JESUS RENA TRU8T TRV¥TEES' REPORT APID ACCOUIITS YEAR EWOED 31 CCEM8ER 2023 CHARfTY REGISTRATION 140: 1142994 OMPANY HOUSE NO- 07680806
JESUS ARENA TRUST FINANCIAL STATEMENT8 YEAR ENDED 310e¢EMBEII 2023 CONTENTS PAOE LEGAL AND ADMINISTRATIVE INFORMATION REPORT OF THE TRUSTEES REPORT OF THE WOEPENDENT EXAMINERS STATEMENTS OF FINMCi4LACTWITIES BALANCE SHEET NDTES TO THE FINNcIAL STATEMENTS 7-10 INCOME AND EXPENDITURE
JESUS RENA TRUST LEGAL AND ADMIN18TRATNE INFORMATtON YEAR ENDED 31 DECEM6eR 2023 CHARITY REGISTRATION NUM8ER.. 1142994 REGISTEREO oFFE.. 99g Alae RcoaHse BeCKh BR3 SHP TRUSTEES.. Lara G8nSyu Aknutu TYwtOPo Sd8 Olanl OlJ$8gun Ae89 Ir59 Alnl-Onydior8 Ilnist£r in Ch8 Orioke ACCOUNT ANT 8( Accpunt3n15 Church ACcwnll$ and Ad%1$5 4a48 Streat DUord DA1 IBX
JESUS IREWA TRIJST REPORT OF THE TRUSTEES YeAR ENDEO 31 OECEMBER 2023 The twJtee5 present thr re1 theIrWlvj stoternent¥ tsf fCrtheyredQd 31¥t embEr 2023. Tha trust3 have ad the 9r01s3 of the staml d Recommend1 Prxtlce ISORPI'AcwJnUtty and R8pJtlw by Ch¥Tib08' l¥$ued In Mwch 2005. Gr•vqrnlnB Documvnt Jesu8 Arena Trust 1$ a ¢h8rrf8ble ¢iYnpany limited bygu8rynlep rparated th7 23rd JunB 2011 ss B ch8rtty 218tJuly2011. Th8Ccmp8nyw8$ 8etsbbsW ur¢r B m9MrnUrn of vA¥ch esl8bli8h•Y tho ptrwws d the¢itL•¢¢¥wY1j 904wn•d 1$ s Articl89 of A88Cti8tr). (9•nI4•110 Stru¥T9 •nd D•¢llon M•k¢ThR Th8 Trusi885 rnew r99vrtYto m3n8y9 blg8ff8lr$ ol Ihg Ch8rlty. The Minbter In ¢h8oe h88 the d8W•J aUthty lu d¥IaY deCisiL ba5d Ihevi$p)n set by trustess thtr¢lwr¢h Admlnlstratrover8888 lh8 runnSw of tho church Qbl•ctiv•B Ind ktviti•s The¢ttariVs ¢bjects w¢3pecificdty re8kncted to e¥laWLSh and Djnniffj a(hCh.. mdnlalnlng ih 0(68n1 of Chriskn 18bth.' rng slckne5s rnancI hardsh llrwgh PfUi$iun d¢trJn$dlinu and 8UPPth'. adwaneing 8du¢aibn In p8rts cl Unit•J Kin9dr¥n world 85 Irvstees Ihlnk rrt. fhegerr ¢hant¥)le purrNxe of Tha J68us Arena Tr1 are . Educètw and Ir8inlng . The DreIlLll or rdief cl wvtrty . Pro%I5knD avj and fanlrn rdw Rdigiw5 act1118$ 81r4tggl•s lorAGhlevln9 Oblo¢tlves The man acUbib$ ol tho ¢huYch fdbxs . Sunday s1¢9 . Surhd8y ScttrKllrr all w Qrf thlkl . WeY Sluty . H$6 Fa81p al centres In . Organising rebo15 mn95 in ((dw10 5UkPtyt I¢0UnItybOfll . Fund$ IhrtyJ9h oxtsmdly and intern1 ConfiqGt•d Ch8rWS9¥ Th• Church 15 a fflwnber ofthe Rede Chd8lW Church & Gcyj IRCCGlwhkh has parishes gll Ihe wcAd. PHrish's rdthl8hlp Wilh RCCG and fAW p8nshBs by 8n.AgrBemontf Cornrn Purp05es' Appdntm•nt of Trus1¥ Tmsiees wo appc4nlgd on th8 basks cl ilw hdl%rydu and 8xp•S•ices. End Jesus Trttsi hès %Yhi¢h Ihty8re8Ne 10 fill cr CQF)tribule to by Ihwr cornrnthnenl 10 GAT its wsion. oth05, aims and ablectivBs. Thoy are m8t by all ox181ing board then reA and VOt8en Ihe n&¥ appnI1. TN8to Indu¢tlon and Tralnlng N8Yly aPpri tru$ts brief•J on the c£vnpans Memorsndum and Artkd8s ol AsSOCl8bon gibw on 0r01 th etynPonVs fin8n¢i¥ perftsTr8re. Th8 Incl8 of b)8rd and lis 8158 are 8Lsowl8in¢d as 8ré indmdua ILle6 wptyislbllM and obl1g1$ under Chwty and Cttrp8nylaw. Trvsl•88 are$0 wKwrJged 10 aknd appropTlaie extsma Iralnlro events •the8&YAl114CIpI?1etkne undÉrtaklng clthelr rde.
JESU8 ARENA TrUJT RÈPORTOFTHE TRUSIEEB YeAR ENDED JIST DECEMBER2018 Publ1¢ b•n•fft Stst•m•n¢ In d•wmnlng tha tho trusiea r•gar4• Comml•ith'i oan•Ntand 4tfj ir¥cl¥•l In ChrfsUEnixtrwKh PwraThd951yngd itsinrMwChriats) onuJ4nd iw•Jd ih•g• d(yJr LoTd Jwul Crfrt R•vl•w olActfvhlM The Tru8ie88 ar¢ pkn•6ed wth Iho resuttdthfrflnCl reth ond wlklp•i• a 1)Dttw4junll In Ihe cnIng Communlty Inltlathi•• In 2023-gfvlAg to th• ¢ommunlty . Fd bank Tlw FL¥yJ Bank Pftii ol th8 chuich woyr•89d furthw in 2022. In 84bLon th 8UF4lm8rkÉi6, w•thty lotrJb8nk wa$ aot UP Ihwh th• IlthmÉ 8nd a88Va wg M•$¥1 toltt• h618 and wtslnwabh m•mLs OT £trnunty Rl•k •9M•1 Tho Trualétr8 atkrtylo IdanUfyW r•vbw lh• riiks io %thlch Ihoch•ntyL •nd t) •niuf• r10 11¢18 em In pllgc•10 Pfob4d• f•gWl8 os$ur8nc• 4dnsl (Faud 4nd •rrty. W• Clinu0 io 8•1. raew, and pn 811 n8k %tlch tho 991•1110 maylace, ¢ In the lului8 w8 88111# th•1 8mI Ind Pffx•du In plic4 to mldg our•¥owr•to th•m•Jtyrfik R•vN• Polky Th• LYg8nlsai MaInn8 suftlchm ca•h iolwy emr Iti liiblWlq• ond J•iui•ni Truilr•vJr¥• PDlicy ¥irni tc •niur• YnAI ih•oTg4nlMiion ¢•n th•vdu•olitA n•1 int¢mH I511houl Incuinng unnKei•¥¥ rtsk. Th•sw•r41 prov• a ol prdbtyl to GAT tr>mnig• ¢nAn9ifvJ financ4 ¢ium6¢18. 451loln In Incomoorunvthvdul•Y •JOilon4 •w•roIU. Th• pcllcy Is Futur• D•v•lopm•ht• Tho Cnurcn 111 ClInu0 lo expkY• WWB rA gprwllw the Jo•w Cly1 In an offecU¥8 mwner. Th• Chorty l¥ looking to mik•its•ll rNx• vliibh In th• w••dmrM i•hyorK• In th• Burwgh. Thls rrpyl wa& 4ppr d ty the bDwd cl tru$lo., Odunrfan OltsrpaTrli Orkkn (MI$ Jnchw
JESLIS ARENA TRUST REPORT OF THE INDEPENDENT EXAMINERS YEAR ENDED 31 DEceMBER 2023 I rew tt)& fwthe>8rwded 31stOecemt• 2023 8et p4e5 fi%t W>1. R••pKts¥• r•pon•lbllltth of tnJgttt• •n41 •xarnlnv The Ghantys Iru$te8s are responsiblef Ihe pryation of lhe¢wnts. The chanvs trustees con51derlhal an F4JdJl 15 not rwuirgJf¢x thi5 year lulldÈr sli0n 144(21 ol thB Ch&rib'És Act2011162011 Adll and Ihal dn ind@pdlnvrWUQD j rtyulrthj. Having Batitsfled thaithe ¢h•ity * n£rtsubJ'l0 audit undwcWY M¥and is dIgib frK In¢ep8ndent8ywnin8ti. it Is myfesprmsitmlityto.. - owino thè accounts undBr S8chon 145 of tho 2011 Act - lo lellow the procthore5 ld In tho Gene DItiona bylhB Ch¥tyctynm$i lundersecuon 145(Sllbl d IhB 2011 Acll.. and . lo state whothgr rnatiw$ com• to my attwIv. Ba¥ls oltho Ind•p•nd•nt qxamlnoes r•port y ex8minslKrfTwa5 orritd Ixrt in c&danceW1th the Ger81 Dir11)$ givon by Ihe Chorily Commi65W. An oy8min&l bncludes a rthith¥ of Ihe &counlifi9 rOS kepl bylhe chartyBn(S a compari d the xcwnls pty5wied with rewd5. 11 alsoincludps con51derknn of unugu iiems u disti¢tsa¥ In the¥cwnl$. $eln9 ewan811ry Irrjm y Iru8iee8 CCninG any such Melt5. The prc¢ur35 undBriakgn do nDt tho th %wld bo 18quir8d In an audit. no Wn1 is grwn a5 iowhthw Iho act¢yJntts proseni a Iruo ano frV' and Ihè rwtl8 11mll Iolhose m8tt8r$ get 1 In eSt8188nI3 b. Ind•pDnd•nt •xamlthoV• •lat•m•rtt In Gonn11 vAth rnyex8fflln, nomattw has comeio my attgntion.. 111 which gi%s mo reaw8bl8 ceuaolo th, In any rfflatefj respact. the Nui¢8m8nls .iokaep a¢¢ounUrg wold$ in ¥¢ordwce wlth SeAfm 386 and 387 rfthe Ctsxp8ni05 Ad 2006., -ioprewe whi¢h 8cctyd 1h thetnr0 rordS. c£mpty W the accounbn9 rwuli8rn8nts of SÉGllon5 394 d of thw Cunpank5 2LNK th th6 mèthcwJ8 anLI rAfvSlbtrffiétyl of R0Mmth Pl1. A¢counling Rawting byChaiib•s hn(l been m8( 121 lewhith. In my opfftty, 40 shwbj be in order to9 a undW$ld1n9 of the cntS iba Ommnmi Shth8. FCCA BLd ACnIan15 Church Actjnnts and AdvisrKs 43 SlreBt D8rtftyd, K1 DA1 iex OAie' 27 Juty 2024
JESUS EA TRU$T STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED J1 DECEMBER 2023 Unr•itrict8d 2023 INCOMING RESQLIRCES 2Q22 Incamlnu resources Irom g•fi•ratedlun¢ts Tllhes & OffÈrinoS HMRC- Gill dd Other InGatne 116.042 19.693 5.559 Y¢E80UR¢E8 EXPENDED ReSrreS EXPdj ioCh8rfLqbPa Aclmtitss 81.520 21.4fj4 2.8TJ 94,971 GovErTrCe eth%t TOTAL RESOSJR¢e$ EXP£NoeD NEY INCOIAEIEXPENDITURE FOR THE YER £47,118 57,494 RECOlLiATIoN OF FUNOS Prlory•ar adlustm•nt Tot•1 fvntt$ lJroughtlorw•rd 394.608 TOTAL FUND ¢RAIED FORWARD None of ihg th¥W$ actbribes yre acquirA or dIsclr$dur1ng theiwr therewwè no r1591n5 b&ses lor2016 or 2017 other Ihap thtselnc1Ud in the stai¥nitolfiIw ELI1¢$. Tho nc48s on p488 7 10 10 forn part d IhgsècoJnis.
JESUS ARENA TRUST BAihJ4CE SHE YEAP ENDED310ECEMBER iQ23 FIXED ASSETS T8ngiblèasso 0.702 CURRE14T As$eTS D8biors C8shAI bank4nd In h iy,sos 17.SOS CREDrroR8'. duo wltNnoM y roTALAS8ETS LESS CURRENT u18ME5 FIJNDS.. UDrosit Funtys Th•fi swemefflls p*d bythea0ar6TSfjn...... . . . ItÈb4h4lby". Odunh•n OlurAntSOr TrCh•r Thenths m pages 7 10 10 frym pArtdkn50aGcryJnt6.
JESUS AREIIA TRUST F40TES TO THE ACCOUNTS YEAR E14DÈD 31 DECEM8ER 202) 1. ACCIJVPIIG POLICIES B••l8 of pr•parlag th• llnanclal St0Mnt Tho lin8nci81 $wlS have W pwargd In a¢cuthco ActtIng Rwytire ty ch189". S10ment of Prarlke applicabkry to GtW41ié8 WP8rin9 Ih•r nIS in nCe with the FinanGiBI StsndaTd applice In ihe UK 8nO Rewbllc d Irdand IFRS 1021 lertE¢tNE 1 Jaluary 20151- ICharili6$ SORP IFRS 1021.Th8 Finan¢d Reprytkng Standard in the UK Id RepU1C of Irolwd IFRS 10218nd the Comwi&s Act 2006. Accountlng ¢onv•Dtlon The finarrial statnents hava bean prepared Und th8 ni81orl¢d ¢0st¢QDVWtim, the exceptbn of vostmwts whi¢Th ar& Includad 8t mth61Uo. tnt ¢harlti¢s Act 2011 and th8 wulrwwts d the of Proeiw, Accgjntiro and R6pNbng by Chwil In¢ornlm4 r•wu¥¢ I Incthng rer[ are Includrf m Ihg Ststwl cl FInan1 whw Iho cAty1$ l•Jlywikw to Irt( an¢ th• 8mwnl Gw bo qu8nlflgd wth rgYSM8bl• or¢ur8Cy. Tllho$ & Offorln In¢01T Iilh85 offwlngs, 1$ includtsy In los(¢88 arfj rewvatle Insslmenl Incomg 1nwslmi inccm8 lS1$ ol rLet iniwe8t r8celwJ durkng le>wr othJ a¢coUnlf¢ un(681nclth¥ fund R••ourc•ts •xwnd•d Exp8DdKure ¢wn18d for¢m on 0rs ba$Ls id h8y Bbs$if under h&8dings thot 4grwJat& dl ¢c6t io lh8 ¢8iwJwy. Wh8r8c¢tsts c8nn(l ts dIdY attribuby t0pwtsttularhIn9s th6y h& baoo to %li¥Trli8s on a basis $181¢nI wkh Ihe u80 of r8BcwfC&8. charkab aClThryl C05ts of ch&it8Lle actiwllas are thoseetsgts rdabng totho Earrted 10 m86t tho d)jeC¥ rltha Church. The88 include ¢tsfy trlabl# ¢e4tts supwt crtsts. Gov•man¢• ¢oJt Gowwce crfj15 arg the C15 aslairI with str81l¢ d1rxli 011he58tl and mthyj ulotwr•5pon5ityilthS fft¢luding •pwtbx8d $upwicosI. Tanglblo flx•d Ogpr1W &flIrth1 rBle5 In ordertswrtorrfl a5Sat Dver ily estimatsd usefLI Irf& T8ThJiW• AsJrfJ . 20% ¥c4t T•¥a¥on crity18 exp1 Irun ¢c¥pwthion its ¢hBritil¢ artMIi88. Fund A¢¢ountlnp Unreslncied furbds b8 U88d in &¢cden¢a wth th8 ¢tbknobleB1mS at th¥ discreti of the iru8t885. Rostrkt9d fund$ can only be used Ity POrti¢ulor rgslrict•J purEese5 wiINn therA)Its ol Ihethartiy. R8tstrt¢Uon8 88 ¥h8n Èpacifi•J by theifw fn9 aro rSl lorpwtiGular r681ri¢W puT58s. Furfher ewanatson of Ihe nabore and purpose al p&h fund ts inu¢0 kntrenote& tothe finandal 818temants.
JESUS AENA TRUST NOTES TO THE ACCOUls YEAR ENDED 31 DECEMBER 2023 .VOLULTARY IPICOME Tlthes & Iylerlngs HMR¢- Glll clam Olhw IncuDe k intere81 116.042 19.893 ts.559 Incomlng ruojrc . CFiARITABLE AcTlEs Premist Rent tsther Epwa8& sity4e Rani COnferce Centrvj ofliGe COF Misslo 29,764 3,173 7,041 1,OLK) 13,199 2,346 5,D38 400 200 5,969 2,000 1,440 2,036 4,191 430 Hospildity Wdfare Grfts ID mwnbe Grfts- Exiern Ch4dtaW8 P•an$e expense BfAs periCaL Church &quipmwl Childr•i Church Instruments 1,165 6.144 2.753 2.800 3,862 18.040 1,965 20,040 124 3.574 4.740 2.537 1.550 4. L•9nl aThd prol•4elonal ind IMi•*tmwNts ConsulWCy ExxThn8r8 fe8 5. SUPPORT C08TS.. MlAGEmENT Bwk Chwg69 Adthi5ing &id Prlnlir OffXP9ns6S Slaft Trwning * GiltÈ Td8phone and Inlwn•t EMye&S Notiwl Insuonc siaff SpJ8ri89 Tra Exw8a9 DlatIC Sundry 186 657 1.368 37 1.076 525 3.324 815 9.960 1,004 2,255 5.420 1.340 3,679
JESUS ARENA TRUST N07es TO YHE ACCOUMT8. coprriNUED YEAR ENDED 31 DECEMBER 2023 811PPORT C08T8.. FIF4ANCE CKARGE8 022 Bank Chw98S 7. ST1 COSTS No èmJoyoss In •xc•6s of £60.OQ). Tt••&' •xp•ns•ts Tw0 nOlrust•&S' lhor end 31st Dnb?0I7 ntyfiy the 31st 2016. The avw•JD numbw of wnpioya6s by lUrK0.. a. FIXEP $ÉT8 QST At Isl J8nUWy23 I19,B OEPREeiATION Openin9 Bace Chwg¢ ILY the Or 23.311 89,554 112,865 NET BOOK VALUE As al 3151 De¢em)er 2023 As al 31$1 Decémbor2022 9. CAEDrroR8.. *Jhouttt8 lalmng 4u•4ft•r on• year Oth8r Crthsiiors Includgts In crlt5 15 ¥nrxJnL8 d£40 a40due to th8 HMRC of 8kJ whlGh Is nrAv repahy.
10 JESL15 ARENA TRUST NOTES TO THE ACCOUNTS YEAR ENDEQ 31 DECEMBER 2023 10. MOVEMENTS IN FUNDS lJnre•lrl¢t•d Fund• Fur Gen*d fvnd for the fund Drouohl f4yv48rd 47,116 57,404 Tot81 lund8
11 JESU¥ ARENA TRUST INCOME ANO ExPENDVRE YEAR E14DEO 31 DECEMBER 2023 VOLULTARY INCOME Tlth8s & Offering¥ HMRC- GM claKn Other Incorne 116,042 19,693 5,559 T( Inctrnlng reSJrCo expENSES TO GeNEPATE VOLUPARylI1CoME Pr•niso Rent and Exp•n588 Siora90 Rwl 29.7e4 3.173 7.041 600 400 2.000 1.440 2,038 4.191 430 13,199 2.346 5.028 400 C8nir* office COF MV Honararium HospilIY Wdfare Gllt5 to metnbws ft5. Eerna Ch8riLqblB donakn$ Man50 wen$e 1,165 6,144 2,753 2,800 3,862 18,040 225 2.537 1,550 20,040 124 3.574 4,740 church EqUIrynl Children Cjr¢h Instrurn•itS L•B•l and prof•HlrJnthl •nd IAv•4lm•nts CN$ullancy Eysnws f 2.872 SUPPORT COSTS". MANAGENIENT Bank Chgrgoa Adwertlslro and Printing Qfflce exwse5 St8ff Training and Grfts Teleph * InlHnot Empw N8ttrtl Insur¢6 staff Sakgnes Tra¥d Expensès 0gpreGi&un Sundry 1.368 37 1.D76 525 3.324 815 9,960 1.304 3,679 657 1,004 2,25S 5,420 1,340 Surplus IThGOmO