GOMER FAtTH MINISTRIES REPORTOF THETRusfEES FOR THE YEAR ENDED 31 DECEMBER 2023 GOMER FAITH MINISTRIES TRUSTEES, REPORT AND ACCOUNTS 31 December 2023 p&1
GOMER FAITH MINisfRIES REPORTOF THETRusfEES FOR THE YEAR ENDED 31 DECEMBER 2023 GOMER FAITH MINISThIES REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 INDEX Legal and Administrative Details Trustees, Report Independent Examiners Report Statement of Financial Activities Balance Sheet io Notes to Accounts 11-14 p&2
GOMER FAITH MINISTRIES REPORTOFTHETRusfEES FOR THE YEAR ENDED 31 DECEMBER 2023 GOMER FAITH MINISTRIES LEGAL AND ADMINISTRATIVE DEfAILS Trustees: Reverend Joyce Dodo Pastor Michael Lewis Mrs Pauline Lewis Pastor Gerald Thompson Registered Charity No- 1130357 Registered Office No: C/0 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 IOCM). BXI ILT p&3
GOMER FAITH MINISTRIES REPORTOF THETRusfEES FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustees of Gomer Faith Ministries hefeby Submit their Report, together with the Financial Statement5 of the Charity for the year ending 31° Oeeember 2023. The financial statements have been prepared on the accounting poli¢ie5 as set out in note l. and comply with the ChariW5 Trust Deed Applicable Law and the requirements of the Statement of Recommended Practi -Accounting and Reporting by Charities." Stru¢ture. Go¥emance and Management Governin Documen Gomer Faith Ministries 15 a non-dènominational Churth, which was registefed as a charlty on 25, June 2009. It is governed by a De¢laration of Trust, sealed on the 2 November 27 and operates in accordance with its Constitution. The policy and operating de¢ision5 of the Charity rest with the Trustees who meet regularly to monitor the activities of the Trust. Recrultment and A oln ment of Tr New trustees are appointed by the Elders of the Churchlthe Trustees. A minimum of three tyustèes are required by the Detlaration of Trust unless one of the trustee5 15 a trust corporation. Trustees are appointed or removed by a majority vote of all trustee5 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 expected to attend approprsate seminars. meetings and conferences held in the vear. Tr tee Inducti n and Trainl The trustees are already familiar with the practical work of the Charity ha¥in8 been involved in othèr capacities or because of experience gained in their own churches or organisatiort5. New trustees are provided with a copy of the Declaration of Trust and the Constitution. together with the latest report and accounts. They are expected to attend appropriate seminars. meetings and conference5 held throu8hout the year. nisational Str re At meetings. the Trustees the broad strategy and areas of attivity for the Charity. including consideration of grant making applications, investment. reserves and risk management policies and performance. The Charity tonsists of Gomer Faith MSnistrie5. The overseer of the Charity is Pastor Michael A Lewis who is also a Trustee. The day to day adrninistraiion of the Charity is delegated to the Pastor and the Administrator. The trustees wish to express their sincere appreuation and thanks to all volunteers and supportèr5 for their dedication and hard work. Mana em The trustees have continued to assess the major risks to which the Charity rs exposed. in particular those related to the operation5 and finances of the Charity. The trustees are Satisfied that adequate systems are in place to mitigate exposure to major risks. In addition. a Covid-19 Risk A55essment has been created for its members safety and accordin8 to governmènt guideline requirement. pg-4
GOMER FAITH MINisfRIES REPORTOF THETRUSTEES FOR ThE YEAR ENDED 31 DECEMBER 2023 Oblectlves of the Charlty The objective5 of Gomer Faith Ministries are to promote the Kingdom of God through Christ13n faith and valuès; and to asslst individuals and families to live effective and sucsSful lives. Our values are entrenched in our very clear mission to restore families and change lives. We aim to achieve this go31 through weekly sermons and teaching5, which are held on Sunday mornings in conjunction with weekly Bible Study and Prayer Meetin8S. Other ministry groups have been created to specifically target the needs of our growin8 congregation. Sunday school was for childrÈn aged 4-12 years and youth 13-18. For new converts we offer specially desiEt)ed classes called Milk to Meat. Wè also have both a Women's and Men's, Ministry which aims to prowde a support network for spiritual growth. There are topical seminars to address matters such as core family values also held throughout the year. There is a well stabli5hed annual Family Focu5 conference with invited speakers of distinction. Revlew of Artivities The Trustees, Elder5 and Members of Gomer Faith Ministries are Committed to.'restoring families and changing live5.' One of the ways that the ministry reaches out to the wider community is via a weekly one hour radlo programme. The show3ddie55estopics of concern such as= familyvalues. parenting.. confidence building, career choite5; fear, spiritual growth and community involvement. We aim to unravel the complexities of these issues and suggest a ran8e of practical solutions for Christians and non<hristians alikè. Throughout the year respected speaker5 of note were invited to minister sermon5, run training workshops on general topics of interest as well as current socio-political issues. The speaker5 eloquently dissect the Word of the Lord. for all audiences and levels of understanding. Church rnembers. visitors and invited community guests have found it informative, 5UPPOrtive and empowering. Corporate Prayer and Fasting was held in January, April and again in September. Wlth our new premlses at Destiny Centre which we share with other churche5, we bogin church at 13..W to 14:30 with time for fellowship afterwards. We also have the space available every othèr Friday which is used for Worshlp prarti. We recogni5ed International Women's Day in March followed by an Afternoon Tea. Motherfs Day in March. We also celebrated The Annual Easter program was held in April on live and on YouTube with the Easter Sundèy service led by Pastor Michael A Lewis. The theme was Empty crn. Empty Tornb. In June we be8an to organise our community programme called the Aruka Fund. We were able to help with vouchers for families with children who nee(Jed school uniform& Thi5 was completed in the autumn term. We also celebrated Fatherfs Day in June. Avgust the church was blessed to come together for a Family Fun Day at Hainauli Forest Country Park. September be8an with prayer and fa5tin8 wilh the theme 'Abide in Me,. On the 24th September we celebrated Harvest Festival. In September we also invited Sister Claudine to join us to help with ministry to the youth. We believe great things will be achieved throu8h her faith in God. In October we held Family Focus over five weeks. The theme wa5 Moving fogether as o Fomily. We invited Pastor Delrose to teach on Singles. Pastor Andiew on Couples. Pastor Michael on Children. Dwight Mccook on Young people and Pastor Fyrcy on Famity- It was a great time of leaming how God wants us to focus on the family. p&5
GOMER FAITH MINISTRIES REPORTOF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 Foi ChflStm85 we celebrated the Sawourf5 birth with a wonderful Carol Service. Hampers were passed out to the homeless charity Branches and to Lyndon Children Family Hub. Thechur Gomer Faith Ministrles continues to baptise new believers. Sunday school and Youth Ministry continue to grow in 5Pllltual development. Also the church assisted families by dedicating their newborns to the Lord. The Missl This year Gomer Faith Mlnistry supported Waltham Forest by donatingvou¢her5fof children who needed school unrforms and hampers for the homeless charities Branches and Lyndon Children Family Hub. We have referred to the guidance cofttaine(l in the Charity Commission's General Guidance on public benefit when reviewing our airn and objectives and in planning our future activities. In particular. The Trustees consider how planned artivitie5 will contribute to the aims and objectives they have set. Totsi receipts for ihe year were £58.581 and total payments for the year werè £62,775 giving a net deficit for the year of1£4.1941. Statement f Trustees. Res on Charity Law requires u5 as Trustees to prepare financial statèments for each accounting year whlch record the receipts and payments of the Charity for the year. We are responsible for keeping proper account records which disclose with reasonable accuracy at any time the financlal position of the charity and enable us to ensure that the financial statements comply with the Charities Act 1991. In preparin8 the accounts. the Trustees should follow tjest practice and confirm that they have: lal selected suitable account poliaÈ% and applied them ¢on51Stently- Ibl made judgements and estimates that are reasonable and prudent- Icl followed applicable accounting standards, and.. Idl prepared the accounts on a going concern basi We a150 have a responsibiltty to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities. pg-6
GOMER FAITH MINISTRIES REPORT OF THETRUEES FOR THE YEAR ENDED 31 DECEMBER 2023 Approval This Report wès approved by the Trustees On .......... ...........................-.. And signeil on their behalf by: Signed Michael Lewis Chairman p&7
GOMER FAITH MINisfRIES REPORTOFTHE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2023 ndent Examin Re We report on the financial ststemènts of the Charity for the year ended 31 Decernber 2023. which is Set out below, and notes to the financial statements on pages 9 to 12. Res ctlve Res onsibllltles f Trustees and Examiner As the charity Tru5tee5, you are responsible for the preparation of the accounts; you consider that ars audit IS not required for this year (under section 43121 of the Charity Aci 1993 Ithe Act) and that independent examination is needed. It 15 thereforè. our responsibility to: Examine the accounts lunder 5ertion 43 of thè 1993 Actl- To follow the procedures laid down in the General Directions given by the Charity Commission lunder sertion 43171 Ibl of the Act. and To state whether particular matters have come to our attention. Basss of Indè nt Examlnerfs Our exarnination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes rewew of the accounting record5 kept by the Trustees and a compari50n of the accounts presented with thosè records. It also indudes consideration of any unusual items or disclosures in the account and seeking explanation from you as the Trustees concerning any such matters. The proced(tres undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is Eiven as to whether the ac¢ounts present a 'true and fait ew. We do not express an audit opinlon on the accounts. Inde enden E¥aminers Statem In accordancè with the examination, no matter has tome to our attention= 11 Which gives us reasonable causè to belFeve that in any material respect the requirements: to keep accounting rectsrds in accordance with section 41 of the Act- and to prepare accounts which agree with the accounting records and compty with the accountrn8 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. Signature............-.....................-.-.-............. p&8
GOMER FAITH MINisfRIES REPORTOFTHE TRU5fEES FOR THEYEAR ENDED 31 DECEMBER 2023 2023 Total 10 53.212 15.572 15.572 7,831 TOTAL 58,S71 10 58.581 61,043 fiffids Charit* Other 61.885 62.715 53.285 Totsl 61.885 113141 62,715 14.1941 53,285 7,758 19,778 19.778 12,020 16.464 15,584 19.778 The Statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities. p&9
GOMER FAITH MINisfRIES REPORTOFTHE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2023 GOMER FAITH MINISTRIES BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2023 413 CURRENT A55 Bark Cash 15.921 19.650 Creditu5 gjl IET CUIIRENT ASSErs 15.171 19,149 IET ASS 15.se4 19.778 FUI 15,584 19,m TOTAL FIX•JS t5.584 19,778 These accounts were approved by the trustees on Michael Lewis Ichairmanl pg- 10
GOMER FAITH MINISTRIES REPORTOFTHE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 l. Principal accountlni polkies The financial statements have been prepared under the historical cost convention las rnodified by the revaluation of freehold properties to market valuesl and in accofdance with the statement of Recommended Practice= Accounting and Reporting by Charities issued in March 2rx)5, applicable accounting stsndards and the Charities Act 1993. b) Fixed assets and depfeclailon Tangible fixed assets, except for land and buildin& are stated at tost le55 where applitable. amounts written off on a straight line basis. Rates of depreciation.. Computer equipment 20% straight line cl Income Income resources are recognised in the year for which thèy are rl¥able. dl Tamatlon The charity has received charitable exemption under Section $05 of the Income and Corporation Taxes Act 1988. èl Expendlture Expenditure is included in the financial sLitements on an a¢¢rual basis. 2. Grant, donatlon and othergllts Grant5, donations and other gifts re1vable for the general purposes of the Charity are Credited to unrestricted fund5. Donations for purposes restricted by the wishes of the donor are taken to restricted funds. 3. Resources expended Costs of 8eneratin8 funds comprise the wsts associated with attraain8 voluntary income. Charttable expenditure comprises those costs incurred by the charity in the delivÈr3nce of its activities and services for it5 beneficiaries. It include5 both costs that can be allocated directly to such activitie5 and those costs of an indirett nature necessary to support them. Governance c05t include those costs 355(Kiated with meeting the constitutional and statutory Requirements of the charity and indude the Independent Examiners fees and cost5 linked to the strategic management of the charity. All costs are allocated between the expenditure categories of the Statement of Financial Artivities on a basis des18ned to reflect the use of the resource. Costs relating to a particular activity are allocated directly.. oihers are apportioned on an appropriète basis. p&ll
GOMER FAITH MINisfRIES REPORTOFTHE TRuEE5 FOR THEYEAR ENDED 31 DECEMBER 2023 GOMER FAITH MINISTRIES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 2022 T1 Tr121 19.375 19.375 250 18,675 250 Pastor alOW¢t Sakry C051 Mission Cosi Cost 3,240 12.89J 12,89) 449 Ttwffjl e 1,271 116 Te12P Tuck5hop Inwrarrtt 170 2,284 2,264 1.175 1,175 Gfftand tknal Prirtiig, P05taJe & St•tr 1.482 216 1.210 175 216 1.210 175 1rxs 216 1,831 515 50 234 m,5 rriristy Wcn'S Mristy PA & Mecla Ehni Ubities 7587 7.587 2,574 858 Tot* 61.885 62.775 p&12
GOMER FAITH MINISTRIES REPORTOFTHE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 2. FIXED ASSETS Computer Equipment Total Cost al 1st January 2023 Additions 1,079 1.079 Cost at 31st December 2023 1,079 1.079 Depreciation at 1 st January 2023 Charge for the year Depreciation at 31st December 2023 450 216 450 216 666 Net Book Value at 31st December 2023 413 413 Nel Book Value al 31At December 2022 629 629 3. CURRENT LIABILITIES Accrual 750 501 750 501 pg. 13
GOMER FAITH MINisfRIES REPORTOF THETRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 4.ATrIALYSIS OF NET ASS$ BEfwEEN FUNDS lknrnstrktsd FundB Total 2023 Fwl Assets Cwrert Assets Cwrert LbIlit$ Lorg term lth1lrtS 413 15,921 750 413 15.921 750 15.584 15.584 5. RESTRICTED FUNDS CIF 3111212023 0110112023 Missvjns 1.318 1.316 10 10 636 636 6. TRUSTEES. Ehtt)LupNTs 2023 2022 M. LewK% IPa5tor} p&14