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2024-04-30-accounts

6-. 4 LOVE PORTSMOUTH-JESUS ANNUAL REPORT 2023-2024 PORTSMOUTH JESUS

MISSION STATEMENT

Love Portsmouth-Jesus funds Christian initiatives in and around Portsmouth, helping the Church to communicate the love of God.

About Us

Love Portsmouth-Jesus is an independent Christian grant making charity, formed to specifically focus on Christian outreach projects in the Portsmouth area in 2019. A team of three trustees and an administrator began the charity. Following several pilot projects the charity commenced issuing grants in April 2019.

In April 2023 the trustees looked for a new cohort to take the charity forwards and three new trustees were appointed in June 2023. There was a delay in transferring the funds of the charity to the care of the new trustees but once a new bank account was established new grants were then issued.

The Charities values are based on Scripture and can be summed up through the following Christian virtues:

Faithfulness : We believe in operating the charity with integrity and fairness to all those applying for grants, across all Christian denominations and movements. We want to be faithful to God and honour all those who have donated in ensuring the funds are used entirely in line with the vision. We will honour all parties whose applications are not approved, providing honest feedback and, if appropriate, help on any future requests.

Hope : We believe the gospel of Jesus Christ offers all people the certainty of salvation and that Jesus is the hope of all the world. Our hope is that the charity can provide funding that will encourage greater unity across the churches, as Christians work together in the city of Portsmouth to help those in need.

Love : We have compassion for all people groups, especially those in need. Our heart is to serve the church and the local community, releasing funds to enable the love of Christ to be shared and known in Portsmouth and the surrounding area.

The three requirements for us to accept a request of funding are:

Grants Made in the Year 2023 to 2024.

Cornerstone Church - £125

Evangelistic Evening Event, ‘Where there are no words,’ 5[th] April 2023, where Christian singer/songwriter Michael J Tinker shares about grief, death and the hope that can be found in Jesus.

Portsmouth Pregnancy Options Centre - £2,500

Funding towards first year of Christan pregnancy crisis counselling service being set up in Portsmouth.

Portsmouth Prayer Breakfast - £1,000

The second City Prayer Breakfast, hosted by the Lord Mayor on 12th January 2024, bringing leaders of the council, key figures in the city and those of various faiths together around the name and principles of Jesus of Nazareth to pray for Portsmouth.

Portsmouth Mediation Service - £2,982

City of Peace - initiative to train up Christian Peacemakers with Restorative Skills who will work together to bring Gods ‘Peace and reconciliation’ to Portsmouth City and through this provision that people will discover the greatest Peacemaker of all - Jesus!

Portsmouth Street Pastors Schools Coordinator – £3,370

Funding to employ a Coordinator to help identify schools that would most benefit from School Pastors’ Christian presence and expand the initiative into those schools.

Financial Report

Financial Report
Funds held 01/05/23 £ 88,728
Income
Bank Interest £ 928
Expenses
Grants £ 9,977
Administration £ 195
Bank Charges £ 35
Total expenditure £ 10,207
Funds held 30/04/24 £ 79,449

Methods of Donating

Whilst promoting the Grant giving side of LP-J we can also spread the word and hopefully raise donations for the grant work to continue. It is planned for LP-J to visit and give a presentation, explaining how our charity works, and how people can help us. We have various procedures on how to donate on our website and leaflets: -

Changes to Trustees for 2023/24

We are immensely grateful for the work of the former trustees for setting up and managing this important work. Their work established the funds that are now available for the charity to disburse. The new trustees receive the grant applications from the charity administrator and then work together to decide on the success and level remuneration of the grant applications.

Current Trustees : Neil Smart, Stephen Dawson, Chris Cox

Charity Details

St Jude’s Church Kent Road Southsea PO5 3EL

Email: admin@lp-j.com Web: www.lp-j.com

Charity No: 1180752

Charity Name No (if any) Love Portsmouth - Jesus 1180752 Receipts and payments accounts CC16a For the period Period start date Period end date To from 5/1/2023 4/30/2024

Section A Receipts and payments

Section A Receipts and payments
A1 Receipts
-
-
-
-
-
-
-
-
-
Bank Interest
928
-
Sub total 928
Total receipts 928
A3 Payments
Grants
9,977
Consultancy
195
Bank Charges
35
Website
-
-
-
-
-
-
Sub total 10,207
-
-
Sub total -
Total payments 10,207
Net of receipts/(payments) - 9,279
A5 Transfers between funds
-
A6 Cash funds last year end
-
Cash funds this year end - 9,279
Unrestricted
funds
to the nearest £
Sub total(Gross income for AR)
A2 Asset and investment sales,
(see table).
A4 Asset and investment
purchases, (see table)
to the nearest £
Restricted
funds
to the nearest £
Endowment
funds
Total funds
to the nearest £
Last year
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
928
-
928
-
-
-
- - 928 -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
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-
9,977
195
35
-
-
-
-
-
-
10,207
52,393
687
-
454
-
-
-
-
-
53,534
-
-
-
-
-
-
-
-
-
-
- - 10,207 53,534
-
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-
-
-
-
-
-
- 9,279
-
-
- 9,279
- 53,534
-
-
- 53,534

Section B Statement of assets and liabilities at the end of the period

Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B5 Liabilities
B4 Assets retained for the
charity’s own use
Signed by one or two trustees on
behalf of all the trustees
Details
Cash in Bank
Details
Details
Details
Details
Signature
Total cash funds
(agree balances with receipts and payments
account(s))
to nearest £
to nearest £
79,449
-
-
-
-
-
79,449
-
Agreement Error
OK
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Cost (optional)
-
-
-
-
-
Cost (optional)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Print Name
Unrestricted
funds
Restricted
funds
Unrestricted
funds
Restricted
funds
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
Amount due
(optional)
to nearest £
Endowment
funds
-
-
-
-
OK
to nearest £
Endowment
funds
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval