2019-04-01
07197228
2020-03-31
07197228
2019-04-01
2020-03-31
07197228
uk-bus:Director1
2019-04-01
2020-03-31
07197228
uk-bus:Director1
2020-03-31
07197228
uk-bus:Director2
2019-04-01
2020-03-31
07197228
uk-bus:Director2
2020-03-31
07197228
uk-bus:Director3
2019-04-01
2020-03-31
07197228
uk-bus:Director3
2020-03-31
07197228
uk-bus:Director4
2019-04-01
2020-03-31
07197228
uk-bus:Director4
2020-03-31
07197228
uk-bus:Director5
2019-04-01
2020-03-31
07197228
uk-bus:Director5
2020-03-31
07197228
uk-bus:Director6
2019-04-01
2020-03-31
07197228
uk-bus:Director6
2020-03-31
07197228
uk-bus:Director7
2019-04-01
2020-03-31
07197228
uk-bus:Director7
2020-03-31
07197228
uk-bus:CompanySecretary1
2019-04-01
2020-03-31
07197228
uk-char:TotalUnrestrictedFunds
2019-04-01
2020-03-31
07197228
2019-03-31
07197228
2018-04-01
2019-03-31
07197228
uk-core:WithinOneYear
2020-03-31
07197228
uk-core:WithinOneYear
2019-03-31
07197228
uk-char:TotalUnrestrictedFunds
2020-03-31
07197228
uk-char:TotalUnrestrictedFunds
2019-03-31
07197228
uk-core:ComputerEquipment
2019-04-01
2020-03-31
07197228
uk-core:CommunicationNetworkEquipment
2019-04-01
2020-03-31
07197228
uk-char:Activity1
2019-04-01
2020-03-31
07197228
uk-core:FurnitureFittings
2019-03-31
07197228
uk-core:CommunicationNetworkEquipment
2019-03-31
07197228
uk-core:CommunicationNetworkEquipment
2020-03-31
07197228
uk-core:FurnitureFittings
2020-03-31
07197228
uk-core:FurnitureFittings
2019-04-01
2020-03-31
07197228
uk-core:AfterOneYear
2020-03-31
07197228
uk-core:AfterOneYear
2019-03-31
07197228
uk-char:TotalUnrestrictedFunds
uk-char:MaterialFund1
2019-04-01
2020-03-31
07197228
uk-char:TotalUnrestrictedFunds
uk-char:MaterialFund1
2018-04-01
2019-03-31
07197228
uk-char:TotalUnrestrictedFunds
2018-04-01
2019-03-31
07197228
uk-char:MaterialFund1
2019-04-01
2020-03-31
iso4217:GBP
xbrli:pure
07197228
uk-bus:AuditExemptWithAccountantsReport
2019-04-01
2020-03-31
07197228
uk-bus:FRS102
2019-04-01
2020-03-31
07197228
uk-bus:FullAccounts
2019-04-01
2020-03-31
Company number
:
07197228
|
JUBILEE CHRISTIAN CHURCH INTERNATIONAL (UNITED KINGDOM)
|
For the year ended 31 March 2020
Report of the Trustees and Unaudited Financial Statements
2
For the year ended 31 March 2020
JUBILEE CHRISTIAN CHURCH INTERNATIONAL (UNITED KINGDOM)
Contents Page
1 to 3
Report of the Trustees
4
Independent Examiner's Report to the Trustees
5
Statement of Financial Activities
6
Statement of Financial Position
7 to 13
Notes to the Financial Statements
3
For the year ended 31 March 2020
JUBILEE CHRISTIAN CHURCH INTERNATIONAL (UNITED KINGDOM)
Report of the Trustees
The Trustees
,
who are also directors for the purposes of company law
,
have pleasure in presenting their report and
|
the financial statements for the charitable company for the year ended
31
March
2020
.
The Trustees have adopted
|
the provisions of Accounting and Reporting by Charities
:
Statement of Recommended Practice applicable to charities
|
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of
|
Ireland
(
FRS
102
) (
effective
1
January
2019
).
|
OBJECTIVES AND ACTIVITIES
|
The objectives of the Church are set out below: To advance the Christian faith in accordance with the statement of beliefs appearing in the schedule hereto in the community and in such other parts of the United Kingdom or the world as the trustees may from time to time think fit and to fulfil such other purposes which are exclusively charitable according to the law of England and wales and are connected with the charitable work of the charity.To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support in such parts of the united kingdom or the world as the trustees from time to time may think fit.
|
Statement on public benefit
|
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
|
1 of 13
4
For the year ended 31 March 2020
JUBILEE CHRISTIAN CHURCH INTERNATIONAL (UNITED KINGDOM)
Report of the Trustees Continued
ACHIEVEMENTS AND PERFORMANCE
Significant activities
Training and development as well as leadership training are the global vision and designed of activities at Jubilee Christian Church International (JCCI) worldwide. They will continue to take place from time to time throughout the year. These include Believers' Basic/Prayer Schools, Leadership History Makers (HMT) training programme, Team and Fellowship Leaders training programme and church workers and volunteers' programme. We also attend other relevant conferences, seminars and exhibitions designed to equip us to carry out the work of the ministry more effectively and to prepare us for even more growth and increase/expansion. Our main service is held on Sunday mornings and the first Friday evening of every month with focus on the teaching of God's word and prayer. The teachings are relevant to all aspects of our lives i.e. the Christian walk, education, career, business, family, relationships and creativity. The impact of these teachings is evident in the lives of our members. Jubilee Christian Church International continues to witness significant growth in all aspects of its work. We are fulfilling our vision of building and establishing people on the Word of God and empowering them to reach their full potentials in life. The Church has become a great place of refuge and strength to many, both young and old. People are discovering their purpose in life and there is a great momentum to step out and make an impact in their world.Our youth work is progressively going well with more young people attending the weekly meetings and regular training sessions. All our programmes and activities are designed to raise strong, vibrant and responsible young people who will grow up to have a positive impact in all their sphere of influence in the home, the church, the nation and beyond. Giving: In line with the objects of the church, we have continued to support members going through hardships through our welfare programmes. We also continue to support other charities who are involved in complementary works missions. In the summer season, we prepare a free for all barbeque event to reach out to our immediate neighbourhood. We also organise free for all coffee/tea morning throughout the year for the less privileged in our environment. Our focus in the immediate future is to procure a nine-seat mini bus to convey members to all church activities and programmed on a charitable relief and to purchase a property, a permanent place for Church activities which is in the best interest of the church. We also want to launch out into the community and beyond through dynamic evangelism and community focused programmes. We believe the church has a lot to offer individuals, families, and the whole community and we have it in plan to reach out to them more effectively.
|
In the twelve months under review, total income was £35,491; (2019: £42,844) and total expenditure was £42,005; (2019: £42,467). Net results for the year were (£6,515); (2019: £377), and carries forward funds of £9,011; ( 2019: £15,526). The Trustees continue to place emphasis on financial management to ensure that the funds within the organisation are property managed. The Trustees have implemented robust budgetary controls and continue to monitor costs to deliver a balanced budget for the future.
|
The Trustees believes that unrestricted funds which have not been designated for a specific use should be maintained so that in the event of a significant drop in funding, they will be able to continue the Charity's activities and are working towards achieving it. The aim is to build reserves levels to approximately 3 months of unrestricted expenditure.
|
2 of 13
5
For the year ended 31 March 2020
JUBILEE CHRISTIAN CHURCH INTERNATIONAL (UNITED KINGDOM)
Report of the Trustees Continued
Going concern
At the time of approving the accounts
,
the Trustees have a reasonable expectation that the Charity has adequate
|
resources to continue in operational existence for the foreseeable future
.
Thus
,
the Trustees
'
continue to adopt the
|
going concern basis of accounting in preparing the accounts
.
|
STRUCTURE
,
GOVERNANCE AND MANAGEMENT
|
Jubilee Christian Church International is a charitable company limited by guarantee and is controlled by its governing
|
document
;
the memorandum and articles of association incorporated on
22
March
2010
.
|
REFERENCE AND ADMINISTRATIVE INFORMATION
|
JUBILEE CHRISTIAN CHURCH INTERNATIONAL (UNITED KINGDOM)
Charity registration number
|
1135644
07197228
Company registration number
|
The trustees and officers serving during the year and since the year end were as follows:
Pastor Abiodun A Abiodun
Pastor Margaret Oke
Pastor Charles Onasile
Pastor Bernice Oyeneye
Evangelist Arike Olubowale
Pastor Matthew Oyeneye
Pastor Kolawole Jesubayode
Pastor Bernice Oyeneye
Tolu Obisesan
New Bond Accountants
4a - 6a Hythe Street
Dartford
DA1 1BX
.............................................................................
|
Approved by the Board of Trustees and signed on its behalf by
|
3 of 13
6
For the year ended 31 March 2020
JUBILEE CHRISTIAN CHURCH INTERNATIONAL (UNITED KINGDOM)
Independent Examiners Report to the Trustees
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 March 2020.
|
Responsibilities and basis of report
|
As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
|
Independent examiners statement
|
I have completed my examination
.
I confirm that no matters have come to my attention in connection with the
|
examination giving me cause to believe that in any material respect
:
|
1
.
accounting records were not kept in respect of the Company as required by section
386
of the
2006
Act
;
or
|
2
.
the accounts do not accord with those records
;
or
|
3
.
the accounts do not comply with the requirements of section
396
of the
2006
Act other than any requirement that
|
the accounts give a
'
true and fair view
'
which is not a matter considered as part of an independent examination
;
or
|
4
.
the accounts have not been prepared in accordance with the methods and principles of the Statement of
|
Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in
|
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(
FRS
102
).
|
I have no concerns and have come across no other matters in connection with the examination to which attention
|
should be drawn in this report in order to enable a proper understanding of the accounts to be reached
.
|
Tolu Obisesan
New Bond Accountants
4a - 6a Hythe Street
Dartford
DA1 1BX
19 November 2020
4 of 13
7
For the year ended 31 March 2020
JUBILEE CHRISTIAN CHURCH INTERNATIONAL (UNITED KINGDOM)
Statement of Financial Activities (including Income and Expenditure Account)
2019
Income and endowments from
:
|
35,490
42,832
2
1
12
3
35,491
42,844
(42,006)
(42,467)
4/5
(42,006)
(42,467)
(6,515)
377
Total funds brought forward
|
15,149
15,526
Total funds carried forward
|
9,011
15,526
5 of 13
8
JUBILEE CHRISTIAN CHURCH INTERNATIONAL (UNITED KINGDOM)
Statement of Financial Position
2020
2019
6,146
9,693
12
6,146
9,693
4,000
6,145
13
Debtors
591
1,128
4,591
7,273
Creditors
:
amounts falling due within one year
|
(1,726)
(1,440)
14
Net current assets
2,865
5,833
Total assets less current liabilities
|
9,011
15,526
Net assets
9,011
15,526
Unrestricted income funds
|
15
9,011
15,526
9,011
15,526
For the year ended 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
|
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,
|
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
|
The financial statements were approved and authorised for issue by the Board and signed on its behalf by
:
|
19 November 2020
6 of 13
9
For the year ended 31 March 2020
JUBILEE CHRISTIAN CHURCH INTERNATIONAL (UNITED KINGDOM)
Notes to the Financial Statements
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by 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 (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006. JUBILEE CHRISTIAN CHURCH INTERNATIONAL (UNITED KINGDOM) meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
|
At the time of approving the accounts, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the Trustees' continue to adopt the going concern basis of accounting in preparing the accounts.
|
Unrestricted funds are available for use at the discretion of the Committee in furtherance of their charitable objectives unless the funds have been designated for other purposes.
|
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy.
|
Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure:
|
The charity is exempt from corporation tax on its charitable activities.
|
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Computer Equipment
Other Equipment
7 of 13
10
For the year ended 31 March 2020
JUBILEE CHRISTIAN CHURCH INTERNATIONAL (UNITED KINGDOM)
Notes to the Financial Statements Continued
2
.
Income from donations and legacies
|
2019
2020
42,832
35,490
42,832
35,490
2019
2020
1
12
12
1
4
.
Costs of charitable activities by fund type
|
2019
2020
2,729
4,633
Charitable activities
39,738
37,373
Support costs
42,467
42,006
5
.
Costs of charitable activities by activity type
|
2019
2020
Support costs
Activities
|
undertaken
|
directly
|
Charitable activities
42,006
37,373
4,633
42,467
8 of 13
11
For the year ended 31 March 2020
JUBILEE CHRISTIAN CHURCH INTERNATIONAL (UNITED KINGDOM)
Notes to the Financial Statements Continued
6
.
Prior year adjustments
|
The accounts have been restated to correct errors in the debtor and bank balance of the prior period
.
It has not
|
been possible to determine where the error occurred therefore
,
the net assets is adjusted to reflect a decrease of
|
£3,620
:
|
Summary of prior year accounting impact
£
|
Decrease in net assets
3,620
|
7
.
Analysis of support costs
|
2019
2020
Management
35,446
37,517
Governance costs
1,927
2,221
39,738
37,373
8
.
Net income
/(
expenditure
)
for the year
|
This is stated after charging
/(
crediting
):
|
2020
2019
Depreciation of owned fixed assets
|
3,547
3,447
1,609
1,979
9 of 13
12
For the year ended 31 March 2020
JUBILEE CHRISTIAN CHURCH INTERNATIONAL (UNITED KINGDOM)
Notes to the Financial Statements Continued
9
.
Staff costs and emoluments
|
Total staff costs for the year ended
31
March
2020
were
:
|
2020
2019
1,668
2,563
1,668
2,563
2020
2019
1
Employees
During the year there was 1 employee from April - May 2019.
10
.
Trustee remuneration and related party transactions
|
During the year there were no related party transactions.
11
.
Comparative for the Statement of Financial Activities
|
The comparative year values on the Statement of Financial Activites are for unrestricted funds
.
|
10 of 13
13
For the year ended 31 March 2020
JUBILEE CHRISTIAN CHURCH INTERNATIONAL (UNITED KINGDOM)
Notes to the Financial Statements Continued
12
.
Tangible fixed assets
|
20,062
15,628
4,434
4,434
15,628
20,062
10,369
7,828
2,541
Charge for year
3,547
2,600
947
13,916
10,428
3,488
946
1,893
5,200
7,800
6,146
9,693
2020
2019
Amounts due after more than one year
:
|
4,000
6,145
4,000
6,145
14
.
Creditors
:
amounts falling due within one year
|
2020
2019
Accruals and deferred income
|
1,726
1,440
1,726
1,440
11 of 13
14
For the year ended 31 March 2020
JUBILEE CHRISTIAN CHURCH INTERNATIONAL (UNITED KINGDOM)
Notes to the Financial Statements Continued
Balance at
|
01
/
04
/
2019
|
Balance at
|
31
/
03
/
2020
|
General
15,526
35,491
(42,006)
9,011
General
15,526
35,491
(42,006)
9,011
Unrestricted Funds
-
Previous year
|
Balance at
|
01
/
04
/
2018
|
Balance at
|
31
/
03
/
2019
|
General
15,149
42,844
(42,467)
15,526
General
15,149
42,844
(42,467)
15,526
Purpose of unrestricted Funds
|
General
Unrestricted funds are available for use at the discretion of the Committee in furtherance of their charitable objectives unless the funds have been designated for other purposes.
|
16
.
Analysis of net assets between funds
|
Net current
|
assets
/
|
(
liabilities
)
|
Net Assets
Unrestricted funds
General
6,146
2,865
9,011
General
6,146
2,865
9,011
12 of 13
15
For the year ended 31 March 2020
JUBILEE CHRISTIAN CHURCH INTERNATIONAL (UNITED KINGDOM)
Notes to the Financial Statements Continued
Net current
|
assets
/
|
(
liabilities
)
|
Net Assets
Unrestricted funds
General
9,693
5,833
15,526
General
9,693
5,833
15,526
17
.
Company limited by guarantee
|
JUBILEE CHRISTIAN CHURCH INTERNATIONAL
(
UNITED KINGDOM
)
is a company limited by guarantee and
|
accordingly does not have a share capital
.
|
13 of 13