## **MINISTRIES INTERNATIONAL** Office Address: Army Reserve Centre, 312 London Road, London RM7 9NH This being the Trustees’ report for Diadem Ministries International Aka Diadem Church from the period of January 1[st] to December 31[st] , 2022. ## **AIM AND OBJECTIVE** : - Preaching the gospel, helping people to find and be established in their faith. - Helping people to develop a good character based on the love of God and love for humanity, thereby making a better total person out of individuals and the society at large. - Having an impact on communities through social responsibilities and welfare activities as a body and encouraging members to do the same as families and individuals. ## **MISSION AND EVANGELISM** : - Evangelism and teaching the word of Christ in all possible ways to all. ## **NON – CHURCH BASED CHARITABLE ACTIVITIES:** - Giving helping hands especially in funds, as endowed, to people or groups of people in need across the nation of the earth as deemed fit. - Giving household materials out to the needy. - Giving food items to the needy. ## **ACHIEVEMENTS:** - More families and individuals were reached in various ways and forms through the ministry activities. - More welfare packages were distributed to members in cash, food items and other materials as palliatives throughout the year. - The Feast of Ingathering which is our annual flagship program held between November 25[th] and 27[th] . The Highlights included: - Graduation of the second set of students from Diadem School of Faith. - Ordination of new sets of volunteering workers in the mission. - The foreign mission supports through cash donations to various field missions was to the tune of 10% of all the ministry’s income and include support for special mission to Angola through one of our mission partners in Africa. __________________________________________________________________________________ Email: info@diademministries.org; www.diademministries.org Registered Charity No: 1128340 ## **MINISTRIES INTERNATIONAL** Office Address: Army Reserve Centre, 312 London Road, London RM7 9NH ## **DONATIONS** All donations received were voluntary giving of our members through tithes, offerings, and special giving. Budget performance in term of expected income and expenditure versus the actual income and expenditure was positive. ## **VOLUNTEERS:** The church had more volunteers trained and added to the existing work force. ## **ADMINISTRATION:** The administrative and spiritual oversight of the Church is handled by Dr Akinyemi Olayinka Akintunde who remains the Lead Pastor and Chairman of the Board. __________________________________________________________________________________ Email: info@diademministries.org; www.diademministries.org Registered Charity No: 1128340 ## **MINISTRIES INTERNATIONAL** Office Address: Army Reserve Centre, 312 London Road, London RM7 9NH ## **NOTE:** There is no other significant change in the operation of the charity within the said period. This being the Trustee’s report agreed upon for the said period and prepared on behalf of the Board of Trustees by Dr Akinyemi Olayinka Akintunde. Attached along with this report are: - The financial account of the mission showing the income and - expenditure of the charity monthly. - The 2022 Budget performance. ## **DECLARATION** The Trustees declare that they have approved the Trustees’ report above. Signed on behalf of the Board of Trustees: _Akinyemi Olayinka Akintunde_ __________________________________________________________________________________ Email: info@diademministries.org; www.diademministries.org Registered Charity No: 1128340 ## **MINISTRIES INTERNATIONAL** Office Address: Army Reserve Centre, 312 London Road, London RM7 9NH _Chairman Board of Trustees_ _Diadem Ministries_ ## _04/05/2023._ __________________________________________________________________________________ Email: info@diademministries.org; www.diademministries.org Registered Charity No: 1128340 ## **Diadem Ministries International Statement of Financial Activities** ## **For the period from 01 January 2022 to 31 December 2022** ||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Prior year**| |---|---|---|---|---|---| ||**funds**|**funds**|**funds**|**funds**|**total funds**| |**Income and endowments from:**|||||| |Donations and legacies|59,077.21|725.00|-|59,802.21|64,043.32| |Income from charitable activities|-|-|-|-|-| |Other trading activities|-|-|-|-|-| |Investments|-|-|-|-|-| |Other income|8,635.12|-|-|8,635.12|23,561.50| |**Total income**|**67,712.33**|**725.00**|**-**|**68,437.33**|**87,604.82**| |**Expenditure on:**|||||| |Raising funds|-|-|-|-|-| |Expenditure on charitable activities|70,254.59|-|-|70,254.59|50,210.37| |Other expenditure|3,835.83|-|-|3,835.83|16,756.48| |**Total expenditure**|**74,090.42**|**-**|**-**|**74,090.42**|**66,966.85**| |**Net income / (expenditure) resources before transfer**|**(6,378.09)**|**725.00**|**-**|**(5,653.09)**|**20,637.97**| |**Transfers:**|||||| |Gross transfers between funds - in|836.76|-|-|836.76|341.25| |Gross transfers between funds - out|-|(836.76)|-|(836.76)|(341.25)| |**Other recognised gains / losses**|||||| |Gains/losses on investment assets|-|-|-|-|-| |Gains on revaluation,fixed assets,charity's own use|-|-|-|-|-| |**Net movement in funds**|**(5,541.33)**|**(111.76)**|**-**|**(5,653.09)**|**20,637.97**| |**Reconciliation of funds**|||||| |**Total funds brought forward**|**79,596.58**|**38,793.92**|**-**|**118,390.50**|**97,752.53**| |**Total funds carried forward**|**74,055.25**|**38,682.16**|**-**|**112,737.41**|**118,390.50**| (4 May 2023 5:19 am) Page 1 of 1 ## **Diadem Ministries International** ## **Analysis of income and expenditure Selected period: 01 January 2022 to 31 December 2022** ||**Total**
**General**
**Designated**
**Restricted**
**Endowment**
**This year**
**Last year**| |---|---| |**Income and endowments from:**
**Donations and legacies**
0301 - Offerring, Tithes, Seeds & Other Donations
0401 - Other Givings
**Donations and legacies Totals**
**Income from charitable activities**
**Income from charitable activities Totals**
**Other trading activities**
1201 - Bookstore transactions - sales
**Other trading activities Totals**
**Investments**
**Investments Totals**
**Other income**
0601 - Gift Aid recovered
1301 - Other Income
1302 - Loan Repayment
1401 - Retreat Donations
**Other income Totals**
**Income and endowments Grand totals**|57,255.71
-
-
-
57,255.71
59,745.65
-
1,821.50
725.00
-
2,546.50
4,297.67| ||**57,255.71**
**1,821.50**
**725.00**
**-**
**59,802.21**
**64,043.32**| ||**-**
**-**
**-**
**-**
**-**
**-**
-
-
-
-
-
-| ||**-**
**-**
**-**
**-**
**-**
**-**| ||**-**
**-**
**-**
**-**
**-**
**-**
7,999.28
-
-
-
7,999.28
9,541.50
545.84
-
-
-
545.84
920.00
-
-
-
-
-
13,100.00
-
90.00
-
-
90.00
-| ||**8,545.12**
**90.00**
**-**
**-**
**8,635.12**
**23,561.50**| ||**65,800.83**
**1,911.50**
**725.00**
**-**
**68,437.33**
**87,604.82**| ## **Expenditure on:** |**Raising funds**
**Raising funds Totals**
**Expenditure on charitable activities**
1801 - Tithe, Welfare & Missionary
2001 - Salaries, Wages and Honorarium
2301 - Rent
2302 - Printing & Stationary
2303 - Church Equipments
2304 - Other Expenses
2401 - Telephone
2402 - Security
**Expenditure on charitable activities Totals**|| |---|---| ||**-**
**-**
**-**
**-**
**-**
**-**
6,664.84
-
-
-
6,664.84
6,845.48
24,617.27
-
-
-
24,617.27
20,205.11
13,694.96
-
-
-
13,694.96
12,691.00
805.73
-
-
-
805.73
819.71
4,621.41
-
-
-
4,621.41
1,477.02
15,481.00
550.00
-
-
16,031.00
4,793.42
1,887.38
-
-
-
1,887.38
1,608.63
1,932.00
-
-
-
1,932.00
1,770.00| ||**69,704.59**
**550.00**
**-**
**-**
**70,254.59**
**50,210.37**| ## **Other expenditure** (4 May 2023 5:18 am) Page 1 of 2 ||**Total**
**General**
**Designated**
**Restricted**
**Endowment**
**This year**
**Last year**| |---|---| |2002 - Pension
2305 - Retreat
2403 - Insurance
2501 - Bookstore purchases
9901 - Loan to Members
**Other expenditure Totals**
**Expenditure Grand totals**|1,649.83
-
-
-
1,649.83
1,570.40
-
2,186.00
-
-
2,186.00
475.00
-
-
-
-
-
711.08
-
-
-
-
-
-
-
-
-
-
-
14,000.00| ||**1,649.83**
**2,186.00**
**-**
**-**
**3,835.83**
**16,756.48**| ||**71,354.42**
**2,736.00**
**-**
**-**
**74,090.42**
**66,966.85**| (4 May 2023 5:18 am) Page 2 of 2 ## **Diadem Ministries International** ## **Balance Sheet (Separate funds)** ||**General**
**Designated**
**Restricted**
**Endowment**
**At 31/12/2022**
**£**
**At 31/12/2021**
**£**| |---|---| |**Fixed assets**
**Current assets**
Debtors
Investments
Cash At Bank And In Hand
**Liabilities**
**Net current assets less current liabilities**
**Total assets less current liabilities**
**Liabilities**
**Total net assets less liabilities**
**Represented by**
**Unrestricted**
Unrestricted - General Fund
**Designated**
Designated - D.Brides
Designated - Diadem Men
Designated - Retreat
**Restricted**
Restricted - Bookstore Fund
Restricted - Building Fund
**Fund Totals**|| ||**-**
**-**
**-**
**-**
**-**
**-**| ||4,858.00
-
-
-
4,858.00
4,958.00
-
-
-
-
-
836.76
60,360.76
8,836.49
38,682.16
-
107,879.41
112,595.74| ||**65,218.76**
**8,836.49**
**38,682.16**
**-**
**112,737.41**
**118,390.50**| ||| ||**-**
**-**
**-**
**-**
**-**
**-**| ||| ||**65,218.76**
**8,836.49**
**38,682.16**
**-**
**112,737.41**
**118,390.50**| ||| ||**65,218.76**
**8,836.49**
**38,682.16**
**-**
**112,737.41**
**118,390.50**| ||| ||**-**
**-**
**-**
**-**
**-**
**-**| ||| ||**65,218.76**
**8,836.49**
**38,682.16**
**-**
**112,737.41**
**118,390.50**| ||65,218.76
-
-
-
65,218.76
69,935.59
-
6,364.10
-
-
6,364.10
6,014.10
-
1,330.59
-
-
1,330.59
1,094.09
-
1,141.80
-
-
1,141.80
2,552.80
-
-
-
-
-
836.76
-
-
38,682.16
-
38,682.16
37,957.16| ||**65,218.76**
**8,836.49**
**38,682.16**
**-**
**112,737.41**
**118,390.50**| (4 May 2023 5:23 am) Page 1 of 1 ## **Diadem Ministries International Statement of Financial Activities** ## **For the period from 01 January 2022 to 31 December 2022** ||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Prior year**| |---|---|---|---|---|---| ||**funds**|**funds**|**funds**|**funds**|**total funds**| |**Income and endowments from:**|||||| |Donations and legacies|59,077.21|725.00|-|59,802.21|64,043.32| |Income from charitable activities|-|-|-|-|-| |Other trading activities|-|-|-|-|-| |Investments|-|-|-|-|-| |Other income|8,635.12|-|-|8,635.12|23,561.50| |**Total income**|**67,712.33**|**725.00**|**-**|**68,437.33**|**87,604.82**| |**Expenditure on:**|||||| |Raising funds|-|-|-|-|-| |Expenditure on charitable activities|70,254.59|-|-|70,254.59|50,210.37| |Other expenditure|3,835.83|-|-|3,835.83|16,756.48| |**Total expenditure**|**74,090.42**|**-**|**-**|**74,090.42**|**66,966.85**| |**Net income / (expenditure) resources before transfer**|**(6,378.09)**|**725.00**|**-**|**(5,653.09)**|**20,637.97**| |**Transfers:**|||||| |Gross transfers between funds - in|836.76|-|-|836.76|341.25| |Gross transfers between funds - out|-|(836.76)|-|(836.76)|(341.25)| |**Other recognised gains / losses**|||||| |Gains/losses on investment assets|-|-|-|-|-| |Gains on revaluation,fixed assets,charity's own use|-|-|-|-|-| |**Net movement in funds**|**(5,541.33)**|**(111.76)**|**-**|**(5,653.09)**|**20,637.97**| |**Reconciliation of funds**|||||| |**Total funds brought forward**|**79,596.58**|**38,793.92**|**-**|**118,390.50**|**97,752.53**| |**Total funds carried forward**|**74,055.25**|**38,682.16**|**-**|**112,737.41**|**118,390.50**| (4 May 2023 5:19 am) Page 1 of 1 ## **Diadem Ministries International** ## **Analysis of income and expenditure Selected period: 01 January 2022 to 31 December 2022** ||**Total**
**General**
**Designated**
**Restricted**
**Endowment**
**This year**
**Last year**| |---|---| |**Income and endowments from:**
**Donations and legacies**
0301 - Offerring, Tithes, Seeds & Other Donations
0401 - Other Givings
**Donations and legacies Totals**
**Income from charitable activities**
**Income from charitable activities Totals**
**Other trading activities**
1201 - Bookstore transactions - sales
**Other trading activities Totals**
**Investments**
**Investments Totals**
**Other income**
0601 - Gift Aid recovered
1301 - Other Income
1302 - Loan Repayment
1401 - Retreat Donations
**Other income Totals**
**Income and endowments Grand totals**|57,255.71
-
-
-
57,255.71
59,745.65
-
1,821.50
725.00
-
2,546.50
4,297.67| ||**57,255.71**
**1,821.50**
**725.00**
**-**
**59,802.21**
**64,043.32**| ||**-**
**-**
**-**
**-**
**-**
**-**
-
-
-
-
-
-| ||**-**
**-**
**-**
**-**
**-**
**-**| ||**-**
**-**
**-**
**-**
**-**
**-**
7,999.28
-
-
-
7,999.28
9,541.50
545.84
-
-
-
545.84
920.00
-
-
-
-
-
13,100.00
-
90.00
-
-
90.00
-| ||**8,545.12**
**90.00**
**-**
**-**
**8,635.12**
**23,561.50**| ||**65,800.83**
**1,911.50**
**725.00**
**-**
**68,437.33**
**87,604.82**| ## **Expenditure on:** |**Raising funds**
**Raising funds Totals**
**Expenditure on charitable activities**
1801 - Tithe, Welfare & Missionary
2001 - Salaries, Wages and Honorarium
2301 - Rent
2302 - Printing & Stationary
2303 - Church Equipments
2304 - Other Expenses
2401 - Telephone
2402 - Security
**Expenditure on charitable activities Totals**|| |---|---| ||**-**
**-**
**-**
**-**
**-**
**-**
6,664.84
-
-
-
6,664.84
6,845.48
24,617.27
-
-
-
24,617.27
20,205.11
13,694.96
-
-
-
13,694.96
12,691.00
805.73
-
-
-
805.73
819.71
4,621.41
-
-
-
4,621.41
1,477.02
15,481.00
550.00
-
-
16,031.00
4,793.42
1,887.38
-
-
-
1,887.38
1,608.63
1,932.00
-
-
-
1,932.00
1,770.00| ||**69,704.59**
**550.00**
**-**
**-**
**70,254.59**
**50,210.37**| ## **Other expenditure** (4 May 2023 5:18 am) Page 1 of 2 ||**Total**
**General**
**Designated**
**Restricted**
**Endowment**
**This year**
**Last year**| |---|---| |2002 - Pension
2305 - Retreat
2403 - Insurance
2501 - Bookstore purchases
9901 - Loan to Members
**Other expenditure Totals**
**Expenditure Grand totals**|1,649.83
-
-
-
1,649.83
1,570.40
-
2,186.00
-
-
2,186.00
475.00
-
-
-
-
-
711.08
-
-
-
-
-
-
-
-
-
-
-
14,000.00| ||**1,649.83**
**2,186.00**
**-**
**-**
**3,835.83**
**16,756.48**| ||**71,354.42**
**2,736.00**
**-**
**-**
**74,090.42**
**66,966.85**| (4 May 2023 5:18 am) Page 2 of 2 ## **Diadem Ministries International** ## **Balance Sheet (Separate funds)** ||**General**
**Designated**
**Restricted**
**Endowment**
**At 31/12/2022**
**£**
**At 31/12/2021**
**£**| |---|---| |**Fixed assets**
**Current assets**
Debtors
Investments
Cash At Bank And In Hand
**Liabilities**
**Net current assets less current liabilities**
**Total assets less current liabilities**
**Liabilities**
**Total net assets less liabilities**
**Represented by**
**Unrestricted**
Unrestricted - General Fund
**Designated**
Designated - D.Brides
Designated - Diadem Men
Designated - Retreat
**Restricted**
Restricted - Bookstore Fund
Restricted - Building Fund
**Fund Totals**|| ||**-**
**-**
**-**
**-**
**-**
**-**| ||4,858.00
-
-
-
4,858.00
4,958.00
-
-
-
-
-
836.76
60,360.76
8,836.49
38,682.16
-
107,879.41
112,595.74| ||**65,218.76**
**8,836.49**
**38,682.16**
**-**
**112,737.41**
**118,390.50**| ||| ||**-**
**-**
**-**
**-**
**-**
**-**| ||| ||**65,218.76**
**8,836.49**
**38,682.16**
**-**
**112,737.41**
**118,390.50**| ||| ||**65,218.76**
**8,836.49**
**38,682.16**
**-**
**112,737.41**
**118,390.50**| ||| ||**-**
**-**
**-**
**-**
**-**
**-**| ||| ||**65,218.76**
**8,836.49**
**38,682.16**
**-**
**112,737.41**
**118,390.50**| ||65,218.76
-
-
-
65,218.76
69,935.59
-
6,364.10
-
-
6,364.10
6,014.10
-
1,330.59
-
-
1,330.59
1,094.09
-
1,141.80
-
-
1,141.80
2,552.80
-
-
-
-
-
836.76
-
-
38,682.16
-
38,682.16
37,957.16| ||**65,218.76**
**8,836.49**
**38,682.16**
**-**
**112,737.41**
**118,390.50**| (4 May 2023 5:23 am) Page 1 of 1