## **Trustees’ annual report (including Directors’ report) for the period** **From: 1[st] Dec 2019 To: 30[th] Nov 2020** **Charity name: Extending Grace International Ministries Ltd** **Charity registration number: 1160866** ## **Company number: 08765986** ## **Objectives and activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**The prevention or relief of poverty,**
**accommodation/ housing, religious**
**activities, economic/ community,**
**development/ employment and other**
**charitable purposes.**| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|**The charity organises projects, festivals,**
**fundraising events and community day**
**activities to help general public, children**
**and young people from Kent and Africa.**
**However due to the Covid 19 pandemic**
**and restrictions, the charity was unable**
**to organise fundraising events**
**physically.**
**The charity provides advocacy, advice,**
**information and supporting education in**
**rural communities where families are**
**caught in perpetual cycle of poverty in**
**Africa.**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **Achievements and performance** |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**With The Grace Project the charity helped**
**many Children in Need with provision of**
**educational resources including books,**
**writing materials, payments of school**
**fees and meals to keep the child in**
**school. It also provided the children with**
**school uniforms, shoes and other**
**educational related support required by**
**each child.**
**Due to Covid 19 restrictions, the**
**fundraising dinners and other activities**
**people from local community took place**
**virtually to socialise, interact and become**
**part of a better, kinder, grateful**
**community.**
**With Youth Project, children and young**
**people learned to explore their gifts and**
**talents in form of recreational and**
**entertaining activities. Opportunities to**
**gain work experience in different fields**
**were provided for the local secondary**
**school students.**
**With Barnabas House project the charity**
**helped with the challenge of**
**homelessness and offered**
**accommodation and support in Kent to**
**people threatened by this crisis.**
**With the Church, various activities were**
**provided for disadvantaged families in**
**the community and these include**
**provision of practical support,**
**counselling, befriending, advice,**
**information and guidance. **| |---|---|---| ## **Additional information (optional)** You may choose to include further statements where relevant about: Para 1.41 Achievements against objectives set Para 1.41 Performance of fundraising activities against objectives set Para 1.41 Investment performance against objectives Other ## **Financial review** |**Financial review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**The charity deferred income to match**
**planned activities for the following year**
**at the end of its accounting period.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**N/A**| |Amount of reserves held|Para 1.22|**Zero**| |Reasons for holding zero
reserves|Para 1.22|**The charity spends all donations received**
**and resources on various charitable**
**activities through the year.**| |Details of fund materially in
deficit|Para 1.24|**N/A**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|| ## **Additional information (optional)** You may choose to include further statements where relevant about: Para 1.47 The charity’s principal sources of funds (including any fundraising) Para 1.46 Investment policy and objectives including any social investment policy adopted Para 1.46 A description of the principal risks facing the charity Other ## **Structure, governance and management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document:
for example,trust deed,
memorandum and articles of
association etc|Para 1.25|**Memorandum and articles of association**| |How is the charity
constituted?
for example limited company,
unincorporated association,
CIO|Para 1.25|**Company limited by guarantee**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**The chairman is the one that scouts for**
**trustees.**| |||| ## **Additional information (optional)** You may choose to include further statements where relevant about: **----- Start of picture text -----**
Para 1.51
Policies and procedures
adopted for the induction and
training of trustees
Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51
Relationship with any related
parties
**----- End of picture text -----**
Other ## **Reference and administrative details** Charity name **Extending Grace International Ministries LTD** Other name the charity uses Registered charity number **1160866** Charity’s principal address **27 Leander Drive, Gravesend, DA12 4NF** ## **Names of the charity trustees who manage the charity** |**Trustee name**
**Office (if any)**
**Dates acted if not for whole**
**year **
**Name of person (or body) entitled**
**to appoint trustee (ifany)**
1 Joshua Oguntade
Director
2Eniola Titilayo
Majek
Director
3Michael Olugbenga
Olanrewaju
Director
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Corporate trustees–names of the directors at the date the report was approved
**Director name**
**Michael Olugbenga**|**Trustee name**|**Office (if any)**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---|---| ||Joshua Oguntade|Director|||| ||Eniola Titilayo
Majek|Director|||| ||Michael Olugbenga
Olanrewaju|Director|||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| |**Director name**|||||| |**Michael Olugbenga**|||||| ||||||| ||||||| ||||||| ||||||| ||||||| Name of trustees holding title to property belonging to the charity **Dates acted if not for whole year** **Trustee name** ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (optional information)** |**ional information (optional)**
**Names and addresses of advisers (optional information)**|**ional information (optional)**
**Names and addresses of advisers (optional information)**|**ional information (optional)**
**Names and addresses of advisers (optional information)**| |---|---|---| |**Type of**
**adviser**
**Name**
**Address**||| |||| |||| |||| |||| |**Name of chief executive or names of senior staff members (optional information)**||| |||| ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The company has taken advantage of the small companies’ exemption in preparing the report above.** **The trustees declare that they have approved the trustees’ report (including directors’ report) above.** **Signed on behalf of the charity’s trustees/directors** **Signature(s) Full name(s)** Michael Olanrewaju ~~ee~~ **Position (for example** Director **Secretary, Chair, etc)** ~~es~~ **Date** 14.08.2021 ~~PF~~ Company registration number: **08765986** Extending Grace International Ministries Ltd Company limited by guarantee UNAUDITED FINANCIAL STATEMENTS for the year ended 30 November 2020 ## Abbot accounting Regus House, Victory Way, Admirals Park, Crossways Business Centre, Dartford, Kent, DA2 6QD, United Kingdom ## Extending Grace International Ministries Ltd Unaudited Financial Statements ## Year ended 30 November 2020 |CONTENTS|PAGE| |---|---| |Offcers and Professional Advisers|1| |Directors’ Report|2| |Accountant’s Report|3| |Income Statement|4| |Statement of Financial Position|5 - 6| |**The following pages do not form part of the fnancial statements**|| |Detailed Income Statement|7 - 8| Extending Grace International Ministries Ltd Officers and Professional Advisers Year ended 30 November 2020 Directors E Majek B Oguntade M Olanrewaju Registered office 27 Leander Drive Gravesend DA12 4NF England Accountant Abbot accounting Regus House, Victory Way Admirals Park, Crossways Business Centre Dartford Kent DA2 6QD United Kingdom 1 ## Extending Grace International Ministries Ltd ## Directors’ Report ## Year ended 30 November 2020 The directors present their report and the unaudited financial statements of the company for the year ended 30 November 2020. DIRECTORS The directors who served the company during the year were as follows: E Majek B Oguntade M Olanrewaju SMALL COMPANY PROVISIONS This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. This report was approved by the board of directors on 13 August 2021 and signed on behalf of the board by: M Olanrewaju Director 2 ## Extending Grace International Ministries Ltd Report to the directors on the preparation of the unaudited statutory financial statements of Extending Grace International Ministries Ltd ## Year ended 30 November 2020 As described on the statement of financial position, the Board of Directors of Extending Grace International Ministries Ltd are responsible for the preparation of the financial statements for the year ended 30 November 2020, which comprise the income statement and statement of financial position. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me. Abbot accounting Regus House, Victory Way Admirals Park, Crossways Business Centre Dartford Kent DA2 6QD United Kingdom Date: 17 August 2021 3 ## Extending Grace International Ministries Ltd Income Statement ## Year ended 30 November 2020 |Turnover
Other income
Staff costs
Other charges
**Surplus**|2020
£
5,584
93,939|2019| |---|---|---| |||£| |||10,739| |||119,773| ||99,523
(7,076)
(92,447)|130,512| |||| |||(11,120)| |||(119,392)| ||-|-| |||| 4 ## Extending Grace International Ministries Ltd Statement of Financial Position ## 30 November 2020 |Current assets
Creditors: amounts falling due within one year
**Net current assets**
Accruals and deferred income
**Net liabilities**
**Capital and reserves**|2020
£|2019| |---|---|---| |||£| ||26,837
(1,124)|| |||3,605| |||-| ||25,713
(25,713)|3,605| |||(3,605)| ||-|-| |||| |||| ||-|-| |||| NOTES TO THE FINANCIAL STATEMENTS ## **1 General information** The company is a private company limited by guarantee and is registered in England and Wales. The address of the registered office is 27 Leander Drive, Gravesend, DA12 4NF, England. ## **2 Average number of employees** The average number of persons employed by the company during the year was 1 (2019: 2). For the year ending 30 November 2020, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors’ responsibilities: - The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476; - The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the micro-entity provisions. 5 Extending Grace International Ministries Ltd Statement of Financial Position (continued) ## 30 November 2020 These financial statements were approved by the board of directors and authorised for issue on 14 August 2021, and are signed on behalf of the board by: M Olanrewaju Director Company registration number: 08765986 6 ## Extending Grace International Ministries Ltd Detailed Income Statement ## Year ended 30 November 2020 ## TURNOVER |TURNOVER||| |---|---|---| |Sales
OTHER INCOME
Other operating income
Government grant released to the income statement
Other income
STAFF COSTS
Wages and salaries
Directors remuneration
Directors defned contribution pension costs
Other staff costs
OTHER CHARGES
Training costs
Rent
Rates
Service charges|2020
£
5,584
2020
£
64,678
23,192
6,069|2019| |||£| |||10,739| |||| |||2019| |||£| |||92,743| |||-| |||27,030| ||93,939|119,773| |||| ||99,523|130,512| ||2020
£
5,796
-
10
1,270|| |||| |||2019| |||£| |||4,651| |||6,459| |||10| |||-| ||7,076
2020
£
-
40,978
6,058
-|11,120| |||| |||2019| |||£| |||385| |||53,881| |||1,425| |||310| 7 ## Extending Grace International Ministries Ltd ## Detailed Income Statement (continued) ## Year ended 30 November 2020 |Light, heating and power
Travelling
Staff entertainment
Printing, postage and stationery
Telephone
Computer costs
Accountancy fees
Professional fees
General insurance
Repairs and maintenance
Cleaning
Bank charges
Charitable donations
Subscriptions
Sundry expenses
**Surplus**|3,330
3,714
338
849
1,382
997
500
40
574
948
1,239
176
30,278
-
1,046|4,531| |---|---|---| |||1,986| |||-| |||227| |||2,199| |||-| |||1,298| |||3,168| |||-| |||907| |||575| |||-| |||36,592| |||108| |||11,800| ||92,447|119,392| |||| ||-|-| |||| 8 **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** |**Report to the**
**trustees/directors/**
**members of**
**On accounts for the year**
**ended**||**Extending Grace International Ministries Ltd**|**Extending Grace International Ministries Ltd**|**Extending Grace International Ministries Ltd**|**Extending Grace International Ministries Ltd**|| |---|---|---|---|---|---|---| |||||||| |||1stDec 2019 to 30thNov 2020||||| |||||||**08765986**| |||**Charity no.:**|1160866|Company no.:||| **Set out on pages** ||I report to the charity trustees on my examination of the accounts of the| |---|---| ||Company for the year ended 30/11/2019.| |**Responsibilities and**|As the charity’s trustees of the Company (who are also the directors of the| |**basis of report**|company for the purposes of company law), you are responsible for the| ||preparation of the accounts in accordance with the requirements of the| ||Companies Act 2006 (“the 2006 Act”).| ||Having satisfied myself that the accounts of the Company are not required| ||to be audited for this year under Part 16 of the 2006 Act and are eligible for| ||independent examination, I report in respect of my examination of your| ||charity’s accounts as carried out under section 145 of the Charities Act 2011| ||(“the 2011 Act”). In carrying out my examination, I have followed the| ||Directions given by the Charity Commission (under section 145(5)(b) of the| ||2011 Act.| |**Independent**|The company’s gross income does not exceed £250,000 and I am qualified| |**examiner's statement**|to undertake the examination by being a qualified member of the| ||Association of Chartered Certified Accountants.| ||I have completed my examination. I confirm that no material matters have| ||come to my attention which gives me cause to believe that:| ||• accounting records were kept in accordance with section 386 of the| ||Companies Act 2006| ||• the accounts do comply with relevant accounting requirements under| ||section 396 of the Companies Act 2006 and the accounts give a ‘true and| ||fair’ view which is not a matter considered as part of an independent| ||examination; or| ||•the accounts have been prepared in accordance with the Charities SORP| ||(FRS102).| 1 **October 2018** **IER** 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. * _Please delete the words in the brackets if they do not apply._ **Date:** 17/08/2021 **Signed:** ~~a~~ **Name:** Tiwalola Balogun ~~Pd~~ **Relevant professional** Association of Chartered Certified Accountants **qualification(s) or body (if any):** **Address:** Regus House, Victory Way, Admirals Park Crossways Business Centre, Dartford, Kent DA2 6QD ## **Section B Disclosure** ~~eee~~ Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . 2 **October 2018** **IER** IER October 2018