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2024-03-31-accounts

Trustees. Annual Report for the period Petlod start date Period end date 023 From 2024 To Section A Reference and administration details Charity name SIMNET OtTfREACH ￿NISTRIEs othor names charlty Is known by SIMNET OUTREACkL" HOLY TRtNrrY TABERNACLE Registered charity number (if any) 1147641 Charitys principal address SCHOOL HOUSE SELBORNE ROAD LONDON Posteode CRO 5JQ Names of th• charity trustees who manage the charity Trustse name Offi¢e lif any) Dates act¢d rf not for whole ear Namè of pprsoft (or body) entiued toa oint trustee ifan APOSTLE SIMON A. IDOWU CHA 0510512012 TRUSTEE BOARD PASTOR MOSHOOD AMOS AMOSU PASTOR ADEBAYO GEORGE-LAWAL DR JONATHAN O. OLALEYE 01/0012014 TRUS Ib.b' BUARD TREASURER 0110612014 TRUSTEE BOARD SECRETARY TRUSTEE l ?/ll8D_oi g TRUSTEE BOARD 10 11 12 13 14 15 16 17 18 19 20 TAR Marth 2012

Names of the trustees for the charity, If any, (for oxample* any Gustodian trustees) Name Datoe a¢ted rf not for whole ear Names and addresses of advisers {Optional infomiation) e of adviser Name Address Name of chief executive or names of senior staff members {Optional Infomiatlon) Section B Structure, Description of the charitys trusts Type of goveming document TRUST DEED overnance and mana ement How the charity is consututed TRUST Trustee 8eleGtion methods TRUSTEE ARE APPO￿TED BY THE BOARD OF TRUSTEES Additional governance issuÈg (Optional information) You may choose to inclu¢Je additional information. whère relevant. about.. policies and procedures adopted for the induction and training of trustees., the charity's organisational structure and any wider network with which the charity works", relationship vlith any related parties,. tru8tees' consloeration of major risks and tha system and procedures to manage theffl. THIS CHARITY HAS CONFLICT OF NTEREST POLICY IN PLACE TAR March 2012

Section C Ob"ectives and activities oirR OBJECTS ARE: I "To advance the Christian religion in London and other places" within Engknld and WAle4, and overseas, in accordance with th¢ statements of belicf app¢aring in the schedule and Christian dodrine4 for th¢ benefit of the public. Summary of the objects of the charity set out in its governing document 2 "To advance education in such ways and in such parts of the United Kingdo or the world as the trustees from time to titne may think flt." 3 'The prevention or relief of poverty maiDly in EA)ndon and other places, nationally OT overseas by providing: grdnts. itETnq And services to Individuals and supporting other charities or organisations (lo¢al, national and overseas) working to preveni or r¢lieve poverty." All our Ob'ects are charitable ACflVITtES UNDERTAKEN Our trustees have had regard to the guidance issued by the Charity C¢)mmission on public benefit. All our Objects are charitshle And the. following aetivities in fiwtherin8 th¢m aTe for public benefit: We undertcM)k our usuaI weekly and monthly churclblminislry activities such &s fellowship/meeting4 preachin& and bible studies. prayers and ¢ouJ]selling, evangelism and radio ministy. Summary of tho 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 thÈ Charity Commission on public benefit) The followin2 activities were also undertaken: I. CONFERENCE THEME: ANATOMY nF HES RESSURECTION DATE.. 8th of April 2023 VENUE: Ashburntjam Place Battl4 East Sussffj IN33 9NF. 2. ANNUAL COIYVENTION THEME: THE STORM IS OVER DATE: 17th- 21st July 2023. VENUE. Archbishop Tenison's CE High 8chnnl, Selborne Road. Croydon CRO 5JQ. 3. SEMINAR THEME: THE APOSTOLIC AUTHORITY DATE: 9th of September 2023 VENUE: Ashbuntham Place Battl4 East TN33 9NF. 4. CONFF.RENCE THEME.. TIII SHEKINAH GLORY DATE: 30th of December 2023. VENUE: Online Zoom and Ashburnham Place, Battle, East Susse4 TN33 9NF. TAR Maid¥ 2012

Additional details of objectives and activities (Optional infomiatlon) Granr Pollcy and Pro¢edure Th¢ Trustees must use the income and other rev¢nues of the organisation in promoting the Objects Èn the governing document (Trust Deed). This will include the purpose of actually carrying out the Obj¢cts as in paragtaphs 1. 3.2 and 3.3 of the Trust Deed. We currently have limited fimds and can onty make grnnts in the forn7 of small financial assistanc¢ to &pplÈcants in genuine need and not lo those whn have made deliberately made th¢Enselves destitute, or those who have not explored oth¢T availabl¢ bVUfL¥S likc their eniitlement 10 sthtelsocial benetits or attordable commercial loans. Consideration wtll he giving to individualg who are genuinely experiencing financÈal hardship or sick because they ￿ poor or at risk of becoming poor. due to: bereavement of the main bread winner in the family, with very low ineolne, du¢ to tll_health, and peopl¢ who are uncmploycd and people that do not recourse to the public fimds. Therefore, each application will be means-tested and assessed on th¢ir individual merAts. You may Choo￿ to indude further statements, where relevant, about: policy on grantmaking,. policy programme related investment. contribution made by volunteer8. Depending on availability of SED￿1 fjnancial grant also be given to support other charitable organisations undertaking similar object and activitie OT rural communiti¢s farins tyi.isis 01 Il*iiural disasier. No Trustee or comie¢ted person to a trustee may use their position to influence or obtain any financial or mdt¢rial benefit from this charity except they ordinarily qualify by satisfying the criteria mentioned aknve. Such trustee or their connected person MJUST NOT be involved in the decision making for their t a lication. Please see the Conflict-of-lnterest Poli Section D Achievements and performance Assisted and supported people towards employment Summary of the main achievements of the charity during tho year Provided educational materials and support for youtigsters which helped them gain pla¢ement into university. Restore families through counselling And rnatriage enriehmellt prograrnmes. Relieved ¥x)verty for some people through provision of clothing, toiletrtes for hnmeleqE pe.ople_ Organised conferences and seminar5 for people ill London at AshbuTnham, Battle tn East Sussex. Engaged in MI￿10nary wo￿8 in Africa and America. TAR March 2012

Section E Financial review Brief statement of the charity's policy on reserves TRUSTEES AIYD O'I'HLK RELATED PARTIES Nft pairyne.nts were made to any trn8te¢ or any person ¢onncctcd with them No materiaI transa¢tions took place with a trustee or any person connected with th¢m. There was no Grant received durlng the year. GI￿[ AID Total Gift Aid Teceived for ear 2024 amounted to £10,427. The following are &xtracts trom Awiual Account for the year ending 3 1st March TOTAL INCOMING RESOURCES Detsils of any funds materially in deficit £40,400 Total Resources expcnd¢d on Managing and Administering the Charity £34.667 F4ET INCOMINGI(OUfGOING) RE&OiJRCLS 15,733 Tolal funds brought fnrwRrd £284 Total funds carried fonvard £6017 Further financial review details (Optional Infomiation You may choose to indude The main sources ofthe charity's income are donations and gifts from supporters additional information, where and Tnembers. relevant about.. In addition to any other powers they have. the Trnstees may ¢xercise any of the the Ghartty's prfndpal followinR powers in order to further the nhject.s (hiit not for any other purpose): sources of funds {induding any fundraising),. (i) to raise fimds. In oxercising this ptswcr, tht Trustcrs Illusl not undenake any substantial pennanent trading activity and must comply with any relevAnt how expendrture has statutory regulations. supported the key objectives of the charity. investment policy and objectives including Any ethical investment policy adopted. (IT) to buy, tak¢ on lease or in exchange. hire or otherwise acquire propety and to maintain and equip it for use. (iii) to sell, lease or otherwise dispose of all or any part of the propety belongin to the Chartry. In exercising this power. the Trustees must comply as appropriate with se.c.tions 36 aDd 37 of th¢ CharÈti¢s Act 1993, as am¢ndcd by tli¢ c114￿￿LI¢S (iv) to borrow money And to charge the whole or any part of the prnpcty belongtng to the Charity as security for repayment of the money borrowed. The Trustees must comply as appropriat¢ with sections 38 and 39 of the Charities Act 1993. as amended by the Clwities Act 2006, if th¢y wish to mortgage land owned by the Charity. (v) to Co-opetxte with other Charities, voluntary iKJdies Émd statutory authtiritics and to exchange infornTration and advice with them. (vi) to establish or support any charitahle tniqts, asgociations or institutions formed for any of the charitable purposes included in the obj¢¢ts' (vii) to acquire. with or enter into any partnership or joirt venture arrangement with any other Charity fonned for any of the objects. {viii} to create such advisory committees &$ the Tn￿ think fiL' (ix) to employ and remunernte. siich stsff as are necessary for corryrng out thc . work of the Charity" (x) to do any other Iawful thing that is necessary or desirkble for the achievement of the ob"ects. TAR Marth 2012

Section F Other optional information ACCOiJNTING PQLILIES The accounts have been prepared in accordance with applicable accounting standards and follow the recomm¢ndotions iti Statement of Recommended Practice: A¢counting for Charities (SORP) ixsued in October, 2000. Voluntary income is received by way of donations and gifts. It is shown in full tn the Stat¢meDt of Financial Activities. when received GAfts in kind are valued at their estimated value to the ¢harÈty and are incltEded under the appmpri2te he2din8 Intangible in¢ome is valued and included in income to the &Ytent that itrepresents goods or which would othmvis¢ bc PU￿has¢￿. Whrre it Is difficult or not possible to value the goods or services such ￿ volunteer tim& the a¢counts do not include them. Grants in¢luding for the purch&8¢ of fixed • are recogoised in ￿1] in the Statemenf of Financial Activities in the year in ivhich they are receive(L R¢striaed tsnds are to be used for specified purposes as required by the donor. ExpendituTr which meets these criteri% is allocated tn the relevant fimd. Income d¢tiv¢d these fimds Is retained within the funds concerned. Desigrtated fijnds are uDrestrict¢d fimds which th¢ trustees hav¢ designknd to be used for a spccific puqJos¢. Where these funds yield investment in¢om4 this ts available for general purposes. Unrestricted funds are funds which are not desigJJated or restricfrd. Depreciation is Calculated at a rdte to write off the cost oftangible fLxed assets on a reduciDg balauce over their estIn￿ted usefu] lives. The rdles applied peranllum are &s follow Fixbjres and Fitting Fquipment 25% Mvlor Vehicle 250/0 Section G Declaration The tnth declare that they have approved the trustees. report above. Signed on behalf of the charity'8 trustee¥ Signaknre(s) Full namds) Position leg Secretary. Chair. etc) Awstle Simon Adeyinka idoTrs Chairnia Pastor oshood Amog osu 2911212024 TAR Marth 2012