## **HOUSE OF DESTINY MINISTRIES**
Trustees Annual Report and Financial Statements for the Year Ended 29th February 2024
**Registered Charity Number: 1180251**
House of Destiny Ministries Charity Number: 1180251
## **Contents of the Financial Reports**
|Reference and Administrative Details|2|
|---|---|
|Report of the Trustees for the Year Ended 29th February 2024|3|
|Statement of Financial Activities for the Year Ended 29th February 2024|10|
|Notes to the Accounts for the Year Ended 29th February 2024|12|
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House of Destiny Ministries Charity Number: 1180251
## **Reference and Administrative Details**
## **Registered Charity number**
1180251
## **Principal address**
House of Destiny Ministries Gethsemane Revival Centre Rickleton Village Washington Tyne and Wear NE38 9ET
## **Trustees**
Kenneth Kanyangu Chairperson Amos Bwanya Andrew Kanyangu
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House of Destiny Ministries Charity Number: 1180251
## **Report of the Trustees for the Year Ended 29th February 2024**
The trustees present their annual report and financial statements of the charity for the Year Ended 29th February 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) published on 16 July 2014. The report takes account of the requirement for Trustees to report annually on public benefit and the Trustees have had regard to the Charity Commission's guidance on public benefit.
## **Our Charitable Objectives and Activities**
House of Destiny Ministries is a Christian Church based in Washington, Sunderland, Tyne and Wear, England.
The main objective of the church is to advance the gospel of Jesus Christ in accordance with the Holy Scriptures.
House of Destiny Ministries, whose founding Pastor is Kenneth Kanyangu, is an independent evangelical church based in The United Kingdom and has a branch in Kamloops, Canada. Current congregants are drawn mainly from Tyne and Wear, and surrounding areas such as Middlesbrough, Durham and Northumbria.
## **Structure, Governance and Management**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity and is also registered with the Charities Commission with the charity number 1180251.
House of Destiny Ministries is guided by, The Bible and the Church Constitution. The day-to-day affairs of the church are overseen by the Resident Pastor, who is assisted by a body of Church Elders. The Resident Pastor is the Chairman of the Church Board. Other Elders are appointed as, the Vice Chairman, Secretary, Administrator, Youth leader, Elders in charge of the Men’s, Women’s, Deacons, Youth and Sunday School leaders.
## **Church Leadership**
The Church Board is responsible for the day-to-day operations of the charity and managing the volunteers of the charity on behalf of the Trustees. The Pastor is the chairman of the Church Board. The Leadership Team comprises:
|Pastor K Kanyangu|Chairman|
|---|---|
|Elder A Bwanya|Vice Chairman|
|Elder E Zimuto|Secretary|
|Elder A Kanyangu (Mr)|Administrator|
|Elder E Mutsvairo|Finance|
|Elder J Bwanya|Committee Member|
|Elder G Matongo|Committee Member|
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House of Destiny Ministries Charity Number: 1180251
Elder V Matongo Committee Member Elder M Mutsvairo Committee Member Elder C Godzongi Committee Member Elder D Mbwanda Committee Member Elder B Kanyangu Committee Member
The leadership team serve the charity on a voluntary basis and do not get paid.
## **Appointment of Trustees, Induction and Training**
Trustees are responsible for recruiting new trustees. When new Trustees are appointed, they are provided with an information pack containing copies of the governing documents, annual report, strategic plan, core documents and other supporting papers.
Each new Trustee is linked with an existing Trustee for induction. Training is made available as required and can include providing suitable publications, in-house updates and external events.
## **Charitable Activities**
House of Destiny Ministries plans and carries out a number of activities throughout the year. These activities are tailored to suit different groups within the congregation and in the wider Tyne and Wear community where the church is based.
House of Destiny Ministries also works in harmony with other community organisation within Washington and surrounding areas. All the activities singularly and collectively have the objective of equipping and strengthening individuals, families and the community at large in the Christian faith.
## **Soup and Coffee meetings**
After the successful implementation of the "Warm Spaces" program, which was later rebranded as "Welcome Spaces," our organisation formed a strategic partnership with the Rickleton Residents Association. This relationship has resulted in regular weekly meetings every Wednesday, with additional gatherings scheduled as needed. This initiative, which began during the COVID19 pandemic, has continued to thrive and has become a cornerstone of our community engagement efforts.
Through this ongoing partnership, we have successfully organised a variety of community events:
Open Day Exhibition: We hosted an open day event that welcomed members of the public into our facility. The event featured:
- Exhibition rooms where various organisations and charities were invited to set up information desks
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House of Destiny Ministries Charity Number: 1180251
- Opportunities for community members to learn about local resources and services
- we also had games, table top sales and tombola
Nex year we hope are planning to host a concert by the Sunderland Symphony Orchestra, which will be part of the Washington at 60 celebrations. Planning is already at an advanced stage.
## **Table Top Sales**
Regular table top sales have been organised, providing a platform for:
- Local residents to sell unwanted items
- Community members to find bargains
- Fostering a sense of community through shared economic activity
## **Community Sports Day**
A sports day event was held, which included:
- Various athletic activities for participants of all ages
• Food service to nourish attendees and create a festive atmosphere These events have significantly contributed to strengthening community bonds, promoting local engagement, and providing valuable resources and entertainment for residents of Rickleton and the surrounding areas.
## **Board of Trustees and Elders Committee**
The Board of Trustees and Elders Committee is grateful to the Church committees, leaders in various departments of the Church and the entire congregation for the excellent individual and collective effort in pursuit of the mission of the Church. Below are some of the activities implemented in the reporting period.
## **Sunday Services**
Every Sunday, Gethsemane Revival Centre in Rickleton, Washington, hosts a comprehensive 2.5-hour church service that encompasses preaching, teaching, worship through singing, and prayer. These services are open to both regular attendees and visitors, welcoming all who wish to participate.
## Attendance Trends
The average Sunday service attendance at Gethsemane Revival Centre has shown notable improvement in the recent reporting period.
While the current attendance figures demonstrate significant growth compared to the previous reporting period, they have not yet reached the levels seen before the COVID-19 pandemic. Specific Improvements
Overall attendance: The church has experienced a considerable increase in Sunday service participation.
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House of Destiny Ministries Charity Number: 1180251
The positive trajectory in attendance at Gethsemane Revival Centre reflects a broader resurgence in church participation post-pandemic, suggesting a renewed interest in spiritual engagement and community worship.
## **Men's Fellowship**
The church conducts quarterly, Saturday meetings for men with the objective of equipping men for their roles in families, the church and society at large. House of Destiny Ministries men also participate in seminars and conferences as the program or time may permit. Like the previous year during the reporting period, the Men's meetings have continued, however, the momentum has not reached that of the pre-Covid period.
## **Ladies' Fellowship**
The Ladies' Union plays a vital role in the church's program, offering a diverse range of activities aimed at empowering women through biblical principles. These quarterly meetings and associated events serve as a platform for personal growth, spiritual development, and community building among women of various life stages and backgrounds.
The Ladies' Union are conducted regularly, whereby they provide regular opportunities for women to gather, learn, and support one another.
**Diverse Participation** : The meetings welcome a broad spectrum of women, including:
- Single women
- Married women
- Widows
- Single parent mothers
This inclusive approach ensures that women from different life experiences can benefit from the union's activities and contribute their unique perspectives.
## Educational Focus
The Ladies' Union places a strong emphasis on education and empowerment through various seminars and conferences. These events cover a wide range of topics relevant to women's roles in different spheres of life:
1. Family: Parenting and raising children in a Christian environment
2. Health: Health and social care topics
3. Spirituality: The role of a Christian woman at home and in society
4. Prayer: Developing and strengthening prayer life
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House of Destiny Ministries Charity Number: 1180251
## **Youth Ministry**
House of Destiny Ministries also hosts monthly meetings for youths and young adults which are meant to enable them to learn about the Gospel and also facilitating them to live out their faith whilst contributing positively to their families, the church and the wider community. The youths also play a role in community outreach and charity events and helping out in the church through activities such as ushering and teaching in the Children's Ministry. The young people have been holding regular meetings many thanks to the leadership of Pastor Kenneth Kanyangu.
## **Children's Ministry**
House of Destiny Ministries has a vibrant Ministry for children between the ages of 4 and 11 years. These classes are conducted every Sunday, and are held by DBS-checked teachers for an hour in separate rooms for different age groups.
## **Prayer Meetings, Bible Study, Missions and Cell Groups**
Continuing pastoral care, fellowship and church growth activities take place through various weekly programmes such as prayer meetings every Friday and Cell Groups/Home Groups during weekdays in various places.
The Ministry has offered comprehensive spiritual and other necessary support to members and other believers in times of illness or bereavement. Meetings are held every week at the Church in Rickleton.
## **Volunteers**
The Trustees recognise the essential contributions of church departments and volunteers, such as the Hospitality and Decorations Team, Ushering Ministry, Information and Publicity Team, Children and Youth Ministries, Praise and Worship Team, and Ladies and Men's Fellowships. These groups play crucial roles in fostering a welcoming atmosphere, providing education and support, and enhancing community engagement through various activities and services.
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House of Destiny Ministries Charity Number: 1180251
## **Financial Review**
## **Income**
Income for the year FY2024 decreased by 15% compared to the previous year with the bulk of the income coming from Tithes and Offering, total income decreased from £86k to £72k.
Income from tithes and offerings was 84% of the church's voluntary income, other income was at £3K.
## **Expenditure**
Resources expended totalled £61k down from £77k in FY2023 a decrease of 20%; Expenditure continues to be closely monitored; efficiency and sustainable use of our resources is encouraged in every area of our work.
## **Reserves**
Reserves provide a cushion in the event of shortfalls in income compared to the budget so that charitable activities can be planned and undertaken when intended.
Total reserves have decreased. At the end of the year, reserves were at £1.4k.
The minimum level of reserves deemed to be required is based on the budgeted expenditure for the next year, with the aim being for general reserves to be between two- and four-months’ expenditure with a target of three months; plus, an amount to cover any contingency or risk anticipated.
## **Risk Management**
The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. In addition, the Trustees have also considered the major risks to which the charity is exposed and have reviewed those risks, establishing systems and procedures to manage major risks.
The positive risk management strategy adopted by the Trustees comprises:
- Quarterly review of the major risks of the charity, the overall risk map, movement in risks, actions taken and an updated risk map presented and discussed at each Trustee meeting;
- Ongoing systems and procedures to mitigate major risks identified;
- ● Implementation of procedures designed to minimise any potential impact on the charity should these risks materialise.
This strategy of positive risk management identifies significant risks, along with the probability of such risks occurring, the likely level of impact, together with mitigating action. Particular attention is given to those risks having the potential to have the greatest impact on the charity such as reputation, finance, funding, international partnerships and child protection. Procedures to mitigate other identified significant risks are implemented covering areas such as staff retention, erosion of values, mission drift, key relationships and efficiency. Significant opportunities and threats are discussed in more detail at the Trustee meetings.
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House of Destiny Ministries Charity Number: 1180251
## **Statement of Trustees’ Responsibilities**
The Trustees are responsible for preparing the Trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period.
In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
On behalf of the Board of Trustees
Pastor Kenneth Kanyangu Chair of Trustees
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House of Destiny Ministries Charity Number: 1180251
## **Statement of Financial Activities for the Year Ended 29th February 2024**
|Voluntary Income
Income from Church Activities
Other Income
Costs of Generating Voluntary Income
Church Activities Costs
Governance Costs
**TOTAL SURPLUS/DEFICIT**|**2024**
61,342
7,748
3,803
(31,474)
(20,421)
(9,628)
**11,370**|**2023**
67,381
3,535
15,169
(43,427)
(33,968)
(13)|
|---|---|---|
|||**8,678**|
All of the Charity’s activities are considered as continuing.
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House of Destiny Ministries Charity Number: 1180251
## **Balance Sheet as at 29 February 2024**
||**Total funds**|**Prior year funds**|
|---|---|---|
|**Fixed assets**|||
|Tangible assets|170,533|174,453|
|_Total fixed assets_|**170,533**|**174,453**|
|**Current assets**|||
|Debtors|2,533|4,714|
|Cash at bank and in hand|1,369|3,188|
|_Total current_|**3,902**|**7,902**|
|Creditors: amounts falling due within one year|90,000|105,000|
|_Net current_|(86,098)|(97,098)|
|_Total assets less current liabilities_|**84,435**|**77,355**|
|Creditors: amounts falling due after more than one year|-|-|
|Provisions for liabilities|-|-|
|**Total net assets or liabilities**|**84,435**|**77,355**|
The accounts were approved by the Board of Trustees 29 September 2024 and were signed on their behalf by:
Pastor Kenneth Kanyangu **Chair of Trustees**
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House of Destiny Ministries Charity Number: 1180251
## **Notes to the Accounts for the Year Ended 29th February 2024**
## **1. Accounting Policies**
## **Accounting convention**
The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) issued on 16th July, 2014 and the Charities Act 2011.
The Trustees have chosen to early adopt the Update Bulletin 1 issued by the Charities Commission on 2nd February, 2016 which exempts the charity from the need to prepare a Statement of Cash Flows.
The Trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.
## **Incoming resources**
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **Resources expended**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Depreciation**
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Building 2% reducing balance Equipment, Furniture & fittings 2% reducing balance
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House of Destiny Ministries Charity Number: 1180251
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
## **Notes to the Accounts Continue ….**
## **2. Staff Costs**
No employees received emoluments in excess of £60,000.
## **3. Trustees’ Remuneration**
There were no trustees' remuneration or other benefits for the Year Ended 29th February 2024
There were no trustees' expenses paid for the Year Ended 29th February 2024.
## **4. Tangible Fixed Assets**
|Buildings
Depreciation Buildings
Office Equipment
Depreciation Office Equip|**2024**
**2023**
184,000
184,000
(16,254)
(12,574)
12,033
12,033
(9,246)
(9,006)
**170,533**
**174,453**|
|---|---|
## **5. Debtors**
Amounts falling due within one year
||**2024**|**2023**|
|---|---|---|
|Recoverable Gift Aid|2,533|4,714|
|**6. Creditors:**|||
|Amounts falling due within one year|||
||**2024**|**2023**|
|Building Loan|90,000|105,000|
## **7. Contingencies**
The Trustees have confirmed that there were no contingent liabilities which need to be disclosed.
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