Trustees’ Annual Report and Financial Statements
For the period 01/04/2023 to 31/03/2024
Charity Name: MANNAS EMPOWERMENT MINISTRIES
Charity Registration Number: 1179966
Objectives and Activities
Summary of purposes:
In line with the governing document, the charity exists to advance the Christian faith for public benefit as expressed in the Statement of Beliefs and Practices.
Main activities and services delivered:
The church continues to teach and preach the gospel across diverse age groups and communities, delivering regular services, outreach activities, and spiritual support.
Charity Commission guidance on public benefit:
The trustees confirm they have considered the Charity Commission’s guidance on public benefit.
Grant making policy: No grants were issued during this period.
Social investment policy: The charity has not engaged in any surplus-generating activity for investment purposes.
Volunteer contribution: Members continue to offer voluntary support, typically upon request, without remuneration.
Achievements and Performance
Summary of achievements:
The church maintained consistent service delivery despite limited resources. All activities were executed in line with the core mission to promote Christian teachings and values.
Achievements against objectives: No significant deviation from mission.
Fundraising performance: No dedicated fundraising events took place.
Investment performance: Not applicable.
Financial Review
Review of financial position:
Total income: £10,820 Total expenditure: £9,305 Surplus: £1,515
Reserves policy:
The trustees have not held formal reserves but continue to assess the need based on year-on-year income stability.
Amount of reserves held: Nil.
Funds in deficit: None.
Going concern: No material uncertainty about the charity’s ability to continue.
Sources of income: Funds were primarily raised through contributions from church members and well-wishers.
Structure, Governance, and Management
Governing document: The charity operates under a Constitution.
Constitutional type: Trust.
Trustee appointment: Trustees are selected and appointed in line with the governing document’s provisions.
Induction and training: Trustees are provided with guidance on their duties, including induction practices.
Organisational structure: The charity maintains a hierarchical structure and applies a conflict of interest policy in trustee selection.
Reference and Administrative Details
Principal address: 24 Suffolk Street Oldham OL9 7DS
Trustees during the period:
-
Olatimbo Doris Obidiegwu Akinkuade – Chair (Full year)
-
Silvester Iken Obidiegwu – Trustee (Full year)
Approved by the trustees on: 03/04/2025
Signed by: Olatimbo Doris Obidiegwu Akinkuade
| Receipts and Payments Account | Receipts and Payments Account | ||
|---|---|---|---|
| Category | Unrestricted Funds | Restricted Funds | Total |
| Donations | £10,820 | - | £10,820 |
| Total Receipts | £10,820 | - | £10,820 |
| Operating | £9,305 | - | £9,305 |
| Expenses | |||
| Total Payments | £9,305 | - | £9,305 |
| Net Surplus | £1,515 | - | £1,515 |
| Cash at Year-End | £3,445 | - | £3,445 |
Statement of Assets and Liabilities
As of 31/03/2024
Bank Balance: £3,200 Cash in Hand: £245 Total Cash Funds: £3,445 Liabilities: None Assets Retained for Use: None Investments: None