OpenCharities

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2020-09-30-accounts

Names and addresses
ofadvisers
(Optional
information)
Names and addresses
ofadvisers
(Optional
information)
Names and addresses
ofadvisers
(Optional
information)
T
eofadviser
Name Address
Name ofchief executive or names ofsenior staff members (Optional information)
~
a
~ ~
Description ofthe charity's trusts
Type ofgoverning
document
Trust Deed
How the charity is constituted There are 3Trustees
having one ofthem as a chairman.
The trustees
have statutory
powers as regards the acquisition
or disposal of land and
the employment
ofagents, nominees
and custodians.
The trustees
may delegate
any of their powers or functions
to a committee
oftwo or more trustees.
The
ro erl
convened
meetin s.
trustees must exercise their powers jointly at
Trustee selection methods There must be at least 2trustees,
Apart from the first trustees,
every
trustee
must be appointed
for a term of5years by a resolution
ofthe
trustees passed at a special meeting
called under clause 15ofthe Trust
Deed.
Additional
governance
issues (Optional
information)
You may choose to include
additional
information,
where
relevant,
about:
~
policies and procedures
RISK POLICY
The Trustees have examined
the major strategic, business
and
operational
risks which the charity faces and confirm that systems
have been established
to enable regular reports to be produced so
that the necessary steps can be taken to lessen these risks.
adopted for the induction and
training oftrustees;
~ the charity's
organisational
structure
and any wider
network
with which the charity
works;
~ relationship
with any related
parties;
~ trustees'
consideration
of
major risks and the system
and procedures
to manage
them.
~ ~
Summary
ofthe objects
charity set out in its
governing
document
Summary
ofthe objects
charity set out in its
governing
document
ofthe 1.
2.
To advance the Christian
Religion for the benefit ofthe public
The prevention
or relief of poverty or financial
hardship
anywhere
in the world by providing
or assisting
in the provision
ofeducation,
training,
healthcare
projects and all the necessary
support
designed
to enable individuals
to generate a sustainable
income
and be self sufficient.
To advance the Christian
Religion for the benefit ofthe public
The prevention
or relief of poverty or financial
hardship
anywhere
in the world by providing
or assisting
in the provision
ofeducation,
training,
healthcare
projects and all the necessary
support
designed
to enable individuals
to generate a sustainable
income
and be self sufficient.
To advance the Christian
Religion for the benefit ofthe public
The prevention
or relief of poverty or financial
hardship
anywhere
in the world by providing
or assisting
in the provision
ofeducation,
training,
healthcare
projects and all the necessary
support
designed
to enable individuals
to generate a sustainable
income
and be self sufficient.
During the year under review, the charity made various donations
to very
poor areas ofGhana to support the provision ofclean water and
educational
facilities.
For educational
purposes,
the charity provided
books, printed
handouts,
DVDs and face to face preaching
and lecturing
in communities
around
Milton Keynes, London and Watford,
in the UK. Some ofthe materials
were also sent to Ghana.
Summary ofthe main
activities undertaken for the
public benefit in relation to
these objects (include within
this section the statutory
declaration
that trustees
have
had regard to the guidance
issued by the Charity
Commission
on public
benefit)

Flames of Victory Ministries Victory Ministries International Chanty No
(ifany) 1143465
Annual accounts for the period CC
Period start date ' 01/10/2019 Period end
date
30/09/2020
Restricted
Recommended Details ofown a Unrestrirted income Endowment Total this Total last
categories
by activity
analysis z funds fundsf funds
f
year
f
yearf
Incoming resources (Note 3)
Incoming resources from
F01 F02 F03 F04 F05
generatedfunds
Voiuoiory income Donations 801 127,920 127,920 62,205
Activities for generating
funds
502
Investment
income
503
Incoming resources from
charitable activities S04
Other incoming resources Tax reclaims 505 35,715 35,715 34,921
Total incoming resources sos 163,635 163,635 97,126
Resources expended (Notes 4-8)
Costs of Generating
Funds
Costs or generating
voluntary
Trainin 3,500 3,500 2,700
income Professional fees s07 3,000 3,000 2,300
Fuodraioiog
trading costs
808
Investment
management
costs
Sgg
Charitable activities Ob'sets
fulfilled
st0 98,165 98,165 81,221
Governance costs Administration sit 11,004 11,004 9,312
Other resources expended Publishing 812
Total resources expended 513 115,669 115,669 95,533
Netincomingl(outgoing/ resources before
transfem 514 47,966 47,966 1,593
Gross transfers
between funds
515
Netincomingi(outgoing/ resources before
other recognised gains/(iossesj sis 47,966 47,966 1,593
Other recognised
gains/(losses)
Gains and losses on revaluation
offixed
assets
for the charity's
own use
817
Gains and losses on investment
assets
518
Net movementin funds 810 47,966 47,966 1,593
Total funds brought
forward
520 5,663 5,663 4,070
Total funds canied forward sgt 53,629 53629 5,663
Restricted
Unrestricted income Endowment Total this Total last
z funds funds funds year year
E E E E E
Fixed assets F01 F02 F03 F04 F05
Tangible assets (Note 9) 801
802
Investments (Note 10) 803
Total fixed assets 804
Current assets
Stock and work in progress 805
Debtors (Note 11) 806
(Short term) investments 807
Cash at bank and in hand
Total current assets
806
809
53,629
53,629
53,629
53,629
5,663
5,663
Creditors: amounts
falling
due within
one year
(Note 12)
810
Net current assetsf(liabil(ties) 53,629 53,629 5,663
Total assets less current liabilities 812
Creditors: amounts
falling
due after
one year (Note 12) 813 50,000 50,000
Provisions for liabilities and charges 814
Funds ofthe Charity Net assets 815 3,629 3,629 5,663
Unrestricted
funds
816 3,629 3,629 5,663
817
Restricted income funds (Note 13) 818
Endowment
funds
(Note 13) 819
Total funds 820 3,629 3,629 5,663
Signed by one or lwo
the trustees
trustees on behalf ofall Signature Print Name Date of
a royal
Nana Opoku Barfi 28/07/2021