revaluation	Balance at
		1	January 2010			1January 2020			31December
									2020
							f	6	8
Old	Building
fund			199,828	5,602	23,684	229,114	3,388	(9,904)	222,598
New	Building
fund			83,919	2,351	9,927	96,197	1,424	(4,172)	93,449
			283,747	7,953	33,611	325,311	4,812	(14,076)	316,047

Analysis	ofnet as	sets between funds	sets between funds
		Unrestricted		Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2020	2020	2020	2019	2019	2019
			8	8	8	8	8	E
Fund balances are		represented	by:
Properly,	plant and
equipment			5,226		5,226	9,234		9,234
Investments			609,307	307,445	916,752	633,072	315,866	948,938
Current assetsl
(liabilities)			254,554	8,602	263,156	263,658	9,445	273,101
			869,087	316,047	1,185,134	905,962	325,311	1,231,273

	2020	2019
	8	6
Within one year	31,000	31,000
Between two and five years	85,250	116,250
	116,250	147,250

		2020	2019
		8	8
Aggregate	compensation	65,152	63,588

	There sre various transactions with othe disdosure is considered not material.	r Jews for J	esus organisations	throughout the world	for which
27	Cash generated from operations			2020 6	2019 8
	(Deficit)/surplus for the year			(48,139)	94,758
	Adjustments for:
	Investment income recognised in statement cffinsncial		activities	(15,090)	(24,823)
	Loss/(gain) on disposal ofinvestments			101,787	(59,205)
	Fair value gains and losses on investments			(58,289)	(42,585)
	Depreciation and impairment of property,	plant and equipment		4,008	5,962
	Movements in working capital:
	Decrease in inventories			305	2,348
	Decrease/(increase) in trade and other receivables			8,848	(3,997)
	(Decrease)/increase in trade and other payables			(13,363)	2,824
	Increase in deferred income			8,358
	Cash absorbed by operations			(9,597)	(24,718)
28	Analysis ofchanges in net funds
	The trust had no debt during the year.