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 2024 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 2024 Page Trustees, annual report (incorporating the directorfs report) Independent examinerfs report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position 10 Notes to the financial ststements 11
Aroma of Jesus Ministries Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) Year ended 31 March 2024 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 2024. Reference and administrative details Registèred charity name Aroma of Jesus Ministries Charity registration number Company rngistratlon number 06851047 Principal office and registered Aire Valley Business Centre officè Unit 6 Lawkholme Lane Keighley West Yorkshire BD21 3BB 1138882 The trustees Mrs R Samuel Mr J C Samuel Mr D Tumer Independent examiner Mijos Xavier FCCA Xaviers Accountants Limited Chartered Certified Accountants Suite 3J Recyding Lives Centre 1A Essex Street Preston PR1 1QE
Aroma of Jesus Ministries Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (¢orttlnueil) Year ended 31 March 2024 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) (effeGtive 1 January 2019}. Governing documents The Gharity 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 nèw 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 wrthin the Memorandum and Articles of Association. The name of the Chief ExecLrtive Offir 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 I directors Wre appointed within the period. Risk management The charity's main risk is falling numbers attending the primary meetings perweek. 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 fvlfil the ststed financial objerts 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 benefrt. The key strategic tools for meeting the objectives have been and remain.. The developing of a praying church. - A weekly Bible study lead by the pastors of the church. - A successful connect groups that meet at least onr2 per ek. - The running and establishment of a children's ministry.
Aroma of Jesus Ministries Company Limited by Guarantse Trustees. Annual Report (Incorporating the Directofs Report) (continu Year ended 31 March 2024 Objèctives and activitles (¢onllnued) Provision of any care required to meet the pastoral needs of any person that requests it or is seen to be in need of physical and financial support, also support for the elderly and the sick. Provision of practical help as and when necessary for example helping many destrtute people with financial provision and guidance to overcome a failing life. Assisting those in financial and relational crÉsis. Monthly men's and women's meeting with invites to others who don't normally attend church. Christmas Carol event as a huge outreach event. 1 week for prayer and equipping meeting, in January for building up and focusing for the year. Strong presence in the social media th messages that are broadcast regularly. Extending and raising a great music and worship ministry. - A strong evangelistic team in place to reach OLrt to those in need. Pastorfs Joshua and Reeba Samuel spend a considerable period of time counselling, advising and help Gongregation with private coaching and counselling sessions. The facilities in the building allows us to expand on all areas of our vision. Getting the sound system and other ministry focus in place has been a key aa of work the Charity has undertaken. - A further emphasis would be placed upon leadership training to maximise our potential. The charity's activities are those as ststed above that are concomitant with the setting up, establishing and nurturing of a church. The main activities are based around church fvnctionaltty as demonstrated above. Strategic report The following sections for achievements and perfomance and financial review form the strategic report of the Ghaflty.
Aroma of Jesus Ministries Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (condnuedj Year ended 31 March 2024 Achievements and perfomiance The board of trustees are very happy with the progress that the charity has continued to make during the period to the 31st March 2024, and consider that the tharity remains well placed to build on the work being done by the charity in the pursuit of its objects and aims. The Gharity 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 communty 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 wrth debt. The advancement of health and the relief of those in need by reason of youth, age. ill-health, disability, financial hardship. or other disadvantsges. Continual leadels meeting have been taken place to encourage and equip leadership. 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 ¢harity'S main objectives for tho 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 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 pla¢e 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 Ihe Monday night at 7.30pm in the building.
Aroma of Jesus Ministries Company Limited by Guarantee Trustees, Annual Report (Incorporating the Directorfs Report) (continu Year ended 31 March 2024 Reeba Samuel and Joshua Samuel covered the following speaking engagements.. 02-May-2023 to 12-May-2023. Pastor Joshua went to attend Christian men's bootcamp in Pennsylvania. 19th and 20th May, we had finance master class - 2nd and 3rd Jun, Reeba preached in Harrogate meeting 11-Jun-2023 Sheldon Bangera - 18- Jun-2023 Fathers Day 19-Jun-2023 Faith Lrfe Centre Manchester - Ps Reeba preaching - 21-Jun-2023 10 25-Jun-2023 - Belgium meetings - 02-Jul-2023 Family Conference 4th and 5th Jul 2023 - Blessing Bradford at St Georges Hall Bradford - 6th to 9th Jul 2023- Wales Warehouse ChurGh 13-Jul-2023 mens meeting 14-Jul-2023 Healing and Mirade Revival meeting at Bradford football stadium - 2se2023 to 03-Oct-2023 Joshua and Reeba travelling to Pennsylvania USA 17th to 19th Nov 2023 Dr Guy & Ilke Peh 3-Dec-2023 Faith Lrfe Centre Manchester - Ps Reeba preaching 9-Dec-2023 Christmas Production 31-Dec-2023 Watch Night Service 1-Jan-2023 Prayer & Fasting. Ps Reeba, Ps Isaiah. Ps Linda, Ps Joel preached on different dates - 26th and 27th Mar 2024 - Revival Meeting London 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.
Aroma of Jesus Ministries Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (contlnu•dJ Year ended 31 March 2024 Achlevemants and perfonnance (continuedj 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 tho charity's strategies for achieving its statsd 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 staled 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 Charty 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. Investmènt perforniance There have been no investments made by the charty 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.
Aroma of Jesus Ministries Company Limited by Guarantee Trustees, Annual Report (Incorporating the Directorfs Report) (¢ofttlnuedJ Year ended 31 March 2024 Financial review Principal funding resources Donations and gifts are our principal sources offunding. This funding has supported our outreach in our yOLrth 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 stsndard bank account however if this is feasible in the future the Irustees will agree how fijnds are invested. Financial review As stated in the introduction to this report. the trustees consider the financial perfomiance by the charity during the year to have been satisfactory. The Statement of Financial Activities show net incoming resources for the year of a deficit of £16,357 (2023: surplus of £81,579). The total reserves at the yearend stsnd £150,815 (2023: £167.172). Reser4*es 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 areworking on plans to reach out into the communty and expand our youth and children's work. The trustees, annual report and the strategic report were approved and signed on behalf of the board of trustees by.. Mr J C Samuel Trustee Date: 18 December 2024
Aroma of Jesus Ministries Company Limited by Guarantee Independent Examinerfs Report to the Trustees of Aroma of Jesus Ministries Year ended 31 March 2024 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 2024. Responsibilitiès 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 14515}{b) of the 2011 Act. Independent èxaminerfs statement I have completed my examination. I confim that no matters have come to my attention in connection with the examination giving me cause to believe= accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or the financial statements do not accord with those records; or 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 fairf view which is not a matter considered as part of an independent examination.. or the financial ststements 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 IFRS 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 ofthe accounts to be reached. Mijos Xavier FCCA Independent Examiner Xaviers Accountants Limited Chartered Certified Accountsnts Suite 3J, Recycling Lives Centre 1A Essex Street Preston PR1 1QE Date: 18 December 2024
Aroma of Jesus Ministries Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2024 2024 Unrestricted fijnds Total funds Totsl funds 2023 Income and endowments Donations and legacies Investment income 162,319 1.721 162.319 1.721 183,801 273 Total income 164,040 164,040 184,074 Expenditure Expenditure on charitable activtties Total axpenditure {180,397) (180.397) (102,4951 {180,397) (180,397) (102,495) Net (expenditurellincome and net movement in funds {16.357) (16,357) 81,579 Reconciliation of funds Total funds brought fOard Total funds carrièd forward 167,172 167.172 85,593 150,815 150.815 167.172 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 pag8s 11 to 17 fomi part of the8• financial stat•meTrts.
Aroma of Jesus Ministries Company Limited by Guarantee Statement of Financial Position 31 March 2024 2024 2023 Note Fixed assets Tangible fixed assets 14 13.590 15,922 Current assets Debtors Cash at bank and in hand 15 27,876 120,525 33,241 132,701 148,401 165,942 Creditors: amounts falling due within one year Net current assets 16 (11,176) 137,225 (14,692) 151,250 Totsl assets less current liabilities 150.815 167,172 167.172 Net assets 150.815 Funds of the charity Unrestrirted fvnds 150.815 167,172 Total charity funds 17 150.815 167,172 For the year ending 31 March 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities.. The members have not required the company to obtain an audit of rf(s financial statements for the year in question in accordance with sects.on 476. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of finanual ststements. These financial statements have been pPared 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 for issue and are signed on behalf of the l)oard by.. Mr J C Samuel Trustee Date: 18 December 2024 The notss on pages 11 to 17 ft>nn part of these financial statements. 10
Aroma of Jesus Ministries Company Limited by Guarantee Notes to the Financial Ststements Year ended 31 March 2024 General infonnation The chanty is a public benefft 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. Statsment of complianc8 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 1021 (Charities SORP (FRS 102)) and the Companies Act 2006. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis. as m¢Jdified 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 aboLrt 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 expenence and other factors, including expectations of future events that are believed to be reasonable under the cirGumstances. 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 eam)arked by the trustees for particular fvture project or commitment. Restricted fiJnds are subjected to restrictions on their expenditure declared by the donor or through the temis of an appeal. and fall into one of two sub-classes: restricted income funds or endowment fijnds. 11
Aroma of Jesus Ministries Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 Accounting policies (contlnu•d) Incoming resources All incoming resour$ 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 Gan be reliably measured. The following specific policies are applied to particular categones of income.. income from donations or grants is recognised when there is evidence of entitlement to the gift. receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably. in which case the value is denved from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the ontribution of general volunteers. income from contracts for the supply of services is recognised wrth the delivery of the contracted seNice. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and retumed if unspent, in which case it may be regarded as restricted. Resources exponded Expenditure is recognised on an accruals basi5 as a liability is incued. Expenditure includes any VAT which cannot be fully recovered. and is classified under headings of the statement of financial activities to which it relates. expenditure on raising funds includes the costs of all fundraising activities, events, non- charitable trading activities, and the sale of donated goods. expenditure on charitsble activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries. including Ihose support costs and costs relating to the govemance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expendlture on charitable activities. All costs are allocated to expenditure r2tegories reflecting the use of the resource. Direct costs attributable to a single activity are allocated direcuy to that activity. Shared costs are apportioned beeen the activities they contribute to on a reasonable, justifiable and consistent basis. Tangible assats 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 (eontinued) Year ended 31 March 2024 Accounting policies (contiftu•d) Tangib18 assets (contlnued) An increase in the carying amount of an asset as a result of a revaluation, is CogniSed in other recognised gains and losses, unless it reverses a charge for impaimient 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. Dapreciatlon Depreciation is calculated so as to write off the cost or valuation of an asset. less its residual value, over the usefvl economic life ofthat asset as follows.. Fixtures and fittings Computer equipment 20% reducing balance 33% reducing balance Limtted by guarantse 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 ofthe 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. Donations and legacies Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Donations Tithe & Offerings Donated Gift aid 133,814 28,505 133,814 28,505 151,952 31,849 151,952 31,849 162.319 162.319 183,801 183,801 Investment income unStricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Deposit account interest 1,721 1.721 273 273 Expenditure on charitsble activities by fund type Unrestricted Total Fund8 Unrestricted Total Funds Funds 2024 Funds 2023 Support costs 180,397 180,397 102.495 102.495 13
Aroma of Jesus Ministries Company Limited by Guarantee Notes to the Financial Statements (contiftued) Year ended 31 March 2024 Expenditure on charitable activities by activity type Total funds 2024 Total fund 2023 Support costs Charitable activities 180,397 180,397 102,495 Analysi8 of support costs Analysis of support costs activity 1 Total 2024 Total 2023 17,023 39,254 1,122 22,261 2,009 6.093 14,733 Staff costs Premises Communications and IT General office Govemance costs Depreciation Gifts and donations 27.680 36,883 1,484 53.085 2,923 5,295 53.048 27,680 36,883 1.484 53,085 2.923 5,295 53.048 180,397 180.397 102.495 10. Net (expenditure)lincome Net (expenditure)lincome is stated after chargingl(crediting): 2024 2023 Depreciation of tangible fixed assets 5,295 6.093 11. Independent examination fees 2024 2023 Fees payable to the independent examiner for.. Independent examination of the financial statements 1,500 1,500 12. Staff costs The total stsff costs and employee beneffts for the reporting period are analysed as follows.. 2024 2023 Wages and salaries Social secunty costs 27,680 16,680 343 27,680 17,023 14
Aroma of Jesus Ministries Company Limited by Guarantee Notes to the Financial Statements (coniinuedj Year ended 31 March 2024 12. Staff costs l¢ontlnued) The average head count of employees during the year was 3 (2023". 2). The average number of full-time equivalent employees during the year is analysed as follows.. 2024 2023 No. No. Number of staff No employee received employee benefits of more than £60.000 during the year (2023.. Nil). 13. Trustee rnmunerdtion and expenses One of the trustees is a pastor and during the year charity paid pastor allowances amounting to £9,480 {2023'. £9,480). However. no trustees received any remuneration in respect oftheir ServIS as a trustee during the year (2023 - £nil). Two trustees incurred expenses of £2,660 for travel during the year ended 31 March 2024 {2023.' £1,434). 14. Tangible fixed assets Fixtures and fittings Equipment Total Cost At 1 April 2023 Additions 30,794 22,528 2,963 53.322 2,963 At 31 March 2024 30,794 25.491 56.285 Depreciation At 1 April 2023 Charge for the year At 31 March 2024 23,584 1.442 13.816 3,853 37,400 5,295 25,026 17,669 42,695 Carrying amount At 31 March 2024 5.768 7.822 13,590 At 31 March 2023 7,210 8,712 15,922 15. Debtors 2024 2023 Prepayments and accrued income Other debtors 1,608 31,633 27.876 27.876 33,241 15
Aroma of Jesus Ministries Company Limited by Guarantee Notes to the Financial Statements (¢ontlnued) Year ended 31 March 2024 16. Creditors: amounts falling due wlthin one year 2024 2023 Trade creditors AcGruals and deferred income Social security and other taxes Other creditors 4,514 1.500 122 5,040 6,205 2,999 590 4.898 11,176 14,692 17. Analysis of charitable funds Unrestricted funds At 31 March 202 At 1 April 2023 Income Expenditure General funds 167,172 164,040 (180,397) 150,815 At 31 March 202 At 1 April 2022 Income Expenditure General fijnds 85,593 184.074 (102,495) 167,172 18. Analysis of net assets between funds Unrestricted Total Fund8 Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year Net assots 13,590 148,401 {11,176} 150,815 13,590 148,401 (11,176) 150,815 Unrestrided Total Funds Funds 2023 Tangible fixed assets Current assets Creditors less than 1 year Net assets 15,922 165.942 {14,692) 167.172 15,922 165,942 (14,692) 167.172 16
Aroma of Jesus Ministries Company Limited by Guarantee Notes to the Financial Statements fcontifttsedj Year ended 31 March 2024 19. Relatsd parties During the year loans remained outstanding to S Software Limf(ed, a company under the ¢ontrol of Mr and Mrs Samuel (Trustees of Aroma of Jesus Ministries). The balance owing to S Sofvare Limited at the year-end date was £4,756. This loan is not interest bearing and is repayable on demand. 20