OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-09-30-accounts

EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042

EVERLASTING EVANGELICAL MINISTRY

DIRECTORS REPORTS AND FINANCIAL STATEMENTS FOR 30TH SEPTEMBER 2021

1

EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042

Contents
Company Information 3-4
Directors Report 4-11
Income and Expenditure Account 9
Balance Sheet 11
Notes to the Financial Statements 10
Independent Examiners report 13

2

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

3

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 2021. 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:

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

4

EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042

functions goes beyond religion and therefore the whole community benefits.

We saw that the communities we live in 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.

Currently as part of our five year development programme, Everlasting View present a tripod system which emphasizes on the need for the charity to operate a business venture which would provide consistent financial support to the charity and this would be reinvested in Educational support through the provision of library, internet, Summer school classes as well as support youth offending.

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.

During the 2020/2021financial year , 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 particularly food stuffs to be delivered to some of the members who were finding it difficult to buy food and other necessities such as toiletries.

We also continued with the Corona Victims Food Programme and Corona Victims Rent programme. The Food programme allows members of Everlasting Evangelical Ministry to buy foodstuffs and deliver them to anybody who is indeed. The amount of purchase would then be communicated back to the administration for record keeping. The flexibility and the transparency of this programme made it possible to support families during the pandemic. We hope to lunch this food programme in the whole of London as it allows individuals to choose who they would like to support directly

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.

5

EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042

Self employed people like handy man, seamstress, and gardeners or have immigration problems which prevent them from working and earning a living. This was hugely successful because the money did not necessarily go through the charity because we did not have the resources and personnel to handle this the 2020/2021 financial year. We also realized that the problems associated with the 2019/2020 financial year was still being felt in 2020/2021 financial year

3. ACHIEVEMENTS AND PERFORMANCE

During the accounting year 2020/2021 financial year , the charity saw the need to support many people who were affected by the pandemic especially those with immigration problems which prevent them from working .

This means that the Corona Virus Food programme was a life saving mechanism that allow families to share with other families foodstuffs. Those affected included widows, orphans, the jobless and those who could not physically support themselves and their families besides their immigration problems. 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.

During 2019/2020 financial year we saw that our revenue was increased by the amount we borrowed from the bounce back loan. However in the 2020/2021 financial year, we did not pay back anything because of the one year grace period.

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 £60,000 during the 2020/2021 accounting year with overall expenses being £ 58,708.48. This leaves a surplus of £ 1293.52 . Since the establishment of the charity, our incomes have always been limited to less than £30,000 however this has changed since the pandemic. We did not apply for any financial support however our revenue has still been higher than pre-pandemic periods

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

6

EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042

other basic necessities as well as provide financial assistance to those affected by the Corona Virus pandemic.

The Charity also decided to support families to get vaccinated in order to ensure that many lives were safe. This include periodic announcement during Sundays services of the need to get vaccinated in order to ensure that we are able to return to face to face.

Also, the charity are exploring the plans to provide digital business infrastructure to support families to establish their own business to supplement their income. We are therefore looking at working with Unity LinkUp - a digital platform that focus of promoting small business from ethnic minority background.

VOLUNTEERS

We have 12 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 and the impact of corona virus as many decided to work extra to make a living

In order to achieve our aims, we will need to be an organization that is

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 and the use of zoom for majority of our services when the need arise.

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

7

EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042

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 2021)

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).

Going Concern

The organization has generated a surplus of 1293.52 for the year ended 30th September 2021.

8

EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042 INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30TH SEPT 2021

RECEIPTS
Tithes Offering
Sundays and Thanks and Corona Victim’s Food programme
External Donation Income Gift Aid
EXPENDITURE
(£)
Rents
1400.00
Lord's Supper
500.00
Transportation and Fuel
1000.00
Telephones and mobile phone
700.00
Parties Cost
Additional Cost ( Note 1)
Corona Victims Rent Programme
Corona Victim Food programme
2000.00
1430.72
10,000.00
15329.09
Corona Virus Victims Food Programme
25000.00
Payments for External Service (Miscellaneous (Note 2)
247.00
Depreciation 30thSeptember 2021 (note 3)
1099.67
Surplus		 RECEIPTS
Tithes Offering
Sundays and Thanks and Corona Victim’s Food programme
External Donation Income Gift Aid
EXPENDITURE
(£)
Rents
1400.00
Lord's Supper
500.00
Transportation and Fuel
1000.00
Telephones and mobile phone
700.00
Parties Cost
Additional Cost ( Note 1)
Corona Victims Rent Programme
Corona Victim Food programme
2000.00
1430.72
10,000.00
15329.09
Corona Virus Victims Food Programme
25000.00
Payments for External Service (Miscellaneous (Note 2)
247.00
Depreciation 30thSeptember 2021 (note 3)
1099.67
Surplus		 (£)
25,063.00
24,937.00
10000.00
60,000.00

58,708.48
1293.52

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

9

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 of May 2021, 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

These include payment for our websites and Companies House in order to update our records

FOOTNOTES

Additional Cost (Note 1 )
Ancient Wisdom

Administrative Printing Ink

Batteries Laptop

Stationery

Totals

PAYMENTS TO EXTERNAL BODIES (Note 2)
Website expenses for Church 123
Companies House Expenditure
Totals

DEPRECIATION (Note 3)
Depreciation 30thSeptember 2020
Add (11% Depreciation of9997at 30thSeptember 2021
Total Accumulated Depreciation for 30thSeptember 2020






£990.00
£1099.67
£2089.67		 600.00
300.00
20.00
110.00
400.72
1430.72
£234.00
£13.00
£247.00

10

EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042

EVERLASTING EVANGELICAL MINISTRY BALANCE SHEET

AS AT 30TH SEPTEMBER 2021

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
Funds
Capital		 2020
£
420

519
385
1500

65
160
41
40
160
970.26
2823.32

70
708.95
1069.50

65
8997
1990
£7007
191.00
1795.00
50,000

£58993.81

£58993.81
 2021
£
420
519
385
1500
65
160
41
40
160
970.26
3823.32
70
708.95
1069.50
65
9997.21
1099.67
8894.54
2000
1293.52
50,000.00
62188.06
62188.06

11

EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042

SIGNATORIES

MISS GENEVIEVE ANTWIWAA TUFFOUR

FINANCIAL SECRETARY/ TREASURER

12

EVERLASTING EVANGELICAL MINISTRY COMPANY NUMBER 07783274 CHARITY NO: 1145042

DATE: 20[th] May 2022 Independent Assessor

G.Agyeman

DATE: 23[rd] July 2022

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 23[rd] July 2022

13