**Charity number: 1159442**
## **JOY CHRISTIAN CENTRE**
## **UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **JOY CHRISTIAN CENTRE**
## **CONTENTS**
||Page|
|---|---|
|**Reference and administrative details of the Charity, its Trustees and advisers**|1|
|**Trustees' report**|2 - 4|
|**Independent examiner's report**|5|
|**Statement of financial activities**|6|
|**Balance sheet**|7|
|**Notes to the financial statements**|8 - 17|
## **JOY CHRISTIAN CENTRE**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2022**
**Trustees** Rev W E Sunu, Senior Minister & Trustee M E G Doherty, Chair of Trustees B Kamara, Trustee L T Ofosu, Trustee (appointed 30 October 2020)
**Charity registered number** 1159442 **Principal office** 11 Manor House Heron Court Cranes Close Basildon Essex SS14 3DF **Accountants** Hedley Dunk Limited Chartered Accountants Trinity House 3 Bullace Lane Dartford Kent DA1 1BB
Page 1
## **JOY CHRISTIAN CENTRE**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2022**
The Trustees present their annual report together with the financial statements of the Joy Christian Centre for the 1 April 2021 to 31 March 2022.
## **Objectives and activities**
## **Policies and objectives**
The Trustees of Joy Christian Centre has the responsibility of co-operation with the Residential Pastor in promoting Joy Christian Centre, Basildon, covering the whole dimension of the Centre, pastoral, evangelistic and ecumenical as stated in the organisation's Constitution. It has specific responsibilities for the management of the funds and assets of the charity and for the employments of its staff.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
## **Achievements and performance**
## **Review of activities**
Since relocating the church to unit 6 -11 Manor House, Cranes farm Road, in June 2018 the number of congregants have been increasing gradually but nowhere near pre-Covid figures.
Adopting the Hybrid (in-person and online} style of worship service with the hope of reaching more people online has proven useful in the last couple years but it is yet to reflect in the number of congregants who attend our inperson weekend service.
There are plans to hold various teaching conferences this year to help boost our numbers and hopefully increase donations, tithes and offerings.
## **Financial review**
## **Going concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
Donations, tithes and offerings (as well as gift-aid} has been the main source of income. However, the church leaders and trustees are looking for low to medium risk investment opportunities that will help the charity diversity our source of income.
A review of our business rate liabilities in 2022 by the trustees has revealed that the charity should benefit from the 80% mandatory rebate given to charities by the local authority. However that was not the case because the rent was inclusive of the business rate. We approached our Landlord and the local council and as a result our business rate for 2023 is now in credit.
## **Financial risk management objectives and policies**
The Trustees have identified the major risks to which Joy Christian Centre are exposed and these are reviewed regularly. The systems and procedures to mitigate those risks are also the subject of regular review and where appropriate professional advice is sought to provide the Centre with the information it requires to manage the risks on behalf of the charity.
Page 2
**JOY CHRISTIAN CENTRE**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022**
## **Structure, governance and management**
## **Constitution**
Joy Christian Centre is a registered Charitable Incorporated Organisation (CIO), number 1159442, and is governed by constitution
## **Methods of appointment or election of Trustees**
The management of the charity is the responsibility of the Trustees who are elected or co-opted under terms of the constitution.
## **Organisational structure and decision-making policies**
## **Finance Committee**
This committee oversees the detailed financial management information provided by the Treasurers; prepares financial advice for the Joy Christian Centre including the budget; and considers requests for expenditure outside the agreed budget.
## **Ministry Team**
An advisory group to the Resident Pastor (in whom lies all the responsibility for the spiritual and worship life of the parish) on matters relating to ministry to the local church, such as aspects of worship, midweek groups and work with young people and children. This group consults and received advice from the Trustees as appropriate
## **Financial risk management**
The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.
## **Plans for future periods**
The Trustees are actively developing the building fund with the aim of buying a permanent home for the church to carry out its pastoral, evangelical and other community activities.
Page 3
## **JOY CHRISTIAN CENTRE**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022**
## **Statement of Trustees' responsibilities**
The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by: .d3��� ................................................ �: . **.** ��-e .. **.** ...... **.** ... **.** ....... **M E G Doherty** Chair of Trustees
Date: 26 January 2023
Page 4
## **JOY CHRISTIAN CENTRE**
## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2022**
## **Independent examiner's report to the Trustees of Joy Christian Centre ('the Charity')**
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination, 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
- 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.
Signed: Dated: 26 January 2023 Jack Fryer ACA
Hedley Dunk Limited Dartford
Page 5
**JOY CHRISTIAN CENTRE**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|**Note**
**Income from:**
Donations and legacies
3
Other Income
4
**Total income**
**Expenditure on:**
Charitable activities
5
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Unrestricted**
**funds**
**2022**
**£**
58,800
3
58,803
59,575
59,575
(772)
25,385
(772)
24,613|**Total**
**funds**
**2022**
**£**
58,800
3
58,803
59,575
59,575
(772)
25,385
(772)
24,613|Total
funds
2021
£
55,898
9|
|---|---|---|---|
||||55,907|
||||54,616|
||||54,616|
||||1,291|
||||24,094
1,291|
||||25,385|
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 8 to 17 form part of these financial statements.
Page 6
## **JOY CHRISTIAN CENTRE**
## **BALANCE SHEET AS AT 31 MARCH 2022**
|**Note**
**Fixed assets**
Tangible assets
10
**Current assets**
Debtors
11
Cash at bank and in hand
Creditors: amounts falling due within one
year
12
**Net current assets**
**Total assets less current liabilities**
**Total net assets**
**Charity funds**
Restricted funds
13
Unrestricted funds
13
**Total funds**|257
22,955
23,212
(1,365)|**2022**
**£**
2,766
2,766
21,847
24,613
24,613
-
24,613
24,613|-
24,658
24,658
(1,760)|2021
£
2,487|
|---|---|---|---|---|
|||||2,487
22,898|
|||||25,385|
||||||
|||||25,385|
|||||-
25,385|
||||||
|||||25,385|
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
.d3��� � ................................................ : . **.** ��-e .. **.** ...... **.** ... **.** ....... **M E G Doherty** Chair of Trustees
Date: 26 January 2023
The notes on pages 8 to 17 form part of these financial statements.
Page 7
**JOY CHRISTIAN CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **1. General information**
Joy Christian Centre is a charity registered in the UK under number 1159442, it operates from Unit 11, Manor House, Cranes Farm Road, Basilson, Essex, SS14 3DF.
## **2. Accounting policies**
## **2.1 Basis of preparation of financial statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Joy Christian Centre meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
## **2.2 Income**
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.
## **2.3 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
## **2.4 Government grants**
Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of financial activities over the expected useful lives of the assets concerned. Other grants are credited to the Statement of financial activities as the related expenditure is incurred.
Page 8
**JOY CHRISTIAN CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **2. Accounting policies (continued)**
## **2.5 Tangible fixed assets and depreciation**
Tangible fixed assets costing £250 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, on a reducing balance basis.
Depreciation is provided on the following basis:
|Motor vehicles|-|20% reducing balance basis|
|---|---|---|
|Fixtures and fittings|-|20% reducing balance basis|
|Office equipment|-|25% reducing balance basis|
|Other fixed assets|-|20% reducing balance basis|
## **2.6 Debtors**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **2.7 Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **2.8 Liabilities and provisions**
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
## **2.9 Financial instruments**
The Charity only has financial assets and financial 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 with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **2.10 Pensions**
The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.
Page 9
**JOY CHRISTIAN CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **2. Accounting policies (continued)**
## **2.11 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Investment income, gains and losses are allocated to the appropriate fund.
## **3. Income from donations and legacies**
|**Unrestricted**
**funds**
**2022**
**£**
Donations
58,800
Unrestricted
funds
2021
£
Donations
52,929
Government grants
2,969
55,898
**4.**
**Other income**
**Unrestricted**
**funds**
**2022**
**£**
Bank interest receieved
3
Unrestricted
funds
2021
£
Bank interest receieved
9|**Total**
**funds**
**2022**
**£**
58,800|
|---|---|
||Total
funds
2021
£
52,929
2,969|
||55,898|
||**Total**
**funds**
**2022**
**£**
3|
||Total
funds
2021
£
9|
Page 10
## **JOY CHRISTIAN CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **5. Analysis of expenditure on charitable activities**
## **Summary by fund type**
|**Unrestricted**
**funds**
**2022**
**£**
Direct costs
59,575
Unrestricted
funds
2021
£
Direct costs
54,616
**Analysis of expenditure by activities**
**Activities**
**undertaken**
**directly**
**2022**
**£**
Church Activities
59,575
Activities
undertaken
directly
2021
£
Church Activities
54,616|**Total**
**2022**
**£**
59,575|
|---|---|
||Total
2021
£
54,616|
||**Total**
**funds**
**2022**
**£**
59,575|
||Total
funds
2021
£
54,616|
## **6. Analysis of expenditure by activities**
Page 11
**JOY CHRISTIAN CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **6. Analysis of expenditure by activities (continued)**
## **Analysis of direct costs**
|Staff costs
Worship materials
Rent and rates
Conferences and training
Insurance
Utilities and other premise costs
Sundry expenses
Telephone
Guest Speakers
Volunteer travel expenses
Gifts and donations
Accountancy
Repairs and renewals
Office costs
Card charges
Subscriptions
Depreciation|**Activities**
**2022**
**£**
22,333
772
25,661
990
524
293
707
1,951
3,630
60
250
600
20
412
41
489
842
59,575|**Total**
**funds**
**2022**
**£**
22,333
772
25,661
990
524
293
707
1,951
3,630
60
250
600
20
412
41
489
842|
|---|---|---|
|||59,575|
Page 12
## **JOY CHRISTIAN CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **6. Analysis of expenditure by activities (continued)**
## **Analysis of direct costs (continued)**
|Staff costs
Worship materials
Rent and rates
Conferences and training
Insurance
Utilities and other premise costs
Sundry expenses
Telephone
Guest Speakers
Gifts and donations
Welfare
Accountancy
Repairs and renewals
Office costs
Card charges
Subscriptions
Depreciation
**7.**
**Independent examiner's remuneration**
Fees payable to the Charity's independent examiner for the independent
examination of the Charity's annual accounts (including VAT)
Fees payable to the Charity's independent examiner in respect of:
All other services not included above (including VAT)|Activities
2021
£
27,290
334
14,575
624
516
608
690
1,805
848
500
918
735
720
2,687
5
1,033
728
54,616
**2022**
**£**
360
300|Total
funds
2021
£
27,290
334
14,575
624
516
608
690
1,805
848
500
918
735
720
2,687
5
1,033
728|
|---|---|---|
|||54,616|
|||2021
£
360
300|
Page 13
**JOY CHRISTIAN CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **8. Staff costs**
|**2022**
**£**
Wages and salaries
21,927
Contribution to defined contribution pension schemes
406
22,333
The average number of persons employed by the Charity during the year was as follows:
**2022**
**No.**
Employees
1|2021
£
26,722
568|
|---|---|
|||
||27,290|
||2021
No.
1|
No employee received remuneration amounting to more than £60,000 in either year.
## **9. Trustees' remuneration and expenses**
During the year, one or more Trustees has been paid remuneration or has received other benefits from an employment with the Charity. Rev W E Sunu received a salary for his employment as the Senior Pastor of the Charity. No remuneration was recieved for his role as a Trustee. The value of Trustees' remuneration and other benefits was as follows:
|||**2022**|2021|
|---|---|---|---|
|||**£**|£|
|Rev W E Sunu|Remuneration|21,926|21,926|
During the year ended 31 March 2022, no Trustee expenses have been incurred (2021 - £NIL).
Page 14
**JOY CHRISTIAN CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **10. Tangible fixed assets**
|**Cost or valuation**
At 1 April 2021
Additions
At 31 March 2022
**Depreciation**
At 1 April 2021
Charge for the year
At 31 March 2022
**Net book value**
At 31 March 2022
At 31 March 2021
**Debtors**
**Due within one year**
Prepayments and accrued income
**Creditors: Amounts falling due within one**
Other taxation and social security
Pension fund loan payable
Accruals and deferred income|**Fixtures and**
**fittings**
**£**
2,690
-
2,690
2,347
176
2,523
167
343
**year**|**Office**
**equipment**
**£**
4,998
1,121
6,119
3,306
576
3,882
2,237
1,692||**Other fixed**
**assets**
**£**
1,379
-
1,379
927
90
1,017
362
452
**2022**
**£**
257
257
**2022**
**£**
444
(9)
930
1,365|**Total**
**£**
9,067
1,121|
|---|---|---|---|---|---|
||||||10,188|
||||||6,580
842|
||||||7,422|
||||||2,766|
||||||2,487|
||||||2021
£
-
-
2021
£
224
96
1,440
1,760|
## **11. Debtors**
## **12. Creditors: Amounts falling due within one year**
Page 15
**JOY CHRISTIAN CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **13. Statement of funds**
## **Statement of funds - current year**
|**Unrestricted funds**
General Funds - all funds
**Statement of funds - prior year**
**Unrestricted funds**
General Funds - all funds|**Balance at 1**
**April 2021**
**£**
25,385
Balance at
1 April 2020
£
24,094|**Income**
**£**
58,803
Income
£
55,907|**Expenditure**
**£**
(59,575)
Expenditure
£
(54,616)|**Balance at**
**31 March**
**2022**
**£**
24,613|
|---|---|---|---|---|
|||||Balance at
31 March
2021
£
25,385|
## **14. Summary of funds**
**Summary of funds - current year**
|General funds
**Summary of funds - prior year**
General funds|**Balance at 1**
**April 2021**
**£**
25,385
Balance at
1 April 2020
£
24,094|**Income**
**£**
58,803
Income
£
55,907|**Expenditure**
**£**
(59,575)
Expenditure
£
(54,616)|**Balance at**
**31 March**
**2022**
**£**
24,613|
|---|---|---|---|---|
|||||Balance at
31 March
2021
£
25,385|
Page 16
## **JOY CHRISTIAN CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **15. Analysis of net assets between funds**
## **Analysis of net assets between funds - current year**
|**Unrestricted**
**funds**
**2022**
**£**
Tangible fixed assets
2,766
Current assets
23,212
Creditors due within one year
(1,365)
**Total**
24,613|**Total**
**funds**
**2022**
**£**
2,766
23,212
(1,365)
24,613|
|---|---|
## **Analysis of net assets between funds - prior year**
|Tangible fixed assets
Current assets
Creditors due within one year
**Total**|Unrestricted
funds
2021
£
2,487
24,658
(1,760)
25,385|Total
funds
2021
£
2,487
24,658
(1,760)
25,385|
|---|---|---|
## **16. Pension commitments**
The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge amounted to £406 (2021- £568).
Page 17