REGISTERED COMPANY NUMBER: N1040259 (Northern Irelgnd) REGISTERED CHARITY NUMBER: 103411 Report of the Trustees and Finaneial Statements for the Year Ended 31 July 2022 for Crown Jesus Ministries {A Company Limited by Guarantee) Mccleary & Company Ltd Chart¢ied Accountants Garvey Studios 14 Longstone Street Lisbum Co. Antrim BT28 ITP
Crown Jesus Ministries Contents of the Finaneial Ststements for the Year Ended 31 July 2022 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet 10 to 11 Notes to the Financial Statements 12 to 18 Detailed Statement of Financial Activities 19 to 20
Crown Jesus Ministries Report of the Trustees for the Year Ended 31 July 2022 The trustees who are also directors of the charity for the puOSe5 of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2022. Th¢ trustees have adopted the provisions of Accounting and Reporting by Charities: Staternent of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIvrrIES Our Vision Crown Jesus Ministries was birthed in May 1999 with an all Ireland 32 county vision, 'to see the people of Ireland crown Jesus Lord of their lives,. Their aim is to communicate Jesus in a relevant way through teams of staff and volunteers active in Children's, youth, student, adult and special education ministries. These teams deliver across Ireland and beyond in both a digital and physical way. The strategy is to not only be active in evangelism but to identify, raise up and equip evangelists across Ireland and to serve the local church in evangelism and training. Their reach may extend beyond the island of Ireland but only if it adds value to their vision on it. The ministry's HQ is based in Belfast. they have offices in Dublin and work out of th¢ir mission centres, Hope Monaghan and Hope Chapel Lane, in Belfast City Centre. We choose to go: Our Mandate Inspired by JFK'S moon speech in 1962, Crown Jesus have challenged themselves to a mandate of their own. In January of 2020, they committed that by the end of the decade, they would go into all 32 counties of Ireland. They choose to ensure that everyone has the opportunity to receive and respond to the transforming message of Jesus Christ and the hope He brings. In the words of JFK, it is a challenge we are unwilling to postpone and one we intend to win For more on the mandate visit www.crownjesus.orglour-story Pag¢ I
Crown Jesus Ministries Report of the Trustees for the Year Ended 31 July 2022 OWECTIVES AND ACTIVTTIES Our activities To achieve their vision, the ministry delivers a variety of programmes and events and provides training and resources, some of which are detailed below. Kl2ss Kids The children's department delivers bible-based programmes in schools and churches to primary school aged children. Each week they visit schools to take school assernblies, teach RE classes or run afterschool clubs and visit church GBIBB groups, Sunday schools and participate in church services. Using puppets alongside creative digital media and storytelling, the team reaches thousands of children each year. Crown Jesus Youth The youth department partners wtth Christian school teachers and youth leaders to deliver programmes that are culturaIly relevant and bible-based. Iway is an initiative for post-primary schools that seeks to engage the whole school through a series of special events and classroom workshops leading to an evening outreach event. Additionally, there are curriculum based RE classes that can be delivered in-person or through resources on CJMedia. HUB is an event run bi-annually for church youth group5 to come together and connect through worship. teaching and ministry. The team also deliver evangelism training. Adult Evangelism The adult department works alongside churches to support, train, and equip in evangelism. This ranges from partner church projects with an individual church or a group of churches, to delivering evangelism training in-person or online, to helping churches develop missional strategies. The School of Evangelism provides teaching and training for groups and individuals deliv¢red in-person and online. Go Groups are small groups that meet online with the purpose to equip, inspire, and release people into Christ-centred evangelism. Evangelists from across Ireland are encouraged to meet together for teaching and fellowship at the annual Evangelists, Gathering. Academy The Crown Jesus Academy provides young people with an opportunity to develop their faith and skills and experience ministry through our 'year out, programme. An additionaI year can be taken focusing on a specific thread of the ministry with encouragement to develop their own programme. CJMedia (cjmedia.online) Launched in Oct 2020, this resource website provides relevant resources, training and teaching material for school teachers. ministers, kids, youth workers and many others. The resources include videos, worksheets, keynotes and live streatns, produced by the in-house team or in partnership with other organisations. All resoUe5 are free of charge after registration is completed. Hope Monaghan Hope is a Missional Community Centre in Monaghan which offers practical Christian love through foodbank, soup lunches, prayer ministy and an after-school cafe for teenagers. It runs in partnership with a local church. Page 2
Crown Jesus Ministries Report of the Trustees for the Year Ended 31 July 2022 ORJECTIVES AND ACTIvIEs Hope Chapel Lane Situated in the heart of Belf&st City Centre, this mlssional hub is open Monday to Friday &8 the team work in partnership with a variety of agencies offering practical help and support with a focus of pointing people to the transforniing love of Jesus. Previously Berry Street Presbyterian, Hope Chapel Lane is a place to worship, serve, learn and Pray with a focus on revival and mission. A typical week involves, street evangelism and prayer on Monday, a student drop-in partnership with PCI Chaplaincy on Tuesday, Teen Challenge partnership on Wednesday and Friday, Revival Now gatherings on Thursday evenings and a Prayer Healing Clinic on Friday. Highlights from Aug 2021- July 2022 Looking back over the past 12 months there is much to be thankful for. Many of our programmes have resumed although there are still some limits and restrictions on in-person programmes, as schools and churches navigate post-covid life. The investment into digital delivery has brought significant opportunities to reach further and wider than before whil¢ being able to maintain and grow current and new relationships. Partnered with Boys, Brigade Nl for Mission 22. Filmed and produced 2 youth and 3 kids videos. 143 BB companies delivered the resources to 5,055 under I I's and 2.566 over I I's, with many boys responding and deciding to put their trust in Jesus. Built new relationships with churches in ROI and delivered l O Sunday services. Delivered evangelism training in ROI through 5 workshops in Navan, Limerick, Carlow, Kildare and Laois with multiple churches engaging at each location. Christm&8 Street outreach in Monaghan using our new evangelism display: The Greatest Gift Box. Klass Kids developed a digital Christmas resource for primary schools and delivered 53 interactive workshops which complimented the resource. The digital resource was used in 25 different primary and SEN schools and 10 churches reaching over 4,500 children. Started a new partnership with Shalom Christian Church to run Hope Monaghan. Got the k¢y5 to Beny Street Presbyterian Church in September 2021 and launched Hope Chapel Lane in October 2021. Key patherships ate with South Belf&st Presbytery, PCI Chaplaincy at Queens and TeenChalleng¢. Teaching at Teen Challenge college in UK (Oct 21). Klass Kids puppet assernbly was delivered 48 times across 20 primary schools. The youth team visited 75 post primary schools and I I churches throughout the year. Partnered with Discovery Church. Galway for a weekend long outreach delivering programmes for all the family, a youth event and evangelistic services seeing 10 people come to faith. Partnered with churches in Holywood, Co Down for a family fun day. New partnership developed with TBN UK, with Mitch filming a 5-week series and 2 3-minute shorts. which have aired regularly throughout the year. Youth team partnered with youth agencies across NI to support those working as Interns delivering 3 Interns Together days. Launched Revival Now at Hope Chapel Lane, running every Thursday night with teaching, worship and prayer focused on revival and evangelism. David Legge delivered 2 teaching series alongside teaching series from the team: Acts and Freedom. Obtained new offices in Dublin in May 2022 and raised fund5 for refurb. Partnered with Abbey Presbyterian and Braniel Church to help leadership develop mission strategies for their churches. Dadcamp ran as 2 daycamps. one for Fathers/Sons and a new one for Fathers/Daughters. Hope Healing prayer clinic launched in May 2022. Our Acadetny prograrnme hosted 3 y¢ar l interns and l year 2 intern. Missions Week saw the team raise over £25,000. Page 3
Crown Jesus Ministries Report of the Trust for the Year Ended 31 July 2022 OBJECTIVES AIYD ACTIVITIES Saw over 50 people come to faith over a 10-day period at Easter &8 we ran a full week E&ster outreach at Hope Chapel Lane alongside other preaching engagements. Children's team Easter puppet programme was delivered in 5 churches. Evangelists from across Ireland gathered in Oct 2021 at our Evangelists Gathering and enjoyed teaching and encouragement from Rico Tice and John Dickenson. Started refurbishment of the Mill to house 3 studios for filming and livestreaming. Children's digital content included an afterschool 'Guess Who, 4-week series, an Easter resource, Christm&8 video 'Elfie's Selfie, and Shine Kids (5-week programme for h0o1 SU groups and church groups). Youth digitsl content included 'Parable proje¢tlWhat's the story, (6-week programme for RE lessons and SU groups), SHINE (3 episodes in partnership with SU Ireland, SU England and Wales and SU Scotland and Logos Ministries), an Easter resource and filming started for 'Jesus plus One,, a schools, resource. Welcomed 6 new staff members to the team and I new dAre¢tor. The ministry is thankful for the ongoing and regular fmancial support received from individuals and churches. The ministry would also like to extend thanks to the following Trusts and Donors who have supported them during this financiaI year, many who wish to remain anonymous, but including Dept of Communities. Irish Temperance League, Dadcamp USA, Good News Evangelical Trust, Solomon Trust, and Lynas Charitable Trust. Our team Hello and welcome.. Josh Lynas - Videographer Bianka Paculunang - Graphic Designer Davy Lorimer- Street Evangelist John Marcus Ndege - Evangelist Nathan Cruise - Children's Evangelist Natalie Philips - Youth Evangelist Steven Thompson - Director NI Goodbye and thank you: Stephen Hamilton, Children's Evangelist The ministry wishes to thank Stevo for his creative input into developing and delivering fun and interactive Primary Schools programmes, in-person and online. His obvious passion for children's work has led him to teacher training. Stephanie Mcmaster - Youth Evangelist The ministy wishes to thank Steph for her hard work and commitment to developing and delivering excellent, culturally relevant programmes for youth. Her experience in drama and acting h&s been a huge asset to our digital content. David Beck - Director NI The ministry is indebted to David for his wisdom. guidance and support to the Board of Crown Jesus Ministries. Page 4
Crown Jesus Ministries Report of the Trustees for the Year Ended 31 July 2022 ORJECTIVES AND ACTIVITIES Public Benefit Requirement The Trustees have had regard to the public benefit requirement statutory guidance of The Charity Commission for Northern Ireland. FIIYANCIAL REVIEW Financial position At 31 July 2022 the total fidS of the Ministry amounled to £545,028 (2021:£513,127) comprising Unrestricted Funds of £447,200 (2021: £390,862) and Restricted Funds of £97,828 (2021.. £122,265). Reserves poliey The trustees have reviewed the reserves of the Ministry. Considering the variable income and substantially fixed commitments, the review concluded that to allow the mlnistry to be managed effectively and to ensure uninterrupted delivery of the Ministry's activities, general unrestricted reserves equating to approximately six months of operational costs should be attained. At 31 July 2022 the general unrestricted reserves were £111,216 (2021- £94,648) which is an incre&se but still represents less than our objective of six months operational costs. STRucfuRE, GOVERNANCE AND MANAGEMENT Governing document Crown Jesus Ministries is a company limited by guarantee. The company was incorporated on 21 February 2001. The company was established under a Memorandum of Association which established the objectives and powers of the company and is governed by its Articles of Association. The liability of its members is limited in that every member of the company undertakes to contribute an amount not exceeding £1 O in the event of the company being wound up. How the Ministry makes decisions The Trustees and senior management team meet approximately 8 times per year to set strategy, discuss significant matters, agree pay structures and review financial reports. During these meetings important decisions are made by the consensus of the Trustees. Day to day decision making responsibilities are delegated to the s¢nior management team of Keith Mitchell, Amanda Mitchell and Steven Halliday. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number N1040259 (Northern Ireland) Registered Charity number 103411 Registered office 7 Calvin Street Belfast BT5 4NS Page 5
Crown Jesus Ministries Report of the Trustees for the Year Ended 31 July 2022 Trustees Mr David Robert Edward Cleland Company Director Mr Nonnan Alexander Adams Accountant Mr Alastair Dunlop Coey Architect (resigned 9.11.21) Mr Michael Harrison School Teacher Mr David Beck Business Consultant (resigned 30.6.22) Dr Olwen Griffith Kerr Retired Principal Mr Robbie Frawley Chief Executive Mr Steven Thompson Chartered Accountant (appointed 24.3.22) Company Seeretary Mr David Robert Edward Cleland Independent Examiner John Mccleary FCA Chartered Accountants in Ireland Mccleary & Company Ltd Chartered Accountants Garvey Studios 14 Longstone Street Lisbum Co. Antrim BT28 ITP Approved by order of the board of trustees on 17 November 2022 and signed on its behalf by: Mr David Robert Edward Cleland - Trustee Page 6
Independent Examiner's Report to the Trustees of Crown Jesus Ministries I report on the accounts of the company for the year ended 31 July 2022, which are set out on pages nine to eighteen. Respective responsibilities of charity trustees and examiner As the charity's trustees (and also the directors for the puryoses of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Cornpanies Act 2006. Having satisfied rnyself that the charity is not subject to audit under company law and is eligible for independant examination, it is my responsibility to.. - examine the accounts under section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act state whether particular matters have come to my attention. Basis of the independent examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examination w&8 carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, 8nd seeking explanations from you &8 charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: l. That accounting records were not kept in accordance with section 386 of the Companies Act 2006 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and Principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland 4. That there is further infomiation needed for a proper understanding of the accounts to be reached. Independent examiner's statement Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. can confirm that I am qualified to undertake the examination because l am a registered member of Chartered AccountsJ]ts in Ireland which is one of the listed bodies. I have completed my examination and have no concerns in respect of the matters (l) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. John Mccleary FCA Chartered Accountants in Ireland Mccleary & Company Ltd Chartered Accountants Garvey Studios 14 Longstone Street Lisbum Co. Antrim Page 7
Independent Examiner's Report to the Trustees of Crown Jesus Ministries BT28 ITP 17 November 2022 Page 8
Crown Jesus Ministries Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 31 July 2022 31.7.22 Total funds 31.7.21 TotaI funds Unrestricted funds Restricted funds Notes INCOlktE AIYD ENDOWMENTS FROM Donations and legacies 320,775 104,797 425,572 305,359 Other income 35,678 35,678 129,266 Total 356,453 104,797 461,250 434,625 EXPENDrruRE ON Charitable activities Charitable activities Support costs 372,909 3,311 53,129 426,038 3,311 393,309 Total 376,220 53,129 429,349 393,309 NET INCOMEI(EXPENDITURE) (19,767) 51,668 31,901 41.316 Translers between funds 10 76,105 (76,105) Net movement in funds 56,338 (24,437) 31,901 41,316 RECONCILIATKON OF FUNDS Total funds brought forward 390,862 122,265 513,127 471,811 TOTAL FUNDS CARRIED FORWARD 447.200 97.828 545,028 513,127 The notes fonn part of these financial statements Page 9
Crown Jesus Ministries Balance Sheet 31 July 2022 31.7.22 Total funds 31.7.21 Total funds Unrestricted Restricted funds funds Notes FIXED ASSETS Tangible &gsets 335,984 335,984 296,214 CURRENT ASSETS Debtors C&sh at bank and in hand 8,198 113,874 8,198 241,702 4,944 247,912 127,828 122,072 127,828 249,900 252,856 CREDITORS Amounts falling due within one year (10,856) (30,000) (40,856) (35,943) NET CURRENT ASSETS 111,216 97,828 209,044 216,913 TOTAL ASSETS LESS CURRENT LIABILITIES 447,200 97,828 545,028 513,127 NET ASSETS 447,200 97,828 545,028 513,127 FUNDS Unrestricted funds Restricted funds io 447,200 97,828 390,862 122.265 TOTAL FUNDS 545,028 513,127 The charitable Company is entitled to ¢xemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022. The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2022 in accordance with Section 476 of the Companies Act 2006. The trnstees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surylus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with th¢ requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the haritable company. The notes forni part of these financial statements Page 10 continued...
Crown Jesus Ministries Balance Sheet- eontinued 31 July 2022 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 17 November 2022 and were signed on its behalf by.. Mr David Robert Edward Cleland - Trustee Mr Nornian Alexander Adams - Trustee The notes form part of these financial statements Pagell
Crown Jesus Ministries Notes to the Financial Statements for the Year Ended 31 July 2022 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing thelr accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain &%sets. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be MeUred reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be rwuired in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each &ss¢t over its estimated useful life. Freehold property Fixtures and fittings Motor vehicles Computer and studio equipment 20/0 on cost 20 % on reducing balance 200/0 on reducing balance 200/0 on cost Taxation The Charity is ex¢mpt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within th¢ objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Pension eosts and other post-retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 12 continued...
Crown Jesus Ministries Iyotes to the Financial Statements - continued for the Year Ended 31 July 2022 DONATIONS AND LEGACIES 31.7.22 31.7.21 Donations from churches, trusts and projects Donations from individuals Gift aid School of Evangelism & Academy Grants 228,451 114,158 26,081 6,882 50,000 155,173 98,696 31,681 8,746 11,063 425,572 305,359 Grants received, included in the above, are as follows: 31.7.22 31.7.21 HMRC covid recovery grant Department of Communities 11,063 50,000 50,000 11,063 NET INCOMEI(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): 31.7.22 31.7.21 Depreciation - owned &ssets 26,451 12,650 TRUSTEES, REMUNERATION AIW BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 July 2022 nor for the year ended 31 July 2021. Trustees, expenses Th¢re were no trustees, expenses paid for the year ended 31 July 2022 nor for the year ended 31 July2021. Page 13 continued...
Crown Jesus Ministries Notes to the Financial Statements - continued for the Year Ended 31 July 2022 STAFF COSTS 31.7.22 31.7.21 Wages and salaries Social security costs Other pension costs 253,981 19,508 7,135 258.311 18,499 7,26 E 280,624 284.071 The average monthly number of employees during the year was as follows: 31.7.22 15 31.7.21 15 Charitable activities No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds funds Total funds INCOME AND ENDOWI1NTs FROM Donations and legacies 216,159 89,200 305,359 Other income 129,266 129,266 Totsl 345,425 89,200 434,625 EXPElYDuRE ON Charitable activities Charitable activities NET INCOME/(EXPENDITURE) 360,705 (15,280) 32,604 56,596 393,309 41,316 Transfers behveen funds (3,669) 3.669 Net movement in funds (18,949) 60,265 41,316 RECONCILIATION OF FUNDS Total funds brought forward 409,811 62,000 471,811 TOTAL FUNDS CARRIED FORWARD 390,862 122.265 513,127 Page 14 continued...
Croivn Jesus Ministries Notes to the Finaneial Statements - continued for the Year Ended 31 July 2022 TANGIBLE FIXED ASSETS Computer Fixtures Freehold property Motor vehicles studio equipment fittings Totals COST At l August 2021 Additions Reclassification 294,120 65,232 2,000 (22,371) 26,840 386,192 66,221 64,221 22,371 At 31 July 2022 294,120 44,861 26,840 86,592 452,413 DEPRECIATIOIY At l August 2021 Charge for year Revaluation adjustments 25,967 5,882 51,196 1,134 (11,937) 12,815 2,805 89,978 26,451 16,630 11,937 At 31 July 2022 31,849 40,393 15,620 28,567 116,429 NET BOOK VALUE At 31 July 2022 262,271 4,468 11,220 58.025 335,984 At31 July 2021 268,153 14,036 14,025 296,214 DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 31.7.22 31.7.21 Accrued income 8.198 4,944 CREDrroRS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 31.7.22 31.7.21 Social security and other taxes Credit card account Other creditors Accruals and deferred income 2,878 2,478 3,500 32,000 2,878 1,085 7,500 24,480 40,856 35,943 Page 15 continued...
Crown Jesus Ministries Notes to the Financial Statements - continued for the Year Ended 31 July 2022 10. MOVEMENT IN FUNDS Net movement in funds Transfers between funds At 31.7.22 At 1.8.21 Unrestricted funds General fund General capital nd 94,648 296,214 (19,767) 36,335 39,770 111,216 335,984 390.862 (19,767) 76,105 447.200 Restricted funds Building and specific projects 122,265 51.668 (76,105) 97,828 TOTALFUNDS 513,127 31,901 545,028 Net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 356,453 (376,220) (19,767) Restricted funds Building and specific projects 104,797 (53,129) 51,668 TOTAL FUNDS 461,250 (429,349) 31,901 Comparatives for movement in funds Net movement in funds Transfers between funds At 31.7.21 At 1.8.20 Unrestricted funds General fund G¢n¢ral capital fund 113,091 296.720 (15.280) (3,163) (506) 94.648 296.214 409,811 (15,280) (3,669) 390.862 Restricted funds Building and specific projects 62,000 56,596 3,669 122,265 TOTALFUNDS 471,811 41,3E6 513,127 Page 16 continued...
CroivD Jesus Ministries Notes to the Finaneial Statements - continued for the Year Ended 31 July 2022 io. MOVEMENT IN FUNDS - continued Comparative net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 345,425 (360,705) (15,280) Restricted funds Building and specific projects 89,200 (32,604) 56,596 TOTAL FUNDS 434,625 (393,309) 41,316 A current year 12 months and prior year 12 months combined position is as follows.. Net movement in funds Transfers between funds At 31.7.22 At 1.8.20 Unrestricted funds General fund GeneraI capital fund 113,091 296,720 (35,047) 33,172 39,264 111,216 335,984 409,811 (35,047) 72,436 447,200 Restricted funds Building and specific projects 62,000 108,264 (72,436) 97,828 TOTAL FUNDS 471,811 73,217 545.028 A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 701,878 (736,925) (35.047) Restricted funds Building and specific projects 193.997 (85,733) 108,264 TOTAL FUNDS 895,875 (822,658) 73,217 Page 17 continued...
Crown Jesus Ministries Notes to the Financial Statements - continued for the Year Ended 31 July 2022 io. MOVEMENT IN FUNDS - continued General capital fund This fund is capital donations received specifically to purchase capital items. When the &sset is purchased the donation is transferred from restricted funds to general funds. However, as it has been used to purchase fixed assets, it is not available for funding of operational costs. 11. RELATED PARTY DISCLOSURES On l August 2021, Crown Jesus Ministries held £20,000 belonging to Crown Jesus Ministries ROI. During the year. £10,000 was paid to Crown Jesus Ministries ROI, and a further £20,000 recieved from funders relating to Crown Jesus ROI. On 31 July 2022 £30,000 is held belonging to Crown Jesus ROI. This is included in accruals and deferred income. Norman Adams and Robbie Frawl¢y are Trustee's of both Crown Jesus Ministries and Crown Jesus Ministries ROI. Pag¢ 18