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2023-09-30-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 Johnny Liu 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 has 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

A full-service schedule between 11:30am and 3:30pm continued from Q4 2023 to end the financial in Q3 2024. In addition to the Summer and Autumn Spiritual Convocations, there were 9 pastoral visits throughout the year.

Pastoral Care

Our volunteers routinely organised family visits to members that were not able to attend church service or those who requested visitation. In addition, church members organised additional visits on the Sundays and weekdays when the UKGA preachers visited. Members also provided meals and fellowships on Saturday evenings for youths. We maintained regular Religious Education classes on Saturdays and online midweek. We held weekly Friday evening fellowships.

Mission and Evangelism

Evangelical events were held regularly in 2023-2024, with 30 truth seekers coming into contact with church members and joining services or evangelical fellowships.

Financial Review

Total receipts on unrestricted fund were £4771. Restricted donations received were £33862 and are detailed in the Financial Statements. Income from Gift Aid was £6614. £10320 was spent in the financial year.

The net result of the year was a surplus of receipts over payments of £28313. Adding bank and deposit balances brought forward at the beginning of the year, the balance carried forward at 1[st] October 2022 on unrestricted funds and restricted funds totaled £170455.

We thank the church volunteers for providing 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 addition, weekly food and drink and transport costs were met by volunteers to such an extent that the expenditure of the church was kept to a minimum.

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 the congregation, subjected to conditions in the By-Law, can 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 2023 until the date of this report was approved were:

Chunzhen Chin (Chairperson) K-Young Pang Vincent Yeung

Approved by the Trustees on 23 June 2024 and signed on their behalf by Chunzhen Chin (TJCC Chairperson)

Financial Statements For the Year ended 30 September 2023

Unre-
stricted
Funds
Re-
stricted
Funds
Total
2023
2022
£ £ £ £
RECEIPTS AND PAYMENT ACCOUNT
Receipts
Planned giving 2271 30902 33173 26417
Collections (offering box) 2845 2275 5120 7194
Income tax recovered 6614 6614 6157
Investment Income 768 768 26
Total 5116 40559 45675 40154
Payments
Church activities
School Rental 630 630 480
Internet 344 344 302
Electricity 327 327 616
Building work 6485 6485 11708
Building Insurance 672 672 607
UKGA contribution 1542 1542
Misc 321 321 317
Subtotal 3164 7157 10320 14561
Excess of Receipts Over Payments 1952 33403 35355 25593
Bank current and deposit accounts 1st Oct 170455 142274
Bank current and deposit accounts 30th Sep 206730 170455
Statement of Assets and Liabilities
Cash Funds
Bank current account 65962 65962 30455
Deposit account 140768 140768 140000
Cash
Total 65962 140768 206730 170455
Other Monetary Assets
Income tax recoverable 6614 6614 6517
Fixed Assets 250000 250000
Liabilities - UKGA contribution 1542 1542 531
Loan 50000 50000
Total Assets 411802 376441

Approved by the Trustee on 23 June 2024 and signed on their behalf by Chunzhen Chin (TJCC Chairman) and K-Young Pang (TJCC Financial Officer)

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 the 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 2023 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

Carina Hui Chun Liew 30.06.2024