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← Jesus Touch Ministries, Heywood

2023-12-31-accounts

Registered charity number : 1168511

JESUS TOUCH MINISTRIES, HEYWOOD Reports of the Trustees for the year ended 31 December 2023

Administrative information:

Who we are Jesus Touch Ministries, Heywood is an independent pentecostal church. We believe that it is our mission to connect everyone together to experience Gods love and purpose through authentic Christian fellowship.

Our objective

Our objective to advance Christian faith for the benefit of all mankind is what drives all that we are and do.

Our commitment

Our commitment is to make our church an amazing, vibrant church where all ages can grow in faith and receive spiritual support. Our vision We want to introduce people to Christ and empower them grow to be more like Him and then reproduce the process in others . Membership of other Organisations: We are not alone, we are a member of the Evangelical Alliance UK, a bigger body of pentecostal churches and a unity movement of Christian organisations working together to make Jesus known. We are also registered with Action Together in Rochdale so as to tap resources and garner experience in formulating policies and developing procedures that will enable us to change more lives and influence our communities for Jesus. Leadership team Pastor Stephen Akosile – Pastor and Administrator Pastor Mrs Abimbola Akosile – Women Leader & Assistant Pastor Deaconess Bella Katusime – Church Treasurer Deaconess Janet Atayese- Children’s Church pastor Patrick Tierney – Outreach and Policy Leader

Address

First Floor (On top of Boots Pharmacy) 15-17 Market Street Heywood, Rochdale OL10 1HX

Board of Trustees

Mrs Abimbola F. Akosile- Chairperson Mrs Iyabode Olufunmilayo Balogun Reverend Henry O. Emmanuel Mrs Olabisi Amope Ketiku Mrs Bella Katusime- Secretary/Treasurer

Banker

Barclays Bank Plc 2 Church Street Heywood OL10 1LN

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Insurers

Ansvar Insurance Ansvar House, 31 St Leonards Road Eastbourne, East Sussex, BN21 3UR

Independent Examiner

Matthew Odu PRACTICAL ACCOUNTANTS The Mille 1000 Great West Road

Brentford, London

Middlesex

TW8 9DW

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JESUS TOUCH MINISTRIES, HEYWOOD

Reports of the Trustees continued

Our focus of service

We aim to provide the following in the highest quality: 1. We will make our church a place of worship and prayer to meet the spiritual, emotional and physical needs of our community.

  1. We will work towards peaceful coexistence and integration of different people and culture within our community.

  2. We will make our place accessible to all people with the aim of preparing them for responsible and leadership positions.

  3. We will provide charitable services to meet the needs of those who lack basic amenities of life.

Other recorded and successful activities of the year: 1.�Joint Baptism service held with the Upper Room Christian Fellowship Middleton during which six of our members were baptised

  1. Church Retreat- The weekend prayer retreat held in Liverpool town centre helped members bond together in unity and heralded a new flourishing.

3.�Monthly love feast.

4.�Youth evangelism programs

Objective and activities The strategic objectives of Jesus Touch Ministries Heywood are directly linked to its aims. ADVANCEMENT OF THE CHRISTIAN FAITH FOR THE PUBLIC BENEFIT. 1. To make Jesus known, and the power of faith in Him for the transformation of the community and mankind. 2. To prevent or relieve poverty based on scriptural principles and impartation of spiritual knowledge. 3. To work in cooperation with other local charities and authorities in ensuring peaceful coexistence and integration of all ethnic minorities within the community Achievement and performance Our main strategy for the year was to continue to position our church to increase capacity to advance the Christian faith and meet with the spiritual needs of our community. It is in this view that we prioritised prayer, worship and teachings in most of our meetings and gatherings. We believe that for our people to have the confidence to proclaim their faith courageously, they would need to know their identity and develop their spiritual intimacy with Christ. Invited Elders Kola and Titi Sodipo proved helpful in helping our leadership team bring stabilisation and reinvigoration to our cause.

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JESUS TOUCH MINISTRIES, HEYWOOD

Reports of the Trustees continued

Structure, governance and management

There was no changes in the composition of the board of Trustees during the year. The board of trustees sets the direction and policy framework for the Church. The board also put in place the process for reviewing, evaluating and implementing appropriate risk management framework.

Financial review

Total income during the year was £35,498 (2022: £32,951.1). The income increased by 8% compared to last year. The expenditure was £34,007(2022: £31,266.59). There is a 9% increase over that of last year. Overall, the Church has a reserve fund of £1,660.

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f) Going Concern

JESUS TOUCH MINISTRIES, HEYWOOD

Accounting Policies

a) Basis of accounting

The financial statements are prepared in accordance with the Charities Statement of Recommended Practice (SORP). The statement of financial activities (SOFA) is presented in columns for general fund and endowment capital, showing the net incoming resources, resources expended, and all other recognised gains and losses in the appropriate column.

The financial statements are also prepared in accordance with the historical cost convention. They comply with all applicable United Kingdom law and accounting standards.

b) Incoming resources

Donations, contributions and legacies are accounted for when entitlement has been confirmed, the amount can be measured accurately and receipt is certain.

c) Resources expended All resources expended are accounted for on an accrual basis. Any ensuing liabilities are recognised as soon as constructive obligation arises.

d) Funds

Unrestricted funds are funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the Charity.

Restricted funds are funds which are to be used in accordance with specific instructions imposed by donors or which have been raised by the trustees’ particular purpose. The cost of raising and administering such funds are charged against specific fund.

e) Depreciation

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. The Trustees have considered the impacts that the Covid-19 pandemic may have for the Charity and it is deemed that the Charity can meet its commitments and liabiities and can contiinue for the forseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Depreciation on fixed assets is charged so as to write off their full costs less estimated residual value over their expected useful lives at the following rates: Computer equipment, furniture & Others 25% straight line

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JESUS TOUCH MINISTRIES, HEYWOOD Statements of Financial Activities for the year ended 31 December 2023

Unrestricted Restricted
Total
Fund
Fund
2023
2022
Incoming resources
Notes
£
£
Voluntary incomes
1
35,498
0
35,498
32,951
Other income
0
0
0
Total incoming resources
35,498
0
35,498
32,951
Resources expended
Church activities
2
34,007
0
34,007
31,267
Fund raising
0
0
0
0
Total resources expended
34,007
0
34,007
31,267
Net incoming/(Outgoing) resources
before transfers
1,491
0
1,491
1,685
Gross transfers between funds
0
0
0
0
Net incoming/(Outgoing) resources after transfers
and before other recognised gain/loss
1,491
0
1,491
1,685
Gain/(loss) on revaluation and disposal of
investment assets
0
0
0
0
Net movement in funds
1,491
0
1,491
1,685
Total funds b/f at 01 January 2023
92
0
92
1,660
Total funds c/f at 31 December 2023
1,583
0
1,583
3,345
Draft		 Unrestricted Restricted
Total
Fund
Fund
2023
2022
Incoming resources
Notes
£
£
Voluntary incomes
1
35,498
0
35,498
32,951
Other income
0
0
0
Total incoming resources
35,498
0
35,498
32,951
Resources expended
Church activities
2
34,007
0
34,007
31,267
Fund raising
0
0
0
0
Total resources expended
34,007
0
34,007
31,267
Net incoming/(Outgoing) resources
before transfers
1,491
0
1,491
1,685
Gross transfers between funds
0
0
0
0
Net incoming/(Outgoing) resources after transfers
and before other recognised gain/loss
1,491
0
1,491
1,685
Gain/(loss) on revaluation and disposal of
investment assets
0
0
0
0
Net movement in funds
1,491
0
1,491
1,685
Total funds b/f at 01 January 2023
92
0
92
1,660
Total funds c/f at 31 December 2023
1,583
0
1,583
3,345
Draft
34,007
0
34,007
31,267
1,491
0
1,491
1,685
0
0
0
0
f
1,491
0
1,491
1,685
0
0
0
0
t
1,491
0
1,491
1,685
92
0
92
1,660
1,583
0
1,583
3,345
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JESUS TOUCH MINISTRIES, HEYWOOD Balance sheet at 31 December 2023

Notes
2023
2022
£
£
Fixed assets
Tangible assets
3
1,329
871
Current assets
Prepayment
0
0
Cash at bank and in hand
4,134
1,928
4,134
1,928
Creditors: amounts falling due within one year
4
-2,980
-500
Net current assets
1,154
1,428
Total assets less current liabilities
2,483
2,299
D		 Notes
2023
2022
£
£
Fixed assets
Tangible assets
3
1,329
871
Current assets
Prepayment
0
0
Cash at bank and in hand
4,134
1,928
4,134
1,928
Creditors: amounts falling due within one year
4
-2,980
-500
Net current assets
1,154
1,428
Total assets less current liabilities
2,483
2,299
D
2,483
2,299
Creditors: amounts falling due after more than one year
Ministers Allowances
(900)
0
Total Creditors: amounts falling due after more than one year
(900)
0
Net assets
1,583
2,299
Funds of the Charity
Charity fund
1,583
92
Total Funds carried forward
1,583
92
raft		 (900)
0
1,583
2,299
1,583
92
ft
1,583
92

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JESUS TOUCH MINISTRIES, HEYWOOD Notes to the Financial Statements for the year ended 31 December 2023

**Unrestricted ** Restricted Total
Fund Fund 2023 2022
1. Incoming resources £ £
Tithes 15,946.70 0.00 15,946.70 0.00
Offering 4,733.55 0.00 4,733.55 8,082.23
Bank Donation 4,881.00 0.00 4,881.00 17,277.37
Card Donation 4,454.88 0.00 4,454.88 0.00
Borrowings ( Loans ) 0.00 0.00 0.00 2,207.09
Gift Aid Repayment 5,481.68 0.00 5,481.68 5,384.41
35,497.81
0.00
35,497.81
2. Resources expended
Rent
4,002.68
0.00
4,002.68
Wages and allowance
12,000.00
0.00
12,000.00
Heating, water & lighting
1,059.75
0.00
1,059.75
Equipment, Fittings & Decoratio
1,173.14
0.00
1,173.14
Repairs and renewals
0.00
0.00
0.00
Training & subscription
323.33
0.00
323.33
Telephone and communication
709.40
0.00
709.40
Stationery/Admin expenses
2,735.30
0.00
2,735.30
Insurance
195.63
0.00
195.63
Hospitality/Welfare
4,151.27
0.00
4,151.27
Transport and travelling
610.89
0.00
610.89
Media & Advertisement
1,373.74
0.00
1,373.74
Accounting/professional fee
1,524.82
0.00
1,524.82
Financing and bank charges
0.00
0.00
0.00
Draft		 32,951.10
4,366.56
11,832.21
470.01
1,161.27
0.00
377.33
661.68
1,700.32
748.77
1,474.23
382.09
1,720.09
64.55
0.00
Depreciation 715.50 0.00 715.50 290.00
Donation to other charities 3,431.63 0.00 3,431.63 6,017.48
34,007.08 0.00 34,007.08 31,266.59

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JESUS TOUCH MINISTRIES, HEYWOOD Notes to the Financial Statements for the year ended 31 December 2023

Computer Equipment 3. Tangible fixed assets & Other Total Cost: £ £ At 01 January 2023 11,292 11,292 Addition 1,173 1,173 At 31 December 2023 12,465 12,465 Depreciation: At 01 January 2023 10,421 10,421 Addition 716 716 At 31 December 2023 11,137 11,137 Net book value: At 01 January 2023 871 At 31 December 2023 1,329

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JESUS TOUCH MINISTRIES, HEYWOOD Notes to the Financial Statements for the year ended 31 December 2023

4. Creditors: amount falling due within one year
Accounting services
Loan
Other Creditors
 2023
£
600
1,220
1,160
2,980
2023
£
92
0
1,491
1,583
ft
2022
£
500
2,207
0
2,707
5. Funds
Balance as 1 January 2023
Prior year adjustment
Surplus for the year - Unrestricted
ra		 2022
£
9,888
-11,481
1,685
92

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JESUS TOUCH MINISTRIES, HEYWOOD

Independent Examiner's Report to the trustees of Jesus Foundation Family International

I report on the accounts for the year 31 December, 2023 which are set out on pages 6 to 9.

Respective responsibilities of trustees and examiner

The Church's trustees are responsibilities for the preparation of the accounts. The church's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:

examine the accounts (under section 145 of the CharitiesAct), to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act, and to state whether particular matters have come to my attention. Basis of Independent Examiner’s Report My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also include consideration of any unusual items or disclosures in the accounts, and seeking explanations from trustees concerning any such matters. The procedures undertaken do not provide all the evidence that be required in an audit, and consequently no opinion is given as to whether the accounts presents a 'true and fair' view and the report is limited to those matters set out in the statement below. Independent Examiner’s statement In the course of my examination, no matter has come to my attention: 1. which give me reasonable cause to believe that in, any material respect, the requirements a. to keep accounting records in accordance with section 130 of the Charities Act; and b. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act; have not been met; or

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also include consideration of any unusual items or disclosures in the accounts, and seeking explanations from trustees concerning any such matters. The procedures undertaken do not provide all the evidence that be required in an audit, and consequently no opinion is given as to whether the accounts presents a 'true and fair' view and the report is limited to those matters set out in the statement below. Independent Examiner’s statement

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Matthew Odu

Practical Advice Consulting Limited 1000 Great West Road Brentford. TW8 9DW

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