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2020-12-31-accounts

Registered Charity Number

1178624

Divine Holy Spirit International Ministries (DHSIM)

Report of the Trustees

and

Statement of Receipts and Payments

For the Year 1st January to 31st December 2020

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Registered Charity Number

1178624

CONTENTS

Section A: Reference and administration details 3
Section B: Structure, governance and management 3
Section C: Objectives and activities t 4
Section D: Achievements and performance 5
Section E: Financial review 5
Section F: Declaration 5
Financial statement 6
Notes to the accounts 7
Independent Examiner’s report 8

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Registered Charity Number 1178624

Section A Reference and administration details

Charity name: Divine Holy Spirit International Ministries Other name charity is known: DHSIM Registered Charity Number: 1178624 Charity’s principal address: 19 Tavistock Close, St. Albans, AL1 2NS Trustees: Michael Tichaona Manyangadze (Chair) Colin OkotOcaya (Secretary)

Bankers: Barclays Bank 16-18 St Peter's St, St Albans AL1 3LP

Section B Structure, governance and management DHSIM is a Charitable Incorporated Organisation (CIO) registered with the Charity Commission (UK) 4[th] June 2018. The Charity is constituted as a CIO and is governed in accordance with its constitution.

The current trustees are:

Trustees meet at least four times a year and are responsible for the governance of the church including management of risks. The Trustees have the power to appoint and dismiss Trustees in accordance with the provisions in the constitution. The church has Elders, Pastors, Deacons and other volunteers who support the Trustees with the day-to-day running of the charity. Appointment of additional Trustees is under consideration.

DHISM has an international outreach programme providing charitable activities in Kenya, India and other parts of the world. This missionary work has been carefully considered and a grant-making policy was developed in order to manage the risks.

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Registered Charity Number

1178624

Section C Objectives and activities

Objectives

  1. To advance the gospel of the Kingdom of God and Christian religion in bringing God’s deliverance to all believers - physically, spiritually, emotionally, financially and psychologically, so that they can live the life that God promised in His word 3 John 2 for the benefit of the public through the holding of prayer meetings, teaching, public celebration of religious festivals, life coaching, seminars, one-to-one consultations, sermons, missionary expeditions; outreach to local communities; producing and/or distributing literature on church events and promotion of the Christian religion to enlighten others about the Kingdom of God and the Church of Jesus Christ.

  2. To relieve those facing hardship and poverty through provision of material and financial assistance. The relief could be in the form of:

  3. Provision of clothing, food, drinks and other materials to the needy

  4. Training to improve quality of life to acceptable standards

  5. Provision of counselling services including prayers

  6. Financial assistance to members of the congregation facing hardships

The church has been able to meet the needs of congregants most of whom have testified life changing events in their lives to the extent that some do elms giving, donations, offerings, payment of tithes and thanksgiving to bless the Church of God and its missions.

The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Trust’s aims, objectives and activities.

The donations received are not only used for equipping the church with instruments, transport, allowances for volunteers and rentals, but also used for the welfare of the needy in society. The grant making policy provides guidance on who can benefit from the church’s welfare fund which includes missionary work.

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Registered Charity Number

1178624

Section D Achievements and performance

The church has continued to grow physically and spiritually since its formation with a congregation of over 240. DHISM does not own a building, and relies on private homes, social media and rented space for gatherings and worship sessions. The onset of the pandemic in February 2020 curtailed the Church’s physical meetings while use of social media and online streaming services increased. Despite the challenges of the pandemic, the Church continued to thrive as all congregants continued to benefit from the DHSIM’s programmes virtually..

An orphanage established in Kenya in August 2018 with a school has continued to provide services through the support of local volunteers.

Section E Financial review

Total receipts for the financial year period was £76 842 add 1 309 balance from 2019 equals £78 151. Costs of running the charity was £55 080. The closing balance carried forward was £23 071.

The lockdown measures during the pandemic helped reduce expenditure on rentals while the receipts from tithes and offering increased. Some investment in online media channels enabled the Church to widen its reach to congregants and beneficiaries of the Church’s programmes worldwide. The financial year thus ended with a healthy balance of £23 071.

Section F: Declaration

The Trustees declare that they have approved the Trustees report above.

Signed on behalf of the charity’s trustees


Michael T. Manyangadze

Chairman


Colin O. Ocaya

Treasurer

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Registered Charity Number

1178624

Divine Hol S irit International Ministries y p

FINANCIAL STATEMENT FOR THE YEAR 1[st] JAN – 31[st] DECEMBER 2019

Receipts and Payments Accounts

Unrestricted Funds
Restricted Funds
Receipts
Bal c/d (2018)
1 493
Donations and gifts
52 943
Grants received
25 208
25 208
Total receipts
78 151
25 208
Payments
Activity expenditure
38 460
Grants paid (note 1)
-
16 620
Sub total
38 460
16 620
Asset purchases
None
-
_
Sub total
__
Total payments
38 460
16 1620
Excess of receipts over
payments
14 483
8 588
Cash funds last year end
1 493
Cash funds this year end
15 976
8 588
STATEMENT OF ASSETS AND LIABILITIES
Cash funds
Bank balance
23 071
Cash in hand
1 493
Total cash funds
24 564
Assets retained for
charity’s own use
Van and Equipment (see
note 2)
2 144
2 880
Liabilities
Non
-
Unrestricted Funds
1 493
52 943
25 208
Unrestricted Funds
1 493
52 943
25 208
Restricted Funds
25 208
Restricted Funds
25 208
Total 2019
52 943
25 208
78 151 25 208 78 151
38 460
-
16 620 38 460
16 620
38 460 16 620 55 080
- _____
____
38 460 16 1620 55 080
14 483 8 588 23 071
1 493 1 493
15 976 8 588 24 564
23 071
1 493
24 564
5 024
-

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Registered Charity Number

1178624

Divine Holy Spirit International Ministries FINANCIAL STATEMENT FOR THE YEAR 1 JANUARY TO 31 DECEMBER 2019

NOTES

  1. Grants were received from individuals to sponsor specific activities like rent, Kenya mission and Church building fund. These figures were treated as restricted funds and were used for such purposes as given.

  2. Fixed assets retained for Church use are vital for worship services. A strait line depreciation method has been used to determine their value as follows

Asset name Original cost
Depreciation so far
Current value
4 500
1 620
2 880
1 500
732
768
600
248
352
200
98
102
1 800
878
922

NB: Depreciation at 20 percent per annum

The attached notes form part of these financial statement

Approved by the Trustees on 24[th] May 2022 and signed on their behalf by Prophet Michael T. Manyangadze (Chairman) and Mr Colin O. Ocaya (Treasurer)

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Registered Charity Number

1178624

Independent Examiner’s report to the Trustees of Divine Holy Spirit International Ministries

I report on the accounts for the year ended 31[st] December 2019 which are set out above.

Respective responsibilities of trustees and examiner

The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.

It is my responsibility to:

Basis of the independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

  1. which gives me reasonable cause to believe that, in any material respect, the requirements

  2. -to keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006; and

-to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities; have not been met; or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Mr S. Mapasure, MSc, CMI 218 Bennetts Close Mitcham CR4 1NT

DATE: 22 MAY 2022

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