2021-12-31-accounts

DESTINY HOUSE WORLDWIDE MINISTRIES

(Registered Charity, No. 1160042)

FINANCIAL STATEMENTS for the year ended 31 DECEMBER 2021

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 2021

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 2021

	Notes Total 2021 2020 Incoming Resources Tithes & Offerings 33,174 28,742 Designated 0 2,155
	TOTAL 33,174 30,897

Expended Resources
Parsonage	6,195	20,179
Wages & Employment Costs	13230	0
Charitable Assistance	102	0
Advertising & Promotion	166	100
Insurance	508	0
Postage, Stationery & Supplies	0	237
Music Equipment	380	279
IT Equipment & Software	328	120
Fuel & Travel Expenses	820	2,043
Hospitality	99	0
Guest Honorarium & Love Offerings	1512	200
Venue & Office Hire	1,413	1,308
Accounting Fees	900	650
Other Administrative Expenses	483	356
Training & Development	85	0
Vehicle Expenses	690	0
TOTAL	26,911	25,472
Net (Outgoing)/Incoming Resources	6,263	5,425
Total Funds Brought Forward	17871	12,446
Total Funds Carried Forward	24,134	17,871

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DESTINY HOUSE WORLDWIDE MINISTRIES Balance Sheet as at 31 December 2021

	2021	2020
	Note £
Current Assets
Balance at bank and cash	27,287	17,871
Total Current Assets	27,287	17,871
Creditors: amounts falling due within one
year	3,153	0
Net current assets/(liabilities)	24,134	17,871
Total Assets Less Current Liabilities	24,134	17,871
Creditors: amounts falling due after one
year	0	0
Total Net Assets	24,134	17,871
Represented By
Unrestricted Income Fund	24,134	17,871

Signed on behalf of Trustees

For Trustees

Dated: 30/10/2021

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DESTINY HOUSE WORLDWIDE MINISTRIES

Notes to the accounts for the year ended 31 December 2021

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 479 Bank Charges 4

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