## **CHARITY NO: 1123377**
## **EMPOWERMENT MINISTRIES INTERNATIONAL**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020**
## EMPOWERMENT MINISTRIES INTERNATIONAL
## CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
|Church Legal and Administrative Information
Report of the trustees
Statement of financial activities
Balance Sheet
Notes to the Accounts
Independent examiner’s statement
Schedule of income and expenditure|Page|
|---|---|
||1
2-5
6
7
8-9
10
11|
EMPOWERMENT MINISTRIES INTERNATIONAL
## CHURCH LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2020
CHARITY NO NUMBER:
**1123377 (England and Wales)**
TRUSTEES:
**Pastor Ndu Echanah (Chairman) Miss Bunmi Shoyinka Pastor Segun Roberts Mrs Tina Festus**
REGISTERED OFFICE:
**39 Bryanston Road Tilbury Essex RM18 8DD**
BANKER:
**Barclays Bank Plc Grays (Thurrock)**
INDEPENDENT EXAMINERS
**LIGHTCN GLOBAL SERVICES LTD 67 Maylam Gardens Sittingbourne Kent ME10 1GA**
_**Email:info@lightaccountants.co.uk lightcnglobalservices@gmail.com Telephone:**_ 01795487384 _**Mobile: 07429137985 Web: www. lightaccountants.co.uk**_
1
EMPOWERMENT MINISTRIES INTERNATIONAL REPORTS OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020
The Trustees present their report and accounts for the year ended 31 December 2020. The Trustees confirm that the Annual report and financial statements of the Charity comply with the current statutory requirements, the requirements of the Charity's governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (as amended for accounting periods commencing from 1 January 2016)
## STRUCTURE, GOVERNANCE AND MANAGEMENT
The management of the church is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.
## **Governing Document**
The Church is an unincorporated charity, and her governing document consists of a charitable trust deed registered with the Charity Commission. The church was launched on 9th September 2007 and was registered with the Charity Commission March 2008
## **Appointment of trustees**
Trustees are nominated by the chair. In appointing trustees, consideration is given to individuals who have adequate experience in running organized youth groups, training and education and community outreach.
## **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 the Chair and other Trustees, followed by a series of short meetings with the chairman on the powers and responsibilities of the Trustees.
## **Organisational Structure and Decision Making**
The church is organised so that the trustees meet monthly to manage its affairs. The Chairman manages the day-to-day administration of the church with the assistance of volunteered church members.
At monthly Trustee meetings, agreement is made by the Trustees on the strategy and activities of the charity which includes charitable donations, investments, reserves and risk management policies and performance. **Pastor Ndubueze Echanah** is the senior pastor and Chairman of the church’s board of trustee and the leadership team supports him in the vision of the church.
## **Risk Management**
The Trustees have assessed the major risks to which the church is exposed, most especially, those relating to the operations and finances of the church and are satisfied that effective and adequate systems and procedures are in place to mitigate our exposure to the major risks.
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EMPOWERMENT MINISTRIES INTERNATIONAL
## REPORTS OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31 DECEMBER 2020
## **Objectives and Activities**
The main object of the charity is advancing the Christian faith worldwide in accordance with the doctrines set out in the statement of faith.
## **Strategies for Achieving Objectives**
The following strategies were adopted by the church to achieve her objectives.
1. Promoting the gospel of Jesus Christ through conferences and weekly church services.
2. Organisation of monthly seminars in the church to guide members in the various aspects of the Christian faith.
3. Monthly workers training/seminar
4. Support various Christian events.
## **Activities for Achieving These Objectives**
1. Conferences & Events
2. Various missionary activities
3. Community outreach events
4. Provision of welfare support to members
5. Organizing youth conferences and meetings
6. TV Broadcasting Programs
## **Public Benefits**
The under-listed were the charity’s proposed activity for the year which was obstructed due to Covid-19 pandemic and Lockdown.
1. Singles Breakfast Seminar
2. Marriage Enrichment Seminar
3. Mother’s Day Celebration. An extraordinary colourful event to celebrate the role of mothers in the society and reaching out to the motherless within our locality.
4. Easter Fun fair. To celebrate the death and resurrection of our Lord Jesus as a significant of the liberty we have as Christians in a happy world.
5. Father’s Day. Another extraordinary event to celebrate the fathers among us and to encourage future fathers on the importance of a father in a home.
6. Monthly birthday celebration of members whereby people born of that month, collectively cut a birthday cake and are prayed for by the congregation.
7. Business Empowerment Conference.
8. Christmas Party
3
EMPOWERMENT MINISTRIES INTERNATIONAL
## REPORTS OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31 DECEMBER 2020
## **Achievements and Performance 2020**
The year started powerfully with a 21days Prayer & Fasting to set the tone for what God was set to do in 2020. The church focused of the year was “Unlimited Possibilities” to empower the church with the Secrets to reaching for new possibilities in God and in every realm in life.
During the course of the year, the church held e a number of Conferences as a means to build up the congregation and bless the community, one of the major conference was our Empowerment Conference 2020, theme: “The Force of Ideas” with our Guest Speaker from Dallas Texas Pastor Kunle Soriyan, “Singles Seminar, Marriage Enrichment Seminar, Pursuing Your Dreams (Youth Conference), Success Summit 2020 with dynamic speaker (Pastor Smart Kemiki and Mr Mayowa Oluyede) and others. Although mostly held virtually, they were all very impactful conferences aimed at effecting a change in the lives of people.
During the Pandemic, the church gave a gift of £450 to feed all the nurses and doctors in the children ward in Newham Hospital for a week in May 2020. The church was also involved in providing welfare (money) to some member s during the pandemic to help with feeding and other needs.
The Church also transitioned to meeting online during the pandemic and also launched a new Service for the youths between the ages of 16 – 29, called the Inspire Service (Second service.)
The Vision of the church is Empowering Agents of transformation...Fulfilling Purpose, so over the year, there was an ongoing emphasises on growing the churches membership, developing the member’s spiritual life through the Empowerment Academy School, which runs to help build members for effective living and community impact.
## **Financial review**
## **Reserves Policy**
It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure. This provides enough funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year. However, the Trustees regularly review the reserves position of the church in accordance with their commitments and anticipations.
## **Investment Policy**
The trustees have decided that at present, funds should be retained in an interest-bearing account in Banks and Building Societies. The trustees will agree for any change to this policy.
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## EMPOWERMENT MINISTRIES INTERNATIONAL
## REPORTS OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31 DECEMBER 2019
## **Financial performance**
Total incoming resources for the year amounted to £27129.06 and total expended resources amounted to £14,071. The principal funding source for the charity is mainly through voluntary tithe, donations, and offerings by church members. The Charity’s total church funds as at date is £34,439. The balance of the accumulated surplus of unrestricted funds is held for further anticipated calls on the resources of the Charity.
## **Plans for future periods.**
The church plan is to continue to sustain the church membership and increase activities in helping the needy and from time to time organize social activities for the youths in the local community.
The charity’s plans to purchase its own property is progressing.
## **Statement of Trustees’ Responsibilities**
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- 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 enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. 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.
## **SIGNED ON BEHALF OF BOARD BY:**
**Pastor Ndu Echanah Trustee Date: 22/03/2021**
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## EMPOWERMENT MINISTRIES INTERNATIONAL
## STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020
|**Incoming resources from generating funds:**
Voluntary Income
**Total incoming resources**
**Resources Expended**
**Payments in Furtherance of charitable objectives**
Charitable activities
Governance costs
**Total resources expended**
**Net incoming resources/(net outgoing resources)**
before transfers between funds
Transfer between funds
Other recognise gains and losses
**Net movement in funds**
Total funds brought forward
**Total funds carried forward for the year ended 31**
**December 2020**|**Notes**
2
3
4
|**Notes**
2
3
4
|**Restricted**
**Funds**
-|**Restricted**
**Funds**
-|**Restricted**
**Funds**
-|**Unrestricted**
**Funds**
**£**
28,622
**28,622**
14,551
-
**14,551**
14,071
-
-
**14,071**
14,348
**28,419**|**2020**
**Total**
**£**
28,622
**28,622**
14,551
-
**14,551**
14,071
-
-
**14,071**
20,368
**34,439**|**2019**
**Total**
**£**
42,999|
|---|---|---|---|---|---|---|---|---|
||||||||||
|||||||||**42,999**|
|||||-||||31,097
-|
|||||||||**31,097**|
|||||0||||11,902
-|
|||||**0**
6020||||**11,902**
8,466|
|||||**6020**||**28,419**|**34,439**|**20,368**|
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EMPOWERMENT MINISTRIES INTERNATIONAL
BALANCE SHEET AS AT 31 DECEMBER 2020
|FIXED ASSETS
Tangible assets
CURRENT ASSETS
Cash at Bank and Hand
Debtors
**Creditors:amount falling**
**due within one year**
Net current assets
Net assets
FUNDS OF THE CHURCH
Unrestricted income funds
Restricted funds
**TOTAL FUNDS**|2020
2019
**Notes**
**£**
**£**
**£**
**£**
2,321
2,912
32,118
17,456
32,118
17,456
-
-
32,118
17,456
**34,439**
**20,368**
28,419
14,348
6,020
6,020
**34,439**
**20,368**|2020
2019
**Notes**
**£**
**£**
**£**
**£**
2,321
2,912
32,118
17,456
32,118
17,456
-
-
32,118
17,456
**34,439**
**20,368**
28,419
14,348
6,020
6,020
**34,439**
**20,368**|
|---|---|---|
|||**20,368**|
|||14,348
6,020|
|||**20,368**|
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EMPOWERMENT MINISTRIES INTERNATIONAL
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
## **1. Accounting policies**
The accounting policies have been applied consistently throughout the year and the preceding year.
## **a. Basis of accounting**
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities' (SORP 2015) and the Charities Act 2011.
## **b. Incoming resources**
Income resources have been clearly broken down to show the various sources of funds for the charity. The unrestricted income consists of funds the charity has discretionary control as regards to its disbursement. Please note that all incoming resources are only accounted for in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when it is receivable while donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold.
## **c. Resources expended.**
Resources expended shows the governance cost and money spent on charitable activities. Expenditure is recognised on accrual basis as a liability is incurred. Expenditure could be VAT inclusive if it cannot be fully recovered, and it is reported as part of the expenditure to which it relates.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **2. a Voluntary income**
|**Voluntary income**||||
|---|---|---|---|
|Church Offering and Tithe
Gift Aid||**Unrestricted**
**2020**
**2019**
**Funds**
**Total**
**Total**
**£**
**£**
**£**
28,622
28,622
25,569
-
-
17,430
**28,622**
**28,622**
**42,999**|**2019**
**Total**|
|||||
## **3. Cost of Charitable Activities**
|Empowerment Min.|**Activities**
**Undertaken**
**2020**
**2019**
**directly**
**Total**
**Total**
**£**
**£**
**£**
14,551
14,551
31,097
14,551
14,551
31,097|
|---|---|
8
EMPOWERMENT MINISTRIES INTERNATIONAL
## NOTES TO THE FINANCIAL STATEMENTS (Continues) FOR THE YEAR ENDED 31 DECEMBER 2020
## **4.**
## **Tangible Fixed Assets Equipments**
## **£**
## **Cost**
|**Tangible Fixed Assets**
**Cost**|**Equipments**
**£**|
|---|---|
|At 1 January 2020|3,942.45|
|Addition|**0.00**|
|As at 31 December 2020|3,942.45|
**----- Start of picture text -----**
Depreciation @15%
At 1 January 2020 1,029.97
Charge for the year 591.37
1,621.34
NET BOOK VALUE
As at 31 December 2020 2,321.11
As at 31 December 2019 2,912.48
**----- End of picture text -----**
## **5.**
|**Statement of Funds**|At|||At|
|---|---|---|---|---|
|||Incoming|Outgoing||
||2019|resources|resources|2020|
||£|£|£|£|
||20,368|28,622|14,551|34,439|
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## EMPOWERMENT MINISTRIES INTERNATIONAL
## INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020
**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 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- to state whether particular matters have come to my attention.
**Independent examiner's statement**
My examination was carried out in accordance with 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 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 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 statement below.
In connection with my examination, no matter has come to my attention
1. which gives me 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 accord with the accounting records and comply with the accounting requirements of the Charities Act
- have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Independent examiner
**Lightcn Global Services Ltd 67 Maylam Gardens Sittingbourne ME10 1GA**
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EMPOWERMENT MINISTRIES INTERNATIONAL
SCHEDULE OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2020
|RECEIPTS:
**£**
**£**
Incoming Resources:
Offering
Gift Aid
**Total receipts**
CHARITABLE ACTIVITIES:
**Grants**
Charitable projects
4,055
4,055
4,055
**Church management and administration**
Church - Hall rental
2,298
Software
471
Motor and Travelling Expenses
25
Musicians / Instrumentalist Fees
1,190
Church Conference and Office Expenses
2,062
Telephone, Fax and Internet Services
1,327
Training Expenses
515
Printing,Postage &stationery
364
Depreciation
591
Advert, Outreach-TV & Radio Programme
1,653
**Total Expenditure**
10,496
TOTAL CHARITABLE ACTIVITIES EXPENDITURE
**14,551**
**Governance Cost**
Professional and Accountancy fees
-
Bank Charges
-
Legal and Consultancy fees
-
-
TOTAL GOVERNANCE COSTS
**-**
TOTAL PAYMENTS
**Excess of receipts over payments**
Bank current and deposit accounts at 01/01/2020
Bank current and deposits accounts at 31/12/2020|RECEIPTS:
**£**
**£**
Incoming Resources:
Offering
Gift Aid
**Total receipts**
CHARITABLE ACTIVITIES:
**Grants**
Charitable projects
4,055
4,055
4,055
**Church management and administration**
Church - Hall rental
2,298
Software
471
Motor and Travelling Expenses
25
Musicians / Instrumentalist Fees
1,190
Church Conference and Office Expenses
2,062
Telephone, Fax and Internet Services
1,327
Training Expenses
515
Printing,Postage &stationery
364
Depreciation
591
Advert, Outreach-TV & Radio Programme
1,653
**Total Expenditure**
10,496
TOTAL CHARITABLE ACTIVITIES EXPENDITURE
**14,551**
**Governance Cost**
Professional and Accountancy fees
-
Bank Charges
-
Legal and Consultancy fees
-
-
TOTAL GOVERNANCE COSTS
**-**
TOTAL PAYMENTS
**Excess of receipts over payments**
Bank current and deposit accounts at 01/01/2020
Bank current and deposits accounts at 31/12/2020|**£**
28,622
-|
|---|---|---|
|||**28,622**
14,551|
||4,055
2,298
471
25
1,190
2,062
1,327
515
364
591
1,653||
||10,496||
||**14,551**||
||-||
||||
||**-**||
||||
|||**14,071**|
|||**20,368**|
|||**34,439**|
11