JUBILEE CHRISTIAN MINISTRIES INTERNATIONAL FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2020 



## **JUBILEE CHRISTIAN MINISTRIES INTERNATIONAL INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2020** 

## Trustee Report. 

We certify that the attached Financial statements correctly reflects the charities activities for the financial year. 

The trustees of the charity present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provision of the Statement of Recommended Practice (SORP) 'Accounting and Peporting by charities' issued in March 2005. REFERENCE AND ADMINISTRATIVE DETAILS 

Registered Charity number 296349 

Registered office Grove Business Centre 560-568 High Road Tottenham N17 9TA 

Trustees 

Mr S Danso Rev M MacCarthy Mrs J Adjei 

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document 

The charity is controlled by its governing document, a deed of trust, and constitution 

## Recruitment and appointment of new trustees 

Two Board Members are nominated by two of the trustees 

three persons may be co-opted. The elected members are elected for a period of Four years at a time Membership of the Charity is open to all the residents of the community and the general public Induction and training of new trustees 

On appointment, new trustees to the charity are provided with copies of, or are directed to the Charity Commission briefing material covering a trustee's job description and what the Essential Trustee' needs to know. No formal training is deemed necessary for a new trustee. On the job training is deemed to be best method of trainng. 

## 18…day of …October….2021 

## Trustee; 

Mr Steven Danso……………………………………………………….. 



## **JUBILEE CHRISTIAN MINISTRIES INTERNATIONAL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED DECEMBER 31, 2020** 

|**INCOMING RESOURCES**<br>**From Charitable Activities**<br>Gift and Donations<br>Gift Aid<br>Grant<br>**RESOURCES EXPENDED**<br>Travel and Subsistence<br>Rates<br>Rent<br>Payroll Expenses<br>Telephone<br>Utilities<br>Printing, Postage & Stationary<br>Missions/Special programes/ Events<br>Depreciation<br>Office expenses<br>Bank charges<br>Website/Software expenses<br>Expense Equipment<br>Welfare/Social Activities<br>Training<br>Subscription<br>Repairs<br>Professional fees<br>Adverising<br>Total Resources Expended<br>Surplus/Deficit<br>Surplus/Deficit b/f|**RESTRICTED**<br>**UNRESTRICTED**<br>**FUNDS**<br>**FUNDS**<br>**2020**<br>**2019**<br>0<br>44,051<br>53,616<br>10,336<br>8,011<br>20548.55<br>20,549<br>0<br>20548.55<br>74,935<br>61,627<br>2,602<br>7,450<br>635<br>1,030<br>24,260<br>25,460<br>26,659<br>18,016<br>887<br>763<br>739<br>977<br>283<br>306<br>1,701<br>300<br>658<br>0<br>302<br>147<br>390<br>824<br>116<br>40<br>136<br>56<br>2,178<br>876<br>0<br>40<br>300<br>838<br>0<br>0<br>0<br>800<br>0<br>160<br>0<br>61,844<br>58,084<br>13,091<br>3,544<br>-2,552<br>-6,096<br>0<br>10,539<br>-2,552|
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## **JUBILEE CHRISTIAN MINISTRIES INTERNATIONAL BALANCE SHEET AS AT 31 DECEMBER 2020** 


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2020 2019<br>FIXED ASSETS<br>Plant and Equipments 12600.78<br>  Accum Depreciation 9970.47 2,630 0<br>Fixtures and fittings 13771.15<br>  Accum Depreciation 13771.15 0 0<br>Computer 2250<br>  Accum Depreciation 2250 0 0<br>2,630 0<br>CURRENT ASSETS<br>Cash in hand and at Bank  11,150 846<br>NET CURRENT ASSETS 13,780 846<br>CURRENT LIABILITIES<br>Creditors 2,255 1,949<br>Payroll Liability 271 107<br>Accruals 1,600 2,226<br>Net Assets 9654 -3436<br>Financed By<br>Ristricted Funds 0 0<br>Opening Balance Equity -3,436 -6,980<br>Surplus/Deficit 13,091 3,544<br>Funds available to members 9654 -3436<br>**----- End of picture text -----**<br>