## **UK4JESUS MINISTRIES** ## **FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31st OCTOBER 2024** ## **CHARITY NUMBER: 1159024** 1 **UK4JESUS MINISTRIES 42 Hanover Road LONDON N15 4DL** ## **INDEX** ## Contents INDEX.............................................................................................................................2 TRUSTEES’ REPORT YEAR ENDED 31[st] OCTOBER 2024...................................3 STRUCTURE, GOVERNANCE AND MANAGEMENT.........................................3 OBJECTIVES AND ACTIVITIES..............................................................................3 ACHIEVMENTS AND PERFORMANCE.................................................................3 FINANCIAL REVIEW................................................................................................3 RESERVE POLICY.....................................................................................................4 RISK MANAGEMENT...............................................................................................4 TRUSTEE RESPONSIBILITIES................................................................................4 2 ## **UK4JESUS MINISTRIES** ## **TRUSTEES’ REPORT YEAR ENDED 31[st] OCTOBER 2024** The trustees are pleased to present their report for the year ended 31[st] October 2024 for the charity, UK4JESUS MINISTRIES with charity number 1159024. The Trustees of the charity are: Rev Jonas de Oliveira Moreira Elica Gomes Moreira Berto Luiz Carlos Camargo The principal address of the charity is : 42 Hanover Road LONDON N15 4DL ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** The Charity governing document is a CIO – Foundation Constitution registered 30[th] October 2014.The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position. ## **OBJECTIVES AND ACTIVITIES** The Objects of the organisation are first to advance the Christian faith in accordance with the statement of beliefs for the benefit in the United Kingdom and in such other parts of the world as the trustees may think fit from time to time . The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake. ## **ACHIEVMENTS AND PERFORMANCE** The charity did not undertake any operational activities during the financial year 2023–2024 due to unforeseen personal circumstances affecting the previous trustees. As a result, governance of the charity was formally transferred to a new board of trustees. During this period of inactivity, the charity managed its limited expenses responsibly, ensuring that all necessary administrative obligations were met. The new trustees are now in the process of reactivating the charity’s activities and reaffirming its commitment to its charitable objectives. ## **FINANCIAL REVIEW** 3 The income of the charity is £0.00. This is a small amount for this year of the charity the costs have been well managed over this period. The organisation is still in a good position to manage its costs. ## **RESERVE POLICY** It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure. This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year. ## **RISK MANAGEMENT** The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity and are satisfied that systems are in place to mitigate exposure to major risks. ## **TRUSTEE RESPONSIBILITIES** Under the Charities Act 2011,the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to: 1. Select suitable accounting policies and apply them consistently. 2. Make judgements and estimates that are reasonable and prudent. 3. State whether the applicable accounting standards have been followed. 4. Prepare financial statements on an ongoing basis. They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities. Approved by the Trustees on 30[th] July 2025 and signed on their behalf by: Rev Jonas de Oliveira Moreira 4 ## **UK4JESUS MINISTRIES** ## **ACCOUNTS FOR THE YEAR ENDED 31[st] October 2024 1- Receipts & Payments Account (General Purpose Fund)** |**Income Receipts**
Donations
**Total Receipts**
**Direct Charitable Expenditure**
Telephone
Rent
Stationery
Sundry
Professional fees
Travel
Admin
Speaker’s expenses
Insurance
Transport
Card services
Missions
Bank
**Other Expenditure**
Equipment
Instruments
Media Services
**Total Payments**
**Net Receipts/(Payments) for the year**
**Adjustments**|**£/**
**2024**
**£/202**
**3**
0
600| |---|---| ||0
600| ||0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0| ||0
0
0
0
0
0
0
0| ||0
0
0
0
0
600| 5 **Cash Funds brought forward** 611 11 |**UK4JESUS MINISTRIES**||| |---|---|---| |**2- Statements of Assets and Liabilities on 31st October**||**2024**| ||**Unrestricte**|| |**Cash Funds**|**d Funds**|| ||£/2024|| ||£/2023|| |Cash at hand and in bank|331|611| ||331|611| |**Other Monetary Assets**||| |**Assets Retained for the**||| |**Charity's Own use**||| |**Non-monetary Assets and Liabilities**||| |Musical Instruments|36|46| |Equipment|117|147| ||153|193| |**Liabilities**||| |Bookkeeping|0|280| ||0|280| |**NET ASSETS**|484|524| These accounts were approved by the trustees on 30[th] July 2025 and signed on their behalf by: Rev Jonas de Oliveira Moreira 6 ## **UK4JESUS MINISTRIES** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31st October 2024** ## **ACCOUNTING POLICIES** ## **Basis of Accounting** These accounts have been prepared on the receipts and payments basis with all revenue and expenses shown on a cash basis. Non-monetary assets are shown at estimates of the value at the end of the year. ## **Funds** The CIO has a general unrestricted fund that receives voluntary donations from attendants at the services. The CIO has no outstanding guarantees to third parties, nor any debts secured on the assets of the CIO. ## **Public Benefit** The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or aims that are for public benefit. Details of how this is achieved are provided in the Trustees report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake. ## **Depreciation** Depreciation is calculated at 20% reducing balance method. 7