2021-12-31-accounts

JORDAN RESTORATION MINISTRY

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31[ST] DECEMBER 2021

CHARITY NUMBER: 1165773

JORDAN RESTORATION MINISTRY 86B STAFFORD ROAD WALLINGTON SURREY SM6 9AY

INDEX Page Index 1 Trustee’s Report 2 – 3 Independent Examiner’s Statement 4 Receipts and Payments Account 5 Statement of Assets and Liabilities 6 Notes on the financial Statements 7

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JORDAN RESTORATION MINISTRY

TRUSTEES’ REPORT YEAR ENDED 31[ST] DECEMBER 2021

The trustees are pleased to present their report for the year ended 31[st] December 2021 for the charity, Jordan Restoration Ministry with charity number 1165773.

The Trustees of the charity are: Mr Alfred Topeng Ms Margaret Tawiah Ms Tigest Asgedom Mr George Amarkwei

The principal address of the charity is : 86B Stafford Road Wallington Surrey SM6 9AY

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity governing document is a CIO – Foundation Constitution registered 26[th] February 2016.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 Organisation continues to hold successful worship services through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith. The organisation held several conferences during the year in which individuals came from all around the community to attend. This has produced good results in reaching and helping members of the community. The organisation is back to holding in person services at a newly acquired hired hall in the area.

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FINANCIAL REVIEW

The income of the charity is above £40,000. This is a fair 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. The main cost of the organisation was paying for the rent of its building that it uses for church office rent.

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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 21[st] September 2022 and signed on their behalf by:

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Independent Examiner’s Report To the Trustees JORDAN RESTORATION MINISTRY

I report on the accounts of the church for the year ended 31[st ] December 2021 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 BUSINESS SERVICES Generator Business Centre Unit 5 95 Miles Road Mitcham Surrey CR4 3FH

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JORDAN RESTORATION MINISTRY

ACCOUNTS FOR THE YEAR ENDED 31st December 2021

1 Receipts & Payments Account (General Purpose Fund)

Income Receipts Tithes and Offerings Gift Aid Total Receipts Direct Charitable Expenditure Light & Heat Web Hosting charges Office Rent Hire of Hall PAYE Accounting services Insurance Transport Rates Welfare Vehicle expenses Repairs Church Events Pastors Wages Telephone Other Expenditure Equipment Fixtures & Fittings Mission Total Payments Net Receipts/(Payments) for the year Cash Funds brought forward Loan repayment Cash Funds at the end of the year	£/ 2021 £/2020 40168 43873 3359
	40168 47232
	0 158 0 71 12216 10000 4200 1600 2997 0 917 730 988 206 277 271 1252 942 2800 1360 0 1050 450 0 1800 0 18000 14600 586 544
	46483 31532 0 0 0 0 1000 1000
	1000 1000 47483 32532 -7315 14700 59113 52913 0 -8500
	51798 59113

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JORDAN RESTORATION MINISTRY

**2 **	Statements of Assets and Liabilities at 31st December 2021	Statements of Assets and Liabilities at 31st December 2021	Statements of Assets and Liabilities at 31st December 2021
	Monetary Assets
	Cash Funds	Unrestricted Funds
		£/2021	£/2020
		£
	Cash at hand and in bank	51798	59113
	Total Cash Funds	51798	59113
	Assets Retained for the
	Charity's Own use
	Non-monetary Assets and Liabilities
	Musical Instruments	189	236
	Equipments	614	767
	Fixtures & Fittings	602	753
	Vehicle	1905	2381
		3310	4137
	Liabilities
	Bookkeeping	299	290
	NET ASSETS	54809	62960

These accounts were approved by the trustees and signed on their behalf by: George Amarkwei

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JORDAN RESTORATION MINISTRY

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31st December 2021

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 no any debts secured on the asstes 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.

FIXED ASSETS

Cost	Equipment	Instrument Fix& Fitts	Instrument Fix& Fitts	Vehicle	Total
01/01/2020	1996	610	1959	3720		8285
Additions						0
31/12/2020	1996	610	1959	3720		8285
Depreciation
01/01/2020	1229	374	1206	1339		2809
Charge fory	153	47	151	476		827
31/12/2020	1382	421	1357	1815		4975
NBV
31/12/2020	614	189	602	1905		3310
01/01/2020	767	236	753	2381		4137

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