REGISTERED CHARITY NUMBER: 1070584 (England and Wales)
Report of the Trustees and
Financial Statements for the Year Ended 31 December 2024
For
FRONTLINE MINISTRIES (ENFIELD)TRUST
FRONTLINE MINISTRIES(ENFIELD)TRUST
Contents of the Financial Statements for the Year Ended 31 December 2024
| Contents | Page |
|---|---|
| Contents | 1 |
| Report of the trustees | 2-7 |
| Independent Examiner | 8 |
| Statement of Financial Activities | 9 |
| Balance Sheet | 10 |
| Notes to the Financial Statements | 11-13 |
| Detailed Statement of Financial Activities | 14 |
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FRONTLINE MINISTRIES(ENFIELD)TRUST
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 31
December 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1070584
Principal Address
12 Lincoln Crescent
Enfield
EN1 1JY
Trustees
Mr Dayo Olusesi - Chair Reverend Olayinka John -Trustee Pastor Adeniyi John - Trustee Pastor Omoniyi Ajayi - Trustee Mr Emmanuel Akiboye -Secretary
Bankers Barclays Bank Upper Edmonton Edmonton London N28 8TT
HSBC Romford Branch 9 Market Place Romford Essex RM1 3AF
Independent Examiner
AE Accountax Ltd Unit 1, Reynard House 5A Castlefield Road Reigate RH2 0SA
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FRONTLINE MINISTRIES(ENFIELD)TRUST
Report of the Trustees for the year ended 31 December 2024
The Trustees are pleased to present their Annual Report with the independently examined accounts of Frontline Ministries (Enfield) Trust for the year ended 31 December 2024.
FINANCIAL RESULTSFOR THE YEAR
The results of the year’s operation are set out in the financial statements below. The net movement in funds for 2024 amounted to a surplus of £8766 and a surplus of £10,070 in 2023.
FINANCIAL REVIEW
Frontline Ministries is dependent on incoming resources from support of worshippers and ministry partners in donations, via standing orders, the envelope system, and making use of the Gift Aid Scheme. Although income was reduced this year, because the conference was not held, yet the net movement in funds was a surplus
RESERVE POLICY
The Trustees have reviewed their free reserve policy and are satisfied that the unrestricted fund meet the requirements to enable Frontline Ministries (Enfield) Trust to meet its obligations in the event of a shortfall in income or sudden upturn in expenditure.
RISK MANAGEMENT
The trustees have examined the major risk which Frontline Ministries (Enfield) Trust faces and believes that maintaining our free reserves at a reasonable level, combined with our annual review of the controls over key financial system will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which we face and confirm that they have established systems to mitigate the significant risks.
FUNDS AVAILABLE
The present level of funding is adequate to support the continuation of the charity operations for the medium term, and trustees consider the financial position of the charity to be satisfactory.
VOLUNTEERS
Frontline Ministries (Enfield) Trust recognizes the significant contributions made by volunteers.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated
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FRONTLINE MINISTRIES(ENFIELD)TRUST
charity.
Report of the Trustees for the year ended 31 December 2024 (Continued)
Objectives and Principal Activities:
The overall objectives of the charity are:
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The advancement of the Christian Faith in accordance with the teachings of the bible.
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The advice and relief to the poor, aged, sick and those in conditions of hardship and distress.
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Other charitable purposes as the Trustees may determine from time to time.
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FRONTLINE MINISTRIES(ENFIELD)TRUST
Report of the Trustees for the year ended 31 December 2024 (Continued)
ACHIEVEMENT AND PERFORMANCE FOR THE YEAR 2024
Charitable Activities
The ministry continues to thrive with the many arms of the ministry functioning well.
We also continue to host the Tuesday Apostolic Prayer evening for all denominations.
During our Apostolic conference in March 2024, the ministry appointed Min. Timi and Min Folake as helpers and leaders in the ministry. They will, amongst other things, coordinate the newly started Prayer Hubs .
Frontline Revival Church
We continue to hold Sunday and Thursday services.
There has been a strong cohesion between church families. For Christmas the church arranged a subsidized Christmas lunch at a restaurant.
In February 2024 the church held an online couple’s night dealing with communication, sex and finances. Which proved beneficial to members and a few invited couples.
In March 2024 we held an online financial seminar tagged Financial Stability in Times Like These . This was handled by Pastor Funmi Johnson. The meeting was impactful with many people from outside the church joining in.
In July 2024 we began to meet at Holbrook Christian Fellowship church’s venue in Waltham Cross. On 25[th ] October 2024 we held a Paise and Worship night tagged Before the Throne. We had visitors join in.
In August 2024, the church went to South End on Sea for a church day out. It was a good time of bonding and some of those irregular attendees showed up to fellowship with us.
Annual Conference – Wind of Revival
Was held at The Kings House church 14[th ] – 16[th ] March 2024 as non-residential conference, incorporated was the 12 hours of prayer & worship. Apostle Theodore Effiong and Pastor Jon Colyer were guest ministers.
Revival Prayer Push UK (RPPUK)
Prayer meetings continue online every Monday from 5am to 8am. Praying for revival in UK. We also held our yearly 50 days of prayer from 31[st ] March to 19 May 2024. This was daily prayers from 5am to 8am with different people leading prayers from various backgrounds on zoom.
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FRONTLINE MINISTRIES(ENFIELD)TRUST
Travailing Parents
Interdenominational prayers for children occur every 3rd Saturday of the month on Zoom. General prayers are made for both young and adult children, with specific prayer points also addressed and testimonies of answered prayers shared. This platform provides additional support for parents experiencing issues with their children. Min Folake Oloruntoba leads these meetings on behalf of Frontline Ministries.
Prayer Hubs
The prayer hubs are designed to encourage people in groups of no more than 12 to pray consistently for their local areas. A number were set up, namely: Coventry, Derby, Nottingham, Mid Wales, Birmingham, and different London boroughs. They are to pray for two hours per week and meet face to face.
Report by Pastor Niyi John.
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FRONTLINE MINISTRIES(ENFIELD)TRUST
STATEMENT OF BOARD 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:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
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.
Approved by order of the board of trustees on 31 October 2025 and signed on its behalf by:
Adeniyi John - Trustee 31/10/2025
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FRONTLINE MINISTRIES(ENFIELD)TRUST
Independent Examiner's Report to the Trustees of Frontline Ministries (Enfield) Trust
I report on the accounts for the year ended 31 December 2024 set out on pages three to ten.
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 for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
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examine the accounts under Section 145 of the 2011 Act
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to follow the procedures laid down in the General Directions given by the Charity Commission (under Section145(5)(b) of the 2011 Act); and
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to state whether particular matters have come to my attention
Basis of the independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, 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 'true and fair view ' and the report is limited to those matters set out in the statements below.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act;
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the accounts do not accord with those records;
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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
Signature ………………………………………………… Date…31/10/2025…………
Bim Ewetade
Independent Examiner
FCCA, BA (HONS) Accounting & Finance, AFA, AFTA
Incorporated Financial Accountant, AE Accountax Ltd
M: 07541 465529 01737 479528
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FRONTLINE MINISTRIES(ENFIELD)TRUST
Statement of financial activities
| Notes | Unrestricted funds |
Restricted income funds |
Total Funds | Total Funds | ||
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | |||
| Incoming resources | Yr 2024 | Yr 2023 | ||||
| Donations & Legacies | 2 | 39800 | 3,268 | 43,068 | 52,422 | |
| Other Incoming Resource | - | |||||
| Other(interests etc.) | 89 | 89 | 6 | |||
| Gift Aid | - | 7,411 | ||||
| Conference | - | 15,312 | ||||
| Total | 39889 | 3,268 | 43,157 | 75,150 | ||
| Resources expended(Note 6) | ||||||
| Expenditure on: | ||||||
| Charitable activities | 27,503 | 1,786 | 29,289 | 50,870 | ||
| Support Costs | 5,092 | 5,092 | 14,211 | |||
| Total | 32,595 | 1,786 | 34,381 | 65,080 | ||
| Net income/(expenditure) before investment gains/(losses) |
7,294 | 1,482 | 8776 | 10,070 | ||
| Netgains/(losses)on investments | ||||||
| Net income/(expenditure) | 7,294 | 1,482 | 8776 | 10,070 | ||
| Net movement in funds | 7,294 | 1,482 | 8776 | 10,070 | ||
| Reconciliation of funds: | ||||||
| Total funds brought forward | 19327 | 1297 | 20624 | 10,553 | ||
| Total funds carried forward | 26621 | 2779 | 29400 | 20,623 |
CONTINUING OPERATIONS
All incoming resources and resources expended arise from continuing activities.
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FRONTLINE MINISTRIES(ENFIELD)TRUST
| Balance sheet as at 31 December 2024 | Balance sheet as at 31 December 2024 | Balance sheet as at 31 December 2024 | Balance sheet as at 31 December 2024 | Balance sheet as at 31 December 2024 | Balance sheet as at 31 December 2024 |
|---|---|---|---|---|---|
| Notes | Unrestricted funds |
Restricted income funds |
2024 | 2023 | |
| £ | £ | £ | £ | ||
| Fixed assets | 1 | 1 | 1 | ||
| Current assets | |||||
| Cash at bank and in hand |
5 | 26310 | 2,326 | 28636 | 21,320 |
| Prepayment | 2,380 | 2,380 | - | ||
| Total current assets | 28690 | 2,326 | 31,016 | 21,320 | |
| Creditors: amounts falling due within one year |
3 | 1,617 | - | 1,617 | 697 |
| Net current assets/(liabilities) |
27,759 | 2,326 | 29399 | 20,623 | |
| Total assets less current liabilities |
27,073 | 2,326 | 29399 | 20,624 | |
| Creditors: amounts falling due after oneyear |
- | - | - | ||
| Provisions for liabilities | - | - | - | ||
| Total net assets or liabilities |
27,073 | 2,326 | 29,399 | 20,624 | |
| Funds of the Charity | |||||
| Restricted income funds | 2,326 | 2,326 | 1,297 | ||
| Unrestricted funds | 27,073 | 27,073 | 19,327 | ||
| Revaluation reserve | - | ||||
| Total funds | 27,073 | 2,326 | 29,399 | 20,624 |
The financial statements were approved by the Board of Trustees on 31 October 2025 and were signed on its behalf by:
31/10/2025 Adeniyi John -Trustee
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FRONTLINE MINISTRIES(ENFIELD)TRUST
Notes to the Financial Statements for the Year Ended 31 December 2024
1. ACCOUNTING POLICIES Accounting convention
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
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.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to headings, they have been allocated to activities on a basis consistent with the use of resources.
Allocation and apportionment of costs-Charitable activities
Costs of charitable activities are those costs relating to the activities carried out to meet the objectives of the Charity. These include both directly attributable costs and apportioned support costs.
Governance costs
Governance costs are the costs associated with the strategic direction of the Charity and with meeting regulatory responsibilities
Tangible fixed assets
Depreciation is normally provided at the following annual rates to write off each asset over its estimated useful life.
Church Equipment - 20% on straight line Office Equipment - 20% on straight line
There are presently no capitalized assets on the records of the Charity.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for restricted purposes.
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FRONTLINE MINISTRIES(ENFIELD)TRUST
Notes to the Financial Statements – continued for the Year Ended 31 December 2024
| 2. | 2. | ||||||
|---|---|---|---|---|---|---|---|
| Incoming resources | Unrestricted fund |
Restricted Fund |
|||||
| Donations & Legacies | Yr 2024 | Yr 2023 | |||||
| Acts of Mercy Support | 3,268 | 3,268 | 3,240 | ||||
| Conference Registration Fee |
|||||||
| - | 15,312 | ||||||
| Offering | 11,413 | 11,413 | 15,478 | ||||
| Partner Giving | 4168 | 4168 | 3,745 | ||||
| Special Giving | 3309 | 3309 | 1,625 | ||||
| Thanksgiving | 426 | 426 | 622 | ||||
| Income | - | 8,203 | |||||
| Tithes | 20485 | - | 20485 | 19,508 | |||
| Other Incoming Resource | - | - | |||||
| Other (gain sale of asset) | - | - | |||||
| Gift Aid | - | 7,411 | |||||
| Total | 39800 | 3268 | 43,068 | 75,144 |
3. CREDITORS
This represents the amount accrued as professional fees for independent examination and professional charges on annual accounts and reports.
| Independent Examination and Accountancy fee Accruals for other charitable activities |
2024 2023 £593 £550 £192 £147 £785 £697 |
|---|---|
4. Trustees Remuneration & Benefits
2 Trustees, who are also Pastors, were paid for the services they provide to the charity. The Payments are solely related to their roles as Pastors and are not related to their trustee duties.
| 2024 | 2023 |
|---|---|
| £9,350 | £8,900 |
During the year, one of the trustees received £1,000 to assist with burial expenses following the passing of her father.
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FRONTLINE MINISTRIES(ENFIELD)TRUST
5. Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2024.
6.
| CASH IN HAND & AT BANK | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Account 1- Parent | 2,488 | 3,313 |
| Account 2- Prophetic School | 1,534 | 258 |
| Account 3- Acts of Mercy | 2,326 | 917 |
| Account 4- Barnet | 19,919 | 16,631 |
| Kingdom Bank Savings | 2,368 | 300 |
7. There were no employees during the year.
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| FRONTLINE MINISTRIES(ENFIELD)TRUST Detailed Statement of Financial Activitiesfor the Year Incoming Resources Non-Profit Income Unrestricted Funds £ Acts of Mercy Support Conference Registration Fee Gift Aid Offering 11,412.69 Outreach/ Crusade Income Partner Giving 4,188.00 Special Giving 3,976.00 Thanksgiving 426.00 Tithes 20,484.58 £ Total Non-Profit Income 40,487.27 Other Income 21.11 £ Total Income 40,508.38 Resources Expended Advertising/Promotional 116.43 Benevolent Giving 1,700.00 Conferences 1,844.78 Equipment 458.00 Equipment Storage Rent 142.61 Gifts 3,702.82 Hall Hire 1,044.00 Honorarium 5,496.50 Hospitality 769.43 Insurances 408.08 Missions 2,135.00 Missions - Acts of Mercy Office/General Administrative Expenses 363.90 Outreach/ Crusade 709.93 Phone Costs 357.02 Printing, Postage and Stationery 319.13 Stipend / Allowances 9,350.00 Subscription 418.74 Sunday Hall Hire 1,520.00 Travel and Accommodation 581.91 Tuesday Hall Hire Bank Charges 60.00 Website Maintenance 504.00 £ Resources Expended 32,002.28 Governance Independent Examination 593.00 Total Expenditure £ 32,595.28 |
FRONTLINE MINISTRIES(ENFIELD)TRUST Detailed Statement of Financial Activitiesfor the Year |
FRONTLINE MINISTRIES(ENFIELD)TRUST Detailed Statement of Financial Activitiesfor the Year |
FRONTLINE MINISTRIES(ENFIELD)TRUST Detailed Statement of Financial Activitiesfor the Year |
Ended 31 December 2024 | Ended 31 December 2024 | Ended 31 December 2024 | ||
|---|---|---|---|---|---|---|---|---|
| Unrestricted Funds £ 11,412.69 4,188.00 3,976.00 426.00 20,484.58 £ 40,487.27 21.11 £ 40,508.38 116.43 1,700.00 1,844.78 458.00 142.61 3,702.82 1,044.00 5,496.50 769.43 408.08 2,135.00 363.90 709.93 357.02 319.13 9,350.00 418.74 1,520.00 581.91 60.00 504.00 £ 32,002.28 593.00 £ 32,595.28 |
Restricted Funds £ 3,268.00 £ 3,268.00 £ 3,268.00 1,786.23 £ 1,786.23 £ 1,786.23 |
Total 2024 £ 3,268.00 0.00 0.00 11,412.69 0.00 4,188.00 3,976.00 426.00 20,484.58 £ 43,755.27 £ 43,755.27 116.43 1,700.00 1,844.78 458.00 142.61 3,702.82 1,044.00 5,496.50 769.43 408.08 2,135.00 1,786.23 363.90 709.93 357.02 319.13 9,350.00 418.74 1,520.00 581.91 0.00 504.00 £ 33,728.51 593.00 £ 34,321.51 |
Total 2023 £ 3,240.00 15,312.00 7,410.85 15,478.29 8,203.00 3,745.00 1,625.00 622.00 19,508.28 £ 75,144.42 6.81 £ 75,151.23 88.51 630.00 15,703.59 313.82 1,664.15 1,189.33 7,391.50 1,396.18 3,710.49 2,396.28 577.06 9,652.24 414.76 495.83 8,900.00 283.92 2,400.00 307.81 6,400.00 60.00 555.00 £ 64,530.47 550.00 £ 65,080.47 |
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