Registered Charity Number 1120734 NEW JERUSALEM CHURCH OF CHRIST Trustees Report and Financial Statements For The Year Ended 31 December 2023
NEW JERUSALEM CHURCH OF CHRIST Report and accounts Contents Page Charity infomialion Trustees, Report statement of Truslees. responsibilities Independent Examinerfs report Statement of Financial Activities Balance sheet Notsslschedule to the financial statements
NEW JERUSALEM CHURCH OF CHRIST Charity Infomiation Tru$taO8 SPECIAL A A RABIU Theresa Adigun Ad8d8ji Balogun Independent Examiner Daniel Del&Ojo FCCA Timi and Co. Chartered Cerbfied Accountants Unit One Kings Estate Broadway Parade Homchurch RM12 4RS Principal addr9$$ 51 Watermead House Homerton Road London E9 5RS Registered 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 December 2015. The Trustees confirm that the annual report and financial statements of the charity comply with the current stalulory requirements, the requirements of the charty's governing document and the provisions of the Statement of Recommended Practice ISORPI 'Ac¢ounting and Reporting by Charities" issued In March 2005. New Jerusalem Church of Christ is a charity and the Trustees of the charity exercise control. The organisation's principal 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 determine particularly, bLrt without prejudice to the generality ol the foregoing, by relieving distress caused by disaster, poverty and sickness 3. The advancement of Christian religion by the worship of God, the proclamation of the Holy Spirit and the Fellowship of Mankind
NEW JERUSALEM CHURCH OF CHRIST Statomont of Trustaos, Responsibilities The Char.eS Act requires the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the stale of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the 8oard is required to.- select suitable accounting policies and then apply them consistently., make judgements and eslimalgs that are reawnable and prudent., and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in busines5. slate whether applicable accounting standards and statements 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 with reasonable accuracy at any time the financial pos¢tion of the charity and whtch are sufficient to show and explain the charity's transactions and enable them to ensure that the financial ststements comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Injstees are also responsible for the contents of the trustees, report, and the responsibility of the independent examiner in relation lo the ttustees, report is limited to examining the report and ensuring that, on the face of the report, there are llo inwnsistencies with the figures disclosed in the financial statements. This report was approved by the board of trustees on 13 February 2024 and signed on its Ikhalf by.. SPECIAL A A RABIU Trustee
NEW JERUSALEM CHURCH OF CHRIST Independent Examinerfs Report to the tntee¥ of the charity Report of the Independont Examlnèr to the trnstees on the financial statements of the charty for the year ended 31 December 2023 I reFQrt on the financial statements of the Charity on for the year ended 31 December 2023 which have been prepared in accordance with the Charities Act 2011 and with the Financial Reporting Standard for Smaller Entities {FRSSEI, effective April 2008, adapted to meet the needs of Ltnincorporated organisations. as modified by the Statement of Recommended Practice for Accounting and Reporting issued ty the Charity Commissioners for England & Wales. eff¥b've April 2005 as revised in June 2008. (The SORP), ut)der the historical cost convention and the accounting policies sel out. Respective responslbilftle8 of tnmtees and examin•r The Charity's trustees are responsible for the preparation of the financial statements. The trustees are satisfied that the audit requirement of Section 144{11 of the Charities Act 2011 Ilhe Acll does not appty, and that there is no requirement in the governing document or ¢or¢slitution of the Charity for the conducling of an audiL As a consequence. 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 e1ible for independent examination, it is my responsibility to.. al examine the ac¢ounts under section 145 of the Actr b) to follow the procedures laid down in the General Directions given by the Charity Commission L¢nder section 14515llbl 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 examination 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 Charity and a comparison of the financial statements presented with those records. 11 also includes consideration of any unusual items or disclosures in the financial stslemenls. and seeking explanations from you as trustees concerning such matters. The purpose of the examination is lo estsblish 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 to the amounts and disclosures in the financial statements. The procedLtres 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 to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the financial statements, and in particular, l express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity. and my report is limited to the matters set out in the ststement 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 rewrt l obtain writtén assurances from the trustees of all material matters. Indopendenl Examinerf8 StstemenL report and oplnlon Subject lo the limitations upon the scope of my work as detailed above, in connection with my examination, I can conffrm 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 {5)Ibl of that section which are appli¢abb',
NEWJERUSALEM CHURCH OF CHRIST and that, no matter has come to my attention in connection with my examination which gives me reasonable cause lo believe that in any material respect the requirements {[) to keep accounting records in accordance with seGtion 130 of the Act,. li1} to prepare financial statements which accord wilh the accounting records and comply with the aceounting requirements of the Act and., (iiil that the financial statements be prepared in aOrdan with the methods and principles Set out in the Statement of Recommended Practice- Accounting and Reporting by Charities have not been mel,- or to which, in my opinion, attention should be drawn in my report in order to enable a proper understanding of the accounts lo be reached.. Daniel Dele-ojo Timi and Co. Chartered Certified Accountants Unit One Ktngs Eslale Broadway Parade Hornchurch RM12 4RS The date UFon which my opinion is expressed 1$ on 13 February 2024
NEW JERUSALEM CHURCH OF CHRIST Statement of Financlal Activities for the year ended 31 December 2023 Unre8trlcted Restri¢ted Totsl Last Year Funds Funds Funds Total Funds 2023 2023 2023 2022 Incomlng resources Incoming rèsources from generatedfunds Voluntary Income 38,662 38.862 Total incoming rosources 38.662 38,662 44,836 Costs of charitabl& actiyltles Governance costs 35,457 35.457 1.000 40,751 1,(KJO Total resources expended 36,457 36.457 41,751 Net incoming resources before transfers between funds 2,205 2.205 3,085 Net Incoming resources before Other recognised galns and losses 2.205 2,205 3,085 Net movement in funds 2.205 3,085 Total funds bmught fonvard 11.524 11.524 8.439 Total Funds carrled forward 13.729 13.729 1124
NEW JERUSALEM CHURCH OF CHRIST Balance Sheet as at 31 December 2023 Motes 2023 2022 The assets atlIabilItieS of the ¢horlty.' Current assets Cash at bank and in hand 13.729 11,524 Netcuffefttassets 13,729 11.524 Totalassets less currgntllabllftlgs 13,729 11.524 Net •$sets Thè ndS of the ¢harity.' Unrestricted incomè funds Unrestricted rgvenue aMUlated funds 13,729 11,524 Total unrestrictod funds 13.729 11,524 Total charity funds 13,729 11,524 SPECIAL A A RABIU Trustsg Approved by thg board of truste on 13 Febrry 2024
NEW JERUSALEM CHURCH OF CHRIST Notes to the Financial Statements for the ear ended 31 December 2023 1. ACCOUNTING POLICIES Accounting convention The finanaal ststemenls have been prepared in ac¢*rd8nce with the Financial Reporting Standard for Smaller Entitres IFRSSEI, effectfve Apr5128. and all Other appllcable aoUntIng stanoafds. 88 rnodifigd by the Slalemenl of Recornmended Practice for Accounting and Reporting issued by the Charty Commissioners for England & Wales, (revised June 2Cw)81. Incomlng rnsour¢o9 All incoming 0r¢5 are included on the Statement of Financi81 ActNitie$ Wh the charity is legally entitled to the income and the amount can be quanlified with reasonable acLufacy. Re8ources expended Expenditure Is accounted for on an accruals b88is and has been classified under headings that aggregate all cost related lo the category. W)ere costs cannot be directly attrrbLrted to particular headings they have been allocated to activities on a basis consSstènt vAth tha usè of rasoureas. Taxatlon The ch8tity is exwnpt from lax on ts tharitable actwthes. Fund ae¢ounting Unrestricted funds can be used in accordance wth the charitable obieclives at the discretion of the trustees. Réstrictèd lunds cart On be used for particular restricted ptJrpo8es within thè obiéets of the d)arty. Restrictions arise when speafied by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fuThl is induded in the notes to the financkgl statements. Hire purchase and leaslng commitinènts Rentals paid under operating leases are tharged lo the slalements of finanrial al¥rtIeS on a Slraighl line basis over the period of the lease. 2. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remUratIOn or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022. Trust•o8' Exponseg There We no tiustees, 8xpenses paid neither forthe ye8r endwl 31 DgcembeT 2023 nor for th& year onded 31 December 2(r22.
NEWJERUSALEM CHURCH OF CHRIST Schedule to the Statement of Financial Activities for the year ended 31 December 2023 ststus of thls schedule to the 8tstement of Flnanclal Activities The schedules on the following pages are rgquiTed by the disclosure requirements of the Slalèment of Recommended practi for Accounting and Reporting issued by the Charity Commiss¢oners for England & Wales, effective ApTiI 2005 and w5ed in June 2008. As such, they form a part of the accounts required by the Charities {Accounls and Reports) Regulations 2008. Unrestrlcted Restrlctsd Totsl Funds Funds Fund$ 2023 2023 2023 Prlor Perlod Totsl Fund$ 2022 Incoming Resources Voluntary Income Donations Gfft Aid Reeelvable Totsl Total Donatlons Recèived 29,936 8.726 38,662 38,662 29,936 8,726 38,662 38,662 34,841 9,995 44,836 Total Voluntary In¢omo 38.662 38.662 44.836 Total Incomlng Rosources 38,662 38,662 44,836 Charltable expenditure Support costs of charitable actlvltles Dlr8Ctsupport costs Volunteers, Costs Tiavel and Subsistence- Charitsble ActivitlOS 1,758 2,813 4.571 1,758 2,813 4.671 2,169 3,186 5.355 Management and administrndon costs in support of Charitable activitios Staff costs In supportof charitable acttvlu Pwlses Costs Rent payable Cleaning Premises repairs and renewals 24,076 1.681 3,492 29.249 24.076 1,681 3,492 29.249 24,076 2,263 5,045 31.384 G•n•rnl admlnlstratlv• oxp•nw.' Telephone and fax stationery and prntIng Admin costs spare11} 815 815 822 822 822 2,206 012 1.637
NEW JERUSALEM CHURCH OF CHRIST Schedule to the Statement of Financlal Acllvities for the year pnded 31 December 2023 Status of thls %hedulo to the Ststement of Financlal Actlvltles The schedL*les on the following pages 8re requlred by the disclosure Tequiremerrts of the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales. effective A11 2005 and revised in June 2008. A5 such, they form a part of the accounts required by the Charities (Accourts and Reports) Regulations 2008. Unrestrlctsd Restrlcted Totsl Funds Funds Funds 2023 2023 2023 Prlor Pertod Total Funds 2022 Totsl Support costs 35A57 36A57 40,751 Support costs forgrants pald Total Expended on Charitsble Actlvitios 35,457 35.457 40,751 Govemance costs that aTr not dirn¢t managen7ent fiinctions inherent in generating fiinds, service delivery andprogramme orpmject work Spe¢Mk governance costs Independent Examineffs Fees 1,000 1,000 1,000 Total governance costs 1,000 1,000 1,000 10