Registered Charity No- 1176302 VICTORY OUTREACH LONDON CITY CHURCH Trustees, Repoi"t and Accounts th For the Year Ended 5 April 2024 CONTENTS PAGE Legal and Administt'ative Details Tiustees, Repoi't Independent Examinei's, Repoit Statement of Fiiiancial Activities Balance Slieet io Notes to the Accounts li REFERENCE AND ADMINISTRATtI'E DET.41LS OF THE CHARITI". ITS TRUSTEES AND ADN'ISERS FOR THE I'E.4R ENDED 5" APRIL 2024 Tru5tets Miltoii Charlc5 Matthews Wailon Weeke4 Vicioria Lloyd Charlty reRSstered Number 176302 Date of Chttrltttble ReRlsiratlon 15 December 2017 Prlnclpal offiee Victory OUt￿a¢h West London 61 Brid¥L. st￿¢¢ Kington HR5 3DJ Independent exAmlners Accounting Assist Lid Clo Good lo Give Lid B#nker5 Natwesl Bank PIC TRUSTEE.Sl Rf.PORT FOR THL YLI AR LINDED 5" APRtL 2024 The Boai'd of T1￿￿tee4, who al'e the trustees foi. chai'ily law i)urposes,.qubinit thcii. anniial i'eport ai)d tl)e fiiiai)cial slat¢iiieiils of Victoiy Outlfdch l.ondon City Chui'eli toi. tlie ye&ir ciided 51h Ai)I'il 2024. Tl)e Board of Truslces coi)fErms 111lc t tlie aniiual report aiid financial stateiMei)l.% of thc Cl)81'ity coi))ply witli currcnl stalutoi'y i'equii'eEncnts, the i'cquiieiiicntg of tlie Cliaijly's govei'ning docuineiit and t])e piovisioi?s of Élle Statcmeiit ot Recoininencled Pi'actice {SORP) 'A¢counting aiid Repoi'lii)g by Chai'i(i¢s Ircvised 2005). Sti'lleture> govei'nance and management The 3 Ti'ustees Are: Miltoii Charlcs Matd)ews Wailon Wecks Victoi'ia Lloyd Tl)c Truslccs who I￿ve seived during t]ie yeai. al'e set out on page 3 and Ineet on a iegular basis. 'rhe Trustees pltty a i)rimaiy role in ensui'ing good governance and flinclioning of tlie ¢hai'ity. The Boai'd's role, functions aiid I'csponsibilities are quite clearly defined. The trustees l)ave ultimate coiitrol avcj. all tl)e at'faii's oftlie ¢lidl'ity. The Cliarity cui'rciitly has a sti'oiig teain of Advisory Boai'd fftneinbei's iii tl)e UK who l)avc l)elped to sccure fEllancial suppoi't and eoiili'ibute to the futUlE plaiining of tl)e organisation. Governing Doellnient: Victoiy Outi'each Londoii City Chiii¢h is chai'itable iiicoi"poraled oiLJanisation, I'egisteied on 15 De¢cinbei' 2017. Tlie charity's govei'ning docuin¢nl was amendcd on 28 Oetob¢i' 2019. Reci-uitment and appolntment nf Trustee's The ineiMbe13 of the Cjeneral Tmst¢e Boai'd are ti'ustees foi. Ili¢ purposes of charity law. New tl'USte&4 Inay be appointed by r¢solution of a Incetiiig of the U'ustees. Mucli of ihe eharily's work foLuses upon the promotion of the Cliristian faitli, the pi'evenlioii ui. IElief of povei'ty, edueation ai)d ti?ining. The BoAI'd of Triistees ￿eekS lo ensur¢ that the needs of thiq gi-oup aiE ai)pi"oi)I'iately I"eflected tlii'ough the diversity of tl)e livslce body. The chai'ily souglit tn ideiitify those ivlio would be williiig ￿ become li'ustccs of tli¢ ¢hai'ity and use theii. own expei'ience to assist the charity. Risk Management: We are ¢ominitted to a policy of id¢ntifying, Inonitoi'ing and inanagii)g the risk.s that might advei'scly affect tlic activities in wliicl) we al'e involv¢d. Jn this ¢01)lext, i'isk is dcfiiied as tl)¢ potenlial to fail achicvc cliai'ity objectives and foi. loss, fInaiicial and reputational, inhcrcnt in the enviionment in wl)i¢h we operate in tl)e natuie of the tt'ansaclions uiidei'taken. The principlc i'isk of Ilie chg1.ity lias beeii ils depen(lence on voluiitaiy ii)com¢. Ti'LlStees liave initiated vai'ioLI5 pi'ocesses to ii)iligTale such rislc. so that tl)e charity lia.8 sufficient i'es¢Jve in the evei)t of advei'se coiidition(s). Th¢ T2USte¢s liavc also examined othei. operatlolldl aiid busii)ess risl(.g wl)i¢h tliey face and confirm that they l)ave tskeii stcps lo iniliLJate si&Tiiificant risks that inay arise (wherc 'I'RUS'fLI .S' IILI'OR'I, FOR TIIE YEAR ENDII D 5111 APIUL 2024 Publ1¢ Benefit: The Ti'uslccs l)ave coniplicd with tl)c diity in Section 4 of tlie Charities Aci 2006 aiid l)ave paid due i'egai'd to publi¢ benefil wlicn prepai'iiig this i'epori. Tlic bci)efit pi'ovidcd to the i)Iiblic is coiisislcnt witl) the aiiiis of ihc chai'ity li) UK. Objectives aiid activlties: Tl)e pi'incipal piirpose of the Cliui'cli is tlie advai)cem¢nt of the Chi'i8tiaii faith in ae¢ordance wiih the stattment of bclicfs. Othei. obje¢ts' of the Chuirh al'e.. l. tlie relief of sickiiebs and the piese*vation and protection of good health f()r the public benefit, by thc pi'ovision of l)ealili i'elated workshops ofl¢i'iiiLJ advice and guidaiicc in respect of a iiuiiiber of iiiedical coi)ditions. 2. thc I'clief of finan¢ial hardsliip aiiioi)g tlie gcneral public by providiiig any such pe130ns wilh goods thihicli tiiey could not othcnvise affoi'd Ilii'ouLSh lack of ineans. In i'eviewing the obje¢lives and planiiiiig tlJe activities, thc Tivstees liavc given ¢ai'eful consideration to thc Charity Comniission's genei'al guidai)ce 011 public benefit aiid, in paiticulai., to its suppleillentoi'y public bcnefit guidanee on advancing the objectiiics as set out above. The Ti'u5tee8 considei. tlie cui'i'ent activitics as detailcd iii this i'eporl dclivcr i)ublic benefit. Grant MAking Polleles: Tlie chuirh pi'ovides sUPPOrt to inemb¢i3 of the congregation (at the disci'etion of die leadership team) who are in ii¢ed. Acliievements and performanee: Victoiy Homes London.. Transfoiining Lives tlhrougli Compassional¢ Suppoii and Cliristian Values. Victoi'y Hoiijes London is pi'oud to announce the commenceinent of its inaugural supported accommodation home in Gravesend in Octobei. 2022, welcoming individuals wlio Iiave faced the cliallenges of di'ug aiid alcohol addiction. Oui. organizalion is coiniiiilted to pioviding a nui'tui'ing and i'esidential Chi-i8tian envii-onmenl foi. Inen, Including those dealing with issue8 i-elated to liomeles8ness and addiction. Our fundamental ethos i'evolves around Ilie belief tjial every individiial, I'egai'dlegq of theii. PkLqt sti'uggles, desei'ves an oppoitunily for iestoiation within their families aiid comiiiiiiiitics, reeogni7.iiig ¥ greatei. pwpoqe foi. tlieii lives. Sui)i)orted Accommodation with Pui'pose Our ncwly establislicd hoine in Gravesend. opci"ational since Septembei. 2022, cuii'ently offers 5 bcd bpaces. Tliis ¢oiniiiullity residencc sci'ves as a hav¢n whei'e Inen cJn ieceive coinprel)ensive siippoit and eiigage in lailoi'ed prograii)s designed to pi'cpare theiii for iiiorc indei)endcnt liviiig. Oui. liolistic suppoi't plan, a coi)dition of tl)eii' lieeiise agreeineiil, cncoinpasscs a l'ange of c1￿claI compoiienls.. 'I'RUSTEES' REPORT roR TJIE YEAR ENDED 5" APRIL 2024 l. Rclatioiisliii) Buildiiig Sl with confidei)ce. 3. Blldgeling Skillq: Fiiiancial literacy i.81)ioinoted to iiistil reSpo1￿1b]e budgetii)g habits and fii)8n¢ial managciJ)ent. 4. Mcnlal Healti) Support.. Our team is dedieated to pi'ovidiiig tl)c neccssaiy assist#iic¢ foi. i'esidents lo implove tl)eii' nicnlal health and wcll-being. 5. EiJ)ploymcnt Pi'epai'alioii.. We assist iesidents in a¢quiring tlie skills r¢quircd for entei'ing oi. re-cnteling th¢ worktorce, promoting self-sufficicncy and independciice. 6. Teain building: Tlie iy)en in Éhc liome Cliristiai) Etl)os with Ii)clusivily Victory Hoilles is a Cliii%t142n organization, and oiir work is guided by Clii'istiaii pi'inciples. Howevei., it is important to nutc that IlThilc the influ¢nce of oui. Clii'isliai) ethos is ¢vidcnt iii tl)e way we operate, theie is no i'eqLllltin¢nl foi. IEsideJ)ts lo shal'e (lie same fait]). Our dooi's are open to iiidividuals fi'oin all ivalks of life, and oui. conimilmellt to tiieii. well-being iEmain4 unwavei'ing. As long as tliey al'e williii&i to follow. PrO￿'t&S aiid Succes5 Stoi'ies We ai'¢ pleased to shal'e that the mei) at Viclory Hom¢s actively participate in eouiisellii)g sessioi)s. ai)Il psycliotheixpy, and adhere to tlie guidelines of oui. pi'ogrdlns. Tlie pmgress Inade by oui. iesidenls is evident, and we I'cmain optiiiiistic about theii" continued impruvenieiit tJii'ough()ut the diii'ation of tlicii. stay. W¢ air especially pi'oud to highlight the suceess of oiie individual ivlio has gi'aduated fi'om our pi'OLyra])i aiid is now thriving in liis joumcy toward a hcaltliiei. and moi-¢ fultilling life. At Victoiy Honies Loiidon, we havc evel'y cxpectaiion thcit oiir i'esid¢iits will not only Inanage a l)ealthy lifestyle bul will also be w¢ll nn tlicir way lo i¢acliiiig tl)eii' full potential. We loolc fonvard ¢0 eontinuiiig oiii. mission of tixi)sformiiig lives and tllaking a positive impact oil ihc community. Finaiiclal I'evieiv: Incoiiic and Expeiidilure duE'ii)g Il)e ycar amounted lo £ 94,533 & £ 95,582 respectively {2023.. £ 61,657 & £ 68,948). The att8¢hcd fiiiancial slal¢mcnts show Ihc cw'rent slate of L]ie Lbarity's finaiiccs. Plans foi. fiului'e Developments: The Charity plans to dcvelop various fundi'aisillg sti'atcgy to includc 11)ass niai'keting. Bcsides Inass Inarketiiig and eveiits, the chai'ity is aiiy)illg to achieve its tai'gcts througli Seciiring donatioiis fi'om willii)LY iiidiiiiduals. A development boai"d may be cl'eated lo lielp inLlude oiliei. avenues of fun(Iraising to be iiicludcd in llie ye￿.lY pi'ugratnilie. 61Page 'I'IIUSTEIES' REI PORT roR THE YCI AR ENDED S APRIL 2024 Indepeiideiit Ei xaminei.: Tl)c Chaiily's indepeiideiil exai))ii)ei-, Aiiiiiii Hassan, FCC.A of Accoiintii)g Assist Ltd Clo Good to Givc Ltd, Iiave indicated their williJiLTness to offci. il)cniselves foi. appoiJ)tinciit. This repoi't w s appi'ove lie Ti'usÉc¢s on 2nd signed on thcii. bel)aifby'. NaiM¢ Sigiiiatui'e Datc...... INDLI PLI Yi DLI Nl. LXAMINLII'S RLI PORT FOR THE YEAR ENDEID 5 APRIL 2024 INDL4 P[1 INDENT EXAMifs'E4 R',$ REPORT TO TIIE TRUSTEES OTr VIC'I'ORY OU'I'IILACH LONDON CITY CHURCH. l itport on the financial stateinents of the eharily for tlie year elided 51?1 Api'il 2024 wliich coinprise tlie Siatement of Finaiicial Activities and Balance Slieet with associate i)otes. Tliis i"¢poi't 1.% Inadc solcly to thc cliarity's Ti'iistees, as a body, in a¢eoi'dance witl) section 145 of thc Cl)ariti¢s Act 201 l ancl Icgulatioiis Inade undei" section 154 of that Act. My wol'l< ha8 been undertaken so Iliat I Iiiiglit slate to tlic cliarity'.q Ti'u%¢ee8 those mattel's l ai)) iequii'ed to state to tlien) in a indepeiident examillLr's Irpoi't ciiid foi. iio otlicr PElI'pose. To tlic fullcst extenl pei'iniltcd by law, I do not acccpt or assumc I'esponsibility to anyone othei. than tlie cl)ai'ily and Ihe charity's Ti'ustees as a body, for my cxamination woi.k. IiESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The cliarity's Ti'ustccs al'e iesponsible foi. il)c prepai'ation of tlie financial statements, and they consider that an audit is i)ot i'eqiiii'ed foi. this year under section 144(2) of tlic Cliai'ities Act 2011 {the Act) aiid tlidt an independent cxainination 1.% needed. It 18 my I'&sponsibility to.. Examine tlie ac¢ountb (under Section 145 of the Chai'ities Act). To follow thc pioceduiES laid down in the Genei'#l Dir¢ctions given by the Chai'ity Cominissionei's {undei' Section 145{5){b} of the Chai'ities Act}., and To state whethei. i)arti¢ulai- Inattei's liavc comc lo Iny atteiition. Basis of liidependeiit Exainiiier's repoi-t My examination was cai'i'ied out iii accordance with the G¢nei'al Dii'ections giveii by tlic CliaÈ'ity Con)missioiieiB. Ail examination includes a review of thc accounting i'e£ords Icept by the GrouplDistYicl and a compari%oii of the accounts pres¢i)ted witli tliose iecords. It also incllides considei'atioii of any unusual itcins oi. disLlosures ii) die accounLq and sc¢king exiilat]lltions fi'oin you a& ti'ustees concei'iiiiig ai)y sucli matte1%. The piocedures undeitakci) do not pi'ovide all thc cvidence tlidt would be requircd in an audit, and ¢on.sequcntly no opit]ioii is given as to wlieth¢i' tlie aCCOLinls present a 'tru¢ and fail view and th¢ repoi'l is limiled to tl)osc inattei's set oul ii) the stateineiit bel()w. Independent Examiney's statejnent In connectioii witl) illy exainination, no iiiatta. lias come to iiiy att¢nlion'. l) wl)ich gives Ine ieasonable eause to believe tlial in any niatei'ial respect tl)e reqLiireinents.' to k¢cp accoiinting i'ecoJ.ds ii) accoi'dance witli section 130 of the A¢t' diid to piEpai'e fii)ancial 5taten)ent.q whieli accoi'd witl) tlie a¢¢ounting Iccoi'ds ai)d coimply witli the accounting i'equireinenis of thc Act have not been Inet. oi. 2) to which, in iiiy opinioi), atteiition sliould be di'awii iii order to Lnable a pi'oper und¢i'standiiig of the financial sialemeiits to be reached. Signed.. Dated.. 1811012024 Anurn Hassan, FCCA On behalf of Accouiiting Assist Ltd S'I'ATLI MLNI. or 14lNANCIAI. AC'fiviTIF.S (lilcorpoi'aling Incaiiie and ¢xpei)diluie aLcoiiiII) FOR THL YEI All FI NDLI D 5, Al)IIII. 2024 Resti'lcted Tot41 Ilulld% I'otAI Fuiid5 20Z4 2024 2024 202J Noies Voluiitaiy IIKx>mc 7&J42 70,842 49310 (Jilicr Incoine r¢sourccs 13,691 23.691 12047 Tol81 INcnNiliig 94,51J 01.657 R¢sourcos txpoiided Cost ofeJentr&tillg Ful￿$.. 79,291 79,291 S2,108 9,274 9,274 Oulreacli 3,8fi9 3J69 lJ51 Gov¢ii1￿￿eco￿￿ 3,148 3,144 1,627 Ag%et PuYc]ia$ed #,261 T&tsl Re5QUTcei Lxpetided 95,58Z 95,582 68.94 Muveiiienl 111 I￿al ￿n0 for llieyeRr- Ncl -1.050 -7391 bp13nee broughf fonv4id J,3.12 3J3Z 10.022 Fund bRI&Tice CAiiied foiivord 2,282 1.282 3JJ2 Notes to Accounts Tlie accounts w¢JE pi'epared 01) iiieoine rcsoui'c¢% and resoui'ces expended basis oiily- tlierefoiE, no account was tdlcen of accN