2024-12-31-accounts - Empowerment Ministries International

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CHARITY NO: 1123377

EMPOWERMENT MINISTRIES INTERNATIONAL

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

EMPOWERMENT MINISTRIES INTERNATIONAL

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

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 2024

CHARITY NO NUMBER:

TRUSTEES:

REGISTERED OFFICE:

BANKER:

INDEPENDENT EXAMINERS

1123377 (England and Wales)

Pastor Ndu Echanah - Chairman Miss Bunmi Shoyinka Pastor Ayodeji Olusanmi

39 Bryanston Road Tilbury Essex RM18 8DD

Barclays Bank Plc Grays (Thurrock)

Ijeoma Uchendu. FCCA, Light Accountants Ltd 33 Postmill Road Sandwich Kent CT13 0FU

Email:info@lightaccountants.co.uk lightcnglobalservices@gmail.com Telephone: 01304729369 Mobile: 07429137985 Web: www. lightaccountants.co.uk

1 EMPOWERMENT MINISTRIES INTERNATIONAL REPORTS OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

The Trustees present their report and accounts for the year ended 31 December 2024. 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.

EMPOWERMENT MINISTRIES INTERNATIONAL

REPORTS OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31 DECEMBER 2024

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.

Promoting the gospel of Jesus Christ through conferences and weekly church services.
Organisation of monthly seminars in the church to guide members in the various aspects of the Christian faith.
Monthly workers training/seminar
Support various Christian events.

Activities for Achieving These Objectives

Conferences & Events
Various missionary activities
Community outreach events
Provision of welfare support to members
Organizing youth conferences and meetings
TV Broadcasting Programs

Public Benefits

The under-listed were the charity’s proposed activity for the year.

Singles Breakfast Seminar
Marriage Enrichment Seminar
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.
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.
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.
Monthly birthday celebration of members whereby people born of that month, collectively cut a birthday cake, and are prayed for by the congregation.
Business Empowerment Conference.
Christmas Party

EMPOWERMENT MINISTRIES INTERNATIONAL

REPORTS OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31 DECEMBER 2024

Achievements and Performance 2024

The year began on a strong spiritual foundation with our 21-Day Prayer and Fasting, designed to set the tone for all that God intended to accomplish in 2024. The focus of this season was on equipping the church with biblical principles and divine secrets for experiencing total transformation in every sphere of life spiritually, emotionally, relationally, and financially.

Throughout the year, we hosted several specialized events to strengthen the congregation and engage our wider community. These included our Mother’s Day and Father’s Day celebrations, which honoured the vital role of parents and guardians within the family and the church. We also held a one-day Ladies’ Summit Conference aimed at empowering women to rise in purpose, confidence and leadership.

In addition, a three-day Workers’ Residential Retreat took place at De Vere, East Sussex. This retreat provided a time of refreshing, strategic leadership training, and spiritual impartation for our workers and ministry leaders, ensuring that they remained equipped to serve with excellence and unity.

During the Christmas season, the church extended love beyond our walls by distributing Christmas Hampers to a local Residential Elderly Care Home, demonstrating Christ’s compassion and our commitment to community care.

Our vision as a church is “Empowering Leaders… Fulfilling Purpose.” In line with this, there has been a continued focus throughout the year on both church growth and spiritual maturity. The Empowerment Academy School remained instrumental in this mission, providing structured teaching and discipleship to develop members into effective leaders at home, at work, and in the community.

Overall, 2024 has been a year of spiritual strengthening, intentional development, and meaningful impact. We look forward to an even greater outpouring of God’s grace and influence in the coming year.

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 when needed.

EMPOWERMENT MINISTRIES INTERNATIONAL

REPORTS OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31 DECEMBER 2024

Financial performance

For the year ended 31 December 2024, the church’s total income is £40,463. The charity continued to be funded through voluntary tithes, donations, offerings and gift aids by church members. The Charity’s total church fund as of date is £16,852. 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 plan 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: 31/10/2025

EMPOWERMENT MINISTRIES INTERNATIONAL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024

Restricted Funds - -	Unrestricted Funds £ 40,463 40,463 48,941 - 48,941 (8,478.0) - -	2024 2023 Total Total £ £ 40,463 35,523 40,463 35,523 48,941 49,897 - - 48,941 49,897 (8,478.0) 14,374 - - - -


0
0	(8,478.0)	(8,478.0) 14,374 -

EMPOWERMENT MINISTRIES INTERNATIONAL

BALANCE SHEET AS AT 31 DECEMBER 2024

2024 £ £ - 16,852 16,852 - 16,852 16,852 10,832 6,020 16,852	2024 £ £ - 16,852 16,852 - 16,852 16,852 10,832 6,020 16,852	2023 £ £ 547 25,330 25,330 - 25,330 25,877 19,857 6,020 25,877	2023 £ £ 547 25,330 25,330 - 25,330 25,877 19,857 6,020 25,877
16,852

16,852 -		25,330 -

			25,877
			19,857 6,020
	16,852		25,877

EMPOWERMENT MINISTRIES INTERNATIONAL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

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 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

Church Offering and Tithe Gift Aid		Unrestricted 2024 2023 Funds Total Total £ £ £ 40,463 40,463 35,523 - - 40,463 40,463 35,523	2023 Total

3. Cost of Charitable Activities

Empowerment Min.	Activities Undertaken 2024 2023 directly Total Total £ £ £ 48,941 48,941 49,897 48,941 48,941 49,897

EMPOWERMENT MINISTRIES INTERNATIONAL

NOTES TO THE FINANCIAL STATEMENTS (Continues) FOR THE YEAR ENDED 31 DECEMBER 2024

4. Tangible Fixed Assets

Equipments

£

Cost

At 1 January 2024 3,942 Addition - As at 31 December 2024 3,942

Depreciation @15%

At 1 January 2024 Charge for the year

NET BOOK VALUE

As at 31 December 2024

As at 31 December 2023

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3,395
547
3,942
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EMPOWERMENT MINISTRIES INTERNATIONAL

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

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

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
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Independent examiner Light Accountants Ltd 31/10/2025

EMPOWERMENT MINISTRIES INTERNATIONAL

SCHEDULE OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2024

RECEIPTS: Incoming Resources: Offering and Tithe Tithe Total receipts CHARITABLE ACTIVITIES: Grants Charitable projects Church management and administration Church - Hall rental Software Motor and Travelling Expenses Music Ministers / Instrumentalist Fees Church Conference and Office Expenses Equipment Expense Telephone, Fax and Internet Services Printing,Postage &stationery Advert Total Expenditure TOTAL CHARITABLE ACTIVITIES EXPENDITURE Governance Cost Professional and Accountancy fees Bank Charges Legal and Consultancy fees TOTAL GOVERNANCE COSTS TOTAL PAYMENTS Excess of receipts over payments	£ £ 7,319 7,319 9,293 1,114 3,940 12,610 8,440 273 2,441 310 3,201	£ £ 7,319 7,319 9,293 1,114 3,940 12,610 8,440 273 2,441 310 3,201	£ 16,185 24,278 40,463 48,941 48,941 8,478 -
	- - -	41,622 -

		-

Bank current and deposit accounts at 01/01/2024 Bank current and deposits accounts at 31/12/2024			25,330 16,852