Registered charity number : 1143919
JESUS FOUNDATION FAMILY INTERNATIONAL Financial Statements for the Year Ended 31 December 2024
JESUS FOUNDATION FAMILY INTERNATIONAL Reports of the Trustees for the year ended 31 December 2024
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 Ezekiel Global Lead Pastor Rev Folashade Ezekiel National Senior Pastor Pastor Timothy Mulenga Resident Pastor/ National Media Director Pastor Audrey Mulenga Resident Pastor/ National Planning Director Pastor Osamudiamen Egheomanre Resident Pastor/ National Director of Musicians Pastor Rebecca Mondo Pastor of Children services Minister Florence O Ogunyale National Church Administrator/Finance Minister Oluwatoyin Adefolarin Church Adminstrator Minister Femi Musa Church Cordinator Minister Gloria Musa Church Administrator/ Finance Minister Nathalie Coutama Head of welfare/Hospitality
Address
Unit 23 Lord Byron Square Salford Manchester M50 2XH
Board of Trustees
Rev Chibuzor Uzodinma Ezekiel Pastor Oluwatobi Osinaike Pastor Dele Alabi Rev Folashade E Ezekiel 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 (JFFI) are directly linked to its aims, which are:
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For the advancement of christian faith
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To reach out in love to the people and our community
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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.
Church Progression during the year 2024
As we reflect on 2024 In Jesus Foundation Family International, it was indeed our year of Divine Reign, we are filled with immense gratitude for God’s unwavering faithfulness. The year has been one of remarkable growth, greater reach, and tangible transformation. From local impact to global influence, God has stretched and strengthened us as a church.
Church Growth & Attendance
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Over 1,000 members now call JFFI home.
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We joyfully welcomed 285 first-time guests who worshiped with us in 2024 across all the expression.
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50 members completed their workers induction process and joined the workforce across the different departments and expressions supporting the vision of JFFI.
• 8 members in a bid to deepen their relationship with God went through our Baptismal Classes and got baptised by immersion.
- Our services remained vibrant and Spirit-filled, with powerful worship and practical,life-changing messages.
Global Impact & Outreach
Greater Power Conference – London, UK
- This year, we held our Empowerment Conference in London, with over 3,500 attendees.
• It was a powerful time of worship, teaching, and prophetic impartation, extending our influence far beyond our local community.
Greater Power Conference – Africa
• We took the message of hope and power across Nigeria, Uganda, Kenya, and Tanzania, impacting over 5,000 people.
• Lives were transformed, leaders equipped, and communities uplifted as we saw a fresh move of God across the continent.
Community Outreach
- Average of 6200 household members have been blessed from partaking in our food bank service.
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JESUS FOUNDATION FAMILY INTERNATIONAL
Reports of the Trustees continued
Facilities & Expansion
- Our headquarters underwent a major facelift with the construction of a new mezzanine level, significantly increasing our capacity and enhancing the worship experience.
• We started an additional JFFI expression expanding our reach and creating room for more lives to be impacted.
Family
• This year we had the joy of witnessing a wedding, celebrating love, covenant, and new beginnings within our church family.
• We had several babies added to families in our midst.
To every volunteer, partner, leader, and member your faith, sacrifice, and service fuels this vision. Let’s continue to reach more people with the love of Jesus Christ. Changing lives and Raising champions.
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 £493,803(2023: £450,803). This 9.5% increase in income is due to increace in tithes collections and offerings. The expenses, increased. The total expenses was £499,634 in 2024 and £469,312 in 2023.
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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 2024
| Unrestricted Restricted Total |
Unrestricted Restricted Total |
|---|---|
| Fund Fund 2024 2023 Incoming resources Notes £ £ Voluntary incomes 1 493 803 0 493 803 450 803 Other income 0 0 0 Total incoming resources 493 803 0 493 803 450 803 Resources expended Church activities 2 482 498 0 482 498 469 312 Fund raising 0 0 0 0 Total resources expended 482 498 0 482 498 469 312 Net incoming/(Outgoing) resources before transfers 11 305 0 11 305 -18 509 Gross transfers between funds 0 0 0 0 Net incoming/(Outgoing) resources after transfers and before other recognised gain/loss 11305 0 11305 -18 509 Gain/(loss) on revaluation and disposal of investment assets 0 0 0 0 Net movement in funds 11305 0 11305 -18 509 Total funds b/f at 1 January 2024 2 244 0 2 244 20 753 Total funds c/f at 31 December 2024 13 549 0 13 549 2 244 |
|
| 11305 0 11305 -18 509 |
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| 2 244 0 2 244 20 753 |
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| 13 549 0 13 549 2 244 |
|
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JESUS FOUNDATION FAMILY INTERNATIONAL Balance sheet at 31 December 2024
| Balance sheet at 31 December 2024 | |||||
|---|---|---|---|---|---|
| Notes | 2024 | 2023 | |||
| £ | £ | ||||
| Fixed assets | |||||
| Tangible assets | 3 | 24 285 | 24 285 | 24 285 | 24 285 |
| Current assets | |||||
| Accrued income | 0 | 0 | |||
| Cash at bank and in hand | 1 231 | 1 231 | 1 032 | 1 032 | |
| 1 231 | 1 231 | 1 032 | 1 032 | ||
| Creditors: amounts falling due within one year | 4 | 966 | 6 997 | 6 997 | |
| Net current assets | 2 197 | 2 197 | 8 029 | 8 029 | |
| Total assets less current liabilities | 26 482 | 26 482 | 32 313 | 32 313 | |
| Funds of the Charity | |||||
| Charity fund | 5 | 26 482 | 26 482 | 32 313 | 32 313 |
| Total Funds carried forward | 26 482 | 26 482 | 32 313 | 32 313 |
Approved by the Board of Trustees on 30 October 2025 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 2024
| Unrestricted | Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|---|
| Fund | Fund | 2024 | 2023 | |||
| 1. Incoming resources | £ | £ | ||||
| Tithes | 168 702 | 63 | 0 00 | 168 702 63 | 152 176 | 56 |
| Offering | 97 364 | 45 | 0 00 | 97 364 45 | 49 300 | 14 |
| Pledges | - | 0 00 | 0 00 | 115 209 | 46 | |
| Seed of Faith | 66 500 | 00 | 0 00 | 66 500 00 | 117 950 | 00 |
| Gift Aid | 20 986 | 99 | 0 00 | 20 986 99 | - | |
| Donation | 140 248 | 94 | 0 00 | 140 248 94 | - | |
| First Offering | - | 0 00 | 0 00 | 6 182 | 64 | |
| Grant | - | 0 00 | 0 00 | 9 984 | 00 | |
| 493 803 | 01 | **0 00 ** | 493 803 01 | 450 802 | 80 | |
| 2. Resources expended | ||||||
| Portable office | - | 0 00 | 0 00 | 10 900 | 00 | |
| Rent | 65 860 | 54 | 0 00 | 65 860 54 | 71 081 | 10 |
| Wages and allowance | 137 345 | 18 | 0 00 | 137 345 18 | 185 550 | 70 |
| Advertising, Web Hosting and D | 19 456 | 08 | 0 00 | 19 456 08 | 2 076 | 31 |
| Honorarium | 21 912 | 63 | 0 00 | 21 912 63 | 13 539 | 50 |
| Insurance and rates | 1 279 | 77 | 0 00 | 1 279 77 | 1 780 | 48 |
| Telephone and communication | 3 229 | 06 | 0 00 | 3 229 06 | 2 566 | 64 |
| Stationery/Admin expenses | 28 638 | 20 | 0 00 | 28 638 20 | 23 299 | 31 |
| Hospitality/Welfare | 22 494 | 69 | 0 00 | 22 494 69 | 25 298 | 22 |
| Transport and travelling | 128 379 | 85 | 0 00 | 128 379 85 | 88 930 | 62 |
| Accounting/professional fee | 1 520 | 00 | 0 00 | 1 520 00 | - | |
| Financing and bank charges | 1 127 | 65 | 0 00 | 1 127 65 | 1 007 | 86 |
| National insurance contribution | 14 266 | 38 | 0 00 | 14 266 38 | - | |
| Utility/ Water | 3 548 | 03 | 0 00 | 3 548 03 | 6 821 | 49 |
| Council Tax | 1 844 | 76 | 0 00 | 1 844 76 | 1 213 | 25 |
| Depreciation | 13 817 | 64 | 0 00 | 13 817 64 | 13 817 | 64 |
| Donation to other charities | 17 777 | 98 | 0 00 | 17 777 98 | 21 428 | 57 |
| 482 498 | 44 | **0 00 ** | 482 498 44 | 469 311 | 69 | |
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JESUS FOUNDATION FAMILY INTERNATIONAL Notes to the Financial Statements for the year ended 31 December 2024
| 3. Tangible fixed assets Cost: |
Computer Equipment & Other Motor Vehicle Total £ £ £ |
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| At 1 January 2024 | 86 494 8 500 94 994 |
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| Addition | 0 0 0 |
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| At 31 December 2024 | 86 494 8 500 94 994 |
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| Depreciation: | ||
| At 1 January 2024 | 67 750 8 500 76 250 |
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| Charge for the year | 13 818 0 13 818 |
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| At 31 December 2024 | 81 568 8 500 |
90 068 |
| Net book value: | ||
| At 1 January 2024 | 18 743 | |
| At 31 December 2024 | 4 926 | |
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JESUS FOUNDATION FAMILY INTERNATIONAL Notes to the Financial Statements for the year ended 31 December 2024
| 4. Creditors: amount falling due within one year Accounting services Salary and wages Other Creditors Paye remittance to HMRC 5. Funds Balance as 1 January 2024 Prior year adjustments Surplus for the year - Unrestricted |
2024 £ 720 0 246 0 966 2024 £ 32 313 -17 135 11305 26 482 |
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|---|---|---|
| 2023 | ||
| £ | ||
| 720 0 6 277 0 |
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| 6 997 | ||
| 2023 | ||
| £ 20 753 30 069 18 509 - |
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| 32 313 | ||
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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, 2024 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:
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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
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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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