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2020-11-30-accounts

J P TEAM INTERNATIONAL

(A private limited company by guarantee without share capital use of “Limited”

exemption)

Financial Statements For the year ended 30 November 2020

Company Number: 08290018 Charity Number: 1159304

1

CONTENTS PAGE

Page
Trustees’ Report 3 - 9
Independent Examiner’s Report 10
Statement of Financial Activities 11
Balance Sheet 12
Notes to the Accounts 13 - 18

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J P Team International Trustees Report For the year ended 30 November 2020

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Company Number: 08290018
Charity Number: 1159304
Registered Office: Devonshire House
60 Goswell Road
London, EC1M 7AD
Directors and Trustees: M. Evans II
R. Barton
C. Evans
T. Malone
M. Armstrong
Chief Executive Officer Michael David Evans II
Secretary: Carolyn Sue Evans
CUWI
PO Box 2001
Colleyville, TX 76034
Principal Bankers: CAF Bank
25 Kings Hill Avenue
West Malling, ME19 4JQ
Independent examiner Moore Kingston Smith
Devonshire House
60 Goswell Road
London, EC1M 7AD
Solicitors: Robert Meakin
Stone King
30 Station Road
Cambridge, CB1 2RE

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J P Team International Trustees Report For the year ended 30 November 2020

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The Trustees present their statutory report together with the accounts of J P Team International (JPTI) for the year ended 30 November 2020.

The information contained on page 3 of the Financial Statements forms part of the Trustees’ Report.

Structure, Governance and Management

Governing Document

The J P Team International (JPTI) (also identified as “the Charity”) was incorporated on the 12[th] of November 2012 and is governed by the provisions of its Memorandum and Articles of Association.

Organizational Structure

The organizational structure as detailed in the constitution of the Charity is the responsibility of the Board of Trustees. In accordance with the constitution, the Board holds at least one general meeting and two additional meetings per year. The day-to-day running of the Charity is carried out by the Chief Executive, who is responsible to the Board of Trustees.

Connected and Related Parties

Two of the Trustees of the Charity (Carolyn Evans and Michael Evans II) and former trustee Michael Evans I assisted in the establishment of other JPTI charities throughout the world that share similar visions and purposes as JPTI. Michael Evans I, Carolyn Evans and Michael Evans II are also on some of those other charities’ boards. However, the Charity does not consolidate these foreign entities in its financial statements, as they are separate legal entities with no one controlling party. Further details of transactions can be found in the financial statements.

Jerusalem Prayer Team is the common name used for all JPT charities that operate around the world for purposes of digitally connecting and is filed as a “doing business as” for the United States charities. JPTI is loosely based on the objectives of the Jerusalem Prayer Team. While the U.S. organization provides printed and digital materials, JPTI remains a related, yet independent, organization.

Trustees, Appointments, Induction and Training

New Trustees are appointed by the existing Trustees should they be deemed appropriate and helpful to fulfill any shortfall in the skill set of the Board upon application. The Charity shall hold a general meeting and a minimum of two other meetings per year. The Trustees have learned their duties as Trustees through information obtained from external consultants and the Charity Commission, and are responsible for the induction and training of new Trustees. Further training, consultation and information is made available to the Trustees on an on-going basis.

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J P Team International Trustees Report For the year ended 30 November 2020

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Remuneration Policy

The Charity does not currently employ any paid staff members. The salary of future staff members will be determined by the Board and is based on the hours worked and the prevailing market rates for the level of work that is being undertaken. Potential future increases in salary will reflect increases in cost of living.

As noted in the accounts, the Trustees and officers of the Charity receive no remuneration or compensation for their time and services to the Charity.

Public Benefit

We have referred to the guidance in the Charity Commission’s general guidance in PB1, PB2, and PB3 of the Charities Act 2011 on Public Benefit when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives outlined below.

Objectives and activities

The objects of JPTI, in light of the Public Benefits guidance, continue to be:

To meet these objectives, the Charity has two primary aims and objectives, which have remained constant:

In practical terms, the Charity’s practical activities are:

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J P Team International Trustees Report For the year ended 30 November 2020

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This Museum and the Righteous Nation Heritage Center seek to foster relationships between Judaism and Christianity. JPTI will provide on-going research and content for the Jerusalem Museum.

In order to fund and educate others about these charitable programs, the Charity continually employs these outreach strategies:

Achievements and Performance

JPTI raised £179,225 (2019: £297,161) in the year ended 30 November 2020. The majority of these donations were obtained as a result of our partner prayer and newsletter outreach mailings.

During the year ending 30 November 2020, JPTI’s number of prayer support partners remain almost the same at around 8,927. Over the course of the year ministry communications and teaching letters totaling about 17,702 pieces were sent to our prayer support partners. A total of 5,381 Ministry Magazines were sent to our more active partners. JPTI was also able to provide about 313 individual ministry resource requests by providing over 982 educational and religious article items.

In addition, during the year ending 30 November 2020, JPTI was able to increase the number of members they communicated with primarily via email to 7,051 (over 2,500,000 emails were sent out during the year). The emails averaged an open rate of approximately 10.94%.

JPTI continued to focus on building a prayer community in the UK via Facebook. By the year end 30 November 2020, JPTI had added a total of 609,052 new page likes.

6

J P Team International Trustees Report For the year ended 30 November 2020

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The Board expanded its activities with an additional emphasis on digital educational opportunities. As a result, the following additional activity has been added for focus in the coming year as referenced above:

“Produce educational content using digital technology that will provide courses Based on Judeo-Christian principles with an emphasis on the Christian Zionist Movement.”

In furtherance of this objective, JPTI entered into a contract with Blackboard (the largest provider of on-line education platforms in the world) to provide the educational platform on a worldwide basis operating under the brand Friends of Zion Institute (FOZI). Plans are being made to start the content creation. During the last 12 months 16 courses making up the initial Ambassador Certificate have been fully developed and are ready to launch.

To provide 24/7 support for students of FOZI, JPTI has contracted with Norman Managed Services of the University of Northumbria at Newcastle, UK.

Future Plans

The major emphasis in the coming year will be marketing programs to make available the educational content of the 16 courses that make up the Ambassador Certificate and to educate thousands to fight anti-Semitism and support Zionism.

Grants Awarded

The Trustees discuss each potential grant before a decision is taken to support a charitable organization. The grants are given at arm’s length to support the on-going charitable activities on an organization. During the year JPTI awarded a grant of £14,000 to the Project for the Poor.

Grant Making Policy

In light of the growing size of the Charity, the Board asked counsel to draft a grantmaking policy and that policy was adopted at the July 2018 meeting of the Board of Trustees.

Risk Management

The Board examined principle risks and uncertainties and identified three major areas for discussion and future Board action:

  1. Cybersecurity and donor privacy.

  2. Banking regulations and lack of ability of current bank (CAF Bank) to process international grants and funds designated for work in different parts of the world.

  3. Compliance with the Terrorism Act of 2000.

7

J P Team International Trustees Report For the year ended 30 November 2020

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The major risks to which the Charity is exposed, as identified by the Trustees, were reviewed during the year. The Trustees are satisfied that the processes are in place to mitigate risks for cyber security and donor privacy. The Trustees have voted to move bank relations away from CAF Bank to a bank more suited to handle the complex international activity of JPTI. However, this has not been implemented yet since the receiving banks contacted currently require more UK based trustees as part of their due diligence requirements. The decision has been made to interview and recruit 2 trustees with permanent residences in the UK. The Trustees all reviewed copies of the Terrorism Act of 2000 Compliance Tool Kit published by the Charity Commission for England and Wales (“Terrorism Act Kit”). As a charity involved with international activity in Europe and the Middle East it is critical that all Trustees and officers be familiar with these laws.

Covid-19 Impacts

Covid-19 has financially impacted the Charity with a reduction in donations. This has resulted in a focus of resources on our digital activity, daily prayers with partners, and responding with help and encouragement with thousands who have suffered depression and stress because of Covid-19. Operational impact has been negligible since the Charity from its inception established itself without traditional trappings of offices and overhead and operates digitally throughout the United Kingdom and around the world primarily through volunteers and contract assistance.

Financial Review

Reserves Policy

The Board has examined the requirement for free resources, which are those unrestricted funds not invested in fixed assets, designated for specific purposes or otherwise committed. The Trustees review its reserves policy annually and consider that the free reserves held by the Charity should be broadly equivalent to at least nine (9) months of the yearly on-going annual expenditures. The Trustees decided the JPTI’s long-term target of free reserves should be £200,000, which would give the Charity flexibility to cover temporary timing differences for donation receipts, adequate working capital for core costs, and would allow JPTI to respond quickly to emergencies where immediate relief is required.

As of 30 November 2020, total reserves of the charity amounted to £726,074. This consisted of unrestricted income funds of £725,201 and restricted income funds of £873. Free reserves at 30 November 2020 amounted to £725,201. The Board acknowledges that this falls above the target free reserve and strategies to maintain the long-term target are being implemented.

Statement of Trustees’ Responsibilities in Relation to Financial Statements

The Trustees of the Charity (who are also the Directors of JPTI) are responsible for preparing a trustee’s annual report and financial statement in accordance with applicable

8

J P Team International Trustees Report For the year ended 30 November 2020 law and United lQngdom Accounting Standards (United Kingdom Generally A￿pIed Accounting Practice). Company law r8quir8S the Trustees of th8 Charity to prepare financial ststements for each year which give a true and fair view of the stste of affairs of the Charity and the group, and of the incoming resources and application of reSoUr￿s. including income and expenditure, ol the charitable group for that period. In preparing the financial Statements, the Trustees are required to.. Select suitable accounting policies and then apply them c￿nsIstenI1y. ObseThe the methods and principles in the Charities SORP. Make judgments and estimates that are reasonable and prudent. State whether applicable UK accounting standards have been followed. subject to any material departures disclosed and explained in the financial slat8m8nt. Prepare the financial statement on the going concern basis unless it is inappropriate to presume that the Chanty will continue in business. The Trust8es are responsib18 for keeping proper accounting records that disclose wlh reasonable accuracy at any time the financial of the Charity and to enable them to ensur8 that thè financial statements comply wilh the Companies Act of 2006 and 2011. They are responsib18 for safeguarding the assets of the Charlty and the group, and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for Ihe maintenance and iniegrity of the corporate and financial infomation included on the Charity's website. Legislation in the United Kingdom goveming ihe preparation and dissemination of a financial statement may differ from legislation in another jurisdiction. By the order of the Board of Trustees. C. Evan8 Date a ¥ s.K, ao z[

JP Team International Independent Examiners' Report To the members of JP Team International

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 November 2020.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Chartered Accountants of England and Wales.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

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.

Neil Finlayson For and on behalf of Moore Kingston Smith LLP Chartered Accountants Devonshire House 60 Goswell Road London, EC1M 7AD

Date:

10

JP Team International

Statement of Financial Activities (incorporating the Income and Expenditure account) For the Year Ended 30 November 2020

Note
Income from:
Donations
Gift in Kind - Jerusalem Prayer Team
Total
Expenditure on:
Raising funds
2
Charitable activities
3
Total
Net movement in funds
4
Funds Brought Forward
Funds Carried Forward
10,11		 Unrestricted
£
179,225
10,000		 Restricted
£
-
-
2020		 Total
£
179,225
10,000
189,225
45,163
123,247
168,410
20,815
705,259
726,074		 2019
Total
£
297,161
10,000
189,225 - 307,161
45,163
117,772		 -
5,475		 54,515
112,437
162,935 5,475 166,952
26,290
698,911		 (5,475)
6,348		 140,209
565,050
725,201 873 705,259

The notes on the accompanying pages form a part of these financial statements.

11

JP Team International Balance Sheet As at 30 November 2020 2020 2019 Current Assets Cash ai bank and in hand 746.405 717.841 746,405 717.841 Crodltorn: Amounts falllng d wlthln on• y••r 20.331 12.582 N•t Curr•nt AsMt• 726.074 705,259 Tot•1 N•t A•••ts 726.074 705,259 Funds UnfestrSct8d income lund$ Rgstrtcl8d furKI8 10 11 725.201 873 726.074 698,911 6,348 705,259 These financial statements havè l)8en pmpared In aeeordance the provlsions applit￿blo to companle8 Bubject to the small companies r8gime wthin Part 15 of the Companies Acl 2006. For thg yegr ended 30 Novambgr 2020 the c¢mp8ny t*a$ gntidod tr) 0x0mpti￿1 from Judit undor seGtion 477 of th¥ Companios A¢t 2006 r¢l8ting to ¥m•ll ¢ompaAw. Thtr membeTs havo not rtyuired the ¢omparry to obtsin an audlt In •¢¢cKdanco wth 476 of th• C¢Jnpanies Act 2¢JO6. Thè direciof5 acknowledge thoir T8spon8itily for complying wlh Iho requirements of ts Act w¢th r8$p8ct to accounllng records and for preparalion of Iho xcounts. Thè I￿￿9 on the awompanwng page$ fom è part ofthese fina￿81 statements. Apkyoved and aulhorised for Mue by Ihe board on.. 28 S8Pt8mb8r 2021 Signed on Iheir behall by- C Evans Tru•t•• Company R•glstratlon No. 08290018 12

JP Team International Notes to the Financial Statements For the Year Ended 30 November 2020

1 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention.

The financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The charitable company is a public benefit entity for the purposes of FRS 102 and therefore the charitable company also prepared its financial statements in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (The FRS 102 Charities SORP), the Companies Act 2006 and the Charities Act 2011.

The Charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound.

b) Going concern

The trustees have assessed whether the use of going concern and have considered possible events or conditions that might cast significant doubt on the ability of the charitable company to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of the approval of these financial statements. In particular, the trustees have considered the charitable company’s forecasts and projections and have taken account of pressures on fee income. After making enquiries, the trustees have concluded that there is a reasonable expectation that the charitable company has adequate resources and there are no material uncertainties not to continue in operational existence for the foreseeable future. The charitable company therefore continues to adopt the going concern basis in preparing its financial statements.

c) Donation income

Income is included in the accounts when the charity is entitled to the funds, the receipt is probable and the amount can be measured reliably.

d) Gifts in kind

Income in the form of gifts in kind are included in the Statement of Financial Activities only when services have been donated to the charity. Gifts in kind consists of printing, postage, design, staff costs and other services relating to mail shots from Jerusalem Prayer Team (US). The gift in kind is valued at the cost of which the expense can been incurred.

e) Fund accounting

Restricted funds

Restricted funds are those that have been given to the charity to be spent on a particular purpose. Details of these funds held can be seen in note 11.

Unrestricted funds

These funds arise from donations provided for unrestricted purposes and from accumulated surpluses and deficits in the operations for charitable purposes and are expendable at the discretion of the Trustees.

f) Financial instruments

The charity has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

13

JP Team International Notes to the Financial Statements (continued) For the Year Ended 30 November 2020

1 Accounting Policies (continued)

g) Expenditure

Expenditure, which is charged on an accruals basis, is allocated between:

Charitable activities comprises all the expenditure incurred by the charity in meeting its charitable objectives and is further analysed between:

Where items of expenditure involve more than one cost category these costs have been apportioned on a reasonable basis as determined by the trustees. One particular area where the cost is material to the charity is in the production and distribution of the mail shots.

Support costs comprise all other overhead costs for the running of the charity as an organisation and the costs primarily associated with the constitutional and statutory requirements.

h) Foreign Currencies

Transactions in foreign currencies are translated at the exchange rate ruling at the date of the transaction, the average rate being used as an approximation to this rate. Monetary assets and liabilities in foreign currencies are translated at the rates of exchange ruling at the balance sheet date. All exchange differences are dealt with through the statement of financial activities.

i) Taxation

The charity is exempt from corporation tax on its charitable activities.

j) Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less.

k) Debtors and creditors

Debtors and creditors receivable or payable within one year of the reporting date are carried at their at transaction price.

l) Critical accounting estimates and areas of judgement

In preparing financial statements it is necessary to make certain judgements, estimates and assumptions that affect the amounts recognised in the financial statements.

In the view of the trustees in applying the accounting policies adopted, no judgements were required that have a significant effect on the amounts recognised in the financial statements nor do any estimates or assumptions made carry a significant risk of material adjustment in the next financial year.

14

JP Team International Notes to the Financial Statements (continued) For the Year Ended 30 November 2020

2
Raising funds
Bank charges
Accountancy
VAT not recoverable
Allocated support costs (See Note 5)		 2020
£
626
3,084
14,476
26,977
45,163		 2019
£
478
4,986
12,625
36,426
54,515

3 Charitable Activities

Teaching and Research
Allocated support costs (See Note 5)
Teaching and Research
Allocated support costs (See Note 5)
4
Net movement in funds
Movement in funds is stated after charging:
Independent examiner's remuneration (gross of VAT):
- Independent examination
- Accountancy
- Other services		 Ministry &
Educational
14,000
86,799
100,799
Ministry &
Educational
5,000
40,216
45,216		 Partner
Services
-
22,448
22,448
Partner
Services
-
67,221
67,221
2020
£
1,854
1,080
354		 2020 Total
14,000
109,247
123,247
2019 Total
5,000
107,437
112,437
2019
£
1,800
1,050
546

15

JP Team International Notes to the Financial Statements (continued) For the Year Ended 30 November 2020

5 Support Costs

Printing costs
Postage costs
Magazine costs
Design & editing
Partner services
Prayer call services
Partner processing
Fulfilment
Educational materials
CUI staff costs		 £
37,155
13,600
4,477
7,340
-
-
-
933
23,294
-
86,799
Ministry &
Educational		 £
-
-
-
-
14,978
274
2,462
1,734
-
3,000
22,448
Partner
Services		 £
6,557
2,400
187
1,295
3,744
48
5,746
-
-
7,000
26,977
Fundraising		 2020
£
43,712
16,000
4,664
8,635
18,722
322
8,208
2,667
23,294
10,000
136,224
Printing costs
Postage costs
Magazine costs
Design & editing
Partner services
Prayer call services
Partner processing
Fulfilment
Website & emails
Educational materials
TV air time costs
CUI staff costs		 £
4,444
19,090
2,225
7,374
-
-
-
1,914
2,016
1,677
1,476
-
40,216
Ministry &
Educational		 £
-
-
-
-
56,104
116
4,447
3,554
-
-
-
3,000
67,221
Partner
Services		 £
910
3,910
117
1,510
14,026
21
8,258
-
413
-
261
7,000
36,426
Fundraising		 2019
£
5,354
23,000
2,342
8,884
70,130
137
12,705
5,468
2,429
1,677
1,737
10,000
143,863

6 Trustees remuneration

During 2020 no trustee received funds as reimbursement for travel expenses incurred during the year (2019: £Nil).

No Trustee received remuneration during the year or payment for other services (2019: £Nil).

16

JP Team International Notes to the Financial Statements (continued) For the Year Ended 30 November 2020

7 Employees

The charity has no paid employees in either 2020 or 2019.

The key management are considered to be the Trustees and Chief Executive. Key management personnel were not remunerated in the year.

8 Taxation

The company, being a registered charity, is not liable for corporation tax in respect of its operations for the year.

9
Creditors : Amounts falling due within one year
Trade creditors
Accruals
10
Unrestricted Funds
Balance at 1
December 2019
Income
£
£
Unrestricted income funds
698,911
189,225
Balance at 1
December 2018
Income
£
£
Unrestricted income funds
565,050
300,813
11
Restricted Funds
Balance at 1
December 2019
Income
£
£
Ambassador Institute
5,000
-
Holocaust Survivors
Assitance
475
-
Friends of the Zion Center
Building Project
595
-
Orphans in Israel
278
-
6,348
-		 2020
£
17,043
3,288
20,331
Expenditure
£
(162,935)
Expenditure
£
(166,952)
Expenditure
£
(5,000)
(475)
-
-
(5,475)		 2019
£
1,892
10,690
12,582
Balance at 30
November 2020
£
725,201
Balance at 30
November 2019
£
698,911
Balance at 30
November 2020
£
-
-
595
278
873

17

JP Team International Notes to the Financial Statements (continued) For the Year Ended 30 November 2020

11 Restricted Funds (continued)

The Charity holds the following restricted funds at 30 November 2019 and 30 November 2020.

Ambassador Institute: relating to funding for the Ambassador Institute.

Holocaust Survivors Assistance: relating to funding for food and housing for holocaust survivors.

Friends of the Zion Center Building Project: relating to fundraising for the building project at the Zion Center.

Orphans in Israel: relating to funding to support orphans residing in Israel.

12 Members' Liability

The Charity is a company limited by guarantee. In the event of a winding up, the members' liability is limited to £1.

13 Related Party Transactions

Three of the Trustees of the Charity (Michael Evans I who was a trustee until he resigned on 1 March 2019, Carolyn Evans and Michael Evans II) assisted in the establishment of other JP Team International charities throughout the world that share similar visions and purposes as JP Team International and they are also on some of those other charities' boards. However, the Charity does not consolidate these foreign entities in its financial statements, as they are separate legal entities with no one controlling party. Neither were there any financial dealings with these entities during the year, apart from those transactions, and year end balances already disclosed below in accordance with FRS 102.

The following related party transactions occurred during the year.

In 2020 Jersalem Prayer Team (US) provided printing, postage, design and other services to the charity relating to the distribution of mail shots. The total gift in kind during the year to 30 November 2020 was £nil (2019: £10,000) and is valued at cost. More details on gifts in kind can be found in note 1d) to the notes of the accounts.

During the year a donation of £nil (2019: £5,000) was made to the Corrie Ten Boom Foundation which has common trustees with JP Team International.

As stated previously in Note 6 of the Financial Statements, no JP Team International Trustee receives any salary or compensation from the Charity.

18