2020-12-31-accounts

DESTINY HOUSE WORLDWIDE MINISTRIES

(Registered Charity, No. 1160042)

FINANCIAL STATEMENTS for the year ended 31 DECEMBER 2020

Contents Page Trustees' Report 2-3 Independent Examiner's report 4 Statement of Financial activities 5 Balance Sheet 6 Notes to the accounts 7

DESTINY HOUSE WORLDWIDE MINISTRIES Trustees' Report

Trustees

Miss Louise Chitima Miss Viola Rejoice Mabvira Miss Goodness Lindiwe Ngcobo

Principal Address Independent Examiner 52 Scribers Drive Israel Keys & Associates Northampton 3 Green Street NN5 4ED Newhall

Harlow

CM17 9LN

Bank

Lloyds Bank 2 George Row Northampton NN5 4ES

Aims and Organisation

The principal activities of the charity are:

1. Advancement of the Christian religion worldwide

2. Worship Services

3. The relief of poverty worldwide

4. Local Community Projects including community-focused events

5. Support for other charitable and voluntary organisations.

Destiny House Worldwide Ministries is registered as a charity in England, (Reg no: 1160042), on 20 January 2015.

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DESTINY HOUSE WORLDWIDE MINISTRIES Trustees' Report Continued

Trustees Responsibilities for the Financial Statements

The trustees are responsible for preparing financial statements for each financial period which give a true and fair view of the state of affairs of the group and of the surplus or deficit of the group for that period. In preparing those financial statements,

The trustees are required to:

• ❑ select suitable accounting policies and apply them consistently;

• ❑ make judgements and estimates that are reasonable and prudent.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the group and enable the trustees to prepare financial statements. The trustees are responsible for safeguarding the assets of the group and hence for taking reasonable steps for the prevention of fraud and other irregularities.

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DESTINY HOUSE WORLDWIDE MINISTRIES

Independent Examiner's report on the accounts of Destiny House Worldwide Ministries for the year ended 31 December 2020

The following is a report on the accounts set out on pages 5 to 7.

Respective Responsibilities of the Trustees and the Examiner

As the trustees you are responsible for the preparation of the accounts. It is my responsibility to state whether matters have come to my attention.

Basis of Independent Examiner's Report

The examination included a review of the accounting records kept by the group and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent Examiner's Statement

In connection with my examination, no matter has come to my attention:

1) which gives me reasonable cause to believe that in any material respect the requirements:

❑ to keep appropriate accounting records

❑ to prepare accounts which accord with the accounting records

have not been met; or

2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: For Israel Keys & Associates

Date: 30/10/2021 3 Green Street Newhall Harlow CM17 9LN

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DESTINY HOUSE WORLDWIDE MINISTRIES Statement of Financial Activities for the year ended 31 December 2020

	Notes Total 2020 2019 Incoming Resources Tithes & Offering 28,742 29,391 Designated 2,155 0 TOTAL 30,897 29,391 Expended Resources Parsonage 20,179 18,469 Advertising & Promotion 100 0 Insurance 0 319 Postage, Stationery & Supplies 237 83 Music Equipment 279 377 Furniture & Fittings 0 0 IT Equipment & Software 120 0 Fuel & Travel Expenses 2,043 3,018 Hospitality 0 308 Guest Honorarium & Love Offerings 200 850 Ministerial License 0 150 Venue & Office Hire 1,308 4,222 Accounting Fees 650 650 Other Administrative Expenses 356 0 TOTAL 25,472 28,446 Net (Outgoing)/Incoming Resources 5,425 945 Total Funds Brought Forward 13,096 11,501 Total Funds Carried Forward 18,521 12,446

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DESTINY HOUSE WORLDWIDE MINISTRIES Balance Sheet as at 31 December 2020

	2020	2019
	Note £
Current Assets
Balance at bank and cash	18,521	13,096
Total Current Assets	18,521	13,096
Creditors: amounts falling due within one
year	0	650
Net current assets/(liabilities)	18,521	12,446
Total Assets Less Current Liabilities	18,521	12,446
Creditors: amounts falling due after one
year	0	0
Total Net Assets	18,521	12,446
Represented By
Unrestricted Income Fund	18,521	12,446

Signed on behalf of Trustees

For Trustees

Dated: 27/10/2021

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DESTINY HOUSE WORLDWIDE MINISTRIES

Notes to the accounts for the year ended 31 December 2020

1. Accounting Policies

(a) General

These accounts have been prepared in accordance with applicable accounting standards and with the Statement of Recommended Practice "Accounting and Reporting by Charities" issued in March 2005 ("SORP 2005")

(b) Donations and fund accounting

Donations received for the general purposes of the charity are included as unrestricted funds

(c) Resources expended

Expenditure is included on a accruals basis.

(d) Unrestricted funds are donations and other income receivable or generated for the objects of the organisation without further specified purpose and are available as general funds.

2. Other Administrative Expenses

These include payment for the following:

£

Telephone & Broadband

356

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