Charity number 1152676
JESUS MISSION TO NATIONS MINISTRIES
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 January 2023
STAN KELLY & CO Claverings Business Park 14 Centre Way London N9 0AH
JESUS MISSION TO NATIONS MINISTRIES
Charity number 1152676
Charity Information
Registered Address
Edmonton Temple Grove Street London N18 2TL
Trustees:
Pastor Adewale Joseph O Adenola Mrs Joyce Famriyo Mrs Adetoro M Adenola Mr Olukayode Benjamin Ajibesin
Bankers
HSBC London
Independent Examiner
Emmanuel Oloke, FCCA Stan Kelly & Co Chartered Certified Accountants 14 Centre Way London N9 0AH
JESUS MISSION TO NATIONS MINISTRIES
Charity number 1152676
| Contents | Page |
|---|---|
| Examiner's Report | 1 |
| Statement of Financial Activities | 3 |
| Balance Sheet | 4 |
| Notes on the Accounts | 5 |
| Supplementary Information- Incoming Resources | 6 |
| Supplementary Information- Resources Expended | 7 |
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/members of
JESUS MISSION TO NATIONS MINISTRIES
On accounts for the year ended
31 January 2023 Charity no 1152676
Set out on pages
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 January 2023
Responsibilities and basis of report
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
~~[The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of [insert name of applicable listed body]].~~ ~~Delete [ ]~~ ~~if not applicable.~~
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with
-
section 130 of the Charities Act; or
Independent examiner's statement
-
the accounts did not accord with the accounting records;
-
or
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
Signed:
Name:
Relevant professional qualification(s) or body (if any):
Address:
| 30/08/2023 | |
|---|---|
| Dr Emmanuel Oloke,FCCA | |
| The Association of Chartered Certified Accountants (ACCA) | |
| Stan Kelly& Co | |
| 14 Centre Way | |
| London N9 0AH |
Section B Disclosure
Give here brief details of any items that the examiner wishes to disclose.
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Charity number 1152676
JESUS MISSION TO NATIONS MINISTRIES
STATEMENT OF FINANCIAL ACTIVITIES
Year Ended 31 January 2023
| Notes Incoming Resources Tithes and Offerings Gifts and Donations Total Incoming Resources Resources Expended Direct Charitable Expenditure Management and Adminstration of the charity Total Resources Expended Net Incoming Resources for the Year and net movements in Funds Fund balance brought forward at 31st January 2022 Fund Balance Carried Forward at 31st January 2023 |
Unrestricted Fund £ 48,545 - 48,545 54,756 14,471 69,227 20,682 - 8,194 - 28,876 - |
Restricted Fund £ - - - - - - - - - |
Total 2023 £ 48,545 - 48,545 54,756 14,471 69,227 20,682 - 8,194 - 28,876 - |
Total 2022 £ 47,722 250 |
|---|---|---|---|---|
| 47,972 | ||||
| 40,758 8,608 |
||||
| 49,366 | ||||
| 1,394 - 6,800 - |
||||
| 8,194 - |
3
~~StanKelly~~
JESUS MISSION TO NATIONS MINISTRIES
Charity number 1152676
BALANCE SHEET as at 31 January 2023
| Note Fixed Assets 2 Current assets Debtors 3 Cash at bank and in hand 4 Creditors: Amounts falling due within one year 5 Net Current Assets Creditors: Amounts falling due after more than one year 6 Total Net Assets The Funds of the Charity Unrestricted: Designated funds General funds |
2023 £ 1,811 1,811 2,636 29,128 33,575 35,671 - 2,096 - 25,386 - 27,482 - 27,482 - 27,482 - |
2022 £ 2,542 |
|---|---|---|
| 2,542 1,955 16,464 |
||
| 20,961 | ||
| 7,678 - |
||
| 13,283 | ||
| 20,083 - |
||
| 6,800 - |
||
| 6,800 - |
||
| 6,800 - |
The financial statements were approved by the trustees on 30 August 2023 and signed on its behalf by:
………………………………………………… Trustee
Pastor J. Adenola
The notes on page 5 form part of these financial statements.
4
~~StanKelly~~
JESUS MISSION TO NATIONS MINISTRIES
Charity number 1152676
For the year ended 31 January 2023
Notes on the Accounts
1. Accounting Policies
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a. The financial statements have been prepared under the historical cost convention and applicable accounting standards and in accordance with Statement of Recommended Practice - Accounting by Charities .
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b Depreciation is calculated to write off the costs of fixed assets over their useful lives at the following rates:
| Musical instrument | 25% |
|---|---|
| Furniture | 20% |
| Computer equipment | 25% |
c Incoming resources All incoming resources are included on the statement of financial activities when the charity is legally entitled to the income.
- d 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.
2. Fixed Assets
| m Cost At 1 February 2022 Additions At 31 January 2023 Depreciation At 1 February 2022 Charge for the year At 31 January 2023 Net book value as At 31 January 2023 Net book value as At 1 February 2022 |
Instruments and Computer edia equipment Furniture equpiment Total £ £ £ 7,198 3,901 3,986 15,085 335 - - 335 |
|---|---|
| 7,533 3,901 3,986 15,420 |
|
| 5,863 3,891 2,789 12,543 526 - 540 1,066 |
|
| 6,389 3,891 3,329 13,609 |
|
| 1,144 10 657 1,811 |
|
| 1,335 10 1,197 2,542 |
3. Debtors: Less than one year
| Prepayments 3 HMRC: Social securities overpayment ance Cash and Bank balance 4 s falling due within 1 year Professional fees 4 Other taxes and social security costs Rent s falling due after more than 1 year Other creditors 5 |
0 2636 |
|---|---|
| 2636 29128 |
|
| 29128 540 131 35000 |
|
| 35671 25386 |
|
| 25386 |
4. Bank and cash balance
5. Creditors: Amounts falling due within 1 year
6. Creditors: Amounts falling due after more than 1 year
5
~~StanKelly~~
Charity number 1152676
JESUS MISSION TO NATIONS MINISTRIES
Year ended 31 January 2023
Supplementary Information
Incoming Resources
| 2023 Tithe & Offerings Donations Others Total £ £ £ £ Tithes and Offerings 48,545 48,545 Gifts and Donations - - Total 48,545 - - 48,545 |
2022 Total £ 47,722 250 |
|---|---|
| 47,972 |
6
~~StanKelly~~
JESUS MISSION TO NATIONS MINISTRIES
Charity number 1152676
Year ended 31 January 2023
Supplementary Information
Resources Expended
| Direct charity expenditure Management & Admin. £ £ Pastoral care & Welfare 2,180 Church Outreach & Events 4,066 Branch activities 250 Orphanage & Missions Events 8,760 Charitable Gifts & Donations 1,300 Pastoral Stipend 10,200 Honorarium - Hall Rental & Service Charges 28,000 Cleaning - Travel and subsistence 157 Telephone 1,048 Internet and Computing 1,862 Print, Post & Stationery 527 Health and Safety - CRB, Safe Guarding & Insurance 856 Training Courses and resources 949 Employers NI 407 Professional Fees 540 Other Legal & Professional Fees 346 Light & Heat 2,474 Water rates 382 Repairs & Maintenance 3,756 Depreciation 1,066 Bank Interest & Charges 101 Sundry Expenses - TOTAL 54,756 14,471 |
2023 Total £ 2,180 4,066 250 8,760 1,300 10,200 - 28,000 - 157 1,048 1,862 527 - 856 949 407 540 346 2,474 382 3,756 1,066 101 - 69,227 |
2022 Total £ 2,820 1,602 - 4,415 950 9,521 450 21,000 309 - 916 1,182 527 13 857 - 436 540 200 1,661 200 713 982 71 - |
|---|---|---|
| 49,366 |
7
~~StanKelly~~
Charity number 1152676
JESUS MISSION TO NATIONS MINISTRIES
Year ended 31 January 2023
| 2 | Tangible fixed assets | Tangible fixed assets | ||||
|---|---|---|---|---|---|---|
| Instruments and | Computer | |||||
| media equipment | Furniture | equpiment | Total | |||
| £ | £ | £ | ||||
| Cost | ||||||
| At 1 February 2022 | 7,198 | 3,901 | 3,986 | 15,085 | ||
| Additions | 335 | - | - | 335 | ||
| At 31 January 2023 | 7,533 | 3,901 | 3,986 | 15,420 | ||
| Depreciation | ||||||
| At 1 February 2022 | 5,863 | 3,891 | 2,789 | 12,543 | ||
| Charge for the year | 526 | - | 540 | 1,066 | ||
| At 31 January 2023 | 6,389 | 3,891 | 3,329 | 13,609 | ||
| Net book value as | At 31 January 2023 | 1,144 | 10 | 657 | 1,811 | |
| 4 | Cash at Bank Balance | |||||
| Treasurer's Bank Account | 29,128 | |||||
| 29,128 |