Trustees' Annual Report for the period
| Period start date | Period start date | Period end date | Period end date | ||||
|---|---|---|---|---|---|---|---|
| Day | Month | Year | Day | Month | Year | ||
| **From ** | 01 | January | 2024 | To | 31 | December | 2024 |
Section A Reference and administration details
Charity name WISDOM OF FAITH MINISTRIES
Other names charity is known by Registered charity number (if any) 1180735 Charity's principal address 122 PROSPECT ROAD HARROGATE, NORTH YORKSHIRE
Postcode HG2 7NX
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|
| Andrea Onduku | Chair | |||
| John Edwards | ||||
| Olayemi Adelekan | ||||
Names of the trustees for the charity, if any, (for example, any custodian trustees) Name Dates acted if not for whole year
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Names and addresses of advisers (Optional information)
Type of adviser Name Address
Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
Description of the charity’s trusts
Type of governing document CIO Constitution
- (eg. trust deed, constitution)
How the charity is constituted CIO Foundational Model (eg. trust, association, company)
Trustee selection methods
- (eg. appointed by, elected by) Appointed by Existing Trustees
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
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policies and procedures adopted for the induction and training of trustees;
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the charity’s organisational structure and any wider network with which the charity works;
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relationship with any related parties;
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trustees’ consideration of major risks and the system and procedures to manage them.
Section C Objectives and activities
Summary of the objects of the charity set out in its governing document
Appointed by Existing Trustees
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Summary of the main We run training, conferences, and seminar workshops for adult activities undertaken for the males and females. public benefit in relation to these objects (include within We offered help and assistance to other charities who share similar this section the statutory objectives. declaration that trustees have had regard to the guidance We also aim to increase our impact and supporters of our Charity issued by the Charity in the coming months and years, in order to enhance our Commission on public beneficiaries’ mental and spiritual wellbeing. As well as inspire benefit) them to engage in any relevant community activities that promote stronger community.
Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
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policy on grantmaking;
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policy programme related investment;
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contribution made by volunteers.
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Section D Achievements and performance
Summary of the main achievements of the charity during the year Summary of the main activities/achievements in 2024 We are getting better in running some of our meeting, and training, and coaching through Online media. Over 125 women across Yorkshire & Northwest of England attended our Ladies events in July and October 2024. And over 35 men across Yorkshire & Northwest of England attended our men’s events in July and September 2024.
.
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Section E Financial review
Brief statement of the charity’s policy on reserves
The Charity is working toward setting aside unrestricted funds equivalent to 3 months of the CIO annual expenditures. The trustees think that such level of reserves would ensure that, in the event of a significant drop in funding, they will be able to continue the Charity's current activities while consideration is given to ways in which additional funds may be raised.
We have no deficit or savings at present but working toward having Details of any funds materially savings to deal with emergencies and any potential income drop in in deficit the future.
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
Offerings and donations from those who attend our charity events and training are our major source of income, plus gift aid claims. We hope to apply for grants, and/or make funding applications, and carry out some fundraising activities in the future.
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how expenditure has supported the key objectives of the charity;
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investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s)[Andrea Onduku ] Position (eg Secretary, Chair, The Chair etc) Date 23 October 2025
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WISDOM OF FAITH MINISTRIES, 1180735
TRUSTEES REPORT AND ACCOUNTS
For the Year Ended 31 December 2024
Page 1 of 8
| WISDOM OF FAITH MINISTRIES | 1180735 |
|---|---|
| Trustees Report and Accounts | |
| CONTENTS | 2 |
| Legal & Administrative Information | 3 |
| Trustees Report | 4 - 5 |
| Receipts and Payments Account | 6 |
| Balance Sheet | 7 |
| Notes to the accounts | 8 |
Page 2 of 8
WISDOM OF FAITH MINISTRIES 1180735
| Legal and Administrative Information | |
|---|---|
| TRUSTEES | Andrea Onduku |
| John Edwards | |
| Olayemi Adelekan | |
| Secretary | Susan Capel |
| Charity Number | 1180735 |
| Registered Office | 122 Prospect Road |
| Harrogate | |
| North Yorkshire | |
| HG2 7NX |
Page 3 of 8
WISDOM OF FAITH MINISTRIES 1180735
Trustees Report
For the Year Ended 31 December 2024
The trustees present their report and accounts for the Year Ended 31 December 2024
The accounts have been prepared in accordance with the guidance provided by the Charity Commision relating to the Recipets and Payments Accounts and comply with the Charity's governing documents.
Structure governance and management:
The Charity operates as CIO and the principal activity continues to be running of events, conferences, seminars and training for the public benefits for adult men and women who wish to find and fulfil their inherent life purpose.
The trustees served during the year were:
Andrea Onduku John Edwards Olayemi Adelekan
The trustees are also members of the Charity's management committee and are elected/re-elected at an annual meeting in accordance with the Charity's governing documents.
Organisational Structure:
The Charity's management committee meets at regular intervals and is responsible for the strategic direction and policy of the Charity.
The trustees have assessed the major risks to which the Charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks.
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WISDOM OF FAITH MINISTRIES 1180735
Financial Review:
The Charity is considering a policy where unrestricted funds should be designated for a specific use, and be maintained at a level equivalent to three months expenditures of the Charity. The trustees think that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue to run the Charity's current activities while consideration is given to ways in which additional funds may be raised.
On behalf of the board of trustees
Andrea Onduku Trustee/Chair
Dated: Tuesday, 30 September 2025
Page 5 of 8
WISDOM OF FAITH MINISTRIES 1180735
Statement of Financial Activities including Receipts and Payments Account
Year Ended 31 December 2024
| Receipts: Offerings & Donations Total Receipts Payments: Travel Expenses Ministry Expenses Training Expenses Administration costs Professional Fee Total Payments Net Income (Loss) Add Opening Balance Closing Balance Carried Forward |
2024 8625.60 £8,625.60 37.51 2038.85 83.33 5207.06 £7,366.75 £1,258.85 £981.87 £2,240.72 |
2023 6235.41 £6,235.41 |
|---|---|---|
| 353.18 1898.64 57.00 5217.70 268.60 £7,795.12 |
||
| -£1,559.71 £2,541.58 £981.87 |
Page 6 of 8
WISDOM OF FAITH MINISTRIES 1180735
Balance Sheet
Year Ended 31 December 2024
| Current Assets: Bank and Cash Balances Total Assets: Current Liabilities: Creditcard and Bank Overdrafts Unpaid Accounts fee Total Net Assets: Fund Balances Balance brought forward Add: Surplus of Receipts over Payments Less: Excess of Payments over Receipts Balance Carried Forward |
2024 £2,240.72 £2,240.72 - - £2,240.72 £2,240.72 £2,240.72 |
2023 |
|---|---|---|
| £3,266.21 | ||
| £3,266.21 | ||
| - - |
||
| £3,266.21 | ||
| £3,266.21 | ||
| £3,266.21 |
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WISDOM OF FAITH MINISTRIES 1180735
Notes to the Receipts and Payments Account
Year Ended 31 December 2024
| Administration costs Media & Publicity Postage & Stationery Computer Expenses Hire Premises Ministry Expenses Speaking Engagements Hospitality Local Charity Training and Education Training cost Travelling expenses Travelling cost Total Payments for the Year |
£ 759.08 197.76 485.81 3,764.41 1,130.00 626.46 282.39 83.33 37.51 |
2024 £5,207.06 £2,038.85 £83.33 £37.51 |
|---|---|---|
| 7,366.75 £ |
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