| Report ofthe Trustees | 1to3 | |
|---|---|---|
| Independent Examiner's |
Report to the Trustees | |
| Statement of Financial | Activities | |
| Statement of Financial | Position | |
| Notes to the Financial Statements | 7to12 |
| REFERE | NCE AND | NCE AND | AD | MINISTRA | TIVE |
INFORMATION | INFORMATION | ||
|---|---|---|---|---|---|---|---|---|---|
| Name of | Charity | JUBILEE CHRISTIAN CHURCH | INTERNATIONAL | (UNITED KINGDOM) | |||||
| Charity registration | number | 1135644 | |||||||
| Company | registration | number | 07197228 | ||||||
| Principal | address | 2TEESDALE ROAD | |||||||
| SLOUGH | |||||||||
| SL2 1UD | |||||||||
| Trustees | |||||||||
| The trustees | and officers serving | during | the year and since the year end were as | follows: | |||||
| Pastor Abiodun | AAbiodun | ||||||||
| Pastor Margaret | Oke | ||||||||
| Pastor Charles | Onasile | ||||||||
| Pastor Bernice | Oyeneye | ||||||||
| Evangelist Arike Olubowale |
|||||||||
| Pastor Matthew | Oyeneye | ||||||||
| Pastor Kolawole Jesubayode | |||||||||
| Mr Jean David | Kouaho | ||||||||
| (Appointed: 13 |
February 2023) | ||||||||
| Secretary | Pastor Bernice | Oyeneye | |||||||
| Independent | examiner | Tolu Obisesan | |||||||
| ANS Accounts | Ltd | ||||||||
| 82AJames Carter Road | |||||||||
| Mildenhall | |||||||||
| Suffolk | |||||||||
| IP28 7DE | |||||||||
| Bankers | HSBC | ||||||||
| 8Canada Square | |||||||||
| London | |||||||||
| E145HQ | |||||||||
| Metro Bank | |||||||||
| 1 Southampton | Row | ||||||||
| London | |||||||||
| WC1B 5HA |
| Notes | Unrestricted | Restricted | 2023 | 2022 | |||||
|---|---|---|---|---|---|---|---|---|---|
| funds | funds | ||||||||
| F | |||||||||
| Income and | endowments | from: | |||||||
| Donations | and | legacies | 60,460 | 8,662 | 69,122 | 249,035 | |||
| Investments | 88 | 88 | 1 | ||||||
| Total | 60,548 | 8,662 | 69,210 | 249,036 | |||||
| Expenditure | on: | ||||||||
| Charitable | activities | 4/5 | (37,421) | (37,421) | (38,730) | ||||
| Total | (37,421) | (37,421) | (38,730) | ||||||
| Net income | 23,127 | 8,662 | 31,789 | 210,306 | |||||
| Reconciliation | offunds | ||||||||
| Total funds | brought | forward | 20,566 | 225,916 | 246,482 | 36,176 | |||
| Total funds | carried | forward | 43,693 | 234,578 | 278,271 | 246,482 |
| Notes | 2023 | 2022 | |||
|---|---|---|---|---|---|
| Fixed assets | |||||
| Tangible assets | 12 | 560 | |||
| 560 | |||||
| Current assets | |||||
| Debtors | 13 | 4,000 | 4,000 | ||
| Cash at bank and | in hand | 284,513 | 255,242 | ||
| 288,513 | 259,242 | ||||
| Creditors: amounts | falling | due within one year | 14 | (4,355) | (3,352) |
| Net current assets | 284,158 | 255,890 | |||
| Total assets less current | liabilities | 284,718 | 255,890 | ||
| Creditors: amounts | falling | due after more than one year | 15 | (6,447) | (9,408) |
| Net assets | 278,271 | 246,482 | |||
| The funds ofthe charity | |||||
| Restricted income |
funds | 234,578 | 225,916 | ||
| Unrestricted income funds |
16 | 43,693 | 20,566 | ||
| Total funds | 278,271 | 246,482 |
| Unrestricted | Restricted | 2023 | 2022 | |||||
|---|---|---|---|---|---|---|---|---|
| fundsf | funds f |
|||||||
| Donations | received | 60,460 | 8,662 | 69,122 | 249,035 | |||
| 60,460 | 8,662 | 69,122 | 249,035 | |||||
| 3.Investment | income | |||||||
| 2023 | 2022 | |||||||
| f | f | |||||||
| Unrestricted | funds | |||||||
| Bank interest | receivable | 88 | ||||||
| 88 | ||||||||
| 4.Costs ofcharitable | activities | by fund type | ||||||
| 2023 | 2022 | |||||||
| f | f | |||||||
| Unrestricted | funds | |||||||
| Charitable | activities | 18,409 | 18,517 | |||||
| Support costs | 19,012 | 20,213 | ||||||
| 37,421 | 38,730 | |||||||
| 5.Costs ofcharitable | activities | by activity type | ||||||
| Activities | Support costs | 2023 | 2022 | |||||
| undertaken | ||||||||
| directlyf | f | |||||||
| Support costs | ||||||||
| Charitable | activities | 18,409 | 19,012 | 37,421 | 38,730 | |||
| 7.Analysis of | support | costs | ||||||
| 2023 | 2022 | |||||||
| Charitable | activities | |||||||
| Management | 16,059 | 18,579 | ||||||
| Governance | costs | 2,953 | 1,634 | |||||
| 19,012 | 20,213 |
| Net income/(e | xpenditure) for the year |
xpenditure) for the year |
||
|---|---|---|---|---|
| This is stated | after charging/(crediting): | |||
| 2023 | 2022 | |||
| Depreciation | ofowned | fixed assets | 140 | 2,600 |
| Accountancy | fees | 2,953 | 1,420 | |
| taff costs and emoluments | ||||
| 2023 | 2022 |
| Comparative for th |
e State | ment of Financial Activities | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | 2022 | |||
| funds | funds | ||||
| Income and endowments | from: | ||||
| Donations and legacies |
38,469 | 210,566 | 249,035 | ||
| Investments | 1 | 1 | |||
| Total | 38,470 | 210,566 | 249,036 | ||
| Expenditure on: |
|||||
| Charitable activities |
(38,280) | (450) | (38,730) | ||
| Total | (38,280) | (450) | (38,730) | ||
| Net income | 190 | 210,116 | 210,306 | ||
| Reconciliation offunds |
|||||
| Total funds brought | forward | 20,376 | 15,800 | 36,176 | |
| Total funds carried | forward | 20,566 | 225,916 | 246,482 |
| Musical | Computer | |||
|---|---|---|---|---|
| Cost or valuation | equipment f |
equipment f |
Totalf | |
| At 01 April 2022 | 4,434 | 15,628 | 20,062 | |
| Additions | 700 | 700 | ||
| At 31 March 2023 | 5,134 | 15,628 | 20,762 | |
| Depreciation | ||||
| At 01 April 2022 | 4,434 | 15,628 | 20,062 | |
| Charge for year | 140 | 140 | ||
| At 31 March 2023 | 4,574 | 15,628 | 20,202 | |
| Net book values | ||||
| At 31 March 2023 | 560 | 560 | ||
| At 31 March 2022 | ||||
| Debtors | ||||
| 2023 | 2022 | |||
| f | f | |||
| Amounts due after more than one year: |
||||
| Other debtors | 4,000 | 4,000 | ||
| 4,000 | 4,000 | |||
| Debtor is refundable | rent - f4,000.00 | |||
| Creditors: amounts | falling due within one year | |||
| 2023 | 2022 | |||
| f | f | |||
| Loans and overdrafts | 2,655 | 2,352 | ||
| Accruals and deferred | income | 1,700 | 1,000 | |
| 4,355 | 3,352 | |||
| Creditors: amounts | falling due after more than one year | |||
| 2023 | 2022 | |||
| f | f | |||
| Loans and overdrafts | 6,447 | 9,408 | ||
| 6,447 | 9,408 |
| Unrestricted | Funds | ||||||
|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Outgoing | Balance at | ||||
| 01/04/2022f | resourcesf | resourcesf | 31/03/2023f | ||||
| General | |||||||
| General | 20,566 | 60,548 | (37,421) | 43,693 | |||
| 20,566 | 60,548 | (37,421) | 43,693 | ||||
| Unrestricted | Funds | - Previous | year | ||||
| Balance at | Incoming | Outgoing | Balance at | ||||
| 01/04/2021 | resources | resources | 31/03/2022 | ||||
| f | f | f | f | ||||
| General | |||||||
| General | 20,376 | 38,470 | (38,280) | 20,566 | |||
| 20,376 | 38,470 | (38,280) | 20,566 |
| Analysis o | f net assets between funds | |||||
|---|---|---|---|---|---|---|
| Tangible fixed | Net current | Creditors | & | Net Assets | ||
| assets | assets I | one year | ||||
| (liabilities)f | ||||||
| Unrestricted | funds | |||||
| General | ||||||
| General | 560 | 49,580 | (6,447) | 43,693 | ||
| Restricted | funds | |||||
| General | - R | 234,578 | 234,578 | |||
| 560 | 284,158 | (6,447) | 278,271 |
| Tangible fixed | Net current | Creditors | & | Net Assets | ||
|---|---|---|---|---|---|---|
| assets | assets I | one year | ||||
| (liabilities) | ||||||
| Unrestricted | funds | |||||
| General | ||||||
| General | 29,974 | (9,408) | 20,566 | |||
| Restricted | funds | |||||
| General | - R | 225,916 | 225,916 | |||
| 255,890 | (9,408) | 246,482 |