Charity Number: 1041640 TRUSTEES, REPORT AND FINANCIAL STATEMENTS INCOME AND EXPENDITURE STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
Reports and Accounts Contents Page Administrab've Details Independent Examinerfs report Trustees Report Statement of Financial Aclivil*s Balance Sheet Notes lo the Accounts
ADMINISTRATIVE DETAILS OF THE CHARITY AND ITS TRUSTEES Board of Trustees PaslorA O Iruobe Evelyn Odiaka Principal office address 18 Upland Road Kent DA7 4NR Accountants Nuama & Co Ltd 102 Milcham Lane Strealham London SW166NR Bankers Barclays Bank plc Dartford High Street Dartford
Report of Trustees Tho trusteas present their report and a¢count$ for the yoar ended 30th September 2023 Hope of Glory International Ministries Annual Report of Activities and Achiev¢ments12022-20231 Executive Summary The 2022-2023 ministry year marked a season of significant growth, transformation, and impact for Hope of Glory International Ministnes. With Increased church attendance and rising financial support, we expanded our outreach deepened our community engagement, and advanced our mission to empower individuals, strengthen families, and serve communities. This report outlines the key programmes, initiatives, and aGhievements that defined our year. 1. Growih in Attendance and Financial Support Throughout the year, we experienced a steady increase in church attendance, reflecting renewed spiritual hunger and community connection. This growth clirectly contributed to a rise in charitable donations, enabling us lo scale our operations and deliver on our mission with greater reach and effectiveness. The financial uplift allowed us lo expand our outreach programmes, enhance tmining initiatives. and provide more comprehensive support lo those in need. 2. EmpoweTment and Fellowship Programmes We delivereLI a robust calendar of empowerrnenl events targeting both men and women. Our flagship Women's Empowerment Convention was complemented by regular breakfast meets'ngs and Tea & Coffee mornings, which addressed vital life topics Including health and well-being, parenting, entrepreneurship, and career development. These gatherings fostered holistic growth, spiritual encouragement, and meaningful dialogue. The Annual Mothers Arise Prayer Ministry continued to be a cornerstone of spiritual engagement, drawing women from diverse backgrounds into collective intercession. The programme generated numerous testimonials, affirming ils role in spiritual renewal and personal transformation. 3. Family and Relationship Enrichment Recognising the importance of strong family foundations, we hosted multiple Marriage Enrichment Seminars and provided couples counselling Sessions. These Inilialives offered biblical guidance and practical tools for relational healing, communication, and covenant resloralion. Feedback from participants highlighted improved marital dynamics, renewed commitrnenl, and strengthened family bonds. 4. Youth Development and Skills Training Youth engagement remained a slralegic priority. We conducted computer literacy workshops, music training sessions, and multimedia development programmes for both young people and adults. These initiatives equipped participants with esgential digital and creative skills, enhanced employability, and fostered mentorship ancl leadership development. The programmes also provided safe spaces for expression, learning, and spirilLJal growth. 5. Community Outreach and Seasonal Giving Our outreach efforts expanded significantly, with largeled seasonal campaigns and on-going monthly support. During Christmas, we executed a door-to4oor giveaway initiative, distributing chocolates, biscuits, and Christmas turkeys lo families in need. At Easter, we conducted high street distributions of Easter eggs, promoting joy, generosity, and community connection. In addition lo Ihese seasonal campaigns, our monthly outreach programme provided free food and beverages lo vulnerable Individuals. These acts of compassion were mel with heartfelt gratitude and inspiring leslimonials, reinforcing the ministry's role as a beacon of hope and practical support. 6. Expanded Community Initiatives and New Proyrammes In response lo emerging needs, we introduced several new initiatives to deepen our community impact. The Back- to-school Support Drive distributed essential school supplies to children from low-income households, helping them begin the academic year with confidence and dignity. We launched Mental Health Awareness Seminars, addressing emotional resilience, stress management, and faith- based approaches to mental health. These sessions served both youth and adults, offering practical tools and spiritual encouragement. Our Community Clean-up and Beautification Day mobilised volunteers lo restore public spaces, promote environmental stewardship. and demonslrale active love for the neighbourhood. These inilialives reflect our
INT commitment to holistic transformation spiritually, socially, and environmentally. Conclusion and Outlook Hope of Glory International Ministries has made subslanlial strides in fulfilling its mission lo empower lives, restore families, and transform Communities. The achievements of 2022-2023 reflect a deepening of impac[ a broadening of reach, and a strengthening of spiritual and social infrastructure. As we look ahead lo the corning year, we remain commilled lo innovation, inclusivity, and excellence in service-conlinuing lo shape lives and communities through faith, compassion, and action. QHRIST.IAFLQEb Objective of the charity as laid down by the Trust Deed The Core objects of the charity continue lo be.. To establish churches, ministries and community events To organise conventions. conferences and seminars To carry out missionary activities and To promote festivals. celebrations and exhibib'ons. REVIEW OF CTIVITIES AND FUTURE DEVELOPMENTS The slalemenl of financial activities is sel out on page 7 of the financial statements. A 5napshol of the financial results is sel out below.. Income Generation The main source of income Is from lithes, offerings and donations from members. During the year under review the income decreased by 0.69010 to £117,388 12022 £118,209). These figures include amounts received or due under the Gift Aid system. rhe decrease 15 due lo relocation ol the church and also decreases in members due lo distance to the new church location. Investment Policy At present the Trustees have decided lo leave all surplus funds in the account with IheiT principal bankers. Fundraising Activities The charity relies solely on contributions from its members. The charity does not employ any professional fundraising bodies. Restricted Funds There are no reslricled funds operated by the charity- Al funds are available for use at the discretion of the Trustees.
Reserves Policy The Trustees have decided to spend as much money as possible on furthering the core objects of the charity whilst maintaining sufficient cash funds lo ensure the sustainability of the charity. To achieve this. the Trustees have decided to maintain an amount in the bank account lo cover al least a minimum of three months of normal expenditure in addition to any known additional expenditure. Review of charity activities The charity has continued to undertake activities in line with ils objectives and has seen growth in giving ID Ils work. Governance and Internal Control Appointments of Trustees are done by the existing Trustees with consultation of the view of the church members as lo trustworthiness of each person. Risk Assessment The Trustees consider the key operational, financial and strategic risks that may have a bearing on the activities of the charity. SLJilable management information is available to the Trustees on a regular basis to monitor these risks and allow any mitigating action lo be taken lo address them. Trustees. Responsibiltties Charity law requires the Trustees lo prepare financial statements for each financial year which give true and fair view of the slate of affairs of the charity and of ils financial activities for the year. In preparing those financial statements. the Trustees are require to: 1 select suitable accounting policies and apply them consislenlly., 2 make judgments and eslimales that are reasonable and prudent., 3 slate whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures dis¢bsed and explained in the financial slatemenls. 4 prepare the financial statements on the going eoncern basis unless il is inappropriate lo assume that the charity will continue in operation. The Trustees are responsible for keeping accounting and financial records which disclose with reasonable accuracy at any time the financial position of the chaiity and to enable them to ensure that the financial statements comply with the Charities Acts 1993. They a also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and dete¢tion of fraud or other irregulanlies. The report was approved by the Board on the 12 May 2024 and signed on ils behave by Pastor A O Iruobe In6e Trustee Chairman
THE GLORIOUS CHURCH INTERNATIONAL CHRISTIAN CENTRE Independent Examiner's Report to the Trustees of the Charity for the year ended 30 Septernber 2023 IndependentExaminer's Statement, report and opinion Subject lo the limitations upon the scope of my work as detailed above in eonne¢lion with my examination, I can confirm that 1} In accordance with Regulation 31 of The Charities (Accounts and Reports) regulations 2008 (The Regulations) the accounts of this incorporated charity are not required to be audited under Part 16 of the Companies Act 2006,. this is a report in respect of an examination carried out under section 145 of the Act and in accordance with any directions given by the Commission under SLJbseclionl5llbl of that section which are applicable., and that, no maller has come lo my allention in connection with my examination which gives me reasonable cause lo believe that in any material respect the requirements.. il lo keep accounting records in accordance with section 386 of the Companies Act 2006., ill to prepare financial slatemenis which accord with the accounting records and comply with the accounting requirements of section 396 of the Companies Act 2006 and., iii} that the financial slalements be prepared in accordance with the methods and principles sel out in the Slalement of Recommended practice ~ Accounting and Reporting by Charities have not been mel", or 21 to which, In my opinion, attention should be drawn in my report in order to enable a proper understanding of the ccounls to be reached. Yaw Nuama Nuama &Co Ltd Chartered Certified Accountants 102 Milcham Lane London SW166NR
THE GLORIOUS CHURCH INTERNATIONAL CHRISTIAN CENTRE STATEMENT OF FINANCIAL ACTIVITIES IINCOME AND EXPENDITURE ACCOUNTS) FOR THE YEAR ENDED 30 SEPTEMBER 2023 UNRESTRICTED FUNDS UNRESTRICTED FUNDS 2023 2022 INCOMING RESOURCES Tithes, gift aid and sirnilar income resources 192,411 118.209 TOTAL INCOMING RESOUCES 192.411 118,209 RESOURCES EXPENDED Charitsble 8clivities Governance costs 175.563 6,668 110,374 6,413 TOTAL RESOURCES EXPENDED 182,231 116,787 MOVEMENT IN TOTAL FUNDS FOR THE YEAR- NET INCOMEIEXPENDITURE} FOR THE YEAR 10,180 1.422 TOTAL FUNDS AS AT 30 September 2022 10.417 8,995 TOTAL FUNDS AS AT 1 October 2023 20.597 10,417
THE GLORIOUS CHURCH INTERNATIONAL CHRISTIAN CENTRE BALANCE SHEET AS AT 30 September 2023 Notes 2023 2022 FIXED ASSETS TANGIBLE FIXEDASSETS 12,668 12,668 5,755 5,755 CURRENT ASSETS Deposits and Cash at Bank 8,679 8,679 5,412 5,412 LIABILITIES Creditors." Amounts falling due within one year 17501 17501 Net current assets 7,929 4,662 TOTAL ASSETS LESS CURRENT LIABILITIES 20,597 10,417 CHARITY FUNDS Unreslricled funds 20,597 10,417 TOTAL FUNDSIIDEFICITS 20,597 10417 We approve these accounts which comprise the Receipts & Payments, Statements of Assets & Liabilities and related notes. We acknowledge our responsibility for the accounts, including the appropriateness of the accounting basis as set out in note 1, and for providing all the information and explanations necessary for their compilation_ J Iruo6e .1010412026............ Dated Trustee ctorItuo6¢ .1510412026............. Trusteo Dated On behalf of the Charity
THE GLORIOUS CHURCH INTERNATIONAL CHRISTIAN CENTRE Profil And Loss Account For the year ended 30 September 2023 2023 2022 Income Gift aid JRS Grants Tithe & offerings Total income Expense5 Charitable activltles Building Project Children's ministry Electricity Equipment expensed Hiring of Hall Honorariurn Insurance Legal and professional Communion Motor expenses Music Rent Repairs and maintenance soare Stationery and printing Telèphone and fax Travel and subsistence Wages and salaries Web & internet Welfa Women's ministry 41,458 39,254 917 78,038 150,953 192,411 118,209 36,640 3,150 1,429 12,731 5,430 15,940 35,613 1,848 1,115 699 3,732 13,537 2,902 650 1,175 239 605 30,961 4,027 9,274 28,800 17,322 1.998 345 1,114 464 29 10,010 393 3,431 1,382 22,536 8,541 4,792 175,564 110,374 Governance costs Accountants fees Bank charges Cleaning Depreciation Publicity and advert Sundry expense5 1,750 58 1,399 3,287 750 228 4,933 174 495 6,668 6.413 Total expenditure 181,130 116,787 Surpluslldeficitl 11,281 1,422 Fund balance bd Fund balance clfyvd 10,417 12,362 8.995 10.417
THE GLORIOUS CHURCH INTERNATIONAL CHRISTIAN CENTRE Notes to the financial statements for the year ended 30 September 2023 1 TANGIBLE FIXED ASSETS Furniture, fitting and equipment Motor vehicle Total 2 COST Al 1 October 2022 Additions 63,534 10,200 16.435 79,969 10,200 As 30 September 2023 16435 DEPRECIATION Al 1 October 2022 Charge lor the year 63,534 10680 3,287 74,214 3.287 As 30 September 2023 63 534 NET BOOK VALUE As 30 September 2023 00 2468 As 30 September 2022 5,755 5,755 STATEMENT OF FUNDS BROUGHT FORWAF<D INCOMING RESOURCES CARRIED RESOURCES EXPENDITURE FORWARD Unreslricled funds General fvnds 10,417 10,417 192411 192411 182231 182231 20 597
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