## _**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:
- To spread the gospel of Jesus Christ across the nations through effective face to face evangelism, use of the media including the internet, radio and television and publication of materials or other literatures for the promoting and spreading of the gospel
- To build a godly community through identifying people’s social and spiritual needs and facilitating ways to meet those needs
- To actively engage in a continuous collective global community based evangelical works to raise disciples in the different communities across the nations for the continuation of God’s work within the local communities
- To co-operate with other churches or similar bodies for the relief of poverty and for other charitable purposes that are for the benefit of mankind.
- To relief poverty
- To advance education for the benefit of disadvantaged children
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and activities**
Eagle Power Ministries Internationalis committed to enabling and empowering people in the community to serve their purpose through:
- Affording the knowledge of God to the community at large through evangelistic work and encouraging people to worship with us and seek eternal life salvation through the Lord Jesus Christ
- Working with other churches with similar objectives to achieve greater results in enabling and empowering people through the word of God and in offering practical help and assistance to the needy
- Congregational community and missionary work including offering practical help, advice and assistance to the homeless, unemployed and others that are less able in the society
Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021
2
- Enlightening congregation members and the community at large with the gospel of Jesus Christ through face to face evangelism, weekly Radio and TV broadcast, publication of teaching materials on the worldwide web, face to face bible studies and weekly prayer meetings
- Providing necessary support to new converts to grow and develop in their new found faith through effective pastoral care
- Community wide empowerment projects for the benefit of mankind in the wider community
- Impart life through support in training and development to empower people through the improvement of skills, knowledge and training.
- Supporting people in various communities in challenging times with food and services like care and counselling.
## **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;
- Weekly worship, prayer meetings and bible studies
- Community wide evangelistic outreach and missionary work
- Advancement of the Christian religion by promoting knowledge of salvation through
- Christ with face-to-face evangelism, publication of teaching materials on the World Wide Web and regular Internet TV and radio broadcast
- Provision of pastoral care for the congregation, local community and new converts to help them live a sustainable life in their new faith.
- Minister on duty call- Gives opportunity for anyone to call and speak to one of our leadership team on challenges and lead to face-to-face counselling sessions
- Social media prayer and counselling opportunities is free for all local and abroad.
- Career counselling surgeries are done which others help people about CV writing, improving grades in secondary school and building student confidence in BAME background.
- We provide Pre-marital and Marital counselling for ladies and men based on biblical belief and good experience from top advisors in the field marriage and its issues in current world and in the church.
- Christmas Hamper is annual activities done to support some individual families.
- We advocate continuing self -development and business enterprise through seminar sessions and practical advice
- We encourage home ownership, which reduce or takes reliance on social housing.
- Eagle Power Ministries International respond to local needs like food banks.
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
- improving girl education and health. - Improving personal Hygiene. 6.Supporting of Sanitation Project in the Third World. £20,000,00 - Helping local Communities to improve life. - supporting the poorest in the third world - Improving toilets and school facilities in third world. 7.Health and Environmental and sustainable Projects. £100,0000.00. - Making Communities adopt healthy lifestyle. -Reduction of Co2 - Sustainable Systems to bring environmental and remising pollutions.
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:
- Reaching out to the homeless most especially the single homeless and enabling them to have a new start through help with finding privately rented accommodation, training and life skills
- Empowering the unemployed through provision of advice and assistance, life skills and jobhunting advice, etc.
- Enabling the vulnerable in the society through face-to-face surgery in, advice, mentoring and necessary spiritual guidance
- Facilitating a multi-agency approach in addressing issues affecting the vulnerable in the society through developing a joint working approach with other existing bodies, charities and local support groups
## _**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:
- Select suitable accounting policies and then apply them consistently;
- Observe the methods and principle in the Charity SORP;
- Make judgments and estimates that are reasonable and prudent;
12 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
## **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:
- Adequate accounting records have not been kept;
- The financial statements are not in agreement with the accounting records
- We have not received all the information and explanations we require for our audit.
## **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**
**----- Start of picture text -----**
STAFF COSTS AND EMOLUMENTS 2021
Total Staff costs were as follows: £
Wages and salaries & 6000
**----- End of picture text -----**
## **Particular of employees:**
The average number of employees during the year is one
## **9. Depreciation**
No depreciation is charge for the current period
**----- Start of picture text -----**
10. Total debtor
2020
£
0
**----- End of picture text -----**
**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**
**----- Start of picture text -----**
12 General Funds
2021
£
At
44,820
Retained incoming/outgoing) resources 14,947
Transfer -
59,767
**----- End of picture text -----**
## **13. Restricted Funds**
**----- Start of picture text -----**
2021
£
At
Retained incoming/outgoing) resources -
Transfer -
**----- End of picture text -----**
22 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2021