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2023-12-31-accounts

Trustees’ Annual Report for the period

From 01/01/2023 Period start date To 31/12/2023 Period end date

Charity name: Synergy International Ministries

Charity registration number: 1176667

Objectives and Activities

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

Additional information (optional) You may choose to include further statements where relevant 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 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

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 In the past year, the charity has
continued to hold virtual services
regularly on zoom and other conference
call services to encourage the
membership through bible studies,
worship services and prayer sessions.
The charity has also followed up 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.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set		 Para 1.41 As far as our objectives are concerned
we are on track and continue to promote
the Christian faith.
Performance of fundraising
activities against objectives
set		 Para 1.41 In terms of fundraising, our main source
has been through the offerings and
donations by the members to further the
preaching of the gospel.
Investment performance
against objectives		 Para 1.41 Currently, our investment has been in
the lives of people through teaching and
holding meetings to train and equip
members to carry out soul winning
which is at the heart of Christianity.

Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 The last year has been quite challenging
for the whole world 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 the
policy for holding reserves
stating why they are held		 Para 1.22 We aim to be able to have a minimum
amount of funds in our bank account to
be able afford 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
reserves		 Para 1.22 As good stewards of resources we think
it is appropriate not to spend every
money received because of the
uncertainty of the future.
Details of fund materially in
deficit		 Para 1.24 Currently we are not in deficit.
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 We hope and pray to continue to serve
and promote the Christian faith as long
as the Lord gives the strength and the
ability to do so.

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 Our main source of funding comes from
members of the church who identify and
support the vision of the church and the
objectives and aims of the church.
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46 Our investment is in the lives of people
through teaching and training in the
word of God and we aim to see the
transformation in the lives of the people
and our communities by acts of
kindness and love and social cohesion.
A description of the principal
risks facing the charity		 Para 1.46 Currently there are no major risks facing
the charity.
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25 Trust deed
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 We are incorporated as a 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 Currently, the trustees are appointed to
serve from among the members of the
church who share the visions,
objectives and goals of the church. The
appointment is made based on the
provisions of the constitution with input
from the leadership of the church.
Additional information (optional) Additional information (optional) Additional information (optional)
You may choose to include further statements where relevant about:
Currently serving trustees are exposed
to the publications of the Charity
Policies and procedures Commission and in-house training by
adopted for the induction Para 1.51 the leadership of the church.
and training of trustees
Additional information (optional)
You may choose to include further statements where relevant about:		 Additional information (optional)
You may choose to include further statements where relevant about:		 Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures
adopted for the induction
and training of trustees		 Para 1.51 Currently serving trustees are exposed
to the publications of the Charity
Commission and in-house training by
the leadership of the church.
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51 The organisational structure of the
church is work in progress.
Relationship with any
related parties		 Para 1.51 We have a working relationship with
other churches locally and
internationally.
Other

Reference and Administrative details

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

Names of the charity trustees who manage the charity

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20		 Trustee name Office (if any) Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
Mr Gilbert
Gbedawo		 Chairperson Pastoral Team/Leadership
Mrs Felicia
Gbedawo

– 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
NOT APPLICABLE

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 Secretary, Chair Chair, etc) Date 31/10/2023

----- Start of picture text -----
Charity Name No (if any)
SYNERGY INTERNATIONAL MINISTRIES 1176667
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 01/01/2023 31/12/2023
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Tithes and offering 9,797 - - 9,797 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
- - 9,797 -
AR) [ 9,797 ]
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 9,797 - - 9,797 -
A3 Payments
Office expenses and consumables 11,946 - - 11,946 -
- - - -
- - - -
- - - -
- - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 11,946 ] - - 11,946 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 11,946 - - 11,946 -
Net of receipts/(payments) - 2,149 - - - 2,149 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end - 2,149 - - - 2,149 -
----- End of picture text -----

CCXX R1 accounts (SS)

31/10/2024

1

Section B Statement of assets and liabilities at Section B Statement of assets and liabilities at the end of the period
Categories
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
B3 Investment assets
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B1 Cash funds		 Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Bank
Details
Details
Details
Signature		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
862
-
-
-
-
-
862
-
Agreement Error
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name		 Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval

CCXX R2 accounts (SS)

31/10/2024

2

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members of

Charity Name SYNERGY INTERNATIONAL MINISTRIES

On accounts for the year 31 December 2023 Charity no 1176667 ended (if any) Set out on pages 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 31/12/2023.

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.

* Please delete the words in the brackets if they do not apply.

Signed: Name: Olukayode Obisesan

Date: 31/10/2024

1

Oct 2018

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 .

2

Oct 2018

IER