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2024-12-31-accounts

Dear Trustee

Jireh Chapel & Houses, Tenterden Annual Report 2024

Church matters

The church continues to meet every Sunday and on a Wednesday evening. The services are also streamed online.

The Sunday School meets every Lord’s Day before the afternoon service. One member continues to join online. We also have our annual outing in August where we meet at Newchurch village hall and arrange activities/outings. This year we took a trip on the Romney Hythe & Dymchurch Railway which was enjoyed by all and we had a profitable Bible talk before the tea to all attendees.

Chapel houses

The upper (2-bedroom) flat at 1 Jireh House continues to be managed using a letting agent, Jago & Jago. The 2022 tenant was still in occupation at the end of 2024 but has given notice to leave in early 2025.

The downstairs flat continues to be occupied by the previous tenant.

2 Jireh house was vacated by the tenants in May 2023. On inspection there was found to be cracks in the walls between 2 bedrooms and also down into the 2 living rooms below. This was monitored by our insurance company for 6 months + and it was agreed there was no further subsidence movement. Therefore the insurance company agreed to pay for repairing the cracks and extensive redecoration ( no underpinning required). The corrective works did not commence till well into 2025 so the property was empty for 7 months of 2024. During this empty period work was commenced to refurbish the kitchen, upstairs bathroom, downstairs bathroom and utility and boiler.

Annual accounts

The annual accounts for the year 2024 are enclosed. You will see from these that the reserves held by the church have remained similar to last year as the Chapel & Houses combined have broken even for the year. This is a loss of £24k relating to the Chapel and a profit of £24k relating to Chapel Houses.

We received grants towards the refurbishment of 2 Jireh House of £24k (£10k from the Tilden Trust, £13.6k from the GS trust and £8k from Providence Croydon chapel .

The accounts were audited again by Mr Samuel Parish from Swavesey and we are thankful to him for his continued assistance with this. His report raised no areas for concern for 2024 accounts. He did note that there was a restatement needed on the 2023 comparatives due to the accrual figure being incorrect by £1k.

This report and annual accounts have been submitted to the charity commission.

Please contact me by email if there are any questions or observations.

With Christian love.

Yours sincerely

Edward Pont, Deacon/Church Secretary

Jireh Chapel, Houses and Assistance Fund Income Statement

1 January 2024 to 31 December 2024
Jireh Houses
Notes
Income
Rent
1
Grants
2
Collection for refurb work
3
Expenses
Maintenance
Management fees and advertising
Legal fees
Planning & building works
4
Cost of renewal/change in tenancy
Annual Service & Insurance
5
Jireh Houses Net Profit
Jireh Assistance Fund
Income
Collections
Expenses
Communion expenses
Distributions
Jireh Assistance Fund Net (Loss)/ Profit
Chapel
Income
Gift Aid Donations
Collections for Chapel
Special Collections in
6
Gift Aid Refund
Grant for ministerial costs
7
Sunday school collections
Sale of 150th Books
Maintenance fund
Interest
Grave fees
Expenses
Ministry
Payroll Tax
Building Maintenance
Grounds Maintenance
Annual Service & Ins Costs
Utilities
8
Cleaning
9
Special Collections out
10
Publishing 150th Books
Honoraria
Sunday School expenses
11
Subscriptions
Chapel Net (Loss)
Total Net Profit
Restated
Restated
£
£
£
£
2024
2024
2023
2023

27,414
30,948

24,000
0

870
52,284
405
1,455
1,508
1,659
0
0

24,000
0
0
144

2,497
1,190
28,410
4,449
23,874
26,499
985
1,374
8
0
925
1,450
933
1,450
52
(77)
6,230
8,540
4,762
2,121

605
1,395
2,404
2,735

2,400
0
645
345
0
0
0
0
0
0
100
50
17,145
15,185
22,901
23,741
4,950
5,220
190
470
3,126
2,832
2,397
15
1,640

4,833
3,927

1,091
813

195
905
0
0
50
60

944
257
145
245
40,822
40,110
(23,677)
(24,925)
249
1,498
Restated
Restated
£
£
£
£
2024
2024
2023
2023

27,414
30,948

24,000
0

870
52,284
405
1,455
1,508
1,659
0
0

24,000
0
0
144

2,497
1,190
28,410
4,449
23,874
26,499
985
1,374
8
0
925
1,450
933
1,450
52
(77)
6,230
8,540
4,762
2,121

605
1,395
2,404
2,735

2,400
0
645
345
0
0
0
0
0
0
100
50
17,145
15,185
22,901
23,741
4,950
5,220
190
470
3,126
2,832
2,397
15
1,640

4,833
3,927

1,091
813

195
905
0
0
50
60

944
257
145
245
40,822
40,110
(23,677)
(24,925)
249
1,498
Restated
Restated
£
£
£
£
2024
2024
2023
2023

27,414
30,948

24,000
0

870
52,284
405
1,455
1,508
1,659
0
0

24,000
0
0
144

2,497
1,190
28,410
4,449
23,874
26,499
985
1,374
8
0
925
1,450
933
1,450
52
(77)
6,230
8,540
4,762
2,121

605
1,395
2,404
2,735

2,400
0
645
345
0
0
0
0
0
0
100
50
17,145
15,185
22,901
23,741
4,950
5,220
190
470
3,126
2,832
2,397
15
1,640

4,833
3,927

1,091
813

195
905
0
0
50
60

944
257
145
245
40,822
40,110
(23,677)
(24,925)
249
1,498
(24,925)
1,498

Jireh Chapel, Houses and Assistance Fund

Balance Sheet As at 31 December 2024

Assets

Assets
Cash at bank and in hand
12
Tenancy reserve
Prepayments
Liabilities
Accruals
13
Deferred Grant Income
14
Net Assets and liabilities
Equity
Profit & Loss Reserves
Jireh Houses & Chapel
Jireh Assistance Fund
17,229
285
0
17,514

3,491
15

7,600
11,091
6,423
6,176
15
247
6,424
10,341
285
0
10,626

4,452
0
4,452
6,174

5,979
195
6,174
6,174
Notes:
1 Tenants of 2 Jireh House moved out in May 24. Loss of rent due to unoccupation for 7 months due to large cracks in
walls which are being monitored by insurance company. Trying to get this loss of rent back from the insureres. Still
waiting for outcome of monitoring.
2
Grants received towards refurbishment of 2 Jireh House. £10k from the Tilden Trust, £13.6k from The GS Trust , £8k
from Providence Croydon. An additional amount of £25k was received after the year end from the Barwell Trust
3 This is special collections for the refurb work.
4 £24k paid for refurb works so far (mainly kitchen , bathroom , new boiler, insulation work)
5 Insurance increase on houses due to ongoing claim
6 Special collections in were for Savannah Education and Pastors collections
7 We received specific garnts towards ministerial costs this year as chapel funds were low
8 £4k of utilities relates to gas and electric. The rest is water bills and internet costs.
9 Cleaning is for chapel cleaning inside and the windows
10 Special collection out was to Savannah Education
11 Sunday school expenses main expense is the hire of Newchurch village hall in August and the train ride
12 Cash increase due to grants received this year. Cash balance at 29 Jan 25 is £39k
13 Accruals relates to insurance
14 Deferred grant income relates to grant income not yet spent on 2 Jireh House refurb work
15 Error on insurance accrual last year- restated figures to be correct

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Jireh Chapel Tenterden On accounts for the year ended 3111212024 Charity no lif any) 235343 Set out on pages Irprhi¢%Mhpr tn inpliiAp the niiMh¢%rc nf oAAitrion81 sheet- I report to the trustees on my examination of the accounts of the above charity I'the Trust I for the year ended 3111212024. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Acl and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(51{b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's ststement I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Date: 08/1012025 Name: SAMUEL PARISH Relevant professional qualification{sl or body (if any): FCCA Address: 58 Little Meadow Bar Hill, Cambridge CB23 8TD IER October 2018