## **EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042** ## **EVERLASTING EVANGELICAL MINISTRY** **DIRECTORS REPORTS AND FINANCIAL STATEMENTS FOR 30TH SEPTEMBER 2020** ## **EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042** |**Contents**|| |---|---| |**Company Information**|**3**| |**Directors Report**|**4-11**| |**Income and Expenditure Account**|**7-8**| |**Balance Sheet**|**10**| |**Notes to the Financial Statements**|**8-9**| |**Independent Examiners report**|**10**| **EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042** ## **COMPANY INFORMATION** **Status:** The organization is a charitable company limited by guarantee, incorporated on 22[nd] September 2011 and registered as a charity on 13[th] December 2011. Everlasting Evangelical Ministry is a registered member of International ministerial Council of Great Britain (IMCGB) and a member of CLINKS, an umbrella organization for helping ex-offenders. It has also registered with Her Majesty Revenue and Customs and also a member of National Council for Voluntary Organization ( NCVO) **Governing Document:** The Company was established under a memorandum of association which established the objects and powers of the charitable company and is governed under its articles of association **Company no: 1145042 Charity no: 07783274 Her Majesty Revenue and Customs XT32195 National Council for Voluntary Organisation MEMBERVC/17225 International Ministerial Council of Gt. Britain L.No: 2004 M.C. No: C512 Member of CLINKS, Voluntary Organisation working with Offenders in ENGLAND AND WALES 1829 Registered Office: 43 Given Wilson Walk E13 0EB London Operating Address: Pitchford St, London E15 4RZ Board Management: Rev. Patrick Suadwa ( Chairperson) Angela Tuffour (General Secretary) Genevieve A. Tuffour (Financial Secretary/Treasurer) Elder Osei Kofi Sarpong (Deputy Financial Secretary /Treasurer) Company Secretary Angela Tuffour** **EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042** **Bankers** **Lloyds Bank Harbour Island 24-25 Harbour Exchange Square, Isle of Dogs London, E14 9GQ** **NATWEST PLC** **Ground Floor, Gredley House, 1 - 11 Broadway, London E15 4BQ** ## **1. Directors’ Report** In accordance with company law and applicable regulations, the directors present their report and financial statements for the year ended 30[th] September 2020. As per elected company law which requires directors to prepare financial statements for each financial year, this report and financial statement has been prepared in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the company and of the surplus or deficit of the company for that period. In preparing the financial statements the directors have met standing requirements to: (A) select suitable accounting policies and apply them consistently, (B) make judgments and accounting estimates that are reasonable and prudent and (C) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. Directors Responsibilities, relevant to this report and financial statement are as follows: - Maintenance of accurate accounting records detailing the company’s transactions in compliance with the Companies Act 2006. - Safeguarding of company assets with infrastructures for the prevention and detection of fraud and other irregularities where present. ## **Company limited by guarantee:** The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1. ## **Ultimate Controlling Party:** The company's ultimate controlling party are all the trustees and where necessary one of the trustee are elected as a chairperson. ## **Principle Activity/Purpose** : Everlasting Evangelical ministry started as a Christian organization with a desire for the advancement of the gospel. It was founded in order to provide for support for the Christian faith through the propagation of the gospel, to support and provided human resources, educational facilities, advocacy and advice to children and families, women and vulnerable groups. The core functions goes beyond religion and therefore the whole community benefits. ## **EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042** We saw that the communities we live have some many difficult problems in the field of unemployment, child abuse, family disintegration, youth offending, famine, financial hardship and through our beliefs we can make a difference by helping to not only to provide faith based activities but to also improve the quality of life and socio economic development of the communities which will in turn enhance the standard of living of both members and non members. Programmes such are Parents United brings parents in Newham to discuss issues affecting women and families whilst Mobile Friends is a telephone befriending services that helps lone young women and those going through divorce and strain relationships to be able to cope during crisis in their relationship. Everlasting View was also unveiled and the purpose is to rehabilitate and integrate the youth who have gone through the criminal Justice System back into the community in such a way that reoffending and problems that push them back into the same problem would be curtailed. We have support from SPCKS who have supplied us with books for the reading of the inmates. We must emphasize that we met administrative bottlenecks with regards to taking our services to the prisons. The good news however is that we are working with Day Light Prison Ministry in order to contribute our quota to the prison ministry. ## **2.PUBLIC BENEFIT** The Governing Council has referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aim and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set for the church and as a registered charity and this include proving services to the general public ( employment, advocacy, immigration, women rights, youth and family) as well as simultaneously providing faith based activities and services for the church. Also the Everlasting View Projects comprises of three mega institutions namely those providing support, mentoring and befriending services, those providing Education support services and those providing employment support services to youth offenders. This achieves the public services and it is accessible to every member living in London especially in East London. During the 20192020 financial, we directed our activities towards supporting the communities in Newham to be able to go through the corona virus pandemic. Therefore we used ZOOM meeting to organize series of donation which is geared towards supporting families with daily meals and basic necessities. We therefore instituted two major projects, the Corona Victims Food Programme and Corona Victims rent programme. The rent programme involves church members contributing to the rent of anybody in need without necessarily sending the money directly to the Charity. This was successful because it was a direct payment and support rendered by members to the wider community and all that we needed was a confirmation that such support has been made. Also worth mentioning was Food programme called the Corona Virus food programme. This involves individual members sending food to everyone in the community whether online or face to face which was inline with government guidelines. We realized that the charity has not got the resources and the volunteer to carry out this project. Therefore what we did was to connect people who need basic necessities to those who have the means to provide. Therefore through this coordinated project, the corona virus projected yielded a whopping £19,295.81. However we realized that in order to preserve lives, we need to spend more and therefore all the ## **EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042** tithes amounting to£20,063 was directed to support the food programme and the rent programme. In our church, we realized that there are many people who did not register their business with HRMC. This is because they are handy man, seamstress, and gardeners or have immigration problems which prevent them from working and earning a living. We therefore instituted the rent programme to allow members to support and contribute to anybody who was in need and later confined this o the charity. This was hugely successful because the money did not necessarily go through the charity because we did not have the resources and personal to implement that. ## **3. ACHIEVEMENTS AND PERFORMANCE** During the accounting year 2019 and 2020, the charity saw the need to support many people who were affected by the Lockdown for to the pandemic. This means that we put a lot of efforts into getting food, water and medicine to most people who were affected which included widows, orphans, the jobless and those who could not physically support themselves and their families. The Success of the Corona Virus Feeding and Rent programme saw our revenue rise to accommodate increasing food cost, fuel, transportations etc. As we could not meet due to restrictions, our desire to make life comfortable for everyone affected by Corona virus relies on the contributions and good will of other church members to ferry food and basic necessities to the affected person including those who were sent to the hospitals. We measure access by the lives that we save during the pandemic and the feedback we received from the recipient We also saw that since the charity was established, our income threshold has always been lower than the £25,000 but during the pandemic, when movement was restricted, the decision to allow members to contribute to families directly without paying through the charity accounts have saved lives. It is therefore important that the trustees review these successes of allowing members to contribute directly and ensure that the charity builds on this as we are still on lock down. ## **Small Company Rules** : This report has been prepared in accordance with the special provisions relating to companies’ subject to the small company’s regime within Part 15 of the Companies Act 2006. ## Psuadwa ………………………….. On behalf of the board Rev. Patrick Suadwa ## **FINANCIAL REVIEW** Incoming resources were £ **94358.81** during the 2019/2020 accounting year with overall expenses being £93323.00.This leaves a surplus of £1035.18. Since the establishment of the charity, our incomes have always been limited to less than £30,000 however during the pandemic, we encouraged members to support each other directly and this enabled us to provide support to the community and members of the general public with increased spending ## **EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042** ## **PLANS FOR THE FUTURE** Directors’ main objectives for the year 2020/2021 are to continue its core work which are aimed at supporting our members and the community of Newham through the provision of food, water and other basic necessities as well as provide financial assistance to those affected by the Corona Virus pandemic. As we are still on lockdown the trustees have reviewed our core objectives and concluded that supporting families to stay alive should be prioritized against any objective however it is important for the charity to make preparations to support many people to get the vaccines (if any) or whenever it becomes available as this would ultimately reduce deaths, infections and allows the charity to go back to its core objectives As many other people have lost families, it is our priority to reintroduce one of the old projects called Mobile Friends which uses telephone conversation as a way of providing therapeutic services to those during divorce and affected by the negative impact of corona virus and bereavement. When the Lock down is lifted, the directors would review this policy in order to ensure that the needs of our members and the general community in Newham are catered for at every stage. Also we aim to support members and the general public to get the vaccine in according to the government guides when they are ready and where the vaccine becomes available. ## **VOLUNTEERS** We have fifteen volunteers who work with the church to provide services through Parents United project and the Mobile Friends mentoring services. The decrease is as a result of some volunteers going to university. In order to achieve our aims, we will need to be an organization that is - 🟃 celebrating diversity and promotes equality - 🟃 Accessible and inclusive - 🟃 well resourced with committed staff - 🟃 Creative, flexible and adaptable - 🟃 Transparent, accountable and open - 🟃 Listening and responsive - 🟃 Learning and innovative - 🟃 robust and resilient - 🟃 Ready to work in partnership with those who complement our values. ## **RISK MANAGEMENT** The Governing Council has undertaken a thorough assessment of the risks faced by the organization and, where risks were assessed as potentially threatening, aversion tactics have been established. Elsewhere, the Trustees are satisfied that systems and procedures to manage risks have been adopted. This includes following the Government Guidelines on the use of masks and providing support to get everyone vaccinated in Newham ## **EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042** ## **Governing Council Responsibilities** The Governing Council or the trustees council is responsible for preparing the Report of the Board and the financial statements in accordance with applicable law and regulations. Company law requires the Board to prepare financial statements for each financial year. Under that law the Board has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the Board must not approve the financial statements unless it is satisfied that they give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the net income or expenditure, of the charitable company for that period. In preparing these financial statements, the Governing Council is required to: Accounting Practice) have been followed, subject to any material departures disclosed and explained in the financial statements; that the charitable company will continue in operation. The Board is responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. The Board is also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Governing Council is responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of the financial statements may differ from legislation in other jurisdictions. ## **Statement of Financial Activities** **(Incorporating an income and expenditure account) for the year ended 30[th ] September 2020)** ## **Principal accounting policies** ## **Convention** The financial statements have been prepared under the historical cost convention and in accordance with applicable accounting standards and the Companies Act 2006. They follow the recommendations in the Statement of Recommended Practice, Accounting and Reporting by Charities (issued in March 2005). The organization has generated a surplus of £1805.81 for the year ended 30th September 2020. **Going Concern** ## **EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042** ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30TH SEPT 2020** |**RECEIPTS**
**Tithes Offering**
**Sundays and Thanks and Corona Victim’s Food programme**
**External Donation Income Gift Aid**
**Government Bounce Back loan**
**EXPENDITURE**
**(£)**
**Rents**
**2400.00**
**Lord's Supper**
**300.00**
**Transportation and Fuel**
**600.00**
**Telephones and mobile phone**
**660.00**
**Parties Cost**
**Additional Cost ( Note 1)**
**Corona Victims Rent Programme**
**1500.00**
**3952.00**
**19700.00**
**Settled debt for the repairs of 242 Romford Road(Note 4)**
**25,000.00**
**Corona Virus Victims Food Programme**
**32000.00**
**Payments for External Service (Miscellaneous (Note 2)**
**5247.00**
**Depreciation 30thSeptember 2020 (note 3)**
**1964.00**
**Surplus**|**(£)**
**20,063.00**
**19,295.81**|**(£)**
**20,063.00**
**19,295.81**| |---|---|---| ||**5000.00**|| ||**50,000.00**|| ||**94358.81**|| |||**93323.00**| ||**1035.81**|| ## **ADDITIONAL INFORMATION** ## Additional Needs and Welfare (housing and rents for Members) Additional needs and welfare were the amount spent on members in providing support for those who were displaced without support from the council or before the council supported them. These include rent, daily feeding and those who lack support because of their immigration issues and corona virus ## **EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042** ## Corona Virus Victims Food Programme The impact of corona virus means that during the latter part May 2020, the charity decided to support all our members including the general community for the basic food like tea, bread rice, oil, etc to support families and their relatives during the lockdown. Many of these affected families are people who could not claim any support from the government either because they have immigration issues or have not registered their jobs to be able to claim support from the HRMC. ## Payments for External Service The Charity decided to go for the Government Bounce back loan to support its core activities of supporting members during the pandemic. As a result, it secured the services of to process the bounce back loan on behalf the charity ## **FOOTNOTES** ## **Additional Cost (Note 1 )** |Ancient Wisdom
|500.29| |---|---| |Flyers for Corona Support
|140.00| |Administrative Printing Ink for tithes envelops etc
|300.00| |Coach hire October 2019 for outing
|2200.00| |Coach Driver
|50.00| |Batteries
|14.99| |Stationery
|110.00| ||636.72| |**Totals**
|**3952.00**| ## **PAYMENTS TO EXTERNAL BODIES (Note 2)** |Website expenses for Church 123

Companies House Expenditure
Bounce Back loan Services
**Totals**|£234.00
£13.00
£5000.00| |---|---| ||**£5247.00**| ## **DEPRECIATION (Note 3)** |**DEPRECIATION (Note 3)**|| |---|---| |Depreciation 30thSeptember 2019
Add (11% Depreciation of**8997**at 30thSeptember 2020
Total Accumulated Depreciation for 30thSeptember 2020|£100.00
£ 990.00| ||**£1990.00**| ## **Building repairs to the 242 Romford Road E7 9HQ (Note 4)** **The repair was carried out at the unit 242 Romford Rd when we acquired it. This reported was mandated by resolution taken on the 20[th] day of June 2020 to settle all the debts below:** ## **EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042** Contractors fee for creating 2 Offices £7500.00 Contractors Electrical and wiring £4500.00 Expenses on wood and other materials £8300.00 Flooring and carpet and New auditorium £2500.00 Renovating Toilet and other entrances/Exit £2200 .00 Totals **£25000.00** ## EVERLASTING EVANGELICAL MINISTRY BALANCE SHEET AS AT 30TH SEPTEMBER 2020 |**Fixed assets**
Speakers
Amplifier
Combo
Phantom Piano
Phantom Cover
Small Keyboards
Small new speakers
Memory Cards
External Hard Drive
Drum kits
Laptops/software/bag
Flight Covers
New Cordless microphone unit

Fuji Camera
New Fuji Camera
Fixed Assets
Less Total Depreciation (Note 3)
**Total Fixed Assets**

Currents Assets
Cash at Bank/s
Surplus

Liabilities /Long term Loan
Bounce back Loan (repayable in
6 years
**Total Net Assets**
|**2019**
**£**
**2020**
**£**
420
420
519
519
385
385
1500
1500
65
65
160
160
41
41
40
40
160
160
970.26
2823.32
970.26
2823.32
70
70
708.95
708.95
1069.50
1069.50
65
65
**8997**
**8997**
1000
1990
**£7997**
**7007**
2603.00
191
1795.81
50,000.00
**£10600**
**58993.81**| |---|---| **EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042** Funds Capital **£10600 58993.81** ## SIGNATORIES MISS GENEVIEVE ANTWIWAA TUFFOUR FINANCIAL SECRETARY/ TREASURER DATE: 20[th May 2021] ## **EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042** Independent Assessor G.Agyeman DATE: 28[TH] MAY 2021 Geraldrine Agyeman ## **INDEPENDENT EXAMINER’S REPORTS** I have carried out an independent report on the financial records for the year ended 30[th] September 2020 and did not find any serious incident and therefore I am satisfied with the records of expenses and revenue received and expended by the charity and the records of transactions including cash transaction. I have also reviewed the Balance sheet of the assets and liabilities of the Charity against the previous report and I am satisfied that, the both have been recorded in the books of accounts G.Agyeman ------------------------------- Miss Geraldrine Agyeman **28/05/2021**