**Charity Registration Number : 1121400**
## **JESUS REIGNS MINISTRIES - UK**
## **Report and Accounts**
**for the year ended**
**30 April 2021**
## **JESUS REIGNS MINISTRIES - UK**
## **Report and accounts for the year ended 30 April 2021**
|**Contents**||
|---|---|
||Page|
|**Charity information**|1|
|**Trustees' Annual Report**|2 - 6|
|**Statement of Trustees responsibilities**|7|
|**Independent Examiner's Report**|8|
|**Statement of Financial Activities**|9|
|**Balance sheet**|10|
|**Notes to the accounts**|11 - 17|
## **JESUS REIGNS MINISTRIES - UK**
Charity Registration Number : 1121400
## **Reference and administrative details**
The charity is registered with the Charity Commission of England and Wales under the name of Jesus Reigns Ministries - UK with charity number **1121400**
Jesus Reigns Ministries - UK (otherwise known as JRM-UK) originated as an autonomous charity of Jesus Reigns Ministries, Inc, Manila, Philippines.
The registered office of the charity is 79 Royal Lane, Uxbridge UB8 3QT.
The charity's areas operation in UK are Hillingdon in London, Essex, Bournemouth, Swindon and Peterborough.
## **Legal structure of the charity**
The governing document of the charity is a constitution adopted on 5 May 2007.
## **The principal contact address, telephone number and website of the charity**
79, Royal Lane Uxbridge UB8 3QT www.facebook.com/jrmlondon
## www.jrmchurch.co.uk
Tel :07886215275
## **Trustees**
The following persons served as Trustees during the year ended 30 April 2021
Guada Cayetano (Chairperson) Maria Cecilia De Lima Mario Bernabe Marilou Argent Jojo Mercado Veronica Grande
## **Bankers**
Barclays Bank Plc Lloyds Bank Plc HSBC Plc
1
## **JESUS REIGNS MINISTRIES - UK**
## **Trustees' Annual Report for the year ended 30 April 2021**
The Trustees present their Report and Accounts for the year ended 30 April 2021 which also comprises the Directors' Report.
## **Objects and activities of the charity**
1. To advance the Christian faith in accordance with the statement of beliefs appearing in the schedule hereto in Hillingdon and in such other parts of UK or the world as the trustees may from time to time think fit.
2. To relieve persons who are in condition of need or hardship or who are aged or sick and to relieve the distress caused thereby in Hillingdon and in such other parts of UK or the world as the trustees may from time to time think fit.
3. To advance the education in accordance with Christian principles in Hillingdon and in such other parts of UK or the world as the trustees may from time to time think fit.
4. To promote and fulfil such other charitable purposes beneficial to the community Hillingdon and in such other parts of UK or the world as the trustees may from time to time think fit.
## **Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.**
Inspiring Worship Sunday Services Prayer Meetings, Tarrying Nights, Prayer Vigil/Dawnwatch, Worship Nights Discipleship Training Leadership and Ministry Training Kids' Sunday School and Youth Empowerment Young Professional Fellowship and Empowerment Parents and Couples Empowerment Men of Christ Ministry Mum and Women Ministry Prayer and Worship Ministry Hospital and House Visitation Hospital Ward Carolling and Gift-giving Child Dedication and Water Baptism Evangelistic Activities and Bi-annual Family Camp Annual Anniversary of Ministry Celebration Renewal of Marriage Vows Wedding Ceremony Sports Events Counselling and Funeral Services
2
## **Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit**
The Trustees consist of the main pastors of the outreaches and the lead treasurer. The Trustees are aware of their responsibilities because they run the outreaches in accordance to the objectives of the charity and Charity Commission within the environment they operate.
Furthermore, the Trustees meet regularly to review and discuss the strategies and activities and evaluate the public interest and objectives of both the charity and Charity Commission.
## **Policy on grant making**
Jesus Reigns Ministries-UK and Jesus Reigns Ministries, Inc, Manila, Philippines have a common purpose in furthering the objectives of winning souls for Christ through planting outreaches, evangelism, discipleship, leadership training and education of the present and next generation. Grant is given to Jesus Reigns Ministries, Inc, Manila, Philippines for the advancement of this purpose.
## **Contribution made by volunteers**
The trustees and members of the charity are volunteers who ensure the smooth running of the charity. They are given allowance based on the financial capability of the outreach. This allowance is then being spent for various ministerial purposes such as transportation, discipleship, evangelism, house or hospital visitation and many other form of pastoral care.
## **Achievements and Performance**
## **Summary of the main achievements of the charity**
Our activities are open to whosoever wants to know God and experience His love. Some of our activities either stopped or slowed down with the commencement of the national lock down .
The Government imposed restrictions following the COVID-19 pandemic from March 2020 and our Charity switched to online activities as face to face meetings and gatherings were impossible. Most of our activities such as Worship services, Discipleship and leadership trainings, Kids and Youth services and the empowerment programmes were conducted over ZOOM. This afforded members, families, friends and visitors the blessings of the activities in the comfort of their homes. A great advantage of media broadcast is that interest groups could plug-in irrespective of their location around the world. Though multi-media tools worked well in the circumstance we found ourselves we ardently look forward to when we could meet in person for our activities.
We suspended hospital and house visitations, child dedication, water baptism, wedding and sports events during the lockdown. We did not embark on our ministerial mission to our European partners during the lockdown.
During lockdown, we set up COVID 19 Emergency fund to assist members and families in our communities who were in dire need of financial support. We provided food and household provisions to those who were in isolation and could not leave their homes. We also provided on-line faith based counselling and support to the people affected by the - pandemic. These initiatives proved to be very useful in the de stressing period.
3
## **Financial Review**
## **Review of the charity’s financial position at the end of the period**
The accounts of the charity show a gross income for the year of £273,724 (2019/20 - £388,225) of which £18,549 was restricted income. Included in this gross income was the charity's entitlement to HMRC's gift aid rebate of £49,389 (2019/20 - £186,924) which is a refund of the donors' tax on gifts and donations. The drop in gross income of 34% was principally due to a reduction of gift aid rebate.Three years of gift aid was provided for in 2019/20 against one in 2020/21.
The income excluding the HRMC gift aid refund for the year was £224,335 an increase of 11% (2019/20 - £201,301). This was a testimony of God's grace and mercy on our donors as the majority were able to hold on to their employments during the lockdown.
The resources expended on charitable activities during the year was £151,297 (2019/20 - £183,789). This decrease of 18% was due to reduced activities as aresult of the lockdown.
The charity recorded an operating surplus for the year of £122,427 (2019/20 - £204,436 ).
The total funds in the year increased by 38% to £448,348 compared to the previous year of £325,921.
The Trustees consider this financial performance satisfactory.
## **Reserves policy**
The charity retains free reserves of £413,439 to be able to meet its future activities and to allow for repairs, maintenance and replacement of assets.
## **Going concern**
The trustees considered the current impact of covid-19 and the lockdown measures and agreed that there are no material uncertainties about the charity's ability to continue as a going concern.
## **Charity's principal sources of funds**
The principal source of funds of the charity comes from voluntary donations in terms of tithes and offerings which is included in Voluntary Income in the financial statements.
## **Principal risks facing the charity**
The trustees have assessed and evaluated the major risks facing the charity and are satisfied of the strategies in place to mitigate exposures to these risks.
## **Structure, Governance and Management**
## **Governing document**
The charity is constituted as an unincorporated association governed by a trust deed.
## **Trustee selection**
The main pastor of each outreach and the lead treasurer are selected as Trustees.
4
## **Policies and procedures adopted for the induction and training of trustees**
Every Trustee must be a long standing church member and must be aware of the ethos of the charity and Charity Commission. Every appointee must undergo practical and live training in discipleship, leadership and management.
The charity from time to time arranges training for the Trustees during the year to refresh them of their roles and responsibilities.
## **Organisational structure and any wider network with which the charity works**
Each outreach is headed by a pastor who appoints the team to work with in accordance with the policies of the charity. Hillingdon outreach in London serves as the coordinating hub of all the policies and activities of the charity.
## **Relationship with any related parties**
The charity has a strong link with Jesus Reigns Ministries, Inc, Manila, Philippines and this has been documented under Policy on grant making.
Similarly, we shall continue to support other European outreaches by giving them guidance on both ministerial and administrative aspects of the ministry.
The storage and safeguarding of the charity assets of the Hillingdon outreach in London takes place at the house of the chairperson. This is documented in the financial statements.
## **Funds held as custodian trustees on behalf of others**
The charity does not hold funds or assets as custodians on behalf of others apart from that of the charity.
## **Future development plans**
The charity will continue to build and improve on its current achievement, proclaiming the doctrine of love, peace, hope and grace that the Christian faith stands for. The charity will also continue to foster community involvement to build a better society.
The charity on the long term will continue to build its cash deposit base from voluntary donations from members and the gift aid tax rebate from HMRC to acquire its own premises to cater for the increasing members and worshippers.
5
## **JESUS REIGNS MINISTRIES - UK**
## **STATEMENT OF TRUSTEES RESPONSIBILITIES**
The trustees are responsible for preparing the Report of the Trustees and the financial statements In accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities In England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of FRS102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) require 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 of the Incoming resources and application of resources, Including the income and expenditure, of the charity for that period.
In preparing those financial statements, the trustees are required to
- select suitable accounting policies and then apply them consistently; observe the methods and principles In the Charity SORP;
- 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 operation.
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 them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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.
Guada Cayetano Dated : 1 February 2022 Chairperson of the Board of Trustees
7
## **JESUS REIGNS MINISTRIES - UK**
Charity Registration Number : 1121400
## **Independent Examiner’s Report on accounts for the year ended 30 April 2021**
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed.
I am qualified to undertake the examination by being a qualified member of the Chartered Institute of Management Accountants (CIMA) .
It is my responsibility to examine the accounts under section 145 of the Charities Act, 2011 follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and to state whether particular matters have come to my attention.
## **Scope of examination**
My examination was conducted in accordance with the with general Directions given by the Charity Commission. This includes a review of the accounting records kept by the charity 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 the charity's personnel concerning any such matters. I have not performed an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view .
## **Independent examiner's statement**
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act;
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form
- and content of accounts set out in the Charities (Accounts and Reports) Regulations 2018 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Opeoluwa Opeodu (ACA, CIMA, CGMA) O&A Solutions Ltd 11 Curlew Close High Wycombe, Buckinghamshire, HP13 5JY
Dated: 1 February 2022
8
## **JESUS REIGNS MINISTRIES - UK**
Charity Registration Number : 1121400
## **Statement of financial activities for the year ended 30 April 2021**
|Notes
**Incoming resources**
Voluntary income
2
Other
2b
Investment income
3
Gift aid tax reclaim
4
**Resources expended**
**Expenditure on:**
Charitable activities
5 - 9
**_Net income_**
**_Transfer between funds_**
**_Reconciliation of funds:_**
**_Net movement in funds_**
Total funds brought forward
**_Total funds carried forward_**
**_Total_**
**_Total_**|**2020**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Total funds Total funds**
**£**
**£**
**£**
**£**
204,033
18,549
222,582
200,499
1,682
-
1,682
518
71
-
71
284
49,389
-
49,389
186,924
**2021**|
|---|---|
||**255,175**
**18,549**
**273,724**
**388,225**|
||130,205
21,092
151,297
183,789
-|
||**130,205**
**21,092**
**151,297**
**183,789**|
|||
||**124,970**
**-2,543**
**122,427**
**204,436**|
|||
||**124,970**
**-2,543**
**122,427**
**204,436**|
||309,524
16,397
325,921
121,485|
||**434,494**
**13,854**
**448,348**
**325,921**|
9
## **JESUS REIGNS MINISTRIES - UK**
Charity Registration Number : 1121400
## **Balance Sheet as at 30 April 2021**
|**Notes**
**Fixed assets**
**Tangible assets**
10
**_Total fixed assets_**
**Current assets**
**Debtors**
11
**Cash at bank and in hand**
11
**_Total current assets_**
**Creditors: amounts falling due**
**within one year**
12
**_Net current assets/(liabilities)_**
**_Total net assets or liabilities_**
**Creditors: amounts falling due**
**after one year**
13
**_Total net assets or liabilities_**
15
**Funds of the Charity**
**Funds of Charity Brought forward**
**Excess of income over**
**expenditure**
**_Total funds_**|**2020**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Total**
**funds**
**Total**
**funds**
**£**
**£**
**£**
**£**
21,055
21,055
25,288
- - -
-
**2021**|
|---|---|
||21,055 -
21,055
25,288|
||91,802 -
91,802 81,998
333,537 13,854 347,391
236,129|
||425,339 13,854 439,193 318,127|
||4,439 - 4,439
9,211|
||420,900 13,854 434,754 308,916|
|||
||441,955 13,854 455,809 334,204|
||7,461
7,461
8,283|
||434,494
13,854
448,348
325,921|
||309,524 16,397 325,921
121,485
124,970
-2,543 122,427
204,436|
||434,494
13,854
448,348
325,921|
The financial statements were approved by the Board of Trustees on and were signed on its behalf by:
Guada Cayetano Chairperson of the Board of Trustees
Dated: 1 February 2022
10
## **JESUS REIGNS MINISTRIES - UK**
Charity Registration Number : 1121400
## **Notes to the financial statements for the year ended 30 April 2021**
## **1. Accounting Policies**
## **Basis of preparing the financial statements**
The financial statements of the charity have been prepared under the historical cost convention is a public benefit entity.
The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
## **Going concern**
The Trustees consider that there are no existing material uncertainties that may cast significant doubt upon the entity's ability to continue as a going concern.
## **Income**
All Income Is recognised In the Statement of Financial Activities once the charity has entitlement to the funds, it Is probable that the Income will be received and the amount can be measured reliably.
## **Expenditure**
Labilities are recognised as expenditure as soon as there Is a legal or constructive obligation committing the charity to that expenditure, it Is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be reliably measured. Expenditure Is accounted for on an accruals basis and is accounted to include all costs directly attributable to the charitable activities. Where costs cannot be directly attributed to a charity activity, they are classified under headings that aggregate all cost related to the category.
## **Tangible fixed assets**
Tangible fixed assets are measured at their original cost value. Cost value includes all costs expended in bringing the asset into its intended working condition.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Plant, machinery and motor vehicles 25% straight line Fixtures, fittings and equipment 25% straight line
## **Fund accounting**
The income included in the financial statements primarily comes from voluntary donations by members of the charity and the HMRC as gift aid tax rebate.
11
Unrestricted funds can be used in accordance with the charitable objectives and at the discretion of the Trustees.
Restricted funds arise when the donor specifies a particular purpose for its utilisation within the objects of the charity.
Further explanation of the nature and the purpose of unrestricted and restricted funds is included in the notes to the financial statements.
## **Hire purchase obligation**
Assets obtained under hire purchase contracts are capitalised as tangible fixed assets in the financial statements.
Assets held under finance leases are depreciated over the shorter of the lease term and the estimated useful life of the asset.
Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligation, exclusive of finance charges allocated to future periods, is recognised as a creditor with the finance element charged to the income statement over the relevant period.
The hire purchase liability is stated in the financial statements as creditors with amount falling due within one year and creditor with amount falling due more than one year.
## **2. Voluntary income**
|Tithes and offerings
Deposit against events
Gifts and donations received|**Unrestricted**
**funds**
**2021**
**£**
203,410
83
540
**204,033**|**Restricted**
**funds**
**2021**
**£**
6,030
310
12,209
**18,549**|**Total**
**funds**
**2021**
**£**
209,440
393
12,749
**222,582**|**Total**
**funds**
**2020**
**£**
193,846
3,793
2,860
**200,499**|
|---|---|---|---|---|
## **2b. Other income**
|Profit on disposal of assets
Other income|**Unrestricted**
**funds**
**2021**
**£**
700
982
**1,682**|**Restricted**
**funds**
**2021**
**£**|**Total**
**funds**
**2021**
**£**
700
982
**1,682**|**Total**
**funds**
**2020**
**£**
-
518
**201,017**|
|---|---|---|---|---|
12
## **3. Investment income**
|**4. Gift aid tax reclaim**
Interest receivable on bank
deposits
Gift aid tax receivable|**Unrestricted**
**funds**
**2021**
**£**
71
**71**
**Unrestricted**
**funds**
**2021**
**£**
49,389
**49,389**|**Restricted**
**funds**
**2021**
**£**
-
**-**
**Restricted**
**funds**
**2021**
**£**
-
**-**|**Total**
**funds**
**2021**
**£**
71
**71**
**Total**
**funds**
**2021**
**£**
49,389
**49,389**|**Total**
**funds**
**2020**
**£**
284
**284**
**Total**
**funds**
**2020**
**£**
186,924
**186,924**|
|---|---|---|---|---|
During the period, the Charity claimed gift aid for the year ended 30 April 2021. The amount is stated in the income statements because the charity has entitlement to the fund and the amount can be measured by sufficient reliability.
## **5. Governance costs**
|Accounting fees
Trustees' meeting|**Unrestricted**
**funds**
**2021**
**£**
5,700
294
**5,994**|**Restricted**
**funds**
**2021**
**£**
-
-
**-**|**Total**
**funds**
**2021**
**£**
5,700
294
**5,994**|**Total**
**funds**
**2020**
**£**
5,700
2,612
**8,312**|
|---|---|---|---|---|
## **6. Premises and equipment costs**
|Rent
Depreciation|**Unrestricted**
**funds**
**2021**
**£**
10,812
11,630
**22,442**|**Restricted**
**funds**
**2021**
**£**
-
-
**-**|**Total**
**funds**
**2021**
**£**
10,812
11,630
**22,442**|**Total**
**funds**
**2020**
**£**
29,415
9,866
**39,281**|
|---|---|---|---|---|
13
## **7. Administrative expenses**
|Insurance
Meetings
Pastoral allowance
Supplies
Telephone
Financial charges
**8. Grant payable**
**9. Charitable activities**
Evangelism and Discipleship
Events
Gifts and donations
Pastoral expenses
Hospitality
Travelling and motor expenses
Worship team expenses
Missions
Covid19 expenses
Others
Jesus Reigns Ministries,
Inc, Manila, Philippines|**Unrestricted**
**funds**
**2021**
**£**
2,527
779
17,556
3,395
984
4
**25,245**
**Unrestricted**
**funds**
**2021**
**£**
24,904
**24,904**
**Unrestricted**
**funds**
**2021**
**£**
7,056
8,246
18,031
4,363
1,102
2,274
5,485
-
4,480
583
**51,620**|**Restricted**
**funds**
**2021**
**£**
-
-
-
-
-
17
**17**
**Restricted**
**funds**
**2021**
**£**
2,670
**2,670.00**
**Restricted**
**funds**
**2021**
**£**
1,198
3,830
13,219
-
-
-
-
-
158
-
**18,405**|**Total**
**funds**
**2021**
**£**
2,527
779
17,556
3,395
984
21
**25,262**
**Total**
**funds**
**2021**
**£**
27,574
**27,574**
**Total**
**funds**
**2021**
**£**
8,254
12,076
31,250
4,363
1,102
2,274
5,485
-
4,638
583
**70,025**|**Total**
**funds**
**2020**
**£**
3,418
3,894
17,900
4,586
774
623
**31,195**
**Total**
**funds**
**2020**
**£**
12,434
**12,434**
**Total**
**funds**
**2020**
**£**
13,719
35,942
14,651
3,259
6,797
3,302
5,002
6,668
3,057
170
**92,567**|
|---|---|---|---|---|
14
## **10. Fixed assets**
|**Cost**
Cost at 1 May 2020
Additions
Disposals
Cost carried forward
**Depreciation**
Depreciation at 1May 2020
Disposals
Depreciation charge for the year
Depreciation carried forward
Net book value at 30 April 2021
Net book value at 30 April 2020
**11. Current assets**
Cash at bank and in hand
Debtors:
2018/19 Gift aid receivable
2019/20 Gift aid receivable
2020/21 Gift aid receivable
Other debtors
Total debtors|**Unrestricted**
**funds**
**2021**
**£**
333,537
-
42,213
49,389
200
91,802
**425,339**|**Plant,**
**machinery**
**and motor**
**vehicles**
**£**
30,280
-
-
**30,280**
11,045
-
6,870
**17,915**
**12,365**
**19,235**
**Restricted**
**funds**
**2021**
**£**
13,854
-
-
-
-
-
**13,854**|**Fixtures,**
**fittings and**
**equipment**
**£**
43,046
7,397
-1,520
**48,923**
36,993
-1,520
4,760
**40,233**
**8,690**
**6,053**
**Total**
**funds**
**2021**
**£**
347,391
-
42,213
49,389
200
91,802
**439,193**|**Total**
**£**
73,326
7,397
-1,520
**79,203**
48,038
-1,520
11,630
**58,148**
**21,055**
**25,288**
**Total**
**funds**
**2020**
**£**
325,921
38,785
42,213
-
1000
81,998
**407,919**|
|---|---|---|---|---|
## **12. Creditors: Amounts due within one year**
|Accounting fees
Financial charges
Multimedia camera
Hire purchase creditor|**Unrestricted**
**funds**
**2021**
**£**
300
-
-
4,139
**4,439**|**Restricted**
**funds**
**2021**
**£**
-
-
-
-
**-**|**Total**
**funds**
**2021**
**£**
300
-
-
4,139
**4,439**|**Total**
**funds**
**2020**
**£**
3,510
-
734
4,967
**9,211**|
|---|---|---|---|---|
15
## **13. Creditors: Amounts due after one year**
|Hire purchase creditor|**2021**
**£**
7,461
**7,461**|**2020**
**£**
8,283
**8,283**|
|---|---|---|
The total hire purchase liability for the purchase of a Toyota van is £11,600 and this represents the liability of the capital value due within one year of £4,139 and after one year of £7,461.
## **14. Movement in funds**
|**Fund balances brought forward**
**Income**
**Expenditure**
**Transfers**
**Fund balances carried forward**|**Unrestricted**
**funds**
**£**
309,524
255,175
-130,205
-
**434,494**|**Restricted**
**funds**
**£**
16,397
18,549
-21,092
-
**13,854**|**Total**
**£**
325,921
273,724
-151,297
-
**448,348**|
|---|---|---|---|
## **15.Trustees' remuneration and expenses**
## **Trustees' allowance**
The following payment was made to the Trustees as pastoral allowance during the financial year:
|Guada Cayetano
Victoria Grande
Maria Cecilia De Lima
Jojo Mercado
Marilou Argent
Mario Bernabe|**2021**
**£**
2700
3900
3600
5000
1631
400
**17,231**|**2020**
**£**
3,000
3,900
3,600
5,100
1,800
500
**17,900**|
|---|---|---|
## **16. Related party transaction**
During the year music equipment and a motor vehicle were stored in the house of the chairperson - G Cayetano at a cost of £4,800 (2020 - £4,800).
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## **17.Subsequent events**
The Trustees have considered the impact of COVID 19 and its variants as a non-adjusting event after the reporting period. Apart from this, there are no other known material events arising after the reporting date.
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