REGISTERED COMPANY NUMBER: 10115103 (England and Wales) REGISTERED CHARITY NUMBER: 1171515
Report of the Trustees and
Financial Statements for the Year Ended 30 April 2024
for
HEALING JESUS CRUSADE (A COMPANY LIMITED BY GUARANTEE)
Richard Samson
21 Coldharbour Lane London SE5 9NR
HEALING JESUS CRUSADE
Contents of the Financial Statements for the Year Ended 30 April 2024
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 to 7 |
| Cash Flow Statement | 8 |
| Notes to the Cash Flow Statement | 9 |
| Notes to the Financial Statements | 10 to 14 |
| Detailed Statement of Financial Activities | 15 |
HEALING JESUS CRUSADE
Report of the Trustees for the Year Ended 30 April 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 April 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objects of the charity are to advance the Christian Faith for the benefit of the public through evangelistic activities worldwide in such ways that are exclusively charitable according to English Law.
Significant activities
During the reporting period, the charity made a significant contribution to the cost of providing infrastructure, equipment and materials that will facilitate the provision of evangelical crusades in Africa. Grants totalling £689,223 were made to advance the Christian Faith throughout West Africa.
FINANCIAL REVIEW
Financial position
The trustees are satisfied with the financial position of the charity at 30 April 2024.
The charity does not analyse its funds into different classes or categories. All the funds are maintained in a single general fund.
Principal funding sources
The charity is maintained and operated by means of contributions from members, private individuals, organisations or associations that share the objectives and aspirations of the charity. All donations and contributions are non-refundable and shall be disbursed as the trustees see fit.
The trustees are grateful to all of those who have given to the charity.
FUTURE PLANS
The trustees remain grateful for the continued support of the charity's donors, who through their commitment to giving are enabling the advancement of the Christian Faith worldwide.
The trustees undertake to proceed in the charity's best interests and pursue its charitable objectives.
The trustees are committed to fulfilling their mission to ensure that forthcoming crusades and other evangelical activities will have a significant and positive impact on all who are touched by the Gospel of our Lord.
In the opinion of the trustees:
Adequate assets are available to fulfil the obligations of the charity, having regard to any likely delays or shortfalls in realising assets into cash.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The governing document of the charity is the Memorandum and Articles of Association of the company, limited by guarantee 'Healing Jesus Crusade'.
Page 1
HEALING JESUS CRUSADE
Report of the Trustees for the Year Ended 30 April 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Recruitment and appointment of new trustees
Trustees are appointed or removed at the Annual General Meeting.
Organisational structure
The charity is managed and controlled by the trustees, who are also members of the charity as described in the governing document. Trustees are also directors of the company limited by guarantee.
Trustees, in addition to meetings to consider grant applications and other pressing matters, meet at least twice a year to make management and policy decisions.
Related parties
The trustees are of the opinion that no related party transactions took place during the period under review.
Risk management
The trustees recognise that they have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The trustees continue to work closely with the charity accountants and bankers to ensure that the charity is well run and managed; they have implemented a more rigorous grant application process as part of an enhanced approach to risk management.
The trustees are pleased with the organisation and management of the charity to date and remain actively engaged in developing an increasingly robust system of financial controls.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
10115103 (England and Wales)
Registered Charity number
1171515
Registered office
Unit 51 17 Holywell Hill St. Albans AL1 1DT
Trustees
Ms V Gati Support Worker Ms E Totimeh Nurse Mr D Asomah Company Director
Company Secretary
Mrs C Phillippa
Page 2
HEALING JESUS CRUSADE
Report of the Trustees for the Year Ended 30 April 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Richard Samson Chartered Accountant Richard Samson 21 Coldharbour Lane London SE5 9NR
Approved by order of the board of trustees on 15 January 2025 and signed on its behalf by:
Ms V Gati - Trustee
Page 3
Independent Examiner's Report to the Trustees of Healing Jesus Crusade
Independent examiner's report to the trustees of Healing Jesus Crusade ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Richard Samson Chartered Accountant The Institute of Chartered Accountants in England and Wales
Richard Samson
15 January 2025
Page 4
HEALING JESUS CRUSADE
Statement of Financial Activities for the Year Ended 30 April 2024
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2 Investment income 3 Total EXPENDITURE ON Raising funds 4 Charitable activities 5 The Lighthouse Chapel Support Congo Outreach Anagkazo Bible and Ministry Training Healing Jesus Campaign Qodesh Family Church The Lighthouse Chapel International Other Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2024 Unrestricted fund £ 425,829 1 425,830 - - - 158,645 205,333 225,245 100,000 11,004 700,227 (274,397) 1,225,981 951,584 |
2023 Total funds £ 354,681 368 |
|---|---|---|
| 355,049 | ||
| 40 83,278 44,037 - - - - 11,740 |
||
| 139,095 | ||
| 215,954 1,010,027 |
||
| 1,225,981 |
The notes form part of these financial statements
Page 5
HEALING JESUS CRUSADE
Balance Sheet 30 April 2024
| Notes CURRENT ASSETS Cash at bank and in hand CREDITORS Amounts falling due within one year 9 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 10 Unrestricted funds TOTAL FUNDS |
2024 Unrestricted fund £ 956,599 (5,015) 951,584 951,584 951,584 951,584 951,584 |
2023 Total funds £ 1,230,981 (5,000) 1,225,981 1,225,981 1,225,981 1,225,981 1,225,981 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 6
continued...
HEALING JESUS CRUSADE
Balance Sheet - continued 30 April 2024
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 15 January 2025 and were signed on its behalf by:
Ms V Gati - Trustee
The notes form part of these financial statements
Page 7
HEALING JESUS CRUSADE
Cash Flow Statement for the Year Ended 30 April 2024
| Notes Cash flows from operating activities Cash generated from operations 1 Net cash (used in)/provided by operating activities Cash flows from investing activities Interest received Net cash provided by investing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
2024 £ (274,383) (274,383) 1 1 (274,382) 1,230,981 956,599 |
2023 £ 214,586 |
|---|---|---|
| 214,586 | ||
| 368 | ||
| 368 | ||
| 214,954 1,016,027 |
||
| 1,230,981 |
The notes form part of these financial statements
Page 8
HEALING JESUS CRUSADE
Notes to the Cash Flow Statement for the Year Ended 30 April 2024
1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
| OPERATING ACTIVITIES | ||
|---|---|---|
| Net (expenditure)/income for the reporting period (as per the Statement of Financial Activities) Adjustments for: Interest received Increase/(decrease) in creditors Net cash (used in)/provided by operations |
2024 £ (274,397) (1) 15 (274,383) |
2023 £ 215,954 (368) (1,000) |
| 214,586 |
2. ANALYSIS OF CHANGES IN NET FUNDS
| Net cash Cash at bank and in hand Total |
At 1.5.23 £ 1,230,981 1,230,981 1,230,981 |
Cash flow £ (274,382) (274,382) (274,382) |
At 30.4.24 £ 956,599 |
|---|---|---|---|
| 956,599 | |||
| 956,599 |
The notes form part of these financial statements
Page 9
HEALING JESUS CRUSADE
Notes to the Financial Statements for the Year Ended 30 April 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
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HEALING JESUS CRUSADE
Notes to the Financial Statements - continued for the Year Ended 30 April 2024
| 2. DONATIONS AND LEGACIES Donations 3. INVESTMENT INCOME Deposit account interest 4. RAISING FUNDS Raising donations and legacies Postage and stationery 5. CHARITABLE ACTIVITIES COSTS Anagkazo Bible and Ministry Training Healing Jesus Campaign Qodesh Family Church The Lighthouse Chapel International |
2024 2023 £ £ 425,829 354,681 2024 2023 £ £ 1 368 2024 2023 £ £ - 40 Grant funding of activities (see note 6) £ 158,645 205,333 225,245 100,000 689,223 |
|---|---|
continued...
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HEALING JESUS CRUSADE
Notes to the Financial Statements - continued for the Year Ended 30 April 2024
6. GRANTS PAYABLE
| GRANTS PAYABLE | ||
|---|---|---|
| The Lighthouse Chapel Support Congo Outreach Anagkazo Bible and Ministry Training Healing Jesus Campaign Qodesh Family Church The Lighthouse Chapel International |
2024 £ - - 158,645 205,333 225,245 100,000 689,223 |
2023 £ 83,278 44,037 - - - - |
| 127,315 |
7. SUPPORT COSTS
| SUPPORT COSTS | ||||
|---|---|---|---|---|
| Governance | ||||
| Finance | Other | costs | Totals | |
| £ | £ | £ | £ | |
| Other resources expended | 379 | 625 | 10,000 | 11,004 |
8. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 April 2024 nor for the year ended 30 April 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 April 2024 nor for the year ended 30 April 2023.
continued...
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HEALING JESUS CRUSADE
Notes to the Financial Statements - continued for the Year Ended 30 April 2024
9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Other creditors Accrued expenses 10. MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund TOTAL FUNDS |
At 1.5.23 £ 1,225,981 1,225,981 Incoming resources £ 425,830 425,830 At 1.5.22 £ 1,010,027 1,010,027 |
2024 £ 15 5,000 5,015 Net movement in funds £ (274,397) (274,397) Resources expended £ (700,227) (700,227) Net movement in funds £ 215,954 215,954 |
2023 £ - 5,000 5,000 At 30.4.24 £ 951,584 951,584 Movement in funds £ (274,397) (274,397) At 30.4.23 £ 1,225,981 1,225,981 |
|
|---|---|---|---|---|
continued...
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HEALING JESUS CRUSADE
Notes to the Financial Statements - continued for the Year Ended 30 April 2024
10. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 355,049 355,049 |
Resources Movement expended in funds £ £ (139,095) 215,954 (139,095) 215,954 |
|---|---|---|
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 April 2024.
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HEALING JESUS CRUSADE
Detailed Statement of Financial Activities for the Year Ended 30 April 2024
| INCOME AND ENDOWMENTS Donations and legacies Donations Investment income Deposit account interest Total incoming resources EXPENDITURE Raising donations and legacies Postage and stationery Charitable activities Grants to institutions Support costs Finance Bank charges Other Sundries Governance costs Accountancy and legal fees Total resources expended Net (expenditure)/income |
2024 £ 425,829 1 425,830 - 689,223 379 625 10,000 700,227 (274,397) |
2023 £ 354,681 368 |
|---|---|---|
| 355,049 40 127,315 240 - 11,500 |
||
| 139,095 | ||
| 215,954 |
This page does not form part of the statutory financial statements
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