## **HIS GRACE EVANGELICAL OUTREACH (HGEO)**
# **STATEMENT OF FINANCIAL ACTIVITIES (INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2021**
**CHARITY REGISTARTION NO: 1150316**
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## **HIS GRACE EVANGELICAL OUTREACH (HGEO) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2021**
**CONTENTS PAGE NUMBER** Contents 2 Company Information 3 Trustee’s Report 4-6 Independent Examiner 7 Statement of Financial Activities 8 Notes to the Accounts 9-11
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## **HIS GRACE EVANGELICAL OUTREACH (HGEO) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2021**
## **COMPANY INFORMATION**
DIRECTORS/TRUSTEES Pastor Bola Thomas Mrs Jumoke Dada Pastor Kayode Thomas Mrs Tina Meniru Mrs Nichola Smith SECRETARY Mrs Nichola Smith COMPANY REG NO CHARITY REG NO REGISTERED OFFICE 80-82 BEULAH ROAD THORNTON HEATH CROYDON SURREY CR7 8JF BANKERS BARCLAYS BANK
Pastor Bola Thomas Mrs Jumoke Dada Pastor Kayode Thomas Mrs Tina Meniru Mrs Nichola Smith
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## **His Grace Evangelical Outreach A UK Registered Charity and Company Limited By Guarantee Trustee’s Annual Report (Incorporating Director’s Report)**
## **FOR YEAR ENDED 31 AUGUST 2021**
His Grace Evangelical Outreach—Trustees' Report for 2020/21
Activities and operation
His Grace Evangelical Outreach is a Christian organisation and is a registered Charity, 1150316, in England and Wales. Its current address is His Grace House, 80-82 Beulah Road Thornton Heath Croydon, Surrey. CR7 8JF.
The Trustees during this year were:
- ➢ Kayode Thomas– Chairperson
- ➢ Pastor Bola Thomas
- ➢ Jumoke Dada
- ➢ Tina Meniru
- ➢ Nichola Smith
His Grace Evangelical Outreach is a ministry with Christian objectives with focus on Mission, Evangelism, Outreach, Community Engagement and Humanitarian work which includes addressing the issues of Food Poverty, Child Hunger and Food Waste which we deliver to the community through our His Grace Food Bank and Food Hub. We are part of The Movement for Recovery London which focus on post COVID programme, under this initiative His Grace Evangelical Outreach delivers and run our weekly Safe Space Café with focus on Good Mental Health.
The aim of the charity is to advance Christian faith, Reach out to the community, empower individual to fulfil their purpose and strengthen families for a better society destiny. This is reflected in the delivery of our programs and projects across the board. His Grace Evangelical Outreach depends on the freewill donations from members, partners, and friends as well as grant funding to deliver on Community Projects, School Holiday Club. Youth Projects, Gospel Outreaches and Mission programs. We are always very prudent both in Administrative Management and Operational deliveries to always ensure value for money.
The Trustees of His Grace Evangelical Outreach confirms that the development, financial results and position in their opinion the financial statements with accompanying notes give a true and fair view of the financial performance for 2020/21 and the financial position as at 31st of August 2021. The ministry's normal depreciation is essentially the difference between the entity's cash flow and the accounting profit.
Taxation: His Grace Evangelical Outreach is established as a charitable ministry and is tax exempt as the organisation does not receive income that does not qualify for tax relief or spent any income on noncharitable purposes.
His Grace Evangelical Outreach’s Work Environment: The current work environment is good and those who are employed, or volunteer are satisfied with their working environment. There have been no accidents or injuries in 2020/21 and volunteers / employee sick leave recorded.
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The ministry has not implemented or planned any special measures in this area in 2020/21, beyond such measures as are necessary under laws and regulations to ensure compliance with applicable environmental requirements this includes HGEO’s weekly visit to Croydon recycle centre.
Equality: His Grace Evangelical Outreach aims to have a workplace with diverse and equality of opportunity for both men and women. The ministry had 5 employees (temp and part time) and 30 volunteers (22 women and 8 men), most of who work within the His Grace Holiday Food and Fun Activities, His Grace Food Bank, Croydon/ London Gospel Festival, and other areas of mission and humanitarian projects.
Disclosure of Financial Risk: In the Trustee's opinion, there is no significant market risk or risk of losses for the ministry in the immediate future.
Summary of the main activities:
His Grace Evangelical Outreach carried out several activities this year, which included Biweekly evangelism and church service, 13[th] Annual Bespoke Relationship and Family Empowerment Seminar where we brought people of different faith and ethnicity together for a whole day online event with various engaging activities.
We have seen a major increase in our activities because of increase in demand, In COVID we ran our 13[th] Annual Croydon Gospel Festival Hope on The Street where we encourage the bereaved and motivate those who are feeling disheartened as a result of COVID 19 and Cost of Living Crisis and hundred, and ninety-eight people gave their lives to Jesus. This was a major event for us as we worked together with other churches on this and other projects.
Post COVID 19 His Grace Evangelical Outreach moved our mid weekly Prayer Meeting, Bible studies including our Youth Club and Children’s Church online whilst we kept the doors of His Grace Food Bank and Food Hub, His Grace Over 60 Club, His Grace Safe Space Cafe as we continue to repurpose our Church premises into a Community Food Hub delivering both Food Parcel, His Grace Mental Health support group and cooked meal to over 600 families each week. Supporting Vulnerable Individuals and Families by going beyond Food provision for the most vulnerable in society as we address the issues of Food Poverty especially for children on free school meals during school holidays and providing Healthy Food Supplies to those struggling to make ends meet. And also rebuilding community confidence through various outreach work.
This year we provided Telephone Helpline and befriending networks for those in Isolation and to those in supported accommodation. HGEO delivered various ln-House Project working with Parents and workshops to support Parents, young people and Children.
We delivered various Community-based Projects during the year Included Call and Care, Safe Space Café with focus on Mental Health, Parents Class, Over 60’s Weekly Club, Youth Designed to Excel Project, Our 12[th] Annual Bespoke Relationship Seminar. We held a regular daily meeting with other Church Leaders in Croydon with providing support on Outreach and Community engagement as well as providing other Ministerial Supports.
We held our Annual Christmas, and we are grateful for the input of the leadership team and members in not only supporting financially but also in becoming Frontline Key Worker as we serve the community.
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Our Main Achievements are: 1) remains, adding new souls to the church 2) continuing our trilingual service in English, Spanish and Portuguese and 3) being able to support thousands of families Post COVID 19 lockdown providing various levels of support beyond Food provision which includes personal care and hygiene products, 4) securing funds to support and provide Energy Relief to over 700 people as well providing School Uniforms, children and men’s clothe, Kitchen utensils.
We also saw a significant rise in the participation and membership from different ethnic and religious believes as we introduce our services in Spanish and Portuguese. Our work with deprived communities has increased as we engaged the hard-to-reach community groups and were able to provide workshops, individual opportunities and discussion groups and 1:1 support to address issues that affect our community. We aim to continue this great we as we strengthen our infrastructure and increase our capacity and impact,
Signed
Kayode Thomas – Chairperson
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## **His Grace Evangelical Outreach A UK Registered Charity and Company Limited By Guarantee Independent Examiner’s Report to Trustee His Grace Evangelical Outreach FOR YEAR ENDED 31 AUGUST 2021**
I report to the trustees on my examination of the financial statements of His Grace Evangelical Outreach ('the charity') for the year ended 31 August 2021.
## **Responsibilities and basis of report**
As the trustees of the charity, you are responsible for the preparation of the financial statements in
accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) oi the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the
Act; or
2. the financial statements do not accord with those records; or
3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination
4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
………
Tax Returns Accountants 73 Beulah Road Thornton Heath Croydon CR7 8JG
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## **His Grace Evangelical Outreach Statement of Financial Activities (INCOME AND EXPENDITURE ACCOUNT) FOR YEAR ENDED 31 AUGUST 2021**
|**UNRESTRICTED**
**FUND**
NOTES
**£**
**INCOMING RESOURCES**
Incoming Resources from Generated Funds:
Voluntary Income
1
**16,610.00**
Investment Income
2
**-**
incoming Resources from Charitable
Activities
3
**-**
Other Incoming Resources
4
**33,120.00**
**-**
**Total Incoming Resources**
**49,730.00**
**0.00**
**RESOURCES EXPENDED**
**0.00**
COST OF Charitable Activities
5
**45,402.00**
Governance Costs
**2,700.00**
**-**
**Total Resources Expended**
**48,102.00**
**0.00**
**Net Income/(Expenditure)**
**1,628.00**
**0.00**
**TRANSFERS**
**0.00**
Gross Transfer between Funds
**0.00**
**Net Movement in Funds For the Year**
**1,628.00**
**0.00**
**Total funds/Bal brought forward at 22nd August 2018**
**0.00**
**0.00**
**Total funds/Bal carried forward at 21st August 2019**
**1,628.00**|**_RESTRICTED_**
**_FUND_**
**£**
_-_
_-_
_-_
_-_
_-_
-
_-_
_-_
_-_
_-_
_-_
_-_|**2021**
**TOTAL**
**FUNDS**
£
£16,610.00
-
-
£33,120.00
-|**2020**
**TOTAL**
**FUNDS**
£
£25,650.00
-
-
£29,900.00
-|
|---|---|---|---|
|||£49,730.00 £0.00|£55,550.00|
|||£45,402.00
£2,700.00
-
£48,102.00
£1,628.00|-
£49,820.00
£3,000.00
-|
||||£52,820.00|
||||-
£2,730.00
-
-
-|
|||£1,628.00
£0.00|£2,730.00
-
-
-|
|||£1,628.00
£0.00|£2,730.00|
The notes form part of these financial statements.
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## NOTES TO THE ACCOUNT
|
**UNRESTRICTED**
**FUND**
Note
**£**
1.) Incoming Resources From Voluntary Income
Tithe
£13,621.00
Offering
£2,989.00
Thanksgiving
£0.00
Pledge
£0.00
Grant Funding
£33,120,00
Charitable Donation
£0.00
£0.00
£49,730.00
2.) Incoming Resources from Investment Income
Bank
£0.00
3.) Incoming Resources from Charitable Activities
Church Social Responsibility
Fund
£0.00
Books and Publications
£0.00
£0.00
4.) Other Incoming Resources
Total Incoming Resources
£49,730.00
Total Resources Expanded
£48,102.00
£1,628.00 £0.00
**UNRESTRICTED**
**FUND**
Note
**£**
**5.) Cost of Charitable**
**Activities**
Community Event / Outreach
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£25,202.00
Benevolence
£120.00
Conference & Seminars
£270.00
Website
£150.00
Equipment Expensed
£220.00
Insurance
£390.00
Equipment Hire/Lease Rental
£0.00
Guest Ministers' Honorarium
£0.00
Instrumentalists' Honorarium
£0.00
Postage & Storage
£0.00
Utility
£810.00
Premises
£18,000.00
Repairs and Maintenance
£0.00
Stationery & Printing
£180.00|
**_RESTRICTED_**
**_FUND_**
_£_
-
-
-
-
-
-
-
£0.00
-
-
-
-
-
-
£0.00 £0.00
**_RESTRICTED_**
**_FUND_**
_£_
-
-
-
-
-
-
-
-
-
-
-
-
-
-|
**2021**
**TOTAL**
**FUNDS**
£
£13,621.00
£2,989.00
£0.00
£0.00
£33,120.00
£0.00
£0.00
£49,730.00
£0.00
£0.00
£0.00
£0.00
£49,730.00
£48,102.00
1,628.00 £0.00
**2021**
**TOTAL**
**FUNDS**
£
£25,202.00
£120.00
£270.00
£150.00
£220.00
£390.00
£0.00
£0.00
£0.00
£0.00
£810.00
£18,000.00
£0.00
£180.00|
**2020**
**TOTAL**
**FUNDS**
£
£21,250.00
£4,400.00
£0.00
£0.00
£29,900.00
£0.00
£0.00|
|---|---|---|---|
||||£55,550.00|
||||-|
||||£0.00
£0.00|
||||£0.00|
||||£55,550.00
£52,820.00|
||||£2,730.00|
||||**2020**
**TOTAL**
**FUNDS**
£
£26,120.00
£520.00
£550.00
£850.00
£720.00
£390.00
£0.00
£150.00
£0.00
£350.00
£1050.00
£18,000.00
£580.00
£280.00|
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|Subscriptions
**6.) Charitable Activities**
**Community Events Outreach**
Compassion U
Cancer Research Race
Croydon & London Gospel Festival
Food Poverty and Food Waste
Bespoke Relationship &
Family Empowerment
Seminar
Local Mission
Classes
Young Artist Fund|£60.00
£0.00
£45,402.00
£10.00
£0.00
£8,250.00
£14,902.00
£890.00
£1040.00
£120.00
£0.00
£25,202.00|-
£0.00
-
-
-
-
-
-
-
-|£60.00
£45,402.00
£0.00
£0.00
£8,250.00
£14,902.00
£890.00
£1040.00
£120.00
£0.00
£25,202.00|£260.00|
|---|---|---|---|---|
|||||£49,820.00|
|||||£120.00
£20.00
£12,150.00
£11,780.00
£890.00
£1040.00
£120.00
£0.00|
|||||£26,120.00|
## 7.) Taxation
His Grace Evangelical Outreach is a charity and is eligible for exemption
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## **HIS GRACE EVANGELICAL OUTREACH ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021**
## **3. ACCOUNTING POLICIES**
## Accounting convention
The financial statements have been prepared under the historical cost convention and applicable accounting standards, and in accordance with the Charities Act and the Statement of Recommended Practice issued by the Charity Commissioners in 2005. The church has taken advantage of the exemption conferred by Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds of its size.
## **Incoming Resources**
## Recognition of Incoming Resources
Incoming resources are recognised in the period in which the charity is entitled to receipt once The amount can be measured with reasonable certainty. Income is deferred only where the donor has imposed restriction on the resources which amount to pre-conditions for example the receipt in advance of a grant for expenditure in a future accounting period.
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the Statement of Financial Activities (SOFA).
Donations and Gifts
These are included in the SOFA when the Charity has unconditional entitlement to the resources and are accounted for when received.
Volunteer Help
The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report.
## Investment Income
This is included in the accounts when receivable.
## **Expenditure and Liabilities**
Liability Recognition & Resources Expended
Resources expended are included in the Statement of Financial Activities (SoFA) on an accruals basis and are recognised at the point when a legal or constructive obligation arises.
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