Re9islered Charity Numbsr 1120734 NEW JERUSALEM CHURCH OF CHRIST Trustees Report and Financial Statements For The Year Ended 31 December 2022
NEW JERUSALEM CHURCH OF CHRIST Report and accounts Contsnts Page Charty inforrnahon Truste8s' Report Statement of Tru5tees' responsibilitios Independ8nt Examiner's report Staternent of Financial ActNities Balan sheet Noteslschedule tri the financlal stat8ments
NEW JERUSALEM CHURCH OF CHRIST Charity Infomiation Twsteos SPECIAL AA RABIU Th8resa Adigun Adedeji Balogun Indepgndent Examlner Daniel Dele-ojo FCCA Timi and Co. Charted Certffbd AGGountants Unit One Kings Eslalg Broadway Parade Homchurch RM12 4RS Prinelpal add$$ 51 Watermead Hous Homerton Road London E9 5RS Regl$tered number 1120734
NEW JERUSALEM CHURCH OF CHRIST Report of the Trustees The trustees present their annual report together with the financial statements of New Jerusalem Church of Christ (the charity) for the year ended 31 D8cember 2022. The TTUStees 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 Practi {SORPI "Accounting and ReF)Orting by Charities" issued in March 2005. New Jerusalem Church of Christ is a chanty and the Trustees of the charity exercise control. Review of Financial Position Please refer to the annexed accounts for the details of the financial statements for the year ended 31 December 2022. Reserves Policy The trustees would like to work towards a situation whereby the charity could maintain unrestricted funds at a level which equates to approximately three months of unrestricted expenditure. Risk managamont The trustees have a duty to identify and review the risks lo which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against traud and error. Future strategy and policy The trustees are satisfied that the charty has sufficient resources to maintsin its current activities and hope that the congregation will grow and increase naturally wth lime. Thè oryanlsatlon's prlnclpal objects continue to be: 1. To advance Christian religion by propagating the gospel of Jesus Christ and proclaiming the Kingdom of God through preaching the word of God 2. To advance such other charitable purposes as the Trustees shall detetmine particularly, but without prejudice to the genemlity of the foregoing, by relieving distress caused by disaster, povety and sickness 3. The advanment of Christian religion by the worship of God, the proclamation of the Holy Spirit and the Fellowship of Mankind.
NEW JERUSALEM CHURCH OF CHRIST ststement of Trustees. Responsibilities The Charities Act requires the Board of Trustees to prepare financial statements for each financial year which give a Irue and fair view of the slate of affairs of the Gharity as at the end of the financial year and of the surplus or deficit of the charity. In pr8paring those financial statements the Board is required to'.- select suitable accounting policies and then apply them consistently; make judgements and estimates that are reasonable and prudent", and prepare the financial statements on the going concem basis unless it is inappropriate lo presume that the charity will continue in business. state whether applicable accounting standards and statements of recommended practice have been followed, subject to any materrdl departures disclosed and explained in the financial statements., The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any lime the financial position of the charity and which are sufficient lo show and explain the charity's transactions and enable them lo ensure that the fi'nancial statements comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for tsking reasonable steps for the prevention and deteckn'on of fraud and other irregularrties. The trustees are also responsible for the contents of Ihe trustees, report, and the responsibility of the independent examiner in relats'on lo the trustees, report is limited to examining the report and ensuring that, on the face of the report there are no inconsistencies with the figures disclosed in the financial statements. This report was approved by the board of trustees on 18 October 2023 and signed on behalf by.. SPECIAL AA RABIU Trustee
NEW JERUSALEM CHURCH OF CHRIST Independent Examinerfs Report to the trustees of the charity Report of th¢ Ind?p¢ndent Examiner to the trustees on the flnanclal statements of the charity for the year ended 31 Decembor 2022 I report on the financial statemen18 of the Charity on for the year ended 31 December 2022 which have been prepared in accordance wilh the Charities Act 2011 and with the Financial Reporting Standard for Smaller Entities IFRSSEI, effective April 2008, adapted to m*t the needs of unineorporated organisations, as modified by the Statement of Recommended Practice for Accounting and Reporting issued 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 out. R•$pèctlve responslbllltles of trustees and examlner The Charity's trustees are responsible for the preparation of the financial statements. The trustees are satisfied that the audit requirement of Section 144111 of the Charities Act 2011 Ilhe Acll does not apply, and Ihat there is no requlrement in the governing document or constitution of the Charity for the conducting of an audit. As a consequen, the trustees have elected that the financial statements be subject to independent examination. Having satisfied myself that the charity is not subject to audit, and is eSigible for independent examination, it is my responsibility lo.. al examine the accounts under section 145 of the Act., bl lo follow the procedures laid down in the General Directions given by the Charity Commission under section 145151{bl of the Act". and.. cl to state whether particular matters have come to my attention. Basis of opinion and scope of work undertaken I conducted my examinab'on in accordance with the General Directions given by the Charity Cc)mmissioners for England & Wales in relation lo 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 Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning such matters. The purpose of the examination is to 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 test basis, of evidence relevant lo the amounts and disclosUS in the financial statements. The procedures undertaken do not provide all the evidence that would be required In an audit, and information supplied by the Iru5tees 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 th8 financial statements, and in particular, l express no opinion as lo whether the financial statements give a true and fair view of the affairs of the Charity, and my port is limited to the matters set out in the statement below. I planned and performed my examination so as lo satisfy myself that the objectives of the independent examination are achieved and before finalising the report l obtsin written assurances from the trustees of all material matters. Independent Examinerfs Statement. report •nd oplnlon Subject to the limitations upon the scope of my work as detailed above. in connection with my examination, I can confirm that this is a report in respect of an examination carried out under section 145 of the Act and in aordance with any directions glven by the Commission under subseclion15llbl of that secb'on which are applicable.,
NEW JERUSALEM CHURCH OF CHRIST and that, no matter has come to my attention in connection with my examination which gives me reasonable cause to believe that in any material respect the requirements li) to keep accounting records in accordance with section 130 of the Act., lil) to prepare financial statements which accord with the accounts'ng records and Gomply with the accounting qUirements of the Act and., liiil that the financial statements be prepared in accordan with the methods and principles set out in the Statement of Recommended Practice- Accounting and Reporting by Charities have nol been met,. or to which, in ry opinion, attention should be drawn in my report in order to enable a proper understanding of the accounts to be reached,. Daniel Dele-ojo Timi and Co. Chartered Certified Accountants Unil One Kings Estate Broadway Parade Homchurch RM12 4RS The date upon which my opinion is expressed is on 18 October 2023
MEW JERUSALEM CHURCH OF CHRIST statement of Financial Activities for th? y•ar ended 31 Dec&mbèr 2022 Unrt8trict•d Re8trfcted Total LftstYe8r Fund8 Fund Funds Totsl Fund Not*s 2022 2022 2022 2021 Incoming rwJource$ Incomins¥ resources from g•nératod fvnds Voluntary Income 57.277 44.836 44.896 57.277 Total ineomlng resourc•s 4,836 44,836 Costs of ¢harltabh activille8 Governan¢e costs 40.T51 1.000 40.751 1,000 54,899 1,000 Total rnsoureos expondgd 41,751 41,751 55,899 N•t In¢omlng rosources b8fore transfers between fund# 3,085 3.08S 1.378 Net incoming rosources lore Other r•cognlsed gains and Iossos 3.085 1.378 Ngt mov&ment In fvnds 3,085 3,085 1.378 Total fvftds brought forward Total Funds ¢arried forward 8.439 6A39 7.061 11.524 11,524
NEW JERUSALEM CHURCH OF CHRIST Balance Sheet as at 31 tkc8mber 2022 Not•8 2022 2021 The assets and Ilabllltl•s ofthw charlty.. Curr8nta$sots Cash at bank and In hand 11,524 8.439 8.439 14étcurrgntas$8ls 11,524 Totsiassets less CUF?rtIAbIIItI•s 11.524 8,439 Net assets Tlya fun(ts of th• charity.. Unrestricted Incorng fun(ts Unre51ricleO revenue 3Lcumulatsd funds 11,524 8.439 Totsl unr•strfctod lunds 11,524 8.439 Total eharlty fvnd8 11.524 8,439 SPECIAL AA RABIU Tru8t•• Approv8d bytha bord ottrLlSt805 on 18 Odober2023
NEW JERUSALEM CHURCH OF CHRIST Notes to the Fin al Statements for the eare 1 December 2022 1. ACCOUNTING POLICIES Aecountlng convontlon The financial slalemenls have been prepared in a¢¢ordance wth the Finanaal Reporting Standard for Smaller Entities IFRSSEI. effective April 2008. and all other applicable accounting stsndards, as m(*Jified by the Statement of Recommendeil Practtce for Accounting and Reporttng issued by the Charity Commissioners for England & Wales, (revised June 2(KJ81. In¢ominy rnsources All incoming iesour¢es are induded on the Statement of Financial A¢tivitie$ when the chaity is legally entilled lo the in¢oma and the amunt can be quantified with reasonable accuracy. Resources expendèd Expenditur8 15 accounted for on an accruals basis and has b&8n cLassified under headings that aggregate all cost related lo the category. there costs cannot be directty attttbuted lo particular headings they have been allocated to activities on a basis eonsistenl wrth the use of resources. Taxatlon charity is èxempt from tax on ils charitablg activiti6s. Fund accounting Unrestricted funds can be usgj in ac£ordance wilh the tharilable objeth.ves * the discretion of the Irusleas. Restricied funds can onty te used for particular restricted purposes wf(hin the objects of the ch8rity. Restrictions arise when spe(ified by the donor or when fvnds afe raised for particular restricted purposes. Further explanarI of the natu atyl purpose of each fund is incauded in tho notes to the financial statgmonls. Hlr¢ pur¢hase and leaslng commitments Rentals paid under operating SeS are charged to the statements of finanrAal activities on a straight line basis over the period of the lease. 2. TRUSTEES, REMUNERATION AND BENEFITS There were no trustges, remungratSon or other benefits for the year ended 31 December 2022 nor for the year 8nd8d 31 Decembef 2021. Trustees, Expenses There were no trustees, expenses pald neilhw for the year ended 31 December 2022 nor for the year ended 31 December 2021.
NEW JERUSALEM CHURCH OF CHRIST Schedule to the Ststement of Flnanclal Actlvltles forthe year ended 31 December 2022 status of this schedule to the Statement of Financial Activitles The schedules on the followlng pages are required by the disdosure requirements of the Statement of Recommended Practice for Accounting an¢J Reporting issued by the Charity Commissioners for England & Wales, effective April 2005 and revised in June 2008. As such, they form a part of the accounts required by th8 Charities (Accounts and Reports) Regulations 2008. Unrestrlcted Restrlcted Funds Funds 2022 2022 Totsl Funds 2022 Prior Pèriod Totsl Funds 2021 Incoming Resources Voluntary Income Donations Grft ReceÉvable Totsl Total Donations Receivod 34.841 9,995 34,841 9,995 44,836 44,836 46,371 10,906 44,836 57,277 Total Voluntary Income 44,836 44,836 57.277 Total Incomlng Resources 44,836 44,836 57,277 Charitsble expendlture Support costs of charitable activiti8s DITrect support eosts Volunteers, Costs 2,169 3,186 5.355 2,169 3,186 5.355 4,156 4,879 9,035 Travel and Subsistence- Charitable Activities Management andadministration costs In support of charitable activilies staff costs in support of charital)le adivities Premises Costs Rent payable Cleaning Premises repairs and renewals 24,076 2,263 5.045 31.384 24,076 2,263 5,045 31,384 24,076 3,002 6,852 33.930 Generaladmlnlstrodve PenSeS.. Telephone and fax stab'onery and printing Admin costs spare {1) 984 984 1.568 1,351 9,015 11.934 822 822 2,206 4012 2,206 4.012
NEW JERUSALEM CHURCH OF CHRIST Schedule to the Statement of Financial Activities for the year ended 31 December 2022 ststus of this schedule to the Ststement of Flnancial Actlvitles The schedules on the followng pages are required by the disclosu requirements of the Statement of Recommended Prath' for Accounting and Reporting issued by the Charty Commissioners for England & Wales. effective ADril 2005 and revised in June 2008. As such, thèy fomi 8 part of the accounts required by the Charities (Accounts and Reports} Regulations 2008. Unrestrlcted Restrlthd Total Funds Funds Funds 2022 2022 2022 Prlor Period Total Funds 2021 Totsl Support co$ts 40,751 40,761 64,899 Support costs forgrants pald Total Expended on Charitable Activities 40,751 40,751 54,899 Goveman¢o Costs that arn not dIt managèmont functions inherent in generating funds, service delivery and programme orproject work Specific governanc• costs Independent Examiner's F88S 1,000 1,000 1.000 Totsl governance costs 1.000 1,000 1,000