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2024-09-30-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 3:45pm continued from Q4 2024 to end the financial year in Q3 2025. In addition to the Summer and Autumn Spiritual Convocations, there were ten 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, and organised lunch fellowships for Religious Education students. We held weekly Friday evening online fellowships.

Mission and Evangelism

Evangelical events were held regularly in 2024-2025, with 20 truth seekers coming into contact with church members and joining services or evangelical fellowships.

Financial Review

Total receipts on unrestricted fund were £4,684.00. Restricted offerings received were £43,044 and are detailed in the Financial Statements. Income from Gift Aid was £6,678.88. A total of £31,831.29 was spent in the financial year.

The net result of the year was a surplus of receipts over payments of £24,732.64. Adding bank and deposit balances brought forward at the beginning of the year, the balance carried forward on 1[st] October 2024 on unrestricted funds and restricted funds totaled £231,807.42.

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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-Laws. All members of the congregation, subjected to conditions in the By-Laws, 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 20 July 2025 and signed on their behalf by Chunzhen Chin (TJCC Chairperson)

20 July 2025

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Financial Statements for the Year ended 30 September 2024

Unrestricted Restricted Total 2024 Total 2023
Funds Funds
£ £ £ £
RECEIPTS AND PAYMENT ACCOUNT
Receipts
Offerings 2,824.00 39,524.00 42,348.00 33,173.01
Collections (offering box) 1,860.00 3,520.00 5,380.00 5,120.00
Income tax recovered 6,678.88 6,678.88 6,614.25
Investment Income £2,157.05 2,157.05 768.00
Total 4,684.00 51,879.93 56,563.93 45,675.26
Payments
Church activities
School Rental 1,420.00 1,420.00 630.00
Internet 324.18 324.18 343.86
Repairs & Renewal 143.88 143.88
Electricity 748.17 748.17 327.34
Building work 24,536.00 24,536.00 6,484.83
Building Insurance 689.97 689.97 671.75
UKGA contribution 1,541.89 1,541.89 1,541.89
Renovations/Improvements 252.53 252.53
Equipment 1,294.60 1,294.60
Misc 743.83 136.24 880.07 320.67
Subtotal 6,469.08 25,362.21 31,831.29 10,320.34
Excess of Receipts Over Payments -1,785.08 26,517.72 24,732.64 35,354.92
Bank current and deposit accounts 1st 206,729.78 170,454.91
October 2023
Bank current and deposit accounts 30th 231,807.42 206,729.78
September 2024

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Statement of Assets and Liabilities

Statement of Assets and Liabilities
Cash Funds
Bank current account 88,882.29 88,882.29 65,961.70
Deposit account 142,925.13 142,925.13 140,768.08
Cash
Total 88,882.29 142,925.13 231,807.42 206,729.78
Other Monetary Assets
Income tax recoverable 125.00 7,354.75 7,479.75 6,614.25
Church Land & Building - Held at Cost 250,000.00 250,000.00
Liabilities - UKGA contribution 1,442.70 1,442.70 1,541.89
Loan 50,000.00 50,000.00

Approved by the Trustee on 20 July 2025 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 the acquisition of church building, which can only be spent for that purpose.

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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 2024 which are set out on pages 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 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

20 July 2025

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