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← Gilbert Deya Ministries

2024-12-31-accounts

REGISTERED CHARITY NUMBER: 1051722

GILBERT DEYA MINISTRIES

REPORT OF THE TRUSTEES

AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST DECEMBER 2024

GILBERT DEYA MINISTRIES

REPORT OF THE TRUSTEES

AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST DECEMBER 2024

Gilbert deya Ministries

Content of the Financial Statements For the year ended 31st December 2024

Page
Legal and Administrative Information 1
Report of the Trustees 2 - 5
Auditor's Report 6
Statement of Financial activities 7
Statement of Financial Position 8
Notes to the accounts 9 - 13
Detailed Statement of Financial Activities 14

Gilbert Deya Ministries

Legal and Administrative Information

Board of Trustees:

Vera Imarhiagbe Ms Hannah Ogunjinmi Karen Oyanda

Registered Charity Number

1051722

Registered Office: 1A Throwley Way Sutton Surrey SM1 4AF

Auditors A D Williams & Co Accountants Chartered Accountants & Statutory Auditors 102 Green Lane Morden SM4 6SS

Page 1

Gilbert Deya Ministries Report of the Trustees For the Year Ended 31 December 2024

The trustees present their report with the financial statements of the charity for the year ended 31st December 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity. The charity is constituted under a trust deed dated 3rd January 1996 and is a registered charity number 1051722

Recruitment and appointment of new trustees

The legal responsibility for the election of new trustees to Gilbert Deya Ministries Board lies with the Annual General Meeting (AGM).

The Board recognises that it has only limited control over the election of trustees at the AGM. It is accepted that Gilbert Deya Ministries members should be able to elect people to the board who they believe will best represent their interests. However the existing board members also have a responsibility to try to ensure that the needs of the organisation in terms of governance are met by those people elected. The Board seek to do this by adopting a system of recommending Trustee appointments to the membership using the steps detailed below. The membership will then be able to choose to elect a recommended candidate or to appoint another person to the board.

Trustees can delegate some aspects of recruitment of Trustees to Management, but they must ensure that they retain overall responsibility and control of the recruitment, selection and induction processes.

In recruiting new trustees, the existing trustees and management act in the best interests of Gilbert Deya Ministries and in accordance with the Charity Commission directives as laid out in CC30.

Induction and training of new trustees

All trustees are expected to attend:

As part of the induction process all trustees receive copies of the following:

Page 2

Gilbert Deya Ministries Report of the Trustees For the Year Ended 31 December 2024

Training

Continuous training is provided to trustees, pastors, staff and volunteers in various professional fields. Training is provided in the following areas: Pastoral services, Youth leadership, Eldership, Women leadership, Deliverance ministry and Evangelism

Review of Trustee's Performance

Each trustee will meet with the Chair on a one to one basis at least annually. This will be an opportunity for the Chair to give encouragement, support and feedback on performance. It is also an opportunity for each trustee to give feedback about the process and practice of being a trustee. Any issues of poor performance or misconduct to be addressed outside of this process and in a timely manner.

Risk management

The Trustees have conducted a review of the major risks which the Charity is exposed, in particular those relating to operations and finances of the Charity. The Trustees review the risks regularly at their meetings and are satisfied that systems are in place to mitigate the Charity's exposure to major risks. Appropriate Disclosure and Baring Service (DBS) checks, supported by relevant trainings and regularly-reviewed policies are made for all voluntary workers and members who work with children or other vulnerable groups with the Charity. Where appropriate, systems have been established to mitigate the risks the Charity faces. Significant external risks to funding have led to the development of a strategic plan which will allow for the diversification of funding and activities. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions.

Objectives and Aims

To seek the advancement of the Christian religion in accordance with the teachings of the word of God according to the bible and to educate people in the word of God. To teach the knowledge of Jesus Christ all over our area of operation and beyond.

In addition, to help in the relief of poverty in our areas of operation and beyond: directly to our immediate members, their families, members of the local, national and international community as occasion would demand in cash and in kind.

Each year our trustees review our objectives and activities to ensure they continue to reflect our aims and objectives. In carrying out this review, the trustees have considered public benefit application as below.

Public benefit

The trustees have considered the guidance produced by the Charity Commission on the provision of public benefit and they confirm that public benefit has been provided by

Page 3

Gilbert Deya Ministries Report of the Trustees For the Year Ended 31 December 2024

Volunteers

The charity continue to use the services of volunteers through the reporting year to the services of God and Mankind

ACHIEVEMENT AND PERFORMANCE

Charitable activities

Bible Study:

We held meetings at our worship centre that involve bible study, deliverance service, and prayer sessions for members and other people in the community in and around our operational environment and beyond through TV ministry

Ministration and Community Outreach:

We continue to offer ministration and outreach services to many people in the community free by our pastors and ministers. We continued to see the positive impact on our ministration activities in the lives of the members of our community, marriages are being saved and restored, and hope is given back to many who have lost hope; people are being help through very difficult financial crisis; members of families are being reunited and the spiritual lives of many people have been boosted through their attendance at our meetings and special gatherings; life-changing and soul- lifting messages are being shared with spiritlifting worship sessions.

TV Ministry:

The charity broadcast it services through television station which is aired out through different television stations in different countries.

Fundraising activities

The church raises funds through it members by the giving of tithes and offerings as donations to the services of the ministry.

Page 4

Gilbert Deya Ministries Report of the Trustees For the Year Ended 31 December 2024

FINANCIAL REVIEW

Reserves

It is the objective of the charity to ensure restricted funds are kept at a level which provides sufficient funds to cover management, administration and support costs on an ongoing basis. Based on the charity's size, the context of future plans, the level of our financial commitments and contractual obligations held, it's our policy to maintain restricted reserves of not less than equivalent of three months recurrent expenditure.

GOING CONCERN

After making enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue its objectives and activities for the public benefit for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements.

Further details regarding the adoption of the going concern basis are in note 1 ‘Accounting Policies’ in the financial statements.

STATEMENT OF TRUSTEES RESPONSIBILITIES

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website.

Approved by order of the board of trustees on ......................................................................... and signed on its behalf by:

Chair, Trustees

Page 5

Gilbert Deya Ministries Auditors Report to the Trustees For the Year ended 31 December 2024

We have audited the financial statements of Gilbert Deya Ministries for the year ended 31st December 2024 which comprise the Statement of Financial Activities, the Balance Sheet and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and the Financial Reporting Standard for Smaller Entities (effective January 2015) (United Kingdom Generally Accepted Accounting Practice applicable to Smaller Entities).

This report is made solely to the charity's trustees, as a body, in accordance with Section 144 of the Charities Act 2011 and regulations made under Section 154 of that Act. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Respective responsibilities of trustees and auditors

As explained more fully in the Statement of Trustees Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view.

We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with regulations made under Section 154 of that Act.

Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Board's Ethical Standards for Auditors.

Scope of the audit of the financial statements

An audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or error. This includes an assessment of: whether the accounting policies are appropriate to the charity's circumstances and have been consistently applied and adequately disclosed; the reasonableness of significant accounting estimates made by the trustees; and the overall presentation of the financial statements. In addition, we read all the financial and non-financial information in the Report of the Trustees to identify material inconsistencies with the audited financial statements and to identify any information that is apparently materially incorrect based on, or materially inconsistent with, the knowledge acquired by us in the course of performing the audit. If we become aware of any apparent material misstatements or inconsistencies we consider the implications for our report.

Opinion on financial statements

In our opinion the financial statements:

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities Act 2011 requires us to report to you if, in our opinion: - � the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements ; or

Date:

Page 6

Gilbert Deya Ministries

Report of the interim managers as an addendum to the Report of the Trustees for the year ended 31 December 2024

Aims and Objectives

Gilbert Deya Ministries (“GDM”, the “Charity”, or the “Church”) is a registered charity with objectives to seek the advancement of the Christian religion and to provide assistance for persons in condition of need, hardship or distress.

It was founded in 1995 by Gilbert Deya, and hosted congregations from premises in Sutton, London, and previously also in Manchester.

Statutory inquiry

In July 2016, the Charity Commission (“CC”) initiated an inquiry into the Charity to address concerns regarding the charity’s policies and practices.

In December 2020, the Church’s premises in Manchester were sold for £450k, with Trustees’ authorisation, but without apparently following best practice procedures. After making certain payments from the proceeds, the CC blocked the use of the remaining net proceeds of £404k to allow for further enquiries to be made.

In March 2021, the CC appointed FRP as Interim Managers to review and assess the Charity’s current financial and asset position and to make recommendations on the Charity’s viability and solvency.

In July 2021, the CC extended the Interim Managers scope to consider implementing new governance. This was to be achieved by either electing a new board of Trustees, a merger/collaboration with another Charity or the transfer of operations to a new charity that meets the Commissions requirements. Failing which, to examine the potential wind down of the Charity and distribution of its funds and/or property per the Charity’s Articles.

The main purpose of the Interim Managers’ appointment is to:

The Interim Managers are appointed with all the powers and duties of trustees and act to the exclusion of the current trustees (in respect of the charity’s administration and control of the charity’s finances) whilst continuing to enable the trustees to continue to hold religious services and conduct solely religious activities and manage the collection of donations.

The Charity’s trustees are all members of the Church and are clearly passionate and committed to their objectives. However, in the face of strong opinions from trustees with loyalties split between the Founder and his son, the board of trustees is dysfunctional and unable to reach agreement on even straightforward matters. This is made worse by the lack of trustees who are independent of the Church or hold professional qualifications.

Accounts

Whilst the Interim Managers were in office for the entirety of this accounting period, we are unable to verify the accuracy or completeness of the accounts for the year ended 31 December 2024, as some of the accounting safeguards that we introduced around the collection of cash have not been adhered to by the congregation. Furthermore, there is some suspicion that donations may have been diverted.

The Interim Managers’ investigations are ongoing and as such, the Interim Managers can only sign these accounts based on the information that has been provided to them and are unable to validate such information contained within the accounts.

It is currently not known how long the Interim Managers’ appointment is anticipated to last and what the outcome of their investigations are likely to be, or what effect these will have on the Charity’s future activities or viability.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies’ exemption.

On behalf of the board

Phil Reynolds Interim Manager

Gilbert Deya Ministries Statement of Financial Activities For the Year Ended 31 December 2024

Unrestricted
Funds
Notes
£
INCOMING RESOURCES
Incoming Resources from
generated funds
Donations
2
15,340
Other Income
Other incoming resources
3
12,713
Total Incoming Resources
28,052
RESOURCES EXPENDED
Resources expended on Charitable
Activities:
Charitable activities costs
4
7,762
Cost of generating voluntary income
5
6,445
Resources Expended
14,207
Other Resources Expended
Governance costs
6
460,221
Other support costs
7
284,674
744,894
Total Resources Expended
759,102
Net incoming resources for the year
(731,050)
RECONCILIATION OF FUNDS
Net movement in funds
(731,050)
(731,050)
Fund balances brought forward
1,272,131
Prior year adjustments
(4,355)
Fund balances carried forward
536,727		 Unrestricted
Funds
Notes
£
INCOMING RESOURCES
Incoming Resources from
generated funds
Donations
2
15,340
Other Income
Other incoming resources
3
12,713
Total Incoming Resources
28,052
RESOURCES EXPENDED
Resources expended on Charitable
Activities:
Charitable activities costs
4
7,762
Cost of generating voluntary income
5
6,445
Resources Expended
14,207
Other Resources Expended
Governance costs
6
460,221
Other support costs
7
284,674
744,894
Total Resources Expended
759,102
Net incoming resources for the year
(731,050)
RECONCILIATION OF FUNDS
Net movement in funds
(731,050)
(731,050)
Fund balances brought forward
1,272,131
Prior year adjustments
(4,355)
Fund balances carried forward
536,727		 Restricted
Funds
£
-
-		 Total
Funds
2024
£
15,340
12,713
28,052
7,762
6,445
14,207
460,221
284,674
744,894
759,102
(731,050)
(731,050)
(731,050)
1,272,131
(4,355)		 Total
Funds
2023
£
83,416
186
28,052 - 83,602
7,762
6,445		 -
-		 44,924
6,672
14,207 - 51,596
460,221
284,674		 -
-		 55,058
17,236
744,894 - 72,294
759,102 - 123,890
(731,050) - (40,288)
(731,050) - (40,288)
(731,050)
1,272,131
(4,355)		 -
-
-		 (40,288)
1,586,328
(273,909)
536,727 - 536,727 1,272,131

Page 7

Gilbert Deya Ministries Balance Sheet At 31 December 2024

Notes
Fixed Assets
Tangible fixed assets
11
Current Assets
Debtors
12
Cash at bank and in hand
Creditors: Amounts falling due
within one year
13
Net Current Assets
Creditors: Amounts falling due
after more than one year
13a
Net Assets
Funds
14
Unrestricted Funds
Restricted Funds		 Unrestricted
£
-
-
124,538
562,280
686,818
(89,043)
597,776
(61,049)
597,776
Funds		 Restricted
Funds
£
-
-
-
-		 Total
2024
£
-
-
124,538
562,280
686,818
(89,043)
597,776
(61,049)
536,727
536,727
-
536,727
Funds		 Total
Funds
2023
£
1,280,000
1,280,000
124,538
16,051
140,589
(87,409)
- 53,180
-
-		 (61,049)
1,272,131
1,272,131
-
1,272,131

The financial statements were approved by the Board of Trustees on …......................... and were signed on its behalf

Chair of Board of Trustees

Page 8

Gilbert Deya Ministries Notes to the Financial Statements For the Year Ended 31 December 2024

1 Accounting Policies

Accounting Convention

The accounts have been prepared in accordance with all applicable accounting standards, the Statement of Recommended Practise (SORP), “Accounting and Reporting by Charities” revised 2015, except for the alternative headings that have been used in the Statement of Financial Activities, as the Trustees feel that the revised headings make the accounts easier to read for a non-financial audience. The principal accounting policies adopted in the preparation of the accounts are set out below.

The charity constitutes a public benefit entity as defined by FRS102.

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the charitable company qualifies as a small charitable company.

Incoming Resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Grants and Donations

Income from grants and donations is included in incoming resources when these are receivable.

Resources Expended

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.

Cost of generating funds

Cost of generating funds are those costs relating to the generation of income and includes cost related to the management of the charities activities.

Allocation and apportionment of costs

Support cost are those cost related to shared activities of the organisation and are apportioned on a basis considered appropriate to the underlying activities.

Governance costs

Governance costs are the costs associated with the strategic direction of the charity and with meeting regulatory responsibilities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustee. Restricted funds can only be used for particular restricted purposes within the objects of the charity Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Fixed Assets and Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property
Motor vehicle 20%
Plant and machinery 20%

Page 9

Gilbert Deya Ministries Notes to the Financial Statements For the Year Ended 31 December 2024

2
Voluntary Income
Tithes, Offerings and Donations
Rental Income
Other income
3
Other Incoming Resources
Bank Interest received
Resources Expended
4
Charitable activities cost
Volunteer Expenses
Travel and subsistence - Charitable
PI claim settlement
Charity donation
Cleaning
Motor Vehicle expenses
5
Cost of generating voluntary income
Rent and Rates
Fundraising expenses
Light and heat
Building repairs and maintenance
Musicians and sound-setup
6
Governance costs
Accountancy fees
Bank charges
Credit card charges
Legal fees
Other professional and legal costs		 31.12.2024
£
15,340
-
-
15,340
31.12.2024
£
12,713
12,713
31.12.2024
£
671
-
5,000
-
2,091
-
7,762
31.12.2024
£
1,400
160
-
-
4,885
6,445
31.12.2024
£
8,000
220
-
89,430
362,571
460,221		 31.12.2023
£
81,906
1,500
10
83,416
31.12.2023
£
186
186
31.12.2023
£
36,477
2,809
-
3,466
2,172
-
44,924
31.12.2023
£
3,218
-
1,800
1,654
-
6,672
31.12.2023
£
8,000
196
1,461
4,450
40,951
55,058

Page 10

Gilbert Deya Ministries Notes to the Financial Statements For the Year Ended 31 December 2024

7
Other support costs
Telephone and internet
Printing postage and stationery
Sundry expenses
Other property expenses
Equipment and furniture expenses
Loss on disposal of building
Insurance
Utilities
Software
VAT Irrecoverable
Security cost
8
NET INCOMING/(OUTGOING) RESOURCES
Net resources are stated after charging/(crediting):
Auditors' Remuneration
Depreciation - owned assets
Other accountancy fees		 31.12.2024
£
301
-
830
8,588
-
180,000
6,577
1,847
-
82,931
3,600
284,674
31.12.2024
£
-
-
8,000
8,000		 31.12.2023
£
1,929
711
1,675
-
556
-
7,933
-
592
3,840
-
17,236
31.12.2023
£
-
-
8,000
8,000

9 TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.

There were no trustees' expenses paid neither for the year ended 31 December 2024 nor for the year ended 31 December 2023.

10 STAFF COSTS
Wages and salaries
Social security costs
Management and administration
The average monthly number of employees during the year was as follows:		 31.12.2024
£
-
-
-
31.12.2024
-
-		 31.12.2023
£
-
-
-
31.12.2023
-
-

No employees received emoluments in excess of £60,000.

Page 11

Gilbert Deya Ministries Notes to the Financial Statements For the Year Ended 31 December 2024

11 Tangible Fixed Assets

All assets relate to the Charity and are used for charitable purposes.

Cost
At 1st January 2024
Improvements
Additions
Disposal
At 31st December 2024
Depreciation
At 1st January 2024
Charge for the year
At 31st December 2024
Net Book Value
At 31st December 2024
At 31st December 2023
12
Debtors
Legal claim suspense
Other debtors - VAT recoverable
13
Creditors: Amounts falling due
within one year
Accrued expenses - Accountancy fee
Accrued expenses - N. Kamara Services LTD
Other creditors
BDB Pitmans - Client Account
Legal claims payable - short term
13a
Creditors: Amounts falling due
More than one year
Legal claims payable - Long term		 Land &
Buildings
£
1,280,000
-
-
(1,280,000)
-
-
-
-
-
1,280,000		 31.12.2024
£
85,049
39,489
124,538
31.12.2024
£
8,000
-
53,839
3,204
24,000
89,043
31.12.2024
£
61,049
61,049		 Total
£
1,280,000
-
-
(1,280,000)
-
-
-
-
-
1,280,000
31.12.2023
£
85,049
39,489
124,538
31.12.2023
£
8,000
1,570
53,839
-
24,000
87,409
31.12.2023
£
61,049
61,049

Page 12

Gilbert Deya Ministries Notes to the Financial Statements For the Year Ended 31 December 2024

14 MOVEMENTS IN FUNDS

Unrestricted fund
Restricted funds		 At
1st Jan
2024
£
1,272,131
-
1,272,131		 At
Movements
Prior year
31st Dec.
in funds
Adj.
2024
£
£
£
(731,050)
(4,355)
536,727
-
-
-
(731,050)
(4,355)
536,727

14 SUMMARY MOVEMENT IN FUNDS FOR THE YEAR

Unrestricted funds
Restricted funds		 Incoming
resources
£
28,052
-
28,052		 Resources
expended
£
(759,102)
-
759,102		 Movement
in funds
£
(731,050)
-
(731,050)

Page 13

Gilbert Deya Ministries Notes to the financial statements

For the Year ended 31 December 2024

INCOMING RESOURCES
Tithes, Offerings and Donations
Other income
Rental Income
Bank Interest received
Total income resources
RESOURCES EXPENDED
Other Charitable activities cost
Volunteer Expenses
Travel and subsistence - Charitable
PI claim settlement
Charity donation
Cleaning
Cost of generating voluntary income
Rent and Rates
Fundraising expenses
Light and heat
Muscian and sound set-up
Building repairs and maintenance
Governance costs
Accountancy fees
Bank charges
Credit card charges
Legal fees
Other professional and legal costs
Support Costs
Telephone and internet
Printing postage and stationery
Sundry expenses
Other property expenses
Equipment and furniture expenses
Loss on disposal of building
Insurace
Utilities
Software
VAT Recoverable - floating
Security cost
Total Resources Expended
Net Expenditure		 31.12.24
£
15,340
-
0
12,713
28,052
671
-
5,000
-
2,091
7,762
1,400
160
-
4,885
-
6,445
8,000
220
-
89,430
362,571
460,221
301
-
830
8,588
-
180,000
6,577
1,847
-
82,931
3,600
284,674
759,102
(731,050)		 31.12.23
£
81,906
10
1,500
186
83,602
36,477
2,809
-
3,466
2,172
44,924
3,218
1,800
-
1,654
6,672
8,000
196
1,461
4,450
40,951
55,058
1,929
711
1,675
-
556
-
7,933
-
592
3,840
-
17,236
123,890
(40,288)

Page 14