## JESUS IS LORD EMBASSY ## LONDON **ANNUAL ACCOUNTS AND REPORTS FOR THE YEAR ENDED 31 MARCH 2021** 1 ## JESUS IS LORD EMBASSY, LONDON **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31ST OF MARCH, 2021** ## **Trustees** Mrs Bukola Oladipupo-George Mr Chidi Kanu Mr Isaiah Adebisi Pastor Emmanuel George ## **Pastor-in-charge** Pastor Emmanuel George **Charity Commission number** 1149521 ## **Charity registered office** No:14 Sunnycroft Road London SE25 4TB ## **Accountants** TARFS Accountants 43, High Street Thornton Heath CR7 8RW **Banker** HSBC Plc 2 ## JESUS IS LORD EMBASSY, LONDON ## **THE BOARD OF TRUSTEES REPORT ON THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021** The Board of Trustees have the pleasure in presenting the annual report and account for the year ended 31 March, 2021. ## **PRINCIPAL ACTIVITIES** The principal activities of the organisation during the year under review were that of preaching and advancement of Christian faith. The organisation engaged in prompting, preserving and protecting the physical and spiritual well-being of members. We offered monetary support to members and non members who are unemployed, disabled children/elderly, widows, single parents, and to anyone going through any sort of financial hardship. We reached out to the elderly, the widows, and homeless people by visiting them in their individual homes, care homes, prison and provide food items, clothing, funds and any other way the trustees feel it is necessary. The organisation also provided free programs, seminars and workshops on matters such as Food & Hygiene, Youth empowerment, Marriage sustenance and et cetera. ## **INCOME** The income of the organisation primarily consisted of donations and contributions, amounted to **£46,534.33** for the year ended 31 March, 2021. ## **TAXATION** The organisation is a charity and therefore primarily tax exempt. Besides, the organisation did not engage in any trading activity during the year under review. Corporation Tax for the period is therefore **NIL** . ## **OPERATING RESULTS** Inflow of **£46,534.33** into the organisation was above Expenditure by **£11,356.28** for the year under review. The Fund Balance Brought Forward from previous accounting period is **£8,075.98** Therefore, The Total Fund Balance Carried Forward to next accounting period is **£19,432.26** ## **AUDITOR’S / INDEPENDENT EXAMINER’S REPORT** The Charity’s Trustees acknowledge their responsibility for the preparation of the accounts and consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 and that independent examination is needed. ## **By order of the Trustees Committee** 3 ## JESUS IS LORD EMBASSY, LONDON ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** |**INFLOW**
TITHE & OFFERING
CHARITY GRANT & FUND
BUILDING FUND
WELFARE & FOOD BANK DONATIONS
OTHER FUNDS
GIFT AIDS
LOAN REPAYMENTS
REVERSAL / REFUND
**EXPENSES**
ADMINISTRATION & OPERATIONS
**NET (DEFICIT) SURPLUS FOR THE YEAR**

FUND BALANCE BROUGHT FORWARD

FUND BALANCE CARRIED FORWARD

**ADMINISTRATION & OPERATION**

Rent & Rates

Management & Administration
Food Bank Donation

Community & Members Welfare

Legal & Professional

Advertisement (Web Design)

Retreat & Conventions
Repairs, Maintenance & Decoration
Travelling & Entertainment Expenses
Community Outreach / Missionary
Honorarium & Pastoral Giving
Loan Payment|**2021**
**£**
42,308.93

700.00
00.00

1,131.40

2,394.00
**46,534.33**
00.00
00.00

00.00

**46,534.33**
**35,178.05**

**11,356.28**
**8,075.98**

**19,432.26**

**2021**
17,120.17

2,485.44

2,783.55

7,171.00

300.00

243.00

00.00

2,460.93

273.96
1,390.00

950.00

000.00

**35,178.05**
|**2020**
**£**
33,696.57
00.00
900.00
5,040.00
2,000.00
**41,636.57**
00.00
00.00
00.00
**41,636.57**
**38.432.51**
**3,204.06**
**4,871.92**
**8,075.98**
**2020**
21,275.48
3,498.70
5,534.33
1,400.00
300.00
463.00
3,785.00
574.00
360.00
762.00
480.00
00.00
**38,432.51**| |---|---|---| ## **Notes:** Church assets costing less than £1,000 per item, are written off in the year of purchase and included in the management and administration costs. **During this period (there was COVID Pandemic) £9,954.55 was expended on Welfare , Community Service & Food Bank Donation.** 4 ## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES/MEMBERS OF JESUS IS THE LORD EMBASSY, LONDON** ## **I report on the accounts for the year ended 31 March, 2021 which are set out on the pages above.** ## **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 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed. It is my responsibility to: - ❖ examine the accounts under section 43 of the 1993 Act, - ❖ to follow the procedures laid down in the general Directions given by the Charity Commission (under section 43(7)(b) of the 1993 Act, and - ❖ to state whether particular matters have come to my attention ## **Basis of Independent Examiner’s Statement** 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 includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the 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 statement 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 41 of the 1993 Act; and - ❖ 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. David Ajibola FCCA, AFA, MIPA MBA (Financial Services), BSc (Applied Accounting) 43, High Street, Thornton Heath, Croydon. CR7 8RW 22 November, 2021 5