CHARITY No 01067910 COMPANY No 03412337
CHRIST UNITED MINISTRIES INTERNATIONAL (A Company Limited by Guarantee)
TRUSTEES’ REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] DECEMBER 2021
CHRIST UNITED MINISTRIES INTERNATIONAL (A Company Limited by Guarantee)
CONTENTS
| Page | ||
|---|---|---|
| 1. | Legal and Administrative Information | 1 |
| 2. | Trustees’ Report | 2-3 |
| 3. | Independent Examiner’s Report | 4-5 |
| 4. | Statement of Financial Activities | 6 |
| 5. | Income and Expenditure Account | 7 |
| 6. | Balance Sheet | 8-9 |
| 7. | Notes to Financial Statements | 10-13 |
CHRIST UNITED MINISTRIES INTERNATIONAL (A Company Limited by Guarantee)
Legal and Administrative Information
| Charity Number | 1067910 |
|---|---|
| Company Registration Number: | 34412337 |
| Business Address: | Unit 5, 17 Argall Avenue |
| Argall Industrial Estate | |
| London | |
| England | |
| E10 7QE | |
| Registered Address: | 59 Colin Gardens |
| Collingdale | |
| London | |
| NW9 6EP | |
| Trustees: | Matthew Adetoyese OLUWAJOBA |
| Olumuyina Bamidele OLASHORE | |
| Olusegun GOMES | |
| Secretary: | Rosemary Alabi |
| Accountants: | Charterbrook Accountants |
| Chartered Management Accountants & | |
| Business Consultants | |
| 117 Island Business Centre | |
| 18-36 Wellington Street, | |
| Woolwich | |
| SE18 6PF |
Page 1
CHRIST UNITED MINISTRIES INTERNATIONAL
(A Company Limited by Guarantee)
The trustees’ report (incorporating the directors’ report) for the year ended 31 December 2021.
The trustees at this moment present their report and the financial statements for the year ended 31 December 2021 in accordance with the governing policy of the charity and the requirements of the Charity Commission. The trustees, who are also directors of the company and served during the year and up to this report, are Reverend Mathew Adetoyese Oluwajoba, Pastor Olumuyiwa Olashore and Pastor Olusegun Gomes.
Structure, governance, and management
Structure
Christ United Ministries International is a charity registered with the Charity Commission in England and Wales, registration number 1067910.
Governance
Its memorandum and articles of association govern the charity.
Management
The trustees, the chairperson leads, are responsible for day-to-day management and administration. The selection of trustees is based on a suggestion, their qualifications, availability for meetings, and areas of expertise, but most importantly, their commitment to achieving the charity's primary goals. The trustees meet regularly in formal and informal settings to discuss any legislative, management, procedural, and ethical concerns that need to be resolved and the best ways to do so within the legal framework. All charity operations, trustee decisions, and day-to-day management are considered to comply with all legal obligations.
Objectives and activities
The objective of charity is the advancement of the Christian religion.
Achievements and performance
Impact On The Community
The Charity organisation is still actively involved in enhancing the lives of youth and adults who are both elderly and young during this time and increasing gospel evangelism. Post-Covid-19 continues to impact the charity's operations despite the low member ingathering, which increased with time. Nevertheless, the charity considers the diversity of its community in all aspects of its activities. It seeks to sway opinion and raise awareness of its presence and, more crucially, its primary goal of helping the community. In the upcoming year, we hope the conditions will be favourable for the church to carry out its primary goals of enhancing community life to the best of its abilities.
Work In The Community
During the year, the church continues to reach out to the needy, especially church members and the destitute within and outside the community.
Financial review
To their knowledge, the trustees considered the charity’s financial position adequate. The principal funding sources have been voluntary donations and offering from its members. Expenditure in the year, as indicated on page 5 of the financial statements, was better when compared with the income of last year.
Plans for future periods
The charity has it in view of broadening its achievements during the following year’s financial period through more voluntary activities, buying more vans/buses that can be used to move members on Sunday. To meet its primary objectives, it will further exploit all other avenues open to it within its governing document and the regulatory framework.
Page 2
CHRIST UNITED MINISTRIES INTERNATIONAL
(A Company Limited by Guarantee)
Report of the trustees (incorporating the directors’ report) for the year ended 31 December 2021 (continues).
Statement of trustees’ responsibilities
The trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law and the United Kingdom Generally Accepted Accounting Practice.
Company law 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 surplus or deficit of the charity for that period. In preparing these financial statements, the trustees have taken into consideration the following:
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suitable accounting policies and then applied them consistently;
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made judgments and estimates that were reasonable and prudent; and
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prepared the financial statements on a going concern basis and having no knowledge that the charity would not continue in operation in the following year.
Small company provisions
This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.
Signed and Dated On behalf of the Board: