JOY CHRISTIAN CENTRE INTERNATIONAL (REGISTERED CHAIUTY NUMBER-1181970) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEARENDED 31 MARCH 2024
JOY CHIUSTIAN CEKfRE INTERNATIONAL Reports and Accounts Contents Page TnteeS Annual Report Independent Examlner's report Statement of FlnancSal ActiVIe$ Balance Sheet Note$ to the Account5 9-11
IOY CHRISTIAN CENTRE INTERNATIONAL Trustees Annual Report For The Year Ended 31 March 2024 Rev jerome Bortey Mensah Naomi Narterkl Tetteh SlbonBlle BeD¢dlrta LanKa Nomakhaya Cleopatrg NdlTh15a Slbongile Benedlcts 94 Leslle Road London E114HG 1181970 Trlnlty Ac¢ Llmlted Chartered Certlfied Accountsnt 319 Welbeck Road London SMS ILN Barclays Bank plc S43 Norwood Road West Norwood London SE27 9DW
JOY CHRISTIAN CENTRE INTERNATIONAL The rrustees presentthelr reportand accounts for the year ended 31 March 2024 The Trustees have adopted the provisions of the Statement of Recommended Prartice (SORP) "Accounting and Reporting by Charities (Revised 2005) In preparing the annual report and financial statements ofthe charity. Oblecdve of the charlty as lald down by the Trust Deed The Core objects ofthe charlty continue to be.. To establlsh churches, mlnlstrles and advance the evangelical chrfstian faith worldwlde To organise prayer meetings, bible studles. healSng 5ervlces, conventlons. conferences, prophetSc serv6ces. tesmonies services and celebradon of "All Natlons Day" To carry out m155lonary actSvltle5 and to be more Involved with local communlty work by provldSng food to the homeless and de5tltute by providlng funds to local food bank. To advance edu¢atlon by proyldlng weekly church servlces throughout the year, dlsclple5hip classes aDd volunteer training for a stronger more effethve leadership base. Church continued most OF her church activities online via socfial medla plarform$ such as zooms, skype erc for the whole flnartcSal year under relew In oder to meet its object£ves and obllgatlons. Members and onllne Ilsteners have been sharlng testimon5es as to how they became splritually filled. inspired, rev5tallsed and more desire to contribute to the communlty both matèrlally and emodonally. Other members 8lso made a bold cla5m how the Gospel of Jesus Chr15t has transformed thelr Ilves and famllle5, not to mentlon the posllive Impact it's having within the commuT]ity- The Trustees are pleased to report that the mln15try objectives as Set out above continued to be achleved despite the challenges the Church faced as a result of post Covld-19 pandemlc effects. In 5Plte of Covld-19 pandemlc. the charity is still looking into a better fijture In orderto achleve her charitable objectives. The Cbarlry will contlnue to focus on Its activtties to meet the objectives ofthe Charlty In splte of the financial challenges ahead.The Chartty Is looklng forward to purchase its own bullding or a place of worship wlthln S years. At present the Trustees have declded to leave all surplus fund5 the account wtth thelr prlnclpal banke. The charity relles solely on contrlbudons from its members. The charity does not employ any professional fundraising bodies. ReSrted Funds There are no restricted funds operated by the charlty. All funds are avallable for use at the discretion of the Tru5tee5.
IOY CHRisfiAN CENTRE IERNATIONAL Reserves Pollcy The Trnstees have declded to Spend as much moDey8S POS51bleoD furtherkng the core objects of the chaTltywhilst maintsiningsufficient cash fund5 to ensure the sust3inabillty of the chaTIty. To achlevethis, the Trnstees have dedded to malntain an amountin the bank account to cover at leasta mlnlmum of three months of normal expendlture in addltlon to any known addition21 expendlthre. Coverjwice and Internal Control Appointtnent ofTruste&s are done by the extstingTrustees with consuhation ofthe viewofthe church members as to trustworthlness of e8ch person. Iusk Assusment The Trustees conslderthe key operatlonal, flnandal and stategfc rtsks that rnay have a bearlng on the actlvfjes of the charlty. Suitable manageMentlnfornt1Oll is avallable to the Trustees OD 3 regular basis to monitorthese rlsks and dllow ahy mitigatlDg actlon to be taken to address them. Charity law requlres the Trustees to prepare flnandal ststements for each financlal yearwhlch give true and fair vlewofthe stste ofaffalrs ofthe charity and oflts fiDandal acvItIeS fortheyeaT. In preparartng those flnandal statements, the Trusreej Ive requlreto: I selertsuitsble accountlng pollcles and apply them ¢on$lstantly; 2 make Judgements and estSmate5 that are reasonable and prudentr, 3 stste whetherappllcable accounting standards and stements of recommened prartlce have been followed, sublertto any departures disclosed and explained In the financ131 statements: 4 prepare the flnanclal statements on the golngcoDcern ba51s unless It Is Inapproprlate to assume that the charltywlll contlnue in operation. The Trustees are reponslble for keepillg accountlng and flnanclal records whlch dlsclose wlth reasonable accuracy at anytime the financial posldon of the charftyand to enable them ro ensure thatthe financlal statements eomploy with the Charitles Acts 1993. Theyare also responsible for safeguadlngthe as5ests of the charlty and hence for tsking reasonable step5 for the preventlon and detection of fraud or other IegUlar[t1e& The rnembers ofthe board oftrustee5 durlngthe y¢•r were: Rev Jerome Bortey Mensah Naornl Narterld Tetteh Sibongile Benedlcta Langa Nomakhaya Cleopatra Ndinisa The report W8s approved bythe Board ofTrnstees on the 31thAugust 2024 and slgned on its behalfby. 0510912024 Rev Jerome Bortey Metlsah Date
IOY CHRISTIAN CENTRE ITERNATIONAL lAdependentExamlneS Reportto theTnteeS of the Cbarlty ForThe Year Ended 31 Morcb 2024 Independent examlner'$ report to the trustees of loy Clwlstl•n Centre International I report to the chaTrty trustees on my examiDatlon of the accollt)ts of loy Chrfstian Centre luternational (the Trust) forthe year ended 31 March 2024. Responslbllltles and basts of report As the charlty trustees ofthe Tnistyou are responsible for the preparation ofthe accounts In accordance with the requlrements ofthe Charttles Art 2011 ('the Act?. I reportln respertof my examlnatton of the Trurt's accounts cathed out under 5ecdon 145 of the Act and In carrying out my ex4minat5on I have followed all appllcable Dlrectlons given by the Char5ty Commission under section 145(5)(b) of the ACL Indepeodentexamlnews ststement I have completed myexamthatlon. I conflrni that no materlal matters have come to my attention In connectlonwlth the examinatlon whlch glves me cause to belleve that In, any materlat respecL' l. accountfng records were notkept In accordancewlth sertlon 130 of the ALL" or IL the accounts do not accord wlth the accounttll8 records I have no concerns and have come across no othermatteTS In roDnectlon with the examination to whlch attention should be drawn In thls reporrln orderto enable 2 proper understsnding of the accounts to be reached. OG loq IIOLI SIed.. Seth Acheampong Date Trlnity Ace Ltd 319 Welbeck Road London SMS ILN
JOY CHRISTIAN CENTRE INTERNATIONAL ATEMENT OF FINANCIAL ACTIVITIES (INCOME AND EXPENDITURE ACCOUNTS) FOR THE YEAR ENDED 31 MARCH 2024 UNRESTRicfED RESTIUCTED TOTAL FUNDS FUNDS FUNDS TOTAL FUNDS 2024 2024 2024 2023 NOTE INCOMING RESOURCES Tlthes. OfferSngs and Donattons Investment Income 44.467 44.467 37717 Galn on Dlsposal of Asset 77 TOTAL INCOMING RESOUCES 44,467 44,467 37794 RESOURCES EXPENDED Charltable actlvltles 43,852 43.852 37301 TOTAL RESOURCES EXPENDED 43,852 43,852 37301 Net Movement In Funds 615 615 493 Totsl Funds Brought Forward 5,574 5,574 5081 TOTAL FUNDS CARRIED FORWARD 6,189 6,189 5574
JOY CHRISTIAN CENTRE INTERNATIONAL BALANCE SHE ASAT 31 MARCH 2024 2023 Notes 2024 FIXED A&sErs Tangible Flxed Asset IM96 2528 CURRfllT ASss PrePAent Cash at Bank & In Hand 4,662 3296 LIABILITIES Creditors: Amounts falling due wlthln one year [250) (369) 4,293 Net curreDt assets TOTAL AssEf5 LESS CURRENT LIABIUTIES 6,IB9 5.574 Credltors: Amounts falllng due aftermore than one year 5.574 TiyfAL ASSETS LESS TOTAL LIABILrriES 6,189 CHARrrY FUNDS Unresttlcted fvnds 189 5,574 6,189 5,574 TOTAL FUNDS/(DEncrrs) The flnancial stat¢nJents were approved by the Board of trustees and slgned on its behalf by: 0510912024 Dated RevJerome Bortey Mensah
JOY CHRISTIAN CENTRE IrfrERNATIONAL Notes to the Accollnts for the yearended 31 March 2024 I ACCOUPMNG POLICILS Basis of accounting The flnancial statstsmeTLts are prepared In accordance wlth applicable accoundn8 stsndards using the Hlstorlcal Cost Convention. The financial statetements reflert the requlrements ofthe rewsed StstemeDt of Recomrnended Practice AcetsunE kr CharitlES' [SORPI. The Charity complled Mryth best prartlce ot the tsme of prepartng these accounts. Tanglble Flxed Assets All flxed assets are capltallsed. The charge fordepreclatton 1$ calculated towrite otrthe cost of the Axed assets over thelr usefvl Ilves on the followlng ba5es'. Plant & Machinery 20% on straight line method GENERAL These A¢nts have been pr8pgred on the leipts And payment$ bads in aOrdanCe appll¢oble Accounting St8ndard8 and the Charitsbl• SORP. (Statsment of Rao)rnmendBd Practk• on A¢¢ounting by Charilitr81. 2 Incom¢ Income Is accounted for on accruals basls, except lor donatlofis, whlch are credlted when recelved The98 repr8sent glfts. thall9n8. tlthea, off8ring8. ple&Je8 8nd bank Intw88t gl¥8n to the Ch8rlty durlng Ihg year. GIftAld The church has notyet reglstered HMRC forGIftAld purpose. Charltable Donadoos & Glfty to Mlsslty These represent amounts given to V8rlou5 indirfduals, organlsadons and other charltable tntsts. Honorarlurnto vtsltlng spoakers and rcmittances for m155ionary work Expendlwre All expendlture Is accounted for on an accru815 basls. Resources expended on chatbIe acLlvltle$ comprlse 211 the resources appll¢d by the charity In undeerkatin81ts workto meet its charttable objertive5. custs include the dlrerttQ5ts cf the charitable activitl¢s wlththoso support costs incurred thatenable these activities to be underraken. Expendlture on governance cost5 are the ¢osl&" Sncurred bythe charfry to operate and ¢0 generate the Inform8tioll requsred for publlc artountablllty. Funds The char5ty'S funds are unrestricted and are av8Llable for use atthe discretion of the Board or TNstees.
IOY CHIUSTIAN CENTRE INTERNATIONAL Profit And Los5 Account For the year ended 31 March 2024 2024 2023 Income Tithes, offerlngs & Donatlons Gain on Disposal of Asset 44,467 37.717 77 37,717 Total Income 44.467 q. Expenses Wages and 5alarles Etnployer Nl Accountancy fees Bank charges HP interest Depreciatton Travelllng & Motor Expenses Rent (including Storage c05t) Honorarlum & Glfts Medla, RadS0,Telev151on. Pub15clty and advert Postage, Ststionery and printing Donatlon5 to charltSes Subs¢rlpdons Legal & Professlonal fees Sundry expenses Telephone. interneL IT consumables and fax Welfare,marrla8e5,fvnerals & social activitles Total expendlture 12.004 401 2SO 7,436 250 327 632 5,618 7,200 850 5,234 784 900 400 632 6,327 9,012 800 4.64S 820 1,347 260 284 1,661 5.409 43,852 296 1.519 5.855 37,301 Surplusl(deflclt) 615 493 Fund balance b/Avd 5,574 S,081 Fund balance c/fwd 6,189 3,574 10
JOY CHRISTIAN CENTRE INTERNATIONAL Notes to the flnancial statements for the year ended 31 March 2024 2024 TANGIBLE FIXED ASSETS Plant & Machlnery Totsl Cost Additions As at 31 March 2024 3,160 3,160 3,160 3,160 DEPRECIATION A5 at l April 2023 Char8e for the year As at 31 March 2024 632 632 1,264 632 632 1,264 NET BOOKVALUE As at 31 March 2024 1,896 1,896 Galn on Dlsposal of Asset CASH AT BANK AND HAND Casli at Bank & in Hand 4,662 CREDITORS.. Amounu lalllng due wlthln one year 369 Amounts fallln8 due after more than one year STATEMENT OF FUNDS BROUGHT INCOMING FORWARD RESOURCES RESOURCES EXPENDITURED CARRIED FORWARD Unrestrlrted funds Restricted Fund 5574 44,467 143.852] 6.189 44.467 43.852 11