## **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** :
- 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.
- Various empowerment and mentorship classes organised for the junior
- church, especially the teenagers.
- The church was represented in various meetings with the East Constabulary head of the London metropolitan Police for effective community integration.
- More online presence on social media via various content posting and online services to reach global community of believers in positive way for edification, and the unreached world for conversion.
- Our senior pastor, Dr Akinyemi Olayinka Akintunde was awarded with leadership certificate honour in community work and positive impact by the head of the East London constabulary of the Metropolitan Police.
- The Feast of Ingathering which is our annual flagship program held between November 29[th] and December 1[st] . The Highlights included:
__________________________________________________________________________________ Email: info@diademministries.org; www.diademministries.org Registered Charity No: 1128340
## **MINISTRIES INTERNATIONAL**
Office Address: Army Reserve Centre, 312 London Road, London RM7 9NH
- Graduation of the second set of students from Diadem School of Faith.
- Ordination of new sets of volunteering workers in the mission.
- Pakistan mission witnessed the birth of the first adult church in July 2024 and has been growing in number to around 100 adults, aside the children church.
## **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:
- The financial account of the mission showing the income and expenditure of the charity monthly for the year 2024.
- The 2024 Budget performance.
__________________________________________________________________________________ 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