Registered Charity Number 1120734 NEW JERUSALEM CHURCH OF CHRIST Trustees Report and Financial Statements For The Year Ended 31 Dernber 2021
NEW JERUSALEM CHURCH OF CHRIST Report and accounts Contents Page Charity infonrtat¢on Trustees. Rep)rt statement of Trustees. responsibilities Independent Examinevs report Statement of Financial Activities Balance sheet Noteslschedule to the financial statements
NEW JERUSALEM CHURCH OF CHRIST Charity Information Trn6te88 SPECIAL A A RABIU Theresa Adigun Adedeji Balogun Ind•p•ndgnt Examlner Daniel Dele-ojo FCCA Timi and Co. Chartered Certified Accountants Arundel Business Centre 49 Station Road Harold Wood Romford RM3 OBS Principal addross 51 Watermead House Homerton Road London E9 5RS Roglstergd numbor 1120734
NEW JERUSALEM CHURCH OF CHRIST Report of the Trustse8 The trustees present their annual rewrt together with the financial ststements of New Jerusalem Church of Christ {the charity} for the year ended 31 December 2021. The Trustees confirm that the annual report and financial statements of the charity comply with the Current statutory requirements, the requirements of the charity's goveming document and the provisions of the Statement of Recommended Practice ISORPI 'Accounling and Reporting by Charities. issued in March 2005. New Jerusa18m Church of Christ is a charity and tho Truste&s of the charty exercise eontrol. Roviow of Financlal Posltlon Please refer lo the annexed accounts for the details of the finanGial statements for the year ended 31 Dember 2021. Ra88rv Pollcy The trustees would like to work towards a situation WhebY the charity could maintain unrestricted funds at a level which equates to approximately three months of unrestricted expenditure. Risk management The trustees have a duty to identify and review the risks lo which the ¢harity is exposed and to ensu appropriate conlrols are in place to provide reasonable assurance against fraud and 8rror_ Futuro $tralegy and pollcy The trustees are Satisf that the charity has sufficient resour to maintsln its current tivities and hope that the congregation will grow and increase naturally whh time. The organlsatlon's prfnclpal objects contlnue to bo: 1. To advance Christian religion by propagating the gospel of Jesus Chrlst and proclaiming the lQ'ngdom of God through preaching the word of God 2. To advance such other charitable purposes as the Twstees shall determine particularly, but without Prejudi to the generality of the foregoing, by relieving distress caused by disaster, povety and sickness 3. The advancement of Christian religion by the worship of God, the proclamatlon of the Holy Spirit and the Fellowship of Mankind.
NEW JERUSALEM CHURCH OF CHRIST Statement of Trustses, Responsibilities The Charities Act requires the Board of Trustees to prepare financial statements for each financial year which give a true and fair vlew of the state of affairs of the charity as at the end of Ihe financial year and of the surplus or deficit of the charlty. In preparing those financial statements the Board is required to.'- select suitable accounting policies and then apply them consislenlty., - make judgements and esttmates that are reasonable and prudentr, and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. state whether applicable accounting stsndard$ and ststsments of recommended practice have been followed. subject lo any material departures disclosed and explained in the financial statements., The Trustees are also responsible for maintaining adequate accounting records which disclose wrth reasonable accuracy at any time the financial positlon of the charity and whlch are sufficient to show and explain the charity's transactions and enable them to ensure that the financial Statements comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hen for taking reasonable steps for the prevention and deteclron of fraud and other irregularities. The trustees are a responsible for the contents oflhe trustees, repo¢ and the responsibility of the independenl examiner in relatson lo the trustees. report is limited to examining the report and ensuring that, on the face of the reporL there are no inconsistencies wrth the figures disclosed in the financial statements. This report was approved by the board oftrustees on 10 November 2022 and signed on rts behalf by.. SPECIAL AA RABIU Trustee
NEW JERUSALEM CHURCH OF CHRIST Independent Examinerfs Report to the trustees of Ihe charlty Report of tho Independent Examlner to the tN$teos on the flnancial ststements of the charlty for the year ènded 31 Docomber 2021 I report on the financial statements of the Chanty on for the year énded 31 December 2021 which have been prepared in accordan with the Charities Act 2011 and with the Financial Reporting Standard for Smaller Entities IFRSSE), effe¢tive April 2008, adapted to meet the needs of unincorporated organisations, as modified by the Statement of Recommended Pradice for Accounting and Reporting Èssued by the Charity Commissioners for England & Wales, effective April 2005 as revised in June 2008. (The SORPI, under the historical cost convention and the accounting policies set oul. Respoctlve re8ponslbllltl88 of trustee8 and examlner The Charity's trustees are responsible for the preparation of the finanaal statements. Tho trustees are satisfied that the audit requirement of Section 144111 of Ihe Charities Act 2011 (the Acll does not appty, and that there is no requirement in the governing document or constitution of the Charity for the condLKting of an audit. As a consequence, the trustees have elected that the financial ststements be subject to independent examination. Having satisfied myself that the charity is not subject to audit, and is eligible for indepgndent examination, it is my responsibility to.. a} examine the aceounts under section 145 of the Act., b} to follow the procedures laid down in the General DireGtions given by the Char Commission under section 1451Sllbl of the ACL and- c} to state whether PartUl¥r rrterS have come to my attentton. Ba8ls of opinion and scope of work undertakfrn I conducted my examinalion in accordance with the General Directions given by the Charity Commissioners for England & Wales in relation to the conducting of an independent examination, referred to above. An independent examination includes a review of the accounting records kept by the Charity and of the accounting systems employed by the Charty and a comparison of the financial statements presented with those records. It al$0 includes considerats'on of any unusual iteTns or di8Glosures in the financial statements, and seeking explanations from you as trustees concerning such matters. The purpose of the examination is lo establish as far as possible that there have been no breaches of the Charities legislation and that the financial statements comply with the SORP, on a lest basis, of evidence relevant to the amounts and disclosures in the financial slatements. The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the trustees in the course of the examination is not subjected lo audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the financial statements, and in parbcular, l express no opinion as to whether the financial statements give a true and fair view of the affairs of the ¢harity, and my report is limited to the matters set out in the statement below. I planned and perfomied my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report l obtain written assurances from the tru8tees of all material matters. Independent Examlnefs Statemen( roport and opinion Subject lo the limitations uwn the scope of my work a5 detailed above, in connoction with my exarnination, I can confim that this is a report in respect of an examination carried out under section 145 of the Act and in accordance with any directions given by the Commission under subsection 15llb} of that section which are appliGable-
NEW JERUSALEM CHURCH OF CHRIST and tha( no matter has come to my attention in connection with my examination whh gives mg reasonable cause to believe that in any material respect the requirements li} to keep accounting records In accordance with section 130 of the Act,. {iil to prepare financial statements which accord with the accounting records and compty wf(h the accounting requirements of the Act and., lili} that the financial statements be prepared in accordance wth the methods and principles set out in the Statement of Rrnmended Practice- Accountin9 and Reporting by Charities have not been met,. or to which, in my opinion, attention should be drawn in my report in order to enable a proper understsnding ofthe accounts to be reached.. Daniel Del&Ojo Timi and Co_ Chartered Certified Accountants Arundel Business Centre 49 Station Road Harold Wood Romford RM3 OBS The date upon which my opinich) is expressed is on 10 November 2022
NEW JERUSALEM CHURCH OF CHRIST Statement of Financial Actlvltles for the year ended 31 December 2021 Unre8trlcted Re8trlcted Total Last Year Funds Fund8 Funds Total Funds 2021 2021 2021 2020 Incoming rewurces Incoming resources from goneratsdfunds Voluntary Income 57,277 57,277 53,789 Total inc<Hning resources 67,277 $7.277 53.789 Costs of charftable a¢tivlll•s Goveman¢e costs 54.899 1.000 54.899 1,000 52.283 1,000 Totsl resources exnded $5.899 55,899 53,283 Net Incoming resources before transfer5 between fund$ 1.378 1,378 506 Net Incoming resources before Other r¢¢ognised gains and losse• 1,378 1,378 506 Net movement in funds 1.378 1.378 Total funds bnwht fonvard 7,(61 7.061 6,555 Total Funds carrfed foThvard 8N30 7,061
NEW JERUSALEM CHURCH OF CHRIST Balanca Sheet as at 31 December 2021 Nots8 2021 2020 The ass¢ts w•bUllIeS of the clmrlty." Current a88•ts Cash al bank and in haTrJ 7.061 Net¢utYentassets 8.439 7.IA1 Totalass•ts ewrentiiabililies 8,439 7,061 Not as80ts Th¢ fvnds ofthe ¢hwity.' Unrestrtcted In¢om• fvnd• Unrestricted revenue accumulatad funds 8,439 7,1 Total unr08trfict•d fvnds 8.439 7.081 Total charlty funds 7.061 SPECIAL A A RABIU Trustee Approved by th• bo•rd of tru•teeB on 10 Ilovember 2022
NEW JERUSALEM CHURCH OF CHRIST Notes to the Financial Statements for the ear ended 31 D cem er2 21 1. ACCOUNTING POLICIES Accounting ¢oAv•ntion The finanoal statements have been prepared in accordance with the Financial Reporting Stsndard for Smaller Entr(bs IFRSSEI, effectNe April 2(K)8, and 811 olher8pplitxble a¢xounling stsndards. as modified by the Stslement of Recommended Pra¢tice for ALzounting and Reporting issued by the Charity Commissioners lor EnglarJ & Wales, {wise(l June 2C#)81. In¢omlng r080urce8 All incoming resources are induded on the Stat8m8nt of Finanal Activittes when the chaTty 1$ legally 111 lo the income and thè amount can be quantified with reasonable acujratry. R68ourceb expended Expenditure is acwunted for on an accrua18 basis and has been cla8$ffled under headinos that aggregate all eost related to the tgory. ere costs cannot be directly attribLrted to pathcular headings they have been allocated lo actlthes on a b8818 consistent with the use of resources. Taxati¢)n The ¢h8rty 18 exempt from tsx on tts eh8ritaL4e tttle$. Fund a¢¢ountlng untricted fund5 can be used in ac£ordance with tho charitaNe o*edive$ atth& discrfjti ofthg trustee$. R&slrict8d fund$ can only be used for pafbcular festricted PUTpose5 within the objects of the charity. Restri(#ions 8rise when speCifd by the donor or when funds are raised for parttcular restricted purpos6S. Furth¥r sxF4anation ofthe nature and pUoSe of each fund Is induded In the notes to the finanual statement8. Hire purchas• and l•asing eommilments Rentals paid under operats.ng leases are ¢h8rwl tr) Iho statgment8 of11n8n1>81 aCtive$ on 8 8tralght linè bas19 over Ihe period of the l&as8. 2. TRUSTEES, REMUNERATION AND BENEFITS There wer¢ no trusle08' remeratiOn or other benefrts forthe yr end&J 31 December 2021 nor for the year ended 31 December 2020. Tru8tse#' Expon8e$ There were no trust6as' éxpenses paKI neither for the year ended 31 December 2021 norfor Ihg year ended 31 Oe¢ember 2020.
NEW JERUSALEM CHURCH OF CHRIST Schedule to the Statement of Flnancial Actlvlti for the year ended 31 December 2021 StsIu8 of thls schedule to the Pjtatement of Flnanclal A¢tivill•s The sthedules on th8 following pages are required by the di5dosure requirements of tho Statement of Recommended Practice for Accounting and Reporting issued by the Charty Commi$3ioners for England & Wales. effective April 2005 and ViSed in June 2008. As such, W f(Km a part of the accounts required by the Charities {Arunts and Reports) Regulati$ 2008. Unrestrfctsd Restrlctsd Totsl Funds Funds Funds 2021 2021 2021 Prfor Perfod Totsl Funds 2020 InGomlng Resources Voluntary Income Dortrations Gift Aid Receivable Totsl Total Donatlons Received 46.371 10,g06 46.371 10,906 57.277 41,923 11,868 63.789 53,789 67.277 Total Voluntary Income 57.277 57,277 53.789 Total Incomlng Resources 57.277 57,277 63,789 Charltable expendlture Support costs of charitable athltles Dlrnet SUPPQrtcosts Volunteers, Costs Travel and Subsistents- Charitable Acti88 4,156 4.879 9,035 4,156 4,879 3,975 4,596 Management and admlnlslrntion costs in support of Charftable activttiès Prnmis•s Costs Rent payable Cleaning Premi8e8 repairs and renewals 24.076 3,002 6,852 33,930 24,076 3,002 8,852 33.930 24.076 2.746 5,789 TePhon ond fax Stationery and printing Admin costs spare11) 1,568 1.351 9.015 11.&34 1,568 1,351 1,294 1,134 8,673
NEW JERUSALEM CHURCH OF CHRIST 8¢hedule to the Statement of Flnancial Actlvities for the year ended 31 December 2021 Status of scheduk to the Ststement of Flnancial Activitiey The schedules on the following pages are required by the discfosure requirements of the Statement of R8commended Pracliee for Accounting and Reporting 188ued by the Charity Commissioners for England & Wales, effective April 2005 and remsed in June 2008. As suth, they form a part ofthe a¢Gounts required by the Charities (Acwunts and Reports) Regulalions 2008. Unrestrlcted Restrlcted Totsl Funds Funds Funds 2021 2021 2021 PrfoT Perlod Total Funds 2020 Totsl Support costs 64.899 62.283 Support costs ftirgrants pald Total Expend on Charltable Actjvltles 54,899 54,899 52,283 Governance costs that arn not dlreet managenwit function$ inherènt in generating funds, serylce dellvery andprogramme orpmie¢t work Speclflc governance costs Independent Examlnels Fee$ 1,000 1,000 1,000 Total governance costs 1.000 1.IXIO 1.000 10