HARVEST MISSION OUTREACH Financial Accounts and Trustees Report YEAR ENDED 31 MARCH 2025 CHARITY NO. 1058426
HARVEST MISSION OUTREACH FINANCIAL STATEMENTS DIRECTORS AND TRUSTEES REPORT YEAR ENDED 31 MARCH 2025 LEGAL AND ADMINISTRATIVE INFORMATION The organisation is a charity registered on the 02 October 1996. The charity is governed by declaration of trust made on the 09 September 1996. REGISTERED ADORESS 34 ELECTRIC LANE LONDON SW9 8JT REGISTERED CHARITY NUMBER 1058426 CHARITY TRUSTEES MR SAMPSON ADETONA MR LAWRENCE AKINSOLA MRS REBECCA AKINSOLA MS TIMAREECE JOEFIELD SECRETARY MR TIMAREECE JOEFIELD BANKERS Nalwesl Bank 65 Peckham High Street London SE15 5RZ ACCOUNTANT Nuama & Co Ltd 102 Abbey Road London SW16 6NR
HARVEST MISSION OUTREACH FINANCIAL STATEMENTS DIRECTORS AND TRUSTEES REPORT YEAR ENDED 31 MARCH 2025 TRUSTEES REPORT Status The Charity is constituted by a constitution and registered with the Charity Commissioners under charity number1058426 Charitable Objects The Objects ofthe Charity are the advancementof.. The Christian religion through but not exclusively the provision of services, religious education classes, seminars and crusades. Within these Objects, the Charity also has various permanent endowments and un-endowed trust funds held for special purposes in connection with the acquisitionldevelopment of a permanent place of worship. Board Policy The Charity provides information, contacts, helps, counselling and financial support for charity members and the community at large. It is our policy to provide a building with various facilities to contribute to the com munity. Review of activities and achievements In Ihe year 202412025, we have seen tremendous change and improvement in the way the charity is run. The Increased in the incoming donations received during the year under review was due to increase in church attendance after lifting of restriction on gathering during Covid-19 period. We have been able to achieve more on the objectives of the charity this year than the previous years due to the increased in activities even though the offerings and donations were less. We were able to engage in the Community activities this year 202312024, more than we had ever done. One of which is the Britain Arise Prayer Event for the country, held in different cities around the country. The event attracts people from various ethnic backgrounds at every gathering to pray for the nation. Also, we were able to engage more with the community through our feeding the homeless progfamme. In addition, we undertake a mission work in India, where thousands responded to the gospel. We also provide a food programme for the poor, homeless and the orphans during our mission In India. Our aim for the future is to further our work in helping the poor both here and abroad, especially the orphans. Furthermore, we are aware that we need to look for avenues to increase our donations to enable us to do more charitable activities. Financial activities and results The total incomin resources for the year amounted to £66,29912024 - £101,021) leading to a deficit of £34,722 as at 31, March 2025.
HARVEST MISSION OUTREACH FINANCIAL STATEMENTS DIRECTORS AND TRUSTEES REPORT YEAR ENDED 31 MARCH 2025 Investment powers, policy and performance The trustees, investment powers are governed by the constitution of the charity. Reserves The board has continued to ensure thatthe expenditure is focused on the smooth running ofthe charity to meet her daily needs of fulfilling the objectives. Risk Management The Trustees examine the major risks that the Ministry faces each financial yearwhen preparing and updating the strategic plan. The charity has developed systems to monilorand control these risks to mitigate any impact that they may have on the organisation in the future. Accounting and reporting responsibilities The Charities Act1993 requires the Trustees ofthe Charity to prepare financial statements for each financial year which give a true and fair view of the Charity's financial activities during the year and of its financial position at the end of the year. In preparing thefinancial statements, the Trustees should follow best practiceand Select suilableaccounting policies and apply them consistently, Makejudgements and estimates that are reasonable and prudent; Followapplicableaccounting standards and thecharities SORP, disclosing and explaining any departures in the financial statements, and Prepare the financial statements on the going concern basis unless it is inappropriate lo assume that the Charity will continue in operation. The Trustees are responsible for keeping accounting records, which are such as to disclose, with reasonable accuracy, the financial position of the Charity at any time, and to enable them as trustees to ensure that the financial statements comply with charity law. The Trustees are also responsible for safeguarding the Charity's assets, and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Board of Trustees and signed on its behalf by: U4W 09/10/,202,5 Pastors. Adetona Date
ACCOUNTANTS, AND INDEPENDENT EXAMINER'S REPORT I reportontheaccountsoftheTrust fortheyearended 31 March2025, asare setout m pages 6 to10. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required forthis year under section14411) of the Charities Act1911 (the 2011 Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 ofthe Act., to follow the procedures laid down in the general Directions given by the Charity Commission under section 145{5)(b) of the 2011 Act., and To state whether particular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordan with the general Directions given by the Charity Commission. An examination includesa review oftheaccounting records kept bythe charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'tfue and fair view, and the report is limited to those matters set out in the Statement below. Independent examiner's statement In connection with my examination, no matter has come to my attention.. 111 Which gives me reasonable causeto believe thatin any material respectthe requirements to keep accounting records in accordance with section ofthe Act., and to prepare accounts which accord with the accounting records and comply with the accounling requirements of the 2011 Act have not been met., or {21 Towhich, in my opinion, attention should be drawninorderto enablea properunderstanding ofthe accounts to be reached. Yaw Nuama Nuama & Co 102 Mitcham Lane London SW16 6NR
HARVEST MISSION OUTREACH FINANCIAL STATEMENTS DIRECTORS AND TRUSTEES REPORT YEAR ENDED 31 MARCH 2025 STATEMENT OF FINANCIAL ACTIVITIES 2025 202S 2024 2023 Restricted Unrestricted Total Total INCOMING RESOURCES Activities to further the charity's objects Tithe, Offering and Donations (Note 2) Gift Aid Other Incoming resources from charitable activities 66,299 75,160 60,742 25,860 10.301 Total Incoming Resources 66,299 101,020 71,042 RESOURCES EXPENDED Costs of activities in furtherance of the company's objects Chanlable Activities (Note 31 36,247 36,668 16,730 Governance Costs (Note 4) 59,403 54531 42,298 Total Resources Expended 95,650 91,199 59028 Net Incomingl (Outgoing) Resources 129,351} 9,822 12,014 Totsl Fund5 Brought Forward 30.722 29,900 8,886 Total Fundscarried Forward
HARVEST MISSION OUTREACH FINANCIAL STATEMENTS DIRECTORS AND TRUSTEES REPORT YEAR ENDED 31 MARCH 2025 BALANCE SHEET 2025 2025 2024 2024 FIXED ASSETS { note 5) 1,487 2631 CURRENT ASSETS Debtors Cash and Bank 5,700 32,698 CURRENT LIABILITIES Creditors within one year ( note 6) 15,8171 14,6071 NET CURRENT ASSETS 1117) 28,091 Creditors - Not within one year NET ASSETS 30,722 Capital And Reserves Equity Shareholder's Fund I Ilossl 1,370 30,722 NET ASSETS These accounts are prepared in accordance with the SORP 2005 All incoming resources and resources expended derivefrom continuing activities. The Financial Statements were approved by the board and signed on its behalf by. 09- 10-209,5 Pastors. Adetona Date
HARVEST MISSION OUTREACH FINANCIAL STATEMENTS DIRECTORS AND TRUSTEES REPORT YEAR ENDED 31 MARCH 2025 NOTES TO THE FINANCIAL STATEMENTS- 31 March 2025 ACCOUNTING POLICIES Accountin Convention & Com liance Theseaccounls havebeendrawn uponthebasisola going concern andlhefinancial slalemenlsprepared under the historical cost convention in accordance with applicable Standards, Financial Reporting Standards and the Charities Acts 1992 & 1993. The slalemenls comply with best practice and rellecl the requirements ol the revised Slalement of Recommended Practice, Accounting and Reporting by Charities ISORP 20051 Reco nition of Income andEx enditure Income and Expenditureare recognised onan accrual basis. Donationsand legaciesareaccounledloras received and accrued only when a value can be established before payment is received. General Fund Revenue grants and other income and expenditure associated with the general operations of the charity and ils international projects are dealt with In the General Fund. Restricted Fund These comprise donations, legacies 01 other income, the use of which has been specified by the donor. There is currently no restricledfund Endowment Fund There is currently no endowment fund. De reciation Al fixed assets over£ I,(tQ are C2lIsed. thqrge fordepwatw is calojthd to wnte off tre crst of the fixed assets overts'r useful the fclkw toss.. Fixture fillingand equipment 25,/0 reducing balance
HARVEST MISSION OUTREACH FINANCIAL STATEMENTS DIRECTORS AND TRUSTEES REPORT YEAR ENDED 31 MARCH 2024 2. Donations and Similar Incoming Resources 2025 202S Restricted Unrestricted 2025 Totsl 2024 Totsl Tithes & offering Gift aid 66,299 66,299 75,160 66,299 66,299 101,020 3. Charitable Actlvities 2025 2024 Missionl Program Donation Britain Arise Music Ministry Honorarium 562 2450 9,230 1,850 5,896 2,456 12,170 5,976 36 247 4. GOVERNANCE COSTS 2025 2024 Legal & Professional Wages Repairs & maintenance Nest Rent Insurance Bank chargs Phone & IT Slalionery and printing Advertisement & promotions Energy & Water Equipment Depreciation Travel & motor 1,220 14,932 163 507 29,537 345 61 2,143 830 3,435 1,896 223 1,144 2,967 59,403 2,060 19,245 300 507 21,753 450 1,235 985 3,019 2,086 735 1.144 1,012 $4,531
HARVEST MISSION OUTREACH FINANCIAL STATEMENTS DIRECTORS AND TRUSTEES REPORT YEAR ENDED 31 MARCH 2024 S. Fixed Assets Furniture & Fittings Totsl COST Al 1 April 2024 Additions Disposals At 31 March 2025 18,979 18,979 18,979 18,979 DEPRECIATION Accumulated Depreciation Chargefortheyear 16,348 15,204 17,492 16,348 NET BOOK VALUE At 01 April 2025 At 01 April 2024 1,487 2,631 2,631 3,775 6. CREDITORS - falling due within one year 2025 2024 Trade Creditors Accrual Other Creditors 2000 3817 1.000 3,607 10