Registered Charity No. 1138786
**DESTINY HOUSE INTERNATIONAL**
**REPORT OF THE TRUSTEES AND**
**FINANCIAL STATEMENTS**
**For the year ended 31 March 2021**
## **DESTINY HOUSE INTERNATIONAL**
|**Contents**|**Page**|
|---|---|
|Charity Information|3|
|Report of the Trustees|4 - 9|
|Report of the Accountants|10|
|Statement of Financial Activities|11|
|Balance Sheet|12|
|Notes to the Financial Statements|13 - 15|
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21 Page
|**Charity number**|1138786|
|---|---|
|**Registered office**|Tokyngton Community Centre|
||St Michael's Avenue|
||Wembley|
||Middlesex|
||HA9 6SA|
|**Trustees**|Simon Jean-Marie|
||Cion Morris|
||Rochelle Batende|
||Jennifer Boateng|
|**Accountants**|Asaph Solutions Limited|
||18 Belmont Road|
||Chesham|
||Bucks, HP5 2EL|
||England|
|**Bank**|Natwest Bank|
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## **DESTINY HOUSE INTERNATIONAL**
## **Report of the Trustees**
**For the year ended 31 March 2021**
The Trustees hereby submit their annual report for the year ended 31 March 2021. In preparing the annual report and financial statements of the charity, the trustees have adopted the provision of the Charities Act 2011 and the Statement of Recommended Practice, ‘FRS 102’ issued in July 2014.
## **1.0 Objects of the Charity**
The objects of the charity are as follows:
1. The advancement of The Christian faith in the United Kingdom and abroad by the proclamation of the Gospel of Jesus Christ and the preaching of the Word of God in accordance with the Statement of Fundamental Truths of Assemblies Of God in Great Britain and Northern Ireland, as approved by the General Council from time to time.
2. To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counseling and support in such parts of the United Kingdom or the world as the Trustees from time to time may think fit;
3. To advance education in such ways and in such parts of the United Kingdom or the world as the Trustees from time to time may think fit.
4. Such other charitable purposes as shall further the attainment of the above objects of the Church.
## **2.0 Board of Trustees**
The trustees for the period were as follows: Simon Jean-Marie, Cion Morris, Edward Drummond (appointed 11/2/2021), Rochelle Batende and Jennifer Boateng (appointed 19/4/2021) and Carmelita Smith (deceased 14/4/20).
## **3.0 Trustee selection method**
Trustees are selected based on their relevant skill and experience and the extent of service that they can contribute towards the charity.
## **4.0 Activities and achievements**
The Statement of financial activities is set out on page 11 of the financial statements. A summary of other activities is set out below.
Most of the activities of Destiny House International (DHI) have been executed in the interest of both members and to the wider community giving due regard to the public benefit guidance published by the Charity Commission.
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## **DESTINY HOUSE INTERNATIONAL**
**Trustees’ Report (continued) For the year ended 31 March 2021**
Achievements and performance
- ➢ The Hub has completed its third year under the management of the DHI Charity.
- ➢ The Charity continues to contribute finances to both our missions centre home and abroad and to other churches and other ministries.
- ➢ DHI has as with many churches, been hampered in conducting its general church life, due to Coronavirus and the present sustained pandemic conditions.
- ➢ Plans are continuing to rebuild the building at Tokyngton Community Centre but progress has been very slow because of planning permissions that are required by the local council, we are still looking for grants to build and at the writing of this report Coronavirus has put everything in this country on hold.
- ➢ The charity has intensified efforts in feeding the homeless.
- ➢ We employed a community pastor to help deal with fresh community demands brough on by the pandemic. We now have Destiny Outreach led by Pastor Kate providing Advocacy and various food services to our local community. We also received a grant of £50,000 for the programme.
- ➢ The Homework Club stopped operations during the pandemic but as of April 2021 we reopened the Homework club having received a sizeable grant. We shall report on this in next year’s annual report)
## **Missions**
Destiny House Stonebridge and Acton continues though hampered by the Covid 19 pandemic. Pastored by Josephine McKay and Cion Morris respectively. We also have Pastor Julian Catanatch in charge of planting two congregations simultaneously in Taunton and Wales.
All our congregations both locally nationally have had to move services to zoom platforms where some are reporting improved attendance if only because individuals need no longer venture outside their front door. Also, because services are conduction on various social media platforms people seem to join these services becoming regular global attenders. In truth its still to early to know the real long-term impact of the pandemic on The Church and Church attendance but time will tell.
## **Conclusion**
Another financial year has been completed and DHI remains in a good, stable and positive position , with a continued and secure sense of expectation for the year ahead. For ministry, the aim is to persist in persuing the manifestation of the power of the Holy Spirit , culminating in the increased operation of spiritual gifts and power.
As always, we are very appreciative of the work of the trustees, committee members and members of this church fellowship who continue to work tirelessly throughout the year to bring this vision to fruition. DHI is grateful for the dedication and commitment of volunteers who
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## **DESTINY HOUSE INTERNATIONAL**
## **Trustees’ Report (continued) For the year ended 31 March 2021**
under the direction of the senior leader of the church perform several tasks in order to assist in fulfilling its objectives. Destiny House International’s mission to help individuals discover and walk in their destiny continues. There are plans this year to start work on community gardens.
## **7.0 Governance and internal control**
Section 130 of the Charities Act 2011 requires that the charity keep proper accounting records and to prepare accounts that accord with the accounting records and that comply with the accounting requirements of the Act.
In doing so, the charity has implemented systems of internal controls to provide reasonable, but not absolute, assurance against material misstatement or loss. These include:
1. correct handling of funds and operation of bank accounts held in its name
2. proper records being maintained, and financial information used within the charity or for publication is reliable
3. delegating responsibility thus ensuring that there is adequate segregation of duties and division of labour
4. consideration by the Trustees of the financial results and non-financial indicators
5. identification and management of risks
## .
## **7.1 Risk Management**
The trustees will re-examine the operational and business risks the charity faces to ensure that the systems which are currently in place to mitigate the significant risks continues to be effective and appropriate
## **7.2 Reserves policy**
The charity is looking to implement a policy to maintain unrestricted funds at a level which equates to approximately three months of unrestricted expenditure. This will provide enough funds to cover management, administration and support costs.
## **7.3 Related Party Transactions**
There were no related party transactions.
## **7.4 Public benefit**
The Board’s strategy for achieving the objects, listed on page 4, for the public benefit is to advance The Christian faith in the United Kingdom and abroad by the proclamation of the gospel of Jesus Christ. In administering the charity, the Board complied with the duty, in Section 17 Charities Act 2011, to have regard to the Public Benefit guidance published by the Charity Commission. Our achievements as to how we fulfilled these objectives are detailed throughout this report and accounts.
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Signed on behalf of the Board of Trustees by:
**Chairman – S Jean-Marie**
**Treasurer – C. Morris**
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## **DESTINY HOUSE INTERNATIONAL Report of the Independent Examiner to the trustees**
We report on the accounts of the Charity for the year to 31 March 2021, which are set out on pages 11 to 15.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 145 of the Charities Act 2011 (the Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Act.
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Act; and
- to state whether matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. 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 you as 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**
The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Chartered Certified Association of Accountants (ACCA). In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the 2011 Act: and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met: or
- (2) to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.
**Denise Isaacs FCCA Asaph Solutions Limited 18 Belmont Road Chesham Buckinghamshire, HP5 2EL**
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## **DESTINY HOUSE INTERNATIONAL**
**Statement of Financial Activities For the year ended 31 March 2021**
|**Note**
**Incoming resources:**
Incoming resources from generated activities:
Voluntary Income
**2**
Other income
**TOTAL INCOMING RESOURCES**
**Resources expended:**
**3**
Charitable activities
Governance costs
**TOTAL RESOURCES EXPENDED**
Net incoming/(outgoing) resources for the year
Gross transfers between funds
Net movement in funds
Funds brought forward
**Funds carried forward**|**Unrestricted**
**funds**
**£**
144,856
2,926
147,782
223,921
1,200
225,121
(77,339)
-
(77,339)
21,426
(55,913)|**Restricted**
**funds**
**£**
140,756
-
140,756
46,481
-
46,481
94,275
-
94,275
4,571
98,846|**2021**
**2020**
**Total Funds**
**Total Funds**
**£**
**£**
285,612
267,151
2,926
24,285
288,538
291,436
270,402
255,500
1,200
2,096
271,602
257,596
16,936
33,840
-
-|
|---|---|---|---|
||||16,936
33,840
25,997
(7,843)
42,933
25,997|
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## **DESTINY HOUSE INTERNATIONAL**
## **Balance Sheet As at 31 March 2021**
|**Note**
**Fixed assets**
Tangible assets
**5**
**Current assets**
Debtors
**6**
Cash at bank and in hand
**Creditors: Amounts falling due within one year**
Accruals
**7**
Other creditors
**Creditors: Amounts falling due after one year**
**Reserves:**
Profit and loss reserves|-
50,579|**2021**
**2020**
**£**
**£**
4,057
2,322
-
21,150
21,150
11,522
-
48,779
11,522
9,628
-
-
52,836
11,950
52,836
11,950
52,836
11,950|
|---|---|---|
||50,579
1,800
-||
||1,800||
Approved by the Board of Trustees on date ………………and signed on its behalf by:
**S Jean-Marie - Chairman**
**C Morris - Treasurer**
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## **DESTINY HOUSE INTERNATIONAL**
## **Notes to the Accounts**
## **For the year ended 31 March 2021**
## **1. ACCOUNTING POLICIES**
## **Basis of preparation**
The financial statements have been prepared under the historical cost convention, the Charities Act 2011, the Statement of Recommended Practice (SORP) Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014.
## **Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
## **Incoming Resources**
Tithes and offerings are included in the Statement of Financial Activities (SOFA) when received. Other donations receivable is included when the charity becomes entitled to the funds, when the Trustees are reasonably certain that they will receive it and the value can be measured reliably. Voluntary income received by way of donations and gifts (non-exchange transactions) is included in full in the Statement of Financial Activities (SOFA) when receivable and the SORP criteria has been met i.e. there is entitlement; its monetary value can be measured reliably and there is sufficient certainly of receipt. The value of services provided by volunteers, in the absence of a reliable measurement basis, has not been included.
Fee income relating to a contract for goods and services is recognised in full in the Statement of Financial Activities in the year in which there is entitlement and it is receivable. Incoming resources from the sale of books, tapes and videos is included when receivable.
Gifts in kind are recognised as income on receipt of the goods or services and are valued at their fair value unless it is impractical to measure this reliably. If it is impractical to measure the value of goods donated for resale they will be recognized as income when they are sold.
Legacy income is regarded as receivable when the Charity is legally entitled to it, it's receipt is probable, and the amount can be measured with sufficient reliability.
## **Expenditure**
Charitable activities include expenditure associated with the charitable activities of the charity and include both the direct costs and support costs, including governance costs, relating to these activities.
Governance costs are included in support costs, and are those costs incurred in the governance of the charity and its assets and are primarily associated with constitutional and statutory requirements.
All expenditure is accounted for on an accrual basis.
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## **DESTINY HOUSE INTERNATIONAL**
## **Notes to the Accounts**
## **For the year ended 31 March 2021**
## **Incoming Resources**
|**2**|**£**
**£**
**£**
**£**
**UNRESTRICTED FUNDS**
GIFT FROM DESTINY HOUSE
14,000
15,150
SERVICES
2,738
TITHES AND OFFERINGS
40,087
35,460
HALL LETS - HUB
82,529
204,330
ACTON DONATION
3,217
EVENTS
165
1,761
FIRST FRUIT
4,235
280
LITTLE HANDS BRIGHT FUTU
1,990
2,730
MONEY TIN COLLECTION
57
PLEDGE
100
SPEAK UP
1,300
OTHER INCOME
1,850
28
GIFT AID
2,926
147,782
7,195
274,346
**RESTRICTED FUNDS**
FURLOUGH WAGES
35,245
-
GRANT - LOVE CHRISTMAS
800
-
GRANT - COVID-19
95,286
-
GRANT - A HEALTHY YOU
-
4,750
GRANT - HOLIDAY CLUB
-
4,000
GRANT - LOVE WHERE YOU L
-
500
GRANT - WINDRUSH
9,425
140,756
7,840
17,090
288,538
291,436
**2021**
**2020**|
|---|---|
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## **DESTINY HOUSE INTERNATIONAL Notes to the Accounts (Continued) For the year ended 31 March 2021**
|**3 **|**RESOURCES USED**
**Unrestricted Funds**
Missionary
Wages and salaries
Employers NIC
Pensions
Teaching ministry
Administrative expenses
Pastoral expenses
Sundries
Depreciation
Advertising
Gifts and donations
Telephone
Events expenses
Motor expenses
Cleaning
Repairs and maintenance
Insurance
Light and heat
Rates
Subscriptions
Travelling and entertainment
Computer costs
Sunday School
Guest speakers
Love where you live
Evangelism
Bank charges|**2021**
**2020**
**£**
**£**
26,315
11,350
102,676
131,513
4,601
8,571
11,527
6,064
210
1,310
508
3,217
3,064
794
930
9,579
1,353
774
848
-
8,271
8,149
1,122
3,828
1,938
9,863
180
321
990
8,835
20,275
5,406
3,702
2,793
17,655
19,331
2,961
4,656
690
702
221
116
4,633
(259)
-
100
2,645
2,332
-
200
5,280
36
60|
|---|---|---|
|||222,629
239,605|
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## **DESTINY HOUSE INTERNATIONAL Notes to the Accounts (Continued) For the year ended 31 March 2021**
## **3. Resources used (cont’d)**
## **Restricted Funds**
|Music school
Homework Club
Covid - 19
Covid - 19 wages
Windrush
A Healthy You
**Goverance costs**
Accountancy fees|-
-
500
5,582
1,631
-
35,425
8,925
7,020
-
3,293|
|---|---|
||46,481
15,895|
||2,492
2,096|
||2,492
2,096|
## **4. TAXATION**
The church is a registered charity and as such no taxation has been provided for in these accounts.
## **5. TANGIBLE FIXED ASSETS**
|**Fixtures**
**and**
**fittings**
**£**
**COST**
At 1 April 2020
11,021
Addition
3,088
______
At 31March202
14,109
=====
**DEPRECIATION**
At 1 April 2020
8,699
Charge for year
1,353
At 31March2021
10,052
=====
**NET BOOK VALUE**
At 31March2021
4,057
=====
At 31March2020
2,322
=====|**Total**
**£**
11,021
3,088
______
14,109
=====
8,699
1,353|
|---|---|
||10,052
=====
4,057
=====
2,322
=====|
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## **DESTINY HOUSE INTERNATIONAL Notes to the Accounts (Continued) For the year ended 31 March 2021**
|**6.**|**DEBTORS**|
**2021**|**2020**|
|---|---|---|---|
|||**£**|**£**|
||Other debtors|-|960|
|||=====|=====|
|**7.**|**CREDITORS: Amounts falling due**|||
||**within one year**|||
||Accrued expenses|1,200|600|
||Short-term loans|600|4,200|
|||======|======|
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