**REGISTERED CHARITY NUMBER: 1126159**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED**
**31 MAY 2020-2021**
**FOR**
**JESUS TOWER OF HOPE MINISTRIES**
**JESUS TOWER OF HOPE MINISTRIES**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2020-2021**
||**Page**|**Page**|
|---|---|---|
|**Report of the Trustees**||1|
|**Independent Examiner's Report**||2|
|**Statement of Financial Activities**||3|
|**Balance Sheet**||4|
|**Notes to the Financial Statements**|5|- 6|
|**Detailed Statement of Financial Activities**||7|
**JESUS TOWER OF HOPE MINISTRIES**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2020-2021**
The trustees present their report with the financial statements of the charity for the year ended 31 May 2020-2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1126159
## **Principal address**
25 CAMBRIDGE ROAD SOUTHALL Middlesex UB1 3EY
## **Trustees**
MRS P SOHANTA MRS R GILL MR P SINGH
**Independent Examiner** a Accountant on Duty Ltd G38 The Triangle Centre Uxbridge Road Southall Middlesex UB1 3EJ
Approved by order of the board of trustees on 30 November 2021 and signed on its behalf by:
MRS P SOHANTA - Trustee
Page 1
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF JESUS TOWER OF HOPE MINISTRIES**
## **Independent examiner's report to the trustees of JESUS TOWER OF HOPE MINISTRIES**
I report to the charity trustees on my examination of the accounts of JESUS TOWER OF HOPE MINISTRIES (the Trust) for the year ended 31 May 2020-2021.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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 no concerns and 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.
Bryan Pereira FCCA Accountant on Duty Ltd G38 The Triangle Centre Southall Middlesex UB1 3EJ
Date: .31/01/2022
Page 2
**JESUS TOWER OF HOPE MINISTRIES**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2020-2021.**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2020-2021.**
||**NOTES**|2021|2020|
|---|---|---|---|
|||TOTAL|UNRESTRICTED|
|||FUNDS|FUND|
|**INCOME AND ENDOWMENTS FROM**||||
|Donations and legacies||61,128.95|52,568|
|Other trading activities||8182.2|125|
|**Total**||69,311.15|52693|
|**EXPENDITURE ON**||||
|Raising funds||38843.37|45,188|
|**NET INCOME/(EXPENDITURE)**||30467.78|7,505|
|**RECONCILIATION OF FUNDS**||||
|**Total funds brought forward**||73409|65,904|
|**TOTAL FUNDS CARRIED FORWARD**||103876.78|73,409|
The notes form part of these financial statements
Page 3
**JESUS TOWER OF HOPE MINISTRIES**
## **BALANCE SHEET 31 MAY 2020-2021**
|**NOTES**
**FIXED ASSETS**
**Tangible assets**
**CURRENT ASSETS**
**Debtors**
**Cash at bank and in hand**
**CREDITORS**
**Amounts falling due within one**
**year**
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS**
**CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
**Unrestricted funds**
**TOTAL FUNDS**|**2021**
**2020**
**Unrestricted**
**Unrestricted**
**Fund**
**Funds**
**522**
**2**
**3731**
**2,590**
**101664**
**71,718**|
|---|---|
||**105395**
**74,308**
**1482**
**-901**|
||**103,877**
**73,407**|
||**103,877**
**73,409**
**103,877**
**73,409**|
||**103,877**
**73,409**|
||**103,877**
**73,409**|
**The Financial Statements were approved by the Board of Trustees and authorised for issue on 30th April 2022 and were signed on its behalf by:**
## **Mrs P Sohanta - Trustee**
The notes form part of these financial statements
Page 4
**JESUS TOWER OF HOPE MINISTRIES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2020-2021**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **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**
Liabilities 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 measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost Motor vehicles - 18% on cost
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Page 5
continued...
**JESUS TOWER OF HOPE MINISTRIES**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2021**
|**Notes to Financial statements**|||
|---|---|---|
|**2. OTHER TRADING ACTIVITIES**|||
||**2021**|**2020**|
||**£**|**£**|
|Bank interest receivable|0|125|
|**3. RAISING FUNDS**|||
|**Raising donations and legacies**|**2021**|**2020**|
|Prayer meetings etc||4,103|
|Support cost|**38843.37**|41,085|
||**38843.37**|45,188|
|4. TRUST**EE'S REMUNERATION AND BENEFITS**|||
||**2021**
|**2020**|
|Trustees' Salaries|19,093|19,351|
|Trustees' Pension Paid|1,048.82|446|
||20,142|19,797|
|5.**STAFF COSTS**|**2021**
|**2020**|
|Average no of employees during the year|||
|Number of Employees|1|1|
Page 6
continued...
|**Detailed Statement of Financial Activities for the year ended**
**31-May-21**
**INCOME AND ENDOWMENTS**
Donations and legacies
Donations received
Grants
**Other trading activitie**s
Bank interest receivable
**Total incoming resources**
**EXPENDITURE**
Raising donations and legacies
Prayer meetings etc
**Support costs Management**
Trustees' salaries
Trustees' pensions paid
**FINANCE**
Wages
Rent and Rates
Insurance
Telephone
Postage And Stationery
Sundries
Hosting fees and IT Consumables
Motor expenses and travel
Equipment and maintenance
Accountancy fee
Subcriptions
Subsistance
Pilgrimage
Donations
Net income/(expenditure)|**2021**
**2020**
**£**
**£**
61,128.95
50,264
8,182.20
2,304|**2021**
**2020**
**£**
**£**
61,128.95
50,264
8,182.20
2,304|**2021**
**2020**
**£**
**£**
61,128.95
50,264
8,182.20
2,304|
|---|---|---|---|
||69,311.15
52,568
125|||
||69.311.15
52,693
4,103
19,093
19,351
1,048.82
446
20,142
19,797
**2021**
**2020**
~~9~~108
~~9108~~
104.64
812
1738
1,022
280
208
2505.44
1,986
379
573.51
1150
200
1,262
360
900
400
1,440
2313
3,400
1,100|||
|||||
|||||
|||**19061.59**|**21288**|
|||**38843.37**|**45188**|
|||**30467.88**|**7,505**|
## **INCOME AND ENDOWMENTS**
Page 7
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