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2023-03-31-accounts

COMPANY REGISTRATION NUMBER: 06851047 CHARITY REGISTRATION NUMBER: 1138882

Aroma of Jesus Ministries Company Limited by Guarantee Unaudited Financial Statements

For the year ended

31 March 2023

XAVIERS ACCOUNTANTS LIMITED

Chartered Certified Accountants Suite 3J Recycling Lives Centre 1A Essex Street Preston PR1 1QE

Aroma of Jesus Ministries

Company Limited by Guarantee

Financial Statements

Year ended 31 March 2023

Page
Trustees' annual report (incorporating the director's report) 1
Independent examiner's report to the trustees 8
Statement of financial activities (including income and
expenditure account) 9
Statement of financial position 10
Notes to the financial statements 11
The following pages do not form part of the financial statements
Detailed statement of financial activities 19
Notes to the detailed statement of financial activities 20

Aroma of Jesus Ministries

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 March 2023

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2023.

Reference and administrative details

Registered charity name Aroma of Jesus Ministries Charity registration number 1138882 Company registration number 06851047 Principal office and registered Aire Valley Business Centre office Unit 6 Lawkholme Lane Keighley West Yorkshire BD21 3BB The trustees Mrs R Samuel Mr J C Samuel Mr D Turner Independent examiner Mijos Xavier ACA FCCA Xaviers Accountants Limited Chartered Certified Accountants Suite 3J Recycling Lives Centre 1A Essex Street Preston PR1 1QE

1

Aroma of Jesus Ministries

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2023

Structure, governance and management

The trustees 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).

Governing documents

The charity is governed by the Memorandum and Articles of Association as submitted at registration and constitutes a limited company, limited by guarantee.

Recruitment and appointment of new trustees

The method adopted is per Part D Paras 14.1 to 14.4 in the Memorandum and Articles of Association.

Organisational structure

As described within the Memorandum and Articles of Association. The name of the Chief Executive Officer and other senior member(s) whom day to day management of the charity is delegated by the charity trustees is Joshua Samuel.

Induction and training of new trustees

No new trustees / directors were appointed within the period.

Risk management

The charity's main risk is falling numbers attending the two primary meetings per week. Constant review is made to ensure that appropriate funds are being contributed to the charity in order for it to meet its financial obligations first and then to fulfill the stated financial objects of the charity. Note: Charity has maintained well during its transition into the new building and the cost of renovations were all paid off.

Objectives and activities

Objective and aims

In setting our objectives, and planning our activities, we have given careful consideration to Charity Commission's guidelines on public benefit. The key strategic tools for meeting the objectives have been and remain:

2

Aroma of Jesus Ministries

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2023

Objectives and activities (continued)

The charity's activities are those as stated above that are concomitant with the setting up, establishing and nurturing of a church. The main activities are based around church functionality as demonstrated above.

3

Aroma of Jesus Ministries

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2023

Achievements and performance

The board of trustees are very happy with the progress that the charity has continued to make during the period to the 31st March 2023, and consider that the charity remains well placed to build on the work being done by the charity in the pursuit of its objects and aims. The charity retains the adequate assets necessary for it to meet its obligations. The charity is hugely encouraged to build on the progress of the previous years and are advancing further with other programmes geared to help the people in attendance and the community in general.

During the period the charity pursued its main objectives over its advancement of Christian Faith through various events run within the church premises and in other locations.

The assistance in prevention of or relief of poverty, whether that be financial, spiritual, emotional, physical, or psychological has continued. Several families are being helped to be debt free through our financial management and helps programme. Counselling and support have been provided to families who are struggling with debt.

The advancement of health and the relief of those in need by reason of youth, age, ill-health, disability, financial hardship, or other disadvantages.

Continual leader's meeting have been taken place to encourage and equip leadership.

An explanation of the charity's main objectives for the year

The charity's main focus has been to continue build up the charity and its members, whilst at one and the same time meeting the needs of those members. This will continue through the next twelve months. Numbers began to increase as we lockdown ended and more restrictions were lifted.

We continued with giving out food hampers to those in need around the Keighley area. As we are a food bank, we go out with giving hope to those struggling and offering help in any way we can assist them with. Especially offering help with their finances.

The Christmas concert was held to reach out to the local community has been a tremendous success with a large number of people in attendance.

Weekly Bible Studies have been taken place to teach the Word of God in a deeper way. Monthly prayer meetings are held for the church on the first Monday, Tuesday & Wednesday of every month. With a prayer meeting held on the Monday night at 7:30pm in the building.

Reeba Samuel and Joshua Samuel covered the following speaking engagements:

4

Aroma of Jesus Ministries

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2023

Guest speakers continued came and enlightened the church with their particular gifting's and messages which was a huge encouragement to the people of the church. The following events took place during period.

5

Aroma of Jesus Ministries

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2023

Achievements and performance (continued)

Presence in social media and website has been well published.

Based in Keighley we are seeing a substantial benefit in this location, drawing people from Bradford, Leeds and further afield from Lancashire.

An explanation of the charity's strategies for achieving its stated objectives

The extent to which the charity can meet its stated objectives is down to the speed at which growth in the core membership occurs. This growth is occurring faster than anticipated, as stated last year all aspects of the charities main objectives are utterly scalable and to that end all the educational, and the relief of poverty objectives are being met on a one to one basis with Pastors Reeba and Joshua expending considerable time with those in need and with the educational needs of the body of people who form the congregation of The Aroma of Jesus Ministries.

The contribution of volunteers

All works undertaken by the Charity other than one member of for the church administration and the primary provision of time and teaching by Reeba Samuel, are the result of voluntary contribution.

Fundraising activities

The charity relies on grants aid from the donors identified in the accounts whose support is valued and from one weekly collection from those attending and also during any special midweek events. The biblical giving during our services has been the only way the charity has been funded, There have been no other fundraising activities.

Investment performance

There have been no investments made by the charity within the period.

Summary of main activities of the charity in relation to its objects

Within this period, the Charity, has revolved around the establishment of the church as stated above.

6

Aroma of Jesus Ministries

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2023

Financial review

Principal funding resources

Donations and gifts are our principal sources of funding. This funding has supported our outreach in our youth and children's work. Prevented poverty and provided relief to families in financial hardship.

Investment policy and objectives

The charity's cash does not merit investing in the standard bank account however if this is feasible in the future the trustees will agree how funds are invested.

Financial review

As stated in the introduction to this report, the trustees consider the financial performance by the charity during the year to have been satisfactory. The Statement of Financial Activities show net incoming resources for the year of a revenue of £81,579 (2022:£10,428). The total reserves at the year end stand £167,172 (2022:£85,593).

Reserves policy

The trustees kept, sufficient assets to fund activities for the next 6 month.

Funds in deficit

No funds are in deficit.

Plans for future periods

The Trustees are working on plans to reach out into the community and expand our youth and children's work.

The trustees' report was approved and signed on behalf of the board of trustees by:

Mr J C Samuel Trustee

Date: 17 October 2023

7

Aroma of Jesus Ministries

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Aroma of Jesus Ministries

Year ended 31 March 2023

I report to the trustees on my examination of the financial statements of Aroma of Jesus Ministries ('the charity') for the year ended 31 March 2023.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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.

Mijos Xavier ACA FCCA Independent Examiner

Xaviers Accountants Limited Chartered Certified Accountants Suite 3J, Recycling Lives Centre 1A Essex Street Preston PR1 1QE

Date: 17 October 2023

8

Aroma of Jesus Ministries

Company Limited by Guarantee

Statement of Financial Activities (including income and expenditure account)

Year ended 31 March 2023

2023 2022
Unrestricted
fundsTotal funds Total funds
Note £ £ £
Income and endowments
Donations and legacies 5 183,801 183,801 162,188
Investment income 6 273 273 3
───────── ───────── ─────────
Total income 184,074 184,074 162,191
═════════ ═════════ ═════════
Expenditure
Expenditure on charitable activities 7,8 (102,495) (102,495) (151,763)
───────── ───────── ─────────
Total expenditure (102,495) (102,495) (151,763)
═════════ ═════════ ═════════
───────── ───────── ─────────
Net income and net movement in funds 81,579 81,579 10,428
═════════ ═════════ ═════════
Reconciliation of funds
Total funds brought forward 85,593 85,593 75,165
───────── ───────── ─────────
Total funds carried forward 167,172 167,172 85,593
═════════ ═════════ ═════════

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 11 to 17 form part of these financial statements.

9

Aroma of Jesus Ministries

Company Limited by Guarantee

Statement of Financial Position

31 March 2023

2023 2022
Note £ £
Fixed assets
Tangible fixed assets 14 15,922 14,517
Current assets
Debtors 15 33,241 26,777
Cash at bank and in hand 132,701 56,819
───────── ────────
165,942 83,596
Creditors: amounts falling due within one year 16 (14,692) (12,520)
───────── ────────
Net current assets 151,250 71,076
───────── ────────
Total assets less current liabilities 167,172 85,593
───────── ────────
Net assets 167,172 85,593
═════════ ════════
Funds of the charity
Unrestricted funds 167,172 85,593
───────── ────────
Total charity funds 17 167,172
═════════		 85,593
════════

For the year ending 31 March 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised and are signed on behalf of the board by:

Mr J C Samuel Trustee

Date: 17 October 2023

The notes on pages 11 to 17 form part of these financial statements.

10

Aroma of Jesus Ministries

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 March 2023

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Aire Valley Business Centre, Unit 6, Lawkholme Lane, Keighley, West Yorkshire, BD21 3BB.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

11

Aroma of Jesus Ministries

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2023

3. Accounting policies (continued)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

12

Aroma of Jesus Ministries

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2023

3. Accounting policies (continued)

Tangible assets (continued)

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings - 20% reducing balance
Computer equipment - 33% reducing balance

4. Limited by guarantee

Aroma of Jesus Ministries is a company limited by guarantee and accordingly does not have a share capital. Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up, while he or she is a member or within one year after he or she ceases to be a member.

5. Donations and legacies

Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
£ £ £ £
Donations
Tithe & Offerings Donated 151,952 151,952 131,515 131,515
Gift aid 31,849 31,849 25,210 25,210
Covid 19 grants – – 5,463 5,463
───────── ───────── ───────── ─────────
183,801 183,801 162,188 162,188
═════════ ═════════ ═════════ ═════════

6. Investment income

Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
£ £ £ £
Deposit account interest 273 273 3 3
════ ════ ════ ════

13

Aroma of Jesus Ministries

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2023

7. Expenditure on charitable activities by fund type

Unrestricted
Total Funds		 Unrestricted Total Funds
Funds
2023		 Funds 2022
£ £ £ £
Support costs 102,495
102,495		 151,763 151,763
═════════
═════════		 ═════════ ═════════
8. Expenditure on charitable activities by activity type
Total funds Total fund
Support costs 2023 2022
£ £ £
Charitable activities 102,495 102,495 151,763
═════════ ═════════ ═════════
9. Analysis of support costs
Analysis of
support costs
activity Total 2023 Total 2022
£ £ £
Staff costs 17,023 17,023 17,830
Premises 39,254 39,254 34,018
Communications and IT 1,122 1,122 642
General office 22,261 22,261 18,571
Governance costs 2,009 2,009 2,647
Depreciation 6,093 6,093 4,965
Gifts and donations 14,733 14,733 73,090
───────── ───────── ─────────
102,495 102,495 151,763
═════════ ═════════ ═════════
10. Net income
Net income is stated after charging/(crediting):
2023 2022
£ £
Depreciation of tangible fixed assets 6,093 4,965
═══════ ═══════
11. Independent examination fees
2023 2022
£ £
Fees payable to the independent examiner for:
Independent examination of the financial statements 1,500 1,500
═══════ ═══════

14

Aroma of Jesus Ministries

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2023

12. Staff costs

The average head count of employees during the year was 2 (2022: 2). The average number of full-time equivalent employees during the year is analysed as follows:

2023 2022 No. No. Number of staff 2

No employee received employee benefits of more than £60,000 during the year (2022: Nil).

13. Trustee remuneration and expenses

One of the trustees is a pastor and during the year charity paid pastor allowances amounting to £9,480 (2022: £9,480). However, no trustees received any remuneration in respect of their services as a trustee during the year (2022 - £nil).

One trustee incurred expenses of £1,434 for travel during the year ended 31 March 2023 (2022: £4,653 - Two trustees).

14. Tangible fixed assets

Fixtures and
fittings Equipment Total
£ £ £
Cost
At 1 April 2022 30,794 15,030 45,824
Additions – 7,498 7,498
──────── ──────── ────────
At 31 March 2023 30,794 22,528 53,322
════════ ════════ ════════
Depreciation
At 1 April 2022 21,782 9,525 31,307
Charge for the year 1,802 4,291 6,093
──────── ──────── ────────
At 31 March 2023 23,584 13,816 37,400
════════ ════════ ════════
Carrying amount
At 31 March 2023 7,210 8,712 15,922
════════ ════════ ════════
At 31 March 2022 9,012 5,505 14,517
════════ ════════ ════════
15. Debtors
2023 2022
£ £
Prepayments and accrued income 1,608 1,608
Other debtors 31,633 25,169
──────── ────────
33,241 26,777
════════ ════════

15

Aroma of Jesus Ministries

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2023

16. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 6,205 4,639
Accruals and deferred income 2,999 2,361
Social security and other taxes 590 622
Other creditors 4,898 4,898
──────── ────────
14,692 12,520
════════ ════════

17. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
At At
1 April 2022 Income Expenditure
31 March 2023
£ £ £ £
General funds 85,593 184,074 (102,495)
167,172
════════ ═════════ ═════════
═════════
At At
1 April 2021 Income Expenditure 31 March 2022
£ £ £ £
General funds 75,165 162,191 (151,763)
85,593
════════ ═════════ ═════════
════════

18. Analysis of net assets between funds

Unrestricted Total Funds
Funds 2023
£ £
Tangible fixed assets 15,922 15,922
Current assets 165,942 165,942
Creditors less than 1 year (14,692)
(14,692)
───────── ─────────
Net assets 167,172 167,172
═════════ ═════════
Unrestricted Total Funds
Funds 2022
£ £
Tangible fixed assets 14,517 14,517
Current assets 83,596 83,596
Creditors less than 1 year (12,520)
(12,520)
──────── ────────
Net assets 85,593 85,593
════════ ════════

16

Aroma of Jesus Ministries

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2023

19. Related parties

During the year loans remained outstanding to S Software Limited, a company under the control of Mr and Mrs Samuel (Trustees of Aroma of Jesus Ministries). The balance owing to S Software Limited at the year end date was £4,756 (2022: £4,756). This loan is not interest bearing and is repayable on demand.

17

Aroma of Jesus Ministries

Company Limited by Guarantee

Management Information

Year ended 31 March 2023

The following pages do not form part of the financial statements.

18

Aroma of Jesus Ministries

Company Limited by Guarantee

Detailed Statement of Financial Activities

Year ended 31 March 2023

2023 2022
£ £
Income and endowments
Donations and legacies
Tithe & Offerings Donated 151,952 131,515
Gift aid 31,849 25,210
Covid 19 grants – 5,463
───────── ─────────
183,801 162,188
───────── ─────────
Investment income
Deposit account interest 273 3
──── ────
───────── ─────────
Total income 184,074 162,191
═════════ ═════════
Expenditure
Expenditure on charitable activities
Wages and salaries (16,680) (16,680)
Employer's NIC (343) (1,150)
Rent (20,475) (18,859)
Light and heat (3,883) (2,626)
Repairs and maintenance (12,233) (11,875)
Insurance (2,663) (658)
Motor vehicle expenses (7,017) (12,534)
Legal and professional fees (2,009) (2,647)
Telephone (651) (534)
Other office costs (471) (108)
Depreciation (6,093) (4,965)
Other interest payable and similar charges (319) (117)
Advertising (2,746) –
Sundries (6,139) (4,912)
Gifts and donations (14,733) (73,090)
Resources (6,040) (1,008)
───────── ─────────
(102,495) (151,763)
───────── ─────────
───────── ─────────
Total expenditure (102,495) (151,763)
═════════ ═════════
───────── ─────────
Net income 81,579 10,428
═════════ ═════════

19

Aroma of Jesus Ministries

Company Limited by Guarantee

Notes to the Detailed Statement of Financial Activities

Year ended 31 March 2023

2023 2022
£ £
Expenditure on charitable activities
Charitable activities
Support costs
Wages and salaries (16,680) (16,680)
Social security (343) (1,150)
Rent & rates (20,475) (18,859)
Light and heat (3,883) (2,626)
Repairs & maintenance (12,233) (11,875)
Insurance & licences (2,663) (658)
Travel & motor (7,017) (12,534)
Accountancy & legal fees (2,009) (2,647)
Telephone (651) (534)
Postage and stationery (471) (108)
Depreciation (6,093) (4,965)
Bank charges (319) (117)
Advertising (2,746) –
Sundries (6,139) (4,912)
Gifts and donations (14,733) (73,090)
Resources (6,040) (1,008)
───────── ─────────
(102,495) (151,763)
───────── ─────────
───────── ─────────
Expenditure on charitable activities (102,495) (151,763)
═════════ ═════════

20