## **LIVING JESUS TABERNACLE**
## **FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30[TH] APRIL 2023**
## **COMPANY NUMBER: 08479561**
**CHARITY NUMBER: 1161624**
**LIVING JESUS TABERNACLE (A COMPANY LIMITED BY GUARANTEE)**
**LEGAL & ADMINISTRATIVE DETAILS YEAR ENDED 30[TH] APRIL 2023**
## **ADDRESS FOR CORRESPONDENCE**
Suite 3, Peel House
30 The Downs Altrincham, Cheshire WA14 2PX
## **REGISTERED COMPANY NUMBER**
08479561
## **REGISTERED CHARITY NUMBER**
1161624
## **GOVERNING DOCUMENT**
MEMORANDUM & ARTICLES OF ASSOCIATION 9[TH] APRIL 2013 AS AMENDED 15[th] JANUARY 2015 AS AMENDED BY RESOLUTION 24[TH] APRIL 2015.
## **TRUSTEES/ DIRECTORS**
Rev Ernest Addo Miss Evette Scott Mrs Angella Addo
## **PRINCIPAL BANKERS**
Metro Bank
One Southampton Row Holborn WC1B 5HA
## **ACCOUNTANTS**
FRESH FIRE ORGANISATION GENERATOR BUSINESS CENTRE UNIT 5 95 MILES ROAD MITCHAM CR4 3FH
**LIVING JESUS TABERNACLE SUITE 3 PEEL HOUSE 30 THE DOWNS ALTRINCHAM, CHESHIRE WA14 2PX**
**INDEX Page Index 1 Trustee’s Report 2-3 Independent Examiner’s Report 4 Statement of Financial Activities 5 Balance Sheet 6 Notes on the financial Statements 7 - 10**
**1**
## **LIVING JESUS TABERNACLE TRUSTEES’ REPORT YEAR ENDED 30[TH] APRIL 2023**
The Trustees of Living Jesus Tabernacle (“LJT”), who are also directors for the purposes of company law, are pleased to present their report for the year ended 30 April 2023.
The current Trustees of LJT are: Mr Ernest Addo Mrs Angella Addo Ms Evette Scott The registered office address of LJT is: Suite 3, Peel House 30 The Downs Altrincham Cheshire WA14 2PX England, UK
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
Living Jesus Tabernacle (“LJT”) is a church based in the United Kingdom. It is registered as a company limited by guarantee (company registration number 08479561) and as a charity (charity registration number 1161624). LJT is governed by its Articles of Association and overseen by a board of Trustees who meet regularly to review activities and monitor the financial position. The Trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities LJT should undertake.
## **OBJECTIVES AND ACTIVITIES**
The primary objective of LJT is to advance the Christian faith, in accordance with our statement of beliefs, for the benefit of those in the United Kingdom and in such other parts of the world as the Trustees may think fit.
## **ACHIEVMENTS AND PERFORMANCE**
During the year under review, LJT continued to hold in-person services and events and offer counselling and spiritual support to members. Under the leadership of Reverend Ernest, training of church members was a priority during the year and LJT continues to witness positive transformation in the lives of attendees.
## **FINANCIAL REVIEW**
The current income of LJT demonstrates that costs have been well managed over this period. All income received came from voluntary donations by our members. LJT has a reserves policy of 3 months that allows it to continue operating without restriction in the case of unforeseen circumstances. This year it has met its reserves policy. LJT has no long-term debt and is a going concern.
2
## **FUTURE PLANS**
In the upcoming financial year, the Trustees will be focused on increasing membership, building social media channels and continuing to train members to develop their relationship with God and to help support the vision by sharing their time, talents and abilities.
## **RESERVE POLICY**
It is the policy of LJT to maintain unrestricted funds, which are the reserves of LJT at about 3 months of unrestricted expenditure. This provides sufficient funds to cover any emergency expenditures that may arise from time to time. LJT will seek to maintain this level throughout the year.
## **RISK MANAGEMENT**
The Trustees have assessed all the major risks to which LJT is exposed to, in particular those related to the operations and finances of LJT, and are satisfied that systems are in place to mitigate exposure to major risks. The Trustees are mindful of the impact on donations and attendance post pandemic and will continue to monitor the situation closely.
## **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 LJT. 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 LJT 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 LJT and to take reasonable steps to detect fraud or other irregularities.
Approved by the Trustees on 6[th] September 2023 and signed on their behalf
by:______________________________________
**3**
## Independent Examiner’s Report To the Trustees **LIVING JESUS TABERNACLE**
I report on the accounts of the church for the year ended 30[th ] April 2023 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.
## **Respective responsibilities of trustees and examiner**
The trustees of the church are responsible for the preparation of accounts: they consider that the audit requirement under section 144(2) of the Charities Act 2011 (the 2011 Act),does not apply. It is my responsibility to :
- Examine the accounts under section 145 of the 2011 Act.
- Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act.
- State whether particular matters have come to my attention.
## **Basis of Independent examiner’s report**
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the church 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 you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
## **Independent examiner’s statement**
In the course of my examination, no matter has come to my attention;
- (1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met the requirements to ensure that:
- proper accounting records are kept( in accordance with section 130 of the 2011 Act
- accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act: or
- (2) to which , in my opinion , attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Chuks Ajuka BSc(Man), FICB PMDip FRESH FIRE ORGANISATION 95 Miles Road Mitcham Surrey CR4 3FH
**4**
## **LIVING JESUS TABERNACLE**
## **Statement of Financial Activities for the year ended 30th April 2023**
|**Income from**
Note
Donations and Legacie
**2**
Investment income
**3**
_Other Income_
Giftaid Tax
**Total**
**Expenditure**
**Expenditure on**
Charitable Activities
**5**
**Other**
**6**
**Total Resources**
**Expended**
**Net movement in funds**
**Reconciliation of Funds**
Total Funds brought forward
**Total Funds carried forward**|**Unrestricted**
**Total Funds**
**Funds**
**2023**
**2022**
**£**
**£**
41127
41127
33550
0
0
0
|**Unrestricted**
**Total Funds**
**Funds**
**2023**
**2022**
**£**
**£**
41127
41127
33550
0
0
0
|
|---|---|---|
||_________
**__________________**
41127
41127
0
0
|_________
33550
0
|
||___________________________
41127
41127
|_________
33550
|
||___________________________
42,798
42,798
610
610
___________________________
43,408
43,408
|_________
43049
610
_________
43659
|
||___________________________
**-2,281**
-2,281
138652
138652
**136,371**
136,371|_________
-10109
148761
138652|
The above funds are all classed as to purpose All movements of funds and all recognised gains and losses are included above.
The notes on the accounts form part of these accounts.
**5**
## **LIVING JESUS TABERNACLE Balance Sheet as at 30th April 2022**
||**Note**|**2023**|**2022**|
|---|---|---|---|
|**Fixed Assets**||**£**||
|Tangible fixed assets|**4**|57992|58949|
|||_________|_________|
|||57992|58949|
|||_________|_________|
|**Current Assets**||||
|Cash at bank and||71325|14496|
|in hand||||
|Debtors & prepayment|**9**|7664|65817|
|||78989|80313|
|**Creditors:amounts falling due within one year**||||
|Creditors & accruals|**8**|610|610|
|||_________|_________|
|**Net Current Assets**||78379|79703|
|||_________|_________|
|**Net Assets**||136371|138652|
|**Unrestricted Funds**||||
|General Fund||136371|138652|
|**TOTAL FUNDS**||136371|138652|
## For the year ended 30th April 2023 LIVING JESUS TABERNACLE was entitled
to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by board of directors on 6th September 2023.
And signed on their behalf by Rev Ernest Addo
_______________________
**6**
## **LIVING JESUS TABERNACLE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30[TH] APRIL 2023**
## **1.1 Basis of Accounting**
These accounts have been prepared under the historic cost convention with items Recognised at cost or transaction values otherwise stated in the relevant note(s) to These accounts. The accounts have been prepared in accordance with: The Statement of Recommended Practice: Accounting and Reporting by Charities Preparing their accounts in accordance with the Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014.
- 1.2 **Going Concern:** The accounts are prepared on a going concern basis.
1.3 The accounts present a true and fair view and no change have been made to the accounting policies adopted.
- 1.4 No changes to the accounting estimates have occurred in the reporting period
1.5 No material prior year error have been identified in the reporting period.
**7**
**LIVING JESUS TABERNACLE ACCOUNTING POLICIES**
## _Recognition of Income_
These are included in the Statement of Financial Activities (SOFA) when:
- The charity becomes entitled to resources;
- It is more likely than not that the trustees will receive the resources;
- The monetary value can be measured with sufficient reliability.
## _Grants and Donations_
Grants and Donations are only included in the SOFA when the general income recognition criteria are met (5.10 to 512 FRS102 SORP)
.
_Tax reclaim on donations and gifts_
Gift Aid receivable is included in the income when there is a valid declaration from the donor. Any gift aid amount recovered on a donation is considered to be part of that gift and is treated in addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
## **EXPENDITURE AND LIABILITIES**
## _Liability Recognition_
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
## _Grants and Support Costs_
Support costs have been allocated between the governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
## _Creditors_
The charity has creditors which are measured at settlement amounts less any trade discounts.
## **ASSETS**
## _Tangible Fixed Assets for use by the charity_
They are capitalised if they can be used for more than one year. They are valued at cost. The depreciation is calculated at 20% reducing balance method.
## _Debtors_
Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash.
.
**8**
## **LIVING JESUS TABERNACLE**
## **Notes to the accounts for year ended 30th April 2023**
## **3 Analysis of Income**
Unrestricted Total funds Donations Funds 2023 2022 Church collections £ £ £ Donations 41127 41127 33550
|Total
**3 Investment income**
Bank Interest|____________________________________
41127
41127
33550
**____________________________________**
Unrestricted
Total funds
Funds £
2023/£
2022/£
0
0
0|
|---|---|
|**4 Fixed Assets**
**Cost**
At 01/05/2022
Additions
At 30/04/2023
**Depreciation**
At 01/05/2022
charge for the year
At 30/04/2023
**NBV at 30/04/2023**
NBV at 01/05/2022|Land
Instrument Fix & Fitt
Equipment Total 2023
**£**
**£**
**£**
**£**
**£**
53611
1500
1071
12298
68480
0
0
0
138
138|
|---|---|
||53611
1500
1071
12436
68618
0
1248
668
7615
9531
0
50
81
964
1095|
||0
1298
749
8579
10626
53111
202
322
3857
57992
39111
252
403
4683
58949|
**9**
## **LIVING JESUS TABERNACLE Notes to the accounts for year ended 30th April 2023**
## **5 Charitable Activities**
|**Charitable Activities**|||
|---|---|---|
||2023/£|2022/£|
|Hall Rent|5313|4017|
|Pastoral Services|30000|30000|
|Advertising|40|246|
|Church Conferences|0|2966|
|Stationary|0|88|
|Training|149|490|
|Bank charges|5|10|
|Travel expenses|171|138|
|Professional fees|3775|1508|
|Hospitality|400|200|
|Media services|144|0|
|Admin|215|0|
|Supplies|89|0|
|Software|144|144|
|Insurance|243|0|
|Depreciation|1095|1333|
|Charity donation|0|0|
|Web hosting costs|422|0|
|Repairs & Renewals|0|0|
|Telephone|139|127|
|Welfare|0|1000|
|Events|250|311|
|Ministry expenses|204|471|
|**Total**|**42798**|**43049**|
|**6 Other**
Independent examination
Subscriptions
Total
**7 Staff Costs**
Pastoral services
Tax/Ni
Total|2023
2022
£
£
610
610|
|---|---|
||610
610
2023/£
2022/£
30000
30000
0
0|
||**30000**
30000|
Director Rev Ernest Addo received emoluments for providing pastoral services to the organisation of £30000.
## **8 Creditors: amounts falling due within one year**
2023/£ 2022/£ 610 610 2023/£ 2022/£ Tax recoverable 7664 65817
## **9 Debtors and Prepayments**
**10**