**Registered charity number : 1143919**
**JESUS FOUNDATION FAMILY INTERNATIONAL Financial Statements for the Year Ended 31 December 2021**
## **JESUS FOUNDATION FAMILY INTERNATIONAL**
## **Reports of the Trustees for the year ended 31 December 2021**
## **Administrative information:**
Jesus Foundation Family International is a multicultural bible believing International Church.
## **Our mission statement**
To reach out to the nations with the love of Christ, to set the captives free, to raise a people of purpose, power and purity, to make real disciples and to raise world class leaders.
## **Our core values**
Growing up strong and big as a family Resourceful & reaching out in love Adding value to lives Caring,creativity & can do it attitude Excellence.
## **Leadership team**
Rev Chibuzor Uzodinma Ezekiel - Senior pastor Pastor(Mrs) Folashade Evelyn Ezekiel - Associate pastor/ Pastor of Music
## **Address**
Unit 23 Lord Byron Square Salford Manchester M50 2XH
## **Board of Trustees**
Rev Chibuzor Uzodinma Ezekiel Pastor Oluwatobi Osinaike Pastor Eugene Adebayo Ajayi Mr Chukwudi Obiekezie Mr Adebola Arotiowa.
## **Bankers**
Barclays Bank Plc HSBC Manchester City Office 8 Canada Square Leicester London LE87 2BB E14 5HQ
## **Independent Examiner**
Matthew Odu
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## **JESUS FOUNDATION FAMILY INTERNATIONAL**
## **Reports of the Trustees continued**
## **Aims and purpose**
The strategic objectives of the Jesus Foundation Family International (JFF) are directly linked to its aims. They are:
1. For the advancement of christian faith
2. To reach out in love to the people and our community
3. To provide a place of worship and prayer.
## **Objective and activities**
JFFI is a church where you experience the fullness of God. We provide ministerial services to parishioners in the UK and through our website and social media to the world. The ministerial services provided include wedding ceremonies, children dedication and water baptismal services. We are a Bible-believing, Spirit-led Non-denominational Christian ministry with a passion to share the good news of Jesus Christ. Our Worship services follow a contemporary style in a casual environment where you’ll hear inspirational messages for daily living. In addition, we offer counselling services to people in courtship and to married couples. JFFI is a place where you will discover your purpose and fulfil potential. It is also a place where people are raised from grass to grace and where lives are revitalised, revived and filled with the Word of God.
## **Achievement and performance**
Church Progression during the lockdown From starting a new branch, Harvest Centre in the City of Manchester, to finding unique ways to reach out to our online community, the various ministries have worked so hard to continue to be in touch with members in many new ways. Whether its zoom hangouts, YouTube talks, livestreams and even some youth/ student events being able to be in person! However even through the online challenges, isolation, social distancing, face masks and so much more, God has shown us time and again that He is so much bigger than all of that and He will still meet us in our time of need. The support of TESCO and Fareshare had been critical to the success of the Outreach programme. A new movie initiative was lauched called 'Father Knows Best'. This movie is the result of the Creative expression that the Church enables in the Youth through various youth development
Overall, one church branch was opened in the City Centre, in Greater Manchester. About 3,500 emergency food parcels were delivered during the pandemic to vulnerable families. 50 unemployed adults were supported back into employment and 30 children between the age of 7 – 11 years received Maths/English classes. More than 200 university students reached out and evangelism done.
## **Structure, governance and management**
The Board of Trustees composition remained unchanged and all trustees continue in office The board of trustees continue to set the direction and policy framework for the Church. The board also put in place the process for reviewing, evaluating and implementing appropriate risk management framework.
## **Financial review**
Total income during the year increased to £136,806 (2020: £122,460). This 12% increase in income is due to redemption of pledges. The expenses, though increased, but it was at a reducing rate. The total expenses was £112,379.96 in 2021 and £85,775.17 in 2020.
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## **JESUS FOUNDATION FAMILY INTERNATIONAL**
## **Accounting Policies**
## **a) Basis of accounting**
The financial statements are prepared in accordance with the Charities Statement of Recommended Practice (SORP). The statement of financial activities (SOFA) is presented in columns for general fund and endowment capital, showing the net incoming resources, resources expended, and all other recognised gains and losses in the appropriate column.
The financial statements are also prepared in accordance with the historical cost convention. They comply with all applicable United Kingdom law and accounting standards.
## **b) Incoming resources**
Donations, contributions and legacies are accounted for when entitlement has been confirmed, the amount can be measured accurately and receipt is certain.
## **c) Resources expended**
All resources expended are accounted for on an accrual basis. Any ensuing liabilities are recognised as soon as constructive obligation arises.
## **d) Funds**
Unrestricted funds are funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the Charity.
Restricted funds are funds which are to be used in accordance with specific instructions imposed by donors or which have been raised by the trustees’ particular purpose. The cost of raising and administering such funds are charged against specific fund.
## **e) Depreciation**
Depreciation on fixed assets is charged so as to write off their full costs less estimated residual value over their expected useful lives at the following rates:
Computer equipment, furniture & Others 20% straight line
## **f) Going Concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. The Trustees have considered the impacts that the Covid-19 pandemic may have for the Charity and it is deemed that the Charity can meet its commitments and liabiities and can contiinue for the forseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
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## **JESUS FOUNDATION FAMILY INTERNATIONAL Statements of Financial Activities for the year ended 31 December 2021**
||**UnrestrictedRestricted**
**Total**|
|---|---|
|**Fund**
**Fund**
**2021**
**2020**
**Incoming resources**
**Notes**
**£**
**£**
Voluntary incomes
1
136,807
0
**136,807**
**122,460**
Other income
0
**0**
**0**
**Total incoming resources**
**136,807**
**0**
**136,807**
**122,460**
**Resources expended**
Church activities
2
112,380
0
**112,380**
**85,775**
Fund raising
0
0
**0**
**0**
**Total resources expended**
**112,380**
**0**
**112,380**
**85,775**
Net incoming/(Outgoing) resources
before transfers
24,427
0
**24,427**
**36,685**
Gross transfers between funds
0
0
0
0
**Net incoming/(Outgoing) resourcesafter transfers**
**and before other recognised gain/los**
**24,427**
**0**
**24,427**
**36,685**
Gain/(loss) on revaluation and disposal of
investment assets
0
0
**0**
**0**
**Net movement in funds**
**24,427**
**0**
**24,427**
**36,685**
Total funds b/f at 1 January 2021
4,605
0
**4,605**
**4,207**
**Total funds c/f at 31 December 2021**
**29,032**
**0**
**29,032**
**40,892**|**Fund**
**Fund**
**2021**
**2020**
**£**
**£**
136,807
0
**136,807**
**122,460**
0
**0**
**0**|
||**136,807**
**0**
**136,807**
**122,460**|
||112,380
0
**112,380**
**85,775**
0
0
**0**
**0**|
||**112,380**
**0**
**112,380**
**85,775**|
||**24,427**
**0**
**24,427**
**36,685**|
||4,605
0
**4,605**
**4,207**|
||**29,032**
**0**
**29,032**
**40,892**|
|||
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## **JESUS FOUNDATION FAMILY INTERNATIONAL Balance sheet at 31 December 2021**
|**Notes**
**Fixed assets**
Tangible assets
3
**Current assets**
Accrued income
Cash at bank and in hand
**Creditors: amounts falling due within one year**
4
**Net current assets**
**Total assets less current liabilities**
**Funds of the Charity**
Charity fund
5
**Total Funds carried forward**|**2021**
**£**
24,285
0
12,079
12,079
(5,575)
**6,504**
**30,789**
30,789
**30,789**|**2020**
**£**
5,703|
|---|---|---|
|||1,077
880|
|||1,957
(3,055)
**(1,098)**|
|||**4,605**|
|||4,605|
|||**4,605**|
||||
Approved by the Board of Trustees on 24 October 2021 and signed on their behalf by
Pastor Oluwatobi Osinaike **Secretary, Board of Trustees**
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**JESUS FOUNDATION FAMILY INTERNATIONAL Notes to the Financial Statements for the year ended 31 December 2021**
|**Unrestricted Restricted**
**Total**
**Fund**
**Fund**
**2021**
**2020**
**1. Incoming resources**
**£**
**£**
Tithes
51,184.85
0.00
51,184.85
33,315.06
Offering
30,555.90
0.00
30,555.90
18,831.26
Pledges
11,812.21
0.00
11,812.21
-
Project offering
-
0.00
0.00
59,255.96
Grant
43,253.85
0.00
43,253.85
11,058.00
**136,806.81**
**0.00**
**136,806.81**
**122,460.28**
**2. Resources expended**
Rent
15,805.79
0.00
15,805.79
18,476.19
Wages and allowance
37,192.19
0.00
37,192.19
25,449.41
Advertising, Web Hosting and
633.56
0.00
633.56
0.00
National insurance contributio
-
0.00
0.00
0.00
Honorarium
7,350.00
0.00
7,350.00
0.00
Heating & lighting
387.07
0.00
387.07
3,245.71
Repairs and renewals
594.58
0.00
594.58
1,896.41
Insurance and rates
1,724.31
0.00
1,724.31
3,601.97
Telephone and communicatio
2,493.06
0.00
2,493.06
1,174.32
Stationery/Admin expenses
10,973.66
0.00
10,973.66
9,330.00
Hospitality/Welfare
7,585.86
0.00
7,585.86
12,500.00
Transport and travelling
3,751.55
0.00
3,751.55
1,194.81
Accounting/professional fee
720.00
0.00
720.00
600.00
Financing and bank charges
3,132.72
0.00
3,132.72
3,339.52
Msc
340.00
0.00
340.00
0.00
HMRC
200.00
0.00
200.00
0.00
Decoration
1,879.76
0.00
1,879.76
0.00
Utility/ Water
834.29
0.00
834.29
0.00
Council Tax
218.80
0.00
218.80
0.00
Depreciation
8,729.00
0.00
8,729.00
1,901.00
Donation to other charities
7,113.76
0.00
7,113.76
4,966.83
**112,379.96**
**0.00**
**112,379.96**
**85,775.17**|**Unrestricted Restricted**
**Total**
**Fund**
**Fund**
**2021**
**2020**
**£**
**£**
51,184.85
0.00
51,184.85
33,315.06
30,555.90
0.00
30,555.90
18,831.26
11,812.21
0.00
11,812.21
-
-
0.00
0.00
59,255.96
43,253.85
0.00
43,253.85
11,058.00|
|---|---|
||**136,806.81**
**0.00**
**136,806.81**
**122,460.28**|
||**112,379.96**
**0.00**
**112,379.96**
**85,775.17**|
|||
|||
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## **JESUS FOUNDATION FAMILY INTERNATIONAL Notes to the Financial Statements for the year ended 31 December 2021**
|3. Tangible fixed assets
Cost:|**Computer**
**Equipment**
**& Other**
**Motor**
**Vehicle**
£
£|
**Total**
£|
|---|---|---|
|At 1 January 2021|38,828
8,500|47,328|
||||
|Addition|27,311
0|27,311|
||||
|**At 31 December 2021**|**66,139**
**8,500**|**74,639**|
|Depreciation:|||
||||
|At 1 January 2021|33,125
8,500|41,625|
||||
|Addition|8,729
0|8,729|
||||
|**At 31 December 2021**|**41,854**
**8,500**|**50,354**|
|Net book value:|||
||||
|At 1 January 2021||5,703|
||||
|**At 31 December 2021**||24,285|
||||
||||
||||
||||
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## **JESUS FOUNDATION FAMILY INTERNATIONAL Notes to the Financial Statements for the year ended 31 December 2021**
|**4. Creditors: amount falling due within on**
**2021**
£
Accounting services
720
Salary and wages
0
Loan
2,700
Paye remittance to HMRC
2,155
5,575
**5. Funds**
**2021**
£
Balance as 1 January 2021
0
Prior year adjustments
1,757
Surplus for the year - Unrestricted
29,032
30,789||
|---|---|
||**2020**|
||£
720
0
2,335
0|
||3,055|
||**2020**|
||£
12,569
0
7,964
-|
||4,605|
|||
|||
|||
|||
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## **JESUS FOUNDATION FAMILY INTERNATIONAL**
## **Independent Examiner's Report to the trustees of Jesus Foundation Family International**
I report on the accounts for the year 31 December, 2021 which are set out on pages 5 to 9.
## **Respective responsibilities of trustees and examiner**
The Church's trustees are responsibilities for the preparation of the accounts. The church's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:
examine the accounts (under section 145 of the CharitiesAct),
to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act, and
to state whether particular matters have come to my attention.
## **Basis of Independent Examiner’s Report**
My examination was carried out in accordance with 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 include consideration of any unusual items or disclosures in the accounts, and seeking explanations from trustees concerning any such matters. The procedures undertaken do not provide all the evidence that be required in an audit, and consequently no opinion is given as to whether the accounts presents a 'true and fair' view and the report is limited to those matters set out in the statement below.
## **Independent Examiner’s statement**
In the course of my examination, no matter has come to my attention:
1. which give me reasonable cause to believe that in, any material respect, the requirements a. to keep accounting records in accordance with section 130 of the Charities Act; and b. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act; 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.
Matthew Odu Practical Advice Consulting Limited 1000 Great West Road Brentford, Middlesex TW8 9DW
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