{Re$ted Chariry No- 1181468) Greater Faith Ministries Trustees. Report and Accounts For the Year Ended 01 July 2022
Greater Faith Ministries Trustees, Report and Accounts PACE Legal and AdmitratiVe Details Trust¢es' Report h]dependent Examiners, Report Ststement of Financial Activities Balance Sheet Notes to the Accounts Detailed Slatement of Financial Activities 10 IIPage
Greater Faith Ministries Trustees, Report and Accounts ADVISE FOR THE YEARENDED I JULY 2022 l. Marlene Lorraioe Miller 2. Bisbop Lennox Homilton (Chair) 3. GiAdys Elaiti¢ McNeil 4. Shirley Hamilton Cknrlty Numb¢r 1181468 Date of tharltsbleT¢¢l•trAIIoD Bjanu20l9 Prkn¢lp•l ollltt Addrt g¢bill CoDylluDity C¢Dtre 69.84 sIg¢kill Road SE6 3QN l•dtpeDd¢Dt eumlnen NF Flnandal Solutlons Ltd- Clo GoOve BAnkon BorclayJ BAttk PLC 21Page
Greater Faith Ministries Tntste¢s' Report and Accounts TRUSfEESI REPORT FOR THE YEAR ENDED I JULY 2022 The Boprd ofTnthees. who sre the truste for charity law pwpose4 submit theiraDDual report and the financial ststemEnts of GrEat¢r Faith Ministsies forthc year ended l July 2022. The &ATd of TTuses confinns that the annual report and fiTwi¢ial slatements of the Clthrity comply with cutrent statutory requiremen the requirements of th¢ Cb&rity¥ Eoverning dOentIRdth¢ provisio$ of thc Statrmeot of Recon]mended PFa¢ticc (SORP)'Accounting and Rq)orting by Cl]atities (revised 25),. SÉruetllr4 goverDxnce ud nl%eMent The4 Trnsteej •re: Mkdelle Lorrnitie Miller 2. Bishop LenDox H8miltou (Chair) 3. Gladys Elaine MrN¢il 4. Shirl¢y H8Jllillo The Trustees pby a primary role in ensur1 good governanc¢ and fimaioning of the fouttdatwo. The Board's rol¢, fimctions apd responsilJilTties ore clearly defjne4L Th¢ Ch&ity a4Tently Iw a ddicated te4mof Advig)ryboaTd m¢n)bet5 in th¢ UKwho have helped to secur¢ fthancial sup[8nd c4Jntribth to tbe fithlleplanDitigof the orgRttisatioL Gov¢rnitig doeumentr. Gttater Faith mintricS iB a Cknitabie Inwraknl Orgattistholl {CIO) and [¢stered 8s8 chllY on 8 January 2019. The clwyty is govern1 by its Wltilon dated l July2018. Re¢nthrn¢Lt •nd appothtment of trusttts: The melnbS orth¢ Gtnernl Trusk¢ Board are trustees for thc of ¢lwity law. New Iruste¢s tnay be appointed by resoiutionof a Jne¢ting ofth¢ tnstres. Mucb of the thriws fo¢uscs upon the prollKJtiOn ofthe chri1 religion and thenma1 a7 maintenance of its placGs of worship. The Geoernl TThstee Board serks lo SUr¢th* the needs of this group ar¢ approprntely ttflected through the diversity of th¢ trustec b(Mly. To eDhano the p)telltial pool oftrLWtK4 the charity has, through selective adY¢rtssing and rtetworkingwith voluntary orggDiz8tions aclive in th¢ sector. sougbt identify thos¢ who w4)uld willing to become membu5 of th¢ clwity and usc th¢ir own exwiellcc lo th¢ clkarity. Risk Man4emettt: We are committed to apolicy of identifyui& monityrlng 8ndrnanagingth¢risks thatmsght adva3ely affeet the activitie8 in which we are involvetL In this ¢ontex4 risk is defined asthe p)tential to f] to achieve cbarity objectives and for loss. kniai and reputatioaaL inbucnt inth¢ itt which we operate in the natu of th¢ widefiaken. The principal risk of the cbarity lths been its dependence onvolunlary TnfOEno Tnstees have iDitiateAvarious proe& to mitigat¢ su¢h iisK so that the charity has ffiCIent reserve in the event ofadver5e cottdition(s). taken st¢ps lo mi¢igate the sigDifiwt risk& Pub BeDent The Trustees have complied with the duty in Seetion 4 ofthe Act 2006 and havc paid rtgard to public ben¢fjt when prepariDg this r¢wL The benefit provided to the public is conJist¢nt with the aims of the 31Pa8e
Greater Faith Ministries Trustees, Report and Accounts TRusfEES' RETORTFOR TIIE YEARENDED I JULY 2022 ObJedives aod gdivities: To advanc¢ the Christian faith forthe bettefrtofthe publi¢ iti accord&ttee with the ststemeDts of belief appEariDg ID the schedul< To promot¢ forthe ben¢fJt ofthe inbtibilants of L4)ndon gDd th¢ Surrou arca the pmvision of f7]ities forTe¢regtion orothtt letsurc lime ocCU10n of individyal8 who hav¢ Deed of such facilities by re&g)n of theiryouth? agA irtfirmity ordisabl¢rntnL financial hardthip or w¢iai and eOrni¢ cir¢umthces or forthe public 81 large in the interests of social welfare andwith theobiectof improving the ¢ondition of lifc of the said in1bitan To act 85 a resourtt foryoung people by providiti8 advice &ttd and or88n1g W•Bramm¢s ofphysi¢aL edUtiOal and otha activiti¢8 as a of: advancing in life aDd helping young tq)leby developing ttieirskn capa¢its¢s and cap2bililies to enabl¢thcm to participat¢ in lety as indwdcni olld responthle indivath]ab: The larg¢strL)ntnbMiouto the cbarity forth¢ year cam¢ from genernl offerings. The ¢harity I8 bes its Tr Charity cumtly 8ims to designate the total fund received leygexpenw forthe omin objective ofthe Pl•ns for flltllrey¢Tiods: and evetst& the clwity is aiming lo achieve Itstsy8ets0u8b 8tturitigOonatiODS fivm williD8 ind1vithl% A developme board D]ay b¢ teA to help.iNlud¢otherav¢nu&8 of fwthisiDgto be )luded ill th¢ yLwly progrdmme. Ststememt ofBoTd OfTrpQc4, YuponsllMTtie8 The BoaTd of Tnte¢S ate resp005ible forpreparitkg the Annual Report4Dd the financial stattments in accoTdaDc¢ with applicable law and United Kingdom Genernlly Acccpled ALXOUDtiog PTr¢. Ch8riry law applicabk th clwilies in EnglznW8les requires the Board of Truste¢s to prepare fiMan¢i ststctncnts foreach financial year which gives a true and fairview ofthe ststr of affairs of the Charity and of th¢ Selected suitsble aecovnling p)liciand applied them consi•. Made judgments at]d tstimates that are r¢awn&ble and prndth¢ Stated whether appliubk aeeovntin8 StsDda have been foliowaL subjed to any m8lerial departu dis¢los¢d and explained iti the financial statgmcnts: and Pffeparedthe fftnaneial stsments OD a going CA)DC£rn basis (unlc&s it is inappropriat to ptesum¢ that The Board of TnLStecs has oveTall responsli Jlity for ensuringthat th¢ Cknity h&$ aD wllopr sySt¢m of controb. fman¢ial and otherwis¢. They are 50 resrA)nSIle for keeping proper accounting records which disclose with reasonable &curacy at any tttlle the fitianC1 position of the Charity andellable tlm to ensure that th¢ financial 5tatem¢nts conwly with thc Charities Act 1993. Thcy also respoDsilk forEafe8uardin8 the 41Page
Greater Faith Ministries Trust¢es' Report and Accounts TRUSTEES, REPORT FOR TIIE YEAR ENDED I JULY2•22 ets of the Cknity bencc fortsking reasonuble sps for the dertiOll3Dd prevention offrnud and other itregulariti The Boatd of TnLqtees is re01] )le forthe maint¢n2ttrz iDt¢grity of the corpoTat¢ ADd fjnanciAI infornvdiiou. L¢BiBlation Xll th¢ ullit Killgdom govcrning the prep•rntion 8nd dissemination orrMClaI Sthtrtn¢nl of disclosure of infonnation to independent eX8miner We, as the Thtsti%s of thc Charity wkn held offi¢¢ at the dateof approval of thcge fizwKial ststemeDt8 81 set out 00 Page 2 eacb Coll 91 far as we Are 8wate, thaL Th¢r¢ 1$ relevant inf0mtion of which th¢ Clwitys Ind9dent examiner ar¢ wwworr: and wc have taken 811 tho Steps that wc ought to have tsk¢n 8$ TnL4tees in order to makc outsclves awaTe of any rElevallt infonnatiots and estsblisb that thc eb&ritys independent ex8111iner 18 8w#re of that iDfonDalion. IDdepeDdtnl Ex•mlDer. The Charilys independent exalniner, NF Flnandal Solutlons Ltd Clo Good to Give W h85 indi¢Ated their Willin8 to offer thetn8elY¢s for •ppointmcnL Thi5f¢Prt v/Bs opproved by the T on and 8i8Ded ott th¢irbBhf by: D*tt:
Great¢r Faith Ministries Trustees, Report and Accounts l Tepcfft OD the finall¢ swemeDts of the cknity for the yearttsloj l July2022 whith 0)M the Ststemellt This ryrt is made solely to the chpritys Tnw ua body. in accoydw with sertion 145 of the Ch£riti¢s Aci 2011 attd regulatiow uttder sedion 154 of thA¢L My woTkhas beell so that I might slate no otherpurp05c. To the full¢M extent pumitred by law. I do not #ecg)i or assume T¢4b¢7}lIlty ty aDyone oth thatt the charity and thc clwriws TnCeS As a1y. formy ¢umilI00 WWL audit is not r¢quired for this yevund¢¥ section 144(2) of the Charities A¢t 2011 (the Ad) #Dd that an It is my T¢Sn$1111ty to: (uDdLY S¢¢tiott 145(SMb) of the Ch¥Titics Art)" az of Indwde#t EzAwlmerfs report Cornrnissionm. An exami0 iticlud¢s * ttview of the accouttting recwds keptby the and a ¢ompwisoD of the accounts Fytsented with those record& It also iDclw4es considertyon of any unuwal items or proce4fwes undcrt•ken do not provide all the evidenc¢ that would be aD audii and CODsequentty no opinion is giv¢n asto wh¢thertr •'1¢ aDd fair. vi¢w artd thc report is limited io those matter8 Xt out in the ststrmen¢ below. Independ¢•t Exml•erf8 te*t l) whtch giv¢8 me reasonable c8US¢ to kliev¢ that iti rewt th¢ wuir¢ments: ounlin8 requiTements ofthe Art ha not be¢n lo whi¢h, in my q)inTw, shwkl be dTrvrn in oYd¢rlo •pry w)d¢[l$ 0710512023 Basthlydn ILL C& Rodr180 ( Bsc Accountanry. MBA AG4SU FFAIFIPA) On behr0fNP Financial Solutions Ltd 61Page
Greater Faith Ministries Tntees, Report and Accounts 2021 34J52 fjiftiid 41.431 2U72 39827 7J 7JJ• 17.779 Forth¢)w 21th 246 21.483 71PaEe
Greater Faith Ministries Tn]stees' Report and Accounts BAIANCE SllE AS AT I JULY 2022 2•21 No Buildin8 Dtbtm (Gift 4idrett&vthl¢) C•¥b bank 1.029 27J84 166 21 J17 W13 21J83 CREDITORS. srrwts fautr du¢ withiD y 4613 21383 ASSKTS 13 2&613 21.483 W13 Date: 1023 81Page
Greater Faith Ministries Trnstees, Report and Accounts I. ACCOiINnNG POLICIES Fioan¢i41 Reporting Stsndard for Smalkr EDtities (effeaive Apnl 2(N)8). The fiDwial (SORP),'A¢¢ouniing And Rwtin8 by C}lties. publishr41 in mAh 2W5 und Applicable 12 FMNd A¢¢ox•tl•8 Tn4es in furtberanee ofthe grnernl obie¢livts ofthe ¢harity and which have no¢ been R&8tricted filnts ate whicb are lobe used in8¢dIn with 4lfie tcstridions imposed by orwhi¢b bave be¢u rnised by the dwity for particular purp)ses. The co$t$ IJ ImeotylD& remvr All incomtti8 rDu are incIle iti the orriDJncial activities when th¢ charity suffieient reliability. valuation which is att estimate of the financi TrKrfneby the dosw where 5uth a o)8t is by A third party. Ill[¢ (ax T0Veble ID Te100 to 4knalioM rtttivuluntsfjift Aid OT de¢dg of c1 is ye)glsed at the tirnc of the donityL ategories that agwatr all LSts forauocalion 10 Xtivitie& VIIKre costs cwiot be dirertiy those CAists iti¢uffed dirc£tly in W of ex[OIrE on the obiccts of the clwity include IJ Tr During the y¢aT TnL¢ ts)tsll¢d £16.8(X) (2021: £15.4 91Page
Greater Faith Ministries Trustees, Report and Accounts 2•22 2•21 GeoeTrl offaiD8S 41993 41993 34J52 Giftaid 4J64 41A31 3.136 3.136 655 655 13fj21 13.621 Gift & 1.620 39At7 39427 2351 Nrt l•¢•llK I{eXndItre) 7J3• 7J30 17.779 IOIPage