2024-11-30-accounts

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REGISTERED CHARITY NUMBER: 1110428

JESUS RESTORATION CENTRE

REPORT AND FINANCIAL STATEMENT FOR THE (UNAUDITED)

YEAR ENDED 30[th] NOVEMBER 2024

J & T LEXINGTON SERVICES LIMITED

8 HOLME CLOSE REDHILL GRANGE WELLINGBOROUGH NN9 5YF

JESUS RESTORATION CENTRE

Page CONTENTS 1 Charity information 2 Independent Examiner’s report 3 Income and Expenditure Account 4 Balance Sheet 5 Notes to the Accounts 6 – 9

JESUS RESTORATION CENTRE

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number 1110428

Registered office 93 Kingsley Road Hounslow TW3 4AH

Trustees

Rev. Stephen Kasuvu Rev. Walter Orinda Mr. John Karita Kihu

Accountants

J & T Lexington Services Limited 8 Holme Close Redhill Grange Wellingborough NN9 5YF

JESUS RESTORATION CENTRE

TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30TH NOVEMBER 2024

The trustees have pleasure in presenting their report and the financial statements of the charity for the year ended 30th November 2024.

Jesus Restoration Centre has been operating as a registered charity within the UK since 20 th May 2005

STRUCTURE, GOVERNANCE AND MANAGEMENT

The governing document of the charity is the declaration of trust dated 20th May 2005 The charity appoints new trustees when required to strengthen the board and replace retiring trustees. New trustees are required to attend training sessions as part of the induction process. The charity has Committees, which meet periodically and which are responsible for the strategic direction and policy of the charity.

RESERVES STRATEGY

The trustees aim is to achieve unrestricted funds sufficient to cover the resources expended for a period of between three and four months. This is yet to be achieved.

RISK REVIEW

The trustees conduct periodic reviews of the major risks to which the charity is exposed and systems and procedures to manage those risks identified are implemented so as to minimise any potential impact on the charity should any of those risks materialise.

PUBLIC BENEFIT

The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that is for the public benefit. The Trustees confirm that they have paid due regard to the Charity Commission’s guidance on public benefit before deciding what activities the charity should undertake.

PRINCIPAL OBJECTIVES AND ACTIVITIES

The objects of the charity are set out in the constitution as follows:

To advance the Christian faith in accordance with the statement of beliefs in the United Kingdom and in such other parts of the world as the trustees may from time to time think fit and other such purposes which are exclusively charitable to according to the law of England and Wales and are connected to the charitable work of the charity

ACHIEVEMENTS AND PERFORMANCE

Rom. 11:36 declares that “For of Him, and through Him, and to Him, are all things; to whom be glory for ever. Amen”.

We give glory to God for the selfless voluntary services of all the trustees, all these spiritual activities have mended many broken families and given divine directions to many souls in every facet of life.

Baptism services for members were carried out in fulfilment of all the righteousness as laid down by our Lord Jesus Christ.

The Church had her Christmas Carol night in December which was a great success and well attended by people from other faiths within the community.

JESUS RESTORATION CENTRE

TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30[th] November 2024 (Continued)

Regarding the ministry finances in 2023/2024 the resources were used effectively to achieve the ministry objectives. The accounts show a deficit of £5,137, (previous year was a deficit of £10,061).

The Church could be seen from this report of achieving her objects of charity as set out in our constitution.

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

Charity law requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and the income and expenditure of the charity for that period. In preparing the accounts the charity is required to:

· Select suitable accounting policies and then apply them consistently

· Make judgements and estimates that are reasonable and prudent

· State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements

· Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in the business.

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable it to ensure that the financial statements comply with the Charities Act 1993 as amended by s.28 Of the Charities Act 2006.They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approval

This report was approved by the trustees on the ………………….. 2025.

And signed on their behalf by;

Rev. Stephen Kasuvu

TRUSTEE____

JESUS RESTORATION CENTRE

Independent Examiner’s Report To the Trustees

JESUS RESTORATION CENTRE

I report on the accounts of the church for the year ended 30[th] November 2024 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.

Respective responsibilities of trustees and examiner

The trustees of the charity are responsible for the preparation of the accounts. The charity’s trustee consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act), and that an independent examination is required.

Having satisfied myself that the charity is not subject to audit and is eligible for independent examination, it is my responsibility to:

1) Examine the accounts under section 145 of the 2011 Act.
2) Follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act) and
3) To state whether particular matters have come to my attention.

Basis of Independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the church and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts 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 I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met reasonable requirements to ensure that:
proper accounting records are kept (in accordance with section 41 of the Act)
accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act: or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Joseph Kinuthia C.P.A, DMS, MBA

J & T Lexington Services Ltd 8 Holme Close Redhill Grange Wellingborough NN9 5YF

JESUS RESTORATION CENTRE

Statement of financial activities for the year ended 30[th] November 2024 Incorporating the Income and Expenditure Account

Note Incoming Resources Incoming resources from generated funds Voluntary income 2 Gift aid accrued Interest income Total Incoming Resources Resources expended Charitable activities Repairs & maintenance Conferences, events & refreshments Rent & Rates Telephone, internet & web Media expenses Gift & Donations Salaries & wages Travel, Accommodation & Allowances Professional fees Utility bills Subsistence Insurance Printing, Stationery & Subscriptions Depreciation of fixed assets Governance costs 3 Total resources expended Net incoming/ (outgoing) resources Balances carried forward at 30th November 2024	2024 £ 100,400 23,926 183 124,509 630 4,540 39,661 2,806 39 5,822 13,766 14,394 5,087 6,261 25,991 407 3,321 2,521 125,246 400 125,646 (1,137) (1,137)	2023 £
		93,356 27,952 299
		121,607
		397 9,936 28,726 2,896 2,113 6,825 24,287 13,281 4,393 4,332 29,467 393 1,346 2,876
		131,268 400
		131,668
		(10,061) (10,061)

There were no recognised gains or losses in the year. All activities derive from continuing operations.

JESUS RESTORATION CENTRE

Balance Sheet as at 30[th] November 2024

Note Fixed assets Tangible fixed assets 4 Investment Current assets Debtors Cash at bank and in hand Creditors- amounts falling due within one year 5 Net current assets/(liabilities) Net assets Represented by: Funds of the charity Reserves Net incoming resources	23,926 6,955	2024 £ 18,296 123,649 30,481 172,426 173,563 (1,137) 172,426	2023 £
			20,817 119,649 27,952 5,545
	30,881		33,497
	(400)		(400)
			33,097 173,563
			183,624 (10,061)
			173,563

The financial statements were approved by the Trustees on ……………2025 and signed on their behalf by:

Rev. Stephen Kasuvu______

Trustee

JESUS RESTORATION CENTRE

Notes to the financial statements for the year ended 30[th] November 2024

1. Accounting policies

a) Accounting basis

These accounts have been prepared on the receipts and payments basis under section 42(3) of the Charities Act 1993 and the Statement of Recommended Practice on Accounting by Charities published in March 2008. The adoption of the revised SORP has resulted in reclassification of some items.

b) Incoming resources

i) Voluntary income

Voluntary income is received by way of Tithes offerings, donations and gifts and is included in full in the Statement of Financial Activities when receivable.

ii) Bank interest

Bank interest is included in the income and expenditure account on receipt.

c) Resources expended

All expenditure is accounted for on an accruals basis.

d) Fixed assets and depreciation

Fixed assets are included at cost. Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life using the reducing balance method.

Church van-25%. Equipments-12% Fixtures & fittings-6.5%

e) Restricted and unrestricted funds

Income received for restricted purposes is included in a separate restricted fund against which appropriate expenditure is allocated. Restricted funds are those funds which represent grants and donations for a specific purpose. Upon full performance of the purpose of the grant, any surplus is then retrievable by the donor. Income generated for the objects of the charity without further specified purpose is allocated to unrestricted funds. Accumulated surpluses may be retained by the church and are expendable at the discretion of the trustees in furtherance of the church’s objects. There were no restricted funds during the year.

JESUS RESTORATION CENTRE

Notes to the financial statements for the year ended 30[th] November 2024

1. Accounting policies (continued)

f) Designated funds

Designated funds are allocated out of unrestricted funds by the trustees for specific purposes. The use of such funds is at the trustees’ discretion. There were no designated funds during the year.

g) Irrecoverable VAT

The church is unable to recover VAT since it does not make taxable supplies. The cost of irrecoverable VAT is not separately analysed in the financial statements.

h) Cash Flow

The church has taken advantage of the exemptions in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small church.

2. Incoming resources from generated funds

Voluntary income Tithes and offerings	Unrestrict ed £ 100,400 100,400	Restric ted £ - -	Total funds 2024 £
			100,400
			100,400

JESUS RESTORATION CENTRE

Notes to the financial statements for the year ended 30[th] November 2024

3. Governance costs

Accountancy fees	£ 400
	400

4. Tangible fixed assets

Cost At 1stDecember 2023 Additions At 30thNovember 2024 Depreciation At 1stDecember 2023 Charge At 30thNovember 2024 Net book value 2024 Net book value 2023	Fixtures & Fittings £ 92 92 54 2 56 36 38	Church Van £ 7,802 - 7,802 7,606 49 7,655 147 196	Church Equipmen ts & Instrumen ts £ 48,086 - 48,086 27,503 2,470 29,973 18,113 20,583	Total £
				55,980 -
				55,980
				35,163 2,521
				37,684
				18,296
				20,817

JESUS RESTORATION CENTRE

Notes to the financial statements for the year ended 30[th] November 2024

5. Creditors – amounts falling due within one year

Creditors and accruals		2024 £ 400 400		2023
				£ 400
				400

JESUS RESTORATION CENTRE

YEAR ENDED 30[th] NOVEMBER 2024

JESUS RESTORATION CENTRE

REFERENCE AND ADMINISTRATIVE DETAILS

Trustees

Accountants

JESUS RESTORATION CENTRE

TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30TH NOVEMBER 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT

RESERVES STRATEGY

RISK REVIEW

PUBLIC BENEFIT

PRINCIPAL OBJECTIVES AND ACTIVITIES

ACHIEVEMENTS AND PERFORMANCE

JESUS RESTORATION CENTRE

TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30[th] November 2024 (Continued)

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

Approval

And signed on their behalf by;

JESUS RESTORATION CENTRE

JESUS RESTORATION CENTRE

Respective responsibilities of trustees and examiner

Basis of Independent examiner’s report

JESUS RESTORATION CENTRE

Statement of financial activities for the year ended 30[th] November 2024 Incorporating the Income and Expenditure Account

JESUS RESTORATION CENTRE

Balance Sheet as at 30[th] November 2024

Rev. Stephen Kasuvu______

JESUS RESTORATION CENTRE

Notes to the financial statements for the year ended 30[th] November 2024

1. Accounting policies

a) Accounting basis

b) Incoming resources

i) Voluntary income

ii) Bank interest

c) Resources expended

d) Fixed assets and depreciation

e) Restricted and unrestricted funds

JESUS RESTORATION CENTRE

1. Accounting policies (continued)

f) Designated funds

g) Irrecoverable VAT

h) Cash Flow

2. Incoming resources from generated funds

JESUS RESTORATION CENTRE

3. Governance costs

4. Tangible fixed assets

JESUS RESTORATION CENTRE

Notes to the financial statements for the year ended 30[th] November 2024

5. Creditors – amounts falling due within one year

6. Financial commitments

Capital Commitments

Operating lease commitments