## **JESUS ARENA TRUST ANNUAL ACCOUNTS AND TRUSTEES' REPORT YEAR ENDED 31 DECEMBER 2025** **CHARITY REGISTRATION NO: 1142994 COMPANY HOUSE NO: 07680806** ## **JESUS ARENA TRUST FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025** |**CONTENTS**|**PAGE**| |---|---| |LEGAL AND ADMINISTRATIVE INFORMATION|1| |REPORT OF THE TRUSTEES|2 - 3| |REPORT OF THE INDEPENDENT EXAMINERS|4| |STATEMENTS OF FINANCIAL ACTIVITIES|5| |BALANCE SHEET|6| |NOTES TO THE FINANCIAL STATEMENTS|7 - 10| |INCOME AND EXPENDITURE|11| 1 **JESUS ARENA TRUST LEGAL AND ADMINISTRATIVE INFORMATION YEAR ENDED 31 DECEMBER 2025** CHARITY REGISTRATION NUMBER: 1142994 REGISTERED OFFICE: 99g Albemarle RoadHouse Beckenham Kent BR3 5HP TRUSTEES: Lara Ganiyu Alamutu Temitope Solanke Ayoola Olaniyi Olusegun Alese Idris Alimi-Omidiora MINISTER IN CHARGE Odunitan Oluranti Orioke ACCOUNTANT S&V Bond Accountants and Charity Advisors The Bridge Nucleus Brunel Way Dartford Kent DA1 5GA 2 ## **JESUS ARENA TRUST REPORT OF THE TRUSTEES YEAR ENDED 31 DECEMBER 2025** The trustees present their report with the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005. ## **Governing Document** Jesus Arena Trust is a charitable company limited by guarantee incorporated on 23rd June 2011 and registered as a charity on 21st July 2011. The Company was established under a Memorandum of Association which established the objects and powers of the charitable company is governed under is its Articles of Association. ## **Organisational Structure and Decision Making** The Trustees meet regularly to manage the affairs of the Charity. The Minister in Charge has the delegated authority for day-to-day decision making based on the vision set by trustees and the church Administrator oversees the operational running of the church ## **Objectives and Activities** The charity's objects are specifically restricted to establishing and running a church; maintaining the advancement of Christian faith; relieving sickness and financial hardship through provision of counselling and support; advancing education in parts of the United Kingdom and the world as trustees think fit. The general charitable purpose of The Jesus Arena Trust are listed below: - Education and training - The prevention or relief of poverty - Provision of overseas aid and famine relief - Religious activities ## **Strategies for Achieving Objectives** The main activities of the church are as follows: - Sunday service - Sunday School for all ages of children - Weekly Bible Study - House Fellowship at various centres in the community - Organising religious and social meetings to support members and for community benefit - Raising Funds through members - externally and internally ## **Connected Charities** The Church is a member of the Redeemed Christian Church of God (RCCG) which has parishes all over the world. The Parish's relationship with RCCG and other parishes is governed by an "Agreement for Common Purposes" ## **Appointment of Trustees** Trustees are appointed on the basis of their individual skills and experiences, the position and need Jesus Arena Trust has which they are able to fill or contribute to by their commitment to GAT and its vision, ethos, aims and objectives. They are met by all existing board members who will then agree and vote on the new appointment. 3 ## **JESUS ARENA TRUST REPORT OF THE TRUSTEES YEAR ENDED 31 DECEMBER 2025** ## **Trustee Induction and Training** Newly appointed trustees are briefed on the company's Memorandum and Articles of Association and given an overview of the company's recent financial performance. The functions of the board and its decision-making processes are also explained as are their individual roles responsibilities and legal obligations under Charity and Company law. Trustees are also encouraged to attend appropriate external training events where these will facilitate the undertaking of their role. ## **Public Benefit Statement** In determining how best to pursue the charity's objects the trustees have has regards to the charity Christian Commission's guidance on public benefit and are involved in Christian Outreach Programmes designed to increase awareness and spread the gospel of our Lord Jesus Christ. ## **Review of Activities** The Trustees are pleased with the result of the financial year under review and anticipate a better outing in the coming year ## **Community Initiatives in 2025 - giving back to the community** • Food bank The Food Bank project of the church progressed further in 2025. In association with local supermarkets, a weekly foodbank was set up through the year where food items and other essentials were made available to the homeless and vulnerable members of the community ## **Risk Management** The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. We continue to assess, review, monitor and plan for all risk which the organisation may face, now or in the future and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks ## **Reserve Policy** The organisation maintains sufficient cash reserves to always cover its liabilities and commitments. Jesus Arena Trust reserve policy aims to ensure that the organisation can maximise the value of its net income without incurring unnecessary risk. The general reserves provide a level of protection to GAT to mitigate against changing financial circumstances, such as downturn in income or unscheduled additional expenditure. The policy is reviewed in a strategic context annually, aiming at establishing an appropriate level of general reserves to meet potential short- to medium-term needs. ## **Future Developments** The church will continue to explore various ways of spreading the gospel of Jesus Christ in an effective manner. The Charity is also looking to make itself more visible in the area of more relevance in the Borough This report was approved by the board of trustees: Odunitan Oluranti Orioke (Minister in Charge) Date 21/05/2026 4 ## **JESUS ARENA TRUST REPORT OF THE INDEPENDENT EXAMINERS YEAR ENDED 31 DECEMBER 2025** I report on the accounts for the year ended 31st December 2025 set out on pages five to ten. ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: - examine the accounts under Section 145 of the 2011 Act - to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and - to state whether particular matters have come to my attention. ## **Basis of the independent examiner's report** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity 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 no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: - (1) which gives me reasonable cause to believe that, in any material respect, the requirements - to keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006; and - to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts 'to be reached. S&V Bond Accountants and Charity Advisors The Bridge Nucleus Brunel Way Dartford Kent DA1 5GA Date: 22/5/2026 5 ## **JESUS ARENA TRUST STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2025** |**Unrestricted**
**INCOMING RESOURCES**
**Notes**
**2025**
**_Incoming resources from generated funds_**
Tithes & Offerings
2
135,368
HMRC - Gift aid claim
30,034
Other Income
3,000
Bank interest
21,382
**189,784**
**RESOURCES EXPENDED**
Resources Expended to Charitable Activities
3
101,238
Support Costs
4
37,573
Governance cost
6,243
**TOTAL RESOURCES EXPENDED**
**145,054**
**NET INCOME/EXPENDITURE FOR THE YEAR**
**£44,730**
**RECONCILIATION OF FUNDS**
**Prior year adjustment**
**Total funds brought forward**
543,765
**TOTAL FUND CARRIED FORWARD**
**588,495**|**2024**
119,385
24,963
**-**
21,207
**165,555**| |---|---| ||87,046
29,499
4,463
**121,008**| ||**£44,547**| ||499,218| ||**543,765**| None of the charity's activities were acquired or discontinued during the year and there were no recognised gains and losses for 2024 or 2025 other than those included in the statement of financial activities. The notes on pages 7 to 10 form part of these accounts. 6 ## **JESUS ARENA TRUST BALANCE SHEET YEAR ENDED 31 DECEMBER 2025** |**FIXED ASSETS**
Tangible assets
**CURRENT ASSETS**
Debtors
Cash at bank and in hand
**9. CREDITORS : Amounts falling due within one year**
**Net Current Assets**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**FUNDS:**
Unrestricted Funds|**Notes**
8
10|**Unrestricted**
**2025**
**4,294**
**-**
588,495
**588,495**
**-**
£588,495
**£592,789**
**2025**|**Unrestricted**
**2025**
**4,294**
**-**
588,495
**588,495**
**-**
£588,495
**£592,789**
**2025**|**2024**
**4,290**
**-**
543,765
**543,765**
**-**
£543,765|**2024**
**4,290**
**-**
543,765| |---|---|---|---|---|---| ||||||| ||||||**543,765**| |||||**£548,055**|| |||||**2024**|| ||||**£592,789**|**£548,055**|| ||||||| The financial statements were approved by the Board of Trustees and were signed on its behalf by: **Odunitan Oluranti Orioke (Minister in Charge)** Date: 21/05/2026 The notes on pages 7 to 10 form part of these accounts. 7 ## **JESUS ARENA TRUST NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102) .The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. ## **Accounting convention** The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities ## **Incoming resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **Tithes & Offerings** Income from tithes and offerings, is included in incoming resources when these are receivable Investment Income Investment income consists of net interest received during the year and accounted for as unrestricted fund ## **Resources expended** Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Charitable activities** Costs of charitable activities are those costs relating to the activities carried out to meet the objectives of the Church. These include both directly attributable costs and apportioned support costs. ## **Governance costs** Governance costs are the costs associated with the strategic direction of the organisation and with meeting regulatory responsibilities including apportioned support cost. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated value Tangible Assets - 20% on cost ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund Accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. purposes. 8 ## **JESUS ARENA TRUST NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2025** |**2. VOLUNTARY INCOME**
Tithes & Offerings
HMRC - Gift aid claim
Other Income
Bank interest
**Total incoming Resources**
**3. CHARITABLE ACTIVITIES**
Premise Rent and other Expenses
Storage Rent
Conference expenses
Central office
Mission
Honorarium
Food Bank & Hospitality
Welfare & Gifts
Ministry
Charitable donations
Manse expense
Church Equipment
Children Church
Insurance
**4. Legal and professional and Investments**
Consultancy/Accountant and Examiners fee
**5. SUPPORT COSTS: MANAGEMENT**
Bank Charges
Advertising and Printing
Office expenses
Admin & Staff Training
Telephone and Internet
Employees National Insurance
Staff Salaries
Travel Expenses
Sundry|**2025**
135,368
30,034
3,000
21,382
**189,784**
**2025**
31,150
5,609
5,200
5,423
3,850
1,861
4,470
8,115
3,080
5,270
21,710
740
3,361
1,399
**101,238**
**2025**
6,243
**6,243**
**2025**
200
379
526
779
969
1,570
31,590
1,561
**-**
**£37,573**|**2024**
119,385
24,963
**-**
21,207
**165,555**|**2024**
119,385
24,963
**-**
21,207
**165,555**|**2024**
119,385
24,963
**-**
21,207
**165,555**| |---|---|---|---|---| |||**2024**
31,150
4,485
2,129
2,294
6,000
825
1,679
5,997
**-**
10,110
19,026
646
1,120
1,585
**87,046**
**2024**
4,463
**4,463**
**2024**
121
531
970
**-**
2,145
103
24,635
894
100
**£29,499**|**2024**
31,150
4,485
2,129
2,294
6,000
825
1,679
5,997
**-**
10,110
19,026
646
1,120
1,585
**87,046**|| |||||**2024**
4,463| |||||**4,463**| 9 ## **JESUS ARENA TRUST NOTES TO THE ACCOUNTS - CONTINUED YEAR ENDED 31 DECEMBER 2025** |**SUPPORT COSTS: FINANCE CHARGES**|**2025**|**2024**| |---|---|---| |Bank Charges|**200**|**£121**| ## **6. SUPPORT COSTS: FINANCE CHARGES** ## **7. STAFF COSTS** No employees received emoluments in excess of £60,000. ## **8.Trustees' expenses** There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2025 |The average number of employees analysed by function :
**DEPRECIATION**
Opening Balance As at 01 January 2024
Charge for the year
As at 31 December 2024
Additions
**NET BOOK VALUE**
As at 31 December 2025|**Fixtures and**
**Fittings**
4,290
1,072
**3,218**
740
**3,958**|**Fixtures and**
**Fittings**
4,290
1,072
**3,218**
740
**3,958**|**2025**
**2024**
**3**
**1**
**Office**
**Equipment**
**Total**
420
4,710
84
1,156
**336**
**3,554**
**-**
740
**£336**
**£4,294**|**2024**| |---|---|---|---|---| |||||**1**
**Total**| |||||| |||||| ## **9. CREDITORS : Amounts falling due within one year** Other Creditors **-** 10 ## **JESUS ARENA TRUST NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2025** |**10. MOVEMENTS IN FUNDS**
**Unrestricted Funds**
General Fund
General fund for the year
General fund brought forward
**Total funds**|**Incoming**
**Resources**
**£189,784**|**Resources**
**Expended**
**£145,054**
**2025**
44,730
**543,765**
**£588,495**|**Movement in**|**Movement in**|**Movement in**| |---|---|---|---|---|---| |||||**Funds**
**£44,730**
**2024**
£44,547
**499,218**
**£543,765**|**Funds**| ||||||| **11** ## **JESUS ARENA TRUST INCOME AND EXPENDITURE YEAR ENDED 31 DECEMBER 2025** |**VOLUNTARY INCOME**
Tithes & Offerings
HMRC - Gift aid claim
Other Income
Bank interest
**Total incoming Resources**
**EXPENSES TO GENERATE VOLUNTARY INCOME**
Premise Rent and other Expenses
Storage Rent
Conference expenses
Central office
Mission
Honorarium
Food Bank & Hospitality
Welfare & Gifts
Ministry
Charitable donations
Manse expense
Church Equipment
Children Church
Insurance
**Legal and professional and Investments**
Consultancy/Accountant and Examiners fee
**SUPPORT COSTS: MANAGEMENT**
Bank Charges
Advertising and Printing
Office expenses
Staff Training and Gifts
Telephone and Internet
Employees National Insurance
Staff Salaries
Travel Expenses
Sundry
**Surplus Income**|**2025**
135,368
30,034
3,000
21,382
**189,784**
**2025**
31,150
5,609
5,200
5,423
3,850
1,861
4,470
8,115
3,080
5,270
21,710
740
3,361
1,399
**101,238**
6,243
**6,243**
200
379
526
779
969
1,570
31,590
1,561
**-**
**37,573**
**£44,730**|**2024**
119,385
24,963
**-**
21,207
**165,555**|**2024**
119,385
24,963
**-**
21,207
**165,555**|**2024**
119,385
24,963
**-**
21,207
**165,555**| |---|---|---|---|---| |||**2024**
31,150
4,485
2,129
2,294
6,000
825
1,679
5,997
**-**
10,110
19,026
646
1,120
1,585
**87,046**
4,463
**4,463**
121
531
970
**-**
2,145
103
24,635
894
100
**29,499**
**£44,547**|**2024**
31,150
4,485
2,129
2,294
6,000
825
1,679
5,997
**-**
10,110
19,026
646
1,120
1,585
**87,046**|| ||||4,463
**4,463**
121
531
970
**-**
2,145
103
24,635
894
100
**29,499**|4,463| |||||**4,463**|