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2021-09-30-accounts

True Jesus Church Cambridge (TJCC)

Aim and purposes

The TJCC has the responsibility of co-operating with the UKGA and UKGA assigned preachers, Preacher Steven Shek and Raymond Leacock in promoting the whole mission of the church.

Objectives and Activities

The Objectives of the charity are to advance the Christian faith for the benefit of the public in accordance with the statement of faith.

When planning our activities for the year, the TJCC have considered the Commission’s guidance on public interest and, in particular, the specific guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our church community through:

Achievements and Performance

Worship and Prayer

Limited Sabbath services resumed in Q4 2020 due to continual impact of the pandemic. The morning session, lunch and second service were all cancelled and our congregation only gathered at the main service at 12:30pm. Morning session between 11:30 and 12:30 resumed in Q3 2021 and by Q4 2021 a full-service schedule between 11:30 to 15:30 was followed. There was no pastor visit by the UKGA preacher in the financial year 2020-2021. However, pastoral visits resumed from October 2021.

Pastoral Care

Our volunteers routinely organised family visits to members that were not able to attend church service. In addition, our church organised additional visits on the Sundays when the UKGA preacher visited. We maintained regular Religious Education classes on Saturdays. During the Covid pandemic services were held online on Sabbath and weekly bible study and monthly fellowship were held online on Sunday. Religious Education classes were held online either on Saturday or Sunday.

Mission and Evangelism

An Evangelical event was held in October 2020 when Covid pandemic was relaxed.

Financial Review

Total receipts on unrestricted fund were £1685. Restricted donations received were £50896 and are detailed in the Financial Statements. Income from Gift Aid was £9080. £14860 was spent in the financial year including £13000 loan repayments.

The net result of the year was a surplus of receipts over payments of £33736. Adding bank and deposit balances brought forward at the beginning of the year, the balance carried forward at 1[st] October 2021 on unrestricted funds and restricted funds totalled £133700.

We thank the church volunteers to provide their homes for our routine and ad hoc services. We are grateful for the generosity of individual members and UK churches for their offerings and loans. In additions weekly food and drink and transport costs were met by volunteers to such an extent the expenditure of the church was kept to a minimal.

Structure, governance and management

The method of appointment of TJCC Trustees is set out in the TJC UK General Assembly By-Law. All members of congregation, subjected to conditions in the By-Law, could stand for election to become TJCC Trustees.

The Trustees are responsible for making decisions on all matters of general concern including deciding on how the funds of TJCC are to be spent. Important matters require the approval from more than 66% of the membership via vote at General Meetings.

Administrative information

Address

The TJCC is situated in Park Street, Dry Drayton, Cambridge CB23 8DA. TJC Cambridge is a charity regulated by the Charity Commission.

The TJCC Trustees who have served from 1[st] January 2020 until the date of this report was approved were:

Vincent Yeung (Religious Affairs and Chairman) Wing Hing Chan K-Young Pang Eirene Yeung

Approved by the Trustee on 22 May 2021 and signed on their behalf by Vincent Yeung (TJCC Chairman)

Financial Statements For the Year ended 30 September 2021

Unrestricted Restricted
Funds Funds Total 2021 2020
£ £ £ £
RECEIPTS AND PAYMENT ACCOUNT
Receipts
Planned giving 36318 36318 31028
Collections (offering box) 1685 5423 7108 6936
Income tax recovered 0 9080 9080 7932
Investment Income 75 75 163
Loan
Total 1685 50896 52581 46059
Payments
Church activities
School Rental 220 220 840
Internet 292 292 168
Electricity 212 212 721
Building work 1288 1288 3018
Building Insurance 572 572 565
UKGA contribution 506 506 871
Fixed Asset 155
Misc 604 604
IA 2150 2150
Repayment 13000 13000 2000
Subtotal 3985 14860 18845 8388
Excess of Receipts Over Payments -2300 36036 33736 37671
Bank current and deposit accounts 1st Oct 110081 51381
Bank current and deposit accounts 30th Sep 142274 110081
Statement of Assets and Liabilities
Cash Funds
Bank current account 59784 59784 30081
Deposit account 80075 80075 80000
Cash 2415 2415
Total 62199 80075 142274 110081
Other Monetary Assets
Income tax recoverable 0 9080 9080 7902
Fixed Assets 250000 250000
Liabilities - UKGA contribution 506 505.5 871
Loan 50000 63000
Total Assets 350848 304112

Approved by the Trustee on 22 May 2022 and signed on their behalf by Vincent Yeung (TJCC Chairman) and Eirene Yeung (TJCC Financial Officer) Carina Liew

Notes:

  1. The financial statements of the TJCC have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipt and Payment basis

  2. The movements in designated and restricted funding during the year were:

The Building fund represents accumulated donations for acquisition and maintenance of church building, which can only be spent for that purpose.

Independent Examiner’s Report to the trustee/members of the TJC Cambridge

Church Board

I report on the accounts for the year ended 30[th] September 2020 which are set out on page 3 to 4.

Respective responsibilities of trustees and examiner

The charity’s trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the Act)) and that an independent examination is needed. It is my responsibility to:

Examine the account (under section 43 of the Act),

To follow the procedures laid down in the Generation Directions given by the Charity Commission (under section 43(7)(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 includes consideration of an 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 no opinion is given as to whether the accounts present 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 gives me reasonable cause to believe that in, any material respect, the requirements:

To keep accounting records in accordance with section 41 of the Acts; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Acts; have not met; or

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