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
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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
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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.
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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.
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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.
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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
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