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2020-10-31-accounts

Trustees’ annual report (including Directors’ report) for the period

From: Period start date 01/11/2019 To: Period end date 31/10/2020

Charity name: Overcoming Faith Outreach Ministries

Charity registration number: 1164401

Company number:

Objectives and activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 The object of this CIO is to advance the
Christian faith in accordance with the
bible in such ways and in such parts of
the United Kingdom or the world as the
Trustees from time to time may think fit.
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
Christian religious activities, welfare of
members, hosting gospel night of songs,
bible
teaching
programs
for
emotional/psychosocial development of
members of the ministry and the local
Communities in which we worship. Over
the period of the pandemic, we adjusted
our services which were moved to zoom to
maintain social distancing and comply with
the restrictions in place.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 We are aware of the guidance on public
benefit and have taken this into account
when
making
decisions
on
church
programs. Special community-oriented
programs such as Our International
Day, the Ladies Retreat which attracted
women from a variety of backgrounds, the
night of prayer and reflection which
happens once a month have been well
received by families needing a reflective
prayer time from their busy schedules
over the month, were all done online from
the time restrictions were introduced as
we continued to provide avenues to
engage the public to provide support as
needed. Many in our community
have continued to engage with our
Sunday services which start later in the
afternoon in London as it affords them
time to rest in the morning after their busy
schedules during the week and to still be
part of the evening church service. We are
pleased to report on the growing women’s
fellowship activities, Men’s fellowship in
Manchester, the teenage choir
which
is
developing
further.
Our
December 2019 Levites Gospel

Conference which featured songs, gospel messages and seminars on spiritual empowerment was well received by the public as a way of reflecting on events through the year.

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

This year has been a year of great achievements but also challenging due to the pandemic. We have had a number of Summary of the main Para 1.20 new visits, with the online services achievements of the charity, proving very popular as people from identifying the difference the various countries were able to join. As a charity’s work has made to charity, our international service that the circumstances of its celebrates the diversity of our community beneficiaries and any wider and the membership has continued to benefits to society as a attract new visitors; the event was hugely whole. successful. Activities involved songs, recitations and poetry from a very diverse milieu of social, geographical and ethnic backgrounds. The event created a rich atmosphere for spiritual, cultural and social exchange which all that attended enjoyed. Over the pandemic, our key focus has been to provide emotional, spiritual, psychological and practical support to our member and the wider public as we continued to grapple with the challenges brought about by the pandemic including restrictions on social contacts etc. Our online services have been a huge success attracting people from all works of life from various parts of the world who reported that they felt spiritually,

----- Start of picture text -----
|||| |---|---|---| |emotionally|and|psychologically| |empowered through the ministration of| |the word as well the practical support| |given in some cases. Our services and| |outreaches incorporate bible teaching| |sessions, songs/ worship sessions and| |corporate prayer sessions. Participants| |have continued to be both socially,| |emotionally empowered and spiritually| |energized.|

----- End of picture text -----

Unlike in previous years, the church did
not hold a community barbecue in first
week of August. However, continued to
create
an
opportunity
for
dialogue,
refreshment
and
understanding
with
people from the local
Community through our online services.
We continue to be financially, spiritually
supportive of members in need and where
there has been bereavement.

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

Review of the charity’s
financial position at the end
of the period
Para 1.21 Total receipts of unrestricted funds for the
period was £17,680 of which £8,086 was
the expenditure on things like transport to
the
different
church
organized
programs(before
restrictions
were
introduced), welfare of church members in
need (as well as dealing with bereavement
and burials). Our expenditure during the
period
covered
the
purchase
of
refreshment for
members after church programs and
rent of premises where we hold bible
**study and regular church services. **
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 It’s our policy to try to maintain a reserve
of at least £300 in order to address
emergency situations requiring welfare
support among our members or in order to
pay rent for the property used for church
meetings. This is necessary as receipts of
freewill offering might not be of equal
amount from month to month. Some
months we experience a downward trend
**of giving from members. **
Amount of reserves held Para 1.22 £9594
Reasons for holding zero
reserves
Para 1.22 This is not applicable
Details of fund materially in
deficit
Para 1.24 This is not applicable
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 Although there has been an
economic squeeze during the
pandemic and a downward trend
in free will offering, we continue
to have the funds needed to
continue as a charity.

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 Trust deed
How is the charity
constituted?
for example limited company,
unincorporated association,
CIO
Para 1.25 Charity Incorporated Organization (CIO)
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 Eligibility for trusteeship
(a) Every charity trustee must be a natural
person.
(b) No individual may be appointed as a
charity trustee of the CIO: if he or she is
under the age of 16 years; or if he or she
would automatically cease to hold office
under the provisions of clause 12(1)(e) of
our constitution.
(c) No one is entitled to act as a charity
trustee whether on appointment or on any
re-appointment until he or she has
expressly acknowledged, in whatever way
the charity trustees decide, his or her
acceptance of the office of charity trustee.
(d) At least one of the trustees of the CIO
must be 18 years of age or over. If there is
no trustee aged at least 18 years, the
remaining trustees may only act to call a
meeting of the charity trustees, or appoint
a new charity trustee. (10:1) Every trustee
must be appointed by a resolution passed
at a properly convened meeting of the
charity
trustees.
(10:2)
In
selecting
individuals for appointment as charity
trustees, the charity trustees must have
regard to the skills, knowledge and
experience needed for the effective
Administration of the CIO.

Additional information (optional) You may choose to include further statements where relevant about:

Para 1.51 Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity’s organizational structure and any wider network with which the charity works. Para 1.51 Relationship with any related parties Other

Reference and administrative details

Charityname Overcoming Faith Outreach Ministries
Other name the charityuses N/A
Registered charitynumber 1164401
Charity’sprincipal address 5, Pontypool Walk Romford, RM3 8YD

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee(if any)
Praise Adejo Trustee
Denise Agyemang Trustee
PriestlyAdejo Trustee

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

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)

Type of Name Address
adviser

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) Praise Adejo Full name(s) Praise Adejo Position (for example Trustee Chair Secretary, Chair, etc)

Date 05/06/2022

OVERCOMING FAITH OUTREACH MINISTRIES 1164401 INTERNATIONAL Recei ts and a ments accounts p p y 01/11/19 For the period To from

31/10/20

CC16a

Section A Receipts and payments

Unrestricted Restricted Endowment Total funds Last year funds funds funds to the nearest to the nearest to the nearest £ to the nearest £ to the nearest £ £ £ A1 Receipts DONATIONS ( Offerings, tithes and pledges) 17,680 - - 17,680 19,916 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Sub total (Gross income for AR) 17,680 - - 17,680 19,916 A2 Asset and investment sales, (see table). - - - - - - - - - Sub total -

Total receipts 17,680 - - 17,680 19,916
A3 Payments
RENT
6107 - - 6,107 10,820
TRANSPORTATION
650 - - 650 3,663
WELFARE
1,329 - - 1,329 5,085
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total
8,086 - - 8,086 19,568

A4 Asset and investment purchases, (see table)

- - - -
- - - -
Sub total
- - - - -
Total payments 8,086 - - 8,086 19,568
Net of receipts/(payments) 9,594 - - 9,594 348
A5 Transfers between funds
- - - - -
A6 Cash funds last year end
1,150 - - 1,150 802
Cash funds this year end 10,744 - - 10,744 1,150
Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period
Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
Details
Cash in bank
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Details
Unrestricted
funds
to nearest £
10,744
-
-
10,744
OK
Unrestricted
funds
to nearest £
-
-
-
-
-
-
Fund to which
**asset belongs **
Restricted
funds
to nearest £
-
-
-
-
OK
Restricted
funds
to nearest £
-
-
-
-
-
-
Cost (optional)
-
-
-
-
-
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
- -
- -
- -
- -
- -

B4 Assets retained for the charity’s own use

B5 Liabilities

Signed by one or two trustees on behalf of all the trustees

Details
Details
Signature
P.Adejo
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Praise Adejo
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
P.Adejo Praise Adejo 05/06/22

B2 Other monetary assets

B3 Investment assets

B4 Assets retained for the charity’s own use

Details Unrestricted
funds
to nearest £
-
-
-
-
-
-
Restricted
funds
to nearest £
-
-
-
-
-
-
Endowment
funds
to nearest £
- - -
- - -
- - -
- - -
- - -
- - -
Fund to which
**asset belongs **
Fund to which
**asset belongs **
Cost (optional)
-
-
Cost (optional)
-
-
Current value
(optional)
- -
- -
- -
- -
- -

Details

Fund to which
**asset belongs **
Cost (optional)
-
-
-
-
-
-
-
-
-
Current value
(optional)
- -
- -
- -
- -
- -
- -
- -
- -
- -

Details

B5 Liabilities

Signed by one or two trustees on behalf of all the trustees

Details Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
When due
(optional)
-
-
-
-
-

Date of Signature Print Name approval

CCXX R4 accounts (SS)

30/03/2021

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