## **Trustees’ Annual Report for the period**
**From 1 April 2023 Period start date To _31 March 2024 Period end date Charity name: JESUS THE CHOSEN GENERATION GLOBAL MINISTRY Charity registration number: 1201629**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To advance the Christian faith and preach
the Gospel in accordance to the teachings of
the Holy Bible/Scriptures by facilitating
contact between persons interested in
Christianity and fellowshipping with them to
disseminate knowledge and information
relating to Christianity through prayer
meetings, street evangelisms, giving of
Gospel tracts and literatures, Christian
conferences and holding public gatherings
of celebrations of Christian activities for the
promotion of faith, hope and love of God
and of one another.|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|Spreading the message of Jesus Christ
through church services by facilitating
worship gatherings that include prayer,
music, and sermons; organizing prayer
groups and intercessory prayer initiatives;
preaching, teaching, and personal
evangelism; conduct of discipleship
trainings, water baptisms, fellowship
gatherings; carrying out bible studies by
offering group or individual studies to help
people learn about Scripture.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|Trustees receive regular guidance on
policies, available support, and direction
issued by the Charity Commission that relate
to the promotion of public’s interest and
welfare.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38||
|Policy on social investment
including program related
investment|Para 1.38||
1
|Contribution made by
volunteers|Para 1.38||
|---|---|---|
|Other|||
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|•
From the original members of five (5),
the Ministry (organization) has grown to
fifty (50) regular members up until end of
2024.
•
Bible studies are conducted every week
(Wednesdays) or a total of 52 bible
studies done with a regular of 15.
•
Discipleship trainings are conducted on a
weekly (Thursdays), 52 trainings in total
with a total of 24 trainees.
•
A total of 24 new members have
undergone water baptism for the past
calendar year.
•
The Ministry had reached out to around
50 individuals evangelized to Christian
teachings.
•
Prayer meetings have been carried out
every Tuesday or a total of 52 meetings
in a year.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||||
|---|---|---|
|Achievements against
objectives set|Para 1.41||
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|Review of the charity’s
financial position at the end
of the period|Para 1.21|See attached Statement of Financial
Position|
|---|---|---|
|Statement explaining the
policy for holding reserves|Para 1.22|N.A.|
2
|stating why they are held|||
|---|---|---|
|Amount of reserves held|Para 1.22|N.A.|
|Reasons for holding zero
reserves|Para 1.22|Detailed discussion on this is yet to be done.|
|Details of fund materially in
deficit|Para 1.24|N.A.|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|N.A.|
**Additional information (optional)** You may choose to include further statements where relevant about:
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|Tithes and offerings as of the moment.|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facingthe charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution adopted on 18 Jan 2023
as amended on 15 Dec 2023|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO-Foundation|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Selection methods and processes:
1. Assessment of skills and expertise;
2. Creation of a pool of candidates by
soliciting recommendations from current
board members, staff, or stakeholders
for suggestions;
3. Evaluation of candidates by conducting
interviews and checking of qualifications
(review oftheir background, professional
experience, and specific skills) and
review of values like confirming one’s
commitment to Christian faith and
alignment with the organization’s beliefs;
4. Nomination and election following the
organization’s rules;
5. Presentation of candidates to the Board
for approval; and
6. Onboarding by conducting orientation,|
3
mentoring, and necessary training. Key Considerations **Faith Alignment** : Ensure the candidate’s faith and values align with the organization’s beliefs. **Long-Term Impact** : Individuals to bring lasting value and are willing to commit for the full term. **Bylaws Compliance** : Follow any specific procedures outlined in the organization’s governing documents.
## **Additional information (optional)**
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity’s organisational structure and any wider network with which the charity works Para 1.51 Relationship with any related parties Para 1.51 Other
## **Reference and Administrative details**
Charity name JESUS THE CHOSEN GENERATION GLOBAL MINISTRY Other name the charity uses N.A. Registered charity number 1201629 Charity’s principal address 167a Cheviot Gardens London NW2 1PY
4
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Leon Descargar||5 Nov 2023|Board of Trustees(BOT)|
||Victor Barrett||5 Nov 2023||
||Susan Montero||5 Nov 2023||
||Cecilia Portugalite||5 Nov 2023||
||Dominador Miranda||5 Nov 2023||
||**Nothing Follows**||||
– Corporate trustees names of the directors at the date the report was approved **Director name** NA
Name of trustees holding title to property belonging to the charity
|**Trustee name**|**Dates acted if not for whole year **||
|---|---|---|
|Leon Descargar|18 Jan 2023 to date||
|No one follows|||
|**Funds held as custodian trustees on behalf of others**|||
|Description of the assets
held in this capacity|Musical instruments (guitars, drums, lecterns, projector,
microphones and other accessories)||
|Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|Leon N. Descargar as Chair of the Board of Trustees serves
as the custodian of the Ministry’s properties/assets.||
|Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets|Musical instruments (guitars, drums, lecterns, projector,
microphones and other accessories) are stored in
Mr.Descargar’s place.||
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|
|---|---|---|
|**Type of**
**adviser**
**Name**
**Address**|||
|Technical
adviser|Rizal G. Buendia,
PhD.|33 Lawrence Hill Ave., Newport NP19 9BQ Wales, UK|
|No one follows|||
## **Name of chief executive or names of senior staff members (Optional information)**
5
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
|**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||N.A.|
|---|---|---|
||
Leon N. Descargar Jr.|N.A|
||
Chair of the Board of Trustees||
||26 Jan 2025||
||26 Jan 2025||
6
## **JESUS THE CHOSEN GENERATION GLOBAL MINISTRY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING MARCH 31, 2024**
## **RECEIPTS**
|**RECEIPTS**||
|---|---|
|Tithes and Offerings
**EXPENSES**
Hall Rental
Food and Beverages
Depreciation
Transportation
Kitchen Supplies
Graduation Gowns & Accessories
Love Gift
Stationery and Printing
Miscellaneous
**CHANGES IN NET ASSETS**
**NET ASSETS AT BEGINNING OF YEAR**
**NET ASSETS AT END OF YEAR**|**17,527**|
||7,950
1,028
621
500
494
444
200
96
388|
||**11,721**|
||**5,806**|
||**1,993**|
||**7,799**|
## **STATEMENT OF FINANCIAL POSITION MARCH 31, 2024**
|**ASSETS**||
|---|---|
|Cash|8,225|
|Musical Instruments & Equipment|2,733|
|**TOTAL ASSETS**|**10,958**|
|**LIABILITIES AND NET ASSETS**||
|**Liabilities**||
|Accounts Payable|2,019|
|Accrued Expenses|1,140|
|Total Liabilities|**3,159**|
|**Net Assets**||
|Unrestricted Funds|**7,799**|
|**TOTAL LIABILITIES AND NET ASSETS**|**10,958**|
## **NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDING MARCH 31, 2024**
## **CASH**
The Eight Thousand Two Hundred Twenty-Five Pounds (£8,225.00) reported on the Statement of Financial Position is the actual cash fund balance on hand as of March 31, 2024.
## **MUSICAL INSTRUMENTS AND EQUIPMENT**
These are composed of Keyboard, Drums, Speakers, Microphones, Monitors, Cables and Connectors being used every Sunday service. A total cost is Three Thousand Three Hundred Fifty-Four Pounds (£3,354.00), less depreciation of Six Hundred Twenty-One Pounds (£621.00), left with net book value of Two Thousand Seven Hundred Thirty-three Pounds (£2,733.00)
## **ACCOUNTS PAYABLE**
This is the amount payable to Pastor/Bishop Leon Descargar Jr. (Chair of the Board of Trustees) for the musical instruments and equipment he bought for the church to use. The amount payable will be paid in installment.
## **ACCRUED EXPENSES**
This represents rental for March 2024 paid to Claremont Free Church in April 2024.
## **UNRESTICTED FUNDS**
The financial Statements being reported has a beginning net asset of One Thousand Nine Hundred Ninety-Three Pounds (£1,993.00). It is the net cash generated by the Ministry from the Sunday Fellowship and activities conducted few months before it was registered with the Charity Commission on 18[th] January 2023, up to March 31, 2023. Added to the amount is the net operating results during the year of Five Thousand Eight Hundred Six Pounds (£5,806.00), hence, the balance at the end of the period is Seven Thousand Seven Hundred Ninety Nine Pounds (£7,799.00).
## **RECEIPTS**
This is the accumulated collections received every Sunday service from the members of the church who faithfully give their tithes and offerings. The ministry currently has an average of forty attendees every Sunday.
## **EXPENSES**
Rental cost where the Sunday service is being conducted is the major expense of the Ministry. The hourly rental rate is Thirty Pounds (£30.00), and average monthly spending is nearly Seven Hundred Pounds (£700.00) a month.
## **FOOD AND BEVERAGES**
These are the costs incurred for the food and drinks being shared after the fellowship, average amount spent a month is Eighty Pounds (£80.00).
## **DEPRECIATION**
The life of the musical instruments and equipment is estimated to be five years, and being depreciated using the straight-line method.
## **TRANSPORTATION**
This is the cost incurred for the vehicle hired in August when the ministry conducted its Baptism ceremony.
## **KITCHEN SUPPLIES**
Cost of the kitchen wares, cups, plates, cutleries, etc. incurred during the year.
## **GRADUATION GOWNS AND ACCESSORIES**
The Ministry shouldered the cost of the gowns, hats, and accessories used by the members who graduated in their Discipleship training course.
## **LOVE GIFT**
The amount of Two Hundred Pounds (£200.00) was given as “love gift” to Philippines.
## **STATIONERY AND PRINTING**
Costs of pens, notebooks, papers, printing and photocopying.
## **MISCELLANEOUS**
Mainly costs of giveaways at the Christmas party, batteries, and other expenses.
JESUS THE CHOSEN GENERATION GLOBAL MINISTRY
**No (if any)**
## **Receipts and payments accounts**
Period start date Period end date **For the period To from APRIL 1, 2023 MARCH 31,2024**
**CC16a**
## **Section A Receipts and payments**
**Unrestricted Restricted Endowment Total funds Last year funds funds funds to the nearest to the nearest £ to the nearest to the nearest £ to the nearest £ £ £**
**A1 Receipts**
TITHES AND OFFERINGS **17,527 - - - - - - -** _**Sub total** (Gross income for AR)_ **17,527**
**17,527 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 17,527 -**
**A2 Asset and investment sales, (see table).**
**-**
**-** _**Sub total**_ **-** _**Total receipts**_ **17,527 - - 17,527 -**
## **A3 Payments**
|**A3 Payments**||||||||||
|---|---|---|---|---|---|---|---|---|---|
|HALL RENTAL|**7,950**||**-**||**-**||**7,950**||**-**|
|FOOD AND BEVERAGES|**1,028**||**-**||**-**||**1,028**||**-**|
|DEPRECIATION|**621**||**-**||**-**||**621**||**-**|
|TRANSPORTATION|**500**||**-**||**-**||**500**||**-**|
|KITCHEN SUPPLIES|**494**||**-**||**-**||**494**||**-**|
|GRADUATION GOWNS & ACCY|**444**||**-**||**-**||**444**||**-**|
|LOVE GIFT|**200**||**-**||**-**||**200**||**-**|
|STATIONERY AND PRINTING|**96**||**-**||**-**||**96**||**-**|
|MISCELLANEOUS|**388**||**-**||**-**||**388**||**-**|
|**_Sub total_**|**11,721**||**-**||**-**||**11,721**||**-**|
|**A4 Asset and investment**
**purchases, (see table)**|||**-**
**-**
**-**|**-**
**-**
**-**|**-**
**-**
**-**||
|---|---|---|---|---|---|---|
||**-**||**-**|**-**|**-**||
||**-**||**-**|**-**|**-**||
|**_Sub total_**|**-**||**-**|**-**|**-**|**-**|
||**_Total payments_**|**11,721**||**-**||**-**||**11,721**||**-**|
|---|---|---|---|---|---|---|---|---|---|---|
||**_Net of receipts/(payments)_**|**5,806**||**-**||**-**||**5,806**||**-**|
|**A5**|**Transfers between funds**||||||||||
|||**-**||**-**||**-**||**-**||**-**|
|**A6**|**Cash funds last year end**|**1,993**||**-**||**-**||**1,993**||**-**|
||**_Cash funds this year end_**|**7,799**||**-**||**-**||**7,799**||**-**|
**Section B Statement of assets and liabilities at the end of the period Unrestricted Restricted Endowment funds funds funds Categories Details to nearest £ to nearest £ to nearest £ B1 Cash funds** CASH **8,225 - - - - - -** _**Total cash funds**_ **8,225 - -** (agree balances with receipts and payments Agreement account(s)) Error OK OK **Unrestricted Restricted Endowment funds funds funds Details to nearest £ to nearest £ to nearest £ B2 Other monetary assets - - - - - - - -**
**-**
## **B3 Investment assets**
**B4 Assets retained for the charity’s own use**
**Fund to which Current value Cost (optional) Details asset belongs (optional) - - - - - - - - - - Fund to which Current value Cost (optional) Details asset belongs (optional)** MUSICAL INSTRUMENTS & EQUIPMENT **2,773 - - - - - - - - - - - - - - - -**
## **B5 Liabilities**
Signed by one or two trustees on behalf of all the trustees
**Fund to which Amount due When due Details liability relates (optional) (optional)** ACCOUNTS PAYABLE **2,019** ACCRUED EXPENSES **1,140 - - -**
Date of Signature Print Name approval 26-Jan-25 **Leon N. Descargar Jr.**