2024-03-31-accounts - Jehovah Jireh House Of Prayer

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Jehovah Jireh House of Prayer Financial Statements 31 March 2024

Jehovah Jireh House of Prayer Contents

	Page
Legal and administrative information	1
Trustees' Report	2 - 3
Independent Examiner's Report	4
Statement of financial activities	5
Balance sheet	6
Notes forming part of the financial statements	7 - 9

Jehovah Jireh House of Prayer Legal and administrative information

TRUSTEES	Birkha Raj Limbu (Chairman)
	Purna Bahadur Rai
	Ganesh Kumar Rai
	Lalit Kumar Rai
	Daulathkumar Rai
	Yogesh Rai
	Heman Limbu
	Janak Limbu
PRINCIPAL OFFICE	Freshbrook Evangelical Church
	Worsley Road
	Freshbrook Evangelical Church
	Swindon
	SN5 8NU
BANKERS	HSBC UK
ACCOUNTANTS	Paperwork Solutions Limited
	Suite 3 Greyholme
	49 Victoria Road
	Aldershot
	Hampshire
	GU11 1SJ
CHARITY REGISTRATION NUMBER	1196987

Jehovah Jireh House of Prayer

TRUSTEES REPORT for the year ended 31 March 2024.

The Trustees are pleased to present their report and the financial statements of the charity for the year ended 31 March 2024. The financial statements have been prepared in accordance with the accounting policies set out on page 7 and comply with the charity's trust deed and applicable law.

Constitution and objects

The charity's object is to advance the Christian faith in accordance with the Statement of Faith throughout England & Wales for the benefit of the public mainly but not exclusively through the holding of services, raising awareness of religious beliefs and practices, religious education, outreach and pastoral care.

Financial review and investment policy

The unrestricted fund of the charity generates income which is used for the furtherance of the objects of the charity. There are no restrictions on the charity's power to invest. The investment strategy is set by the trustees and is reviewed annually.

Reserves policy

It is the policy of the charity to maintain all funds at a sufficient level to meet fluctuating demands. The unrestricted fund which comprises the free reserves of the charity were maintained at a sufficient level throughout the year to cover eventualities such as additional administration and support costs.

Risk Management

The trustees 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.

Trustees' responsibility in relation to the financial statements

Law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements, and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue its operations.

Jehovah Jireh House of Prayer

TRUSTEES REPORT for the year ended 31 March 2024.

The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy, at any time, the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the Trustees and signed on their behalf by:

…………………………………….

Dated:

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE Jehovah Jireh House of Prayer FOR THE YEAR ENDED 31 March 2024.

I report on the accounts of the Trust for the year ended 31 March 2024, which are set out on pages 5 to 8.

Respective responsibilities of trustees and examiner

As the charity's trustees you are responsible for the preparation of accounts; you consider that the audit requirement of section 144 of the Charities Act 2011 does not apply. It is my responsibility to - examine the accounts under section 145 of the Charities Act,

to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
to state whether particular matters have come to my attention

This report is made solely to the charity's trustees, as a body, in accordance with the Charities Act 2011. My independent examiner's report has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my independent examiner's work, for this report, or for the statement I have given.

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 any unusual items or disclosures in the accounts, and seeking explanations from the 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 connection with my examination, no matter has come to my attention:

which gives me reasonable cause to believe that, in any material respect, the requirements:
to keep accounting records in accordance with section 130 of the Charities Act; and
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met; or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

I.D. Chitolie FCCA Suite 3 Greyholme Paperwork Solutions Ltd 49 Victoria Road Chartered Certified Accountants Aldershot Hampshire Date…………………………. GU11 1SJ

Jehovah Jireh House of Prayer Statement of Financial Activities for the year ended 31 March 2024

Unrestricted funds 2024 Notes £ Incoming resources Income and endowments from: Other Income 2 109,343 Total incoming resources 109,343 Resources expended Expenditure on: Charitable activities 3 - Support Costs 4 40,126 Management and Administration 5 7,655 Total resources expended 47,781 Net outgoing resources 61,562 Net movement in funds 61,562 Balance at 1 April 2023 339,348 Balance at 31 March 2024 400,910	Total funds 2024 £ 109,343 109,343 - 40,126 7,655 47,781 61,562 61,562 339,348 400,910	Total 2023 £ 107,978
		107,978
		- 28,299 2,083
		30,382

		77,596
		77,596 261,752
		339,348

Jehovah Jireh House of Prayer Balance Sheet as at 31 March 2024

Unrestricted Notes Funds £ Fixed assets Tangible Assets 126,145 126,145 Current assets Stock 1,151 Bank and cash balances 7 425,026 426,177 Creditors less than one year 8 400 Net current assets 425,777 Creditors after more than on year (151,012) Total Net assets 400,910 Funds 9 400,910	Total 2023 £ 126,107
	126,107
	1,151 212,290
	213,441
	200
	213,241
	-
	339,348
	339,348

Approved by the trustees and signed on their behalf by:

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(chairman)
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(treasurer)
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Trustees
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Date……………………………………

Jehovah Jireh House of Prayer Notes forming part of the financial statements for the year ended 31 March 2024

1 Principal accounting policies

Accounting convention

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014.
the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
and the Charities Act 2011.

Resources expended

Expenditure is included on an accruals basis.

Costs of generating funds comprise those costs directly attributable to managing the investment of generating funds.

Support costs comprise costs for running of the charity itself as an organisation. Where costs cannot be directly attributed to activities estimates are made based on activity levels.

Fund accounting

Details of the nature and purpose of each fund are set out below in note 9.

2 Other income Unrestricted funds 2024 £ Gift aid 17,414 Interest received 3,923 Donations received 88,006 109,343	Total funds 2024 £ 17,414 3,923 88,006 109,343	Total 2023 £ 10,910 - 97,068
		107,978

Jehovah Jireh House of Prayer Notes forming part of the financial statements for the year ended 31 March 2024

3 Expenditure on charitable activities Unrestricted funds 2024 £ Event cost: Press conference - Other charitable expenses - - 4 Support costs Unrestricted funds 2024 £ Other donations 11,784 Electricity 1,053 Travel Expenses 194 Rent 3,060 Council tax 1,401 Meetings costs 17,379 Repairs and maintenance 3,671 Cleaning 778 Equipment hire 445 Depreciation 361 40,126 5 Management and administration Unrestricted funds 2024 £ Accountancy fees 200 Computers and software 399 Postage 8 Printing & Stationery 630 Insurance 275 Bank Charges 99 Legal and professional fees 6,044 7,655	Total funds 2024 £ - - - Total funds 2024 £ 11,784 1,053 194 3,060 1,401 17,379 3,671 778 445 361 40,126 Total funds 2024 £ 200 399 8 630 275 99 6,044 7,655	2023 £ - -
		-
		Total 2023 £ 6,075 696 40 2,415 281 12,243 6,000 89 180 280
		28,299
		Total 2023 £ 488 201 3 942 263 136 50
		2,083

6 Staff Costs and trustees remuneration

Jehovah Jireh House of Prayer does not employ any staff. Trustees received no remuneration and were not reimbursed for any of their expenses.

Jehovah Jireh House of Prayer Notes forming part of the financial statements for the year ended 31 March 2024

7 Cash at bank Unrestricted funds 2024 £ Current account - general charity fund 425,026 425,026 8 Creditors Unrestricted funds Trade creditors and accruals 400	Total funds 2024 £ 425,026 425,026 Total funds 2024 £ 400	Total 2023 £ 210,305
		210,305
		Total 2023 £ 200

9 Funds

Unrestricted funds

These comprise those funds which the trustees are free to use in accordance with the charitable objects of the trust.

Restricted funds

These funds which have been given for particular purposes and projects are described in the Trustees' Report on page 2. There were no restricted funds this year or the prior year.