2021-12-31-accounts

JESUS FAMILY CHAPEL INTL

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31[st ] December 2021

CHARITY NUMBER: 1171926

JESUS FAMILY CHAPEL INTL 369 HIGH STREET TUNSTALL STOKE ON TRENT ST6 5EN

INDEX Index Trustee’s Report Receipts and Payments Account Statement of Assets and Liabilities Notes on the fnancial Statements	Page
	1 2 - 3 4 5 6

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JESUS FAMILY CHAPEL INTL

TRUSTEES’ REPORT YEAR ENDED 31[st] DECEMBER 2021

The trustees are pleased to present their report for the year ended 31[ST] December 2021 for the charity, Jesus Family Chapel Intl with charity number 1171926.

The Trustees of the Pastor Joseph charity are: William Mr Kwame Adusah Mr Eric Dwumfour

The principal address of the charity is: 369 High Street Tunstall Stoke on Trent ST6 5EN

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity governing document is a CIO – Foundation Constitution registered 7[TH] March 2017. The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position.

OBJECTIVES AND ACTIVITIES

The Objects of the organisation are first to advance the Christian faith in accordance with the statement of beliefs for the benefit in the United Kingdom and in such other parts of the world as the trustees may think fit from time to time. The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake.

ACHIEVMENTS AND PERFORMANCE

The Organisation held successful meetings through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith. The organisation held several conferences during the year in which individuals came from all around the community to attend. This has produced good results in reaching and helping members of the community. The organisation also airs its sermons on the Faith Christian television that airs all over the country.

FINANCIAL REVIEW

The income of the charity is above £11792. Though this is a small amount for the year the costs have been well managed over this period. The organisation is still in a good position to manage its costs. The main cost of the organisation was paying for the rent of its building that it uses for worship services and church office rent as well as purchase food items and blanket for rough sleepers and homeless in its environment

PLANS FOR THE FUTURE

The church intends to continue to host its regular television programmes on Faith TV. The intended re-appointment of our present independent examiner at the upcoming trustee meeting is expected to support the financial operations by making it more effective.

RESERVE POLICY

It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure .This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year.

RISK MANAGEMENT

The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.

TRUSTEE RESPONSIBILITIES

Under the Charities Act 2011,the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to:

1. Select suitable accounting policies and apply them consistently.

2. Make judgements and estimates that are reasonable and prudent.

3. State whether the applicable accounting standards have been followed.

4. Prepare financial statements on an ongoing basis.

They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.

Approved by the Trustees on 1[st] April 2021 and signed on their behalf by:

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JESUS FAMILY CHAPEL INTL

ACCOUNTS FOR THE YEAR ENDED 31st December 2021

1	Receipts & Payments Account (General Purpose	Receipts & Payments Account (General Purpose	Receipts & Payments Account (General Purpose
	Fund) Income Receipts	£/2021
	£/2020
	Tithes and Oferings	£1805		0
	Interest
	National Lottery Fund Grant	£	9987		£9160
	Total Receipts	11792		9160
	Direct Charitable Expenditure
	Hall Rent	2775	2775
	Welfare	7987	2745
	Stationary & Bibles	0		0
	Advert	320		320
	Mission	0		0
	Admin	300		500
	Professional fees	600		740
	Transport	130		200
	Travel	0		0
	Repairs	0		308
	Security	115		600
	Telephone & Internet	100		300
	Charity donations	137		390
		12464	8878
	Other Expenditure
	Equipment	45		45
	Instruments	0		0
	Fixtures	150		635
		195		680
	Total Payments	12659		955
				8
	Net Receipts/(Payments) for the	-867	-398
	year
	Cash Funds brought forward	895		129
				3
	Cash Funds at the end of the year	28		895

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JESUS FAMILY CHAPEL INTL

2	Statements of Assets and Liabilities at 31st	Statements of Assets and Liabilities at 31st
	December 2021 Monetary Assets
	Cash Funds	Unrestricted Funds
		£/2021	£/2020
	Cash at hand and in bank	28	895
	Total Cash Funds	28	895
	Assets Retained for
	the Charity's Own
	use
	Non-monetary Assets and	463	463
	Liabilities
	Musical Instruments
	Equipments	356	356
	Fixtures & Fittings	1250	125
			0
		2069	2069
	Liabilities
	Bookkeeping	120	120

These accounts were approved by the trustees and signed on their behalf by: Pastor Joseph William

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JESUS FAMILY CHAPEL INTL

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31st December 2021

ACCOUNTING POLICIES

Basis of Accounting

These accounts have been prepared on the receipts and payments basis with all revenue and expenses shown on a cash basis. Non-monetary assets are shown at estimates of the value at the end of the year.

Funds

The CIO has a general unrestricted fund that receives voluntary donations from attendants at the services.

The CIO has no outstanding guarantees to third parties no any debts secured on the asstes of the CIO

Public Benefit

The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or aims that are for public benefit.Details of how this is achieved are provided in the Trustees report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.

Depreciation

Depreciation is calculated at 20 % reducing balance method.

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