Company registration number NI624708 (Northern Ireland)
JESUS GENERATION CHURCH
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024
JESUS GENERATION CHURCH
COMPANY INFORMATION
Directors Mr B C Quilario Mr R Pabito Mr E H Flores Company number NI624708 Registered office 105 Frances Street Newtownards Co Down BT23 7DX Accountants Stanley Woods & Co Alexander House 49 / 51 Church Street Newtownards Co Down BT23 4AN Business address 105 Frances Street Newtownards Co Down BT23 7DX
JESUS GENERATION CHURCH
CONTENTS
| Page | |
|---|---|
| Directors' report | 1 |
| Accountants' report | 2 |
| Income and expenditure account | 3 |
| Balance sheet and notes to the financial statements | 4 - 5 |
JESUS GENERATION CHURCH
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 MAY 2024
The directors present their annual report and financial statements for the year ended 31 May 2024.
Principal activities
By holding Church Services and public meetings for praise, worship, bible teaching, prayer, healing and fellowship.
Directors
The directors who held office during the year and up to the date of signature of the financial statements were as follows:
Mr B C Quilario Mr R Pabito Mr E H Flores
Balance brought forward has been restated to reflect the payments made towards the purchase of Frances Street that had previously been accounted for as rent.
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption.
On behalf of the board
Mr E H Flores Director
26 February 2025
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JESUS GENERATION CHURCH
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF JESUS GENERATION CHURCH
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Jesus Generation Church for the year ended 31 May 2024, which comprise the income and expenditure account and the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rulesand-standards/rulebook.html.
It is your duty to ensure that Jesus Generation Church has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Jesus Generation Church is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Jesus Generation Church. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Stanley Woods & Co
26 February 2025
Certified Accountants
Alexander House 49 / 51 Church Street Newtownards Co Down BT23 4AN
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JESUS GENERATION CHURCH
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MAY 2024
| Income Cost of raw materials and consumables Staff costs Depreciation and other amounts written off assets Other charges Surplus |
2024 £ 122,845 (58,256) (22,468) (4,367) (24,707) 13,047 |
2023 £ 128,471 (47,997) (22,533) (4,766) (24,383) 28,792 |
|---|---|---|
- 3 -
JESUS GENERATION CHURCH
BALANCE SHEET
AS AT 31 MAY 2024
| 2024 £ Fixed assets Current assets 56,097 Creditors: amounts falling due within one year (1,737) Net current assets Total assets less current liabilities Net assets Reserves Notes to the financial statements 1 Employees The average number of persons, including directors, employed by follows: Employees |
2023 £ £ £ 87,430 89,035 40,710 (1,002) 54,360 39,708 141,790 128,743 141,790 128,743 141,790 128,743 the company during the year was as 2024 2023 Number Number 1 1 |
£ 89,035 39,708 |
|---|---|---|
| 128,743 | ||
| 128,743 | ||
| 128,743 |
The average number of persons, including directors, employed by the company during the year was as follows:
Jesus Generation Church is a private company limited by guarantee incorporated in Northern Ireland. The registered office is 105 Frances Street, Newtownards, Co Down, BT23 7DX.
For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and the provisions applicable to companies subject to the small companies regime.
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JESUS GENERATION CHURCH
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024
The financial statements were approved by the board of directors and authorised for issue on 26 February 2025 and are signed on its behalf by:
Mr B C Quilario
Director
Company registration number NI624708 (Northern Ireland)
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JESUS GENERATION CHURCH
DETAILED TRADING AND PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 MAY 2024
| Turnover Tithes Offerings Gift aid Cost of raw materials and consumables Functions and conferences Gifts Guest speakers and music Missions Staff costs Directors' remuneration Directors' social security costs Directors' pension costs - defined contribution scheme Depreciation and other amounts written off assets Depreciation Other charges Consumables Pastor costs Rates Power, light and heat Property repairs and maintenance Insurance Travelling expenses Accountancy Bank charges Printing and stationery Telecommunications Sundry expenses Surplus for the year |
£ 27,224 13,920 210 16,902 18,000 1,228 3,240 4,367 9,807 6,300 491 2,043 1,054 1,346 528 960 112 1,136 917 13 |
2024 £ 82,578 14,096 26,171 122,845 (58,256) (22,468) (4,367) (24,707) 13,047 |
£ 24,175 7,114 271 16,437 18,000 1,293 3,240 4,766 8,503 6,526 - 2,482 2,283 1,234 508 918 352 604 810 163 |
2023 £ 99,060 8,861 20,550 128,471 (47,997) (22,533) (4,766) (24,383) 28,792 |
|---|---|---|---|---|