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2025-04-30-accounts

DIVINE ASSEMBLY MINISTRIES

TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

Charity Reg. No: 1175463

DIVINE ASSEMBLY MINISTRIES

CONTENTS
Charity Information 1
Trustees Annual Report 2-6
Independent Examiner Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to Accounts 10-12

DIVINE ASSEMBLY MINISTRIES

Charity Information

Directors/Trustees

Mrs Adefunke A Adeoye Mr Abayomi Abolarin Mr Emmanuel Adeyemi Akinyemi

Charity Registration No: 1175463

Principal Location

45 Acacia Avenue Colchester CO4 3JT

Bankers

Barclays Bank UK PLC

Accountants

Enodel UK Limited t/a iSolve Accountancy & HR 29 Main Road Romford Essex United Kingdom RM1 3DD

Page 1

DIVINE ASSEMBLY MINISTRIES

TRUSTEES' REPORT FOR THE YEAR ENDED 30 APRIL 2025

The Trustees submit their annual report and the financial statements of Divine Assembly Ministries (the church) for the year ended 30 April 2025. The Trustees confirm that the annual report and financial statements of the church comply with the requirements of the church's governing documents, Charities Act 2011 and the “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)”.

Structure, governance, and management

a. CONSTITUTION

The church was registered on 30 October 2017 as a CIO - Foundation in England and Wales with charity number 1175463.

b. METHOD OF APPOINTMENT OR ELECTION OF DIRECTORS/TRUSTEES

Trustees are elected and co-opted under the terms of the charities governing document.

c. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES

The induction process for a newly appointed member of the Trustees comprises an initial meeting with other Trustees, followed by a series of short meetings with the Chair on the powers and responsibilities of the Trustees.

d. ORGANISATIONAL STRUCTURE AND DECISION MAKING

The church is organized so that the directors/ trustees meet regularly to manage its affairs. The trustees manage the day-to-day administration of the church.

RISK MANAGEMENT

The Trustees have assessed the major risks to which the church is exposed, in particular, those related to the operations and finances of the church and are satisfied that systems are in place to mitigate our exposure to the major risks.

Objectives and Activities

a. CHARITABLE OBJECTS

A Christian organisation with the main objective of benefiting the public. A mission organisation, which is social, non-denominational, non-political, and non-governmental.

The object of the CIO is for the benefit of the public: in order to advance the Christian faith in accordance with the statement of beliefs in such ways as the trustees from time to time may think fit.

b. STRATEGIES FOR ACHIEVING OBJECTIVES

The church has adopted the following strategies for achieving the above objectives:

Frequent Christian gathering that caters for spiritual needs.

Community outreach and welfare initiatives that provides support for everyone in need, regardless of race, gender beliefs and any other factors.

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c. ACTIVITIES FOR ACHIEVING OBJECTIVES

The Charity was involved in the following public benefit efforts:

Divine Assembly Ministries (Boaz Project) continue to grow and remain relevant in meeting needs in the local community. Colchester community supermarket has now become an integral part of our work in reducing inequality and increasing access to healthy and affordable meals and essential items.

In the last year, we have trained 18 individuals as Mental Health Fist Aiders, these individuals provide very much needed initial mental health support and referral.

Community Fridge

The community fridge continues to open 3 times a week, serving 143 families weekly. As part of our opening on Wednesdays, we offer support with CV and job searches, so far this year, this service has enabled us support 14 people into employment.

Our Sunday opening is an adapted one, we serve and support those who are very vulnerable and or with mobility issues, some of these individuals we reach by regular home visit, we have carried out 96 home visit support in the last year.

We have provided in the last year 7 support with benefit reviews, 5 benefit support referrals, and 9 housing related support and referrals.

In the past year we made 2 referrals to social services for Child in Need, both families are being adequately supported by the Local Authority. Which

We continue work towards reducing food waste and hunger in our community, collection of unsold edible food totaled 36,599.0 kilograms of food from various sources, including Fareshare Go, Neighbourly, a local farm and individual donors. These provided 102,708.0 meals, which would otherwise end up in landfills. These figures are based on the Community Fridge provisions for the last 1 year.

We had 2 cooking projects for a total of 30 families, the sessions ran over 6 weeks each, focusing on reducing dietary poverty, each representative received a cooking pan from ‘’Our Place’, the other session was based on baking healthy desserts and attendees were given baking equipment at the end

We provided a total of 21 one-to-one cooking education and support

We upcycled 4 Freezers, 2 fridges and 1 washing machine, approximately 75 crates of clothes and household items. These were collected from those who did not need them anymore, made good, and passed on to those in need. All of these are in our bid to ensure that only what cannot be used end up in the landfills.

Fit and Fab, DAM Boaz Project continues working with Royal City Mission church to run a fitness group for women in and around Greenstead, this group meet, twice weekly and have supports approximately 12 women, this is free of charge to community members and has proven very popular, feedback has been very positive. Even though this project’s funding has ended, we continue to run hybrid services to ensure that support remains available to those who need it. We are now working with Colchester Borough Homes around relaunching this project

We continue to provide ‘’Period hygiene support’’ by making period items available in three different locations in and around Greenstead free of charge, for women in need. These have been funded by the local councilors in the past year through their locality budgets. 1502 free period items were given out in the past year.

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Our work around immigrant vulnerability and those with unsettled statuses, which was funded by the Essex Police Fire and Crime Commissioner’s office helped us to recruit a part time worker who has trained 50 Community Legal champions, these would be individuals from various organizations who can spot and give informed advice to people before they fall victim of these wrong practices. This project has referred 19 people for immigration advice and has trained 23 people in Modern Slavery Awareness.

Cancer Awareness Program: we were recently fortunate to have secured some funding from Essex Community Foundation, which is for raising awareness of cancer and promoting early help seeking in the African communities. We have held various awareness events for men and women from the African communities. Feedback from the sessions held have been very positive, with attendees reporting that they are paying attention to their health concerns better.

Community Supermarket

We led a consortium of local organizations and stakeholders, in collaboration with Essex County Council, to establish a community supermarket in Colchester. Our team authored and secured the successful bid for this initiative.

Currently, we are partnering with Essex County Council on the 'Bringing Affordable Supermarket to Essex' project. Now in its second year, this effort aims to reduce dependence on free food support, bridge the gap between food banks and conventional supermarkets, and introduce a sustainable and dignified model for providing food assistance to those experiencing inequality and poverty.

• We operate the Colchester Community Supermarket, which is funded and subsidized by both Essex County Council and Colchester City Council. The supermarket presently serves 600 registered households in Colchester, with registration numbers steadily increasing.

• The supermarket offers food and essential items at approximately 40% lower prices than the most affordable local supermarkets, exclusively to individuals and families residing within Colchester postcodes. We maintain strong collaborative relationships and regular referrals with organizations such as Citizens Advice Bureau, Local Energy Advice Partnership (LEAP), The Active Wellbeing, Feeding Britain, the local library, the community centre, and other local support providers to ensure comprehensive support is available to all patrons.

• Through our affordable supermarket program, we are also working with Action Against Hunger UK to promote healthy eating habits. To date, 29 referrals have been made to broader support services through this initiative.

• Additionally, Colchester Community Supermarket is engaged in ongoing discussions and planning with Colchester City Council regarding the development of a social dining project, which is currently being piloted in-store with positive results.

DAM Boaz Project remains vital in grassroot support provision and all the work we do wouldn’t have been possible if not for the support of this funding from the National Lottery. Being able to pay for our venue and staff has been a bedrock in achieving all the great things we have done.

d. GRANT MAKING POLICIES

As a registered charity, the organisation can only make grants to support activity, which is charitable in law. Organisations do not have to be registered charities to apply

Grant-making processes

Trustees aim for the organisation's grant-making processes to be transparent and to address the interests of applicants and the wishes of donors and funding partners:

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e. VOLUNTEERS

All services provided by the Charity have been carried out by volunteers. The church is grateful for the efforts of its volunteers who are involved in service provision.

Achievements and performance

a. FINANCIAL REVIEW

During the year reserves increase to £321,313 from the opening position of (2024: 207,985). The charity continues to benefit from successful fundraising initiatives throughout the year. Grant Income totaled £199,958 (2024: £177,102), increasing by 13%. Whilst donations from members produced further improvement on the previous year total at £39,510 (2023: £32,491).

Total spend grew to £126,963 (2024: £94,686) in the period. This is due to ongoing projects and community outreach programmes which took place in the year.

The healthy reserves position allows the church to be able to deliver on its future ambitions.

b. INVESTMENT POLICY AND PERFORMANCE

The Trustees have decided that at present, funds should be retained in Banks and Building Societies. The board should agree any change in such banking arrangements. As far as possible, funds will be retained in interest bearing accounts.

c. RESERVES POLICY

The trustees would like to work towards a situation whereby the charity could maintain unrestricted funds at a level, which equates to approximately three months of unrestricted expenditure.

d. PRINCIPAL FUNDING

This is provided mainly through voluntary giving of tithes and offerings by the church members and through grant income, which funds the specific project works of the church.

d. FUTURE DEVELOPMENTS

We aim to continue to provide the very much needed support that we currently provide, by continuing to apply for funding that we meet the criteria for.

Our current venue is significantly smaller than what we need for our operations, with only approximately one year tenancy. We would actively be searching for a new and larger space to enable us to continue our activities comfortably.

We would also be working hard towards ensuring that the Colchester Community Supermarket remains sustainable, even beyond the life of the initial funding, so that the over 400 families we serve continues to have access to subsidised food and essential items.

Page 5

Trustees' Responsibilities in Relation to the Financial Statements

The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and regulations.

The Charities Act requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing these financial statements, the trustees are required to:

a) Select suitable accounting policies and apply them consistently;

b) Make judgments and estimates that are reasonable and prudent;

c) State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements. d) Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The Trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking any reasonable steps for the prevention and detection of fraud and other irregularities.

Approval

This report was approved by the Board of Trustees and signed on their behalf by:

Signature: Akinyemi

Name: Emmanuel Adeyemi Akinyemi

Date: 25 January 2026

Page 6

DIVINE ASSEMBLY MINISTRIES

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DIVINE ASSEMBLY MINISTRIES

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2025, which are set out on pages 11 to 15.

RESPONSIBILITIES AND BASIS OF REPORT

As the charity’s trustees of the Company (who are also the directors of the 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 EXAMINER'S STATEMENT

I have completed my examination and can confirm that no material matters have come to my attention, which gives me cause to believe that:

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.

Olusiji Odeleye Director

Enodel UK Ltd t/a i-solve Accounting & HR 29 Main Road Romford Essex RM1 3DD

Date: 25 January 2026

Page 7

DIVINE ASSEMBLY MINISTRIES

Statement of Financial Activities for the year ended 30 April 2025

2025 2024
Notes Unrestricted Restricted Total Total
£ £ £ £
Incoming Resources
Incoming resources from generated funds:
Voluntary income: donations 2 62,511 177,780 240,291 215,732
Total Incoming Resources 62,511
 177,780 240,291 215,732
Resources Expended
Charitable activities 3 44,013 81,950 125,963 93,132
Governance costs: 4 1,000 - 1,000 1,554
Total Resources Expended 5 45,013
 81,950 126,963 94,686
Net Incoming/(Outgoing) Resources for the year 17,498
 95,830 113,328 121,046
Total funds at 1 May 2024 163,485 44,500 207,985 86,939
Transfer between funds - - - -
Total Funds as at 30 April 2025 180,983
 140,330 321,313 207,985

Page 8

DIVINE ASSEMBLY MINISTRIES

Balanace Sheet as at 30 April 2025

Notes
FIXED ASSETS
Tangible Fixed Assets
6
CURRENT ASSETS
Cash in Hand/ Bank
304,704
304,704
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
ACCUMULATED FUNDS
Restricted
7
Unrestricted
7
TOTAL FUNDS
8		 Notes
FIXED ASSETS
Tangible Fixed Assets
6
CURRENT ASSETS
Cash in Hand/ Bank
304,704
304,704
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
ACCUMULATED FUNDS
Restricted
7
Unrestricted
7
TOTAL FUNDS
8		 2025
£
16,609
16,609
304,704
321,313
321,313
140,330
180,983
321,313		 199,071 2024
£
8,914
8,914
199,071
304,704 199,071
207,985
207,985
44,500
163,485
207,985

a) For the year ending 30 April 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

b) The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

c) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved by the Trustees and Signed on their behalf by:

Signature:

Akinyemi

Name: Emmanuel Adeyemi Akinyemi

Date: 25 January 2026

Page 9

DIVINE ASSEMBLY MINISTRIES

Notes to the financial statements for the period ended 30 April 2025

ACCOUNTING POLICIES

1.1 Basis of preparation of financial statements

The accounts have been prepared in accordance with Financial Reporting Standard 102 (FRS 102), The Financial Reporting Standard applicable in the UK and Republic of Ireland. The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP), for charities issued in July 2019 and applicable accounting standards.

1.2 Fund Accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Church and which have not been designated for other purposes.

Restricted funds are funds, which are to be used in accordance with specific restrictions imposed by donors, which have been raised by the Church for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

1.3 Incoming Resources

These are recognised in full in the Statement of Financial Activities in the period in which they are received. Included are income from tithes, offerings, grants, gift aid and interest received during the year from investments and accounted for as restricted or unrestricted-funds.

1.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

(i) Charitable activities

This comprises all costs incurred by the charity in the delivery of its activities and services for its beneficiaries.

(ii) Governance costs

This comprises all costs incurred by the charity in support of the service delivery.

Tangible fixed assets and depreciation

Tangible fixed assets are stated at at deemed cost less depreciation, the capitalisation limit is £200.

Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Motor vehicles at 20% reducing balance

Project land acquired is not depreciated

1.5 Debtors

Trade and other debtors are recognised at the settlement amount due.

1.6 Cash at Bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.7 Creditors & Provisions

"Creditors and provisions are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due."

Page 10

DIVINE ASSEMBLY MINISTRIES

Notes to the financial statements for the period ended 30 April 2025 Cont.

2. VOLUNTARY INCOME: Donations and legacies

Unrestricted
funds
£
Tithes & Offering
39,510
Grant Income
22,178
Gift Aid
823
Total
62,511
3. CHARITABLE ACTIVITIES - (Direct charitable expenditure)
Unrestricted
funds
£
Salaries & Wages
-
Light and heat
4,115
Rent & Rates
5,967
Repairs, Renewals and Maintenance
4,784
Advertising and Promotions
45
Bank charges
432
Depreciation
3,305
Project Delivery Cost
-
Hospitality
4,750
Insurance
2,618
Volunteer Expenses
334
Travelling & Hotel Expenses
2,296
Donation- Other Charities
3,876
Administrative and Office expenses
1,433
Sundry Expenses
87
Welfare & Outreach
9,971
44,013
4. GOVERNACE COST
Unrestricted
funds
£
Accountancy Fees
1,000
Total
1,000
5. RESOURCES EXPENDED
Unrestricted
funds
£
Charitable Activities
44,013
Governance Cost
1,000
45,013		 Restricted
funds
£
-
177,780
-
177,780
Restricted
funds
£
41,761
-
-
-
-
-
-
-
1,744
-
4,479
-
-
-
-
33,966
81,950
Restricted
funds
£
-
-
Restricted
funds
£
81,950
-
81,950		 Total 2025
£
39,510
199,958
823
240,291
Total 2025
£
41,761
4,115
5,967
4,784
45
432
3,305
-
6,494
2,618
4,813
2,296
3,876
1,433
87
43,937
125,963
Total 2025
£
1,000
1,000
Total 2025
£
125,963
1,000
126,963		 Total
2024
£
32,491
177,102
6,139
215,732
Total
2024
£
25,691
739
4,315
8129
168
-
1,105
17,711
-
2,451
-
2,824
950
759
74
28,216
93,132
Total
2024
£
1,554
1,554
Total
2024
£
93,132
1,554
94,686

Page 11

DIVINE ASSEMBLY MINISTRIES

Notes to the financial statements for the period ended 30 April 2025 Cont.

6. TANGIBLE FIXED ASSETS

Cost
At 1 May 2024
Additions
At 30 April 2025
Depreciation
At 1 May 2024
Charge for the year
At 30 April 2025
Net book value
At 1 May 2024
At 30 April 2025
7. NET MOVEMENT IN FUNDS FOR THE YEAR
At 1 May 2024
Surplus/(Deficit) for the year
Transfer between funds
At 30 April 2025		 Motor
Vehicle
£
5,525
11,000
16,525
1,105
4,410
5,515
3,315
11,010
Unrestricted
funds
£
163,485
17,498
-
180,983		 Land and
Building
£
5,599
-
5,599
-
-
-
5,599
5,599
Restricted
funds
£
44,500
95,830
-
140,330		 Total
11,124
11,000
22,124
1,105
4,410
5,515
8,914
16,609
Total
2025
£
207,985
113,328
-
321,313		 Total
2024
£
86,939
121,046
-
207,985

8. TOTAL FUNDS

Restricted funds are grants and donations received or receivable for the objects of the charity without restrictions as to purpose but are available as general funds.

Unrestricted funds are used for the purpose as specified by the donor. Expenditure that meets these criteria is identified to the fund.

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