Trustees’ Annual Report for the period
From 06 Apr 2020 To 5 April 2021
Charity name: House of Favour International Church (Wolverhampton Restoration Centre)
Charity registration number: 1171413
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To advance the Christian faith and relief poverty of the general public by providing goods to those in need which they could not otherwise afford through lack of means. goods like food, accommodation, financial support and counselling. |
| 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 |
Organizing parties for the children and homeless. Foodbanks. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | I can confirm that the trustees have had regard to the guidance issued by the charity commission on public benefit |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference N/A Para 1.38 Policy on grant making N/A Para 1.38 Policy on social investment including program related investment N/A Para 1.38 Contribution made by volunteers
Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| 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 | The charity has been able to provide financial support to those in serious need. have helped in providing food, accommodation and counselling for most people on the street who are fighting with depression and out of job. the charity organises CHARITY DAY once every month where clothes, shoes, household stuff, toys and lots more are given freely to the general public to help reduce poverty. Christmas parties are organised yearly which is open to the general public. The charity has been able to build confidence in those that were depressed, neglected, thereby helping them to start a new life with hope for a better tomorrow. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The income for the church has been boosted by grant |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | |
| Amount of reserves held | Para 1.22 | |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| 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 |
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 | Offering, tithe, voluntary contribution |
| 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 | None |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
Whose only voting members are its charity trustees. |
|
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | CIO dated 1st February 2013 |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Constitution of a charitable organisation. House of favour international church(Restoration centre). |
| 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 | Method of selection include regard to the skills, knowledge and experience needed for effective administration of CIO. Persons who can appoint one or more trustees are: Lucky Moses Otagho, Maris aghedo and joy Imafidon. |
Additional information (optional) You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other
Reference and Administrative details
| Charity name | House of favour international church(Restoration centre) |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1171413 |
| Charity’s principal address | 28 wood street Wolverhampton Wv109ds |
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 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Lucky Moses otagho |
Pastor | |||
| Maris Aghedo | Secretary/deacones s |
|||
| JoyImafidon | deaconess | |||
– Corporate trustees names of the directors at the date the report was approved
Director name NONE
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| NONE | ||
Funds held as custodian trustees on behalf of others
Description of the assets None held in this capacity Name and objects of the None charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for None 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 trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
| Lucky Moses Otagho | Maris Aghedo | |
Pastor (Chair) |
Secretary/deaconess | |
| 19/04/2021 | ||
| 19/04/2021 |
- I CHARITY COMMISSION, IOR INGLAP4D AND YIII(S WolNwhryi¢Jn C•fitr•l Recei ts and ments accounts CC16a For th• pwlod To Section A Receipts and payments Unresirlct lund• Rostrlct•d Endowm•DI lund5 Total lund• A1 Rernl rth• Vty* J2.•7• ARI 81A16 1312 115 Wa Trw $1 1.146 Re 11100 11E(IJ 631 12Q 45542 120 sub 45,542 20,232 15.87 15.874 AS Tr•% b•tw••n lunds C•sh lurnls tNs •nd 24,ITT CCXX Rl Issi
Section B SiatÈment ol assets and IiabllltlQ8 at Iho •nd ol tho Pofiod Pd•w•¥ i 81 C••h lund• J4.In TO c•sh 21.177 lund• Oet8¥ls Details urlr0j charlS u Oetalls BS Liabilitl PMI Name Dale ¢Jl eS£S CCXX R2 acLrt ISSI
CHARITY COMMISSION FOR ENGLAND ANO WALES Trustees, Annual Report for the perlod From 06 Apr 2020 S Aprll 2021 Charity name: House ol Favour Internatlonal Church (Wolvorhampton Restoration Centre) Charily registration numb•i: 1171413 Objectives and Activities SORP r01%• P¥i.17 Summary ot Ihe purposes ol the charity as sel out its 90veming (k)cument To advanco Christian laiih and rolief poverty ol the general public by providing goods to those in need wh•ch they could not otherwise afford through lack ol mean5. goods Ilke food, accommodaion, linancial support and counsellin Organizing parties for the ¢hildren and homebe5s. Foodbanks. Summary of the main activities in relation lo those purposes for the public benehi, in partiajkr, Ihe activities. projects or serVIS idenlifd in the accounts. Siaiemenl confirming whether the trustees have had regard io the guidance issued by the Charity commissi on wblic benefFI Pwa l 17aNJ P¥a 1.18 I can confirm that ihe trustees have had regard to the guidance issued by the charity commission on public benetit Addltlonal Inlormation (optional) You ma thcose lo Include hjrther statenis where reVaTrt abcwl: SORP releren(* WA Policy on grant nMking PJrni.3 WA Policy on sooal inVestrynI including program reLgted investm8ni Para 1 38 NIA contributi nwe by volunieers Parn 1.38
Achlevements and Performanc• Th• ¢h•rlly h•• b••n io pi(r4ld• Iln•ncl•l Bvpport lo ihos• In wilovs n••d. h•v• h•lp•d In proykllng lood. •¢¢ornm¢)d•llon ond counmlllng lor mosl wopl• on th• •lr••i who •r• flohlln9 wlth d•pr•$slon and ol . th• charlty organi8•8 CHARffY DA Y onc• •very month wh•r• cloth•s, sho•s, hou$ohold stuff. toys and lots mor• ar• given Irgely to ihe pn•ial public io Mp reduce povorty. Christmas parti•$ •f• Ofganised yearly which Is open to th• general public. Tho charlty has tA•n able to build ¢onlidon¢e in those that were depressed, neglected. therety helping them to start a now lile wlth hope for a better tomorrthv. Summary d Ihe ma#i athtvWTts d the ¢8rity. Myentyng the dfft¢ien( tt ttnty'S th has me to the oramstancs ol tnefii?JS and any w#Jw benefits tt) scwty as a P¥• IXI Addrtional inforn)ation (optional) You ma thcose to indude further staknnts Wre rebevanl abwt Adernts againsi PerfomwKe ol fundrai%ng aLvits aganst d)Jectsves sel P•a 1.41 Investment performance again ctpthes
Financlal Review Refftw of the tharlty's linanaal poglion 81 the errfj ol the Staiemeni explaining Ihe poly for hokjing Tèsèms stalin are held Amount ol feserves hekj Reasons lor holding zero reserves Details ol luTrJ materbally kn dehcii Explanathon ol any unrtain5 atr1 thanty conb"nuing as a Pw•121 Th• Incom lor th• church ha• b••n boosied by grani r•l.22 Pw122 Pi12Z 1.24 P4rn123 Addltional Information (optlonal) cose include further slaterrents where relevanl aboul.. Offering. tithe. voluntary contribution The charity's pmapal SoUrS ol funds linthding any lundrai>ngl P•a 1.47 None Inveslmeni policy and objeIveS includng any Socbal inveslmenl policy aijopied P*tt46 None A descriptson ol the principal risks lacing ihe charity Pw9146 Oiher
Structure, Governance and Managemeni DesrJty)Ilon ol ch8rfty'1 Irusis.. TY ol govamlng th)cumoni who only vollng m•mbgr• •r• Ill chnrlt IfU•IOg8. CIO dat•d 1" F•bru•ry 2013 ow Is lh8 th8rlty Lx)nstriutod7 Pwi 1.2 Con•tltutlon ol • charliabl• orgnnljatlon. House of lavour Intornatlonal ¢huTc Rosiofailon contro M•ihod of 801•¢tlon Includo regard to Ihe skllls. knowledgo and exwrlonco needgd lor efleciive admlnlslratlon of cio. Persons who ¢an appolnt orn or mor• Irustoos are.. Lucky Moses Oiagho, Marls a hgdo and Imalldon. Trusi8e solfrction melh¢)ds Including dètails ol any LY)nstiiulional proVi%S 8.g. 618cn to posi or n8me ol any person or body enlilbd lo appoint one or mc¥e Irusiees Additional Inlormatlon (opilonal) You ma ch(e lo include lunher slalemènls wherè relevant about.. Polictes arn1 procethres adopted lor thé induclion and training ol Iruslees P• 1.51 The thanty's organisalj'onal structure and any w¥Jer neN4r)rk with whith the charity works P*•151 RelalKShp with any related Pw• 1.57 Other Reference and Administrative details Cha name Oihef name the tha uses Re istered than number Chanty's wncpal address House of favour inlernalional thurch Restoratw cenire 1171413 28 Slreel WolvethamptJ Wv109Ys
N•rThn rf th• eh•r*y who fft•n•g• ih• ¢lwMy OlnE• fft •nyl Moses PASI Oia Ktsri5 )y Im•f io 12 13 14 15 16 17 18 19 ie trustees- names ol the directors at the date the r hlONE Naffe n9 irtle lo prcpety bekngng lo Ihe tharity N0fr4E
Funds held as custodian trustees on behalf ol others DeSCflPti¢M ol the assets held In this capaoty No Narne and obpcts ol the charity on whose behall ihe assets are hekd and how Ihis falls within Ihe CUSlryJian chanty's obj'ects Deiails ol arrangery*nts lor safe custcKly and segregation of svth assets from the chanty's I)1) assets No No Additional inlomiation (optionall Names and addr•sses ol advisers Ioptlonal inlofmatlon) Type of Name Address adviser Name of chief executive or names ol Sen1 stsff members (Optional information) Exemptions from disclosure Reason for non-disck)sure of ke rsonnel detals Other o tional information
Declaratlons Th• tru•1 dKl•f• tt t¥ h•Y• •pprov•d ih• in*l•••' rnport •bryrt. Slgn•d on b•h•ll ol lh• ch•rlty'• InMIw• Slgn•tur•(s) Mafis Full n•rMl•) Positlon (e9 Secrntary. Chaii. •tc) Lvcky Nk>ses Ota Pastoi Ichavl D•t• 1W2021
CHARITY COMMISSION FOR ENGLAND AND WALES Independent exallner's report on the accounts INDEPEIYDENT EL4MINATION REPORT TO THE TRUSTEES OF HOUSE OF FAVOUR INTERNATIONAL CHURCH, WOLVERAMFfHON. UK OIY THE ACCOUNTS FOR THE YEAR ENDED 4TH APRIL 2021 I]YTRODUCTION I report to the trustees on my examlnation of the accounts of the above charity l-the Trust-l for the year ended 4th Aprll 2021. Responslbllltles and basls of report As the charAty's trustees, you responslble for the preparation of the accounts in accordance wlth the requtrements of the Charlties Act 20 11 ("the Act-l and the Charlty's Constitution. I report in respect of my examinatlon of the Trust's accounts carrled out under sectlon 145 of the 2011 Act and In canying out my examination, I have followed all the appllcable Directlons given by the Charity Commission under CC32 of 2008. Independent ezamlner's statement The charlty's gross income was less than £250,000 and I am quallfied to undertake the examlnatlon belng that I have the requtred training, knowledge, and skills In accounts to out Independent Examlnatlon. I have completed my examlnation and details are hereln presented as follows:
METHODOLOGY The approach adopted in this review was a sample-based examination of accounts using the block selection technique. Although the block selection technique is not commonly used in modern auditing/accounts examination, I opted for it given the bookkeeping circumstances of the Charity. The Bank Account had multiple transactions some of which were not for Charity activities nor purpose. I therefore chose to examine accounts only from the Grant remittance advances from Wolverhampton City Council and Good to Return from 1st April 2020 to 31st March 202 1. RESULTS OR FINDINGS The accounting records were kept in accordance with Section 130 of the Charities Act, although inappropriate filing system was noted. All the records required for the smooth independent examination like the relevant source documents, bank statements, and Minutes of the Trustees, meetings were produced on demand and reviewed. Implication The Charity was at a risk of losing vital accounting information due to inappropriate filing system. The Charity was advised to improve on the filing system. b. The Charity complied with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 and UK Rules on how charities work in the UK. All the Trustees were involved in the preparation and approval of the accounts as evidenced from the mknutes of the Trustees, meetings. Implication The Charity was doing well as far as compliance with the Charity Commission's Guidance on preparation and reporting of Charity's Accounts.
c. The Charity was supporting vulnerable church members and the community with food bank items which was in line with the Church's mission, thus as per their mission statement as stated in the Charity's Constitution. Evidence on whether the COVID- 19 grant conditions cover such purposes was not provided. Implication This was another area of compliance with the Legal Frameworks regulating the financial accounting procedures in place. However, following are worth noting: The bank statement had multiple transactions which was hard to distinguish between grant-related transactions and non-grant related transactions hence the choice of the block selection sample-based examination Most of the transactions were made on cash-basis and cash liquidation Good to Give was revealed as a fundraising agent. The review revealed that Gift Aid income amounting to £627.25 was unaccounted for. Only acknowledgement slips for Council TaJE from the City Council were seen but the bank slips were missing. The Trustees Subcommittees were not yet in place. The Trustees were advised to put them in place as soon as posskble. The Charity seemed to be overstretched with the vulnerable people to help which was cajling for amendment of the Charity's Constitution so as to accommodate other activities. The Trustees were advised to follow the guidance issued by the Charity Commission so as to go about the amendment process. APPRAISAL REPORTS No appraisal reports were available. This is possibly due to lack of a Church Administrator. Although evidence of payment of salaries and wages through bank into the beneficiaries, accounts was seen, no evidence on formal employment strucLures and payroll were seen. RECOMMENDATIONS
Grants must use a separate account for proper flow of the transactions Must access a bookkeeping service to facilitate proper accounting record keeping. The trustees must consider employing a part-time Bookkeeper to be updating accounting records at least twice in a month. The trustees must review the internal controls regularly and if possible, engage independent reviews at least mid-year (after 6 months) to assess their progress in strengthening internal controls. The person who raises the money requisition should not be same person who authorise and approve a transaction to promote transparency and strengthening the internal controls. The church must consider employing a Church Administrator to help the Pastor in finance and adTninistrative functions. This will ensure the Charity's proper rling system/ record keeping, staff appraisal, and payroll management among others The trustees should atways co-opt a minute secretary to record the trustees, meetings (preferably the Church Administrator if so appointed) other than the Secretary to the trustees whose concentration and participation during the meetings is vital since she is one of the three131 Trustees. CONCLUSION Urgency of proper filing system is paramount and proper payment system (requisition, payment voucher, authorisation/approvall is required. Except for the few minor concerns raised above, the accounts are true representation of the charity's affairs. Therefore, I don't have any serious concerns and other matters I have come across in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached. Sxgned: .......... . Name: CHARLES ISABIRYE Date: 0810212022