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2020-12-31-accounts

Trustees’ Annual Report for the period

From 01/01/2010 Period start date To 31/12/2020 Period end date

Charity name: Synergy International Ministries

Charity registration number: 1176667

Objectives and Activities

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SORP reference
Summary of the Para 1.17 The charity is established to
purposes of the charity promote the Christian faith
as set out in its through establishing churches,
governing document holding praying meetings,
teaching and preaching the
gospel and spreading the gospel
of Jesus Christ through
evangelism among other things.
Summary of the main Para 1.17 and We hold Sunday church services
1.19
activities in relation to for worship, teaching and prayer.
those purposes for the We hold midweek services to
public benefit, in teach the word of God from the
particular, the activities, bible.
projects or services We also hold prayer meeting to
identified in the pray and to exhort the members.
accounts. We undertake missionary work
and establish new churches to
promote the faith.
Statement confirming Para 1.18 The trustees are aware of the
whether the trustees importance of public benefit as
have had regard to the outlined in the charity
guidance issued by the commission’s guidelines and
Charity Commission on adheres to that.
public benefit
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SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment

Contribution made by
volunteers		 Para 1.38 Volunteers have contributed to
checking on the wellbeing of the
members and supporting with
collecting food and other items
for those who need them.

Achievements and Performance

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SORP reference
In the past year, the charity has
Summary of the main continued to hold virtual services
achievements of the regularly on zoom and other
charity, identifying the conference call services to
Para 1.20
difference the charity’s encourage the membership
work has made to the through bible studies, worship
circumstances of its services and prayer sessions.
beneficiaries and any
wider benefits to society The charity has also followed up
as a whole. its members through phone calls
offering counselling and support
when needed.
The charity has also organised
youth meeting to train and
mentor young people.
In addition to the above the
charity has engaged in
missionary work overseas where
the gospel was preached leading
to the planting of new churches
and the support of already
existing churches abroad. The
charity has also visited schools
overseas to share good practice
and to train the staff of schools in
developing nations. The charity
has also supported children with
basic needs through partnership
with other churches.
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As far as our objectives are
concerned we are on track and
Achievements against Para 1.41 continue to promote the Christian
objectives set faith.
In terms of fundraising, our main
source has been through the
Performance of offerings and donations by the
fundraising activities Para 1.41 members to further the preaching
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against objectives set of the gospel.
Currently, our investment has
been in the lives of people
Investment performance Para 1.41 through teaching and holding
against objectives meetings to train and equip
members to carry out soul
winning which is at the heart of
Christianity.
Other
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Financial Review

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Review of the charity’s Para 1.21 The last year has been quite
financial position at the challenging for the whole world
end of the period due to the pandemic however we
have adapted to virtual meetings
and the members of the church
have continued to support the
objectives of the church through
attendance and by volunteering.
The financial position of the
church was good and this enabled
us to do missions.
Statement explaining Para 1.22 We aim to be able to have a
the policy for holding minimum amount of funds in our
reserves stating why bank account to be able afford
they are held rents and still be operational.
Amount of reserves held Para 1.22 We aim to always have a
minimum of £1000 in our bank
accounts.
Reasons for holding zero Para 1.22 As good stewards of resources we
reserves think it is appropriate not to
spend every money received
because of the uncertainty of the
future.
Details of fund materially Para 1.24 Currently we are not in deficit.
in deficit
Explanation of any Para 1.23 We hope and pray to continue to
uncertainties about the serve and promote the Christian
charity continuing as a faith as long as the Lord gives the
going concern strength and the ability to do so.
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Our main source of funding
comes from members of the
The charity’s principal church who identify and support
sources of funds Para 1.47 the vision of the church and the
(including any objectives and aims of the
fundraising) church.
Our investment is in the lives of
people through teaching and
Investment policy and training in the word of God and
objectives including any Para 1.46 we aim to see the transformation
social investment policy in the lives of the people and our
adopted communities by acts of kindness
and love and social cohesion.
Currently there are no major risks
facing the charity.
A description of the Para 1.46
principal risks facing the
charity
Other
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Structure, Governance and Management

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Description of charity’s
trusts:
Type of governing Para 1.25 Trust deed
document
(trust deed, royal
charter)
How is the charity Para 1.25 We are incorporated as a CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Currently, the trustees are
methods including appointed to serve from among
details of any the members of the church who
constitutional provisions share the visions, objectives and
e.g. election to post or goals of the church. The
name of any person or appointment is made based on
body entitled to appoint the provisions of the constitution
one or more trustees with input from the leadership of
the church.
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Currently serving trustees are
exposed to the publications of
Policies and procedures the Charity Commission and in-
adopted for the Para 1.51 house training by the leadership
induction and training of of the church.
trustees
The organisational structure of
The charity’s the church is work in progress.
organisational structure Para 1.51
and any wider network
with which the charity
works
We have a working relationship
with other churches locally and
Relationship with any Para 1.51 internationally.
related parties
Other
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Reference and Administrative details

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Charity name Synergy International Ministries
Other name the charity SIM: HOUSE OF PRAYER AND THE WORD OF GOD.
uses
Registered charity 1176667
number
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Charity’s principal 133 Ivyhouse Road,
address Dagenham, Essex
RM9 5RR
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Names of the charity trustees who manage the charity

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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Gilbert Gbedawo New Chair 12 May 2021 Pastoral Team/Leadership
2 Felicia Yarney 12 May 2021
Lindah Former
3
Chinengundu Chairperson
4 Marlene Grant Secretary
5 James Botchway
Masengu Financial
6
Mutanda Secretary
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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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

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Trustee name Dates acted if not for
whole year
NOT APPLICABLE
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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 trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees Signature(s) GGbedawo Full name(s) Gilbert Gbedawo Position (eg Chair Secretary, Chair, etc)

Date 3/11/2021

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Charity Name No (if any)
SYNERGY INTERNATIONAL MINISTRIES 1176667
Receipts and payments accounts
For the period Period start date Period end date
To
from 1/1/2020 12/31/2020
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Tithes and offering 25,507 - - 25,507
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
25,507 - - 25,507
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total - - - -
Total receipts 25,507 - - 25,507
A3 Payments
Office expenses and consumables 4,413 - - 4,413
- - -
- - -
- - -
- - -
- - - -
- - - -
- - - -
- - - -
Sub total [ 4,413 ] - - 4,413
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - -
Total payments 4,413 - - 4,413
Net of receipts/(payments) 21,094 - - 21,094
A5 Transfers between funds - - - -
A6 Cash funds last year end - - - -
Cash funds this year end 21,094 - - 21,094
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Section B Statement of assets and liabilities at the end of the period

Unrestricted Restricted
Categories Details funds funds
B1 Cash funds Bank Total cash funds to nearest £
24,445
-
-
24,445


to nearest £
-
-
-
-
(agree balances with receipts and payments
account(s))		 Agreement Error OK
Unrestricted Restricted
funds funds
B2 Other monetary assets Details to nearest £
-
-
-
-
-
-




to nearest £
-
-
-
-
-
-
B3 Investment assets Details Fund to which
asset belongs		 Cost (optional)
-
-
-
-
-
B4 Assets retained for the Details Fund to which
asset belongs		 Cost (optional)
-
charity’s own use






-
-
-
-
-
-
-
-
Fund to which Amount due
B5 Liabilities Details liability relates



-
-
-
-
-
(optional)
Signed by one or two trustees on
behalf of all the trustees		 Signature Print Name

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

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CC16a
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Last year

to the nearest £

-

-

-

-

Endowment funds

to nearest £ - - - -

OK

Endowment funds to nearest £ - - - - - -

Current value (optional) - - - - -

Current value (optional) - - - - - - - - - When due (optional)

Date of approval

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/
members of
On accounts for the year
ended
Set out on pages		 Charity Name
SYNERGY INTERNATIONAL MINISTRIES		 Charity Name
SYNERGY INTERNATIONAL MINISTRIES		 Charity Name
SYNERGY INTERNATIONAL MINISTRIES
31 December 2020 Charity no
(if any)		 1176667
Page 1
(remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2020.

Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

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.

Date: 30/09/2021

Signed: Name: Olukayode Obisesan

Oct 2018

1

IER

Relevant professional FFA FIPA qualification(s) or body (if any):

Address:

119 Ivyhouse Road Dagenham, Essex RM9 5RP

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Oct 2018

2

IER