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2024-12-31-accounts

Oromo Evangelical Church of London. Trustee Annual Report and Accounts 151 Jan- 31a Dec 24 Oromo Evangelical Church of London C/0 Fyest Green Baptist Clwcl4 West Green Roa4 London N15 SAF Trustees, Annual Report for the period 2LldaL I From: 1 January 2024 to 31 December 2024 Charity namo: OROMO EVANGELICAL CHURCH OF LONDON Charity registration number: 1120061 Objectives and Activities 1.1 Constitutlon The Oromo Evangelical Church of London adapted its current constitution on 7th August 2006. A slight amendment to the current constrtution is under development to go in line with a change from Unincorporated Charity ststus to Incorporated Charity organisation status to be in pla￿ in the near future. 1.2Tru8tses Trustees are elected to their respective roles every two years by the members at the Annual General Meeting. They are comprised of the chair, deputy chair, secretary, treasurer and a member The above-mentioned amendment will reflect on this and the number of trustees has now increased to 7 in total. 2. Objectives and athities 2.1 Charitable Purpose To worship the Lord our God and creator, preach and spread the Gospel in our own God-given Oromo language, Afaan Oromoo, and to provide holistic service to fellow Oromos and others. ,') io,; 2.2 Summary ofActivities 2.21 Conducting regular Sunday Worship programmes at our current address at Westgreen Baptist Church, Westgreen Road London N15 SAF. 2.22 Helping to instil Christ character in individuals. marriages and in families through regular, systematic Bible study prayer sessions. 2.23 Leading every person to put hislher faith in Christ as Savoir and Lord to love him with all their heart. soul, mind and strength.

Oromo Evangelical Church of London. Trustee Annual Report and Accounts 1st Jan- 31st Dec 24 2.24 Helping each believer discem hislher pla￿ of ministy and assist himlher to exercise their spiritual gifts within the fellowship of our Church famity. 2.25 Continued In-house and hands-on training sessions on the use of musical instruments such as the keyboard and handling of the projector for two servants of the Lord from among the volunteers. 3.0 ACHIEVMENTS & PERFORMANCE 3.1 Regular Sunday Worship and Spiritual Conferences The Church continued conducting regular Sunday worship programmes and children Sunday School sessions. It also delivered two suc￿Ssful Spiritual conferences - Easter Celebration wilh special prayerful rernernbran￿ of our Lord Jesus Christ's crucifixion and resurrection and Chrisbnas Celebration commemorating the birth of Our Lord and saviour Jesus Christ. The Church also hosted the 14th Annual convention and Council meeting of the Union of Oromo Evangelical Churches of Europe (OECE), in collaboration with the Board of the Union, from 18t_ 4th August 2024. We invited guest preacher, evangelists and singers from across Europe and Oromia through whom God richly blessed our Church and every participant. 3.2 Baptism: None during this temi. 3.3 Falth Conflmiatlon 4 Adults - two male and 2 female successfulty completed their faith confirmation classes and became communicant members of the congregation on 22nd December 2024 3.4 Holy matrimony A couple have made their vows and joined in hoty matrimony as husband and wrfe at a wedding ￿remonY organised by the Church on 18th August 2024 and were added to the family of the Lord in marriage. 3.5 Special Prayer sesslons Continued conducting fortnightty fasting and prayer sessions that started in September 2020. an intersession programme for the continued atrocities taking place back home in Oromia regional state. in northem Ethiopia and elsewhere. This has now changed into occasional sessions such as a consecutive Saturday evening sessions prior to the 14th Annual Spiritual Conference of OECE. 2ThJ _ 4th Aug 2024", putting the event in the hands of the Lord and for his guidan￿ to deliver a successful event for his glory. 3.6 Youth ministry Continued organised youth group Bible Study and prayer sessions that also tske pla￿ every Iwo weeks on Wednesday evenings. Church Youth has fonnally been organised and 3 coordinators were elected from among the youth on 13 November 2024 at a meeting chaired by the chair of the Trustees in the presen of all Elders Committee members and the youth. Members nominated 5

Oromo Evangellcal Church of London, Trustee Annual Report and AcC￿nts 1st Jan- 31st Dec 24 candidates and 3 We￿ elected to their respectNe roles as a chair, secretary and a member of the coordinating team based on the number of votes casted.at the Zoom meeting or) the above-mentioned date. 3.7 Women ministry Women's group ofthe Church continued regular prayer meetings on Friday evenings during which time they organised visits to newly arrived Oromo refvgees suffering from isolation and traumas they encountered during their long joumey to reach the UK. Besides their other roles, the Women Group or mothers have been the back bone of the Church in organising fellowship sessions at Easter Celebration, Christmas and spiritual conferences. Ill 3.8 Church Premises In its long journey of nearfy 30 years of spiritual services, the Church has been a tenant at various host Churches and its major or main expense has been payment of rent for use of premises and hall hiring costs during special events such as spiritual conferences. Wth its limited resources, the congregation has a long vision and prayers in order to acquire its own premises. During this term, the congregation elected a Premises Acquisition Team, sought infonnation to further the research conducted by a volunteer professional a few years ago, sought guidan￿ from the charity commission for direction as to how to go about this and consulted contscted the Evangelical Allian￿ (affiliate institution) for source of professional assistance. It has been working with Edward Connors Solicitors who have been helping to change the ststus of the Church form unincorporated Charity organisation to incorporated charity organisation to have the right legal status to own a propety, and are working with our assigned contact person from among senior members. This is currently in good process going in the right direction. To this end, members have made a commitment of a year long special donation which most have nearly completed to see our financial position towards this golden vision with the help of Lord God Almighty. 3.9 Special Events a. Celebrated Mothers, Day and Fathers, Day decorated with cultural dresses and special speeches to address the roles of each (mums & dads) in a family life followed by fellowship and social time on both days of the year. Non- church members also invited to both sessions. b. Celebrated a thanks giving event at the 10th anniversary of Langano Restsurant In Finsbury Park, North London, at the request of the owne￿, who are also communicant members of the Church. The owners graciously donated income from the sale of the dinner at nominal prices, in support of the ongoing Church premises acquisition project. This event was held in the evening of 27th March 2024 after Church service.

Oromo Evangelical Church of London. Trustee Annual Report and Accounts 1st Jan- 31sr Dec 24 Special thanks giving sessions for a couple who had family reunion and bereavement sessions for 4 members who lost their loved ones. have also been organised after Church ServI￿S during this tenn. d; , 10. Training for Lay minsters and Worship Leaders: A half day training session was organised and delivered on 10th August 2024 on "Effective Delivery of a Worship Program andpreparation ft>r semion/preaching" session. Rev Fekadu Begna. Associate Secretary of the Ethiopian Evangelical Church Mekane Yesus (who was a guest speaker at the Annual Convention a week earlier) shared with the participants, his in4epth experien￿ and knowledge on the subjec*. 11. Day Trip IRetreatl Organised a retreat session at seaside in which members of the Church and 8.e community members beneffted from the joy of the social time, sharing the Word of God, singing with the Choir and sharing meal together at Margate seaside. The trustees kept their promise and made up to members. especially the youth, who were disappointed at the cancellation of the last summer day trip. The question answer session in the big coach and the minibus, singing, sharing meal together at the beach, small group activities induding swimming, football for the youth; while elders and women groups were chatting at group coffee, moms and kids were enjoying play session at the dNerse playgrounds of the Seaside. The day-trip organised on 21 It July 2024 was full of unforgettable joy, reflection and entertainment. 4.0 PUBUC BENEFIT The above activities provide significant public benefft in line with the guidance form the Charities Commission as also described in the objects of the Church's constitution. Services are open to all who originally come from East Africa and speak Oromo Language. Providing regular Sunday worship and day trips in the summer. Teaching Christian faith through semions, workshops and small group Bible study sessions as well as Sunday school lessons for the children. 5.0 FINANCIAL REVIEW 11,,3 Iit The total income for the period was £74,546 and the totsl expenditure for the period was £34,330 and the surplus for the period was £40,216. The main source of funding for the Church is from the regular donations of its members and collections at various services during the year. The main outgoing for this financial period is for the rent for the regular Sunday services and hall hiring for special events and the Spiritual conference held on 2nd _ 4th August 2024.

Oromo Evangelical Church of London. Trustee Annual Report and Accounts 1st Jan- 31st Dec 24 The church aims to reclaim Gift Aid in the upcoming financial year. Therefore, the church is expecting some additional income in the next financial year. which is owing from HMRC for this yearfs giving. 6.0 RESERVES POUCY The church's reserves policy is to maintain sufficient free reserves to enable it to meet its short-term financial obligations in the event of an unexpected revenue shortfall to allow the church to be managed efficientty and to provide a buffer to ensure continuity of the activities of the Church. Approved by the Trustees on 9th October 2025 and signed on their behalf by: Eyasu Buba - Ex Chair of Trustees

CHARITY COMMISSIO FOR ENGLANO AND WALE Independent examinerf8 report on the accounts S•¢tlon A Orono EvangelKal Churr of Londc On accounts for th• ye•r Charfty no 111 •ny) 31 Decembor 2024 1120081 IfelillwjL￿ Io lie p• nuinDiS L)1 %h¢pt I rep￿1 to th• trustees my examination ol the aco)unts of Oromo Evangelical Church of Lond￿ the year ended 31° Decamber 2024, f￿￿bar 1120081. R••POn￿bIlItl•S •nd ba•1• of r•port In a¢tordanc• th• Charfti08 Act 2011 fth• Acr). under section 145 of the 2011 Acl and in caryirvj out my examinatson. I have folkyhed all the applicable Dir•cbons given by the Chonty Commw•K)n undar Mdon 145(5)(b) of th• Aci. I have c¢ympleted my examinatK>n I conftrni that no matenal matt•f8 have ¢¢)m• to my atlenlion (other Ihan that di8¢losed tMltyw-) in nection wih the examinaiion whth gives mo cause to beliove Ihat In. Ind•p•nd•nt •xamln•rfs thgitali2ed whith make the l)ookk8•ping Fyocaas ¢hallen9ing. It18 th8 ex8min•ti<>n tr> whi¢h attemion should b• drawn in Ihis report In er to enable a w¢>por understanthng of the accounts to be reached. Slgn•d: Dat•: Nam•." R•l•v•nt prof•Ml¢)ftal qualfflcatlon(•) or body (If any): nty com if the examiner needs to hyhlight matters of con¢ern {see C32, IT￿ndent examination of ¢*anty accounts.. direth"on3 and UKlanee for examiners). Ive ￿r• d•l•ll• ol any toms that the examln•r h•• to d1•clo￿.

Oromo Evangelical Church of London Charity No. 1120061 Statement of Flnanclal Actlvltlos for the Year Ended 31 December 2024 2024 Funds 2023 Funds Notes Incoming Resources: Charitable activities 44,137 24,505 Restricted fund 28,360 Inv8Stm8nt Income 2,049 1,375 Total Income Resources 74,546 25,880 Resource Expended: Direct Charitable Activities 34,330 10,890 Total Resource Expended: 34,330 10,890 Net Income: 40,216 14,990 Total Funds Brought Forward: At 01 January 2024 131.521 116,531 Total Funds Carrled Forward: At 31 December 2024 171.738 131.521

Oromo Evangelical Church of London Charity No. 1120061 Balance Sheet as at 31st December 2024" 2024 Funds 2023 Funds Notes Flxed Assets: Tangible Assets 2.331 1,311 2.331 1.311 Current Assets: Debtors 2,740 2,754 Cash at bank and in hand 10 169,843 128,767 172,583 131,521 Credltors Amounts falling due within one year 3,176 1,311 Net Assets 171,737 131,521 Funds: Unrestricted funds 143,378 131.521 Restricted funds 28,360 Total Funds 171.737 131,521

Oromo Evangellcal Church of London Charity No. 1120061 Notes to the Flnancial Statement (SOFA) Contlnued For tho Yur Ended 31 Doc•mbor 2024 2024 2023 rth and offerings Gift Aid Restri(Xed fund {BMW) Fundralslng for spedal cause 27,843 2,740 28.360 13,555 72.497 24.505 21,751 2,754 3 Inv•slmont Incom•: 2024 2023 Bank Interest income 2,049 1.375 4 Charltabl• Acllvltlos: Direct Charilable Actsvrti8S 2024 2023 Rent and Hall hire Volunteers & Visiting Preacthe Indemnty insurarKe (x)st Spritual Conference Consultancy fee Ott)er Ministy EX￿￿lture Membership fee Equipment & Fixtures Depreb'alion 8,420 500 272 11,751 7,095 324 3,279 10,335 715 724 172 34,330 191 10.890 6 Tanglblo Flxod Asset: 2024 2023 COST". At 31 December 2024 Depreliation Charge for the year 7.405 . 7.405 5.903 191 6,094 172 6,266 Addltlon: Musical equipment 1.192 NET BOOK VALUE: At 31 December 2024 2,331 1.311 At 31 De￿Mb￿ 2023 1.311 1,502

7 DEBTORS: Amount Faling due wthin one 2024 2023 Ir.'J.tt¥4:. Tax Receivables (Gfft Aid) 2,740 2.754 CREDITORS.. Amount Falling due within one 2023 Womens Group Saving Oneslmos Oslo payable (25%) 2.501 676 3,176 1.311 1,311 STATEMENT OF FUNDS: Brought Forward Carried Expenditure Fo￿ard Income Restricted FurKIs Unrestricted Funds Total Fund8 28,360 46.187 74,546 28,360 34.330 143.378 34,330 171,737 131,521 131.521 10 ANALYSIS OF FUNDS". 2023 Tangible Fixed Assots Debtors Cash at bank Credit(Ms 2,331 1.311 2,740 2,754 169,843 128,767 3.176 1,311 171.737 131,521