## **NEW ERA OUTREACH MINISTRIES INCORPORATING TRINITY HOUSE**
## **TRUSTEES' REPORT**
The Trustees present their report together with the accounts for the year ended 31 March 2022. The accounts have been prepared in accordance with the Statement of Recommended Practice 2005 and other applicable laws.
## **Structure, Governance and Management**
The charity is constituted under a Trust Deed with registered charity number 1088185
## **a) Method of Appointment or Election of Trustees**
The management of the church is the responsibility of the Trustees who are elected and coopted under the terms of the Trust Deed.
## **b) Policies Adopted for the Induction and Training of Trustees**
The induction process for any newly appointed member of the trustees comprises an initial meeting with other Chair and other Trustees, followed by a series of short meetings with the Minister in Charge on the powers and responsibilities of the Trustees.
## **c) Organisational Structure and Decision Making**
The Charity is organised so that the Trustees meet regularly to manage its affairs There is an administrator/account personnel that handle the daily affairs of the charity.
## **d) Risk Management**
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems are in place to mitigate our exposure to the major risks.
**Page 1**
## **NEW ERA OUTREACH MINISTRIES INCORPORATING TRINITY HOUSE**
## **Obiectives and Activities**
## **a) Policies and Objectives**
The objectives of the church are to advance the Christian religion for the public benefit in accordance with the doctrines of our Lord Jesus Christ, through the holding of prayer meetings, lectures, evangelism, distributing of literature and tracts, broadcasting and such charitable means as the trustees consider appropriate; and the relief of poverty by such charitable means as the trustees consider appropriate.
## **b) Strategies for Achieving Objectives**
The Charity has adopted the following strategies for achieving the above objectives: Organising seminars and events with proven speakers and ministers of the faith to guide members in the various aspects of the Christian faith; and support for other charities and Christian events.
## **c) Activities for Achieving Objectives**
Advancement of christian religion Community outreach events. Provision of welfare support to members. Provision of support to other charities. Conferences and Events.
## **d) Grant making Policies**
In line with the object of the charity, to relief poverty and the advancement of Christian religion worldwide. The charity has a policy of supporting missionary organisations such as the Festival of Life, World Evangelism Mission and other charities and members of the congregation who are in need, (this is at the discretion of the trustees).
## **e) Volunteers**
The charity is grateful for the good efforts of its volunteers who are involved in service provision. The charity has a volunteer coordinator to ensure that best value is derived from the sterling efforts of our volunteers.
**Page 2**
**NEW ERA OUTREACH MINISTRIES INCORPORATING TRINITY HOUSE**
## **Achievements and Performance**
## **a) Review of Activities**
The charity is consolidating the gains of previous development and has successfully ministered to the needs of various social groups within and outside the church. The charity provides forum for manpower development for its members to be equipped, educationally, socially and spiritually. It offers various counselling sessions to the needy, unemployed, and educational and makes referral whenever the need arises.
The charity provides counselling services to members of the community. We have also embarked on various training programmes to equip more church volunteers with the relevant counselling skills that will help them serve the community better. We continue to support and encourage young people by providing a Youth Church where teenagers meet on Sunday afternoon under a caring, supportive and encouraging atmosphere.
The charity still continues to fulfil its main objectives, by creating facilities to help develop the whole man, spiritually, mentally and physically. We have invested time, energy and money into activities and programmes that has helped prevent youth crimes, depressions in people, child abuse and such social vices that are eating deep into our society.
## **Financial Review**
## **a) Reserves Policy**
The trustees have established a policy to maintain the church's reserves at a level which is at least equivalent to three months operational expenditure and have done so having regards to its manner of operation of likely funding streams. At this level, the trustees feel that they would be able to continue the current activities of the church in the event of a significant drop in funding.
## **b) Principal Funding**
This is provided mainly through voluntary offerings and tithes by church members and through gift aid scheme. Pledges are also taken for specific projects.
**Page 3**
## **NEW ERA OUTREACH MINISTRIES INCORPORATING TRINITY HOUSE**
## **Plans for the Future**
## **a) Future Developments**
The charity aims as part of fulfilling its main objectives, to continue to explore various ways of spreading the gospel of Christ in an effective manner. The charity is also looking to grow in membership and continue to develop its members to make life-changing impact in society.
## **Statement of Trustees' Responsibilities**
The Trustees are responsible for preparing the Annual report and Financial statements in accordance with applicable law and regulations.
Company law requires the Trustees to prepare financial statements for each financial year. Under the law the Trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The financial statements are required by law to 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 are requested to:
- Select suitable accounting policies and then apply them consistently;
- Make judgements and estimates that are reasonable and prudent;
• State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
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 General Directions given by the Charity Commission. 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.
## **Approval**
This report was approved by the board of trustees on ......15/08/2022........and signed on its behalf by:
Name:..........REV OLUGBENGA FALODUN
Signature:....O Falodun
Date:…15/08/2022
**Page 4**
**----- Start of picture text -----**
Charity Name No (if any)
NEW ERA OUTREACH MINISTRIES INCORPORATING TRI1088185
Receipts and payments accounts CC16a
For the period 01/04/2021 31/03/2022
To
from 01/04/2021 31/03/2022
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Members' Contribution 29,359 6,910 - 36,269 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
29,359 6,910 - 36,269 -
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 29,359 6,910 - 36,269 -
A3 Payments
Rent 5,400 - - 5,400 -
Volunteers' expenses 1,537 - - 1,537 -
Hospitality & welfare support 12,509 - - 12,509 -
Travel & subsistence 3,573 - - 3,573 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 23,019 ] - - 23,019 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 23,019 - - 23,019 -
Net of receipts/(payments) 6,340 6,910 - 13,250 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end 6,340 6,910 - 13,250 -
**----- End of picture text -----**
CCXX R1 accounts (SS)
03/06/2024
1
## **Section B Statement of assets and liabilities at the end of the period**
|**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
**Details**
**Details**
Signature
O Falodun|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**6,910**
**-**
**-**
**-**
**-**
**6,340**
**6,910**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Rev Olu Falodun|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**|
|---|---|---|---|
||||**-**|
||||OK|
||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
15/08/2022|
CCXX R2 accounts (SS)
03/06/2024
2
||**Charity Name**
**NEW ERA OUTREACH MINISTRIES INCORPORATING TRI **|**Charity Name**
**NEW ERA OUTREACH MINISTRIES INCORPORATING TRI **|**Charity Name**
**NEW ERA OUTREACH MINISTRIES INCORPORATING TRI **|**No (if any)**
**1088185**|**CC16a**|
|---|---|---|---|---|---|
||**For the period**
**from**|4/1/2021
4/1/2021|**To**|3/31/2022
3/31/2022||
|||||||
|**Section A Receipts and payments**||||||
|**A1 Receipts**
Members' Contribution
**29,359**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**29,359**
**-**
**-**
**_Sub total_ -**
**_Total receipts_ 29,359**
**A3 Payments**
Rent
**5,400**
Volunteers' expenses
**1,537**
Hospitality& welfare support
**12,509**
Travel & subsistence
**3,573**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ 23,019**
**-**
**-**
**_Sub total_ -**
**_Total payments_ 23,019**
**_Net of receipts/(payments)_ 6,340**
**A5 Transfers between funds**
**-**
**A6 Cash funds last year end**
**-**
**_Cash funds this year end_ 6,340**
**Unrestricted**
**funds**
**to the nearest £**
**_Sub total_**_(Gross income for AR)_
**A2 Asset and investment sales,**
**(see table).**
**A4 Asset and investment**
**purchases, (see table)**||**to the nearest £**
**6,910**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**6,910**
**-**
**-**
**-**
**6,910**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**6,910**
**-**
**-**
**6,910**
**Restricted**
**funds**|**to the nearest £**
**Endowment**
**funds**|**Total funds**
**to the nearest £**
**36,269**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**36,269**
**-**
**-**
**-**
**36,269**
**5,400**
**1,537**
**12,509**
**3,573**
**-**
**-**
**-**
**-**
**-**
**23,019**
**-**
**-**
**-**
**23,019**
**13,250**
**-**
**-**
**13,250**|**Last year**
**to the nearest £**|
||||**-**|**36,269**|**-**|
||||**-**|**-**|**-**|
||||**-**|**-**|**-**|
||||**-**|**-**|**-**|
||||**-**|**-**|**-**|
||||**-**|**-**|**-**|
||||**-**|**-**|**-**|
||||**-**|**-**|**-**|
||||**-**|**36,269**|**-**|
|||||||
||||**-**|**-**||
||||**-**|**-**|**-**|
||||**-**|**-**|**-**|
|||||||
||||**-**|**36,269**|**-**|
|||||||
||||**-**|**5,400**|**-**|
||||**-**|**1,537**|**-**|
||||**-**|**12,509**|**-**|
||||**-**|**3,573**|**-**|
||||**-**|**-**|**-**|
||||**-**|**-**|**-**|
||||**-**|**-**|**-**|
||||**-**|**-**|**-**|
||||**-**|**-**|**-**|
||||**-**|**23,019**|**-**|
|||||||
||||**-**|**-**||
||||**-**|**-**||
||||**-**|**-**|**-**|
|||||||
||||**-**|**23,019**|**-**|
|||||||
|||**6,910**|**-**|**13,250**|**-**|
|||**-**|**-**|**-**|**-**|
|||**-**|**-**|**-**|**-**|
|||**6,910**|**-**|**13,250**|**-**|
|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**||
|---|---|---|---|
|**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
Signed by one or two trustees on
behalf of all the trustees|**Details**
**Details**
**Details**
**Details**
**Details**
Signature
O Falodun
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**to nearest £**
**to nearest £**
**-**
**6,910**
**-**
**-**
**-**
**-**
**6,340**
**6,910**
OK
OK
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
Print Name
Rev Olu Falodun
**Unrestricted**
**funds**
**Restricted**
**funds**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**|**to nearest £**
**Endowment**
**funds**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||OK|
||||**to nearest £**
**Endowment**
**funds**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**When due**
**(optional)**|
|||||
|||||
|||||
|||||
|||||
|||||
||||Date of
approval|
||O Falodun|Rev Olu Falodun|8/15/2022|
|||||