OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-10-31-accounts

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

From: Period start date: 01/11/2021 To: Period end date 31/10/22

Charity name: Overcoming Faith Outreach Ministries International 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. Face
to face services have been re-started on
Sundays.
However, we have continued to retain
the online services during the week.
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
on
church
decisions 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 and youth retreat which is developing further. Our December 2021 Levites Gospel Conference which featured songs, gospel messages and seminars on spiritual empowerment was well received by the public as a way engaging the community in the things of God and supporting people in their spiritual journey.

Additional information (optional)

ditional information (optional) ditional information (optional) ditional information (optional)
Youmay choose toincludefurtherstatementswhererelevant about:
~~SORP~~
reference
Policy on grant making Para 1.38
Policy on social
investment including
program related
investment
Para 1.38
Contribution made
by volunteers
Para 1.38
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 This year has been a year of great
achievements but also challenging
due to the pandemic and personal
loss in our church community.
We lost our
senior
pastor
(Pastor
Friday Adejo on 02/09/2021) after a brief
period
of illness.
Despite
this,
God has remained
faithful to his course in our hands.
We have had several new
visits,
with
the
online
services
continuing to prove very popular
as people from various countries
can join.
As a charity, our international service that
celebrates
the
diversity
of
our
community
and
the
membership
has
continued
to
attract
new
visitors;
the
event
was
hugely
successful.
Activities involved prayers, Worship/
praise through songs, recitations and
poetry from a very diverse milieu of social
geographyiscal
songs, recitations, and poetry from
a v e r y d i v e r s e milieu of social,
Geographical and ethnic
backgrounds. The event created a
rich
atmosphere
for
spiritual,
cultural and social exchange which
all that attended enjoyed.

As the pandemic eased and we became accustomed to the new normal, our key focus has been to provide emotional, spiritual, psychological and practical support to our members and the wider public as we continued to grapple with the challenges brought about by the pandemic.

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, 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.

Like in previous years (pre- pandemic), the church held a community barbecue in first week of August 2021. We continued to create an opportunity for dialogue, refreshment and understanding with people from the local community through our online services and our face-to-face Sunday services. We continue to be financially, spiritually supportive of members in need including where there has been bereavement or unemployement.

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements
against objectives
set
Para 1.41 We have instituted a youth fellowship
which runs every so often at least once
every quarter. The aim is to grow the faith
in the younger generation and engage
them in being responsible members of
society as they grow.
Performance
of
fundraising
activities
against objectives set
Para 1.41
Investment
performance against
objectives
Para 1.41
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 £7606 of which £2248 was the
expenditure
on
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 £500 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~~
20289
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 since
the pandemic, 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:

The charity’s principal
sources of funds
(including any
fundraising)
Para 1.47 Free will offerings and other free will
giving.
Investment policy and
objectives including
any social investment
policy adopted
Para 1.46 None.
A description of the
principal risks facing the
charity
Para 1.46
Other

Structure, governance and management

Description of charity’s
trusts:
Type of governing ~~Para 1.25~~ Trust deed
document: for example,
trust deed, memorandum
and articles of
association etc
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.
(e)(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:

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

Relationship with any Para 1.51 related parties Other

Reference and administrative details

Charity name Overcoming Faith Outreach Ministries International Other name the charity N/A uses Registered charity number 1164401 Charity’s principal 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 (ifany)
Praise Adejo Trustee
Denise Agyemang Trustee
Priestly Adejo 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
advis
er

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 PAdejo NamePraise Adejo

31/08/2023 Date

Overcoming Faith Outreach Ministries
International (OFOMI)
Overcoming Faith Outreach Ministries
International (OFOMI)
Overcoming Faith Outreach Ministries
International (OFOMI)
Overcoming Faith Outreach Ministries
International (OFOMI)
Overcoming Faith Outreach Ministries
International (OFOMI)
No (if any) No (if any) CC16a
Receipts and payments accounts
For the period
from
Period start
date
To Period end
date
01/11/21 31/10/22
Section A Receipts and payments
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds Last year
to the
nearest £
to the
nearest £
to the
nearest £
to the
nearest £
to the
nearest £
A1 Receipts
Donations (Offerings, Tithe
and Pledges)
7,606 - - 7,606 15,874
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total(Gross income for
AR)
7,606 - - 7,606 15,874
A2 Asset and investment
**sales, (see table). **
- - - -
- - - - -
Sub total - - - - -
Total receipts 7,606 - - 7,606 15,874
A3 Payments
RENT 5,460 - - 5,460 3,150
TRANSPORTATION - - - - -
WELFARE 2,248 - - 2,248 542
OUTREACH PROGRAMMES 1,615 - - 1,615 -
TELECOMMUNICATION
(PHONE AND ZOOM)
653 - - 653 -
BANNERS AND FLYERS 267 - - 267 -
- - - - -
- - - - -
- - - - -
Sub total 10,243 - - 10,243 3,692
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total - - - - -
Total payments 10,243 - - 10,243 3,692
Net of receipts/(payments) -
2,637
- - -
2,637
12,182
A5 Transfers between funds - - - - -
A6 Cash funds last year end 22,926 - - 22,926 10,744
Cash funds this year end 20,289 - - 20,289 22,926
Section B Statement of assets and liabilities at the end of the period
Categories Details Unrestricted
funds
Restricted
funds
Endowment
funds
to nearest £ to nearest £ to nearest £
B1 Cash funds Cash at Bank 20,289 - -
- - -
- - -
Total cash funds 20,289 - -
(agree balances with receipts
and payments account(s))
OK OK OK
Unrestricted
funds
Restricted
funds
Endowment
funds
Details to nearest £ to nearest £ to nearest £
B2 Other monetary assets - - -
- - -
- - -
- - -
- - -
- - -
Details Fund to
which asset
belongs
Cost
(optional)
Current
value
(optional)
B3 Investment assets - -
- -
- -
- -
- -
Details Fund to
which asset
belongs
Cost
(optional)
Current
value
(optional)
B4 Assets retained for the
charity’s own use
- -
- -
- -
- -
- -
- -
- -
- -
- -
Details Fund to
which
liability
relates
Amount due
(optional)
When due
(optional)
B5 Liabilities -
-
-
-
-
Signed by one or two trustees
on behalfof allthe trustees
Signature Print Name Date of
**approval **
Praise Adejo 31/08/2023