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2024-12-31-accounts

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] , 2024.

AIM AND OBJECTIVE :

MISSION AND EVANGELISM :

NON – CHURCH BASED CHARITABLE ACTIVITIES:

ACHIEVEMENTS:

________________ 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.

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:

________________ Email: info@diademministries.org; www.diademministries.org Registered Charity No: 1128340

MINISTRIES INTERNATIONAL

Office Address: Army Reserve Centre, 312 London Road, London RM7 9NH

DECLARATION

The Trustees declare that they have approved the Trustees’ report above.

Signed on behalf of the Board of Trustees:

Akinyemi Olayinka Akintunde

Chairman Board of Trustees

Diadem Ministries

10/06/2025.

________________ Email: info@diademministries.org; www.diademministries.org Registered Charity No: 1128340

Diadem Ministries International Statement of Financial Activities

For the period from 01 January 2024 to 31 December 2024

Unrestricted Restricted Endowment Total Prior year
funds funds funds funds total funds
Income and endowments from:
Donations and legacies 58,971.19 3,841.00 - 62,812.19 57,990.71
Income from charitable activities - - - - -
Other trading activities - - - - -
Investments - - - - -
Other income 14,307.73 - - 14,307.73 9,228.33
Total income 73,278.92 3,841.00 - 77,119.92 67,219.04
Expenditure on:
Raising funds - - - - -
Expenditure on charitable activities 75,067.79 - - 75,067.79 72,548.08
Other expenditure 2,271.74 - - 2,271.74 2,832.23
Total expenditure 77,339.53 - - 77,339.53 75,380.31
Net income / (expenditure) resources before transfer (4,060.61) 3,841.00 - (219.61) (8,161.27)
Transfers:
Gross transfers between funds - in 2,643.07 - - 2,643.07 2,915.28
Gross transfers between funds - out (2,643.07) - - (2,643.07) (2,915.28)
Other recognised gains / losses
Gains/losses on investment assets - - - - -
Gains on revaluation,fixed assets,charity's own use - - - - -
Net movement in funds (4,060.61) 3,841.00 - (219.61) (8,161.27)
Reconciliation of funds
Total funds brought forward 64,806.98 39,769.16 - 104,576.14 112,737.41
Total funds carried forward 60,746.37 43,610.16 - 104,356.53 104,576.14

(15 April 2025 2:27 am) Page 1 of 1

Diadem Ministries International

Analysis of income and expenditure Selected period: 01 January 2024 to 31 December 2024

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
Other income Totals
Income and endowments Grand totals
56,931.10
-
-
-
56,931.10
53,702.71
-
2,040.09
3,841.00
-
5,881.09
4,288.00
56,931.10
2,040.09
3,841.00
-
62,812.19
57,990.71
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
14,250.23
-
-
-
14,250.23
9,228.33
-
57.50
-
-
57.50
-
14,250.23
57.50
-
-
14,307.73
9,228.33
71,181.33
2,097.59
3,841.00
-
77,119.92
67,219.04
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
Other expenditure
2002 - Pension
2403 - Insurance
-
-
-
-
-
-
9,976.62
-
-
-
9,976.62
9,921.21
28,547.52
-
-
-
28,547.52
28,517.98
13,394.66
-
-
-
13,394.66
13,018.30
907.38
-
-
-
907.38
878.80
1,772.68
-
-
-
1,772.68
2,245.75
13,262.12
2,163.03
-
-
15,425.15
13,648.79
1,538.78
-
-
-
1,538.78
2,019.25
3,505.00
-
-
-
3,505.00
2,298.00
72,904.76
2,163.03
-
-
75,067.79
72,548.08
1,833.34
-
-
-
1,833.34
2,166.71
438.40
-
-
-
438.40
665.52

(15 April 2025 2:24 am) Page 1 of 2

Total
General
Designated
Restricted
Endowment
This year
Last year
Other expenditure Totals
Expenditure Grand totals
2,271.74
-
-
-
2,271.74
2,832.23
75,176.50
2,163.03
-
-
77,339.53
75,380.31

(15 April 2025 2:24 am) Page 2 of 2

Diadem Ministries International

Balance Sheet (Separate funds)

General
Designated
Restricted
Endowment
At 31/12/2024
£
At 31/12/2023
£
Fixed assets
Current assets
Debtors
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 - Building Fund
Fund Totals
-
-
-
-
-
-
6,788.00
-
-
-
6,788.00
6,588.00
47,279.21
6,679.16
43,610.16
-
97,568.53
97,988.14
54,067.21
6,679.16
43,610.16
-
104,356.53
104,576.14
-
-
-
-
-
-
54,067.21
6,679.16
43,610.16
-
104,356.53
104,576.14
54,067.21
6,679.16
43,610.16
-
104,356.53
104,576.14
-
-
-
-
-
-
54,067.21
6,679.16
43,610.16
-
104,356.53
104,576.14
54,067.21
-
-
-
54,067.21
57,384.19
-
5,037.57
-
-
5,037.57
4,639.40
-
1,641.59
-
-
1,641.59
1,641.59
-
-
-
-
-
1,141.80
-
-
43,610.16
-
43,610.16
39,769.16
54,067.21
6,679.16
43,610.16
-
104,356.53
104,576.14

(15 April 2025 2:25 am) Page 1 of 1

Diadem Ministries International Statement of Financial Activities

For the period from 01 January 2024 to 31 December 2024

Unrestricted Restricted Endowment Total Prior year
funds funds funds funds total funds
Income and endowments from:
Donations and legacies 58,971.19 3,841.00 - 62,812.19 57,990.71
Income from charitable activities - - - - -
Other trading activities - - - - -
Investments - - - - -
Other income 14,307.73 - - 14,307.73 9,228.33
Total income 73,278.92 3,841.00 - 77,119.92 67,219.04
Expenditure on:
Raising funds - - - - -
Expenditure on charitable activities 75,067.79 - - 75,067.79 72,548.08
Other expenditure 2,271.74 - - 2,271.74 2,832.23
Total expenditure 77,339.53 - - 77,339.53 75,380.31
Net income / (expenditure) resources before transfer (4,060.61) 3,841.00 - (219.61) (8,161.27)
Transfers:
Gross transfers between funds - in 2,643.07 - - 2,643.07 2,915.28
Gross transfers between funds - out (2,643.07) - - (2,643.07) (2,915.28)
Other recognised gains / losses
Gains/losses on investment assets - - - - -
Gains on revaluation,fixed assets,charity's own use - - - - -
Net movement in funds (4,060.61) 3,841.00 - (219.61) (8,161.27)
Reconciliation of funds
Total funds brought forward 64,806.98 39,769.16 - 104,576.14 112,737.41
Total funds carried forward 60,746.37 43,610.16 - 104,356.53 104,576.14

(15 April 2025 2:27 am) Page 1 of 1

Diadem Ministries International

Analysis of income and expenditure Selected period: 01 January 2024 to 31 December 2024

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
Other income Totals
Income and endowments Grand totals
56,931.10
-
-
-
56,931.10
53,702.71
-
2,040.09
3,841.00
-
5,881.09
4,288.00
56,931.10
2,040.09
3,841.00
-
62,812.19
57,990.71
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
14,250.23
-
-
-
14,250.23
9,228.33
-
57.50
-
-
57.50
-
14,250.23
57.50
-
-
14,307.73
9,228.33
71,181.33
2,097.59
3,841.00
-
77,119.92
67,219.04
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
Other expenditure
2002 - Pension
2403 - Insurance
-
-
-
-
-
-
9,976.62
-
-
-
9,976.62
9,921.21
28,547.52
-
-
-
28,547.52
28,517.98
13,394.66
-
-
-
13,394.66
13,018.30
907.38
-
-
-
907.38
878.80
1,772.68
-
-
-
1,772.68
2,245.75
13,262.12
2,163.03
-
-
15,425.15
13,648.79
1,538.78
-
-
-
1,538.78
2,019.25
3,505.00
-
-
-
3,505.00
2,298.00
72,904.76
2,163.03
-
-
75,067.79
72,548.08
1,833.34
-
-
-
1,833.34
2,166.71
438.40
-
-
-
438.40
665.52

(15 April 2025 2:24 am) Page 1 of 2

Total
General
Designated
Restricted
Endowment
This year
Last year
Other expenditure Totals
Expenditure Grand totals
2,271.74
-
-
-
2,271.74
2,832.23
75,176.50
2,163.03
-
-
77,339.53
75,380.31

(15 April 2025 2:24 am) Page 2 of 2

Diadem Ministries International

Balance Sheet (Separate funds)

General
Designated
Restricted
Endowment
At 31/12/2024
£
At 31/12/2023
£
Fixed assets
Current assets
Debtors
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 - Building Fund
Fund Totals
-
-
-
-
-
-
6,788.00
-
-
-
6,788.00
6,588.00
47,279.21
6,679.16
43,610.16
-
97,568.53
97,988.14
54,067.21
6,679.16
43,610.16
-
104,356.53
104,576.14
-
-
-
-
-
-
54,067.21
6,679.16
43,610.16
-
104,356.53
104,576.14
54,067.21
6,679.16
43,610.16
-
104,356.53
104,576.14
-
-
-
-
-
-
54,067.21
6,679.16
43,610.16
-
104,356.53
104,576.14
54,067.21
-
-
-
54,067.21
57,384.19
-
5,037.57
-
-
5,037.57
4,639.40
-
1,641.59
-
-
1,641.59
1,641.59
-
-
-
-
-
1,141.80
-
-
43,610.16
-
43,610.16
39,769.16
54,067.21
6,679.16
43,610.16
-
104,356.53
104,576.14

(15 April 2025 2:25 am) Page 1 of 1