**Trustees’ Annual Report**
**For the year ended 31 December 2024**
## **GLOBAL MINISTRY OF CHAMPIONS**
## **Charity Registration Number: 1121 346**
## **Reference and Administrative Details**
- **Charity Name:** GLOBAL MINISTRY OF CHAMPIONS
- **Charity Number:** 1121 346
- **Address:**
Room 4 Park Lane Center BRADFORD West Yorkshire BD5 0LN
- **Trustees:**
Pastor Gilbert Adjei Boatey (Chair) Abdul Aziz Osman Richard Obeng Boateng Patrick Kodom Fusia Josephine Okungbowa
## **Structure, Governance and Management**
Globa Ministry of Champions is a Charitable Organisation in accordance with its governing document.
- Trustees are appointed in line with the constitution.
- The Trustees meet regularly to oversee ministry direction, finances, safeguarding, and legal compliance.
- Policies are maintained for safeguarding, health & safety, financial stewardship, and volunteer management.
- Annual risk assessments ensure the safe delivery of all church activities.
The Trustees confirm they have complied with the Charities Act 2011 requirement to consider the Commission’s guidance on public benefit.
## **Objectives and Activities**
## The Church exists to:
- Advance the Christian faith through worship, preaching, and teaching.
- Nurture believers through discipleship and pastoral care.
- Relieve poverty and serve the local community.
- Provide opportunities for youth and children’s development.
## **Achievements and Performance**
## **Worship & Preaching**
- Weekly Sunday services formed the heartbeat of our community, both in-person and online.
- Guest ministers and special services at Easter, Christmas, and other occasions enriched our spiritual life.
## **Teaching & Discipleship**
- Bible study groups, discipleship and leadership training supported spiritual growth.
- New believers’ and baptism classes helped people step forward in faith.
## **Youth & Children’s Ministry**
- Youth groups provided a safe and faith-filled environment.
- Holiday clubs, sports days, and creative events connected with families in the wider community.
- Sunday School expanded with new resources and activities.
## **Community Outreach**
- Our food distribution program supported local families in hardship.
- Pastoral teams provided care through hospital visits, prayer support, and bereavement ministry.
- Partnerships with schools and charities extended our community impact.
## **Creative & Special Programs**
- Music, drama, and arts ministries enhanced worship and outreach.
- Marriage enrichment and family support programs strengthened households.
- Social media and online platforms extended the reach of our teaching and pastoral care.
## **Financial Review**
- **Income:** £82,393
- **Expenditure:** £51,697
- The main sources of income were tithes, offerings, donations, and fundraising activities.
- Funds were applied primarily to ministry activities, community programs, and maintaining church facilities.
- The Trustees aim to maintain reserves equivalent to 6 months of operating costs.
The church remains financially stable, with resources carefully managed to maximize ministry impact.
## **Plans for the Future**
Looking ahead, the Trustees intend to:
- Acquire their own place of worship
- Expand youth leadership training and mentorship programs.
- Strengthen community outreach in areas such as food poverty, loneliness, and mental health support.
- Continue improving facilities to serve both the congregation and local community.
## **Acknowledgements**
The Trustees warmly thank:
- The members and volunteers for their selfless service.
- Ministry leadership team, staff, and other teams for their dedication.
Above all, we thank the Almighty God for His grace, guidance, and provision.
## **Approved by the Trustees**
Pastor Gilbert Adjei Boatey
Trustee Chair
## _**INDEPENDENT EXAMINER'S REPORT TO GLOBAL MINISTRY OF CHAMPIONS**_
## _**CHARITY REG. NO. 1121 346**_
_We report on the accounts of the trust for the year ended 31 December 2024 which are set out on pages 1 and 2_
## _**Respective responsibilities of Trustees and examiner**_
_As the Charity's trustees, you are responsible for the preparation of the accounts; you consider that the audit requirement of section 144 of the Charities 2011 act (the Act) does not apply._
_It is our responsibility to:_
_-examine the accounts (under section 145 of the Charities Act);_
- _-follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the Charities Act); and -state whether particular matters have come to our attention._
## _**Basis of independent examiner's statement**_
_Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 a consideration of any unusual items or disclosures in the accounts ,and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the accounts._
## _**Independent examiner's statement**_
_In connection with our examination, no matter has come to our attention._
- _1 which gives us reasonable cause to believe that in any material respect the requirements:_
- _to keep accounting records in accordance with section 130 of the Charities Act; and_
- _-to prepare accounts which accords with the accounting records and comply_
- _with the accounting requirements of the Act have not been met;_
_2 to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached._
_Geoffrey Kwakye-Donkor ( FCCA) Roknod Accountants Office 1 City View Offices 99 Long Street Manchester M24 6UN_
## **GLOBAL MINISTRY OF CHAMPIONS**
**STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024**
**UK CHARITY REG. NUMBER:**
**1121 346**
**GLOBAL MINISTRY OF CHAMPIONS**
## **Receipts and Payments Account**
## **Year ended 31 December 2024**
|**Unrestricted**
**Funds**
**2024**
**Receipts**
**Note**
**£**
Offerings
13,738
Tithes
32,069
Thanksgiving
9,971
Fundraising
7,398
Gift aid
9,319
Bank Interests
320
Miscellaneous Income
9,578
**Total Receipts**
82,393
**Payments**
Rent/Lease
9,920
Refreshment/Food
1,445
Pastor's Salary
11,170
Church Instruments-Assets
2,746
Transportation
9,819
Visiting Pastors and Others
5,940
Bereavement Expenses
3,434
Other Charitable Activities
7,223
**Total Payments**
51,697
**30,696**
**Cash and Bank balances b/fwd**
53,165
**83,861**
**Net Surplus (Deficit)**
**Cash and Bank balances c/fwd**|**Total**
**Total**
**2024**
**2023**
**£**
**£**
**13,738**
12,361
**32,069**
16,343
**9,971**
9,462
**7,398**
8,726
**9,319**
7,888
**320**
176
**9,578**
2,650
**-**
-
**82,393**
57,606
**9,920**
5,817
**1,445**
1,493
**11,170**
12,000
**2,746**
2,782
**9,819**
2,441
**5,940**
-
**3,434**
-
**7,223**
3,746
**51,697**
28,279
**30,696**29,327
**53,165**
23,838
**83,861**
53,165|
|---|---|
1
**GLOBAL MINISTRY OF CHAMPIONS**
## **Statements of Assets and Liabilities**
## **At the end of the year 31 December 2024**
|**Note**
**Bank & Deposit Balances**
Current Accounts
Savings Account
Repayable Member Support
**TOTAL MONETARY ASSETS**
**Comprising**
Unrestricted Funds
Restricted Funds|**Total**
**2024**
**£**
60,349
17,757
5,755
**83,861**
83,861
-
**83,861**|**Total**
**2023**
**£**
36,768
16,397
-
**53,165**
53,165
**53,165**|
|---|---|---|
The accounts were approved by the Commitee on:
Date: -----------------------------------------------
For and on behalf of the Trustees Board
**_________________________________________**
Pastor Gilbert Adjei Boatey
2
## **GLOBAL MINISTRY OF CHAMPIONS**
**FOR THE YEAR ENDED 31 ST DECEMBER 2024**
## **NOTE 1 BASIS OF PREPARATION**
## **1.1 BASIS OF ACCOUNTING**
These accounts have been prepared on a Receipts and Payments basis in accordance with
Accounting and Reporting by Charities- Statement of Recommended Practice (SORP 2011); and with Accounting Standards; and with the Charities Act 145
## **1.2 CHANGE IN BASIS OF ACCOUNTING**
There has been no change to the accounting policies (valuation rules and methods of accounting) since last year
## **1.3 CHANGES TO PREVIOUS ACCOUNTS**
No changes have been made to accounts for previous years
## **1.4 MATERIAL DONATIONS**
£
Material Donations include:
3
**GLOBAL MINISTRY OF CHAMPIONS FOR THE YEAR ENDED 31 ST DECEMBER 2024**
## **Note 2 ACCOUNTING POLICIES**
This standard list of accounting policies has been applied by the charity.
## **INCOMING RESOURCES**
## **Recognition of incoming resources**
These are included in the Statement of Financial Activities (SOFA) when:
the Charity becomes entitled to the resources;
the trustees are virtually certain they will receive the resources; and
the monetary value can be measured with sufficient reliability
## **Incoming Resources with Related Expenditure**
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported as gross in the SOFA
## **Grants and donations**
Grants and donations are only included in the SOFA when the Charity has unconditional entitlement to the resources.
## **Tax reclaims on donations and gifts**
Incoming resources from Tax reclaims are included in the SOFA at the same time as the gift to which they relate.
## **Gift Aid**
Gift Aid claimed during the year amounted to £9,319
## **Gifts in kind**
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised..
Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity.
Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivale.
## **Donated services and facilities**
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility
received
## **Volunteer help**
The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report
## **Investment income**
This is included in the accounts when receivable
## **Investment gains and losses**
This includes any gain loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
4
## **GLOBAL MINISTRY OF CHAMPIONS FOR THE YEAR ENDED 31 ST DECEMBER 2024**
## **EXPENDITURE AND LIABILITIES**
## **Liability recognition**
Liabilities are recognised as soon as there is a legal construstive obligation committing the charity to pay out resources
## **Governance costs**
Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and costs of any legal advice to trustees on governance or constitutional matters. They also include Premises costs, made up of Rent Lighting and Heating, Administrative costs including Telephone and internet, postage and stationery, as well as Travel and other Volunteers expenses
## **Grant with performance conditions**
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the receipient of the grant has provided the specific service or output.
## **Grants payable without performance condition**
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to the grant which remain in the control of the charity.
## **Support costs**
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg alocating property costs by floor areas, or per capita,staff costs by the time spent and other costs by their usage.
## **ASSETS**
## **Tangible fixed assets for use by the Charity**
These are not capitalised but are listed at cost in the Statements of Assets and Liabilities, Therefore Depreciation is not charged
## **Investments**
Investments quoted on a recognised stock exchange are valued at market value at the yearend. Other investment assets are included at trustees' best estimate or market value.
5
## **GLOBAL MINISTRY OF CHAMPIONS NOTES TO THE ACCOUNTS**
|Paid employees
Staff costs
Gross wages, salaries and benefits in kind and Staff
Total Staff costs|**2024**
**£**
**11,170**
**11,170**|2023
£
12,000
12,000|
|---|---|---|
6
## _**INDEPENDENT EXAMINER'S REPORT TO GLOBAL MINISTRY OF CHAMPIONS**_
## _**CHARITY REG. NO. 1121 346**_
_We report on the accounts of the trust for the year ended 31 December 2024 which are set out on pages 1 and 2_
## _**Respective responsibilities of Trustees and examiner**_
_As the Charity's trustees, you are responsible for the preparation of the accounts; you consider that the audit requirement of section 144 of the Charities 2011 act (the Act) does not apply._
_It is our responsibility to:_
- _-examine the accounts (under section 145 of the Charities Act);_
- _-follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the Charities Act); and -state whether particular matters have come to our attention._
## _**Basis of independent examiner's statement**_
_Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 a consideration of any unusual items or disclosures in the accounts ,and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the accounts._
## _**Independent examiner's statement**_
_In connection with our examination, no matter has come to our attention._
- _1 which gives us reasonable cause to believe that in any material respect the requirements:_
_- to keep accounting records in accordance with section 130 of the Charities Act; and -to prepare accounts which accords with the accounting records and comply - with the accounting requirements of the Act have not been met;_
_2 to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached._
_Geoffrey Kwakye-Donkor ( FCCA) Roknod Accountants Office 1 City View Offices 99 Long Street Manchester M24 6UN_