## **Jesus Family Cathedral**
Registered Charity Number: 1148807
## **Annual Report and Financial Statements**
**31 March 2022**
**JESUS FAMILY CATHEDRAL**
## **CONTENTS**
||Page|
|---|---|
|Administrative details|3|
|Trustees’ Report|4 – 6|
|Independent Examiner’s report|7|
|Statement of Financial Activities|8|
|Balance Sheet|9|
|Accounting Policies|10 – 11|
|Notes to the Financial Statements|12 - 13|
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Jesus Family Cathedral 2022 UK
**Registered Charity Number: 1148807**
## **Trustees and Professional Advisors**
## **Principal Office**
24 Neptune Road Wellingborough NN8 1RB
## **Trustees**
Pearl Owusu Bempah Sally Eva Davies
## **Bankers**
Barclays 1 Churchill Road London E14 5HP
## **Independent Examiners**
Notion Accountancy Ltd 23 Lilleshall Road Birmingham B26 2QN
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Jesus Family Cathedral 2022 UK
## **JESUS FAMILY CATHEDRAL WELLINGBOROUGH**
For the year ended 31 March 2022
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2022.
The trustees have 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 the Republic of Ireland (FRS 102) (effective 1 January 2015)
## **OBJECTIVES AND ACTIVITIES**
The objective of the Charity is to advance the Christian faith and relief of poverty in accordance with doctrine set up in the Statement of Faith in the governing document.
We are a community of believers in Jesus Christ called to know, glorify, and enjoy the Triune God. Through Christ and by the Holy Spirit’s empowerment, we seek to love God, his people, and the world.
We express this love by following all aspects of Christ’s Great Commission to “go therefore and make disciples of all nations, baptizing them in the name of the Father and of the Son and of the Holy Spirit, teaching them to observe all that I have commanded you” (Matthew 28:19-20).
We want to be the kind of church God wants us to be, we wholeheartedly commit ourselves to pursuing the following objectives:
1. Worship God joyfully and reverently.
2. Provide biblical, Christ-centred preaching that encourages the hearers to serve and honour God in all of life.
3. Integrate each member into the fellowship and service of our church community.
4. Promote and provide care for one another in our church family.
5. Provide effective Christian education to equip members of our congregation to live out their faith and to be able to articulate it clearly.
6. Help others to understand the Christian faith and embrace Jesus Christ as he is presented in the Bible.
7. Help those outside our congregation who are in need as God gives us ability and opportunity.
8. Promote unity among Christians especially by working together with our community, denomination, and other churches of like faith.
We believe in the Holy Spirit, true God proceeding from the Father and the Son, who convicts the world of sin, righteousness and judgement and leads in all truth.
We believe that the Bible is the word of God, written by men as the Holy Spirit inspired them. We believe that it authoritatively proclaims the will of God and teaches us all that is necessary for salvation.
We believe in the baptism in the Holy Spirit with the initial evidence of speaking in tongues as promised to all believers.
We believe in the demonstration of the gifts and fruit of the Spirit in the life of a Christian. We believe that a Christian should be a disciple of Jesus Christ living a devoted holy life.
We believe that Jesus Christ is the Head of the Church, which is constituted by the Holy Spirit and consists of born again believers. The Church is responsible for the declaration and manifestation of the gospel and God's will to people. As a charismatic community our personal experience of God shows itself in supernatural ways, enabling us to do things that we are not normally able to. This can be by a variety of means such as speaking in other languages (often called speaking in
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tongues); successfully praying for ill people to be healed or having messages from God for an individual or about a situation (prophesy).
We believe that the believer's baptism by immersion and the Lord's Supper are institutions of Christ to be observed by the Church.
We believe that at the time appointed by God, Christ will come to take away his Church. We believe in the new heaven and the new earth where God will reign in glory.
Other objectives of the Charity include the following:
Continual provision for the welfare for the poor and the needy.
Relief in times of national and international disasters.
To help the children's ministry, which is the Sunday school where morals are taught, marriage counselling and family support.
Objectives and aims
The trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
## **ACHIEVEMENTS AND PERFORMANCE**
To promote and maintain the good order for the recognition of which the church has the following documents it uses.
JFC receive and administer tithes, offerings and other funds as detailed in the Financial, Management.
They shall, with regard to their own church members, function as a court for disciplinary matters according to the Church Members, Discipline and Appeals Procedures. The last two documents used by the charity are the Children Protection Policy and the Rule of Order.
## **Financial Review**
At the end of the year JFC Wellingborough had unrestricted funds totaling to (£3,403.00) Total income received during the year was £27,629.00 and amount spend during the year was £35,7259.00.
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## **Jesus Family Cathedral**
Report of the Trustees Continued
For the year ended 31 March 2022
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The trustees present their annual report and accounts for the year ended 31 March 2022. The board of trustees are satisfied with the performance of the charity during the year and the position at year ended 31 March 2022 and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity's assets are adequate to fulfil its obligations.
Jesus Family Cathedral Charity No. 1148807. Registered on the 4[th ] of September 2012.
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Chairperson Pearl Owusu-Bempah Secretary Sally Eva Davies
Independent Examiners Notion Accountancy Ltd 23 Lilleshall Road Sheldon, Birmingham B26 2QN
Approved by the Board of Trustees and signed on its behalf by
Pearl Owusu-Bempah....... .................................................... January 2022
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Jesus Family Cathedral 2022 UK
## **Independent Examiner's Report**
The Management and Board of Trustees of Apostolic Faith Mission IM UK Leicester Assembly who are registered as a charity, appointed me to independently examine their trustees' report, financial reports and the accompanying notes.
## **Responsibilities of Management and Board of Trustees**
- To safeguard the Charity's assets and in particular to ensure that the Financial Reports are free from material misstatements due to fraud.
- To keep adequate financial records and to ensure that the published reports are based on these records.
- To ensure that the published reports are true and fair.
- Consider their charity to qualify for an independent examination in terms of Part 8 and sections 145 and152 of the Charities Act of 2011.
## **My Responsibility**
To carry out procedures such as analytical reviews, comparing the published reports to the financial records kept by the charity and enquiring from those tasked with the governance of the charity any matters that need clarity.
I also considered the disclosures of material facts in the financial reports and the going concern of the charity.
The nature and extent of my examination did not provide appropriate and adequate audit evidence and therefore no audit opinion is provided in this report.
## **Independent Examiner's statement**
ln the course of my examination, no matters came to my attention which give me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the 2011 Act
- the preparation of accounts which accord with the accounting records and comply with the accounting requirements of the act have not been met.
- to which in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.
08/06/2022
Ranganai Kwangware FCCA BA(Hon) Acc On Behalf of Notion Accountancy Ltd
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Jesus Family Cathedral 2022 UK
## **Jesus Family Cathedral Statement of Financial Statement**
## **For the year ended 31 March 2022**
|Notes|2022
2022
Unrestricted
Restricted
£
£|2022
Total
£
11,910
15,719
**27,629**
19,057
12,196
3,558
948
**35,759**
**(8,130)**
-
**(8,130)**
**4,727**
**(3,403)**|2021
Total
£|
|---|---|---|---|
|**Incoming resources**
Incoming resources from generated funds
voluntary income
2
other incoming resources
3
**Total incoming resources**
**Resources expended**
Charitable activities
Church running costs
4
Spiritual leadership costs
5
Community building
6
Governance costs
7
**Total resources expended**
**Net (Outgoing)/Incoming Resources funds Before transfers**
**Transfers**
Gross transfers between funds
**Net movement in funds**
Reconciliation of Funds:
**Total funds brought forward**
**Total funds carried forward**|11,910
-
15,719 -||12,526
12,002|
||**27,629 -**||**24,528**|
||19,057
12,196
3,558
948||5,748
13,200
5,319
1,100|
||**35,759 -**||**25,367**|
||**(8,130) -**
-||**(839)**
-|
||**(8,130) -**||**(839)**|
||**4,727 -**||**5,566**|
||**(3,403) -**||**4,727**|
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Jesus Family Cathedral 2022 UK
## Jesus Family Cathedral Balance Sheet as at 31 March 2022
|Notes|2022
£|2021
£
1,862
**1,862**
- 1,756
8,851
7,095
**4,230**
**4,727**
**4,727**
**4,727**
- 223
4,950
**4,727**|
|---|---|---|
|**Fixed assets**
Tangible assets
Office Equipment
8
**Current assets**
Debtors
9
Cash in hand and at bank
10
**Creditors: amounts falling due within one year**
11
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**Total charity funds**
Unrestricted funds
Restricted funds|1,614
**1,614**
- 785
298
- 487
**4,530**
**(3,403)**
**(3,403)**
**(3,403)**
- 3,403
-
**(3,403)**||
_For the year ended 31 March 2022 the charity was entitled to exemption from audit under Sec 477 of the Companies Act 2006 relating to small companies._
_• The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with Sec 476._
_• The Trustees acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and preparation of Accounts. These Accounts have been prepared in accordance with the provisions applicable to companies subject to the Small Companies regime._
_The financial statements were approved and authorised for distribution by the Board on .11/11/2022_
and signed on its behalf by Chairman Pearl Bempah Signature
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## **Jesus Family Cathedral**
## **NOTES TO THE FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 March 2022**
1. ACCOUNTING POLICIES
The principal accounting policies, all of which have applied consistently throughout the year, are set out below.
## 1a. Basis of preparation
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
• and with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on March 2018
- and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
- and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
- 1b. Going Concern
Jesus Family Cathedral is still in operation as a going concern
- 1c. Fund accounting
Unrestricted funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity. Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
- 1d. Incoming resources
Voluntary income, including donations, gifts and legacies and grants that provide core funding or are of a general nature, are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
Investment income is recognised on a receivable basis,
Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
## 1e. Resources expended
Expenditure is recognised when a liability is incurred. Funding provided through contractual agreements and performance related grants are recognised as goods or services supplied.
Other grant payments costs of generating funds are those costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.
Governance costs include those incurred in the governance of its assets and are primarily associated with
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constitutional and statutory requirements.
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, e.g. allocating office property costs by floor areas, management and human resources costs by the number of staff, and finance and IT costs by work done.
- 1f. Donated Goods and volunteer and other donated services.
- Donated goods are recognised in different ways dependent on how they are used by the charity;
- a. Those donated for resale produce income in the trading venture when they are disposed of.
- b. Those donated for onward transmission to beneficiaries (chiefly clothing, food and medical supplies) are included in the statement of financial activities as incoming resources and resources expended when they are distributed. They are valued at the amount the charity would have had to pay to acquire them.
The charity has not received any goods for use by the charity itself. The value of services provided by volunteers is not incorporated into these financial statements. Where services are provided to the charity as a donation that would normally be purchased from our suppliers this contribution is included in the financial statements at an estimate based on the value of the contribution to the charity.
## 1g. Tangible fixed assets and depreciation
Tangible assets are stated at cost and depreciated over their useful economic lives at the following rates:
Fixture and fittings 4 years Equipment 5 years Computers 3-4 years
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## **Jesus Family Cathedral**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2022**
|**2.**
**Voluntary income**
Tithes
Love offering
Gift Aid
**3.**
**Other Income**
Grant Defra
HMRC Furlough
Donation
**4.**
**Church running costs**
Rent church lease
Repairs and Maintenance
Telephone and Broadband
Insurance
Premises rates
Depreciation
**5.**
**Spiritual leadership costs**
Pastor's Salary
Travel costs
Honorariums
Personage Allowance
**6.**
**Community Building**
Stationery
Bank Charges
Donations
Hospitality
House Keeping
Praise and Worship
Travel and Subsistance
**7.**
**Governance Costs**
Accountancy Fees
Software Subscriptions|2022
Unrestricted
£|2022
Restricted
£|2022
Total
£
5,295
2,149
4,466
**11,910**
1,000
4,300
10,419
**15,719**
14,200
3,672
238
382
317
248
**19,057**
8,000
804
984
2,408
**12,196**
739
815
200
531
121
736
416
**3,558**
600
348|2021
Total
£|
|---|---|---|---|---|
||5,295
2,149
4,466|-||6,871
2,400
2,400|
||**11,910**|**-**||**11,671**|
||1,000
4,300
10,419|-||4,950
3,200
3,852|
||**15,719**|**-**||**3,852**|
||14,200
3,672
238
382
317
248|||5,500
-
-
-
-
248|
||**19,057**|**-**||**5,748**|
||8,000
804
984
2,408|||7,000
1,594
951
3,655|
||**12,196**|**-**||**13,200**|
||739
815
200
531
121
736
416|||1,958
643
450
600
256
1,000
50|
||**3,558**|**-**||**5,319**|
||600
348|||1,100
362|
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**948 - 948 1,462**
## **Jesus Family Cathedral**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2022**
|**NOTES TO THE FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 March 2022**||||
|---|---|---|---|
|**8.**
**Tangible assets**
**Office Equipment**
**Cost:**
at 1 April 2021
Additions
Disposals
at 31 March 2022
**Depreciation:**
at 1 April 2021
Charge
Disposals
at 31 March 2022
**Net book value:**
**Tangible assets**
**Musical Equipment**
**Cost:**
at 1 April 2021
Additions
Disposals
at 31 March 2022
**Depreciation:**
at 1 April 2021
Charge
Disposals
at 31 March 2022
**Net book value:**
**9.**
**Debtors**
Gift Aid
Other debtors
**10. Cash in hand and at bank**
Cash at bank
**11. Creditors: amounts falling due within one year**
Accruals - Accountancy Fees|2022
Unrestricted
£||2021
Unrestricted
£|
||1,826
-
-||1,826
-
-|
||**1,826**||**1,826**|
||549
183
-||366
183
-|
||**732**||**549**|
|||||
||**1,094**||**1,277**|
||£||£|
||-
650
-||-
650
-|
||**650**||**650**|
||65
65
-||-
65
-|
||**130**||**65**|
|||||
||**520**||**585**|
||- 785
-||- 1,756
-|
||**- 785**||**- 1,756**|
||298||8,851|
||**298**||**8,851**|
||1250||650|
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Other Creditors
|3,280
**4,530**|3,580|
|---|---|
||**4,230**|
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