GOMER FAITH MINisfRIES REPORTOFTHE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022 GOMER FAITH MINISTRIES TRUSTEES, REPORT AND ACCOUNTS 31 December 2022 p&1
GOMER FAITH MINISTRIES REPORTOF THETRU5fEES FOR THE YEAR ENDED 31 DECEMBER 2022 GOMER FAITH MINISTRIES REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022 INDEX Legal and Administrative Details Trustees, Report Independent Examiners Report Statement of Financial Activities Balance Sheet 10 Notes to Accounts 11-14 pg.2
GOMER FAITH MINISTRIES REPORTOFTHE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2022 GOMER FAITH MINISTRIES LEGAL AND ADMINISTRATIVE DEfAILS Tru5tees- Reverend Joyce Dodo Pastor Michael Lewis Mrs Pauline Lewis Pastor Gerald Thompson Registered Charity No: 1130357 Registered Office No: CIO 3 Rivington Avenue Woodford Green Essex IG8 8LT Independent Examiners: Prime & Co Suite 43, Imperial House 64 Willoughby Lane Tottenham London N17 OSP Bankers: Lloyds TSB Bank PLC PO Box 1000. BXI ILT p&3
GOMER FAITH MINisfRIES REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022 The Trustees of Gomer Faith Mini5trie5 hereby submit their Report. tO8ether with the Financial Staternènts of the Charity for the year endin8 31" December 2022. The financial statements have been prepared on the accounting policies a5 Set out in note I, and comply with the Charitvs Trust Deed Applicable Law and the requirements of the siatement of Recommended Pr3Ctice"Accounting and Reporting by Charities." Structure. Go¥ernan¢e and Management Governin ment Gomer Faith Ministries is a non-denominational Churth, which was registered as a charity on 25, June 2009. It is governed by a Declaration of Trusi. sealed on the 2 November 2LX)7 and operates in accordance with its Constitution. The policy and operating decisions of the Charity rest with the Trustees who meet fegularly to monitor the activities of the Trust. Recruitment and A oin ment of Tlustees New trustee5 are appointed by the Elder5 of the Churchlthe Trustees. A minimum of three tru5tee5 are required by the Declaration of Trust unless one of the trustees is a tntst corporation. Trustees are appointed or removed by a maiority vote of all tru5tee5 present. New trustees are provided with a copy of the declaration of trust and the constitution together with the latest report and accounts and are expetted to attend appropriate 5eminais. meetings and conference5 held in the vear. Trustee Induction and Trainin The tru5tee5 are already familiar with the practical work of the Charity having been involved in other capa¢ities or because of experience gained in their own churthes or organisations. New trustee5 are provided with a copy of the Oedaraiion of Trust and the Constitution, together with the latest report and accounts. They are expetted to attend appropriate seminars. meeting5 and conferences held throughout the year. an5Sational Structure At meetin8S, the Trustees agree the broad strategy and areas of artlvkty foi the Charity, including consideration of grant making applications, investment, reserves and risk management policies and performance. The Chaiity consists of Gomer Faith Ministries. The overseer of the Charity is Pastor Michael A Lewis who is also a Trustee. The day to day administration of the Charity is delegated to the Pastor and the Administrator. The trustees wish to express their sincère appreciation and thanks to all volunteer5 and supporters for their dedication and hard work. Risk Mana ement The trustees have continued to assess the major risks to which the Charity is exposed. in particular those related to the operations and finances of the Charity. The trustees are satisfied that adequate systems are in place to mitigate exposure to major risks. In addition. a Ctiwd-19 Risk Assessment has been created for its member5 safety and according to 8overnmÈnt guideline requirement.
GOMER FAITH MINISTRIES REPORTOFTHETRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022 Objectives of the Charity The objectives of Gomer Faith Ministries are to promote the Kingdom of God through Christian faith and values,. and to a55i5t individuals and families io live effective and successful lives. Our values are entrenched in our very clear mission to restore families and change lives. We aim to achieve this goal through weekly sermons and teaching5, which aTe held on Sunday mornings in conjunction with weekly Bible Sludy and Prayer Meeting5. Other ministry groups have beèn created ro specifically target the needs of our growing congregation. These groups include Toddler5 aged 2-4 years. Sunday school for children aged 4-9 years, junior Ministry for ages 9-14 years and Youth Ministry for young people aged 15-18 years. For new converts we offer specially designed classes called Milk io Meat. We also have both a Women's and Men's, Ministry whith aims to provide a support network for spiritual growth. There are topical seminars to address rnatter5 5Uth as core family values also held throughout the year. There 15 a well stablished annual Family Focus conference wilh invited speakers of distinction. Review of Activities The Trustees, Elders and Members of Gomer Faith Ministries are committed to,'restorin8 families and changing lives., One of the way5 that the ministry rèaches out to the wider community is via a weekly one hour radio programme. The show addresses topics of concern such as.. familyvalues. parenting,. confidence building, career choices.. fear, spiritual growth and community involvement. We aim to unravel the complexities of these issues and suggest a range of prartical 501ution5 for Christians and non-christians alike. Throughout the year respected speakers of note were invited to minister Sermons, run training Wofkshops on general topics of interest as well as Ctsfrent socio-political issues. The speakers eloquently dissect the Word of the Lord, foi all audiences and levels of understanding. Church members. visitors and invited community gve5ts have found it informative. 5UPPOrtive and ernpowerin Corpofate Prayer and Fasting was held in January. April and again in September. With our new premise5 at Destiny Centre which we share w¥th other churches. we begin church at 13:00 to 14.'30 with time for fellowship afterwards. We a150 have the Space available evèry other Ffiday which is used for Worship practice. International Women's Day in March was recogniseil in March as well as Motherfs Day. The Annual Easter program was held in April live on YouTube with the Easter Sunday service led by Pastor Michael. The theme was The Ultimate Price. The week began on Monday with Prayer and Fasting every day until Thursday using the theme of the sermon from scriptures and in prayèrs. In June we began to organise our Back-itrschool programme now renamed the Aruka Fund to have committed sponsors to donate money for backpack5, Stationery. and uniform5 to families in need. We a150 celebrated Father'5 Dav. In September we presented the Marriage Serninar 24125" Septernber, theme "Understanding the Marriage Covenant". As we drd last year, we record part of this seminar professionally with TMH Media which then aired it for us. We also invited different couples in the church to discus5 what they felt wa5 important in their relationship. It was a very SUC$$fUl weekend. We also used TMH Media in October when we recorded Family Focus held on 2V23rd October with the theme "Protert Your Familf. A8ain. a very successful weekend. In November the church held a Thanksgiwng and Appreciation Service to celebrate and give thanks for our New building and time at Destiny Centre and for the Lord's glace on our church family. We invited several people pg-S
GOMER FAITH MINisfRIES REPORTOF THE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2022 who are partners with us as well as Yvette and Robèrt from Destiny Centre as we appfeciate our relationship with them. For Christm85 we celebrated the Saviourfs birth with a wonderful Carol Service and giving Christmas presents to the Children. The service was enjoyed by all. The Chur Gomer Faith Ministries continues to grow at a stea(ty flow of young new Believers. The Toddler group. with a regular cohort of five children- Sunday school and Youth Ministry continue to grow in umber and spiritual development. The Mission Thè ministry made a donation to Pastor Birkett Bennett for his mission to Kènya in Ortober. Public Benefit We have referred to the guidance contained in the Charity Commission's General Guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, The Trustees consider how planned attivities will contribute io the aims and objectives they have set. Total receipts for the year were £61.043 and total payments for the year were £53,285 givin8 a net surplus for the year of £7.758. Statement of Trustees. Res onsibilities Charity Law requires us as Trustees io prepare financial statements for each accounting year which record the receipts and payments of ihe Charity for the year. We are responsible for keeping proper account records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 1991. In preparing the accounts. the Trustees should follow best practice and confirm that they have= lal selected 5Ultable account polrcies and applied them consistentlv- Ibl made judgements and estimates that are reasonable and prudent. Icl followed applicable atcounting 5t3ndaTds. and.. Idl prepared the accounts on a going concèrn basis. We also have a responsibilityto safeguard the a55etsof the charity and to take reasonablesteps to prevent fraud or any other irregularities. p&6
GOMER FAITH MINISTRIES REPORT OF THETRUEE5 FOR THE YEAR ENDED 31 DECEMBER 2022 Approval This Report wa5 approved by the Trustees on....... And signed on their behalf by.. Signed Michael Lewis Chairman pg-7
GOMER FAITH MINISTRIES REPORTOF THETRusfEES FOR THE YEAR ENDED 31 DECEMBER 2022 Inde endent Examiners Re We report on the financial statements of the Charity fof the year ended 31 December 2019. which is set out below, and notes to the financial statements on pages 9 to 12. Res ectfve Res onslbllltles of Trustees and Examiner As the charity Trvstees, you are responsible for the preparation of the accounts,. you consider that an audit is not requiTed for this year lunder sertion 43121 of the Charity Act 1993 (the Act) and that independent examination is needed. It is therefore, our responsibility to= Examine the accounts (under section 43 of the 1993 Actl- To follow the procedures laid down in the Get)eral Directions given by the Charity Commission (under section 43171 Ibl of the Act.. and To state whether particular rnatters have come to our attention. Basis of Inde èndent Examinerfs Re Our examination was carried out in attordancè with the General Direction5 given by the Charity Commission. An exarnination include5 review of the accounting records kept by the Trustees and a comparison of the accounts presented with those records. It also includes considefation of any unusual items or disclosures in the account and seeking explanation from you as the Trustees concernin8 any such matters. The procedures ndertaken 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 fai view. We do not express an audit opinion on the account5. nde endent Examiners Statement In accordance with the examination. no matter has come to our attention: 11 Which gives us reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 41 of the Act- and to prepare accounts which agree with the accounting records and comply with the accounting requirements of the Act- have not been met or 21 To which, in our opinion, attention Should be drawn in order to enable a proper understanding of the accounts to be reached. Name: Evans Ohonba; MSC, MAAT. SiÉnature..K..................................................... pg.8
GOMER FAITH MINISTRIES REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2022 StatemenT ol Flnancial Aclivilles 2022 Tothl 2021 Tothl Unt¢#rlctsd Incom• and •ndovmm•m fr+)m: DOltIonS aThJ legS ¢hantat4e actrties 53 161 51 53 212 43 329 Qlher 7831 7831 4120 TOTAL 51 61.043 47 449 Expendiiur• oth: Raising fvnds Charrtawe a¢¢Mtt¢s Other 53.185 53 285 42 827 Total Nei IncomellexpEDdiwr¢l 53 185 7807 100 49 53 28> 7758 42 827 4622 Re¢oncllSation of lunds= Total fijnds ght forward 12 020 12 020 7398 Towl Funth ¢offled foThMrd 19 B27 19 778 12 020 The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities. pg.9
GOMER FAITH MINISTRIES REPORTOFTHETRusfEES FOR THE YEAR ENDED 31 DECEMBER 2022 GOMER FAITH MINisfRIES BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2022 x* FIXED ASSETS CVRREIIT A55ET5 Debior Baik CJ5h 19 650 11425 Cuiieni Ll8bilhi¢s CredrtLVS NET CURREIIT ASSETS 19 149 PIET ASSETS 19 778 12 02ti FUNOS R•#ricthd 19 718 12 020 TOIAL FLINDS 19 TT8 12 020 These accounts were approved by the trustees on Michael Lewis Ichairmanl p&lO
GOMER FAITH MINISTRIES REPORTOFTHE TRuEEs FOR THEYEAR ENDED 31 DECEMBER 2022 l. Prlncipal accountin8 pollaes The financial Statements have been prepared under the historical cosi convention las modified by the revalvation of freehold properties to market values) and in accordan with the statement of Recommended Practice.. Accounting and Reporting by Charities issued in March 2W5, applicable accounting standards and the Charities Act 1993. bl Fixèd assets and depreuation Tangible fixed assets. except for land and buildin& are stated at tost less where applicable, amounts written off on a straight line ba51S. Rates of depreciatbon= Computer equipment 20% straight line I Income Income resources are recogni5ed in the year for which they are receivable. dl Taxation The charity has received ch3ritable exemption under Section 505 of the Income and Corporation Taxes Act 1988. el Expendlture Expenditure is included in the financial statements on an accnjal basis. 2. Grant. donation and other gifts Granis. donations and other gifts receivable for the general purposes of the Charity are credited to unrestricted funds. Donations for purTX)ses restricte(I by the wishes of the donor are taken to restricted funds. 3. Resour¢es expended Costs of generating funds comprise the costs a550Clated with attrading voluniary income. Charitable expendtture comprises those costs incurred by the charity in the deliverance of its activities and servlces for its beneficiaries. It includes both costs that can be allo¢ated directly to such a¢tivities arsd thosè costs of an indirect nature nece55ary to support thern. Governance cosl includè those costs associated with meeting the Constitutional and statutory Requirements of the charity and include the Independent Examiners fees and costs linked to the strategic management of ihe charity- All costs are allocated between the expenditure categories of the staternent of Financial Activities on a basis designed to reflect the use of the re50urte. Costs relating to a particular activity are allocated directly- others are apportioned on an appropriate basis. ps-11
GOMER FAITH MINisfRIES REPORTOFTHE TRuEE$ FOR THEYEAR ENDED 31 DECEMBER 2022 GOMER FAITH MINISTRIES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022 1. Charitsbl¢ aciivities Church Isons JiIthNJ 2022 Totsl 2021 Total Rént Accountanry Cost Pastor allowance Admin Sal Engeli$M Cost Mission Cost Ilusician Cost Tiapl Exp Storage Children,Y¢NJth Ministry TeleFthone Tuck5hop Insurance RepBirs and Renewals Grft and Donation Printin9 Postage & Siionery Deiecialion Sundnes Building Maintenance Mens ministry Vlomen s I,IirusLry EItt Utilrties 18ffj75 250 18.675 250 8.4 3240 14 146 250 10 750 3240 720 3240 11)0 770 1311 1211 1271 2(WJ 170 1.510 493 170 228 493 1.6 462 1022 810 70 216 1481 1.661 1,482 85 216 85 216 1831 515 515 234 2.574 658 1574 1603 Totls 53 185 100 53 285 42 827 pg. 12
GOMER FAITH MINisfRIES REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2022 2. FIXED ASSETS Computer Equipment Total Cost ai 1st January 2022 Additions Cost al 31si December 2022 1079 1079 1 079 1079 Oepreciation at 1st January 2022 Charge for the year Depreciation at 31st December 2022 234 216 234 216 450 4iO Ilel Book Value at 3151 Decembei 2022 629 629 Nel Book Valuè al 31 Oecember 2021 si 3. CURRENT LIA81LITIES Accrual 501 250 i01 250 pg. 13
GOMER FAITH MINisfRIES REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2022 4.ANALYSIS OF NET ASSETS BETWEEN FUNDS Unreslrictsd Funds Restricted Funds Totsl 2022 Fixed Assets Current Assets CUent Liatslrties Long term liablrties 629 19 650 15011 629 19 650 15011 19 777 19.717 5. RESTRICTED FUNDS Income Expenses 0110112022 3111212022 Buildin9 Fund Missions 1285 128) 31 31 1.316 1316 6. TRUSTEES. EMOLUMENTS 2022 2021 M Lews (Paslorl 8400 10.750 pg. 14