2022-04-30-accounts - Our Jesus Lives Ministries

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OUR JESUS LIVES MINISTRIES

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30[TH] APRIL 2022

CHARITY NUMBER: 1133053

OUR JESUS LIVES MINISTRIES 23 ASHLEIGH DRIVE SHEFFIELD S12 2SA

INDEX Page Index 1 Trustees’ Report 2 - 3 Independent Examiner’s Report 4 Receipts and Payments Account 5 Statement of Assets and Liabilities 6 Notes on the financial Statements 7

OUR JESUS LIVES

TRUSTEES’ REPORT YEAR ENDED 30[TH] APRIL 2022

The trustees are pleased to present their report for the year ended 30[th] April 2022 for the charity, Our Jesus Lives with charity number 1133053.

The Trustees of the charity are:

Anu Samuel Sunil Thankachen

The principal address of the charity is : 23 Ashleigh Drive Sheffield

S12 2SA

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity governing document is a declaration of trust that was executed 23[rd ] October 2009. The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position.

OBJECTIVES AND ACTIVITIES

The Objects of the organisation are first to advance the Christian faith in accordance with the statement of beliefs for the benefit in the United Kingdom and in such other parts of the world as the trustees may think fit from time to time . The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake.

ACHIEVMENTS AND PERFORMANCE

The Organisation held successful meetings through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith. The organisation held several conferences during the year in which individuals came from all around the community to attend. This has produced good results in reaching and helping members of the community. The organisation also participated in mission outreaches in India, Nepal during the year. The organisation continues its 3 branches in Sheffield, Scunthorpe and Tipton.

FINANCIAL REVIEW

The income of the charity is above £74,000. This is a good amount for this year of the charity the costs have been well managed over this period. The organisation is still in a good position to manage its costs. The main cost of the organisation was paying for the hosting of its church conferences with special guest speakers, and it supported Christian outreach work in both Nepal and India during the year.

RESERVE POLICY

It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure. This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year.

RISK MANAGEMENT

The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.

TRUSTEE RESPONSIBILITIES

Under the Charities Act 2011, the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to:

Select suitable accounting policies and apply them consistently.
Make judgements and estimates that are reasonable and prudent.
State whether the applicable accounting standards have been followed.
Prepare financial statements on an ongoing basis.

They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.

Approved by the Trustees on 26[th] January 2023 and signed on their behalf by:

Independent Examiner’s Report To the Trustees OUR JESUS LIVES

I report on the accounts of the church for the year ended 30[th ] April 2022 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.

Respective responsibilities of trustees and examiner

The trustees of the church are responsible for the preparation of accounts: they consider that the audit requirement under section 144(2) of the Charities Act 2011 (the 2011 Act),does not apply. It is my responsibility to :

Examine the accounts under section 145 of the 2011 Act.
Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act.
State whether particular matters have come to my attention.

Basis of Independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the church 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 you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention;

(1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met the requirements to ensure that:
proper accounting records are kept( in accordance with section 130 of the 2011 Act
accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act: or
(2) to which , in my opinion , attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Chuks Ajuka BSc(Man), FICB PMDip FRESH FIRE ORGANISATION Generator Business Centre 95 Miles Road Mitcham Surrey CR4 3FH

OUR JESUS LIVES MINISTRIES

ACCOUNTS FOR THE YEAR ENDED 30th April 2022

1 Receipts & Payments Account (General Purpose Fund)

Income Receipts

Tithes and Offerings Gift Aid Other income Interest Total Receipts Direct Chaitable Expenditure Charity Donation Insurance Hire of Halls Transport Church Supplies Vehicle expenses Admin Welfare Conference expenses Stationary PAYE Mission Benevolent giving Accounting services Equipment Software Fixtures & Fittings Internet Bank Speakers Expenses Hotel expenses Repairs Professiona fees Subscriptions Pastors expenses Telephone Refreshments Total Payments Net Receipts/(Payments) for the year Cash Funds at start of year Loan paid Cash Funds at the end of the year	£ £ 2022 2021 60179 60674 13846 4661 17498 1
	91524 65335
	2865 2182 2020 1090 1369 0 7555 295 3123 845 212 772 5 173 5420 192 6644 5736 278 0 1664 1411 2316 5041 0 5254 550 580 6437 6794 244 0 0 285 0 842 135 30 2471 375 0 0 1651 825 537 500 284 219 13959 18434 1626 720 4571 150
	65936 52745 25588 12590 8017 13427 18000 -18000
	15605 8017

OUR JESUS LIVES MINISTRIES

2 Statements of Assets and Liabilities at 30th April 2022

Cash Funds Bank Total Cash Funds Assets Retained for the Charity's Own use Instruments Equipment Fixtures & Fittings Vehicle Liabilities Accounting fee Loan NET ASSETS	Unrestricted Funds 2022 2021 £ £ 15605 8017
	15605 8017
	1526 1907 12802 7956 510 638 6400 8000
	21238 18501
	500 500 18000
	36043 8018

Approved by the Trustees and signed on their behalf:

OUR JESUS LIVES MINISTRIES

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30th April 2022

ACCOUNTING POLICIES

Basis of Accounting

These accounts have been prepared on the receipts and payments basis under the Charities Act 2011.

Funds

Unrestricted funds are those which can be used at the Trustees' discretion. Restricted Funds are those whose purposes have been restricted by the donor.

Trustee Remuneration

No trustee received remuneration from the charity. All work of the charity was carried out by volunteers.

Depreciation

Depreciation is charged at 20% reducing balance method.