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2021-12-31-accounts

EAGLE POWER MINISTRIES INTERNATIONAL.

TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

Charity number: 1137308

Eagle Power Ministries International : Trustees’ Report and Financial Statements 2021

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31ST DECEMBER 2021

Eagle Power Ministries International is governed and administered by an executive board comprising of the Board of Trustee and the Church Management Council. The Board of trustee provides strategic leadership and directions for Eagle Power ministries International and the Church Management Council is largely responsible for the day-to-day administration and running of the church. There are currently three serving members in the board of Trustees and five serving members in the church council and they are:

Board of Trustees

Chairman Revd.Dr. Henry Biney Minister Stanley Antwi. Treasurer. Ms. Janet Akua Agyeiwaa.

Church Management Council.

Rev. Portia Appiah Agyemang Biney Minister Andree Barrows. MIT Palicious Kwame Nkromah Lucy Agyemang Rebeeca Redan. Phyllis Odoom Vida Manu Mabel Abena Pecku Peter Kwarteng. Catherine Mensah. Francis Appiah Kofi Coffie Eduosei Kofi Ohenba. Peter Alempan.

Charity registered number

1137308

Registered Office

14 Chandler Court, 340 Bensham lane Thornton Heath London CR7 7EQ

Website: www.newwaveschapel.org

Email: eaglepowernb@yahoo.co.uk

Independent examiner

Rich Brother Accountants Ltd, 28 Camberwell Road, London SE5 0EN

Bankers

1 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021

Natwest 209 Lower Addiscombe Road, Croydon. CR0 6RB.

Solicitors

ChipatisoAssociates, Suite 1, Office 1-2 Chapel Road Ilford Essex IG1 2AG

TRUSTEES’ REPORT FOR THE YEAR ENDED 31ST DECEMBER 2021

The aims and purpose of Eagle Power Ministries International is to promote the Christian religion through activities and events recommended and approved by the leadership of the charity has identified and approved the following as our main aims and purpose:

OBJECTIVES AND ACTIVITIES

Objectives and activities

Eagle Power Ministries Internationalis committed to enabling and empowering people in the community to serve their purpose through:

Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021

2

THE TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 31ST DECEMBER 2021

In planning our activities for the year, Eagle Power Ministries International has considered the Commissioner guidance on public benefit and in particular the specific guidance on charities for the advancement of religion. For wider public benefit purposes, the Charity in the course of the year has actively engaged in both congregational and community wide activities that are geared towards promoting social inclusion and empowering people to live a sustainable Christian life. Amongst them are;

Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021

3

THE TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 31ST DECEMBER 2021

In carrying out our activities both within and outside our worship centre, we always ensure that we do not compromise the core principles of our statement of faith as set out in our governing constitution.

REVIEW OF ACTIVITIES AND PERFORMANCES 2021.

Department Activities Impact
Community
Outreach &
Missions
(Evangelism
and
Counselling
Services.		 In 2021 We did some very useful Charity
activities in the community with the aim of
supporting people with food items and
other educational support to meet the
need to people in the community.
There is going free services by the charity
to our communities and London as a
whole. we have been able to reach out
extensively to our community through our
free counselling services on marriage, drug
addiction and other common struggles in
our communities as we started this
programme some years back and still on
going. We have imparted lives and many
families are transformed.
We continued with advancing the Christian
Faith through sharing the love of God in
our communities by kingdom materials and
books written by members of our charity.
The members of our community prayed for
issues in London and UK as a whole with
individuals and families throughout the
pandemic. Our free church communityis		 1. Donation of items to families in
the community, support to feed
the hungry, vulnerable and
homeless in the community with
support.
2. Increased number of people
reaching out to our free
counselling services and support
services through prayers and
visitation (Zoom, social media
and face to face).
3. Increased number of people
connecting and participating in
our collective worship services
from the comfort of their home
as a result of our live streaming
on Facebook and other social
media outlets.

4 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021

growing and many people receive words of
wisdom and encouragement by the
leadership who are trained to support in
challenging times. This makes them to have
ownership of issues of their life.
Change
Generation
(Youth
Department)		 The Youth and Young Adult ministry is
growing and many are getting solution to
the growing challenges that they face by
the constant and teaching from top
consultants and specialists from different
field of services and professions. Our
weekly and monthly youth programme is
focus on the total development of the
youth in the church; helping, mentoring
and supporting young people and their
families/parents are now done online.
Our annual year’s youth Day- Bringing all
our Youth and Young adults together to
socialise and fellowship enhancing their
skills and talents; giving our society hope
and peace for the future. The skills learnt in
these services are making them more
confidence and ready to serve the church
and the community.
Free home support -Other activities include
free Tuition organised by the qualified
teachers in the church for our secondary
and A levels students.		 1. Excellent GCSE and A Level result
are improving yearly. Most of our
youth aspiring to pursue
university routes/courses. Many
of our youth members got
admission into top universities in
the UK.
2. More confident youth and young
adults. Eg Sharing their skills and
abilities with their friends outside
the church. Most of them
become very productive in
supporting the good reports from
Teachers and Parents.
3. Our youth discovering their
potentials thereby fulfilling their
destinies and dreams
4. Developing Cooking skills,
relationship and friendship
improved. Many have built up
the potentials for excellent job
interviews skills and workplace
approach.
Young Adults
Department.		 This is a department that is add more value in
terms support and day to day in our community.
The vision is to empower our young adults in
finding their identity, talents and getting them
prepared and ready for the real world of work,
marriage, business, finance among others.		 This is a new department created but the
impact is already attainable:
1. Quarterly programme and targets
setting workshop set up for the young
adults in the church and reached
out/extended to our community.
2. Imparting their peers in positive
attitude in their social and spiritual
growth.
3. Contributing and Participation in
community life.
4. Supporting and serving the elderly in
the church.
Transportation
Development.		 People are enjoying our church van continues
picking up and dropping members to and from
church,and other activities involvingtravelling.		 1. Increased attendance to meetings due
to free transportation to and from
church.

5 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021

We are working to get a new van as it is very old
and diesel and cost a lot to handle.		 2. Support for the Elderly in our
community. Eg sending them to their
doors or car park.
Spiritual Growth
& Development		 The community of New Waves Chapel meet on
Wednesday, Friday and Sunday of every week with
the
purpose
of
community
prayers,
interdenominational
and
collective
worship
services. One to one counselling is day to day,
prayer for the needy and the people challenging
situation are always given the right direction with
our top developed leadership by the guidance of
the Holy spirit and the senior leadership. Many of
the Women and the Men’s Ministries are growing
in the walk with God and their life as a whole. We
can say the ministry in moving forward in its vision
and Mission as a community.
Eagle Power Ministries International (New Waves
chapel) Music department is growing as they
minister with anointing and joy to our services.		 1
Members mature in the knowledge
of God
2
Developed their prayer life
3
Enhanced how members live as
responsible citizens of the country
and their communities.
4
Members are happy with the
opportunities the church is giving to
them as a community.
5
Various departments are led by
experienced professional with years
of experience and ministry training.
6
Day to day support for all
membership.
7
New Membership training equip
them face reality.
8
Children Ministry is growing and
parents have time to focus to
worship. They are receiving more
series of teachings on bible
standards.
9
Testimonies are shared in our
services to encourage and challenge
others to make decisions to the
next level.
10 Membership is becoming more
stronger and intercommunication
skill is becoming lovely and
enjoying.
11 Marriages and parenting in the
community is becoming more
coordinated and moving in a
peaceful pace.
12 People can free share their
resources to support the growth
and the development of the
community.
Ministry of
Ministers(
Leadership
Team).		 Someof our ministers ordained into officehave
now successfully completed theirthird year.The
selection
process
attracted
very
qualified
members and we are pleased to have been able to
ordain not only ministers for the Gospel but also
those equipped to meet the needs of the
community and society. They are the head of
various departments of the church. They serve
totally weekly with love and respect to the church
and also serve various sectors of our local		 1. More trained leaders for counselling
and community support
2. More leaders officiating and leading
collective worship activities, therefore
offering capacity to reach out to more
people within the time allocated for
our services
3. Giving their experienced services to
the church and the large community.

6 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021

community. Some of the team are trained to look
for the needs in our local community and how to
solve it. E.g. food banks, homelessness, Migration
issues, Drug Abuse etc		 4. Qualified to lead Christian programme
and other community service like
praying for the sick and support to
challenging issues like Abuse and
street marriage issues in the
community.
Men of Faith
(Men’s
Fellowship.)		 Men’s Fellowship continues to grow from strength
to strength. The annual Conference brought
together men from all walks of life; regardless of
religious affiliation and its impact is outstanding
results in life. This year conference was cancelled.
We continue to offer free counselling for men
struggling with drug addictions, financial
management, marital challenge, Mental Health,
unemployment, low self-esteem among others.
There now church App that the men can share
their views and challenges. We use this also to
celebrate birthday and marriage ceremonies.
They are serving in various departments and
supporting the vision of the ministry.		 1. Equipping and Empowering men on
how to live spirit filled and fulfilled
lives,
2. Being family minded and
3. Serving God and their communities
with their life styles.
4. Increased confidence levels in men and
getting involved in more activities in
the church and their communities than
they used to do before.
5. Develop business skills and encourage
to set up personal business.
6. Men are sharing their strength and
opportunities to build each other.
7. Organise and encourage one another
in the community.
8. Strong leadership abilities developing
yearly.
Daughters of Zion
(Women’s
Ministry).		 Our annual life transforming conference was one
of the best in recent years. This conference
attracted women from all walks of life, and was
specifically designed to get women interacting,
networking and discussed issues facing women in
our world today. The Women is imparting and
affecting life locally, nationally and globally. The
plans and their systematic programme are setting
most women free and transforming them to
become better person. These have resulted in
various of healings, marriage improvement and
restoration, confidence is restored to try new
things in their lives. Women are making and
taking news level which adding value to their life
and family. The annual conference was cancelled
due to Covid 19.
There are areas of growth in the women’s
ministry that have contributed greatly to the
church and the ministry as whole. Time will not
allow the leadership to show the positive
contribution they have made this year.
We also continue to offer free counselling for
women struggling with everyday stress of life and
how to find their identity and place in life amidst
all the challenges that life throws at us		 1. Our women have also grown in
confidence and marriages are being
restored
2. Decrease in stress levels
3. Networking links formed with other
women and organisations
4. Positive contributions towards family
life and life in general
5. Supporting each other and
participation of programme is
excellent.
6. Training and development is ongoing.
7. Effective and enhance weekly
activities.
8. Prayer and healings programme.
9. Women Empowered to make
decisions and take control of their
own destiny through systematic
teaching of the Christian Faith.
10. People freely show their ability to
help the helpless in our community
which is good sign Economic freedom.

7 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021

Rising Stars
(Children
Department)		 This department is fully functional and well-
resourced children’s department with several
qualified teachers who are CRB checked.
Free Tuition organised by the qualified teachers
in the church for our primary school pupils
Annual Children’s Day programme in church
Summer play scheme. Most service for this
ministry was cancelled due covid19 government
Our Sunday school teachers had the opportunity
to attend trainings programmes as part of their
continued professional development on how to
build a dynamic teaching ministry for maximum
impact.		 1. Training our children in the way of the
Lord
2. Developing confident and responsible
children
3. Support with homework
4. Summer time used productively
5. Enhanced training for Sunday school
teachers as a result of attending the
conferences
6. Feedback from Parents are always
very positive.
7. Children are growing weekly in the
doctrines of the Bible.
8. Looking into developing our
resources.
Financial Services
(Finance
Department)
Future Projects
for Funding.		 This department creates a very positive effect on
the finances of the church and the offerings
raised. The strong team are working daily for
effective running of the department. We need
these resources to enable and enhance our
counselling programmes for members needing
them. We are looking and working from all areas
to such funds to bring the vision into reality. It is
ongoing vision.
1.Looking for funding for Education for Primary
and secondary school Poor children support.
£250,000. 00
-For paying teachers and facilities for improving
their abilities.
2.Feeding Programme for the Poorest in our
communities. £350,000. 00
- Helping food banks in various communities in
the UK.
3. Women Empowerment and children support.
£500,000.00
- Making Women receive training and skills to
develop their abilities. Children with challenging
needs.
4. Big Building for community Development for
Training & Development. £5,000.000.00
- Centre for Training to boast abilities and skills in
all sphere of careers training and development.
etc.
Building strong empowerment to build future
leaders.
5.Developing Skills and Support Young Adults and
Youth. £ 3,000.000.00
- Creating and empowering and developing skills,
resources, systems to make impart and self-
reliance etc.
5. International support for Girl Child Education.
£10,000.000		 1. Free counselling programmes
2. Financial management/freedom form
debt training for all members
3. Top Finance consultant and senior
accountant works with for quarterly
and annual report to the Trustee and
the charity commission.
4. Planned Programmed for support for
the needy in the church.
5. Building a strong financial support for
future of the ministry.

8 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021

Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021

9

THE TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 31ST DECEMBER 2021

We have continually struggled with face-to-face membership growth over the years. However, the lack of membership growth has not hampered our continuous dedication to impact the community we serve. Despite the lack of increase to our face-to-face regular members, we have continued as before to provide people in the community at large the opportunity to become members of our church to serve in a ministry dedicated to life changing teachings and support, worship, prayers and global evangelism and community missionary work. The achievements and performances are further elaborated below:

Worship and Prayer

We hold regular prayer and Bible studies respectively on Wednesdays and Fridays. The combinations of these meetings have helped members to grow tremendously in their faith and in turn has helped improved their commitment to provide a godly service to the wider community at large.

Community wide evangelistic and missionary work

We have continued with advancing the Christian religion through radio and TV broadcast and also through distribution of our church flyers to the local community to encourage people attends our service and become members of our church.

We are currently in the process of rolling out a community wide new start project aimed at:

Advancement of the Christian religion

Eagle Power Ministries International in the course of the year dedicated itself to the advancement of the Christian religion through face-to-face congregational teachings, community evangelistic and missionary work, publication of teaching materials for public use and in particular by spreading the

10 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021

gospel through media and multimedia channels such as TV, radio and the world wide web. The overall objective of charity is to take the church beyond the four corner walls and actively spread the gospel of Jesus Christ across the globe through face-to-face practical teachings, effective media ministry and also by engaging in various charitable objects that are beneficial to mankind.

THE TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 31ST DECEMBER 2021

Provision of pastoral care

The Charity puts the welfare of its congregation and the community it serves at the heart of its yearly objectives. During the course of the year, the Eagle Power Ministries International collaboration with the founder and resident pastor organised visits to members houses who were unable to attend service due to one reason or the other, organised group intercessory prayers for the community and nations and through the Communitywide project provided advice, assistance and wider support to the public at large on matters relating to homelessness, unemployment and other societal maladies.

Empowering people through join working relationship with other churches

Through active evangelism and effective networking approach, Eagle Power Ministries International has over the years managed to form and maintained a meaningful joint working relationship with other ministries that has similar objectives for the purpose of empowering people in the community at large.

In collaboration with New Waves Chapel as a Body of Christ organisation facilitated by Eagle Power Ministries International. The Charity as a ministry continues to impact and change life through various the primary objective of is for the Body of Christ to work in unity to transform lives globally through practical expressions of God’s love by works of charity that are beneficial to mankind.

11 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021

THE TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 31ST DECEMBER 2021

The trustees present their annual report together with the unaudited financial statements of the charity for the year ended 31[st] December 2021. The Trustees confirm that the Annual Report and financial statements of the charity comply with the current statutory requirements, the requirements of the Charity’s governing document and the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” issued in March 2005.

REVIEW OF FINANCIAL POSITION

The financial statements covered the operation of Eagle Power Ministries International and they have been prepared in accordance with the requirements of the 2005 Statement of Recommended Practice (SORP)

For the year ended 31[st] December 2021, the aftermath of corona virus which seriously affect the church’s activities and earnings has now subside, the financial activities show total incoming resources of £151,090 (2020- £79,530), which is the total tithes and offering donations, gift aid and funding. This was expended main on charitable activities and total expenditure amounted to 136,143 (2020 - £123,301). We closed the year with a net operating profit of £14,947.

STATEMENT OF TRUSTEE’S RESPONSIBILITIES

The trustees are responsible for preparing the Trustee’s report and the financial statement s in accordance with applicable law.

Charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing these financial statements, the Trustees are required to:

12 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021

THE TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 31ST DECEMBER 2021

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity, hence taking reasonable steps for the prevention and detection of fraud and other irregularities

This report was approved by the Trustees on 20[th] October 2022 and signed on their behalf, by:

…………………………………….. ….……………………………. Rev.Dr. Henry Neil Biney Ms. Janet Akua Agyeiwaa Chairman Treasurer

13 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021

INDEPENDENT EXAMINER’S REPORT OF THE MEMBERS OF EAGLE POWER MINISTRIES INTERNATIONAL

We report on the financial statements for the year ended 31[st] . December 2021 which are set out in pages 8 to 10. This report is made solely to the Charity’s Trustees, as a body.

Respective responsibilities of trustees and examiner

As explained more fully in the Trustees’ responsibilities statement, the Trustees are responsible for the preparation of the financial statements.

The charity’s trustee consider that an audit is not required for the financial statements (under section43 (2) of the Charity Commission (under section 43(7) (b) of the Act), and to state whether particular matters have come to our attention.

Basis of Independent examiner’s report

Our examination was carried out in accordance with Charity SORP. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken 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 fair” view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In the course of our examination, no matter has come to our attention: which indicates that:

Julius Olaogun

For and on behalf of

RICHBROTHER ACCOUNTANTS LTD

14 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021

CHARTERED ACCOUNTANTS AND TAX CONSULTANTS 28 Camberwell Road LONDON, SE5 0EN

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31[st] DECEMBER 2021

Note
INCOMING RESOURCES
Incoming resources
Voluntary income
2
Gift aids
3
Covid-19 grant
Post Code Society
Furlough salary grant
4
TOTAL INCOMING RESOURCES
OUTGOING RESOURCES
Cost of generating funds
5
Charitable activities
6
Government costs
7
TOTAL RESOURCES EXPENDED
NET INCOMING/OUTGOING
RESOURCES B/F TRANSFER
Net Capital movement
Net incoming/(outgoing) resources
for the year
Net movement in Funds
Balances brought forward at 1 Jan		 General
Restricted
Total Fund
Funds
Funds
2021
£
£
£
122,849
0
122,849
15,107
0
15,107
-
-
-
9,784
9,784
3,350
0
3,350		 Total
funds
2020
£
47,678
14,136
17,316
0
400
141,306
9,784
151,090		 79,530
59,518
0
59,518
57,952
9784
67,736
8,889
0
8,889
126,359
9784
136,143
14,947
0
14,947
-
-
-		 22,919
94,341
6,041
123,301
-43,771
-
14947
14947		 -43771
14,947
0
-43,771
44,820
0
88,591		 -43,771
88,591

15 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021

Funds carried forward at 31 Dec

59,767 0 44,820 44,820

BALANCE SHEET AS
AT 31st DECEMBER 2021
2021
2020
Note
£
£
FIXED ASSETS
Tangible assets:
9
72,225
60,203
Total fixed assets:
72,225
60,203
CURRENT ASSETS
10
-
Debtor
Cash at bank and in hand:
11
7,825
13,884
13,884
CREDITORS
Amounts falling due within one year:
268
4,267
Net current assets (liabilities):
Total assets less current liabilities
79,782
69,820
CREDITORS
Amounts falling more than one year:
20,015
25,000
Total net Assets (liabilities)
59,767
44,820
FUNDS
UNRETRICTED FUNDS:
59,767
44,820
General funds		 BALANCE SHEET AS
AT 31st DECEMBER 2021
2021
2020
Note
£
£
FIXED ASSETS
Tangible assets:
9
72,225
60,203
Total fixed assets:
72,225
60,203
CURRENT ASSETS
10
-
Debtor
Cash at bank and in hand:
11
7,825
13,884
13,884
CREDITORS
Amounts falling due within one year:
268
4,267
Net current assets (liabilities):
Total assets less current liabilities
79,782
69,820
CREDITORS
Amounts falling more than one year:
20,015
25,000
Total net Assets (liabilities)
59,767
44,820
FUNDS
UNRETRICTED FUNDS:
59,767
44,820
General funds
Note
FIXED ASSETS
Tangible assets:
9
Total fixed assets:
CURRENT ASSETS
10
Debtor
Cash at bank and in hand:
11
CREDITORS
Amounts falling due within one year:
Net current assets (liabilities):
Total assets less current liabilities
CREDITORS
Amounts falling more than one year:
Total net Assets (liabilities)
FUNDS
UNRETRICTED FUNDS:
General funds
13,884
268
4,267
79,782
69,820
20,015
25,000
59,767
44,820
59,767
44,820

16 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021

RESTRICTED FUNDS:

- -
59,767 44,820

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED

31[ST] DECEMBER 2021

Basis of preparation of account

The financial statements have been prepared under the historical cost convention and in accordance with applicable United Kingdom Accounting Standard, the Statement of Recommended Practice " Accounting and Reporting by charities" issued in March 2005 (SORP 2005) and the Company Act 2006

Cash flow statement

The trustees have taken advantage of the exemption in Financial Reporting Standard No 1 (revised) from including a cash flow statement in the financial statements on the ground that the charity is small.

Fixed assets

All fixed assets are recorded at cost

Depreciation

Depreciation is calculated as a write off of the cost of an asset, less its estimated

residual value over the useful economic life of that asset as follows: for the current period no depreciation is charge.

Taxation

The charity is exempt from Income on its charitable activities but is not exempt from Value Added Tax. Irrecoverable VAT is included in the cost of those items to which it relates.

Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021

17

2.VOLUNTARY INCOME
Tithes and offering
Gift aid
Furlough payment
Total
Restricted Income
Post code Society		 £
9,784		 2021
£
122,849
15,107
3350
141,306

3 Gift aid

Total funds 2021 £ 15,107

4. Furlough
grant
5. Covid 19 grant
 2021
£
3,350
Total
£
-

Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021

18

31[ST] DECEMBER 2021

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED

5.COSTS OF GENERATING VOLUNTARY INCOME

Media, Advertising & related
activities to generate funds
Telephone
Council tax
Insurance
Vehicle &Travelling expenses
Printing and stationery
Power
Cleaning and maintenance
Programmes and conferences
Refreshment
Training
Repair
Donation
Cost of generating funding
Maintenance
Web design
Bank charge
Water Charge		 General
Restricted
Total
Funds
Funds
2021
£
£
£
12,956
-
12,956
781
-
781
2580
-
2580
4,776
-
4,776
630
-
630
854
-
854
395
395
5,527
5,527
5,672
5,672
4,906
4,906
2,000
2,000
3,530
3,530
2,567
2,567
4,500
4,500
1,950
1,950
344
-
344
2565
-
2565
2,985
-
2,985
59,518
59,518

19 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] DECEMBER 2021

6. COSTS OF CHARITABLE ACTIVITIES BY FUNDS TYPE

Salaries
New waves radio services
Rent, Hall hire and council exp
Pastoral Supports
Honorariums
Community involvement feeding project
2 project manager fees
Welfare and hospitality to members
Volunteers’ fees
Direct Community involvement		 General
Restricted
Total
Fund
Funds
2021
£
£
£
6,000
-
6,000
9,800
9,800
12,000
-
12,000
4,430
4,430
2800
-
2,800
9,784
9,784
7,000
7,000
6,922
6,922
3,500
3,500
5,500
5,500
57,952
9784
67,736
7.GOVERNANCE
COST
Administrative
Accountancy fees
Legal and professional cost		 General
Restricted Total
Cost
Cost
2021
£
£
£
4,141
-
4,141
1900
-
1900
-
-
6,041
6,041

Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021

20

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] DECEMBER 2021

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STAFF COSTS AND EMOLUMENTS 2021
Total Staff costs were as follows: £
Wages and salaries & 6000
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Particular of employees:

The average number of employees during the year is one

9. Depreciation

No depreciation is charge for the current period

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10. Total debtor
2020
£
0
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11 CASH AT BANK AND IN HAND 2021 £ Main Account 7,825 Saving 0

21

Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021

Total 7,825

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] DECEMBER 2021

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12 General Funds
2021
£
At
44,820
Retained incoming/outgoing) resources 14,947
Transfer -
59,767
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13. Restricted Funds

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2021
£
At
Retained incoming/outgoing) resources -
Transfer -
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22 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021